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The Ink Business Unlimited® Credit Card is a good option for business owners looking for a cashback credit card to boost their bottom line with a $0 annual fee.
This credit card has everything that’s most appealing to companies — the chance to earn unlimited cash back at a flat rate, a nice sign-up bonus and a good intro purchase APR. Plus, there’s flexibility in how you can redeem the cash back you earn on the card.
We’ll explore what you get with the Ink Business Unlimited® Credit Card and compare it to what’s offered by The American Express Blue Business Cash™ Card, which could be a solid alternative.
Intro Purchase APR
0% Intro APR on Purchases for 12 months
Regular Purchase APR
17.99% - 23.99% Variable
Intro BT APR
N/A
Regular BT APR
17.99% - 23.99% Variable
Annual Fee
$0
Cash Advance Fee
Either $15 or 5% of the amount of each transaction, whichever is greater.
Foreign Transaction Fee
3% of each transaction in U.S. dollars
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Favorable intro purchase APR
The card has a 0% Intro APR on Purchases for 12 months (after which a 17.99% - 23.99% variable APR will apply).
Annual fee
The Ink Business Unlimited® Credit Card comes with a $0 annual fee.
Flat rewards rate
Earn unlimited 1.5% cash back on every purchase made for your business. Because of this card’s flat rate, you can focus on running your business, rather than trying to remember which spending categories earn higher cashback rates.
Rewards redemption flexibility
The cash back you earn on the Ink Business Unlimited® Credit Card can be used for cash, gift cards and products or services for your business at the Chase Ultimate Rewards® website. Your rewards are also good at Amazon.com, including taxes and shipping.
Combine your rewards
If you have one of three other Chase cards — Ink Business Preferred® Credit Card, Chase Sapphire Preferred® Card or Chase Sapphire Reserve® — you can combine the rewards you earn on them with the cash back earned on the Ink Business Unlimited® Credit Card. Convert your cash back into points and use those combined rewards to receive more value when you redeem them for travel via the Chase TravelSM portal.
Big spend required to earn sign-up bonus
Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. The spend required to earn this card’s bonus is pretty steep compared to other cashback cards, so make sure you have enough expenses lined up to meet this before you apply for the card.
Low rewards rate
There are competing no-annual-fee business credit cards — including the Ink Business Cash® Credit Card, The American Express Blue Business Cash™ Card or the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card — that offer higher cashback rewards in spending categories important to businesses.
Meager travel perks
Some businesses might want more travel insurance benefits, such as trip delay, trip interruption or lost baggage.
With no annual fee, The American Express Blue Business Cash™ Card offers a simple rewards structure with no bonus spend categories, but at a higher reward rate than the Ink Business Unlimited® Credit Card.
The American Express Blue Business Cash™ Card cardholders earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cashback earned is redeemed as a statement credit.
The American Express Blue Business Cash™ Card comes with an intro APR on purchases of 0% on purchases for 12 months from date of account opening (then a 17.74% - 25.74% variable APR) — which is the same as the Ink Business Unlimited® Credit Card.
Additionally, The American Express Blue Business Cash™ Card allows card members to spend above the set spending limit and still earn cash back as a statement credit, with no fees. However, this benefit isn’t unlimited and will take card use, payment history, credit record, financial resources and other factors into consideration to determine how much more spending above your credit limit will be allowed on the card.
The American Express Blue Business Cash™ Card comes with a variety of perks, including car rental loss and damage insurance, the Global Assist® Hotline, extended warranty, purchase protection, dispute resolution and Amex Offers for shopping, dining, travel, and more. But you will pay a foreign transaction fee of 2.7% of each transaction after conversion to US dollars.
The American Express Blue Business Cash™ Card not only offers free employee credit cards, but it also comes with these business tools: a designated account manager; the American Express® Business App that lets you add receipts and notes to your transactions either via desktop or your mobile device; the ability to link you card to your QuickBooks account; set account alerts; and receive a year-end spending report. The only business tool the Ink Business Unlimited® Credit Card offers are free employee credit cards.
| Credit Cards | Our Ratings | Welcome Offer | Annual Fee | Rewards Rate | |
|---|---|---|---|---|---|
|
Ink Business Unlimited® Credit Card*
|
Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. | $0 | Earn unlimited 1.5% cash back on every purchase made for your business | ||
The American Express Blue Business Cash™ Card*
|
Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. | No annual fee | Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% | ||
Ink Business Cash® Credit Card*
|
Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. | $0 | Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn. | ||
Ink Business Preferred® Credit Card*
|
Earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. | $95 | Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn. |
Before deciding which business credit cards is best for your company, you need to ask the following questions:
If you want a card with unlimited cash back at a flat rate, flexible ways to redeem rewards and some travel and purchase perks, then go with the Ink Business Unlimited® Credit Card.
The information related to the Ink Business Unlimited® Credit Card, The American Express Blue Business Cash™ Card, Ink Business Preferred® Credit Card, Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, Ink Business Cash® Credit Card and Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.
