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- How to earn the Chase Ink Business Unlimited® Credit Card bonus
- Qualifying for the Chase Ink Business Unlimited® Credit Card
- How to use the Chase Ink Business Unlimited® Credit Card bonus
- Is the Ink Business Unlimited good for earning points after the intro bonus?
- Ongoing benefits of the Ink Business Unlimited
- Conclusion
What are travel credit cards, and how do they work?
Travel credit cards are financial products that offer various rewards and benefits geared towards frequent travelers. They typically earn you points or miles for every dollar spent on eligible purchases. These rewards can be redeemed for flights, hotel stays, car rentals, and other travel-related expenses. Travel credit cards may also include perks like travel insurance, airport lounge access, and no foreign transaction fees.
How do I choose the best travel credit card for my needs?
Choosing the best travel credit card depends on your travel habits, spending patterns, and preferences. Consider factors like the type of rewards offered (points, miles, or cash back), the card’s annual fee, sign-up bonuses, earning rates, redemption options, and additional travel perks. Analyzing these features will help you find a card that aligns with your lifestyle and offers the most value.
What are the benefits of using a travel credit card over other types of credit cards?
Travel credit cards provide unique advantages for travelers, such as earning rewards specifically tailored to travel expenses. Additionally, many travel credit cards offer travel-related perks like free checked bags, priority boarding, and travel insurance. Some cards also waive foreign transaction fees, making them ideal for international travelers.
What is a sign-up bonus, and how can I qualify for it?
A sign-up bonus is a promotional offer provided by the credit card issuer to entice new cardholders. To qualify for a sign-up bonus, you usually need to meet specific spending requirements within a certain timeframe after opening the account. The bonus can be in the form of points, miles, or cash back, and it’s a great way to jump-start your rewards earning.
Do travel credit cards charge foreign transaction fees?
Not all travel credit cards charge foreign transaction fees. Many of the top-tier travel cards waive these fees, making them ideal for international travel. However, it’s essential to read the card’s terms and conditions to confirm this before using it abroad.
How can I maximize the rewards earned with my travel credit card?
To maximize rewards, use your travel credit card for everyday expenses and large purchases. Take advantage of bonus categories and special promotions to earn more points or miles. Consider combining your travel credit card with loyalty programs to stack rewards and get even more value out of your purchases.
The landscape of rewards credit cards and award travel is constantly changing. Intro bonuses rise and fall, travel sweet spots emerge and disappear. But one recent bright spot is the Chase Ink Business Unlimited® Credit Card and its $750 cash back welcome bonus.
For no annual fee, this Chase for business credit card gives you one of the loudest bangs for your buck. It earns Chase Ultimate Rewards® points, which is considered by many in the points and miles world to be the most valuable of all travel currencies because of its flexibility.
Though the Chase Ink Business Unlimited® Credit Card is a small business card, the Chase for business card is easier to get than you might think. Many people operate a small business without even realizing it. For example, if you sell items on Etsy or eBay, perform freelance work on the side, or deliver for DoorDash, you can qualify for this card.
Let’s take a quick look at how to earn the Chase Ink Business Unlimited® Credit Card bonus and the awesome things you can do with that large chunk of cash back (or potentially transferrable points).
- Best for: Small Business Owners
- Annual Fee: $0
- Variable APR: 17.99% - 23.99%
- Reward Rate: 1.5%
- Recommended Credit: 670-850
Chase Ink Business Unlimited® Credit Card
$750 Cash Back
Offer Details:
$750 cash back after you spend $6,000 on purchases in the first 3 months from account opening
Why we like it
The Ink Business Unlimited Card shines with its large intro bonus, currently sitting at $750 of cash back. The card has no annual fee and a simple but strong rewards-earning rate, with 1.5% cash back (1.5x points) on all purchases. This means you don’t have to worry about tracking any bonus categories and still know that each time you swipe the card you’ll be racking up points.
Even better, if you have a companion Chase card like the Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred, you can pool your rewards from the Ink Unlimited and make them more valuable by transferring them to Chase’s travel partners like Hyatt, United Airlines, British Airways, Southwest, and more.
Reward details
1.5% unlimited cash back on every purchase for your business
Pros & Cons
PROS
-
For small business owners and freelancers it’s one of the best cards for turning spending into valuable rewards. The welcome bonus alone is worth $750 of cash back and you’ll continue to rack up rewards with a solid earning rate that applies to all purchases.
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It has no annual fee.
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If you have another Chase card like the Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred, you can pool your points and make them more valuable. You’ll be able to transfer your points to Chase’s travel partners like Marriott, Air Canada, Southwest, United, and more.
CONS
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It does lack some of the juicier benefits attached to other business credit cards likes the The Business Platinum Card® from American Express. But with no annual fee, it’s hard to argue with its value proposition.
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It’s subject to Chase’s 5/24 rule. So if you’ve opened five cards in the last two years, you’re most likely not going to be accepted.
How to earn the Chase Ink Business Unlimited® Credit Card bonus
The Chase Ink Business Unlimited® Credit Card is offering $750 in cash back after you spend $6,000 on purchases within the first three months of account opening.
This is arguably one of the best credit card bonuses available at the moment—$750 of cash back on a no annual fee card is a heck of a deal. However, as we’ll soon cover, this bonus can potentially be worth even more in travel if you have another Chase card that allows you to transfer points to travel partners.
Sounds too good, I know. But we’ll show you how you can easily achieve just that.
Adding to the appeal, this same bonus on a Chase for business card has a reasonable minimum spending requirement of $6,000 in the first three months, which is relatively low compared to many other business credit cards. The spending requirement makes the welcome bonus accessible to a much wider audience—namely, you.
To break it down, you’d have to spend an average of $2,000 per month for three months to hit the $6,000 spending requirement. While that may seem a little hefty, remember that you can put all of your daily expenses on the card, and prepay for things like utilities or your cell phone bill. Or, if you have a big purchase coming up, like a new laptop or car repair, those transactions can help you leap towards earning that big bonus.
Qualifying for the Chase Ink Business Unlimited® Credit Card is easier than you might think
When you think of a “small business,” you may envision a revenue amounting to tens or hundreds of thousands of dollars per year, multiple employees, a storefront, etc. But in fact, none of these things are required to get a small business card. You can qualify for the Chase Ink Business Unlimited® Credit Card if you perform services such as:
- Freelance writing
- Driving for Uber or DoorDash
- Selling items on Etsy or eBay
- Dog sitting or babysitting
- Tutoring
A small business doesn’t even have to be your main job. As long as you’ve got a for-profit venture, you qualify for the card—though whether you’re approved will depend on additional factors.
You also don’t have to have an EIN or be an LLC. You’ll be able to fill out a business card application with the same information as a personal credit card. When the application asks you to enter the legal business structure, you have the option to choose sole proprietorship. And when it asks for the Tax ID type, you have the option to choose your social security number.
How to use the Chase Ink Business Unlimited® Credit Card bonus
The value you’ll receive from the Chase Ink Business Unlimited® Credit Card bonus depends on how you redeem it. There are lots of ways you can use Chase points, after all. Let’s take a look at some solid options (and reveal the redemptions to stay away from).
$750 of cash back
If you don’t have an accompanying Chase credit card that allows you to transfer points to travel partners, your best bet is to redeem your Chase welcome bonus for $750 of cash back.
You can redeem your points for a statement credit or as a deposit in your bank account. With a statement credit, you’ll be offsetting purchases you make on the card and it will lower your bill once your statement comes due.
If you choose a bank deposit, once the cash is in your account, you’re free to do whatever you please with it!
Transfer to travel partners (with a catch)
While the Chase Ink Unlimited is marketed as a cash back card, it technically earns Ultimate Rewards points that can be redeemed for cash back, gift cards, travel, and more.
Ultimate Rewards points are usually known for being highly valuable since they can be transferred to Chase’s travel partners like Marriott and United Airlines. However, you must have the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or Chase Ink Business Preferred® Credit Card to transfer your points to airlines and hotels.
But if you hold both an Ink Business Unlimited and one of the three aforementioned cards, you can convert the Ultimate Rewards points earned from your Ink Unlimited into transferrable Ultimate Rewards points. So that $750 cash back welcome bonus can become 60,000 Ultimate Rewards points which can be converted into hotel points or airline miles for some pretty incredible redemptions.
Chase partners with 14 airline and hotel programs. You can transfer your Chase points to any of these loyalty programs at a 1:1 ratio:
| Aer Lingus | Iberia | Southwest |
| Air Canada Aeroplan | IHG One | United Airlines |
| British Airways | JetBlue | Virgin Atlantic |
| Emirates | Marriott Bonvoy | World of Hyatt |
| Flying Blue (Air France and KLM) | Singapore Airlines |
Transfers are instant with the exception of Singapore Airlines and Marriott. In practice, Marriott tends to transfer extremely quickly (within the hour), while Singapore Airlines miles should appear in your account within a day.
So, why are these transfer partners a big deal? There are a few things you can achieve with the Chase Ink Business Unlimited® Credit Card’s 60,000-point bonus by converting your points into airline miles and hotel points.
For example, transfer 50,000 points to Virgin Atlantic for a one-way flight between the US and Europe in Delta One business class with lie-flat seats (worth $2,000+).
There are countless other ways to get huge value from Chase transfer partners. The above example is just the beginning.
Book through the Chase Travel Portal
If you hold the Chase Ink Business Unlimited® Credit Card, you can use Chase Ultimate Rewards points to “buy” airfare, hotels, car rentals, cruises, etc. at a rate of 1 cent each through the Chase Travel Portal. While the ceiling for your points is much lower than when transferring to Chase travel partners, this guarantees that you’ll get a reasonable value for your rewards.
Using your 60,000-point bonus to book travel through the Chase Travel Portal will give you $750 in total value. However, if you also have one of the three Chase cards that allows you to transfer points to travel partners, you can boost the value of your points even more.
With the Chase Sapphire Preferred® Card or Chase Ink Business Preferred® Credit Card, you’ll get 1.25 cents per point when booking through the Chase Travel Portal, while points are worth 1.5 cents each with the Chase Sapphire Reserve®. That means 60,000 points can be worth $900 of travel, depending on what card you have. have.
Booking through the Chase Travel Portal is similar to booking a flight, hotel, or rental car on a website like Expedia or Booking.com—you’ll have thousands of options and any seat or room you find through the portal can be bought with points. You also won’t have to worry about blackout dates and available award seats.
Trade points for gift cards or Amazon purchases
Among the less desirable ways to redeem your points is for gift cards or purchases made in your Amazon shopping cart. However, it can be a good option if you don’t have any travel coming up for the foreseeable future. Here’s the value you’ll receive:
- Gift cards — Between 1 and 1.1 cents per point
- Amazon shopping — 0.8 cents per point
That means the Ink Unlimited’s bonus is worth up to $660 in gift cards or $480 for shopping with Amazon.
Under no circumstances should you ever redeem your points for less than 1 cent each. While it’s certainly convenient to use your points at Amazon checkout, it’s a much better idea to simply request a statement credit to offset your purchase. Not only will you receive a better value for your points, but you’ll also earn points for your shopping.
Is the Ink Business Unlimited good for earning points after the intro bonus?
The Chase Ink Business Unlimited® Credit Card is a fantastic card to keep long term because of how it earns rewards on everyday spending. Plus it has no annual fee, so there’s no cost to keeping the card open as long as you want.
You’ll earn rewards at the following rate:
- Earn 1.5% cash back (1.5x points) on all purchases, with no cap on how many rewards you can earn.
- Earn 5% cash back (5x points) on Lyft rides through March 2025.
While the card doesn’t feature large point multipliers on any bonus spending categories, it does offer a strong base-earning rate that applies to all purchases. Most cards offer a 2-3% cash-back bonus category, but earn 1% cash back on all other purchases.
With the Ink Unlimited, you’ll earn 1.5% cash back (1.5x points) on all purchases, which can more than make up for not having a bonus category, and potentially leave you with much more cash back or points at the end of the year.
Plus, you won’t have to worry about tracking your spending and making sure you’re using your card at the right merchant to take advantage of any niche bonus categories—you’ll know that every purchase you make is earning a solid amount of rewards.
The Ink Business Unlimited also makes a great complement to a card like the Chase Sapphire Preferred® Card, since you can combine their points and maximize the bonus categories on the Sapphire Preferred and put all non-bonus spend on the Ink Unlimited.
Ongoing benefits of the Ink Business Unlimited
The Chase Ink Business Unlimited® Credit Card has a few practical ongoing benefits that can save you real money.
You’ll receive insurance and purchase protection. For example, you’ll get:
- Secondary rental car insurance – Get car rental insurance when you waive the rental agency’s in-house CDW. The only catch is that you must be renting for business purposes.
- Extended Warranty Protection – Purchases made on the card can receive an additional year of warranty on top of what the manufacturer offers.
- Purchase Protection – Purchases you make with your card are protected from damage and theft for the first 120 days of ownership, with up to $10,000 per claim and up to $50,000 in claims per account.
The point
The Chase Ink Business Unlimited® Credit Card makes for a great travel card and comes with a large and very valuable welcome bonus to boot. Its ongoing benefits and lack of an annual fee also make it an attractive card to keep long term.
Remember, many may qualify for this small business card by having a side hustle like dog sitting, delivering for DoorDash, or selling items online.
- Best for: Small Business Owners
- Annual Fee: $0
- Variable APR: 17.99% - 23.99%
- Reward Rate: 1.5%
- Recommended Credit: 670-850
Chase Ink Business Unlimited® Credit Card
$750 Cash Back
Offer Details:
$750 cash back after you spend $6,000 on purchases in the first 3 months from account opening
Why we like it
The Ink Business Unlimited Card shines with its large intro bonus, currently sitting at $750 of cash back. The card has no annual fee and a simple but strong rewards-earning rate, with 1.5% cash back (1.5x points) on all purchases. This means you don’t have to worry about tracking any bonus categories and still know that each time you swipe the card you’ll be racking up points.
Even better, if you have a companion Chase card like the Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred, you can pool your rewards from the Ink Unlimited and make them more valuable by transferring them to Chase’s travel partners like Hyatt, United Airlines, British Airways, Southwest, and more.
Reward details
1.5% unlimited cash back on every purchase for your business
Pros & Cons
PROS
-
For small business owners and freelancers it’s one of the best cards for turning spending into valuable rewards. The welcome bonus alone is worth $750 of cash back and you’ll continue to rack up rewards with a solid earning rate that applies to all purchases.
-
It has no annual fee.
-
If you have another Chase card like the Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred, you can pool your points and make them more valuable. You’ll be able to transfer your points to Chase’s travel partners like Marriott, Air Canada, Southwest, United, and more.
CONS
-
It does lack some of the juicier benefits attached to other business credit cards likes the The Business Platinum Card® from American Express. But with no annual fee, it’s hard to argue with its value proposition.
-
It’s subject to Chase’s 5/24 rule. So if you’ve opened five cards in the last two years, you’re most likely not going to be accepted.
by your friends at The Daily Navigator
