Chase Ink Cards Make Sense for Business Use and For Personal Use

Chase Ink Cards Make Sense for Business Use and For Personal Use

Chase offers two great credit cards intended for small and medium size business to use, but they make sense for anyone engaged in any sort of business capacity.

The Chase Ink credit cards are intended primarily for small and medium sized businesses.  They offer great rewards, such as 50,000 Chase Ultimate Rewards point if you spend $5,000 in the first 3 months of your cardmembership.  They also provide you with 1 points per dollar spent on most items, but 4 bonus points per dollar spent at office supply stores and on cable and phone services and 1 bonus point per dollar spent at hotels and gas stations (up to a total of 200,000 bonus points per year).  It is easy to accumulate lots of points very quickly with the card.  The points have a lot of value, including cash back value and travel value if you book directly through Chase.  The best use of the points is to transfer them to a host of travel partners on a 1:1 basis.  These partners include United and British Airways, and Hyatt and Marriott. 

The best news about the Chase Ink cards is that they are not exclusively for businesses.   Rather, applicants who perform a business function on the side of their everyday activities (such as consulting, etc.) are able to get a card simply by listing themselves as a sole proprietor and listing their Social Security Number instead of Employee Identification Number in the online Chase application.

And there are more than one Chase Ink cards that make sense.  The most issued card is the Ink Bold Card which is technically a charge card (has no credit limit, but the balance must be paid in full).  A separate card that that makes sense is the Chase Ink Plus card which is usually issued with a $20,000 credit limit.  Both cards have a $95 fee which is waived the first year, both enable you to obtain additional cards for employees, both cards do not charge foreign transaction fees, both cards are Mastercards which enable you to get automatic savings with a host of merchants if you register with their Easy Savings promotions.  The two cards are very similar and Chase enables you to apply for both as long as your application is in separate months.

See this article for an opportunity to use a Chase Ink card to benefit from a points bonanza.

Learn more about other credit cards.

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