Peace Jenner VardeIn this post, we will walk you through the best Chase business credit cards, revealing each card’s features, benefits, and use cases to help you decide which one is best for your business. Any of these Credit cards discussed below will help you carry out your business transactions easily.
Managing a business successfully requires a strong financial foundation and one of the key tools in building that foundation is having the right business credit card. Chase offers a wide array of business credit cards specifically designed to support businesses of different sizes and needs, offering rewards ranging from cash back to travel points and robust business management features.
Chase Business Credit card
These cards are built with strong features to enable business owners to transact seamlessly and meet their business needs. It also has a financially efficient management system, which simply means that entrepreneurs have nothing to fear of loss while carrying out bulk business transactions. Chase Business Credit Cards offer a variety of options tailored to suit the needs of different businesses.
Chase Ink Business Preferred® Credit Card
The Chase Ink Business Preferred® Credit Card is the cornerstone of Chase’s business card offerings. It is tailored for businesses with diverse spending needs, particularly those that incur significant expenses on travel, advertising, and communication services.
Key Features
- Sign-up Bonus: Get a whopping 100,000 bonus points after spending $8,000 in the first three months. These points are worth $1,250 when redeemed through Chase Ultimate Rewards® for travel, or can be transferred to Chase’s airline and hotel partners for even more potential value.
Rewards Rate
Earn 3X points on the first $150,000 spent each year in the following categories:
- Travel (airfare, hotels, taxis, etc.)
- Shipping purchases
- Online advertising Internet, cable, and phone services
- All other purchases earn 1X points.
Redemption Flexibility
Points can be redeemed through the Chase Ultimate Rewards portal for a 25% boost in value, or transferred 1:1 to 14+ travel partners, including United Airlines, Southwest Airlines, and Hyatt. This provides significant flexibility for businesses that frequently travel.
Comprehensive Protections: Business travel is covered with trip cancellation/interruption insurance up to $5,000 per person and $10,000 per trip. You also get cell phone protection when you pay your phone bill with the card, covering theft or damage up to $1,000 per claim.
Chase Ink Business Preferred® Credit Card Ideal For:
- Businesses with high travel or digital advertising expenses.
- Owners looking to maximize the value of points through travel and transfer partners.
- Companies that want comprehensive travel and purchase protections.
Chase Ink Business Cash® Credit Card
The Chase Ink Business Cash® Credit Card is an excellent choice for small to mid-sized businesses seeking robust rewards without an annual fee. It offers high cash-back rates in specific categories that are essential for many businesses, including office supply stores and telecommunication services.
Key Features
- Sign-up Bonus: Earn $900 bonus cash back after spending $6,000 in the first three months, which is an impressive welcome offer for a no-annual-fee card.
Rewards Rate
- 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.
- Earn 1% cash back on all other purchases with no cap.
- Employee Cards at No Extra Cost: You can issue employee cards with custom spending limits and earn rewards on their purchases without additional fees.
- No Annual Fee: This card offers solid cash back without the cost of an annual fee, making it particularly appealing to smaller businesses or startups that are watching their bottom line.
Ideal For:
- Small businesses that spend heavily on office supplies, telecommunications, or gas.
- Companies looking for a high rewards rate in select spending categories without paying an annual fee.
- Owners who want cash-back rewards that are easy to track and redeem.
Annual Fee: $0
Chase Ink Business Unlimited® Credit Card
The Chase Ink Business Unlimited® Credit Card offers a simple, flat-rate cash-back structure, making it ideal for businesses that don’t want to deal with reward categories and prefer straightforward earnings.
Key Features
- Sign-up Bonus: Earn $900 cash back after spending $6,000 in the first three months. This generous offer mirrors that of the Ink Business Cash® card.
- Rewards Rate: 5% unlimited cash back on every purchase, with no cap. This makes it a great card for businesses with a wide range of expenses that don’t fall into the traditional business spending categories.
- Simple Rewards Redemption: You can redeem cash back for statement credits, travel, or gift cards through Chase Ultimate Rewards®. Points earned can also be pooled with other Chase Ultimate Rewards cards for greater flexibility.
- No Annual Fee: Like the Ink Business Cash® card, the Ink Business Unlimited® has no annual fee, providing excellent value for businesses that prefer a simple, flat-rate card.
Ideal For
- Businesses that don’t want to track spending categories and prefer a flat-rate cash back on all purchases.
- Companies with varied spending needs that don’t fit into the specific categories offered by other business cards.
- Owners seeking a no-annual-fee card with a robust sign-up bonus and solid rewards structure.
Annual Fee: $0
Chase Ink Business Premier℠ Credit Card
The Chase Ink Business Premier℠ Credit Card is designed for large businesses or those with substantial spending needs. It offers an impressive cash-back rate on larger purchases, along with a unique, no-preset spending limit that adjusts based on the company’s spending profile and payment habits.
Key Features:
- Sign-up Bonus: Earn $1,000 cash back after spending $10,000 in the first three months.
Rewards Rate:
- Earn 5% cash back on purchases of $5,000 or more.
- Earn 2% cash back on all other purchases, ensuring your business earns rewards no matter the transaction size.
- This card provides flexible purchasing power, with spending limits that adjust dynamically based on your business’s payment behavior and spending trends.
- As with other Ink cards, this card provides robust protections like extended warranty and purchase protection, but with a higher ceiling suited for large-scale purchases.
Ideal For
- Large businesses or enterprises with significant monthly expenses.
- Companies that frequently make large-ticket purchases (e.g., bulk inventory orders, equipment purchases).
- Businesses need flexible credit limits to accommodate substantial, fluctuating expenses.
Annual Fee: $195
Maximizing Chase Ultimate Rewards® Across Cards
One of the standout benefits of Chase’s business credit cards is their integration with the Chase Ultimate Rewards program. If you have multiple Chase cards, you can combine points to maximize their value. For instance, you can use the Chase Ink Business Preferred® card to transfer points to airline and hotel partners or redeem for a 25% point boost on travel purchases.
This makes it possible for business owners to earn points through different cards but redeem them through one card with enhanced value, particularly for travel rewards.
How to Choose the Best Chase Business Credit Card for Your Company
When selecting the best Chase business credit card for your needs, it’s crucial to consider a few key factors:
- Look at your business’s largest expenses. Do you spend heavily on travel, advertising, or telecommunications? Or do you need a more generalized cash-back card that rewards you for everyday purchases?
- Would you prefer to accumulate points for travel or cash back? Chase offers both options depending on the card you select.
- While some cards, like the Ink Business Preferred®, have annual fees, others like the Ink Business Cash® and Ink Business Unlimited® do not. Consider how much value you’ll get from a card’s rewards and perks compared to its cost.
- For larger businesses with big-ticket expenses, a card like the Ink Business Premier℠ may provide the most flexibility with its higher cash-back rate on large purchases and no-preset spending limit.
Chase business credit card log in
To log in to your Chase business credit card account, follow these steps:
- Visit the Chase Website:
- Go to the official Chase website at https://www.chase.com.
- Access the Login Page:
- On the homepage, click on the “Sign in” button at the top-right corner of the screen.
- Enter Your Credentials:
- Username: Enter the username you created when you set up your Chase online account.
- Password: Enter your secure password.
- Complete the Login:
- After entering your credentials, click the “Sign in”
- Two-Factor Authentication (If Applicable):
- You may be prompted to verify your identity via a code sent to your phone or email if you have enabled two-factor authentication.
- Access Your Account:
- Once logged in, you can view your Chase business credit card details, check balances, make payments, review transactions, and manage your account settings.
Chase business credit card activation
To activate your Chase business credit card, you have two primary options: online or by phone. Here’s how to do both:
- Activate Online via Chase Website
- Step 1: Visit Chase’s activation page.
- Step 2: Log in with your Chase account username and password.
- Step 3: Once logged in, navigate to your business credit card and follow the prompts to activate it.
If you don’t have a Chase online account, you can create one by clicking “Not enrolled? Sign up now” and following the registration process.
- Activate by Phone
- Step 1: Call the activation number provided with your card. This is usually a toll-free number printed on a sticker on your new card. For most Chase cards, the number is 1-800-432-3117.
- Step 2: Follow the voice prompts, which will ask for your card number and other details to verify your identity.
- Step 3: Once verified, your card will be activated, and you can begin using it immediately.
Chase business credit card requirements
To apply for a Chase business credit card, there are several key requirements you need to meet. Here’s what you should know:
- Registered Business: You must have a registered business, which can include sole proprietorships, LLCs, corporations, or partnerships. Freelancers and independent contractors can also qualify.
- Business Name and EIN/SSN: You’ll need to provide your business’s legal name. If you have an Employer Identification Number (EIN), you should use it; however, if you’re a sole proprietor, you can use your Social Security Number (SSN).
- Business Address and Contact Information: You’ll need to provide your business address, phone number, and email.
- Personal Information
- Personal Credit History: Although it’s a business credit card, Chase will check your personal credit score and credit history as part of the application process. A good to excellent credit score (typically 670 and above) is recommended for approval.
- Personal Guarantee: As the business owner, you will likely need to provide a personal guarantee, which means you’re personally responsible for paying off the card if your business is unable to do so.
- Business Revenue and Expenses
- Annual Revenue: Chase may ask for your annual business revenue and estimated monthly expenses. While there’s no set minimum revenue requirement, these figures help determine your eligibility and credit limit.
- Time in Business: Although not always required, Chase may want to know how long your business has been operating. Even if your business is new, you can still apply, but having a few months to a year of operations may strengthen your application.
- Business Ownership
- Ownership Information: You’ll need to disclose your ownership stake in the business. Chase typically requires the primary applicant to own at least 25% of the business to apply for a business credit card.
- Authorized Users: If you want to add employee cards, you can designate additional authorized users.
- U.S. Citizenship or Residency
- You must be a U.S. citizen or permanent resident to apply for a Chase business credit card.
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