Chase Ink Unlimited Review 2023 (Top Business Card)

If you’re an entrepreneur who’d rather focus on their business than stress about their credit card rewards, check out the Ink Business Unlimited® credit card from Chase. This gem keeps things refreshingly simple.

For a $0 annual fee, you’ll get 1.5% cashback on every single purchase you make. You can also get a sign-up bonus of $750 when you spend $6,000 on purchases within the first three months of account opening.

Sound like your cup of tea? Read along to see if this is the right pick for you—

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Chase Ink Unlimited: Quick Glance

Full name: Chase Ink Business Unlimited® Credit Card

Best for: Smaller business owners who don’t want to worry about whether their rewards are being maximized

Issuer: Chase

Required credit score: Good to excellent (690+)

What is the Chase Ink Unlimited Card?

The Ink Business Unlimited card is the bee’s knees for small businesses.

This no-annual-fee credit card has a simple rewards system: 1.5% cashback on all purchases. 

This way, you can earn cashback on business expenses in categories that rarely earn bonuses.

Since it’s tailor-made for small businesses, freelancers and sole proprietors have a better shot at snagging this card.

Here’s a pro tip: Pair the Chase Ink Unlimited card with another Ultimate Rewards card to maximize its value.

How Does the Chase Ink Unlimited Work?

The Ink Business Unlimited card is a treasure trove of perks for new cardholders. 

It starts with a 0% APR on purchases for the first 12 months, followed by a variable APR of 18.24%–24.24%. Balance transfers have a fee of $5 or 5% of the transfer amount. 

But the best part is the $750 bonus cash back when you spend $6,000 in the first three months. 

And that’s not all—you get auto rental collision damage insurance, extended warranty protection, and employee cards at no extra cost.

How to earn rewards with the Ink Business Unlimited

The Ink Business Unlimited card earns you a straight 1.5% cashback on all purchases—so there’s no need to stress about rotating categories or bonus tricks. 

But the same rewards rate can be this card’s biggest disadvantage. 

For instance, if you’re using this card for airfare, you’re missing out on up to 5x points per dollar that the fancy Chase Sapphire Reserve offers.

The same goes for office supplies and internet bills. If you were using the Ink Business Cash card, you’d get a hefty 5% back on office supplies, internet, cable, phone, and landline services (as well as 2% back on gas and restaurants).

How to redeem rewards with the Ink Business Unlimited

When it comes to cashing in on your rewards, you’ve got a few options: cash, gift cards, travel experiences, or cool stuff from Chase’s rewards program. 

If you opt for the cash route, you can get your rewards credited to your statement or whisked into your US checking or savings account. 

Every point you redeem for cash, gift cards, or travel is worth a cent.

Not excited yet?

There’s a way you can supercharge your redemption game and get a 3% effective return. 

All you have to do is transfer your points to top-notch Ultimate Rewards personal or business cards like the Ink Business Preferred Credit Card, Chase Sapphire Preferred Card, or Chase Sapphire Reserve. 

But remember—the other card needs to be in your name, the owner of your company, or a member of your family to qualify for the point transfer.

Chase Ink Unlimited: Rating

Here’s our quick Chase Ink Unlimited review and overall rating:

Chase Ink Unlimited Fees & Rates

Here are all the key fees you should consider before getting your hands on this credit card:

Chase Ink Unlimited: Pros and Cons

Here’s a quick glance at all the pros and cons of getting this credit card:

Pros

Cons

Pros—why we like it

No annual fee

This card has no annual fee, making it an excellent choice for companies with a small budget.

Sizeable sign-up bonus

You earn $750 in bonus cash after spending $6,000 on purchases during the first three months of account opening. That’s an impressive cash incentive for a card with no annual fee.

Easy-to-understand rewards

You won’t need to worry about spending categories—it’s a flat rate of 1.5 points per dollar spent. You can redeem your points for cash back, valued at 1 cent per point, as a statement credit or direct deposit. 

This system rewards program also lets you exchange points for gift cards, book travel through Chase Ultimate Rewards, or use them for Amazon purchases.

Ability to pair with higher-tier Chase cards for travel rewards

Chase Ultimate Rewards® points are typically valued at around one cent each. However, top cashback cards from Chase can boost their value when used for travel bookings through Chase: 

• The Ink Business Preferred® card: 1.25 cents per point.
• Chase Sapphire Preferred® Card: 1.25 cents per point.
• Chase Sapphire Reserve®: 1.5 cents. 

Although the Ink Business Unlimited® credit card doesn’t qualify for these enhancements, transferring points to one of the other cards will give you better rewards rates when redeeming for travel. 

Plus, these special cards offer 1:1 transfers to loyalty programs like United Airlines, British Airways, and Marriott—potentially increasing rewards even further.

Intro APR for purchases

This card offers a 0% intro APR for 12 months on purchases, which is rare for business cards, even those with annual fees. Usually, intro APR offers on business cards last for only six to nine months. 

Additional benefits

Here are more benefits the Ink Business Unlimited card can fetch you:

• Purchase protection on new purchases for up to 120 days against damage or theft (up to $10,000 per claim and $50,000 per year).
• Extended warranty protection on a US manufacturer’s warranty by an additional year.
• Primary rental car coverage when renting for business purposes, in the US and abroad.
• No fee for employee cards.

Business credit cards come with tons of features. But an important one is free employee cards. This lets you add employees who will need to book their own travel or buy supplies through your credit card account.

Cons—what to consider

No spending categories

If you tend to spend more in specific areas like travel or office supplies, you might want to consider a card that gives higher rewards for those categories. 

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Foreign transaction fees

The 3% foreign transaction fee isn’t ideal for globetrotters. 

If you are one of them, opt for a business travel rewards card like the American Express Business Platinum Card that doesn’t slap you with any foreign transaction fees.

That way, you can enjoy your international adventures without worrying about extra charges eating into your travel budget.

Chase Ink Unlimited Comparison With Other Credit Cards

Here’s how the Chase Ink Unlimited card compares to other top business credit cards:

Chase Ink Business Cash vs. Chase Ink Business Unlimited vs. Chase Ink Business Preferred

Chase has two other business credit cards for small businesses. 

Here’s how the Business Unlimited card fares against Chase’s other two offerings:

Chase Ink Unlimited: Useful Links

Chase Ink Unlimited Reviews

Here are some mixed but insightful customer reviews about the Chase Ink Unlimited card:

“The Chase Ink Business Unlimited is an absolutely phenomenal credit card if you’re eligible. The card has a great welcome bonus, has no annual fee, and is the best Chase card for everyday business spending for those in the Chase Ultimate Rewards ecosystem.”

“Although I have several Chase accounts and a 700+ credit score, I was denied because my business was too new.”

Is the Chase Ink Unlimited Good for Me?

Still wondering if this credit card is the right fit for you? 

For entrepreneurs seeking a hassle-free credit card experience, the Ink Business Unlimited® card’s simplicity is a match made in business heaven. 

You can say goodbye to complicated bonus category terms that make your head spin. 

Plus, this card has some fantastic perks up its sleeve. Not only does it offer a generous sign-up bonus, but it also gives you an introductory 0% APR period on purchases. 

That means you can make those big-ticket purchases you’ve been eyeing and take your time paying them off. 

Check out the American Express Business Platinum card. You’ll bag 5x points on flights and prepaid hotels, plus 1x points on all other eligible purchases.