The *Ink Unlimited* and the *Ink Cash* are two of the best no-annual-fee business credit cards on the market. Better yet, you can currently earn $1,000 cash back after spending $8,000 in the first four months with either card.
While $1,000 is certainly nothing to scoff at, it gets even better if you’ve got a Chase Sapphire or *chase ink preferred* in your wallet. With any one of those cards, you can turn that big bonus into 100,000 ultra-valuable Chase Ultimate Rewards points – and potentially much greater value by kicking them over to one of Chase’s transfer partners like Hyatt, United, Air Canada Aeroplan, and many more.
If you’re a small business owner (and trust us, you just might be), these cards and their massive bonuses warrant a good, hard look. So long as you can responsibly meet either card’s $8,000 spending requirement, you won’t find a better or cheaper way to earn a big bonus.
But remember: whether it’s a personal card or a small-business card, credit cards are serious business. You should never apply for a credit card unless you can afford to pay off every dime you charge.
Read on for everything you need to know about the Ink Unlimited and Ink Cash cards.
Learn more about the *chase ink unlimited*.
Learn more about the *chase ink cash*.
Who Can Apply for Business Credit Cards?
Before we get into the nitty-gritty of what makes these cards perfect for small business owners, it’s important to lay the foundation for who is actually eligible to open a business card.
To open a business credit card, you don’t need a full-time business with employees or six-figure revenues.
Do you have any income from freelance work, or plans to start freelance work? You have a business. Have you ever sold an item on eBay, Facebook Marketplace, Etsy, or other platforms, or have plans to do so in the future? You have a business.
At the end of the day, if you are selling any goods or services, or contracting with a company to do so in an attempt to make a profit, you have a small business and thus are typically eligible to apply for a small business credit card. That makes it possible for just about anybody to apply for a business credit card.
Just keep in mind: You should never lie or attempt to mislead a bank when applying for a business credit card. It’s important to have a legitimate business, even if it’s a small one.
Read more: You Might Be Eligible for Business Credit Cards & Not Know It
Chase Ink Business Unlimited® Credit Card
Racking up points in a hurry is easy with the Ink Unlimited, as you’ll earn 1.5% cash back (or 1.5x Ultimate Rewards points) on every dollar you spend.
When you factor in the ability to earn 1.5% cash back on the $8,000 you’ll need to spend to earn the $1,000 bonus, you’ll end up with $1,120 (or better yet, 112,000 points) when all is said and done. That’s as big a bonus as you’ll find on a card that doesn’t charge an annual fee.
Even though this card is marketed as a cashback card rather than a points-earning card, the cashback is actually earned as Chase Ultimate Rewards points. If you also hold a personal or business credit card that earns Ultimate Rewards points, like the *chase sapphire preferred* or the *Sapphire Reserve for Business*, you can move the “points” over from your Ink Business Unlimited for even more redemption options.
Full Benefits of the Chase Ink Business Unlimited Credit Card
- Welcome Offer: *Ink Unlimited Bonus*
- Earn unlimited 1.5% cashback (1.5x points) on all business purchases
- Earn 5% cashback (5x points) on Lyft rides through September 2027
- Primary rental car collision and damage waiver coverage
- Lost luggage insurance of up to $3,000 per person per trip
- Add employee cards at no additional cost
- Foreign Transaction Fee: foreign_transaction_fee
- Annual Fee: annual_fees
Learn more about the *chase ink unlimited*.
Chase Ink Business Cash® Credit Card
With the Ink Business Cash, you’ll earn a whopping 5% cashback (5x points) on office supply purchases; internet, phone, and cable service charges (up to $25,000 in combined spending each account anniversary year). You’ll also earn 2% cashback (2x points) at restaurants and gas stations (up to $25,000 in combined spending each account anniversary year), and all other eligible purchases earn unlimited 1% cashback (1x points).
Much like the Ink Unlimited card, the Chase Ink Business Cash doesn’t earn points outright. But so long as you’ve already got another Chase card that earns Ultimate Rewards in your wallet, you can turn that cashback into points to use for booking travel.
That means you can turn the $1,000 cashback into 100,000 Chase Ultimate Rewards points, and send them over to Chase transfer partners to book flights and hotels … or book travel directly through the Chase Travel℠ portal.
Full Benefits of the Chase Ink Business Cash Credit Card
- Welcome Offer: *ink cash bonus*
- Earn 5% cashback (5x points) on office supply purchases; internet, phone, and cable service charges (up to $25,000 in combined spending each account anniversary year).
- Earn 2% cashback (2x points) at restaurants and gas stations (up to $25,000 in combined spending each account anniversary year).
- Earn 1% cashback (1x points) on all other eligible spending
- Primary rental car collision and damage waiver coverage
- Lost luggage insurance of up to $3,000 per person per trip
- Add employee cards at no additional cost
- Foreign Transaction Fee: foreign_transaction_fee
- Annual Fee: annual_fees
Learn more about the *Ink Cash*.
How to Redeem Chase Ultimate Rewards Points
While this bonus is obviously worth $1,000 in cold hard cash … the real magic happens when you convert it to Chase Ultimate Rewards and redeem those points for travel. So, what can 100,000 points get you? In two words: A lot.
The beauty of Chase points is just how valuable – and flexible – they are.
By leveraging Chase transfer partners and sending these points to airlines like Air Canada Aeroplan, United, Iberia, British Airways, or even hotel chains like Hyatt, you can easily redeem them for flights and hotels that would have otherwise cost you thousands of dollars.
Here’s a quick list of some of the best ways you could redeem this big 100,000-point bonus.
This list is just the start! Read our full guide on the best ways to redeem Chase points!
3 (or More!) Roundtrip Tickets to Hawaii
You can book three or more round-trip tickets to Hawaii with a big Chase points bonus. So much for Hawaii being an expensive place to get to, right?
This is where turning to Chase transfer partners really shines, as you have several options to book round-trip flights to the Hawaiian islands for about 40,000 points each – or much less.
If you time it right, you can even get to Hawaii for just 13,000 Southwest Rapid Rewards points, as with this round-trip flight from Los Angeles (LAX) to Honolulu (HNL). And because Chase points transfer to Southwest on a 1:1 basis, 13,000 Chase points is all you need.
There are some other great ways to get to Hawaii using points. For years, British Airways was at the top of the list, charging just 26,000 Avios to book roundtrip flights from the West Coast to Hawaii on American or Alaska Airlines. A handful of devaluations later, those exact same flights now cost 40,000 Avios total.
But there’s a workaround you can use to book those same flights for less. Because they all share Avios as a mileage currency, you can transfer Avios between British Airways, Iberia, Aer Lingus, Qatar Airways, and even Finnair. That means you can transfer Chase points to British Airways … then kick them over to Finnair.
Why the extra step? Because you can book American-operated flights to and from Hawaii for 15,000 Avios each way.
Best of all, you can even book flights with connections at these same rates – a huge advantage over redeeming miles through British Airways or even Qatar Airways, which require you to book shorter nonstop flights from the West Coast in order to get the best deal.
The hitch with using Finnair Avios is that you’ll need to call or chat with the airline to book these deals.
Read our full guide to booking flights with Finnair Avios!
A Trip for 3 to Europe – Or 1 in Business Class
“European vacation” and “cheap” generally don’t go well together. But you could use some Chase points and make it a reality – and even fly in style.
Again, you’ll want to transfer your Chase points. This time, you’re going to send them to Iberia – the Spanish airline offering some of the lowest rates to get to Europe and back, even after a recent increase. Business class will set you back as few as 40,500 miles each way.
Chase points transfer to Iberia on a 1:1 basis. That means 32,000 Chase points gets you 32,000 Iberia Avios – or maybe even more if you time it right with a transfer bonus to Iberia or one of its partner airlines.
And those numbers aren’t random. Using Iberia, you can fly from Boston (BOS), New York City-JFK (JFK), Washington, D.C.-Dulles (IAD), or Chicago-O’Hare to Madrid (Madrid) for as low as 32,000 miles roundtrip in economy.
Traveling solo – or feeling selfish? Why not use those points to fly business class to Spain instead? You can do it for just 81,000 miles roundtrip! That’s less than most airlines charge for a one-way business class ticket.
And with Iberia business class, you’re in for a treat. The seats are plenty spacious and recline all the way into a comfortable bed, and the food is tasty.
But if you time it right, you can multiply your points by taking advantage of a transfer bonus. Chase regularly offers a big bonus on transfers to Iberia, as well as British Airways and Aer Lingus. With a 20% bonus, for example, you’d have more than enough points for three one-way flights … in business class.
Considering these flights typically cost $4,000 or more when paying cash, it’s a phenomenal way to use Chase points. And with a Thrifty Traveler Premium alert like this one, it’s fairly easy to book … so long as you have the points.
Read our step-by-step guide on how to book Iberia business class!
Book Free Hotel Nights with Hyatt
It’s not just flights: You can book hotels using this 100,000-point bonus, too. And with Chase points, you’ve got an ace in the hole with Hyatt. With free nights starting as low as just 3,500 points per night, World of Hyatt is easily the most valuable hotel loyalty program … and it’s not even close.
Depending on which Chase Ultimate Rewards-earning card you hold in addition to one of these Ink Cards, your points transfer at different ratios.
If you’ve got Chase’s flagship Sapphire Reserve or the Sapphire Reserve for Business, you’ll get a clean 1:1 ratio – 1,000 Chase points gets you 1,000 Hyatt points. Meanwhile, Chase added insult to injury by moving Hyatt transfers to a new 4:3 ratio for those with the Sapphire Preferred and the Ink Business Preferred.
With all that in mind, 100,000 points are still enough to:
- Cover 21 nights (or more) at the cheapest Hyatt properties!
- Book a few nights at one of the 100-plus excellent all-inclusive resorts like the Hyatt Ziva Puerto Vallarta or the Hyatt Ziva Riviera Cancún
- Book a few nights at a posh Park Hyatt property close to home or abroad – some like the Park Hyatt Siem Reap in Cambodia are bookable for just 15,000 points per night!
- Get two nights with your own villa in Bali (complete with a private pool!) at the Alila Villas Uluwatu
Which Chase Ink Card is Best?
That’s a tough one. There’s no one-size-fits-all answer: It really depends on your small business’s spending patterns.
If you’re paying serious dollars every month for telecommunications or office supplies for your business, the Chase Ink Business Cash card’s 5% cashback (5x points) on internet, cable, and phone service, and at office supply stores, is second to none.
Meanwhile, the Chase Ink Business Unlimited is about as good an all-around spending card as you’ll find – especially for having no annual fee. If none of the spending categories above stick out, but you’ll still be racking up some serious business expenses, earning 1.5% cashback (1.5x points) on all purchases is a stellar return.
Keep in mind: Chase doesn’t restrict you from having both cards, so that’s an option.
Read next: Which Chase Ink card offers the best return for your business?
Special Considerations with Chase Ink Business Cards
If you’ve applied for or read about Chase credit cards, you’ve likely come across the bank’s dreaded 5/24 rule.
Chase won’t accept applications if you’ve opened five or more cards in the last 24 months from any bank – not just Chase. With business cards, that same rule applies … kind of.
For starters, you will need to be under the 5/24 limit to get approved for a Chase Ink Business card … but that approval won’t add to your 5/24 count. So if you’ve opened three or four credit cards in the last two years, it might be the perfect time to apply for one of these cards. That way, it won’t hinder any applications for other future Chase cards.
And there’s one other detail that makes these cards even more alluring: You can stack welcome bonuses from several of these cards so long as you can get approved.
But Chase can be very stingy with approvals for business credit cards. Be prepared to provide business paperwork and answer a lot of questions – though that won’t always be the case.
Read our master guide to credit card applications.
Bottom Line
Chase is out with big, limited-time bonus offers of $1,000 cashback on both the Ink Business Unlimited and Ink Business Cash cards after spending $8,000 in the first four months. With a Chase Sapphire or Ink Business Preferred Card in your wallet, you can turn that cash bonus into 100,000 ultra-valuable Chase Ultimate Rewards and redeem them for some really amazing travel.
If either card makes sense for you – and they likely do – you’ll be hard-pressed to find better bonus offers than these.
Learn more about the *chase ink unlimited*.
Learn more about the *chase ink cash*.
