By Mark Leonard
Last month, Chase announced a new business card: Chase Ink Business Unlimited. The first email campaign for the new product has now begun to hit the inboxes of small business owners.
Featuring no annual fee and 1.5% cash back on every purchase, the card finds a nice middle ground between the Ink Business Preferred card and the Ink Business Cash card:
| Product | Annual Fee | Rewards Rate | Sign-On Bonus |
|---|---|---|---|
| Ink Business Preferred | $95 | 3 points per $1 on the first $150,000 spent in combined purchases each anniversary year in select categories: travel, shipping, internet/cable/phone, and advertising purchase. 1 point per $1 on all other purchases | 80,000 bonus points when you spend $5,000 on purchases in the first 3 months from account opening. |
| NEW: Ink Business Unlimited | $0 | 1.5% cash back on every purchase. | $500 cash back after you spend $3,000 on purchases in the first 3 months after account opening. |
| Ink Business Card | $0 | 5% cash back on the first $25,000 spent in combined purchases at office supply stores and for internet, cable and phone services each account anniversary year. 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 1% cash back on all other purchases. | $300 cash back after you spend $3,000 on purchases in the first 3 months from account opening. |
Competiscan is closely monitoring the rollout of this product to ensure all related marketing is available to our valued clients. For additional information related to business credit cards, keep up with our quarterly Small Business Credit Cards Overview. A valid Competiscan username and password is required to access this report.
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