Chase Business Credit Cards: Quick Facts and How to Apply

Anisha Sekar

Anisha Sekar

Credit Card Specialist at Fundera
Anisha Sekar is a personal finance expert who led NerdWallet's credit and debit card business. She has written for U.S. News and Marketwatch, and featured in Time, NPR's Marketplace, CNN, and more. She currently writes about everything from getting out of debt, to saving for retirement, to finding affordable health insurance.
Anisha Sekar
Advertiser Disclosure

Editor’s Note: American Express is a partner of Fundera.

Whether you’re a business traveler or a small business owner looking for cash back on everyday purchases, Chase has something for you.

Their offers range from the versatile Ink Cash to the frequent flyer-friendly Ink Plus. We’re reviewing Chase business credit cards to help you decide which one is right for you.

Ink Business CashSM Credit Card

The Ink Business CashSM offers simplicity and great rewards on typical office purchases.

To kick things off, there’s a $300 cash back bonus if you spend $3,000 in the first 3 months after opening the account.

This Chase business credit card earns:

  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services spent annually.
  • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants spent annually.
  • 1% cash back everywhere else.

Your cash back rewards are given in a lump sum every account anniversary year, so you’ll get your rewards all at once, rather than as you spend.

As far as the Chase business credit cards go, it’s light on fees—no annual or additional employee card fees and 0% intro APR on balance transfers and purchases for the first 12 months (there is a 5% balance transfer fee though).

The card also comes with purchase and warranty protection, plus travel perks like lost baggage reimbursement and auto rental insurance.

Get this Chase business credit card if:

  • Your business spends a lot on the card’s 5% cash back categories.
  • You want the simplicity of a no annual fee, cash back card.
  • You want to make a big purchase and pay it off over time with the card’s yearlong 0% APR period.

Skip this card if:

chase-business-credit-cards

Ink Business PreferredSM Credit Card

Next up for Chase business credit cards is the Ink Business PreferredSM. This card is a luxury card ideal for business travelers.

To start, the card offers 80,000 Chase Ultimate Rewards Points when you spend $5,000 in the first three months of cardmembership. Ultimate Rewards Points are worth 1.25 cents apiece if you redeem through travel booked through Chase, but if you strategically transfer your points to Chase’s airline and hotel partners, you can redeem at 5 cents per point or more.

Those 80,000 points are worth $1,000 of travel booked through Chase—but could potentially be worth much more.

In addition, the card offers 3 Ultimate Rewards Points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services, and on advertising purchases made with social media sites and search engines. And you get 1 point per $1 spent elsewhere. Those points are awarded on the account anniversary.

The account anniversary is a bit more salient here than with other Chase business credit cards—the Ink Business Preferred has a $95 annual fee, so to get the rewards you’ve earned the previous year, you’ll need to keep the account open.

However, there’s no foreign transaction or additional employee card fee. The card also comes with the same extended warranty, purchase protection, and travel perks as the Ink Cash, including auto rental insurance and trip cancellation or interruption insurance.

Get this Chase business credit card if:

  • You can hit the $5,000 spending threshold to secure a great signup bonus.
  • You travel often for business.
  • You’re willing to put in the work to strategically transfer points at maximum value.

Skip the card if:

  • You only need one card (the Chase Sapphire ReserveSM is a consumer credit card but offers some pretty great travel perks).
  • You’re planning on carrying a balance on the card (you’ll likely pay more in interest than you’ll earn in rewards).

Partner Chase Business Credit Cards

Chase business credit cards come with three co-branded options: the Southwest Rapid Rewards® Premier Business credit card, the United MileagePlus® Explorer Business card, and the Marriott Rewards® Premier Business credit card.

Generally speaking, those cards are only worthwhile if you fly the partner airline or stay at the partner hotel, so we’ll do a quick rundown of what makes each card special:

  • Southwest Rapid Rewards® Premier Business: High signup bonus, which counts toward a Southwest companion ticket.
  • United MileagePlus® Explorer Business: One free checked bag for you and a companion, plus two United Club passes each year.
  • Marriott Rewards® Premier Business: Annual free night stay and Marriott Gold Elite status when you spend $50,000 each account year.

How to Apply to These Chase Business Credit Cards

To apply for one of the Chase business credit cards, you need basic information about your company including the tax identification number, annual sales and revenue, and headcount.

If you’re an early-stage business that doesn’t yet have revenue or a proven track record, you can also apply using your personal information, income, and FICO score.

This does carry some risk, though—the card is in your name, and some banks will report business credit card activity to consumer credit bureaus.

If you miss payments, default, or have a high debt-to-credit ratio, your own credit score might suffer.

With Chase business credit cards specifically, you get some more leeway: The bank reports business credit card activity to commercial credit bureaus but doesn’t report to consumer bureaus unless the account is seriously delinquent.

With cards for cash back hounds and business travelers alike, Chase business credit cards have a lot to offer—and as an extra benefit, they’re more lenient about reporting to consumer credit bureaus.

chase-business-credit-cards

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
Anisha Sekar

Anisha Sekar

Credit Card Specialist at Fundera
Anisha Sekar is a personal finance expert who led NerdWallet's credit and debit card business. She has written for U.S. News and Marketwatch, and featured in Time, NPR's Marketplace, CNN, and more. She currently writes about everything from getting out of debt, to saving for retirement, to finding affordable health insurance.
Anisha Sekar

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