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Ink Business Unlimited Credit Card Review

Ink Business Unlimited Credit Card Review

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This article was last updated Jul 24, 2019. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

The Ink Business Unlimited℠ Credit Card is a good option for business owners looking for a cashback credit card to boost their bottom line with a $0 annual fee.

This credit card has everything that’s most appealing to companies — the chance to earn unlimited cash back at a flat rate, a nice sign-up bonus and good intro purchase and balance transfer APRs. Plus, there’s flexibility in how you can redeem the cash back you earn on the card.

Businesses need credit cards to manage their expenses and operations. We’ll explore what you get with the Ink Business Unlimited℠ Credit Card, and we’ll compare it to what’s offered by the American Express® Blue Business Cash Card, a card that could be a solid alternative.

Where the Ink Business Unlimited℠ Credit Card stands out

  • Earn $500 bonus cash back

  • Earn unlimited 1.5% cash back on every purchase

  • No annual fee and 0% intro APR for 12 months on purchases

Highlights
  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase made for your business
  • 0% introductory APR for 12 months on purchases
  • Employee cards at no additional cost
  • No Annual Fee

See additional details for Ink Business Unlimited℠ Credit Card

More Info

Flat rewards rate. Earn unlimited 1.5% cash back on every purchase made for your business. Because of this card’s flat rate, you can focus on running your business, rather than trying to remember which spending categories earn higher cashback rates.

Favorable intro APRs. The card has a purchase intro APR of 0% for 12 Months (after, 15.24% - 21.24% Variable APR).

Redemption flexibility. The cash back you earn on the Ink Business Unlimited℠ Credit Card can be used for cash, gift cards and products or services for your business at the Chase Ultimate Rewards® website. Your rewards are also good at Amazon.com, including taxes and shipping.

Combine your rewards. If you have one of three other Chase cards — Ink Business Preferred℠ Credit Card, Chase Sapphire Preferred® Card or Chase Sapphire Reserve® — you can combine the rewards you earn on them with the cash back earned on the Ink Business Unlimited℠ Credit Card. Convert your cash back into points and use those combined rewards to receive more value when you use them for travel on the Chase Ultimate Rewards website.

You’re protected. If your business has you on the road regularly, the card has you covered with travel and emergency assistance services, auto rental collision damage waiver and roadside dispatch. It also comes with purchase protection and an extended warranty.

Free employee cards. You can add your employees as authorized users that can help your businesses’ cash back rewards grow faster.

Where the Ink Business Unlimited℠ Credit Card falls short

Limited sign-up bonus. Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. The spend required to earn this card’s bonus is pretty steep compared to other cashback cards, so make sure you’re able to pay it off quickly.

Lower rewards. There are competing no-annual-fee business credit cards — including the Ink Business Cash℠ Credit Card, The Blue Business® Plus Credit Card from American Express or the Bank of America® Business Advantage Cash Rewards Mastercard® credit card — that offer higher cashback rewards in spending categories important to businesses.

Meager travel perks. Some businesses might want more travel insurance benefits, such as trip delay, trip interruption or lost baggage.

Pay the fees. Every time you swipe this card outside of the U.S., it will cost you 3% of each transaction in U.S. dollars. And a balance transfer will cost you Either $5 or 5% of the amount of each transfer, whichever is greater..

Ink Business Unlimited℠ Credit Card American Express® Blue Business Cash Card
Annual fee $0 No annual fee
Regular purchase APR 15.24% - 21.24% Variable 14.99% - 20.99% Variable
Rewards Earn unlimited 1.5% cash back on every purchase made for your business Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%
Welcome offer Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. N/A
Foreign transaction fee 3% of each transaction in U.S. dollars. 2.7% of each transaction after conversion to US dollars.

Compare it with the American Express® Blue Business Cash Card

  • 0% for 12 months

  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%

  • 14.99% - 20.99% Variable

Highlights
  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power§.
  • Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, 14.99%, 17.99%, or 20.99%, based on your creditworthiness and other factors as determined at the time of account opening.

See additional details for American Express® Blue Business Cash Card

More Info

If you’re looking for a splashy offer to lure you in, you won’t find one with the American Express® Blue Business Cash Card. Instead, it offers a simple rewards structure with no bonus spend categories. Cardholders earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%.

The American Express® Blue Business Cash Card comes with an intro APR on purchases of 0% for 12 months (then 14.99% - 20.99% Variable) — which is the same as the Ink Business Unlimited℠ Credit Card. However, unlike the Ink Business Unlimited℠ Credit Card, the American Express® Blue Business Cash Card also offers an intro APR on balance transfers of 0% for 12 months (then 14.99% - 20.99% Variable). If you’re planning to transfer a balance from a different credit card, you’ll be better off with the American Express® Blue Business Cash Card.

Additionally, the American Express® Blue Business Cash Card allows card members to spend above the set spending limit and still earn cash back, with no fees. However, this benefit isn’t unlimited and will take card use, payment history, credit record, financial resources and other factors into consideration to determine how much more spending above your credit limit will be allowed on the card.

The American Express® Blue Business Cash Card comes with a variety of perks, including car rental loss and damage insurance, the Global Assist® Hotline, extended warranty, purchase protection, dispute resolution and Amex Offers for shopping, dining, travel, and more. But you will pay a foreign transaction fee of 2.7% of each transaction after conversion to US dollars..

The American Express® Blue Business Cash Card not only offers free employee credit cards, but it also comes with these business tools: a designated account manager; the American Express® Business App that lets you add receipts and notes to your transactions either via desktop or your mobile device; the ability to link you card to your QuickBooks account; set account alerts; and receive a year-end spending report. The only business tool the Ink Business Unlimited℠ Credit Card offers are free employee credit cards.

The bottom line

Before deciding which of these two business credit cards are best for your company, you need to ask the following questions:

  • Are business-friendly spending categories rewarded with higher cash back?
  • How many ways can cashback rewards be redeemed?
  • Does the card come with intro purchase and balance transfer APRs?
  • How many employee cards can you get and how much will they cost?
  • What travel and purchase protections come with the card?
  • Does it charge a foreign transaction fee?

Both cards come with no annual fee. The Ink Business Unlimited℠ Credit Card comes with a flat cashback rate with no limits on what you can earn, while the American Express® Blue Business Cash Card has a spending cap on the 2% cash back rewards rate.

The American Express® Blue Business Cash Card packs a pretty big punch when compared with the Ink Business Unlimited℠ Credit Card, thanks to its higher cashback rewards rate on the first $50,000 spent each calendar year and great tools to help you manage your business. But the Ink Business Unlimited℠ Credit Card gives you more options in redeeming your cash back.

If you want a card with unlimited cash back at a flat rate, flexible ways to redeem rewards and some travel and purchase perks, then go with the Ink Business Unlimited℠ Credit Card. But if you want to transfer a credit card balance, have access to more business management tools or don’t mind plowing your cash back right into your business, then the American Express® Blue Business Cash Card is the card for you.

Read our roundup of the Best Small Business Credit Cards.


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