Chase Ink Business Unlimited® Review 2022
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
The Chase Ink Business Unlimited® card is an excellent cash back credit card with no annual fee that offers unlimited fixed-rate cash back rewards on all purchases. This small business credit card offers other features like purchase protection, travel assistance services, and extended warranty protection. It also lets you add employee cards at no additional cost.
Ink Business Unlimited® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
13.99% - 19.99% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
13.99% - 19.99% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Do you want to compare the features of one card to another? We’ve made it easy for you to do that—check off up to three cards on this page to add them to your cart. This will allow you to view the details in a side-by-side comparison.
How We Evaluate Cash Back Business Credit Cards
When grading cash back business credit cards like the Chase Ink Business Unlimited®, we consider ongoing rewards first and introductory rewards as the second biggest factor. We also look at the annual fee, introductory and ongoing annual percentage rates (APRs), and card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 20 | 30 |
Introductory Rewards | 20 | 20 |
Annual Fee | 15 | 15 |
Additional Features | 10 | 15 |
Introductory APR | 10 | 10 |
Ongoing APR | 10 | 10 |
Total Score | 85 | 100 |
Who the Chase Ink Business Unlimited® Is Best For
- Business owners who want a fixed-rate rewards card: The Chase Ink Business Unlimited® card is best for business owners who wish to earn unlimited fixed-rate cash back rewards on all spending without having to pay an annual fee.
- Business owners who have other Chase credit cards: Chase allows you to transfer your Chase Ink Business Unlimited® rewards to another Chase personal or business credit card within the Ultimate Rewards program to receive a higher redemption value when booking travel.
- New business owners: This is a great card if you’re starting a new business and you’re on a tight budget, as it gives you 1.5% cash back on any business purchase, an introductory APR of 0% for the first 12 months, and a low regular APR of 13.99%. It’s no surprise that Chase Ink Business Unlimited® card is our choice for the best credit card for new businesses with no credit history and best overall small business credit card.
Chase Ink Business Unlimited® Fees
- Introductory APR: 0% APR on purchases for the first 12 months after opening an account
- Ongoing APR: 13.99% to 19.99% variable, adjustable based on the prime rate
- Balance transfer APR: 13.99% to 19.99% variable, flexible based on the prime rate
- Cash advance APR: 25.74%, adjustable based on the prime rate
- Minimum interest charge: None
- Grace period: 20 days, lasting from the end of every billing cycle until the payment due date
- Annual fee: None
- Balance transfer fee: Either 5% of the amount of the transfer or $5, whichever is greater
- Cash advance fee: 5% of the advance or $15, whichever is greater
- Foreign transaction fee: 3% for purchases made outside of the United States, charged in United States dollars
- Late payment fees: $40
- Return payment fees: $40
Chase Ink Business Unlimited® Rewards
- Unlimited 1.5% cash back rewards on all business-related purchases
Welcome offer: $750 bonus cash back after spending $7,500 on purchases during the first three months after opening an account.
You can redeem your cash rewards, gift cards, and travel through Chase Ultimate Rewards®. When redeeming points at checkout on Amazon, each point is worth $0.008, which means that 100 points equal $0.80 in redemption value. In addition, you can also earn 1 to 15 bonus points per $1 spent at more than 450 stores with Shop through Chase®. Finally, you can transfer your points to any of Chase’s airline and hotel partners at full 1:1 value with select cards.
You can increase your redemption value by transferring rewards to another Chase card that’s part of the Ultimate Rewards program. For example, if you transfer your Chase Ink Business Unlimited® rewards to your Chase Sapphire Preferred® personal card, each point is worth 1.25 cents when redeemed for travel. On the other hand, if you book your travel with the Chase Sapphire Reserve®, you can get a value of 1.5 cents per point.
How This Works: After spending $10,000 worth of goods using your Chase Ink Business Unlimited® card, you earn $150 cash back. This $150 cash back will then be transferred to an active Chase Sapphire Preferred® card, becoming $187.50, which will then be used towards travel. On the other hand, if the $150 cash back is transferred to a Chase Sapphire Reserve® card, this becomes $225 cash back, which then you’ll also be able to use for travel.
How to Make Payments on the Chase Ink Business Unlimited®
- Mobile app: You can make your payments through the Chase mobile app, which is available on the App Store and Google Play.
- Phone: Call (800) 436-7958 to make a credit card payment.
- Online: Log in to your online account at chase.com.
- Through the branch: You can go to the nearest Chase branch during normal business hours to pay your credit card bills.
- Mail: You can send either a check or money order to the following address:
Cardmember Services
PO Box 6294 Carol Stream
IL 60197-6294
Chase Ink Business Unlimited® Additional Features
Auto Rental Collision Damage Coverage
To get auto rental collision damage coverage with the Chase Ink Business Unlimited® card, you’ll need to decline the rental company’s collision insurance and charge the entire rental cost to your card. This coverage is activated when the rental vehicle is used for business purposes. You’ll be reimbursed up to the actual cash value of the vehicle in the event of theft or collision damage, both in the US and abroad.
Purchase Protection
Chase covers new purchases made with the Chase Ink Business Unlimited® card against either damage or theft for up to $10,000 per claim and $50,000 per account for 120 days.
Travel and Emergency Assistance Services
Chase will provide travel, emergency, medical, and legal assistance 24 hours a day to cardholders, spouses, and dependent children aged 22 years or younger. As with many small business credit cards, this is mostly a concierge service. The cardholder is responsible for the cost of any assistance.
Extended Warranty Protection
When you use your Chase Ink Business Unlimited® card to make a purchase, you can extend the US manufacturer’s warranty by an additional year on eligible warranties of three years or less.
Pros & Cons of the Chase Ink Business Unlimited®
| PROS | CONS |
|---|---|
| 0% introductory APR on purchases: With Chase Ink Business Unlimited®, you’ll enjoy a 0% APR on purchases for the first 12 months after opening an account. This is a big plus if you need to make a large purchase, as you’ll pay no interest if you pay off your balance within a year. | Introductory APR period doesn’t apply to balance transfers: The 0% APR for the first 12 months only applies to purchases, not balance transfers. |
| Unlimited cash back rewards on all purchases: The Chase Ink Business Unlimited® card offers unlimited 1.5% cash back on all purchases, regardless of spending categories. This is an excellent option for those who want to earn fixed cash back rewards without having to keep track of spending categories. | 5% balance transfer fee: The Chase Ink Business Unlimited® card charges 5% of each transfer amount or $5, whichever is higher. |
| Charges foreign transaction fees: The Chase Ink Business Unlimited® card charges a 3% foreign transaction fee in US dollars. | |
| Requires excellent credit to qualify: To be approved for the Chase Ink Business Unlimited® card, you will need a credit score of 700 or better. | |
Chase Ink Business Unlimited® Alternatives
American Express Blue Business CashTM
The American Express Blue Business CashTM card offers 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back after that, immediately credited to your statement. It also has a 0% introductory APR for the first 12 months. This card is our choice for the best cash back business credit card and one of our picks for the best business credit card for nonprofits.
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
Intro APR
0% on purchases
Regular APR
14.74% - 22.74% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 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 American Express and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 14.74% - 22.74%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
14.74% - 22.74% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 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 American Express and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 14.74% - 22.74%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
U.S. Bank Business Platinum
The U.S. Bank Business Platinum card is best for business owners with significant debt from other business credit cards, as it can help you pay off your balances. This card has a 0% introductory APR for the first 20 billing cycles for both balance transfers and purchases, allowing you to pay down your debt interest-free each month for almost two years. Because of this, it’s our choice for the best 0% APR business card for 2022. The U.S. Bank Business Platinum card also has one of the lowest ongoing APRs (13.49%).
U.S. Bank Business Platinum Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
0% for first 20 billing cycles
Regular APR
13.49% to 22.49% (Variable)
Annual Fee
$0
Credit Needed
Good/Excellent
- Limited time offer: 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 13.49% to 22.49%.
- Pay over time by splitting eligible purchases of $100-plus into equal monthly payments with U.S. Bank ExtendPay ™Plan.
- Expense management tool Visa Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Intro APR
0% for first 20 billing cycles
Regular APR
13.49% to 22.49% (Variable)
Annual Fee
$0
Credit Needed
Good/Excellent
- Limited time offer: 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 13.49% to 22.49%.
- Pay over time by splitting eligible purchases of $100-plus into equal monthly payments with U.S. Bank ExtendPay ™Plan.
- Expense management tool Visa Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Chase Ink Business Cash®
The Chase Ink Business Cash® card is a terrific choice for startup businesses that have recurring expenses such as office supplies, internet, cable, and phone. It has an introductory cash back reward of $750 after you spend $7,500 on purchases within the first three months after opening an account. Like the Chase Ink Business Unlimited® card, the Business Cash® card lets you add employee cards at no additional cost. The Chase Ink Business Cash® card is our choice for the best overall business card for startups.
Ink Business Cash® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Office-based businesses that want top cash back rewards
Intro APR
0% Intro APR on Purchases
Regular APR
13.99% - 19.99% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Intro APR
0% Intro APR on Purchases
Regular APR
13.99% - 19.99% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Bottom Line
The Chase Ink Business Unlimited® card is best for businesses that prefer to earn unlimited fixed-rate rewards on all purchases, with no annual fee. This is also best paired with your other Chase credit cards within the Ultimate Rewards program to maximize your redemption value when you redeem for travel.
If this card doesn’t match your needs, check out our Credit Card Marketplace to find other cards that may be a better fit for you.
