Chase Offers Record $1,000 Bonus on Two Business Cards

Chase has launched its highest-ever welcome bonus offer for two of its no-annual-fee business credit cards: the Ink Business Unlimited® Credit Card and the Ink Business Cash® Credit Card. New applicants for either card can earn $1,000 in bonus cash back. To qualify for this substantial bonus, cardholders must spend $8,000 on purchases within the first four months of opening the account. This offer represents the most significant welcome bonus previously seen on these specific business credit cards, according to available information.

These cards are positioned as strong options for small businesses, including freelancers, sole proprietors, and individuals with side gigs, provided they have a legitimate business to apply with. The Ink Business Unlimited® Credit Card features a flat earning rate of 1.5% cash back on all purchases, making it suitable for businesses whose spending is not concentrated in specific bonus categories. The Ink Business Cash® Credit Card, while not detailed in its earning structure in this context, is also presented as a valuable tool for business owners. Both cards are noted for their ability to accumulate rewards quickly.

A key benefit for cardholders who also possess a premium Chase card, such as a Sapphire card or the Ink Business Preferred® Credit Card, is the ability to convert the cash back earned into Chase Ultimate Rewards points. This conversion can significantly enhance the value of the rewards, as points can be redeemed for travel at potentially higher rates or transferred to airline and hotel loyalty programs. It is important to note that the Chase Ink Business Premier® Credit Card, another cash-back card, does not offer this points conversion feature.

The Ink Business Unlimited® Credit Card, with its $0 annual fee, provides a straightforward rewards structure. The $1,000 welcome bonus requires $8,000 in spending within the initial four months. The card's 1.5% cash back on all purchases makes it a versatile choice for businesses that do not have spending heavily skewed towards particular merchant categories. While other flat-rate business cards might offer a slightly higher percentage, the Ink Business Unlimited® becomes particularly attractive when its cash back can be pooled with Chase Ultimate Rewards points for greater travel redemption value.