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Chase Ink Business Unlimited review: an easy 1.5% cash back on all purchases

Chase Ink Business Unlimited review: an easy 1.5% cash back on all purchases


Why we like this card: While some cards boast higher cash back rates than the Chase Ink Business Unlimited® Credit Card, the higher rate typically applies to certain categories, and they have monthly or quarterly caps. By contrast, the Chase Ink Business Unlimited® Card—true to its name—offers unlimited 1.5% cash back on every purchase you make for your business. 

Pros

  • Unlimited flat cash back rate
  • Car rental protection
  • 0% APR for 12 months

Cons

  • Charges foreign transaction fees
  • Limited travel benefits
  • No balance transfer

Chase Ink Business Unlimited®: Overview

APR

  • Intro: 0% introductory APR for 12 months from account opening (after that, the variable APR will be 18.49%–24.49%)
  • Purchase: 18.49%–24.49% variable
  • Balance transfer: 18.49%–24.49% variable
    • Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater
  • Cash advance: 29.99%
    • Cash advance fee: Either $15 or 5% of the amount of each transaction, whichever is greater
  • Penalty: Up to 29.99%

Fees

Annual fee: $0

Foreign transaction fee: 3% of the amount of each transaction in U.S. dollars

Late payment fee: $40

Returned payment fee: $40

Particularly if you have employees, keeping track of the rotating bonus categories of some rewards credit cards can be frustrating. With the Chase Ink Business Unlimited® Credit Card, you can earn unlimited 1.5% cash back on every purchase, including those made with your employees’ cards, which are available at no extra cost. There’s no cap on how much you can earn, and Chase offers a variety of reward redemption methods. 

The card also offers a 0% introductory APR for 12 months from account opening (after that, the variable APR will be 18.49%–24.49%). It can be a good card to use if you’re purchasing computers or other costly equipment; you’ll have up to a year to pay for those charges without interest building. 

The card may not be a good fit if you travel often for work; it charges foreign transaction fees, and it doesn’t offer the broad range of travel benefits that other cards offer. You may be better off with a business card that offers perks like travel interruption or cancellation insurance, baggage loss protection, or fee credits for TSA PreCheck or Global Entry. 

Chase Ink Business Unlimited®: Rewards

The rewards program for the Chase Ink Business Unlimited® Card is simple: you’ll earn unlimited 1.5% cash back on every purchase you make for your business,…

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