Chase’s Ink Business Unlimited Card Offers Cash Back And No Annual Fee
Good news for entrepreneurs and small business owners: there’s a new rewards credit card that gives unlimited cash back and has no annual fee.
Most rewards credit cards that offer generous rewards – particularly business credit cards – do charge an annual fee. In many cases, this fee is worth paying because the rewards are so great. However, the Ink Business Unlimited card from Chase gives small business owners the chance to earn 1.5 percent cash back on all purchases with no limit and with bonus cash back opportunities, all without paying an annual fee.
There are no special spending categories to get cash back; cardholders will earn 1.5 percent back on every dollar spent in any category. There are also no minimum balances required to redeem rewards. Cardholders who spend $3,000 on purchases in the first three months they have the card will earn a $500 bonus that they can receive as a statement credit or as a check.
Meeting the needs of small business owners
Catherine Hogan, president of Chase Branded Cards, said the new credit card was inspired by conversations with small business owners who wanted to grow their businesses while keeping things simple by increasing productivity and efficiency without unnecessary obstacles.
“Small business owners today are hyper-focused on growing their businesses and eliminating distractions. We are providing a tool that helps manage cash flow and expenses, in a straightforward way that matches their working style,” Hogan explained.
Chase is joining forces with professional skateboarder Tony Hawk in order to promote the new Ink Business Unlimited card. “When I reflect on my professional skateboarding and business accomplishments, none of it would be possible without a focused commitment to productivity. It’s why I am so excited to share my experience with other small business owners,” said Hawk.
Other cards in the Ink portfolio include the Ink Business Preferred card and the Ink Business Cash card. Each one offers different options for different types of business owners, with things like low interest rates, rewards, zero liability for fraud, purchase protection, and superior customer service to ensure that the needs of a variety of cardholders are met.
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Using credit cards, we constantly have to encounter different kinds of fees. So, during the 2019 U.S. News Consumer Credit Card Fee Study, hundreds of credit cards were examined in order to investigate annual fees, cash advance fees, foreign transaction fees, late and returned payment fees, and balance transfer fees more closely.
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