The Chase Ink Plus Business credit card is one of Chase’s Premium cards for businesses. The card offers 60,000 bonus points after you spend $5,000 within the first 3 months of the account opening. The 60,000 bonus points equate to $750 toward travel rewards if redeemed through Chase Ultimate Rewards. The Chase Ink Plus Business reward businesses when the card is used for daily operations and expenses. Keep in mind that you technically have a business if you sell things on Craigslist or perform freelancing work, which makes you a sole proprietorship. The credit card has a superior sign up bonus offer and rewards program that makes it another Chase credit card that tops a lot of business credit cards out there on the market.
Noteworthy Bonuses and Extras:
- The Chase Ink Plus Business credit card offers a whopping 60,000 bonus points which can be obtained right after spending $5,000 on purchases within the first 3 months of the account opening. This is easily feasible for businesses as the card can be used for daily expenses to ensure that the $5,000 threshold is met within the first 3 months.
- The chance to earn 5 points for every $1 spent in combined purchases at office supply stores, cellular phone, landline, and cable TV services up to $50,000 each account anniversary year.
- The chance to earn 2 points for every $1 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel up to $50,000 each account anniversary year.
- If that is not enough, the chance to earn 1 point for every $1 spent on all other purchases with no amount listed.
- Also there is no foreign transaction fees if used internationally.
- Additional employee cards added at no cost
- Annual fee is only $95
Built for Businesses:
The Chase Ink Plus Business card is built for business as it offers tons of features with an added layer of protection that allows business owners to focus on the business and not fret about any other events that can cause a distraction to the core of the operations.
- Purchase Protection – All new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Price Protection – Card purchases made in the US is advertised for less in print or online within 90 days of purchase, you can reimburse the difference up to $500 per item and $2,500 per year.
- Return Protection – Ability to get reimbursed for eligible items that the store will not take back within 90 days of purchase up to $500 per item and $1,000 per year.
- Extended Warranty Protection – On eligible warranties of 3 years or less, US manufacturer’s warranty is extended by an additional year.
Also keep in mind the extra perks added with the card, such as no additional cost for employee cards. Businesses also have the ability to set up spending limits to be able to closely monitor employee spending. This added feature offers monitoring controls that will ultimately assist with the business with staying on track with budgets and expenses for all aspects.
The Chase Ink Plus Business card also provides ease for business travel. Some of the features that allows the traveling business owner convenience and ease:
- No foreign fees
- Offer trip cancellation/interruption insurance
- Offer auto rental insurance
- And offer trip and baggage delay reimbursements
As mentioned above, the card is one of Chase’s premium cards, so the points racked up can be redeemed for travel rewards through Chase Ultimate Rewards at a 20% discounted rate. So the 60,000 bonus points can be redeemed for $750 of travel through Chase Ultimate Rewards or if cashed in for $600.
The Chase Ink Plus Business allows businesses the ability to transfer earned reward points at a 1 to 1 ratio to other reward or loyalty programs with Chase partners. British Airways Executive Club, Singapore Airlines, Hyatt Gold Passport®, United MileagePlus®, IHG Rewards Club®, and Southwest Airlines Rapid Rewards®, which are a few of the partnership with Chase that allows points to transfer.
Author’s Verdict:
The Chase Ink Plus Business card was created for traditional business owners and also the freelancing sole proprietor to apply and get approved for this card. In my opinion, this premium Chase credit card tops it all as it offers great bonuses and protection for both a corporation or a proprietor. To reiterate the 60,000 bonus points that may be earned through $5,000 purchases within the first 3 months of accounting opening is enough to sign up for the card. I greatly appreciate the added control to add employee cards and monitor the employee cards’ spending limits. This control ensures that the business operates appropriately without the owner having to check the bank account every day to make sure no over-spending occurred that was not part of the business monthly or yearly budget. The annual fee of $95 is worth the added benefits and features that this card allows all businesses to have in their possession. The bonus points are endless if this card is part of a business go-to for daily usage.