Chase Ink Business Unlimited® Credit Card Review: A cash back credit card with unlimited rewards

Ink Business Unlimited® Credit Card Learn more

With the Ink Business Unlimited® Credit Card, you get unlimited 1.5% cash back on all purchases with no categories to track or activation dates to keep on your calendar. When you compare it to other business credit cards, it has lower rewards rates but charges no annual fee — which is a major perk in a fee-heavy category. Unlike other business cards, you’ll be able to get free employee cards to help maximize your rewards across the board. Overall, it’s an intriguing option for a business owner who wants to earn cash back easily.

In this article

    What we like about the Ink Business Unlimited® Credit Card

    • Introductory bonus: Get $750 back after you spend $7,500 in the first three months after opening your account. This introductory bonus is fantastic compared to many other credit cards.
    • Unlimited cash back rewards: There are no limits on the number of cash back rewards you can earn, unlike many other cards. Although the reward rate is low, your earnings won’t get cut off after a certain amount.
    • Earn cash back on every purchase: If you’re looking for a simple cash back rewards program, this card can offer it. You’ll earn cash back on all purchases you make throughout the year, which means you don’t have to track category spending.
    • No interest in the initial year: This card offers you 0% for 12 months intro APR for the first after you open the account, then 13.24%–19.24% variable. If you plan to keep a balance on your account, having no interest could save you some cash during the first year.
    • Free employee cards. With this card, you’ll get free cards that your employees can use. Also, you’ll be able to earn rewards on your employees’ purchases on their cards.
    • No annual fee. There’s no annual fee to pay when you open this card. It’s a fantastic perk to earn rewards without having to pay every year to hold the card.

    Things to consider

    • Low rewards rate. Although the rewards are easy to track since you earn 1.5% back on everything, the rate is low compared to some other cash back rewards cards. You could likely find higher cash back rates with another card, but you would have to put in more work.
    • Foreign transaction fees. For any swipe of your card overseas, you’ll pay 3% of each transaction. If you travel abroad frequently, this might not be the best card for you. Although these additional costs seem small, they can add up over time and increase the overall cost of your trips significantly.

    Cash back rewards details

    You get a simple 1.5% cash back on all purchases, regardless of category. There are no spending limits, meaning you won’t stop earning after a certain point.

    To get the most out of the cash back rewards of $750 on this card, you’ll need to spend $7,500 in the first 3 months after you open your account. Then, you can use the card for your everyday business expenses and give your employees cards for business expenses. You’ll gain unlimited cash back on every purchase you make, so using the card as often as possible will earn you as much back as possible.

    Fee details

    The Ink Business Unlimited® Credit Card doesn’t come with an annual fee. However, it does charge foreign transaction fees. You’ll pay 3% of each transaction amount when you use this card abroad. If you make a late payment or your payment is returned, you’ll pay $39.

    How does it compare to other cash back cards?

    The Ink Business Unlimited® Credit Card is excellent for anyone looking for a cash back card with a straightforward rewards program. However, some cards offer higher rewards potential. For example, the Discover it® Cash Back provides 5% cash back on everyday purchases at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases. The Blue Cash Preferred® Card from American Express, on the other hand, offers 6% cash back on select U.S. streaming subscriptions and 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).

    CardOngoing Purchase APRAnnual FeeIntro BonusCredit NeededKey features
    Ink Business Unlimited® Credit Card 13.24%–19.24% variable $0$750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account openingExcellentUnlimited 1.5% cash back on every purchase made for your business
    Discover it® Cash BackSee TermsSee TermsDiscover will match all the cash back you’ve earned at the end of your first year, automatically. There’s no signing up. And no limit to how much is matched.Good to excellent5% cash back on everyday purchases at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
    Blue Cash Preferred® Card from American Express 13.99%-23.99% Variable ( See Rates & Fees ) Limited Time Offer: $0 introductory annual fee for one year, then $95. Offer Expires 12/10/2020 ( See Rates & Fees )Limited Time Offer: Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. Offer Expires 12/10/2020. Terms Apply.Excellent6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. Earn 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases. Terms Apply.

    For rates and fees of Blue Cash Preferred® Card from American Express, please click here .

    Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view our disclosures, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.

    Tiffany Verbeck

    Contributing Writer

    Tiffany Verbeck is a personal finance expert. She uses her storytelling skills gained from a master’s degree in writing to run a freelancing business focused on helping people make and manage their money. She has been published in The Financial Diet, Fast Capital 360, The Write Life, Matador Network and other publications