Choosing the right business credit card is like picking the right tool for a job. You want the one that will give you the most bang for your buck, help you save on expenses, and reward you for spending on what your business needs the most. If you’re looking at Chase as your go-to, you’re already on the right track. Chase offers a range of business credit cards, each with its perks and benefits. But which one is the best for your business? Let’s break it down.
Understanding What Matters in a Business Credit Card
Before we compare cards, let’s talk about what features are essential:
- Rewards: Points, miles, and cash back are goodies for spending money.
- Annual Fees: You pay this fee each year to have the card. Some cards waive this fee for the first year.
- Interest Rates: If you don’t pay off your card every month, this is the extra money you’ll owe.
- Perks: Think of free stuff and bonuses, like airport lounge access or free flight bags.
Chase Business Credit Cards: The Lineup
Chase offers several business credit cards, each designed to meet different needs. Here’s a quick look at some popular ones:
- Chase Ink Business Preferred®
- Chase Ink Business Cash®
- Chase Ink Business Unlimited®
- Chase United℠ Business Card
- World of Hyatt Business Credit Card
Chase Ink Business Preferred® Credit Card
The Chase Ink Business Preferred® Credit Card is a business credit card that offers high rewards on common business expenses, valuable travel perks, and a range of other benefits. It’s part of Chase’s Ink Business credit card lineup, which is known for providing excellent value to small business owners.
- Rewards: One of the biggest attractions of the Chase Ink Business Preferred® Credit Card is its lucrative welcome offer. Earn 120,000 Chase Ultimate Rewards Points after you spend $8,000 on purchases in the first 3 months from account opening. This welcome bonus can provide a great start to your rewards-earning journey and help you save on future expenses.
The card offers impressive earning rates on purchases in key business categories, such as:- Travel: Earn 3 points per dollar on travel purchases, including flights, hotels, car rentals, and more.
- Shipping: Earn 3 points per dollar on shipping expenses.
- Advertising: Earn 3 points per dollar on advertising purchases made with social media sites and search engines.
- Internet, Cable, and Phone Services: Earn 3 points per dollar on these essential services.
- Earn 1 point per $1 on all other purchases, with no limit.
- Annual Fee: Yes, with a $95 annual fee
- Perks: Points earned with the Chase Ink Business Preferred Credit Card® can be redeemed in various ways, giving you flexibility in using your rewards. Options include:
- Travel: Use your points to book flights, hotels, car rentals, and other travel-related expenses through the Chase Ultimate Rewards portal. When redeemed for travel, your points are worth 25% more. For example, 100,000 points are worth $1,250 towards travel.
- Cashback: Redeem your points for cashback, which can be used to offset your credit card balance.
- Gift Cards: Choose from various gift cards from popular retailers and restaurants.
- Products and Services: Redeem points for merchandise or services through the Chase Ultimate Rewards® portal.
Chase Ink Business Cash® Credit Card
The Ink Business Cash® Credit Card is a business credit card that offers substantial cashback rewards on common business purchases. It’s part of Chase’s Ink Business® credit card lineup, which provides excellent value and rewards to small business owners. This card is particularly appealing due to its high cashback rates in specific spending categories and lack of an annual fee.
- Rewards: You can earn a substantial welcome bonus when you meet the spending requirement within the first few months of opening your account.Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. This bonus can provide a great start to your cashback-earning journey and help you save on future expenses.
The Ink Business Cash® Credit Card offers impressive cashback rates on purchases in several key business categories. Here’s a closer look at how you can maximize your rewards:- 10% Business Relationship Bonus: If you have the Ink Business Cash® card plus a Chase Business Checking account on your first card anniversary, you’ll earn a one-time 10% bonus of all eligible cash back earned in your first year. That means if you earn $2,500 in cash back, you’ll get a $250 bonus. Offer is only available for Ink Business Cash® cards opened between March and November 2024.
- 5% Cash Back: Earn 5% cash back on the first $25,000 spent each account anniversary year at office supply stores and on internet, cable, and phone services. This can add up quickly if your business relies heavily on these services.
- 2% Cash Back: Earn 2% cash back on the first $25,000 spent each account anniversary year at gas stations and restaurants. This is ideal for businesses with significant travel or dining expenses.
- 1% Cash Back: Earn unlimited 1% cash back on all other purchases, providing steady rewards no matter what you buy.
- Annual Fee: There is no annual fee, making it an excellent choice for small businesses watching their expenses.
- Perks:
- Purchase Protection: This policy covers your new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
- Extended Warranty: Extends the U.S. manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
- Travel and Emergency Assistance Services: Access various travel and emergency assistance services while away from home.
- Auto Rental Collision Damage Waiver: Use your card to pay for your car rental, and you can decline the rental company’s collision insurance and be covered for theft and collision damage.
Chase Ink Business Unlimited® Credit Card
The Chase Ink Business Unlimited® Credit Card is a business credit card that offers a flat-rate cashback on all purchases. This means you earn the same cashback rate no matter what you buy, making it a simple and effective way to earn rewards. It’s part of Chase’s Ink Business credit card lineup, known for providing excellent value to small business owners.
- Rewards: Earn $750 bonus cashback after you spend $6,000 on purchases in the first 3 months after opening your account. This bonus can provide a great start to your cashback-earning journey and help you save on future expenses. One of the main attractions of the Chase Ink Business Unlimited® Credit Card is its simple rewards structure. You earn 1.5% cashback on every purchase, with no categories or spending limits to worry about. This makes understanding and maximizing your rewards easy, no matter what you’re buying.
- Annual Fee: There is no yearly fee.
- Perks: Cashback earned with the Chase Ink Business Unlimited® Credit Card can be redeemed in various ways, giving you flexibility in using your rewards. Options include:
- Statement Credits: Use your cashback to offset your credit card balance.
- Direct Deposits: Transfer your cashback directly to your business bank account.
- Gift Cards: Choose from various gift cards from popular retailers and restaurants.
- Travel: Redeem your cashback for travel expenses through the Chase Ultimate Rewards® portal.
- The Chase Ink Business Unlimited® Credit Card offers valuable purchase protection and extended warranty benefits:
- Purchase Protection: This policy covers your new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
- Extended Warranty: Extends the U.S. manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
Chase United℠ Business Card
The Chase United℠ Business Card is a business credit card offering rewards and benefits for United Airlines travelers. It helps you earn United MileagePlus miles on your everyday business purchases, which you can use for flights, upgrades, and other travel-related expenses. This card is ideal for business owners who frequently travel with United Airlines and want to maximize their rewards.
- Rewards: One of the main attractions of the Chase United℠ Business Card is its generous welcome offer. Earn 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open. This welcome bonus can give you a great head start on earning miles for your next trip.
The card offers impressive earning rates on purchases in key business categories, such as:
- Dining: Earn 2 miles per dollar spent at restaurants, including eligible delivery services.
- Gas Stations: Earn 2 miles per dollar spent on purchases at gas stations.
- Office Supply Stores: Earn 2 miles per dollar spent at office supply stores.
- All Other Purchases: Earn 1 mile per dollar spent on all other purchases.
- United Flights and Purchases: Earn 7 miles per dollar spent on United flights. Earn 5 miles per dollar spent on fares from Unites as a MileagePlus member, and Earn 2 miles per dollar spent on tickets purchased from United Airlines.
These earning rates can help you rack up miles quickly, especially if your business has significant expenses in these categories.
- Annual Fee: $0 annual fee for the first year, then $99 annual fee.
- Perks: The Chase United℠ Business Card offers several valuable travel benefits for United Airlines travelers:
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- Free Checked Bags: savings of up to $160 per roundtrip (terms apply), 2 United Club® one-time passes per year, and priority boarding privileges.
- Priority Boarding: Enjoy priority boarding on United flights, allowing you to settle in your seat and find overhead bin space more efficiently.
- United Club® Passes: Receive two one-time United Club® passes each year, providing access to United’s airport lounges to relax before your flight.
- Travel Credits: $100 United® travel credit after 7 United flight purchases of $100 or more each anniversary year.
The Chase United℠ Business Card provides a range of travel and purchase protections, including:
- Travel Insurance: Coverage for trip cancellations, interruptions, and delays, as well as baggage delay insurance.
- Auto Rental Collision Damage Waiver: Use your card to pay for your car rental, and you can decline the rental company’s collision insurance and be covered for theft and collision damage.
- Purchase Protection: This policy covers your new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
- Extended Warranty: Extends the U.S. manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
World of Hyatt Business Credit Card
The World of Hyatt Business Credit Card is a business credit card designed specifically for travelers who prefer to stay at Hyatt hotels. It helps you earn World of Hyatt points on your everyday business purchases, which you can use for free nights, upgrades, and other travel-related expenses. This card is ideal for business owners who frequently travel and want to maximize their rewards with Hyatt hotels.
- Rewards: One of the main attractions of the World of Hyatt Business Credit Card is its generous welcome offer. Earn 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening. This welcome bonus can give you a great head start on earning points for your next trip.
The card offers impressive earning rates on purchases in crucial business categories, such as:
- Hyatt Purchases: Earn up to 9 points per dollar spent on purchases made directly with Hyatt hotels—4 Bonus Points per $1 on qualified purchases at Hyatt hotels and up to 5 Base Points per $1 from Hyatt as a World of Hyatt member.
- Travel: Earn 2 points per dollar spent on travel purchases, including airfare purchased directly from airlines and car rentals.
- Dining: Earn 2 points per dollar spent at restaurants, including eligible delivery services.
- Fitness Club and Gym Memberships: Earn 2 points per dollar spent on fitness club and gym memberships.
- All Other Purchases: Earn 1 point per dollar spent on all other purchases.
These earning rates can help you rack up points quickly, especially if your business has significant expenses in these categories.
- Perks: The World of Hyatt Business Credit Card offers several valuable hotel benefits for Hyatt travelers:
- Free Nights: Use your points to book free nights at Hyatt hotels with no blackout dates.
- Room Upgrades: Enjoy complimentary room upgrades when available.
- Elite Status: Receive automatic Discoverist status with World of Hyatt, which includes benefits like priority check-in, late checkout, and bonus points on stays.
- Anniversary Free Night: One of the standout features of the World of Hyatt Business Credit Card is the annual free night certificate. Each year, on your cardmember anniversary, you’ll receive a certificate that can be used for a free night at eligible Hyatt hotels. This benefit alone can offset the cost of the card’s annual fee.
The World of Hyatt Business Credit Card provides a range of travel and purchase protections, including:
- Travel Insurance: Coverage for trip cancellations, interruptions, and delays, as well as baggage delay insurance.
- Auto Rental Collision Damage Waiver: Use your card to pay for your car rental, and you can decline the rental company’s collision insurance and be covered for theft and collision damage.
- Purchase Protection: This policy covers your new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
- Extended Warranty: Extends the U.S. manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
Tips Before You Choose
- Know Your Spending: Look at where your business spends the most money. This can help you choose the card that rewards those areas the most.
- Consider the Long Term: Consider whether a card’s benefits will continue to outweigh the costs, like annual fees.
- Read the Fine Print: Make sure you understand the terms, like how rewards are earned and when they might expire.
Conclusion
There’s no one-size-fits-all when choosing the best Chase business credit card. It all boils down to your business’s spending habits and what kinds of rewards or perks are most valuable to you. Look at what each card offers, weigh the pros and cons, and choose the one that best aligns with your business.
Find the Perfect Chase Business Credit Card for Your Needs!
Running a business is all about making smart choices. That includes choosing the right credit card to maximize rewards and organize your finances.
Chase offers a variety of business credit cards, each with unique benefits tailored to different spending habits. Whether you prioritize cash back, travel rewards, or exclusive perks, there’s a Chase card waiting to help your business thrive.
Here’s a quick breakdown to get you started:
- Maximize cash back: Explore the Chase Ink Business Unlimited® Credit Card for a flat 2% cash back on every purchase or the Chase Ink Business Cash® Credit Card for rotating bonus categories.
- Travel in style: Rack up points and unlock travel rewards with cards like the Chase Ink Business Preferred® Credit Card or the United℠ Business Card and United Club℠ Business Card.
- Fuel your business travel: Consider the Southwest® Rapid Rewards® Premier Business Credit Card or Southwest® Rapid Rewards® Performance Business Credit Card.
- Hotel loyalty: Stay connected to your favorite hotel chains with the World of Hyatt Business Credit Card or the IHG One Rewards Premier Business Credit Card.
Find the Chase Business Credit Card that perfectly aligns with your spending and rewards goals:
Chase Ink Business Unlimited® Credit Card
Chase Ink Business Cash® Credit Card
Chase Ink Business Premier® Credit Card
Chase Ink Business Preferred® Credit Card
United℠ Business Card
Southwest® Rapid Rewards® Premier Business Credit Card
Southwest® Rapid Rewards® Performance Business Credit Card
World of Hyatt Business Credit Card
IHG One Rewards Premier Business Credit Card
Take advantage of valuable rewards and exclusive benefits! Find your perfect Chase Business Credit Card today and start growing your business smarter.
