Chase has two impressive credit cards for small business owners who love cashback:
- The Ink Business Cash Credit Card
- The Ink Business Unlimited Credit Card
Each card offers the potential to store up rewards on daily business spending, a plentiful introductory APR on new purchases, and a healthy sign-up bonus. Selecting which to sign up for can seem like a formidable task. Which do you choose?
Chase’s cashback business cards vary in how the company set up their reward structures. One may align more with how your company spends than the other one does:
- The Ink Business Cash Card gives customers a higher rate in specific spending categories.
- The Ink Business Unlimited Card offers a flat rate of cashback on each purchase you make.
Since both programs offer small business owners similar benefits, deciding how you plan to use your card will help you settle on the right one for your company.
The Differences Between Ink Business Cash and Ink Business Unlimited
There is an introductory bonus on both cards: if you spend $7,500 in the first three months of opening your account, you can earn a $750 bonus cashback. They both also include zero annual fees, car rental insurance, extended warranty, purchase protection, no charges for employee cards, and the ability to set individual spend limits for each card.
Where these two cards deviate is in how their earning structures are set up. The Ink Business Cash Credit Card is slightly more involved. However, if your company spending aligns with the Ink Business Cash Card’s bonus categories, it could prove lucrative for you.
You can get 5% cashback (or five points for every dollar) on the first $25,000 you spend (then one point every dollar) on internet, cable, and phone services, and on total purchases every year at office supply stores.
You also get 2% cashback (or two points every dollar) on the initial $25,000 you spend (then one point every dollar) at restaurants and gas stations combined each year. Earn 1% cashback, or one point per dollar, on everything else.
If your business purchases include more travel or you spend more than $25,000 on gas and dining, then the 1.5-point-per-dollar Ink Business Unlimited Credit Card might be a better choice.
The Ink Business Unlimited Credit Card’s formula is simple: Earn earn 1.5 points per dollar (or 1.5% cashback) on every purchase, with no caps.
Why Choose the Ink Business Cash Card?
The Ink Business Cash Credit Card may work for you if you spend a sizable chunk of your purchasing budget on office supplies and telecommunications, along with a blend of dining and gas. This is especially true if your spending remains below the $25,000 cap.
For example, let’s say your small business has an office with expenditures broken down in the following way:
- Telecommunications and office supplies — $25,000
- Dining and gas — $20,000
- Other — $10,000
With the Ink Business Cash Credit Card, you would receive 5%, 2%, and 1%, respectively, on the expenses listed above. These charges would earn you $1,750 back, or 175,000 points.
In comparison, the Ink Business Unlimited Credit Card would earn you a meager $825, or 82,500 points on the same purchases.
Why Choose the Chase Ink Business Unlimited Card?
For fans of Ultimate Rewards, having a flat-rate card like the Chase Ink Business Unlimited is a great way to maximize points. Even though it is marketed as cashback, the Ink Business Unlimited Card gives you Ultimate Rewards that can be moved to any of Chase’s Ultimate Rewards cards.
Since the Ink Business Unlimited Card offers a dependable, flat-rate cashback, you can add it to your personal Chase credit cards to maximize your rewards potential.
Let’s examine a higher-spending scenario where your business may have a larger office that needs a lot of supplies and has other expenditures like employee training or a sizable payroll.
- Telecommunications and office supplies — $40,000
- Dining and gas — $25,000
- Travel — $40,000
- Payroll, rent, other expenses — $450,000
In this scenario, the Ink Business Cash Credit card would reward you with $6,800 or 680,000 points ($25,000 at 5%, $25,000 at 2%, and the rest at the lower 1% rate). With its flat 1.5% cashback reward on all purchases, the Ink Business Unlimited Card comes out ahead, earning you $8,325, or 832,500 points.
Which Chase Ink Business Card Will Work for You?
The Ink Business Cash Credit Card may be a better choice if your business employs a smaller physical office that:
- Purchases a lot of office supplies.
- Spends more on internet, cable, and other telecommunications.
- Has a moderate amount of gas and dining expenses.
Yet, if your business expenses are small and more diverse or your company is spread out with many working from home — possibly including subscriptions or travel categories — choose the Chase Ink Business Unlimited Card. In this case, the flat 1.5%-back earning structure may be a better choice.
Additionally, if your small firm is more established and you spend above the $25,000 Ink Business Cash Card cap, the Unlimited card’s capless 1.5% return may be more advantageous for your company.
The Ink Business Cash and Ink Business Unlimited cards are sensible, no-annual-fee cards that offer a decent return rate. They can both help you bring in cashback, depending on your business budget.
Spend more on office supplies, internet, and phone? Maximize the Ink Business Cash Card’s bonus Categories. Extend your purchases across numerous categories? The Ink Business Unlimited Card’s flat rate is the superior choice.
Revenued Offers a Card Based on Sales, Not Credit
Yet, if your credit score is a work-in-progress and you are not eligible for either card, apply for the Revenued Business Card.
Qualify based on your sales record, not your credit score. It works anywhere that you need short-term working capital. Use it in place of a debit or credit card for travel, restaurants, retailers, and virtually any vendor or merchant.
Experience the new Revenued Business Card for yourself by dialing (855) 943-5363 or filling out our online form. Call today!
We're working on some pretty cool new pieces of content, including tools that will give you insight into your business finances.
Want to be the first to know when they launch?