Chase INK Credit Card Review 2019
Spend $3000 within 90 days and get a $500 cash bonus!
Plus earn up to $750 more in referral bonuses!
Chase INK credit card review
5 / 5
Last Updated: August 4, 2019
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CAUTION: If you currently have credit card DEBT and are paying
interest on your credit card debt, please don't get this new credit card or
any other new credit card. Focus on paying off your existing credit card
debt. The typical credit card charges about 20% interest per year. If you
have a $1000 credit card debt, you are probably paying about $200 in interest every year. This
is bad. Pay off all your existing credit card debt first.
I like saving money and I like making money.
If you are financially responsible and know how to use credit cards without
going into debt, credit card sign up bonuses are a neat way to make a little
extra cash. While personal credit cards typically have smaller sign up
bonuses ($0 to $100 or $200), the Chase Business Ink Unlimited Visa credit
card has a whopping $500 sign up bonus (when you spend $3000 within the
first 90 days of having the card). More importantly, the Chase Ink card is
available to anyone with a "business", including "sole proprietors". If you
typically spend $1000 per month or more on your existing credit card or
cards, you can sign up for this new Chase Ink credit card and get a $500
cash sign up bonus. Plus, after you get the Chase INK card, you can refer friends and
family, and you'll get an additional $150 referral bonus (up to $750 per
year) for each friend who signs up for a card.
CHASE INK BUSINESS UNLIMITED CREDIT CARD
$500 SignUp Bonus Cash Back
* After you spend $3,000 on purchases in the first 3 months after
Up to $750 in referral bonuses each year
* After you get the card, you can earn $150 each time you refer a
friend and they open a new Chase Ink card (up to $750 each year).
NO ANNUAL FEE
* The Chase Ink Business Unlimited card is FREE and has NO annual
0% INTRO APR
* 0% intro APR on purchases for the first 12 months, after that
variable APR of 15.49% – 21.49%
* I still recommend that you pay off your balance IN FULL every month,
even if the interest rate is 0%. Paying off your balance every month is just
a good habit to have.
UNLIMITED 1.5% CASH BACK
* Earn unlimited 1.5% Cash Back rewards on every purchase
Apply for the Chase INK card (with $500 bonus)
Frequently Asked Questions (FAQs)
Do I need to have a business to sign up for this card?
Yes, it is a business card so you need to have a "business", but in
reality almost anything counts as a "business". For example, if you have
sold anything on ebay or craigslist, you have a "business". Your "business"
can be a solo proprietorship in your own name. In fact, that is the simplest
way to get a business credit card. Just use your first and last name (i.e.
John Smith) as the name of your business, and be a sole proprietor. In
California, and in many states, if your business name is your own name, you
don't need to have a fictitious business name or file any paperwork.
Does my business need to make a lot of money and/or have been in
business for a long time?
No. If you have decent personal credit and a decent household income,
you can have a new "business" that doesn't make very much and you'll still
get approved. Here's a cheat sheet I saw on slickdeals (thanks to slickdeals
user JaTaN) recommending how to fill out the Chase Ink application, and get
Legal Name of Business: your name only (ie "JOHN SMITH") don't add anything extra to it or
else they'll ask for proof
Business Name On Card: same as above (ie "JOHN SMITH")
Type Of Business: Sole Proprietor
Business Tax ID Number: your SSN
Business Address: your current address
Business Revenue: most people are fine with $1000-$2000
Years in business: 1
Number Of Employees: 1
Business Category: Retail Nonstore / Used Merchandise / Used Merchandise
Your Title As
Authorizing Officer: Owner
Your personal info/SSN/birth date
Annual Income: your total household income
Will this effect my credit report and/or credit score?
Not much and not for long. If you are planning to apply for a new
mortgage or other major loan in the near future, I probably wouldn't apply for any new credit
cards, but otherwise the effect of a single credit card application is
fairly small and doesn't last very long.
Can I only make business purchases with this card?
Technically, this card is intended for business purchases, but in my
experience as well as others, anything that you purchase with this
card will count towards your sign up bonus and will also earn
1.5% cash back.
How do I get the $150 referral bonuses with this card (up to $750 per
After you are approved and you receive your new Chase Ink card, you can
go to chase.com/referabusiness/unlimited and enter your last name,
your zip code, and the last four digits of your card number, and you will
get your own personal referral link that you can use to earn referral
bonuses when your family and friends sign up for this card.
Disclaimer: The above sign up link is also my personal referral
link. If you apply for this card using the link above (and if I am lucky), I
may earn a referral bonus (so thank you for using my link!). Also, I have no
formal financial training, so take any advice I may seem to give here with a
grain of salt. I live by the simple words "spend less than you make" and
"it's better to have money in the bank instead of being in debt". Credit
cards can be (financially) dangerous if you are not financially responsible.
Again, if you currently have any credit card debit and/or if you don't pay
off your full balance each month, fix those problems before you get any new
credit cards, including this card..
Apply for the Chase INK card (with $500 bonus)