Link: Apply now for the Ink Business Unlimited® Credit Card with 90K bonus points
I’ve been on a bit of a credit card application spree lately. I just applied for the incredible Ink Business Unlimited® Credit Card, and wanted to share my experience getting approved.
Why the Chase Ink Unlimited Card is worth getting
The no annual fee Chase Ink Business Unlimited Card is an incredibly lucrative business card. There are many reasons to get this card, including:
- A best-ever welcome bonus of 90,000 Ultimate Rewards points after spending $6,000 within the first three months; those 90,000 points are worth at least $900, though based on my valuation of Ultimate Rewards points, the bonus is worth $1,530
- A great rewards structure, including the ability to earn 1.5x points on everyday spending, making it among the best Chase business cards for everyday spending
- If you have this card in conjunction with a product like the Chase Sapphire Preferred® Card (review) or Chase Sapphire Reserve® Card (review), then rewards can be transfered to Ultimate Rewards airline and hotel partners
- Several valuable perks, including rental car coverage, extended warranty protection, and more
Between the lack of an annual fee, the huge bonus, the great rewards structure, and the valuable purchase protection, this card is a no-brainer, in my opinion. For more details, see my review of the Chase Ink Unlimited Card.
Chase Ink Unlimited Card eligibility basics
Every credit card comes with its own eligibility terms, though fortunately the Chase Ink Business Unlimited Card has among the less restrictive terms. As you’ll see when you look at the offer terms for the card, there’s no 24-month or 48-month rule, as you’ll find on some other Chase cards.
So here are a few points to be aware of:
- Eligibility for the bonus on this card is unrelated to whether you have any other Chase card, including the other Chase Ink cards, like the Ink Business Preferred® Credit Card (review) and Ink Business Cash® Credit Card (review)
- As a matter of fact, you can get multiple multiple Chase Ink Unlimited cards for different businesses (and receive all the benefits, including the welcome offer, for each); so if you have one for a corporation, you could also apply for one for a sole proprietorship, and hold them concurrently
- This card may be subjected to Chase’s 5/24 rule, which is to say that you may not be approved if you’ve opened five or more new card accounts in the past 24 months (this excludes many business cards); however, there are increasingly data points that this rule is no longer consistently enforced
- It’s generally considered a best practice to not apply for more than one Chase business credit card every 30 days, so I’d recommend observing that limit when applying
My experience applying for the Chase Ink Unlimited Card
Given the incredible bonus currently available, I made the decision to apply for the Chase Ink Business Unlimited Card. For what it’s worth, I’ve had the card in the past, but didn’t otherwise have it right now. I decided to apply for the card for my corporation, though could’ve also applied for my sole proprietorship (maybe I’ll do that in the future).
Chase’s business card applications are pretty straightforward. The first section just requires completing personal information, which is pretty standard for any credit card application.
The next section asked for business information. You should always answer credit card applications truthfully. If you decide to apply for the card as a sole proprietorship, here are some tips:
- For legal business structure, you can select “sole proprietorship”
- For the legal business name, you can just use your name
- For the tax ID type, you can select social security number, and enter that
- You can then enter the information about the number of employees (there’s no shame in having just one), business phone number (it can be the same as your personal number), business establishment date, and business revenue
- For the business category, you can select whatever best describes your sole proprietorship
I submitted my application, and found that I was instantly approved. I can’t help but think that many Chase business cards are easier to get instant approvals for nowadays. I also recently applied for the Ink Business Preferred, and received an instant approval, which I’ve previously almost never gotten on a Chase business card.
Bottom line
The Chase Ink Business Unlimited Card is an awesome business card, and this is the ideal time to apply for it. I just picked up the card, and got an instant approval. Hopefully this data point is useful for anyone else who may be considering picking up the card.
People are often surprised by the lack of restrictive eligibility requirements, and may also be pleasantly surprised by the results of applying as a sole proprietorship.
If you’ve recently applied for the Chase Ink Business Unlimited Card, what was your experience like?
