When it comes to business credit cards, many people automatically assume that American Express is the company with the best cards. It might be true for many, but not every business has the same credit card needs. It’s all about perspective and where you stand in terms of the cards you need. Do you want a card that has this or that, A or B? We can’t tell you, and we certainly cannot read your minds. However, we’ve been hearing a lot of good things about the Chase Ink Plus Business card as of late, so we thought we’d give it a basic overview so that business owners can see what this business credit card has to offer.
There are so many amazing business credit cards on the market that we want to break down the best of the best so that you know which ones are the best for you. It might be this one, but it might not be this one. You won’t know until you learn a few more things about each one, which is why we are starting with the Ink Plus Card and letting you make the most informed, educated decisions possible when it comes to applying for that new business credit card.
The worst thing you can do for your business and your business credit is apply for a business card that does not work well with the type of business you do or the type of spending your business does. Take the time to learn which features this card carries, how it works and how it might benefit your business. If you find that it doesn’t seem to work well with your line of work, fear not; there is another card somewhere that is going to work far better for you than this one. It’s not a bad deal, so get ready to find out what you can do to make the most of your business credit card situation.
Why we love this card
At the moment, we are in love with the Chase Ink Plus Business Card because it has the best sign up bonus on the market. It’s hard to bypass a card that has so much to offer business owners when it comes down to it. This card is currently offering business owners a staggering 60,000 bonus points when you spend more than $5,000 on purchases in the first 90 days your account is open.
To break that down, it’s more than $750 in travel rewards through the Chase travel reward program. That’s a lot of money to spend on travel, and it’s highly beneficial to anyone who does any significant travel for work-related purposes. Aside from the sign-up bonus, too, there are a number of other enticing incentives offered by Chase with this card.
- Spend $1 earn 5 points on all purchases at office supply stores. These points are also available when you buy cell phones, cable television services, landline phones and/or internet services for your business purposes.
- Spend $1 earn 2 points on all purchases up to $50,000 at all gas stations and hotels. The only stipulation here is that the hotel rooms must be purchased directly through the hotel in which you are staying for the points to become valid.
- Spend $1 earn 1 point on all other purchases anytime you use this card to make any other purchases.
- Add any employee to the account as an authorized user with his or her own card at no cost to you – and you can decide whether or not to add a credit limit to any of their accounts
- No foreign transaction fees
- The annual fee is only $95 but it is not waived the first year
Travel Transfer Partners
When it comes to using this card, you’re earning points for travel. This is what makes this particular card such a good one for those who want to spend money on travel for business; otherwise the rewards are not all that useful.
When you use this card to purchase travel with points, you have your choice of airline partners and hotel partners to choose from including British Airways, United, Korean Air, Virgin Atlantic, Hyatt, Marriott and Ritz-Carlton properties.
Finally, it’s not that often you find a credit card for business purposes that does not charge you a foreign transaction fee when you leave the country. The Chase Ink is a card that forgoes those fees, which makes it a particularly valuable card for anyone to carry doing business out of the country.
The Chase Ink Business Credit card is one of the best for companies with two main requirements; travel perks and foreign travel. If you own a company that is interested in either of these categories, this is the card for you.
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