There’s been a lot of news over the past week revolving around Chase cards, and they just dropped a few new offers on some of their most popular business card products.
Here’s everything you need to know.
Offer #1: Sapphire Reserve for Business℠
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NEW: Earn 200,000 bonus points after spending $30,000 in your first 6-months from account opening.
Chase dropped an awesome new welcome offer on one of their most popular business credit cards, the Sapphire Reserve for Business.
You can currently earn 200,000 bonus points after you spend $30,000 on purchases in the first 6-months of account opening. That is both a huge bonus, and a huge spend requirement. Rightfully so, as this card comes with an annual fee of $795.
Luckily the spend requirement is spread out over 6-months, so it comes out to an average of $5,000 monthly spend to meet the full $30,000 by the 6-month mark.
That said, there’s some incredible perks that come with the card that are similar to some of the perks that you get with the consumer version, the Chase Sapphire Reserve®. For example, you’ll earn 4x points on airfare and hotels booked direct. If you’re a business with a hefty travel spend, those points can really add up.
The credits that come with this card are pretty great as well. Chase mentions that you can get $7,000+ in value your first year when taking advantage of the welcome offer and all of the different credits and perks, and a continued $3,000+ in annual value after your first year.
Offer #2: Ink Business Unlimited® Credit Card
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NEW: Earn $1,000 bonus cash back after spending $8,000 in your first 4-months from account opening.
If you were to ask me my favorite of the three offers that dropped, it would without a doubt be this one. However, it’s only if you already have an Ultimate Rewards earning card like the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve. The reason is simple, if you have an Ultimate Rewards earning card, and this card, you can “move” your cash back to your points earning card at a 1:1 rate.
That means that this offer can essentially be worth 100,000 Ultimate Rewards points versus cash back, which are incredibly valuable.
Since this card has a $0 annual fee, the offer brings such a strong value prop.
This is a card that I have personally had for a long time, and is a great everyday card earning 1.5% cash back on every dollar (or 1.5x points with the right card).
Combine this with fact that the card also comes with a 0% intro APR for 12 months from account opening (after that 16.74% – 24.74% variable APR), and you’ve got such a strong card for a card with no annual fee.
Offer #3: Ink Business Cash® Credit Card
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NEW: Earn $1,000 bonus cash back after spending $8,000 in your first 4-months from account opening.
The Ink Business Cash card is another great card with the same option as the Ink Business Unlimited where you can “move” your cash back to your Ultimate Rewards point earning card at a 1:1 rate, making this an excellent opportunity to potentially earn 100,000 Chase Ultimate Rewards Points versus the $1,000 cash back.
This card also has a $0 Annual Fee.
The Ink Business Cash card is best if you have a high spend at office supply stores, and on internet, cable and phone services, as you’ll earn 5% cash back (or 5x points with the right card) on up to the first $25,000 in combined spend each account anniversary year, and then 1% cash back after that.
There’s an additional multiplier where you can earn 2% cash back on dining and gas each account anniversary year on up to the first $25,000 in combined spend for these two categories, and then 1% cash back after that.
Everything else earns 1% cash back, so if you don’t have a high spend in one of those categories, I may lean towards the Unlimited as the better option here.
Similar to the Ink Business Unlimited, this card also offers a 0% intro APR for 12 months from account opening on purchase (after that, 16.74% – 24.74% variable APR)
Final Take:
If you’re someone who already has an Ultimate Rewards Points earning card, these are all excellent offers to look into.
That said, as someone who already holds the Ink Business Unlimited, I’m a bit biased towards that card and do think that it is the stronger appeal here due to the 1.5% (or 1.5x) everyday earning rate, making it a great everyday card.
Though with the Ink Business Unlimited and Ink Business Cash both having a $0 annual fee, both are great options. The Sapphire Reserve for Business is also excellent if you can meet the minimum spend requirement, and can use all of the credits to get enough value out of the annual fee.
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Editorial Disclosure: The opinions are Pat’s alone. This content is not reviewed or endorsed by any entities.
