Is the Ink Business Unlimited credit card right for me?

With dozens of different rewards credit cards to choose from, it can be difficult to sort through all of your options and pick the right one. Understanding if a rewards card is right for you is almost always a matter of looking at your own spending habits first, and then understanding which perks, perks, and fees will give you the greatest return on your investment.

Sign-up bonus

If a high signup bonus is important to you, then the Ink Business Unlimited® credit card offers a relatively strong option: Earn $ 750 in bonus cash after spending $ 7,500 on purchases in the first 3 months after opening the account.

This bonus is all the more valuable as the Ink Business Unlimited® credit card is a free card, the bonus is therefore not offset by the money you have to pay to keep the card open.

If you are looking for an even higher signup bonus, then the Ink Business Preferred® Credit Card has this offer: Earn 100,000 bonus points after spending $ 15,000 on purchases in the first 3 months after opening the account. This is $ 1,000 or $ 1,250 cash back for travel when redeemed through Chase Ultimate Rewards®.

0% introductory APR

Another advantage over the Ink Business Unlimited® credit card comes in the form of an APR offer: Introductory APR of 0% on purchases for 12 months, then ongoing APR from 13.24% to 19.24% variable APR. This means that you don’t have to pay interest on the balance you carry on the card for the first year you have it, which can be useful if you have a large purchase to make. It is important to note, however, that if you keep a balance after the first year, you will be responsible for paying the interest on it.

A 0% APR per year is a big plus, but if you’re looking to save even more on interest, you might want to check out the HSBC Gold Mastercard® credit card who offers 0% introductory APR on credit card purchases and balance transfers for the first 18 months from account opening, then a variable APR of 12.99% to 22.99% will apply.

If you are already an Ultimate Rewards collector

Chase Ultimate Rewards has proven to be one of the most valuable and popular travel rewards programs. If you already have an Ultimate Rewards earning card, the Ink Business Unlimited® credit card could be one more to consider adding to your collection.

You can use your $ 500 signup bonus as 50,000 Ultimate Rewards points, and Chase makes it easy to transfer your points between your different accounts. In addition, your points could be of even greater value if you have a Chase rewards card that offers a redemption bonus.

For example, the Chase Sapphire Reserve® offers a 50% bonus for the points used in its travel portal, which means that your registration bonus of 50,000 points on the Ink Business Unlimited® credit card could be worth 75,000 Ultimate Rewards points if transferred to your Chase Sapphire Reserve®.

Bonus expenses

One of the most important things you should do before signing up for a rewards credit card is to examine your spending and see how it matches that card’s bonus spending categories. Traditional bonus categories include things like dining, travel, and grocery shopping.

However, if you find that the majority of your expenses do not fall into these categories, then the Ink Business Unlimited® credit card might be the right card for you. the Ink Business Unlimited® credit card does not offer any special bonus category. Instead, the card gives you 1.5% cash back on every dollar you spend.

The card also makes sense if your spending exceeds the reward limits that exist on other cards. For example, the Ink Business Cash® credit card will reimburse you 5% on your Internet, cable and telephone bills, as well as office supplies up to the first $ 25,000 you spend in these categories each year. the Ink Business Unlimited® credit card, on the other hand, has no spending limit on its bonus cash back rewards, so you never stop winning.

The bottom line

the Ink Business Unlimited® credit card is a well-balanced card that offers value through several different benefits:

  • Registration bonus: Earn $ 750 in bonus cash after spending $ 7,500 on purchases in the first 3 months after opening the account.

  • 1.5% cash back on all expenses.

All of these benefits mean it’s easy to get value for every dollar you spend on the Ink Business Unlimited® credit card.

However, if you want a 0% longer introductory period, or have high spending in the bonus categories offered on other cards, you may want to consider some of the other options we have mentioned.

How to Maximize Your Rewards

You want a travel credit card that prioritizes what’s important to you. Here are our choices for the best travel credit cards of 2021, including those that are best suited:

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About Lois Mendez

Lois Mendez

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