The 6 Best Chase Business Credit Cards for Cash-Back and Rewards

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Chase is a consumer credit card powerhouse and equally dominant in their business credit card offerings. Whether you’re coaching soccer on the weekends for a few extra dollars or running a major software sales operation, there’s a Chase business credit card that can deliver a bounty of benefits to your business.

A financial relationship with Chase can be a valuable asset that can help your business long term, so you shouldn’t decide to secure a Chase business credit card lightly. Managing your credit wisely with Chase can reap rewards far into the future.

I’ll have to say “trust me on this” because you won’t realize the truth of these statements until you’ve secured one of their business cards and benefited directly.

With that said, let’s take a look at a few key Chase business cards delivering cash-back, travel rewards, and other benefits any business owner can appreciate.

The Best Chase Business Credit Cards

Below we’ll dig into the details of these Chase business cards, their perks, benefits and welcome bonuses.

Ink Business Preferred℠ Credit Card (Our Favorite)

The Ink Business Preferred℠ Credit Card is a prime credit card for businesses with travel expenses. The card rewards travel purchases and redeems points through the Chase Ultimate Rewards® travel portal for an additional 25% more in value.

Earning 3 points per dollar spent on your most common business expenses including travel, cable, shipping, internet, phone, and advertising allows you to accumulate points quickly — and redeem for travel to offset business travel expenses or even fund a family vacation.

The card has a $95 annual fee, but the sign-up bonus should offset it for the first year. If you take advantage of the ongoing value of the additional 25% when redeeming points for travel, you can offset the annual fee in subsequent years, and that’s before taking into account the numerous other benefits. We’ve talked about the many different ways that you can use Chase Ultimate Rewards for maximum value.

Ink Business Cash℠ Credit Card

Small businesses just starting out can always use more cash, so having a business credit card that earns cash-back on every business expense can be a real plus.

The Ink Business Cash℠ Credit Card rewards generously for purchases in categories in which many small businesses have heavy spending. With 5% cash-back spent on purchases at office supply stores and internet, cable and phone services, your earnings can add up quickly and be invested directly back into the business.

Restaurant and gas station spending earns 2% cash-back, so if your business requires road travel, the Ink Business Cash℠ Credit Card could be a good fit. (We found 21 valuable benefits of the Ink Business Cash℠ Credit Card if you need more info.)

Hot Tip: Your business can take advantage of the introductory 0% APR for 12 months to transfer a balance or pay off a large purchase over time without incurring interest charges.

Ink Business® Unlimited Credit Card

The busy business owner who doesn’t want to be bothered keeping track of bonus categories and quarterly promotions will enjoy the simplicity of the no-annual-fee Ink Business® Unlimited Credit Card. Every purchase earns unlimited 1.5% cash-back that can be invested directly back into the business.

With an introductory 0% APR period of 12 months for both purchases and 0% APR period for balance transfers, businesses can make large purchases without having to incur any interest expense. After the 12-month period, a variable APR of 15.24%-21.24% applies. 

You can also transfer high-interest credit card balances that can be paid off during the 0% APR period.

Additional Benefits of Chase Business Credit Cards

All 3 of these excellent Chase business credit cards come with additional free credit cards for your employees. These cards will enable you to keep track of their spending and earn even more cash-back or travel rewards on business expenses you’d otherwise reimburse.

All Chase business credit cards come with strong travel and purchase protections and Visa Signature benefits.

Bottom Line: Having multiple Chase business credit cards allows you to receive the maximum value for your rewards. You can do this because Chase cash-back business cards earn Ultimate Rewards® Points that can be redeemed for cash or transferred to a Chase premium credit card for increased redemption value through the Ultimate Rewards travel portal

Hotel room with welcome amenity
Chase rewards-earning credit cards can deliver travel perks, benefits, and even free travel. Image by Christine Krzyszton.

Chase Partner-Branded Business Credit Cards

If your business involves travel, you’re sure to benefit from these Chase partner-branded business credit cards that earn points or miles you can use to offset your business travel expenses or fund a personal vacation.

Chase Partner-branded Credit CardBenefitsBest For
Marriott Rewards® Premier Business Card
  • 80,000 pts after spending $3,000 in the first 3 months
  • 5 pts/$1 for all purchases at Marriott/SPG
  • 2 pts/$1 spent on car rentals, restaurants, office supply stores, internet, cable, and phone services
  • One free night every card anniversary year
  • 15 nights credit toward elite status
  • $99 Annual fee is waived first year
  • Businesses who frequent Marriott and affiliated properties
United MileagePlus® Business Credit Card
  • Earn 50,000 miles after spending $1,000 in the first 3 months
  • 2 miles/$1 for all purchases with United Airlines, restaurants, gas stations, office supply stores
  • 2 one-time lounge passes annually
  • Free checked bag for cardholder and companion
  • $95 Annual fee is waived first year.
  • Businesses that involve flying frequently on United Airlines
  • Businesses that have want to earn United miles on more than just airline purchases.
Southwest Rapid Rewards® Premier Business
  • 60,000 Southwest miles after spending $3000 in the first 3 months after card approval
  • 2 miles/dollar spent on Southwest Airlines and 1 mile/dollar all other purchases
  • 6000 Southwest miles at card renewal
  • Jump start to Rapid Rewards® elite status - 1500 tier points after spending $10,000 annually
  • Businesses that involve flying frequently on Southwest Airlines

Southwest Rapid Rewards® Premier Business

The Southwest Rapid Rewards® Premier Business card is an obvious choice if you or your employees frequently fly on Southwest Airlines.

While the card doesn’t offer a lot of travel benefits, you’ll earn 2 miles per dollar spent Southwest Airlines and 1 mile per dollar on all other purchases.

The card has an annual fee of $99. However, the typical sign-up bonus can be 40,000 to 60,000 miles, which can more than offset the first annual fee. If earning Southwest Airline miles can provide value to your business, and you don’t mind the annual fee, it’s a card to consider.

United MileagePlus® Business

You can’t go wrong with the United MileagePlus® Business card if your business has frequent travel on United Airlines.

Just the savings from not having to pay for a checked bag may offset the annual fee (which starts in the second year), and the free travel earned from the sign-up bonus is icing on the cake.

Hot Tip: Although the card earns 2 miles per dollar spent on office supply stores, gas, and restaurants in addition to United Airlines, if you’re not an avid United flyer, you could earn more another Chase business credit card such as the Ink Business Cash℠ Credit Card. The Ink Business Cash℠ Credit Card has 5% cash-back at office supply stores, internet, cable and phone services in addition to 2% cash-back on restaurants and gas stations.

Marriott Rewards® Premier Business

The Marriott Rewards Premier Business card is the perfect card for business travelers who frequent Marriott, Starwood, or Ritz-Carlton properties.

The card comes with entry-level elite status, earns 5 points per dollar on spending at all qualifying properties and 2 points per dollar on car rentals, restaurants, office supply stores, internet, cable, and phone services.

Add in a free hotel night each card anniversary year, a 5th night free when you book 4 nights, plus the ability to earn points when holding your meetings at a Marriott property, and the card becomes quite valuable for the business owner.

The $99 annual fee (waived the first year) is more than offset by the annual free night, which can easily exceed $99 in value.

There’s so much value in having the Marriott Rewards Premier Business card if Marriott is your brand of choice. Our expert has written a comprehensive guide on how to maximize the card for the best value to your business.

Bottom Line: A partner-branded Chase business credit card is a good choice if you frequent that brand; otherwise, select a business credit card that rewards all travel purchases and offers favorable redemption values on travel, such as the Ink Business Preferred℠ Credit Card

Why Do I Need a Business Credit Card?

Definition of a Small Business

The IRS is the most reliable source for determining what constitutes a business, so we’ll use their definition of whether you have a legitimate business that could potentially qualify for a business credit card.

According to the IRS, “Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit.”

Even if your business activity is small, it can still qualify as a business as long as it has “the reasonable expectation of earning a profit.” Whether the credit card issuer will approve you is another matter, but because your personal credit will play a significant role in getting approved, you can still qualify with little or no initial business income.

Bottom Line: No matter how small your business, you may still be approved for a business credit card if your personal credit history is strong. 

5 Reasons You Should Have a Business Credit Card

  • Keep personal and business expenses separate: Separating expenses is the primary reason to have a business card.
  • Cleaner records: Business credit cards offer annual statements and tracking tools that make record keeping easier.
  • Employee spending: Chase business cards provide free employee cards that help you keep track of employee purchases.
  • Rewards: A rewards-earning business credit card brings more value back into your business in the form of cash-back, free travel, or benefits and perks.
  • Cash flow: In months of low revenue, a business credit card can help temporarily bridge the gap until cash flow improves.

How to Apply for a Chase Business Credit Card

Before you apply for a card, you’ll want to look into the following:

The Chase 5/24 Rule

This unwritten rule, confirmed by data points from actual credit card applicants, refers to Chase’s practice of not approving certain new Chase credit cards for applicants who have opened 5 or more total credit cards from any issuer in the past 24 months.

Before you apply for any Chase credit card, you’ll want to review our complete guide to the Chase 5/24 Rule.

 

Business credit card application
It’s important to be as accurate as possible when completing a business credit card application. Image courtesy of Chase.

Gathering Your Business Information

Before you complete the Chase business credit card application, you’ll want to be prepared and gather the necessary information in advance.

  • The legal name of your business if it has one. If not, use your personal name.
  • Your business entity (sole proprietor, partnership, S corporation, limited liability company).
  • Tax ID number, or your Social Security if you don’t have an Employer Identification Number.
  • The number of years you’ve been in business.
  • Estimated business income and total personal income (you can put zero for business income if the business is new).
  • Business address, even if it’s your personal address.
  • Business phone number.
  • Category of business plus the business type and sub-type. For example, business category: professional; business type: accounting; business sub-type: tax preparation.
  • The number of employees.
  • Possible additional personal information.

Know Your Credit Score

Your personal credit plays a huge role in whether you’ll qualify for a business credit card, so you should know your credit score before applying for a Chase business credit card.

You can access your credit score for free from several sources. Discover has a free tool anyone can use, plus Credit Karma and Credit Sesame provide options for obtaining your credit score without charge. You should also be monitoring your credit score regularly.

Hot Tip: Our expert guide gives you everything you need to know about how your credit score is determined and how to view your credit score for free.

Essential Tips for Completing the Chase Business Credit Card Application

  • Don’t wing it. Chase is discerning when it comes to issuing credit, so take the application seriously and be as accurate as possible.
  • Print a copy of the application. If for any reason your application is not approved, or Chase requests more information, you might need to speak with a representative. You’ll want to have all of the information in front of you during the conversation.
  • Document the offer you’re applying for. Take a simple screenshot of the credit card offer for your records. For example, if you’re applying for an 80,000-point sign-up bonus for spending $5,000 in the first 3 months after card approval and the points don’t show up, you’ll have documentation of the offer.
  • You may want to apply in person. If you have a current business relationship with Chase, you should leverage that relationship by applying in person at your local branch.
  • Complete the application in full. Don’t leave any spaces blank. If the information does not apply to your business, write in N/A.

After You’ve Submitted the Application

You may not receive an immediate decision once you apply, as your application may require manual review. Here’s how to handle each possibility.

Denied: Call the business credit card reconsideration line. You may be able to move around credit limits from other cards and get approved, or you may be able to provide additional information that changes the decision.

Pending: It doesn’t hurt to call, as there might be information needed to facilitate approval.

Approved: Once you’re approved, the clock starts ticking. You will have limited time to complete the spending required to receive your sign-up bonus. Once you receive your card (usually in 7-10 business days), you can call and confirm your offer and the cut-off date for your sign-up bonus spending.

Final Thoughts

Putting together a combination of Chase business cards that reward all of your business spending is simple with such a diverse portfolio of cards.

You’ll want to make sure you’re considering Chase’s 5/24 rule during the process, and also include one of their premium cards in the mix to gain additional redemption value for your Ultimate Rewards® Points through the travel portal.

Bottom Line: If you manage your Chase credit wisely, your business will reap the rewards.

FAQ

How do business credit cards work?

Business credit cards allow you to pay for all of your business expenses with the card, which keeps them separate from your personal expenses.

When you apply for a business credit card, you’ll still be using your personal credit history to qualify because you’ll be personally responsible for any charges on the card.

How much income does my business need to qualify for a business credit card?

Your business does not need to have a certain level of income to apply for a business credit card. Your personal credit history and income will play a large role in whether you get approved.

When you apply for the card, you’ll be asked about your business income, but you’ll also need to provide your personal information, as you’ll be personally responsible for paying for any charges incurred.

How many Chase business cards can I have?

There is not a specific limit for the number of Chase business cards you can have because Chase will consider the amount of total credit you have with them, your credit history, your income, and other factors it deems pertinent to determine whether to approve you for a specific card.

We do know that you can only be approved for 2 Chase credit cards within a 30-day period and the Chase 5/24 rule can come in to play regarding the number and types of cards you’re approved for.

Are Chase business cards hard to get?

Chase is not the easiest credit card issuer for approvals, so you’ll want to be sure to fill out your application completely, accurately, and be prepared to discuss your business with a representative if necessary.

The effort it may take to secure Chase business cards is worth it, however, as Chase can be a valuable asset to your business in the long run.

Can I use my Chase business credit card for personal expenses?

Technically, you can use your Chase business card for a personal expense. However, it is not recommended. One of the primary reasons to secure a business credit card is to keep business and personal expenses separate.

Also, there can be confusion at tax time as you try to determine which expenses on the card were personal and which were business.

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Ink Business Preferred℠ Credit Card

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