Chase is a consumer credit card powerhouse but is equally dominant in its business credit card offerings. Whether you’re coaching soccer on the weekends for a few extra dollars or running a major software sales business, 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 benefit your business long term, so the decision to secure a Chase business credit card shouldn’t be taken lightly. Managing your credit wisely with Chase can reap rewards far into the future.
We’ll have to say “trust us on this” because it’s difficult to realize the truth of these statements until you’ve secured one of its business cards, established a business relationship, and benefited directly.
With the potential for ongoing value as a foundation, join us as we look at a few key Chase business cards delivering cash-back, travel rewards, and other benefits any business owner can appreciate.
The Best Chase Ink Business Credit Cards in 2022
Now let’s explore some of the key features and benefits of these top Chase business cards.
The Ink Business Preferred card is a prime credit card for businesses that involve frequent travel.
First, you’ll be earning 3 points per dollar spent on the first $150,000 spent in combined purchases on your most common business expenses that include travel. You’ll also earn 3x points for common business expenses such as cable, shipping, internet, phone, and advertising, making it easy to accumulate points quickly, redeem for travel to offset business travel expenses, or even fund a family vacation.
The card has a $95 annual fee, but the value of the welcome bonus should offset that fee in the first year. If you take advantage of the ongoing value of the additional 25% when redeeming points for travel, you can potentially offset the annual fee in subsequent years, and that’s before taking into account the numerous other benefits.
We’ve written frequently about the many different ways that you can use Chase Ultimate Rewards for maximum value.
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 card rewards generously for common business purchases. With 5% cash-back spent (up to $25,000) on purchases at office supply stores, 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 (up to $25,000), so if your business requires road travel, the Ink Business Cash card could be a good fit. We found many valuable benefits of the Ink Business Cash card if you’re interested in more info.
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 card. Every purchase earns an unlimited 1.5% cash-back that could be invested directly back into the business.
Also, if your business has a large purchase, or purchases, coming up, the introductory 0% APR period could save you money when repaying the amount back over time without interest charges. Regular APR, as indicated in the table above, applies after the introductory period.
Additional Benefits of Chase Business Credit Cards
All 3 of these excellent Chase business credit cards come with the option to secure free credit cards for your employees. These additional cards 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.
The Best Chase Partner-Branded Business Credit Cards in 2022
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 Card||Benefits||Best For
|Southwest Rapid Rewards® Performance Business Credit Card|
(at Chase's secure site)
- Earn 80,000 points after you spend $5,000 on purchases in the first 3 months.
- 9,000 bonus points after your Cardmember anniversary.
- Earn 4X points on Southwest® purchases.
- Earn 3X points on Rapid Rewards® hotel and car partners.
- Earn 2X points on rideshare.
- Earn 2X points on social media and search engine advertising, internet, cable, and phone services and 1X points on all other purchases.
- 4 Upgraded Boardings per year when available.
- Global Entry or TSA PreCheck® Fee Credit.
- Good to Excellent (670-850)
- Annual Fee: $199
- Businesses that involve flying frequently on Southwest Airlines
|Southwest® Rapid Rewards® Premier Business Credit Card|
(at Chase's secure site)
- Earn 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open.
- 6,000 bonus points after your Cardmember anniversary.
- Earn 3X points on Southwest Airlines® purchases.
- Earn 2X points on Rapid Rewards® hotel and car partners.
- Earn 2X points on rideshare.
- 1 point per $1 spent on all other purchases.
- 2 EarlyBird Check-In® each year.
- Earn unlimited tier qualifying points towards A-List status.
- Good to Excellent (670-850)
- Annual Fee: $99
- Businesses that involve flying frequently on Southwest Airlines that are looking for a moderate annual fee
|United℠ Business Card|
(at Chase's secure site)
- Earn 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open.
- $0 introductory annual fee for the first year, then $99.
- Receive a 5,000-mile “better together” bonus each anniversary when you have both the UnitedSM Business Card and a personal United® credit card.
- Earn 2 miles per $1 spent on United® purchases, dining (including eligible delivery services), at gas stations, office supply stores, and on local transit and commuting
- Earn 1 mile per $1 spent on all other purchases. Plus, employee cards at no additional cost – miles earned from their purchases accrue in your account so you can earn rewards faster.
- Enjoy a free first checked bag – a savings of up to $140 per roundtrip (terms apply), 2 United ClubSM one-time passes per year, and priority boarding privileges.
- $100 United® travel credit after 7 United® flight purchases of $100 or more each anniversary year.
- Good to Excellent Credit Recommended (670-850)
- Annual Fee: $0 intro annual fee for the first year, then $99.
- Businesses that involve flying frequently on United Airlines
- Businesses that want to earn United miles on more than just airline purchases.
|United Club℠ Business Card|
- Earn 75,000 bonus miles after spending $5,000 in the first 3 months after approval
- Earn 2 bonus miles per dollar spent on United purchases
- Earn 1.5 bonus miles per dollar spent on all other
- Complimentary United Club membership, Premier access, and 2 free checked bags on United
- Annual Fee: $450
- Businesses that involve frequent travel and value elite-style perks when flying United, including complimentary United Club access
For elevated earnings on Southwest Airlines and on common business expenses, the Southwest Performance Business card will cover those bases.
The card earns 4x points on Southwest purchases, 3x points on Rapid Rewards hotel and car partners, and 2x points on rideshare, social media/search engine ads, internet, cable, and phone services.
The card comes with 4 Upgraded Boardings for Southwest flights and Global Entry/TSA PreCheck/Nexus fee reimbursement. Plus, you’ll receive 9,000 bonus points after the card’s anniversary.
The Southwest Premier Business card could be a good 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 3x on Southwest purchases, 2x on Rapid Rewards hotel and car partners, and rideshare, then 1x 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 Airlines points can provide value to your business, and you don’t mind the annual fee, it’s a card to consider.
You can’t go wrong with the United 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 welcome bonus just adds to the value of securing the card.
United Club℠ Business Card
If your business travel could be enhanced with some time at the United Club airport lounge, the United Club Business card might be worth consideration.
You’ll receive complimentary United Club membership and United flight benefits with the card, as well as 2x miles per dollar spent on United. All other purchases earn 1.5 miles per dollar spent.
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 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 its 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, however, 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 business 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.
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 number 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. 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 welcome 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 “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 welcome bonus. Once you receive your card (usually in 7 to 10 business days) you can call and confirm your offer and the cut-off date for your sign-up bonus spending.
With Chase’s diverse portfolio of card offerings, it’s possible to select a combination of Chase business cards that rewards all of your business spending.
You’ll want to make sure you’re considering Chase’s 5/24 rule during the process, and also include one of its premium cards in the mix to gain additional redemption value for your Ultimate Rewards points through the travel portal.
The information regarding the United Club℠ Business Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.