The Chase Ink Business Unlimited Credit Card is a no-annual-fee business card that earns 1.5% cash back on all eligible purchases. Chase issues it as part of the Ink Business suite and connects it to the Ultimate Rewards ecosystem.
The card’s primary distinction from competing 1.5% flat-rate cards is the ability to combine earned rewards with a premium Chase card to access Ultimate Rewards transfer partners.
What the product is structurally
Structurally, the Ink Business Unlimited is a Visa Business credit card on a revolving credit line. The 1.5% cash back is earned as Ultimate Rewards points, held at 1 cent per point in the card’s redemption system.
On its own, the card redeems for cash back at 1 cent per point. However, cardholders who also hold a premium Chase card — such as the Ink Business Preferred, Chase Sapphire Preferred, or Chase Sapphire Reserve — can combine their rewards pools and transfer points to Chase’s airline and hotel partners at a 1:1 ratio.
Employee cards are available at no additional cost. All employee purchases earn toward the primary account’s points balance.
How it works in practice
Every eligible purchase earns 1.5% in Ultimate Rewards points. There are no bonus categories, no rotating structure, and no annual spending cap on the base rate.
The welcome bonus is $750 cash back (as 75,000 Ultimate Rewards points) after spending $6,000 within the first three months of account opening. When combined with a premium Chase card, these 75,000 points become transferable to airline and hotel partners.
Transfer partners accessible through a combined Chase account include United MileagePlus, Hyatt World of Hyatt, Southwest Rapid Rewards, British Airways Avios, Air France-KLM Flying Blue, and others at a 1:1 ratio.
Fees and pricing mechanics
There is no annual fee. Chase does not charge foreign transaction fees on the Ink Business Unlimited.
Rewards are earned and visible in the Chase Ultimate Rewards portal. Redemption for cash back, direct deposit, or statement credit is available at 1 cent per point. Travel redemptions through Chase Travel portal provide 1 cent per point for standard redemptions.
The variable APR applies to any unpaid balance after the statement due date.
Limits, eligibility, and availability
The card is available to U.S. businesses. Chase evaluates both the business’s creditworthiness and the personal credit of the applicant, who provides a personal guaranty.
Chase’s 5/24 rule applies to the Ink Business Unlimited. This internal guideline generally declines applications from individuals who have opened five or more new personal credit card accounts across all issuers in the previous 24 months.
The card is not available to non-U.S. residents.
Tradeoffs, risks, or limitations
Without a premium Chase card to combine points, the Ink Business Unlimited operates as a 1.5% cash back card — identical in functional value to the no-annual-fee competitors. The transferable points advantage only activates through a second card with an annual fee.
The 1.5% earn rate is lower than the 2% available on several no-annual-fee business cards. For businesses that do not hold or plan to hold a premium Chase card, the earn rate disadvantage is a meaningful consideration.
Chase’s 5/24 rule limits access for individuals who have recently opened multiple credit accounts. Business owners who have been active credit card applicants may find themselves ineligible despite having strong business credit.
The $6,000 spend threshold for the welcome bonus is sizable for a no-annual-fee card, though the $750 bonus itself is competitive at this tier.
See also: Chase Ink Business Cash Card Review, Chase Ink Business Preferred Card Review
