Business expenses are different than personal expenses because they are a necessity.
To the business, thus, they must be reimbursed. If a company doesn’t have a credit card like Chase Ink Business Credit Card, they will have to rely on checks or cash, which can be a hassle. Businesses must have credit cards because they are easily accessible and allow you to make purchases without worrying about checks or cash. Companies that rely on credit cards can increase their cash flow and manage their expenses better.
Those of you who own a business and are looking for a premier credit card might be looking for a card that offers a lot of perks. The Chase Ink Business Premier Credit Card provides points for your business, including cash back and other things. However, the card also comes with a $195 annual fee, which is not ideal for many.
Chase Ink Business Premier Credit Card offers new cardholders a $1,000 sign-up bonus. This is an excellent opportunity for anyone who wants to start keeping money in their business account. What sets this card apart from other cards is that it offers high-yield cash back and no foreign transaction fees. When you factor in these benefits, this card is perfect for you!
Benefits overview of Chase Ink Business Premier Credit Card
- Enjoy the $1,000 sign-up bonus
- Get 2.5% cashback on large purchases
- Provides Fraud Protection and Purchase Protection
- Offers Auto Rental Collision Damage Waiver
- Take advantage of the Travel and Emergency Assistance Services
- 24/7 access to account details
Things to know before applying
Annual Fee: The annual fee of the card is $195.
Late Payment Penalty Fee: Up to $40 or 2% of the transaction – whichever is higher.
Returned Payment Fee: NONE
Foreign Transaction Fee: NONE
Interest Rate: APR from 17.99% to 25.99%.
Minimum Credit Score needed: 670 or greater.
How to apply for Chase Ink Business Premier Credit Card?
To apply for the Chase Ink Business Premier Credit Card, you should head to the Chase website. There is a little work, but the application process is online and accessible. Furthermore, you must have the following:
- Name
- Address
- Contact number
- Government-issued IDs
- Bank statements and pay stubs
- Employment information
- Proof of address and citizenship
Fill out an application form available on the website, and then ensure that you provide personal info accurately. Chase will then contact you for further verification. If everything goes well and you get approved, review the terms and conditions and sign the contract.
Finally, you now have a credit card perfect for your business expense purchases!
