With the same benefits as the Ink Bold, the Chase Ink Plus Business card tops our list for its generous sign-up bonus, category payouts, club lounge benefit, and valuable point currency, which can be transferred to partners like Hyatt and United.
The reason this version came ahead of the Ink Bold is because it is not a charge card and thus cardholders can carry a balance on it. Though in all fairness, you shouldn’t carry a balance or pay interest on any card – let alone a rewards card. Still, you have that flexibility, just in case.
The generous 50,000 point sign-up bonus (earned after $5,000 spent within three months), is worth $625 if redeemed directly with Ultimate Rewards. Otherwise, points can be transferred to one of 10 rewards partners at a 1:1 ratio:
- Amtrak Guest Rewards
- British Airways
- Hyatt Gold Passport
- IHG Rewards
- Korean Air Skypass
- Marriott Rewards
- Ritz Carlton Rewards
- Southwest Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
Cardholders can redeem their points for 2-11 nights at Hyatt hotels; 10 nights at IHG PointBreaks properties; 2 roundtrip domestic economy tickets; 12 short-haul, one-way domestic flights using British Airways Avios; a one-way flight to Europe in Business Class; among many other options.
The 5x point payout on cable, tv, cellphone, landline, internet, and office supply stores is a nice bonus. The 2x points per dollar spent at gas stations and on hotel accommodations also helps cover common spending categories. This bonus is especially useful when traveling abroad, as the card has zero foreign transaction fees.
The $95 annual fee is waived the first year, but can be worthwhile if you’re maximizing your category bonuses. Overall, this is a solid card with a generous bonus, high category payouts, and great ongoing benefits.
Do you agree or disagree with our ranking of the Top 30 credit cards? Please comment below.
Ink Plus® Business Card
- Annual Fee: $95 fee waived for the first year
- Foreign Fees: No
- Card Type: Business
Ink Plus is a great business card with generous benefits. Not only does this card currently have one of the highest sign-up bonuses on the market, but earning points is easy with generous 2x and 5x payouts in several daily spend categories.
Complimentary annual airport club lounge access makes up for the $95 annual fee, which is waived the first year. Overall, this is an excellent card that can help generate lots of Ultimate Rewards points, which can be transferred at a 1:1 ratio and easily redeemed with partners like United and Hyatt.
- Earn 50,000 bonus points after you spend $5,000 in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards.
- Flexibility to pay your balance over time or in full
- Earn 5X points per $1 on the first $50,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services
- Earn 2X points per $1 on the first $50,000 spent annually at gas stations and for hotel accommodations when purchased directly with the hotel
- No foreign transaction fees
- 1:1 point transfer to popular frequent travel programs with no transfer fees
- $0 Intro Annual Fee for the first year, then $95.