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Chase ink credit card – 5x category tips and increase odds of approval

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Chase Ink Plus Business Card

Chase ink credit card – 5x category tips and increase odds of approval

Chase Ink cash and Chase Ink credit card are probably the best card you can get for your business. The credit card also has one of the best sign-up bonus for corporate credit cards.

Look below for few tips regarding how you can maximize you rewards with these credit cards.

Chase Ink cash Business credit card

Chase Ink Cash Business Card

Sign-up bonusEarn $300 bonus cash back after you spend $3,000 on purchases in
the first 3 months after account opening.*
Annual fees$0
Credit score requirementExcellent credit
Points system5X points on office supplies and cable/telecom services, up to $50,000 spent annually
2X points on gas and hotels, also up to $50,000 spent annually
1 point on all other purchases
Best featureThis card is best for you, if you can utilize the 5x segment to the max.

Chase Ink plus Business credit card

Chase Ink Plus Business Card

Sign-up bonusEarn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
Annual fees$95
APRAPR
15.49%–19.49% variable APR.
Credit score requirementExcellent credit
Points system5X points on office supplies and cable/telecom services, up to $50,000 spent annually
2X points on gas and hotels, also up to $50,000 spent annually
1 point on all other purchases
Best featureThis card is best for you, if you can utilize the 5x segment to the max.

Tips to maximize the odds of approval

  • Have atleast one previous credit card or paid trade lines or loans for the business before applying for Chase ink.
  • Have excellent credit score (720+ recommended)
  • Have no derogatory marks on the accounts.
  • No missed payments in the last 24 months
  • Age of credit score atleast 1 year and 6 months. If you are just building your credit, don’t even bother applying.
  • Have no more than 5 credit cards approved from chase in the last 24 months
  • Keep your credit card utilization under 30% when applying

Tips to maximize rewards

Sign-up for a PayPal account and attach your Chase Ink credit card.  Always use PayPal for your business payments when your supplier has that option. All payments made through PayPal will get you 5x points. Remember the 5x points is valid only for the first $50,000 spent in a year. If you are using Chase Ink plus credit card, thats about 250,000 points you can accumulate in this category (worth $3500).

Sign-up link

Chase Ink Cash credit card

Chase Ink plus credit card

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