Chase Ink Plus Business Credit Card (Review)

When it comes to business credit cards, the Chase Ink family of cards is among the best business rewards cards available. This review focuses on the Chase Ink Plus business credit card.

The Chase Ink Plus card is one of my favorite business cards for a variety of reasons, including…

* A generous new member bonus (typically 50,000 bonus points when you spend $5,000 in purchases on the card in the first 3 months from account opening)

* Generous ongoing point earning opportunities, as follows:
– 5 points per dollar spent at office supply stores
– 5 points per dollar spent on cell phone and land line services
– 5 points per dollar spent on internet services
– 5 points per dollar spent on cable tv services
– 2 points per dollar spent at gas stations
– 2 points per dollar spent on hotel accommodations
– 1 point per dollar on everything else

* Points do not expire

* You have the option of paying your balance in full each month, or paying over time

What makes Chase Ink Plus points especially valuable is that they are “Chase Ultimate Rewards” points, which I have found to be among the most valuable of any reward points available.

For example, you can redeem your Ultimate Rewards points for cash back, gift cards, and travel rewards, just to name a few options. (A good rule of thumb when redeeming your points for cash back or gift cards is that 100 points equal $1. So your 50,000 point bonus is worth $500 in cash back or gift cards.)

But what really sets Chase Ink Plus apart from other points programs is that you can transfer your Chase Ultimate Rewards points to partner programs on a 1:1 basis, with NO transfer fees. Participating partners include the following:

* Southwest Airlines
* British Airways
* United Airlines
* Virgin Atlantic Airlines
* Korean Air
* Amtrak
* Marriott
* Hyatt
* Ritz-Carlton
* IHG Hotels

Taking advantage of the points transfer options will often prove to be a better value than simply converting your points into cash or gift cards. As you can see, Chase Ultimate Rewards give you far more flexibility in redeeming your points than most other points programs.

The only downside to the Chase Ink Plus card is that it carries an annual fee of $95, but this is waived during the first year.

Overall, I consider the Chase Ink Plus card to be one of the best business rewards cards available, and I give it my highest recommendation.