The Chase Ink Plus is unique because it earns Ultimate Rewards points you can transfer into real miles and points with several participating frequent traveler programs like United MileagePlus, Southwest Rapid Rewards, Marriott Rewards, and more. 1,000 Ultimate Rewards points = 1,000 partner points. It also comes with these features:
If you have a small business and are interested in earning United or Southwest points with a credit card, consider the Chase Ink Plus. It’s a lot like the Chase Sapphire Preferred card you might have heard of.
The biggest benefit of the Ink Plus is the Ultimate Rewards program that gives you three great ways you can use your points for travel, so you’ll always find a way to get value out of them:
Transfer to airline and hotel partners. In general, the most valuable way to redeem your Chase Ultimate Rewards points is to transfer them to one of Chase’s airline and hotel transfer partners like United MileagePlus or Southwest Rapid Rewards.
If you do this, you will gain points with the program that you transfer the points to and will need to redeem your points according to that program’s rules. It can be tough to find award availability to use your points this way, but if you can you will often be getting the most value out of your points. Value is variable when utilizing this method, so make sure to check how much you will be saving by using your points before using this method.
Book travel via the Chase website. The second best way to redeem your points is through Chase’s travel portal. When you redeem your points through the travel portal, each point is worth 1.25 cents. So 10,000 points gets you $125 in travel.
Get cash back. If you aren’t able to use your points by transferring them to an airline transfer partner or through Chase’s travel portal, the next best way to redeem your points is via cash back. When using your Ultimate Rewards for cash back, they are worth one cent each.
The airlines that you are able to book with your Ultimate Rewards points is dependent on how you are using your points.
If you are planning to transfer your points to one of Chase’s travel partners, you can book flights on any of the following airlines as well as their partners:
If you are going to use your points through Chase’s travel portal, you’ll be able to book any flight options that show up in your search.
In general, these options should be similar to the results you would see on Kayak, Orbitz, or another online travel agent, but will not always be exactly the same.
If you convert your Ultimate Rewards to cash, you can book any flight that you want.
Your options to use your points are limitless, and if you have some United miles or Southwest points, topping them off is a great idea, but some redemptions do present better value than others. Here are four of our favorites that take advantage of Chase Ultimate Rewards transfer partners:
Utilize Flying Blue’s 50% Off Promo Awards to fly two people roundtrip between the U.S. and Europe for only 50,000 Flying Blue miles (25,000 per person) in economy on Delta, Air France, KLM, or Alitalia.
Fly in Singapore Airlines’ Suites Class from New York to Frankfurt. After making use of their online 15% discount, you can book a one-way ticket for only 57,375 Singapore KrisFlyer miles.
Take the family to Hawaii. Korean Airlines charges 12,500 miles to fly each way between anywhere in the U.S. and Hawaii in economy. You could cover one-way flights for a family of four with 50,000 Ultimate Rewards transferred to Korean Skypass.
If you want to add an extra destination to your next trip, use 45,000 United miles to fly in business class one-way between Europe and Central Asia (including India) or the Middle East.
The Ink Plus earns:
5 Ultimate Rewards points per dollar spent on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year
2 Ultimate Rewards points per dollar spent on the first $50,000 spent in combined purchases at gas stations and hotel accommodations purchased directly with the hotel each account anniversary year
1 Ultimate Reward point per dollar spent on all other purchases.
Office supplies consists of what you would generally consider like Officemax and Office Depot stores, as well as some other services that you may or may not consider like eBay/PayPal Digital Gifts, GoDaddy, Google Fiber, Netflix, Serius XM, Spotify, and more.
Knowing that those purchases would count, it is worth noting that Apple iTunes/Apple Music Subscription, eBay/GiftCardMall, and others do not count.
Sometimes it is not possible to know if a purchase will count as part of the bonus category ahead of time, but worth following up on how many points were earned for future purchases.
Cell phone, landline, internet, and cable TV purchases that earn 5 Ultimate Rewards points per dollar spent are generally going to be what you expect, and so are gas purchases that earn 2 Ultimate Rewards per dollar spent. Keep your eye out at your local office supply store for gas station gift cards as you may be able to increase your points earning even further.
The Ink Plus and Ink Cash credit cards are very similar, but adding the no-annual fee Ink Cash to your wallet has a few advantaged. First of all, the Ink Cash earns 2% back at restaurants. This is potentially a pretty common business expenses category that is not at all being captured with the Ink Plus. Secondly, if you are concerned about hitting the $50,000 cap for bonused rewards with the Ink Plus, the Ink Cash would provide an additional $25,000 of allowed bonus spending.
Here is a list of benefits — large and small — associated with the Ink Plus® Business Card. We’ve summarized and condensed the pages and pages of fine print to some of the more important points below.
They are subject to change at any time, so contact Chase at the number on the back of your card before relying on any of these benefits. Unless otherwise specified, you must use the card for a purchase to receive the benefit on that purchase.
The Chase Ink Plus also has some pretty good built in travel protections including car rental coverage, trip delay, and trip cancellation/interruption insurance.
No foreign transaction fees. Pay no foreign transaction fees when you use your card on purchases made outside the United States.
Lost luggage reimbursement: Maximum $3,000, of which no more than $200 for jewelry and fur. Covers physical loss or damage to your carry on or checked luggage as long as the entire fare is paid using your card.
Travel and emergency assistance. While the cost of services isn’t covered – it’s basically a phone call with a travel advisor who can point you in the right direction, advice available includes medical and legal referral, coordination of emergency evacuation for you and your business associates, lost luggage locating, and delivery of prescriptions and valuable documents.
Trip cancellation. If you have a sudden, unforseen, unexpected event that prevents you from traveling you can have up to $5,000 of your non-refundable fare reimbursed if you purchased the entire fare using your card. Covered events are accidental bodily injuries, deah, disease, or physical illness. Note that getting sick from a bacterial or viral infection (i.e. catching the flu or a cold) is not covered unless you picked up a bacterial infection by eating contaminated food. Things like a heart attack and broken bones from accidents may be covered. The coverage is for you, your spouse, and your unmarried dependent children.
Trip delay. If your trip is delayed more than 12 hours due to weather, mechanical issues, or other common unforseen reasons, and you purchased the entire fare with your card you can get up to $300 to reimburse hotels, meals, and other expenses your airline doesn’t cover.
Auto collision damage waiver. You get primary coverage if you are renting the car for BUSINESS reasons and book and pay for it with the card. If you are using it for PERSONAL reasons there is coverage, but it is secondary. That means you’ll need to file a claim with the auto insurance company you use for your own car first. Note that personal liability is NOT covered by this or any free credit card insurance. You’ll need to purchase that separately from the car rental company or use your own auto policy.
Baggage delay coverage. If your checked bags are delayed more than 18 hours you can use up to $500 ($100 per day of delay) to purchase essential items like clothes and basic toiletries as long as the delay happens when you are away from home. Like all items of coverage, you must pay for the fare in full with the card to qualify. And if the airline gives you an allowance for these things, that will count toward the $100 per day coverage.
Travel accident insurance. You get up to $500,000 in coverage against accidental loss of life, limb, sight, speech, or hearing while you are riding on the carrier whose ticket you purchased with the card. This doesn’t cover things like getting hurt while renting a car, but can cover things like being injured in a plane crash. It covers you, your spouse, and unmarried children.
Purchase protection. If within 90 days (120 days starting November 2013) of buying an item with the card it is stolen or damaged you can get up to $10,000 in replacement coverage ($500 starting November 2013), up to $50,000 over the life of being a cardholder. This doesn’t cover accidentally losing something – it must be stolen or it must be damaged with visible evidence of such. Gifts you purchase for others are covered. You need to file a police report within 48 hours if theft occurs.
Extended protection. Items you buy with the card that have a warranty can have the warranty extended doubled up to 1 year extra, for a total 3 year maximum warranty period. If you experience a loss, you must file the claim within 60 days of the loss.
Price protection. If you buy an item with the card and see an ad offline or online (as long as it’s not an auction site like Ebay) you can get the difference refunded if you see a lower price, up to $500. There is a limit of $1,500 in claims per year.
Return protection. If you bought an item with the card, and want to return it, but the store you bought it from won’t accept the return, you can get up to $500 per item refunded, up to $1,000 total per year. You have up to 90 days after purchase to request this, and your store must have refused the return first. You’ll need to send the item in new condition to the benefits administrator to complete the claim.
The Ink Plus can be worth the $95 annual fee pretty easily, especially if you don’t already have access to Ultimate Rewards points that you can transfer.
Let’s first consider if the Ink Plus is worth $95 for someone who does not have another credit card that earns Ultimate Rewards.
To break even, you must earn at least $95 worth in value from this card. Since most cards will earn you at least 1% cash back on purchases, you should really be able to earn at least $95 beyond the first percent back in order to break even.
If you are able to earn 19,000 Ultimate Rewards points within a year, you at least will be breaking even on this card even considering the opportunity cost of a 1% back credit card. This might seem like you need to spend a lot in order to earn that many points, and if you’re only spending in non-bonused categories it would require $19,000 in spending.
Those bonus categories add up fast, though.
Consider that you might spend $100 per month on a cell phone and another $100 per month on cable and internet services. You also take one vacation a year that has you staying in a hotel for four nights at $150 per night as well as spending $100 per month on gasoline.
From these purchases alone, you will earn 15,600 Ultimate Rewards points within a year. If you are able to spend $3,400 more on the Ink Plus within the year, you will be breaking even on this card compared to a 1% cash back credit card if you are redeeming your Ultimate Rewards points for cash – which isn’t even the most valuable way to redeem them.
Now, what if you do already have a credit card that earns Ultimate Rewards like the Chase Sapphire Preferred?
The value proposition for the Ink Plus changes somewhat. If you have a Chase Sapphire Preferred, you already have the ability to earn 2 Ultimate Rewards points per dollar spent on dining and travel purchases, so you need to discount that from your potential earnings.
You also already have the ability to earn 1 UR per dollar spent on all other purchases, so those don’t count either.
What you’re really gaining in this case is the 5X category, so you would need to earn just enough from that category to earn the full 19,000 ‘break even points.’ You would need to spend $3,800 in the 5X category to earn those points.
Whether the Ink Plus makes sense for you over another card depends on your spending patterns. We’ll take a look at the Ink Plus and some alternatives based on the following monthly spending:
$1,000 office supplies
With this spending pattern and only the Chase Ink Plus in your wallet, you would earn 9,000 Chase Ultimate Rewards points per month.
The best way to find out which will earn you more points is to plug your business spending habits into our calculator and you’ll be able to see how they stack up, factoring all of those point bonuses. But here’s how it stacks up on benefits.
If you instead have the United Explorer Business credit card in your wallet, you’ll earn 2 United miles per dollar spent on select business expenses including restaurants, gas, and office supply stores and 1 United mile per dollar spent on all other purchases.
With this card and the spending pattern above, you would earn 7,000 United miles per dollar spent. Not only are you earning less, but United miles are less valuable than Ultimate Rewards points.
The Chase Ink Cash has almost the same bonus categories as the Ink Plus. You’ll earn 5% back on office supply purchases and on cellular, landline, internet, and cable TV purchases. You’ll also earn 2% back on dining and at gas stations.
Additionally, bonus categories are capped at $25,000 in spend during your cardmember year. According to the spending pattern above, you would earn $90 in cashback every month with the Ink Cash.
The Amex Business Gold Rewards is nice, but a little complicated because you have to pick your own bonus categories. You are able to choose one category that earns 3 Membership Rewards points per dollar spent out of: airfare, advertising, gas, shipping, and certain computer purchases. You are also able to choose two categories that earn 2 Membership Rewards per dollar spent out of the four remaining categories.
Let’s say you choose airfare to earn 3X and advertising and computer purchases to earn 2X. We’ll also assume that one third of your office supply store purchases will also fall into the computer category. With this card, you would earn 8,333 Membership Rewards every month according to the spending pattern outlined above.
The Capital One Spark Miles credit card earns 2 miles per dollar spent on all purchases. If you spend $5,000 per month, you’ll earn 10,000 miles. While it is true that this is more miles that you would earn with the Ink Plus, these miles are nowhere near as valuable as Ultimate Rewards points. The miles earned through Capital One are only worth one cent each.
You don’t have to have a big or long established business to get a business credit card. If you sell things on eBay that you don’t use anymore or if you make soaps and sell them at the local farmer’s market or to your friends, you have a business.
It’s okay if you don’t have history as a business or even if your business doesn’t yet make money, just make sure that you report accurate information on your credit card application. Plenty of business owners use a card to help set up a business before sales start coming in. And wanting to separate expenses is a reason to have separate personal and business accounts.
It depends. Typically, Chase will not report small business credit cards to the credit bureau unless the account is seriously delinquent.
It is possible to share points in certain circumstances. In order to share points with someone from your Ink Plus card, they either need to be a member of your household or an owner of the business.
Yes, it is possible to combine points earned with the Chase Sapphire and Chase Freedom cards.
No, the Chase Ink Plus is not currently a Chip and PIN card.
The Chase Ink Plus is a Visa.
Within your account summary, it is possible to add a limit to employee spending. From the dropdown menu, choose ‘Set Spending Limit.’
From there, you will be able to select the cardholder you would like to set a limit for, and set it!
If you want to set up employee purchase alerts, you’ll have to do it in Chase’s app. Click the menu at the top of the main page and move the sliders to the right to turn on purchase alerts.
If you cancel your Chase Ink Plus and have another Chase card that earns Ultimate Rewards points, nothing will happen to your points. If you do not have another credit card that earns Ultimate Rewards, you will need to transfer your Ultimate Rewards to one of Chase’s airline or hotel transfer partners, redeem them through Chase’s travel portal, or redeem them for cash before you cancel the card, otherwise you will lose your points.
If you decide to cancel your Ink Plus credit card, typically you can get the annual fee refunded if you are cancelling within 180 day of paying the fee.
The best introductory offer for the Chase Ink Plus is typically 60,000 Ultimate Rewards points after spending $5,000 in purchases within the first 3 months of account opening. Though if you visit a Chase branch you might see a deal for 70,000 points available for in-person applications.
With the Ink Plus, you’ll get access to Lounge Club lounges two times for free each cardmember year. Lounge Club is a network of over 350 lounges around the world.
No, you cannot move your United miles to Ink / Ultimate Rewards points. You can, however, move your Ultimate Rewards to United.
Ultimate Rewards transferred to Southwest do not count toward the Southwest Companion Pass.
Yes, you can get a bonus for both the Ink Plus and Ink Cash because they are different credit card products.
The Ink Bold and Ink Plus cards are closely related; they both earn points according to the same bonus categories. The primary difference between these two cards is that the Ink Bold is a charge card while the Ink Plus is a credit card. A charge card does not give you the ability to carry a balance from month to month, while a credit card does.
Yes, you can get both a Chase Ultimate Rewards shopping portal and category bonus.
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Foreign Transaction Fee Waived
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Or, consider other cards for 50,000 or more miles or points that transfer into United miles with additional flexibility for your everyday spending.
$750 for air / hotel / car bookings. Or transfer points to United, Southwest, Hyatt, and more.
No annual fee.