Chasing Rewards? How to Apply for a Chase Ink Business Premier® Credit Card

The Chase Ink Business Premier® Credit Card is a popular option for business owners looking to earn rewards on their spending. This card offers a generous cash back bonus and a suite of perks that can be valuable for frequent travelers. But before you apply, here's what you need to know:

Do you qualify?

  • Business Type: This card is for established businesses. Sole proprietors, freelancers, and partners can all apply.
  • Credit Score: Generally, good to excellent credit (typically above 670) is required for approval.
  • Chase's 5/24 Rule: Chase has a rule where they rarely approve applicants who have opened 5 or more credit cards in the last 24 months (across all banks). Business cards from some issuers (like Discover and Capital One) can count towards this rule, so be mindful.

Ready to Apply?

Head to Chase's website (https://creditcards.chase.com/a1/inkpremier) to begin your application. Here's what you'll need to have on hand:

  • Business Information: Name, address, Employer Identification Number (EIN) or Social Security Number (SSN) if you're a sole proprietor, business type, and estimated annual revenue.
  • Financial Information: Number of employees and estimated monthly spending on the card.

Tips for Approval:

  • Review your credit report: Ensure there are no errors that might bring down your score.
  • Have a solid business plan: This shows Chase you're a serious business owner.
  • Consider your spending habits: Does the card's rewards structure align with your business expenses?

Getting Approved is Just the Beginning

Once you're approved, remember to use your card strategically to maximize your rewards. The Chase Ink Business Premier® Credit Card offers bonus points in certain categories, so be sure to understand how to earn the most cash back.

Not Sure if this is the Right Card?

Chase offers a variety of Ink Business Cards. Consider your spending habits and business needs to see if a different card might be a better fit.