If there’s a universe challenge for small and medium size business owners, it’s finding the right credit card to meet their ever-evolving needs. It’s about flexibility and freedom. There’s one card that brings it all to the table. That credit card, Chase Ink Bold. Few credit card offers include the options of adjustable limits, flexible payment options and enough of a credit line to cover even those most unpredictable expenses.
The Chase Ink Bold allows customers to earn 50,000 bonus points during the first three months and an impressive 5x points for every dollar spent on business expenses. For instance, you’ll earn 5x points for every dollar spent on your first $50,000 spent on office supplies and payments to communication companies such as internet services, phone costs – both landline and mobile – as well as cable or satellite TV services for your office.
You’ll also earn double points on every dollar spent (up to $50,000) for gas and hotel accommodations and for all other purchases, you’ll earn 1 point for every dollar spent. There are no limits on how many points you can earn and there’s no expiration dates on any of those points, either.
Another popular feature with the Chase Ink Bold Charge card is the access business owners gain to qualified advisers who stand ready to provide assistance in purchase options. There aren’t many credit card offers that include this kind of exclusive access.
The flexible spending limit has no over limit fees. That said, it’s important to keep in mind that this is a charge card, which means you’ll never pay interest charges – but you must pay your balance in full each month. This is a fine solution for many businesses, but a smaller business might need the option of spreading payments out over a few months, especially if they intend to use the card for bigger purchases such as fleet vehicles, computers or other big ticket items.
For those who travel, there are no foreign transaction fees, which equates to a 3% savings on all of your international purchases. And speaking of savings, you can add as many employee cards as you need and you can even customize the spending limits, too. All of the rewards from the additional cards can be culminated for even faster rewards earnings.
Because Chase has partnered with airlines and hotel chains, card members enjoy great savings on airfare, hotels, rental cars and even Amtrak. There are no blackout dates or restrictions, either.
Members enjoy complimentary airport lounge access – and there are more than 350 worldwide. While there, you’ll have internet access, complimentary drinks and snacks and even access to fax services and conference rooms when available. This easily saves business owners a few hundred dollars a year.
There is a $95 annual fee with the Chase Ink Bold; however it’s waived the first year. Keep in mind, too, the annual fee is not only comparable with similar credit card offers, but in fact, is actually lower than many business credit card fees.
It has greater purchasing power with Global Acceptance and premium business benefits not offered by other cards of its kind. These benefits include a direct link to Ink Bold advisers who are available to help you make the right decisions in terms of your small business. They’re available twenty four hours a day, too. This is especially beneficial if you travel internationally and need access to customer service at all hours.
There’s another important consideration, too. Chase recently revamped its entire website – from banking to insurance to credit cards – it’s never been easier to navigate. This makes it a pleasure to explore the Ultimate Rewards site. This is where you can redeem your rewards points for things like cash back, gift cards, airline vouchers and you can even use your rewards to purchase merchandise from the world’s biggest retailers.
Even with all of these many benefits for small and medium size businesses, this Chase business card is truly an impressive financial tool. The online account access allows you to see where you’re spending and where you might benefit from cutting back. You can pay your bills on the site, compare your current credit card with other Chase cards and, of course, speak to business experts whose goal is to help you make the most of your credit.
There are many safety features built into both the website and the credit cards, too. From ID Theft Resolution to fraud protection that’s updated constantly in order to stay ahead of the latest hackers and fraud schemes, JPMorgan Chase makes its customers safety a top priority around the clock, 7 days a week.
If you’re a small business owner, which credit cards do you prefer? Does a traditional credit best suit your needs or do you like the idea of not having an APR and prefer a charge card?