Ink Cash^SM Business Card

Offered by: Chase

7 comments | Comment on this offer

Details

Purchase Intro Rate	0%
Purchase Intro Period	6 months
Balance Transfer Intro Rate	0%
Balance Transfer Intro Period	6 months
Regular APR	as low as 11.24%
Balance Transfer Rate	as low as 11.24%
Cash Advance Rate	as low as 11.24%
Annual Fee	None
Late Fee	See terms
Cash Advance Fee	See terms
Balance Transfer Fee	3%

Ink Cash^SM Business Card features:

3% cash back at gas stations, restaurants, office supply
and home improvement stores
1% cash back on everything else - unlimited
Rewards can be redeemed for checks in increments of $50
Customized credit line to meet the needs of your business
Free additional cards for employees
No Annual Fee

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See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Take Offer Now" button, you can review the credit card terms and conditions on Provider's website.

Comments

(7 Total Comments)

I have a 709 credit score and was denied..."

owenstarr at 3:34 pm Feb 12

709 Transunion score according to Credit Karma? or 709 Experian score, since Chase (in most areas of the country) goes by Experian, NOT Transunion."

annoneil01 at 8:04 am Feb 23

There is no average credit score for approval because nobody has been approved for this card yet that Karma has kept track of. I applied on Jan 18, 2010. At the time Chase (or First USA) pulled my credit, my score was 754 Experian, my DTI ratio was less than 12%, with 4 years perfect credit history. I was just denied Feb 5, 2010. This is the reason as noted in this letter they mailed me:

YOU HAVE HAD A LOAN OR CREDIT CARD WITHIN THE PAST 24 MONTHS.

A RECENT INQUIRY. (My last inquiry was 9 months ago.)

So I have concluded that Chase Business is not in the business of lending right now. So I would recommend nobody apply until the economy improves and Chase starts to advertise their business products more."

cristiandeid at 11:19 am Feb 8

Apparently, from reading around the 'net, Chase is inquiry phobic and then utilization phobic. They give people automatic denials if their computers see more than 3 inquiries. The last time I applied for a Chase card before the Ink was last summer, and when I called for recon the underwriter woman wouldn't reconsider any of my information, she was stuck on how many inquiries I had -- the majority of which were gained over 12 months before. She didn't even consider when I explained which Experian inquiries were for setting up checking/savings accounts, NOT credit card/LOC loans. I assumed at that point they didn't want my business. Fast forward to last month, everyone keeps talking about Chase Ink, and I want to apply before the CARD Act. Reasons for Denial? Too many balances close to credit limit (one - balance transfer)(my utilization was at 33%, though); too many inquiries. Get this: my financial situation was substantially better than when I applied last summer.

For me, Chase is now in the 'wasted inquiry' section along with Bank of America and American Express (those two will never see an application from me even when my Experian inquiries fall off). The only bank that's been good to me (knock on wood) and good to my business (knock on wood twice) is Citi. Citi gave my business a chance with a $5500 line, and me personally a chance with a $4000 line. Those are 'toy' lines to many seasoned credit card collectors. They aren't to me. Thank you, Citi.

Chase can sit and spin. I only use the cards I do have with them for small monthly purchases to keep the card active -- no interest from me."

annoneil01 at 8:19 am Feb 23

The average credit score for approval is not showing. Where would I find this."

vmelton at 8:18 am Feb 3

Would love something like this, except I do not own a business. Attractive card design as well!"

visible at 9:41 am Jan 16

You can say you are a sole-proprietor business and use your SSN as the Business Tax ID"

vankumar at 2:07 pm Feb 1

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Credit Score Approval Data

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AVERAGE Credit Score Approved for this Card

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† Credit Karma members have received approvals with these credit scores. Please note that because other factors such as income and employment status can affect credit card approval, these are only guidelines and approval is not guaranteed.