A credit balance refund on the Ink Business Unlimited® Credit Card is a reimbursement for paying more than the total balance owed on the credit card. For example, a cardholder who has a balance of $500, but pays $600, can get a credit balance refund of the $100 that they overpaid.
Cardholders can request a Chase Ink Business Unlimited credit balance refund: by phone (1-800-432-3117) or by sending a written request to Chase Card Services | P.O. Box 15298 | Wilmington, DE 19850. They can get their refund in the form of a check or an ACH refund credit to the bank account from which the payment was originally taken. Legally, a credit card issuer is obligated to issue a credit balance refund within seven business days of your request for one.
Please note that you are not required to request a credit balance refund if you overpay your Chase Ink Business Unlimited credit card. If you have a negative balance on your account, meaning you’ve paid more than you owe, future purchases will be credited until the balance is back to zero. If you maintain a negative credit balance for six months, Chase is required to offer you a refund.
Yes, the Chase Ink Business Unlimited Card has an introductory purchase APR of 0% for 12 months after account opening. Once this intro period expires, any remaining balance on the Chase Ink Business Unlimited Card will be subject to the regular APR of 17.49% - 23.49% (V).
It’s important to remember that even though you don’t pay interest during 0% APR periods, you still must make timely minimum payments each month. You should also consider paying more than the minimum, since you’ll want to pay off the credit card balance before the regular APR kicks in. For help planning your payments, try out WalletHub’s … read full answerCredit Card Calculator.
Withdraw the cash and remove the credit card from the ATM.
Before you take out a Chase Ink Business Unlimited cash advance, it’s important to note that it is a very expensive transaction. For starters, a cash advance fee and a separate cash advance APR apply as soon as you withdraw the cash. There may be ATM-owner fees, too.
Ink Business Unlimited® Credit Card is a Visa, not a Mastercard. You can use your Chase Ink Business Unlimited Card at nearly 11 million merchants that accept Visa nationwide, and you can use it abroad in more than 200 countries and territories.
There are a few differences between Visa and Mastercard credit cards, such as the network-level benefits they offer, but those differences are relatively small. The two card networks have a lot in common, including … read full answerextensive worldwide acceptance. As a result, it’s more worthwhile to compare individual credit card offers than to focus on getting a card from a particular network.
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