Chip Lupo, Credit Card Writer
@CLoop
The Chase Ink requirements for approval are a personal credit score of 700+, business income, and fewer than 5 new credit card accounts in the past 2 years. Chase Ink applicants must also be at least 18 years old (19 in Alabama and Nebraska) and have either an Individual Tax ID number or a Social Security number. Chase will review an applicant’s personal credit history, which includes payment history, existing debt and recent credit inquiries, among other factors.
You don’t have to own a traditional business to be eligible for a Chase Ink card. You can apply if you run a small side business such as freelancing, consulting, ridesharing or property rentals, even if it generates little revenue. Just make sure to fill out the application completely and accurately.
But before you apply, pay close attention to the number of new credit cards you’ve gotten recently. Under the Chase 5/24 rule, your application will likely be rejected if you’ve opened five or more general-consumer credit card accounts in the previous 24 months.
People also ask
What credit score do you need for a Chase Ink card?
For the Chase Ink card you will need a credit score of 700 or better, which means people with good credit or better have a shot at getting approved for a Chase Ink card. You must also provide proof of a business income sufficient enough to make at least the minimum amount due every month. Chase will review your personal credit history when you apply for the Ink Business Cash card, Preferred card, or Unlimited card. Take...
read full answerDo you need a business for Chase Ink?
Yes, you need a business for the Chase Ink credit card.
What is actually defined as a business, is a whole other question. You don't need to have an LLC or corporation to apply for the Chase Ink. In case you sell any goods or services, you could be qualified as a business owner.
Sometimes banks will ask you to prove you own a small business or receive an income other than a...
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