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 17.74% - 23.74% (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 Credit Card Calculator.
Chase Ink credit limits above the minimum amount are available, based on the applicant’s overall credit standing. Factors that influence an applicant’s credit limit include the personal credit score, annual income, and outstanding debt, among other factors.... read full answer
If you use the card responsibly, you may receive an automatic credit limit increase over time. You can also request a higher credit limit over the phone at (800) 346-5538.
Keep in mind that if you ask for a credit limit increase, Chase will perform a hard inquiry on your personal credit report, which will temporarily reduce your credit score by a few points.
Chase Ink Credit Limits for Employee Cards
It’s also worth noting that once you’re approved for a Chase Ink credit card, you can add additional employee cards to your account at no cost. You can set individual spending limits for each employee’s card, too, either through your online account or by calling customer service at (800) 945-2028.
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 note that you’re personally liable for any debts on a Chase Ink account that the business is unable to pay.... read full answer
If you’re approved for a Chase Ink card, a high Chase Ink card credit score offers additional advantages. Chase will take your credit score into account when it determines both your credit limit and your interest rate. So, the higher your credit score and credit history, the better chance you have of landing favorable terms upon approval.
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