27.9 C
New York
HomeTop Global NewsHow To Apply For A Chase Business Card

How To Apply For A Chase Business Card


Qualifying for a business card isn’t as difficult as it seems. While you do need a money-making venture to be eligible, you can open a business credit card for a side hustle or freelance gig. However, a business card application can be a touch trickier than a standard consumer credit card application.

Since Chase offers many of the best business credit cards, CNBC Select breaks down how to complete a Chase business card application.

How to apply for a Chase business card

Advantages to having a Chase business card

Ink Business Preferred® Credit Card

  • Rewards

    Earn 3X points per $1 on the first $150,000 spent in combined purchases in select categories each account anniversary year (travel; shipping purchases; internet, cable and phone services; and advertising purchases with social media sites and search engines), 1X point per $1 on all other purchases

  • Welcome bonus

    Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®

  • Annual fee

  • Intro APR

  • Regular APR

  • Balance transfer fee

    Either $5 or 5% of the amount of each transfer, whichever is greater

  • Foreign transaction fee

  • Credit needed

Having a personal and business card tied to the same rewards program can unlock high-value deals. For example, Southwest offers a companion pass to anyone who earns 135,000 qualifying Southwest points in a calendar year (or takes 100 qualifying one-way Southwest flights in a calendar year). While that’s a steep threshold for anyone who doesn’t travel exclusively (and regularly) with Southwest, this deal is more attainable if you open both a personal and business Southwest credit card because the welcome bonuses count toward earning a Southwest Companion Pass.

You can earn 80,000 Southwest points after opening a Southwest® Rapid Rewards® Performance Business Credit Card and spending $5,000 in the first three months from account opening. Southwest cards receive a 10,000-point boost to their companion pass qualification each year. That boost and the intro bonuses from a personal and a business Southwest card can be enough to qualify for a companion pass without earning any additional points. Once you have a Southwest Companion Pass, you can bring a guest along on any Southwest flight (paid with points or cash) for only the cost of the taxes and fees.

Southwest® Rapid Rewards® Performance Business Credit Card

  • Rewards

    Earn 4X points on Southwest® purchases; 3X points on Rapid Rewards® hotel and car rental partners; 2X points on rideshare; 2X points on social media and search engine advertising, internet, cable, and phone services; 1X points on all other purchases

  • Welcome bonus

    Earn 80,000 points after you spend $5,000 on purchases in the first 3 months from account opening.

  • Annual fee

    $199 applied to first billing statement

  • Intro APR

  • Regular APR

  • Balance transfer fee

  • Foreign transaction fees

  • Credit needed

Member FDIC. Terms apply.

How to qualify for a Chase Business card

How to complete a Chase business card application

Subscribe to the CNBC Select Newsletter!

Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here.

Bottom line

Why trust CNBC Select?

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.





Source link

latest articles

explore more

LEAVE A REPLY

Please enter your comment!
Please enter your name here