The $900 welcome bonus on the Chase Ink Business Cash and Unlimited cards is ending soon

Using a small business credit card to help with cash flow is great, and earning a sizable welcome bonus is even better. Chase is currently offering an elevated welcome bonus on its Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card, worth $900 when you meet the minimum spend.

If you plan on investing in your business, using an eligible Ink Business card for purchases is a simple way to be rewarded. Business owners can maximize the amount of cashback they earn on various business expenses, whether it’s electronics or work-from-home setups, by spending $6,000 within the first three months from account opening.

Plus if you add employees as authorized cardholders, you’ll earn cash back on all their spending, which helps you earn the bonus even faster.

However, if you want to take advantage of these offers, you will need to act quickly as they will end at the end of the day on March 21st. Here’s how you can qualify.

• Current offer: Earn $900 bonus cash back after you spend $6,000 on purchases in the first three months from account opening.
• Old offer: Earn $750 bonus cash back after you spend $7,500 on purchases in the first three months from account opening.

The elevated bonus offer is the same on both the Ink Business Cash and Unlimited cards and can earn you $150 more in bonus cash back. In order to earn this new bonus, you’ll need to spend $1,500 more than usual within the same three-month timeframe, which may not be within your means. If your business was negatively affected by the coronavirus and you haven’t fully bounced back, now may not be a good time to try and earn a welcome bonus, or you can aim for something with a lower spending requirement.

But if you’re doing fine and can reasonably afford to meet the spending requirements, using the Ink Business cards could be a nice way to earn a little extra money. Plus you don’t have to worry about paying a fee for either card since they both have no annual fee.

Chase is often known for strict eligibility requirements on its Sapphire cards, but leaves off any requirements for its business cards. The terms don’t state anything about prior cardholders needing to wait 24 to 48 months before earning another bonus. You can apply for both the Ink Business Cash and Ink Business Unlimited card and earn both welcome bonuses.

Take note that you’ll have to factor in Chase’s 5/24 rule before applying for either or both cards. The 5/24 rule limits who can be approved for a new Chase credit card. If you’ve opened five or more personal credit cards (from any card issuer) within the past 24 months, there’s a strong chance you’ll be denied for a new Chase Ink Business card. That’s because lenders typically check your personal credit with a business application.