Chase Ink Classic vs. Chase Ink Plus

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Chase bold credit card vs Chase cash credit cardBoth the Chase Ink Classic and the Ink Plus are business credit cards. The difference lies in their features, as the Plus is going to offer a lot more. If you are looking for a more basic card that earns points for rewards, the Classic would be the way to go.

Using a credit card just for your business is important in order to keep your expenses separate from any personal ones. Using a business specific card that earns points is a bonus part of the experience. It comes down to how much use you get out of the card and whether you want to pay a fee annually for it.

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Chase Ink Classic Terms

  • Annual Fee: $0
  • Introduction Purchase APR: 0% fixed rate for the first 6 months
  • Purchase APR: 13.24% variable rate
  • Introduction Balance Transfer APR: 0% fixed rate for 6 months
  • Balance Transfer APR: 13.24%
  • Cash Advance APR: 19.24%
  • Overdraft Advance APR: 19.24%
  • Penalty APR: 29.99%
  • Grace Period: 20 days
  • Minimum Interest Charge: None
  • Balance Transfers: 3% or $5, whichever amount is greater
  • Cash Advances: 5% or $15, whichever amount is greater
  • Foreign Transactions: 3%
  • Late Payment: $15 with a balance under $100; $29 for a balance of $100 or more; $39 for a balance of over $250
  • Return Payment: $39
  • Return Check: $39

Chase Ink Classic Features

The Ink Classic is a nice card in that you don’t pay a fee annually and there is a 0% introductory APR for the first six months for transfers and purchases.

Once the interest rate on the Chase Ink changes to the higher 13.24%  rate, if you are not careful, you could get into trouble financially.

To protect you, as defined by the White House, guidelines for when penalties apply are specifically laid out.

Reward-wise, Classic holders can earn up to 25,000 points as a bonus. After making your initial purchase you will get 10,000 points and then, if you purchase $5,000 worth in the initial three months, you will get 15,000 more points.

Employees are also able to get free cards so that points can be earned quicker. You also have control over their spending so that they are limited as to how much they can use the card.

To earn points, you get five times the amount of points when you purchase office supplies and services and twice the amount of points at hotels and gas stations. Any other purchase will earn you one point for every dollar with no limit.

Chase Ink Plus Terms

  • Introduction Annual Fee: $0 for one year
  • Annual Fee: $95
  • Introduction Purchase APR: 0% fixed rate for the first 6 months
  • Purchase APR: 13.24% variable rate
  • Introduction Balance Transfer APR: 0% fixed rate for 6 months
  • Balance Transfer APR: 13.24%
  • Cash Advance APR: 19.24%
  • Overdraft Advance APR: 19.24%
  • Penalty APR: 29.99%
  • Grace Period: 20 days
  • Minimum Interest Charge: None
  • Other Fees:
  • Balance Transfers: 3% or $5, whichever amount is greater
  • Cash Advances: 5% or $15, whichever amount is greater
  • Foreign Transactions: None
  • Late Payment: $15 with a balance under $100; $29 for a balance of $100 or more; $39 for a balance of over $250
  • Return Payment: $39
  • Return Check: $39

Chase Ink Plus Features

For more benefits and, for some, a greater value, check out the Chase Ink Plus card. Although there is the same point system as the Classic card, where you can earn five times as many points on your business expenses; you can earn 50,000 bonus points within the initial three months. You get 25,000 points for your initial purchase and then another 25,000 if you spend $10,000.

The points you earn with the Ink Plus can be transferred to Marriott Rewards and United Miles for your business travel needs.

You also get a couple passes for free lounge access in airports across the world to enjoy their perks.results in either $500 toward certain reward choices or $625 in travel expenses.

The terms are similar to the Classic, in regards to the introductory 0% rate and the interest rates after the intro period. With the Ink Plus, however, you have flexible pay options and there are no fees when you use your card for international purchases.

Find affordable rates now by going to the FREE finder box here! an introductory annual fee of $0 with the subsequent years resulting in a $95 fee. For business travelers, the Plus card tends to be the better card.

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Disclaimer: This content is not provided or commissioned by American Express, Visa, MasterCard, Discover, or any other credit card company or issuer. The opinions expressed here are the author's alone, not those of any credit card company or issuer, and have not been reviewed, approved or otherwise endorsed by any credit card company or issuer. Credit Card Chaser may be compensated through various affiliate programs with advertisers. As always, Credit Card Chaser is an independent website commmitted to helping people research credit card offers and find the best credit card!

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