Looking to add a new business card to your wallet? 

The Chase Ink Business UnlimitedĀ® Credit Card just announced an elevated welcome offer: earn $900 cash back after spending $6,000 in the first three months after opening an account.Ā 

This new offer matches the highest public welcome offer weā€™ve seen for this card. Youā€™ll also get a 0 percent introductory APR offer on purchases in the first 12 months (18.49 percent to 24.49 percent variable APR after that). Hereā€™s what you need to know about this offer and how it compares to other business credit cards:

How this offer measures up with previous offers 

Most recently, the Ink Business Unlimitedā€™s welcome offer earned $750 in cash back for the same $6,000 of spending, representing an increase of $150. Because this card earns 1.5 percent cash back on all purchases, youā€™ll earn $990 in total after meeting the $6,000 minimum spending requirement.

Itā€™s also important to note that the cardā€™s cash welcome bonus can be combined with other Chase Ultimate Rewards card earnings for added value. According to Bankrateā€™s valuations, Ultimate Rewards points are worth around 2.0 cents per point when transferred to high-value travel partners through an eligible card, meaning you have the potential to double this offerā€™s value. 

Who should apply for this card?

This offer is excellent for small business owners who want a simple flat-rate card for all their business needs and who can meet the cardā€™s spending requirements. It also comes with a standard set of benefits found on many business cards. 

Understandably, the offer is even more valuable for business owners who travel frequently and who have other Chase Ultimate Rewards-earning cards to combine points and get potentially outsized value from Chaseā€™s transfer partners.

How the Chase Ink Business Unlimited compares to other Chase cards

Overall, the Ink Business Unlimited is an ideal flat-rate card for small business owners. Further, this limited time-offer gives the card one of the highest welcome offers of any Chase card, providing cardholders great initial value.

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Bankrateā€™s take: Explore our CardMatchā„¢ tool to compare offers and find the best deal for yourself.

The Ink Business Unlimited is similar to the Chase Freedom UnlimitedĀ® personal card, offering the same flat rate on purchases but with a welcome offer worth $700 more. However, the Freedom Unlimited offers additional bonus categories and a longer intro APR that covers purchases and balance transfers.

As for business cards, the Ink Unlimited doesnā€™t match up to the Chase Ink Business PreferredĀ® Credit Card. The Ink Preferred has a similar signup bonus although it requires higher spending. While it charges a $95 annual fee, youā€™ll get several elevated bonuses in commonly used business categories, giving the card a much higher initial value and better long-term earning potential.

However, the Ink Unlimited compares more favorably to the Chase Ink Business CashĀ® Credit Card, depending on your businessā€™ spending needs. The welcome bonus is higher on the Ink Unlimited and requires less spending. The Ink Cash offers an excellent 5 percent cash back rate on office supply, internet, cable and phone purchases (up to $25,000 in combined spending per year, 1 percent after). If you can maximize that category, the Ink Cash may be a better option. If not, the flat-rate earnings of the Ink Unlimited may be more suited for your business.

The bottom line

The Chase Ink Business Unlimited has matched its highest-ever welcome bonus offering with $900 in cash back. If your small business can meet the spending requirement, and you want a simple flat-rate business card that doesnā€™t make you think about where you are spending, this card is a great option. With the bonus at its historical high point, now is an excellent time to consider adding it to your business card portfolio.