October 14th, 2009

Chase Introduces New “Ink” Business Credit Card

Chase Bank has offered a new credit card line that offers benefits tailored exclusively for the needs of business owners, such as larger credit limits, financial tools, and travel benefits. You can choose from one of four cards that offers the benefits that suit your business needs.

Some of the benefits of the Ink Card include:

Higher Credit Limits – get a credit limit that can handle major spending, or flexible spending capacity that can grow as needed
Free Employee Cards – Get additional InkSM cards for your employees at no cost, and earn points on their purchases

Online Reports and Customized Alerts – Track expenses and get help with tax preparations with itemized monthly statements and quarterly management reports. Stay in control of your account by identifying the types and sizes of charges that you want to be notified of. Plus, be alerted of any suspicious account activity thanks to the Fraud Early Warning service

InkCash – Earn a 3% cash rebate on eligible purchases at gas stations, hardware and home improvement stores, office supply stores and restaurants. Plus, you will earn unlimited 1% cash back on all other eligible purchases. Rewards appear as points on your statement that can be redeemed for cash back — starting at 5,000 points for a $50 check. Additional rewards are available if you upgrade to an InkPlus or InkBold account.

More Points for Travel – Your points are worth 25% more than Amex rewards* when you redeem for airfare. That means a flight that normally requires 35,000 points is yours for only 28,000 points. You can fly for fewer points now, and keep some for your next reward.

To view the Ink Card line, visit the Chase Ink Card website here.

*Comparison between flights booked online through comparable Chase Ultimate Rewards and American Express Membership Rewards programs, excluding points transferred to other loyalty programs, as of 9/16/09.

About the banks

Chase

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.