Chase will be releasing a new credit card on May 20th. The card is called Chase Ink Business Unlimited and it comes with the same Visa Signature benefits and pricing as Ink Business Cash.

Chase Ink Business Unlimited

The new Ink Business Unlimited credit card offers unlimited 1.5% cash back on all purchases with no annual fee. And, features $500 bonus cash back after $3,000 is spent on purchases in the first 3 months after account opening. The card will be released on May 20th.

Existing Ink Card members  can request a product change by calling the number on the back of their existing card but will not be eligible for the bonus cashback offer.

Guru’s Wrap-Up

The card is similar to the Chase Freedom Unlimited credit card, but it comes with a better signup bonus. The card is probably worth looking at just for the bonus, but will likely fall under the 5/24 rule, so not many people will be able to apply. Hopefully the Chase Ink Cash credit card will live on after this new card is released, since that is definitely a better option. And now it has a $500 public bonus.

HT: DoC