topic Re: Closed my Chase INK Business Unlimited in Business Credit

Closed my Chase INK Business Unlimited

Aim_High — Fri, 14 Nov 2025 21:57:45 GMT

I opened my >Chase INK Business Unlimited in March 2023 < with a plan to:

(1) earn the juicy $900 SUB and

(2) eventually combine that credit limit with my INK Business Cash.

I earned the SUB and occassionally put a little keep-alive spend on the card just so that I wouldn't have to make it so obvious that my plan was mainly about the SUB. I managed to keep it open for 2.5 years before they notified me that they would be cutting my CL from $6K to $3K within 50 days if I didn't contact them. I called, closed the account, and transferred my full $6K limit to my INK Cash, now with $15K CL. (My previous experience with Chase is that they allow the full CL to be transferred if there are no charges on the card within the past six months.)

The INK Cash has been a nice niche in my line-up. I have earned 5 URs per dollar for home cable television-internet and cell phones. It also earns 5 URs on office supplies. My URs can be transferred to my Chase Sapphire Reserve where they are worth 7.5% to 10%, depending on redemption.

Mission Accomplished!

Re: Closed my Chase INK Business Unlimited

unsungivy — Sat, 15 Nov 2025 12:41:08 GMT

@Aim_High wrote:
I opened my >Chase INK Business Unlimited in March 2023 < with a plan to:

(1) earn the juicy $900 SUB and
(2) eventually combine that credit limit with my INK Business Cash.

I earned the SUB and occassionally put a little keep-alive spend on the card just so that I wouldn't have to make it so obvious that my plan was mainly about the SUB. I managed to keep it open for 2.5 years before they notified me that they would be cutting my CL from $6K to $3K within 50 days if I didn't contact them. I called, closed the account, and transferred my full $6K limit to my INK Cash, now with $15K CL. (My previous experience with Chase is that they allow the full CL to be transferred if there are no charges on the card within the past six months.)

The INK Cash has been a nice niche in my line-up. I have earned 5 URs per dollar for home cable television-internet and cell phones. It also earns 5 URs on office supplies. My URs can be transferred to my Chase Sapphire Reserve where they are worth 7.5% to 10%, depending on redemption.

Mission Accomplished!

No charges in 6 months, interesting. I'll keep this in mind for my own Ink Unlimited I plan on closing at the 2 year mark in June. I already moved all but $500 credit line off it, which is apparently the minimum most of the time.

My own Ink Unlimited was opened namely for additional credit line I could combine with my Ink Cash to reach the minimum needed for an upgrade to Ink Preferred (which I have weighed against the CSP and CSR for travel/UR redemption and feel that the CIP is a better value). They gave me 3k and 4k on each of those lines at opening, since I had no biz credit history before that. The SUB was just a nice bonus.

Re: Closed my Chase INK Business Unlimited

Aim_High — Mon, 17 Nov 2025 03:53:07 GMT

@unsungivy wrote:
@Aim_High wrote:
(My previous experience with Chase is that they allow the full CL to be transferred if there are no charges on the card within the past six months.)
No charges in 6 months, interesting. I'll keep this in mind for my own Ink Unlimited I plan on closing at the 2 year mark in June. I already moved all but $500 credit line off it, which is apparently the minimum most of the time.

Yes, @unsungivy, and I've done it multiple times with them. Never lost any credit. One thing to keep in mind, however, is that a posting of an annual fee is included in activity. Once, I slipped up and let a fee post on a card I had planned to close and the CSR told me I would have to leave some behind, I believe $500. So I changed my mind and waited for the six months to avoid losing credit limit.

Re: Closed my Chase INK Business Unlimited

unsungivy — Mon, 17 Nov 2025 13:11:37 GMT

@Aim_High wrote:
@unsungivy wrote:
@Aim_High wrote:
(My previous experience with Chase is that they allow the full CL to be transferred if there are no charges on the card within the past six months.)
No charges in 6 months, interesting. I'll keep this in mind for my own Ink Unlimited I plan on closing at the 2 year mark in June. I already moved all but $500 credit line off it, which is apparently the minimum most of the time.
Yes, @unsungivy, and I've done it multiple times with them. Never lost any credit. One thing to keep in mind, however, is that a posting of an annual fee is included in activity. Once, I slipped up and let a fee post on a card I had planned to close and the CSR told me I would have to leave some behind, I believe $500. So I changed my mind and waited for the six months to avoid losing credit limit.

Good to know, but in this case won't be relevant for a no AF card 😁

Getting more biz credit out of Chase has been rough. The starting lines were 3k, 4k... then 20k. But they won't give me CLI.

Given that the Ink Cash I opened last June (after changing my first Ink Cash to the Ink Preferred, which was in my long term plans) got the 20k as my third card, it feels like getting new cards with them is the only successful tactic to increase my CLs. So I definitely want to hold on to every bit, even that measly remaining $500.

Re: Closed my Chase INK Business Unlimited

Jessie — Wed, 19 Nov 2025 00:12:37 GMT

Nice work! Anything you'd do differently a second time around?

Re: Closed my Chase INK Business Unlimited

TrapLine — Thu, 20 Nov 2025 03:57:18 GMT

Interesting that JP Morgan Chase is falling over themselves trying to get us to refer new card holders and then want to cut our credit limits. Over twenty years Chase has tried to cut my Business and Personal credit card limits three times.

A reality check. Of my many cards Chase is really the least usable for my spending pattern today. Really would prefer not to close them but I use them when it makes sense (not often). Agree that Chase's desire to reduce my credit limits based on utilization is correct.

Re: Closed my Chase INK Business Unlimited

Aim_High — Wed, 19 Nov 2025 17:52:34 GMT

@unsungivy wrote:
@Aim_High wrote:
@unsungivy wrote:
@Aim_High wrote:
(My previous experience with Chase is that they allow the full CL to be transferred if there are no charges on the card within the past six months.)
No charges in 6 months, interesting. I'll keep this in mind for my own Ink Unlimited I plan on closing at the 2 year mark in June. I already moved all but $500 credit line off it, which is apparently the minimum most of the time.
Yes, @unsungivy, and I've done it multiple times with them. Never lost any credit. One thing to keep in mind, however, is that a posting of an annual fee is included in activity. Once, I slipped up and let a fee post on a card I had planned to close and the CSR told me I would have to leave some behind, I believe $500. So I changed my mind and waited for the six months to avoid losing credit limit.
Good to know, but in this case won't be relevant for a no AF card 😁

Getting more biz credit out of Chase has been rough. The starting lines were 3k, 4k... then 20k. But they won't give me CLI.

Given that the Ink Cash I opened last June (after changing my first Ink Cash to the Ink Preferred, which was in my long term plans) got the 20k as my third card, it feels like getting new cards with them is the only successful tactic to increase my CLs. So I definitely want to hold on to every bit, even that measly remaining $500.

Oh, I knew you had no AF for consideration, @unsungivy, but just included that for the benefit of other readers of this thread which it might affect. That can be a "got-cha." I agree that Chase seems unusually stingy on business credit lines, especially to start. But I would imagine with high spend-and-repay that they open up for some cardholders. Your $20K approval was pretty good. Maybe I should apply for another card with them while I'm under 5/24. On personal credit, they are my most generous lender ($141.4K personal limits between three cards, not including my $15K Biz limit) and I'm tapped out with them. They reallocated credit on some of my approvals in recent years and I had a discussion with an underwriter recently who basically said my utilization wasn't high enough to give more without reallocating. (I have $100K on my CSR and it never gets a significant percentage of spend.)

Re: Closed my Chase INK Business Unlimited

Aim_High — Wed, 19 Nov 2025 17:54:55 GMT

@Jessie wrote:
Nice work! Anything you'd do differently a second time around?

Thanks, @Jessie.

Actually, no! I'm pretty pleased with the way this turned out, with the exception that I wished Chase had been a bit more generous on either or both of those limits. When I applied for the INK Unlimited, I had hoped for an improvement over the $9K Ink Cash limit, but it turned out to be lower at $6K.