Chase has added two new credit cards to the Ink portfolio of business cards that give additional purchase rewards or an interest payment refund to customers with Chase business checking accounts. The cards, Ink and Ink Capital, offer customers rewards and flexible payment solutions to meet the needs of small business owners and are accepted at millions of merchants worldwide.
Earlier, Chase announced it plans to expand lending by $4 billion in 2010 to provide businesses with increased access to working capital, term loans for expansion, commercial mortgages, lines of credit, and business credit cards.
Kevin Watters, head of business banking at Chase, said: “These additional benefits allow us to thank our business customers for expanding their relationship with Chase.”
Richard Quigley, president of business cards at Chase Card Services, said: “Small business owners are working hard in this challenging economic environment and Ink from Chase offers the ability to manage cash flow while maximizing rewards on their every day spending.”