Chase Business Credit Card FAQ

How many Chase business cards can you have?

You can have up to 5 Chase business cards, but most people will be eligible for up to 3. Any more business cards without documentation or significant income could raise red flags.

Some deciding factors for how many business cards you can have:

  • Sole proprietorship vs. LL C or C Corp

  • How long you have been banking with Chase

  • How long your business has been open

Why would anyone need 5 business cards?

There are a variety of reasons to have multiple business credit cards like optimizing for spending multipliers or separating expenses.

Others may open business cards to get around the 5/24 rule since business cards are affected by 5/24, but don’t count towards it.

For example, if you’re currently at 4/24 and added the Chase Ink Preferred, you would still be at 4/24. However, if you added a personal credit card, you would be at 5/24.

Can you earn a Southwest Companion Pass with a business card?

Obtaining the Southwest Companion Pass requires earning 110,000 Southwest Points within 1 calendar year. Point transfers from Chase Ultimate Rewards to Southwest do NOT count.

The easiest way to earn the Southwest Companion Pass is via Chase Southwest credit card welcome offers, flights, or card spend.

Earlier this year, Chase limited the number of personal Southwest cards you can have to 1.

Therefore, in order to obtain Companion Pass via credit cards, you’ll need to open a personal Southwest card AND a business Southwest card.

How many business credit cards should I get?

For the average person with normal spend, I recommend getting up to 3 cards. You would want to space the applications out by at least 30 days.

Add cards based on your expenses and ability to optimize for the spending multipliers.

What is a sole proprietorship?

According to the U.S. Small Business Association:

"A sole proprietorship is a simple and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and the owner. You are entitled to all profits and are responsible for all your business’s debts, losses, and liabilities."

Depending on the state you live in, if you apply for the business card using your first and last name, you should be fine.

As a disclaimer, I’m not a business or legal expert, so always do your research or consult a professional.

Can you use a business credit card for personal expenses?

From the bank side, it doesn’t matter as long as you pay your credit card bill. Since your name and SSN is linked to the account, you’re still personally liable for all card payments.

I’m not a business or tax advisor, so be sure to consult your own tax professional if you have any questions. I’m not liable for the actions you take; always do your own research.

Which business credit card should I get?

If you’re looking to optimize for flights, the Southwest Rapid Rewards® Premier Business Credit Card and the United MileagePlus® Explorer Business Card are worth considering. One important note is that the airline business cards do not have any downgrade paths.

To earn more Chase Ultimate Rewards, I recommend looking into Chase Ink cards.

Ink Business Preferred℠ Credit Card

  • Welcome offer: 80,000 points after you spend $5,000 within the first 3 months of account opening

  • Earn 3X on the first $150,000 spent on travel and select categories each card member year; then 1X

Ink Business Cash℠ Credit Card

  • Welcome offer: $500 after you spend $3,000 within the first 3 months of account opening

  • Earn 5% on the first $25,000 in combined purchases at office supply stores, internet, cable, and phone services each card member year; then 1%

  • Earn 2% on the first $25,000 in combined purchases at gas stations and restaurants each card member year.

Ink Business Unlimited℠ Credit Card

  • Welcome offer: $500 after you spend $3,000 within the first 3 months of account opening

  • Earn unlimited 1.5% on every purchase

Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities. 

UGC disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.