Review of the Chase Business Rebate Card





The Chase Business Rebate Card was last reviewed on 21th March 2006



chase business rebate card
Summary - The Chase Business Rebate Card will appeal to the small business owner who is looking for a cash rebate business credit card. With this card, you can

  • Earn 3% rebates on purchases at restaurants, office supply stores, gas stations, building supply stores, home improvement stores and hardware stores.
  • Earn 1% rebates on all other "purchase"
  • Get a 0$ apr on balance transfers for 12 months

Let us explore this card in greater detail.

Rebate Formula - The Chase Business Rebate Card allows the cardholder to earn 3% rebates on purchases at restaurants, office supply stores, gas stations, building supply stores, home improvement stores and hardware stores. How this works is that you earn 1 point for every dollar you spend at these outlets and 2 additional points as well (equals to three points). You will earn one point for every dollar you spend on other purchases. For the two additional points that you earn, you can only earn up to 4000 points in a month (based on the 2 additional points). Once you earn up to 4,000 points from the additional two points, you will only earn one point when you spend your card for all purchases for the month. Once you have accumulated 5,000 points, you can exchange them for a $50.00 check

Fees - There is no annual fee for the Chase Business Rebate Card. You get an introductory 0% apr on balance transfers and purchases for 12 months. The apr is either prime rate plus 5.99%, 9.99% or 14.99%. The 2-cycle average daily balance method is used to calculate monthly balances.

Other Card Benefits - The Chase Business Rebate Card offers the following benefits.
  • Up to $1,000,000 Travel Accident Insurance
  • Purchase Security and Extended Protection
  • Auto Rental Collision Damage Waiver
  • Travel and Emergency Assistance
  • Up to $3,000 Lost Luggage Insurance
  • Zero Liability On Unauthorized Purchases
.

Verdict - We recommend the Chase Business Rebate Card to the small business owner who is looking for a business cash rebate credit card. One of the attractive features of this card is that you get paid 3% rebates when you make various business purchases. These include purchases at restaurants, hardware and business supply stores. There aren't many business credit cards that pay you extra points for purchases at restaurants or hardware stores for example. So if your small business has expenses in these categories, this will be a great card.

Positives
  • Pays 3% rebates in many categories
  • No annual fee
  • 0% apr for 12 months






Chase Business Rebate Card
Reward Formula
Rebate Formula Earn 3% rebates on purchases at restaurants, office supply stores, gas stations, building supply stores, home improvement stores and hardware stores
Earn 1% rebates on "other purchases"
Cost/Fees/Interest rates
Introductory rate 0% fixed APR for 12 billing cycles (purchases and balance transfers)
Annual Fees No annual fee
Purchase APR Prime Rate plus 5.99%, 9.99% or 14.99%
Balance Transfer APR Prime Rate plus 5.99%, 9.99% or 14.99%
Cash Advance APR Prime rate plus 15.99%
Penalty/Default Rate Prime Rate plus 23.99%
Min Finance Charge $1.00
Grace Period 20 days
Balance Calculation Method 2-cycle average Daily Balance (including new purchases)
Balance Transfer Fee 3% min $5.00 max $75.00
Cash Advance fee 3% min $10.00
Foreign Currency Conversion fee 3%
Over-the-credit-limit fee $35.00
Late Payment fee $15.00 - up to but not including $250.00
$39.00 - more than $250.00



Apply for the Chase Business Rebate Card

If you already have the Chase Business Rebate Card, we would appreciate if you can take some time to post your review. Our readers will find them very helpful.


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