Looking for signs that the credit market may be poised for a turnaround? While the trend has been to cut back on offering credit to small businesses, most notably exemplified by the closure of Advanta earlier this year, Chase just announced that it is introducing a new line of credit cards targeted to the small business owner.

Ink from Chase will feature the first charge card from any Visa or MasterCard issuer, as well as three more new credit cards for small businesses, offering rewards, cash back and large credit limits.

The Ink Bold is Chase’s new charge card that comes with a variable credit line that automatically adjusts to consumers’ spending patterns. Ink Bold carries an annual fee of $95 which is waived for the first year. Each dollar spent will earn one point, which is equivalent to a 1% rebate. Also of note:

As one-time bonuses Annually, once you exceed $25,000 in net purchases you will receive 7,500 bonus points, once you exceed $50,000 in net purchases you will receive an additional 15,000 bonus points, and once you exceed $100,000 in net purchases you will receive an additional 25,000 bonus points.

Ink Cash also offers one point per dollar spent with no annual fee. In addition, it offers an additional 2 bonus points per dollar spent at gas stations, restaurants, home improvement stores and office supply stores. Purchases made at convenience stores, superstores, warehouse clubs and discount stores, however, are not eligible for the bonus points. Bonus points are also limited to 4,000 per billing cycle.

Ink Plus has a $60 annual fee that is waived the first year. In addition to the one base point per dollar spent, you will also earn
a one-time bonus of 10,000 bonus points for exceeding $50,000 in net purchases and a one-time bonus of an additional 15,000 bonus points for exceeding $100,000 in net purchases. Sadly but predictably, this is far less attractive than the 1.5% rebate that the Chase Flexible Rewards Business card, this card’s predecessor, offered.

For more information on these new cards, see www.inkfromchase.com.