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    Chase Ink Business Cash card review: A no-annual-fee business card with a best-ever bonus worth $750 and strong earning categories

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    Chase Ink Business Cash card review: A no-annual-fee business card with a best-ever bonus worth $750 and strong earning categories

    This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on the page are from our partners like Citi and American Express, but our coverage is always independent. Terms apply to the offers listed on this page.

    Regular APR

    13.24%–19.24% variable APR

    Featured Reward

    $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening

    Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

  • Details
  • Pros & Cons

    • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
    • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
    • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
    • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
    • 0% introductory APR for 12 months on purchases
    • Employee cards at no additional cost
    • No Annual Fee
    Pros
    • Broad 5% and 2% cash-back categories (you can earn bonus cash back at office supply stores and at gas stations and restaurants)
    • Intro APR offer for purchases
    • No annual fee
    • You can pair this card with a card that earns Ultimate Rewards to redeem your cash back for travel
    Cons
    • Annual cap on bonus categories


    Read Our Review
    Read Our Review A looong arrow, pointing right

    There are lots of credit cards for small-business owners to choose from, but rarely do we see a sign-up bonus this lucrative — especially from a card with no annual fee. Right now, the Ink Business Cash® Credit Card has a sign-up bonus of $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. 

    Along with a generous bonus, the Ink Business Cash® Credit Card has strong 5x and 2x bonus categories and easy-to-use rewards, so it’s worth keeping for the long term. 

    You’ll earn bonus points for expenses including office supplies, internet, gas, and dining. The bonus categories are designed with small businesses in mind, including: 

    • 5% cash back (5 Chase Ultimate Rewards points per dollar) on the first $25,000 spent (then 1x) in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year
    • 2% cash back (2 Chase Ultimate Rewards points per dollar) on the first $25,000 spent (then 1x) in combined purchases at gas stations and restaurants each account anniversary year 
    • 1% cash back (1 Chase Ultimate Rewards point per dollar) on all other purchases with no cap

    If you spend a lot in the bonus categories, the Ink Business Cash® Credit Card is especially beneficial. Beyond the considerable earning potential, it comes with purchase and extended warranty protection and primary rental car insurance when you rent for business purposes. It’s rare to see these benefits on cards with no annual fee

    Bottom line: Between the best-ever sign-up bonus, extra rewards in useful categories, and ongoing benefits like purchase protection and primary rental car insurance, the Ink Business Cash® Credit Card is an excellent business credit card. If you like the bonus categories, extra perks, or just want a cash bonus, this is an offer to consider. 

    We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

    Ink Business Cash® Credit Card Ink Business Unlimited® Credit Card Ink Business Preferred® Credit Card

    Annual fee

    $0

    Annual fee

    $0

    Annual fee

    $95

    Rewards rate

    5% cash back (5x points) at office supply stores and on internet, cable, and phone services*

    2% cash back (2x points) at gas stations and restaurants*

    1% cash back (1x points) on all other purchases 

    Rewards rate

    1.5% cash back (1.5x points) on all purchases with no cap

    Rewards rate

    3x points on travel, shipping, phone/cable/internet, and search engine or social media advertising purchases**

    1x points on all other purchases

    Welcome bonus

    $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening

    Welcome bonus

    $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening

    Welcome bonus

    100,000 points after spending $15,000 on purchases in the first 3 months from account opening

    Foreign transaction fee

    Yes

    Foreign transaction fee

    Yes

    Foreign transaction fee

    No

    Learn more Learn more Learn more

    *5% cash back and 2% cash back on the Ink Business Cash® Credit Card on up to $25,000 in combined purchases each year, then 1% cash back.

    **3x points on the Ink Business Preferred® Credit Card on up to $150,000 in combined purchases each year, then 1x.

    Ink Business Cash® Credit Card American Express Blue Business Cash™ Card Capital One® Spark® Cash for Business

    Annual fee

    $0

    Annual fee

    $0

    Annual fee

    $0 intro for the first year, $95 after that

    Rewards Rate

    5% cash back (5x points) at office supply stores and on internet, cable, and phone services*

    2% cash back (2x points) at gas stations and restaurants*

    1% cash back (1x points) on all other purchases 

    Rewards Rate

    2% cash back on all eligible purchases up to $50,000 per calendar year, then 1%

    Rewards Rate

    2% cash back on all eligible purchases with no cap

    Welcome bonus

    $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening

    Welcome bonus

    None

    Welcome bonus

    $500 cash bonus once you spend $4,500 on purchases within the first 3 months

    Foreign transaction fee

    No

    Foreign transaction fee

    Yes

    Foreign transaction fee

    No

    Learn more Learn more Learn more

    *5% cash back and 2% cash back on the Ink Business Cash® Credit Card on up to $25,000 in combined purchases each year, then 1% cash back.

    Even though the card is advertised as a cash-back credit card, you’ll actually earn Chase Ultimate Rewards points, which are worth 1 cent each when you redeem them for cash back, gift cards, or travel through the Chase travel portal.

    So you’re effectively earning 1 cent per dollar (1% cash back) spent in non-bonus categories, and 2 cents or 5 cents per dollar (2% or 5% cash back) in eligible bonus categories. Your points accrue in your card account and never expire as long as the account is open. 

    If you have other Chase cards that earn Ultimate Rewards points, like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or Ink Business Preferred® Credit Card, you can combine all your points with one of those accounts. From there, you can transfer to Chase’s airline and hotel partners where your points are potentially worth much more

    You’ll also have access to the Chase Pay Yourself Back feature, where you can redeem points for a better value toward expenses like groceries, dining, and more (depending on the card you have).

    Having multiple Chase Ultimate Rewards cards is an excellent strategy that allows you to take advantage of several different bonus categories. For example, the Chase Sapphire Preferred® Card earns 2 points per dollar spent on travel and dining. So you could use the Chase Sapphire Preferred® Card for your travel and dining purchases, and use your Ink Business Cash® Credit Card to pay for purchases at office supply stores, and for gas, phone, cable, and internet charges — and then combine all your points together and transfer to travel partners via your Chase Sapphire Preferred® Card.

    Savvy travelers like to pair Chase Ultimate Rewards cards to maximize the value of their points, but you certainly don’t have to. If you prefer to keep it simple, the strong bonus categories from the Ink Business Cash® Credit Card are enough on their own for cash-back rewards. Just know that if you want to “level up” down the road, adding another Chase Ultimate Rewards card is a good option. 

    How to redeem Chase Ultimate Rewards points from the Chase Ink Cash

    Chase makes it incredibly easy to redeem your Chase Ultimate Rewards points. Just access your account online and navigate to the rewards page. There, you’ll see options to book travel, purchase gift cards, get a statement credit, or deposit cash into your checking account. 

    Remember, your points are worth 1 cent each for these options. 

    You’ll also see that you can use your points for Apple merchandise or on Amazon. If you redeem for Apple products, you’ll generally get a rate of 1 cent per point. But each point is worth less than 1 cent when you use them to shop on Amazon, which is a poor value. Amazon makes it easy (and tempting) to use your points this way, but it’s usually the worst deal of them all. The best redemptions are to pay for your next trip or simply get cash directly in your account. 

    Again, you can increase the value of your points by pairing your Chase Ultimate Rewards cards. When you have a Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card and combine your points, they’re automatically worth 1.25 cents each toward travel, which is 25% more. Plus, due to the coronavirus pandemic, Chase added a Pay Yourself Back feature that gives you the same 25% bonus when you redeem for groceries, dining, home improvement, and eligible charities (Chase Sapphire Preferred® Card) or select online advertising and shipping expenses and eligible charities (Ink Business Preferred® Credit Card).

    If you have the Chase Sapphire Reserve®, each point is worth 1.5 cents (50% more) toward travel, or for the same Pay Yourself Back categories as the Chase Sapphire Preferred® Card.

    Chase Ink Cash benefits and features

    Primary rental car insurance

    The Ink Business Cash® Credit Card can save you lots of money when you’re on the road. You’ll get primary rental car insurance when you rent for business purposes, waive the rental company’s collision insurance, and charge the entire rental cost to your card. 

    This is an excellent perk for a no-annual-fee card that covers reimbursement in the event of theft or collision damage for most rentals in the US and abroad. Keep in mind liability insurance isn’t included, so you’ll have to pay for that separately or have your own coverage through your personal policy.

    Purchase protection and extended warranty

    When you use your Ink Business Cash® Credit Card, you’ll get purchase protection and extended warranty protection, which is especially handy for big-ticket items like copiers, televisions, or computers. These features alone can save your business a lot of money should you ever need to use them. 

    With purchase protection, new purchases are covered for 120 days from damage or theft up to $10,000 per claim and $50,000 per account. Extended warranty protection extends a US manufacturer’s warranty by an additional year on warranties of three years or less.

    Travel and emergency assistance, and roadside dispatch

    If you find yourself needing help during your travels, you can call for emergency assistance as part of your benefits. You’ll have to cover the cost of any services rendered, but it’s convenient for arranging help when you’re in an unfamiliar place. 

    You can also ask for roadside dispatch for things like a tow, jumping a dead battery, or fuel. Again, you’ll be responsible for the cost of the service, but your benefits administrator will coordinate on your behalf. 

    Zero-liability and fraud protection

    The Ink Business Cash® Credit Card comes with protection against fraud and unauthorized charges made to your account. You can set alerts that monitor your account activity and set how and when you receive them. Should anything happen with your card or account information, zero liability means you won’t be responsible for any charges made without your knowledge. 

    Regular APR

    13.24%–19.24% variable APR

    Featured Reward

    $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening

    Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

  • Details
  • Pros & Cons

    • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
    • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
    • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
    • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
    • 0% introductory APR for 12 months on purchases
    • Employee cards at no additional cost
    • No Annual Fee
    Pros
    • Broad 5% and 2% cash-back categories (you can earn bonus cash back at office supply stores and at gas stations and restaurants)
    • Intro APR offer for purchases
    • No annual fee
    • You can pair this card with a card that earns Ultimate Rewards to redeem your cash back for travel
    Cons
    • Annual cap on bonus categories


    Read Our Review
    Read Our Review A looong arrow, pointing right

    Chase Ink Business Cash card fees and costs

    There’s a $0 annual fee with the Ink Business Cash® Credit Card, so nothing to worry about there — the card (and all employee cards) are free to keep for as long as you want. 

    The Ink Business Cash® Credit Card also has an introductory 0% APR on purchases for 12 months from account opening, which makes it a smart choice for new business owners or those looking to control their cash flow. This is another perk we don’t usually see with business credit cards. 

    After the first 12 months, you’ll pay a 13.24%–19.24% variable APR based on your credit profile. This card does have a foreign transaction fee so it’s best not to use it abroad, but there are plenty of credit cards with no foreign transaction fees to use instead.

    Like other cards, there are also fees for balance transfers, cash advances, and late or returned payments.

    Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.

    Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.

    Business Insider may receive a commission from The Points Guy Affiliate Network, but our reporting and recommendations are always independent and objective.

    Please note: While the offers mentioned above are accurate at the time of publication, they’re subject to change at any time and may have changed, or may no longer be available.

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