Ink Business Cash<sup>®</sup> Credit Card
On Chase's Secure Website
Ink Business Cash<sup>®</sup> Credit Card
On Chase's Secure Website
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Ink Business Cash® Credit Card Review: A Great No Annual Fee Business Card

Ink Business Cash® Credit Card Review: A Great No Annual Fee Business Card

The Ink Business Cash® Credit Card is an excellent choice for small businesses with irregular cash flow, and low spending needs.

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Editor's Rating

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Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

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Quick facts

More details

Rates & fees

  • Credit needed: 750-850
  • Sign-up bonus:Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. Low bonus for high spend
  • Earning rate: 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. Offers flexibility
  • Annual fee: $0 Suited for entrepreneurs whose spending won’t earn enough rewards to justify an annual fee
  • Intro APR: 0% Intro APR on Purchases for 12 months on purchases (then a 13.49% - 19.49% Variable APR) Rare for business credit cards

Quick facts

  • Credit needed: 750-850
  • Sign-up bonus:Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. Low bonus for high spend
  • Earning rate: 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. Offers flexibility
  • Annual fee: $0 Suited for entrepreneurs whose spending won’t earn enough rewards to justify an annual fee
  • Intro APR: 0% Intro APR on Purchases for 12 months on purchases (then a 13.49% - 19.49% Variable APR) Rare for business credit cards

More details

  • 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 purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
  • 0% introductory APR for 12 months on purchases

Rates & fees

  • Intro Purchase APR: 0% Intro APR on Purchases for 12 months
  • Regular Purchase APR: 13.49% - 19.49% Variable
  • Intro BT APR: N/A
  • Regular BT APR: 13.49% - 19.49% Variable
  • Annual Fee: $0
  • Foreign Transaction Fee: 3% of each transaction in U.S. dollars
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.

Pros

  • $0 annual fee
  • 0% Intro APR on Purchases for 12 months, then 13.49% - 19.49% Variable

Cons

  • No travel rewards for companies whose employees fly or visit clients frequently
  • Not a good value for businesses spending more than $25k per year
annual fee\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n 0% Intro APR on Purchases for 12 months, then 13.49% - 19.49% Variable\n \u003C\/li\u003E\n \u003C\/ul\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\n\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"half pad align-left clearfix\"\u003E\n\u003Cdiv class=\"ShortcodeList--root \"\u003E\n \u003Ch3 class=\"ShortcodeList--title\"\u003ECons\u003C\/h3\u003E\n\n \u003Cdiv class=\"ShortcodeList--content\"\u003E\n \u003Cdiv class=\"ShortcodeList--column\"\u003E\n \u003Cul class=\"ListUnordered--root ListUnordered--icon-times-circle\"\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n No travel rewards for companies whose employees fly or visit clients frequently\n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n Not a good value for businesses spending more than $25k per year\n \u003C\/li\u003E\n \u003C\/ul\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\n\n\u003C\/div\u003E\n\u003C\/div\u003E\n","padding":"none"}

Is the Ink Business Cash® Credit Card worth it?

We think the Ink Business Cash® Credit Card is an excellent choice for small businesses that spend heavily in the card's 5% and 2% bonus categories.

The card comes with a 0% Intro APR on Purchases for 12 months (then 13.49% - 19.49% Variable variable), providing businesses that may have trouble paying down their balances some much-needed breathing room.

However, for companies with greater expenses who can afford to pay an annual fee, the Ink Business Preferred℠ Credit Card or another business card may be better suited to your needs.

Sign-up bonus: Cash back

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

As mentioned above, this is not outstanding when we look at bonuses offered by other business cards, but as far as $0 annual fee cash back credit cards go, the Chase Ink's bonus is quite generous. Still, in the realm of business credit cards, bonus offers can make a huge impact.

Earning rate

Cardholders 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.

The two bonus spending categories (of 5% and 2%) are each capped at the first $25,000 spent in combined purchases per year — after that, your earnings drop down to 1%. That means if you make $50,000 in purchases at gas stations in one year, you will receive $750 back ($500 from the first $25,000 you spend, and just $250 from the spending over that). Even with the cap, you earn excellent rewards in these bonus categories.

However, as you can see from our chart below, the card's overall earning rate is low compared to other cashback cards. Business owners looking to earn a high rate of cash back with a single card will likely do better with a flat-rate card, like the Capital One Spark Cash for Business.

Average rewards earned per $1 spent

We estimate an earning rate for the average consumer based on U.S. Bureau of Labor data and multiply that by the value of each card’s points or miles.

What are Chase Ink Business Cash® Credit Card points worth?

Your points are worth 1 cent per point when redeemed for cash back or in most other ways through Chase Ultimate Rewards®. However, you can boost your point value by pooling them with a premium Chase card that allows you to transfer points to hotel and airline loyalty programs (the Ink Business Preferred℠ Credit Card, for example). For these card types, we consider Ultimate Rewards points to be worth 2.0 cents each on average.

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Redeeming rewards: Ultimate Rewards points

One of the best things about the Ink Business Cash® Credit Card is that it offers a number of flexible and valuable redemption options. You can redeem your rewards for travel, cash back, gift cards and beyond through Chase's online Ultimate Rewards® portal. Redemptions start at just 2,500 points and your rewards will not expire as long as your account is open.

Redemption
Points value
Book travel via the Chase Ultimate Rewards® Portal1 cent
Transfer points to travel partners at a 1:1 ratioNot possible with the Ink Business Unlimited® Credit Card
Use points at Apple Ultimate Rewards store1 cent
Redeem points for 150+ gift cards1 cent
Redeem points for cash back1 cent
Redeem points for Amazon Shop with Points0.8 cent

Savvy traveler tip: You can significantly boost the value of your Ink Business Cash rewards by pooling them with a premium card like the Ink Business Preferred℠ Credit Card and redeeming them for travel. The Ink Business Preferred℠ Credit Card gives a 25% bonus on points redeemed through the Chase travel portal and also lets you transfer points to Chase hotel and airline partners for an even better value.

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Intro APR

The Ink Business Cash® Credit Card offers a 0% Intro APR on Purchases for 12 months on purchases (then a 13.49% - 19.49% Variable APR), creates more breathing room for small businesses. This is a feature we don't see often in other business credit cards. This can turn into big savings for companies that tend to operate in the red, and have irregular cash flows.

If your business will be unable to pay off your credit card bill in full each month, having a 0% intro APR can save a significant amount of money from interest.

We anticipate this being especially useful to young start-ups and small personal businesses, which may require larger capital investments in the beginning before generating cash flow.

Other Benefits of the Ink Business Cash® Credit Card

There are a number of other rewards and perks that make the Ink Business Cash® Credit Card a great choice for entrepreneurs or small business owners to consider.

If you pay for auto rentals in full with your Ink Business Cash® Credit Card and decline the car rental agency's coverage, you will be automatically covered for theft or damage of a qualified rental car.

Purchases to the card — ranging from employee computers to furniture for the office — are insured by the bank for up to $10,000 per claim and up to $50,000 per account. The coverage for each item lasts for up to 120 days. Additionally, all purchases on the card will receive one year of extended warranty protection.

This applies only to eligible warranties of up to three years (meaning that you may qualify for a maximum warranty of four years by using your Ink Business Cash® Credit Card).

The Ink Business Cash® Credit Card gives business owners the ability to control and monitor their credit spending. Account holders are able to set up individual spending limits on employee credit cards.

They can also take screenshots of different purchase receipts and file them directly using the Chase Ink mobile app. This can help you keep track of all business expenses come tax season. This feature may be extra useful for small companies with no dedicated accounting departament.

What credit score is needed for the Ink Business Cash® Credit Card?

The Ink Business Cash® Credit Card requires a credit score of at least 750. You'll want to check and make sure your credit score is high enough before applying for the card both to increase your chances of approval and to avoid harming your current credit score.

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How does the Ink Business Cash® Credit Card Compare to Other Credit Cards?

It's important to be aware of all your options before making a decision to take out a new credit card. Here are some other cards that are competitive with the Ink Business Cash® Credit Card:

0
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Annual Fee
$0
$125
$0
More card details
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Not available on ValuePenguin
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On Capital One's Secure Website

Ink Business Cash® Credit Card vs. Marriott Bonvoy Business™ American Express® Card

Verdict: Stellar rewards rates with less flexibility

For businesses with a lot of travel expenses (especially Marriott hotel stays), the Marriott Bonvoy Business™ American Express® Card is a better choice. The card offers 6x points at participating Marriott Bonvoy hotels. 4x points at U.S. restaurants, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping. 2x points on all other eligible purchases.

However, ultimately we prefer the Ink Business Cash® Credit Card to the Marriott Bonvoy Business™ American Express® Card due to its flexibility. If you want a credit card for your business that will earn you rewards in other forms than airline tickets and hotel stays, we recommend going with the Ink Business Cash® Credit Card.

Ink Business Cash® Credit Card vs. Capital One Spark Cash Select - $500 Cash Bonus

On Capital One's Secure Website

Verdict: Better flat-rate of rewards for business who prefer simplicity

The Capital One Spark Cash Select - $500 Cash Bonus lets cardholders earn 1.5% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel with no minimums or expiration date. This flat-rate rewards structure can be more valuable to small business owners with varied spending, who wouldn't necessarily benefit from the bonus rewards categories offered by the Ink Business Cash® Credit Card

The card also has a $0 annual fee and lets cardmembers earn a $500 Cash Back once you spend $4,500 on purchases within the first 3 months from account opening. These benefits can be useful to small business owners looking to keep costs down while earning rewards on their spending.

If you spend more than $25,000 per year, check out the Capital One Spark Cash Plus instead. It charges an annual fee of $150. However it earns a much better rate of 2% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel.

On Capital One's Secure Website

Should you get the Ink Business Cash® Credit Card?

If your business has relatively low expenses and would appreciate some wiggle room when it comes to paying off their credit card in full each month, the Ink Business Cash® Credit Card can be a worthwhile investment. It provides solid rewards with no annual fee.

However, if you'd prefer a card that offers flat-rate rewards or if your business has higher expenses, you may be better off choosing a different business credit card instead.

Ink Business Cash® Credit Card resources

How do I receive my cash back rewards? Your rewards are earned in the form of Ultimate Rewards points. You need to log in to the chase.com, and choose to redeem your points for cash back, in order for the rewards to be applied to your account. You need a minimum of 2,500 points in order to redeem.

Ink Business Cash® Credit Card FAQs

How hard is it to get the Ink Business Cash® Credit Card?

The Ink Business Cash® Credit Card requires an Excellent credit score for approval. If your credit score isn't high enough, it will be difficult for you to get the Ink Business Cash® Credit Card.

Can you have two Chase Ink Cash cards?

You can have a combination of the Ink Business Cash® Credit Card, Ink Business Unlimited® Credit Card and Ink Business Preferred℠ Credit Card cards at once. However, you'll need to make sure applying for another card won't violate Chase's 5/24 rule, which states that if you've been approved for five credit cards in the last 24 months, you will be denied for other Chase credit cards.

Should I get the Ink Business Cash® Credit Card or the Ink Business Unlimited® Credit Card?

Deciding between the Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card will depend on whether your business can benefit more from flat-rate rewards or bonus categories. The Ink Business Unlimited® Credit Card will be better suited for consumers who would prefer to earn a flat rate of Earn unlimited 1.5% cash back on every purchase made for your business.

What is the annual fee on the Ink Business Cash® Credit Card?

The Ink Business Cash® Credit Card charges a $0 annual fee.

The information related to the Marriott Bonvoy Business™ American Express® Card has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information.

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.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).

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