There is a plethora of business credit cards out there. However, the Ink Business Cash® Credit Card offers some of the best rewards with a up to $750 cash back signup bonus, no annual fee, and a superb rewards program.
The offer is now up to $750 – split between $350 for the first $3,000 spend and an additional $400 when you spend $6,000 within the first 6 months of account opening.
Ink Business Cash® Credit Card
Update 11/20/24: I personally have 2 Chase Ink Cash Cards since I have two type of business. If you have multiple businesses, then you can get more Ink cards.
With this card, you can 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.
While the promotion says $750 cash back, you actually earn 75,000 in Ultimate Rewards points for the sign up bonus. If you have the Chase Ink Business Preferred® Card in order to transfer your points to their travel partners(E.G Hyatt), you can get up to $1,500 in value.
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Business Card Appplication Tip: You may not know this, but if you ever sell something on eBay, Craigslist, or do any freelance work, your business is called sole proprietorship. Simply use your name as business ID and Social Security number as tax ID on your application to apply.
Ink Business Cash® Credit Card Summary
| Bonus Available | Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. |
| Ongoing Rewards/Benefits | 5% cash back on the first $25k spent in combined purchases at office supply stores and on internet, cable and phone services each year.
2% cash back on the first $25k spent on combined purchases at gas stations and restaurants each year. Unlimited 1% cash back on all other purchases. Employee cards at no additional cost. |
| Foreign Transaction Fees | 3% |
| Annual Fee | $0 |
Ink Business Cash® Credit Card Bonus
Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.
What the Rewards are Worth?
Even though it’s a cashback card, Ink Business Cash® Credit Card rewards are tracked as Chase Ultimate Rewards points. You can redeem them for:
- Cash: As statement credit to apply toward your balance, or directly deposited to most United States checking and savings accounts.
- Travel: For premium vacation packages, cruises or fly any class on most major airlines. There are no restrictions or blackout dates on airfare booked through Chase Ultimate Rewards.
- Gift cards: Over 70 gift card options available including Home Depot, iTunes, Amazon and Staples.
- Amazon items: Instantly redeem your points to pay for all or part of your eligible Amazon order, including tax and shipping.
Each Chase Ultimate Rewards point is worth $0.01, except for Amazon items which has a lesser value.
Combining your UR points from this card with other eligible Chase cards will get you more value.
Maximizing Your Rewards
If you want to get the most out of your points, move them to other credit accounts that earn Chase Ultimate Rewards.
Cards like Chase Sapphire Preferred card and the Chase Sapphire Reserve Card.
This will help boost your points value when you book for travel through Chase:
- Sapphire Preferred + Ink Business Unlimited = $0.0125/point
- Sapphire Reserve + Ink Business Unlimited = $0.015/point
Additionally, you’ll also be able to transfer to other loyalty programs at a 1:1 ratio if you have either of the cards above.
So the 10,000 UR points = 10,000 points/miles with the transfer partner. You can get up to an average of 2¢ per point value by doing this.
Ink Business Cash® Credit Card Top Features
Unlike most business credit cards, it doesn’t come with an annual fee! You can sock it away and not have to worry about a single thing!
Your employees can make necessary purchases in the name of the business without giving up control of the account. You can set each employee to various spending limits anytime you feel like you need it.
This way, your employees’ spending will also help you gain more in cash back.
Get free monthly statements and quarterly management reports. Expenses are itemized and categorized to track your business’ spending easier. Card holders receive zero liability protection. For any unauthorized purchases made with your Ink business card, you are not responsible to pay a single cent.
Enjoy travel accident insurance, auto rental insurance, roadside dispatch, baggage delay refund, 24/7 real-person customer service, purchase protection, extended warranty, fraud early warning service, etc.
- Purchase Protection: Purchasing a fancy new laptop? No worries. Your new, eligible purchases with the Ink Business Cash® Credit Card are covered against damage or theft for up to 120 days and up to $10,000 per claim for a maximum of $50,000 per account.
- Extended Warranty Protection: If you purchase a product in the U.S., you get an additional year of warranty on eligible products if the U.S. manufacturer’s warranty is 3 years or less.
Small-Business Mind Set
The Ink Business Cash® Credit Card understands small businesses and their needs. Whether you are a small business owner or sole proprietor, you’ll need a business credit card that rewards you on purchases geared towards business expenses and keep track of your spending.
The Ink Business Cash® Credit Card offers online business tools to allow easy account managing. Set spending limits on employee cards. Plus, track expenses and identify potential tax deductions.
Small businesses are hard to keep up with because of the many moving parts and limited amount of people to oversee. However, Chase also offers Ink Mobile app.
This mobile app will allow you to monitor your business down to the T.
You’ll never have to wait to get a surprise, good or bad, since you have your account information at your fingertips any day and anytime.
Bottom Line
With generous cash back options along with travel and shopping benefits, the Ink Business Cash® Credit Card is one of the best business credit cards around (along with a generous bonus).
The money you earn off the credit card rewards help keep your business up. Plus, it can also make itemizing your purchases a breeze.
The Ink Business Cash® Credit Card is a small business gem and shines in several aspects.
Enjoy a fantastic bonus, superb cash back rewards, no annual fees to pay, and more.
Do yourself and the business a favor and apply for this card today! For more options, see our list of the latest credit card offers and banking offers from Chase.
There are other versions of the Ink Business cards from Chase. You can compare this card to the others: Ink Business Premier, Ink Business Preferred card and the Ink Business Unlimited card.
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For more details pricing & terms, click here.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
I have 3 questions :
1. Can I use this card to regularly buy Visa/Master Gift cards for 5% cashback from Staples/Office Depot?
2. I don’t own any business, how could I get this card still ?
3. Is this the best card in the market to get the most of 5% cash back from the Office supply stores on Visa/Master Card ?
Yes, I have done this before. Call them up and tell them you want to downgrade to the no annual fee version.
Can we downgrade from a Ink Plus or Bold card to this no-fee version if we don’t wanna get hit with the annual fee?
Treat like any credit cards you have in your wallet. It’s no difference.
If I sign up for this card by calling myself a sole proprietor, do I have to list this on my yearly taxes? If so, do I have to keep receipts for every purchase? I really like the idea of putting my cell phone, cable and gas on this card, but I don’t want to have it bite me in the butt.