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For business owners who are looking for a cash back credit card option, take a look at the Chase Ink Business Cash Credit Card. It’s currently offering $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
You may find this card attractive if you’re just starting out and you’re budget conscious because it has no annual fee. Rewards are focused on office, restaurant and gas spending. This card can fill in a rewards gap a travel rewards credit card may leave open. Even if you don’t play the points and miles game today, you have the future option to transfer your points to another Chase card. This makes the Ink Business Cash an extremely flexible option.
It features the ability to earn up to 5% cash back. Plus, it comes with travel and purchase coverage benefits including an auto rental collision damage waiver and extended warranty protection.
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The Ink Business Cash offers generous returns on a wide range of office expenses, from supplies to utility services. Because, this is a cash back card, redemption is simpler than with a points and miles card. Nonetheless, you have the option to pair this up with another Chase card in the Ultimate Rewards program to earn even more.
If you’re interested for more offers from Chase, check out all the ongoing Checking/Savings account bonuses!
| BONUS LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Chase Total Checking® | $225 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |
Table of Contents
- 1 Chase Ink Business Cash Card Summary
- 2 Chase Business Checking Option
- 3 Ink Business Cash Card Bonus Cashback
- 4 What are the Rewards Worth?
- 5 Pool Your Ultimate Rewards Points
- 6 Chase Ink Business Cash Point Transfer Program
- 7 Earn More Point Value
- 8 Earn More UR Points With Sapphire Checking
- 9 Ink Business Cash Credit Card Top Features
- 10 Conclusion
Chase Ink Business Cash Card Summary
| Bonus Available | Earn $750 bonus cash back after you make at least $7,500 in purchases within the first 3 months of account opening. |
| *Bonus Value | $1,500 |
| Ongoing Rewards/Benefits |
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| Foreign Transaction Fees | 3% |
| Annual Fee | $0 |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
* The Ink Business Cash Credit Card is issued by Chase Bank. They also offer great sign-up bonuses. You can also compare this card with other credit card bonuses!
* Bonus value is an estimated value calculated by BankCheckingSavings and not the card issuer.
View our latest valuations here.
Chase Business Checking Option
 • Earn $300 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities. • More ways to waive fees. Multiple options to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card • Built-in card acceptance. Accept card payments anytime, anywhere in the U.S., and get transparent pricing with Chase QuickAcceptSM. • Same-day deposits with QuickAcceptSM. Free up the cash you need to keep your business moving forward with same-day deposits at no additional cost. • Alerts to help you stay on top of your account activity. • Easy account management through Chase Business online and the Chase Mobile® app. • Unlimited electronic deposits, ACH and Chase Quick DepositSM. • Convenient access to 16,000 ATMs and more than 4,700 branches. |
Ink Business Cash Card Bonus Cashback
The Ink Business Cash Card has a $750 bonus cashback offer! In order to qualify for this offer, you’ll need to charge at least $7,500 to your card within the first three months of opening your account.
Here are some ideas on meeting the spending requirements:
What are the Rewards Worth?
Even though it’s cashback card, Ink Business Cash rewards are considered as Chase Ultimate Rewards points. You can redeem these points 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. If you combine your UR points from this card with certain other Chase cards, you will get more value.
Pool Your Ultimate Rewards Points
You can pool together points from all Chase cards that earn Ultimate Rewards points. This includes points between Business and Personal cards.
Personal cards that earn UR points:
These cards have a higher travel redemption rate through Chase:
- Chase Sapphire Reserve: 1 point = 1.5 cents (e.g. $750 value for 50k points)
- Chase Ink Business Preferred Credit Card: 1 point = 1.25 cents (e.g. $625 value for 50k points)
- Chase Sapphire Preferred: 1 point = 1.25 cents (e.g. $625 value for 50k points)
Benefits of pooling your Ultimate Rewards points:
- You can transfer points at a 1-to-1 ratio to travel partners for even more value.
- If you combine your UR points and move them to your card with the highest travel redemption rate, all of your points combined will then receive the highest value. For example, 50k UR points with the Chase Sapphire Preferred are worth $625 in travel through Chase. Transfer those points to your Chase Sapphire Reserve and they’ll be worth $750 in travel.
- Transfer your UR points to Chase’s travel partners to potentially receive even more value (up to 2 cents per point per our valuations). This depends on the travel partner and booking details. Try out different booking scenarios to see where your points can get the most value.
Even if you mix business and personal cards, you can use these tips to form a multi-card strategy to maximize rewards.
Chase Ink Business Cash Point Transfer Program
The Chase Ink Business Cash allows you to move your points over to other credit card accounts that earn Chase Ultimate Rewards points. Some cards include the Chase Sapphire Preferred Card or Chase Sapphire Reserve. You can get more value out of your points and boost your points value when you book for travel through Chase Ultimate Rewards.
- Sapphire Preferred + Ink Business Cash = $0.0125/point
- Sapphire Reserve + Ink Business Cash = $0.015/point
You’ll also be able to transfer to partner loyalty programs at a 1:1 ratio. This points strategy could give you up to an average 2 cents per point rate.
Ultimate Rewards Airline/Hotel 1:1 Point Transfer Partners
| Airline Transfer Partners | Hotel Transfer Partners |
| Aer Lingus AerClub | IHG Rewards Club |
| British Airways Executive Club | Marriott Bonvoy (Previously Marriott Rewards) |
| Flying Blue AIR FRANCE KLM | The Ritz-Carlton Rewards |
| Iberia Plus | World of Hyatt |
| JetBlue TrueBlue | |
| Singapore Airlines KrisFlyer | |
| Southwest Airlines Rapid Rewards | |
| United MileagePlus | |
| Virgin Atlantic Flying Club |
Earn More Point Value
You can boost your redemption rate for the first $25,000 spent at office supply stores and communications costs if you transfer your points to another Chase card with Ultimate Rewards.
These cards include Chase Sapphire Preferred and/or the Chase Sapphire Reserve. Generally, points are worth 1 cent apiece with both cards. However, if you redeem them for travel booked through Chase, the point value increases to 1.25 center per point with the Chase Sapphire Preferred and 1.5 cents per point with the Chase Sapphire Reserve.
The Ink Business Cash isn’t eligible for these increased point values, but if you have either Sapphire-branded cards, you can transfer your Chase Ink Business Cash℠ points to it. Then, you can redeem for travel to increase your rewards rate.
Points on the Sapphire-branded cards can also be transferred at a 1:1 ratio to other loyalty travel programs. Some include United Airlines, British Airways or SPG/Marriott. You can potentially get an even higher rewards rate.
To apply for the Chase Ink Business Cash Card, you don’t need to have a formal business to be eligible. If you’re a freelancer or you have a side gig, you should consider applying, considering you meet all other requirements. You don’t even need a Federal Employer Identification Number (EIN) to apply for most business products. Most issuers let you use your Social Security Number instead.
Earn More UR Points With Sapphire Checking
Did you know? You can combine Ultimate Rewards points from all Chase products that earn them. The Chase Sapphire Checking account is offering bonus Ultimate Rewards points when you sign up today. Read our Chase Sapphire Checking review.
 The United Club Infinite Card offers 100,000 bonus miles after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 4X miles per $1 spent on United purchases including tickets, Economy Plus, inflight food, beverages and Wi-Fi, and other United charges. • 2X miles per $1 spent on all other travel • 2X miles per $1 spent on dining including eligible delivery services • 1X mile per $1 spent on all other purchases Plus, you'll get 25% back as a statement credit on purchases of food, beverages and Wi-Fi on board United-operated flights when you pay with your Club Infinite Card. This card does carry an annual fee of $525. However, you can get up to $100 Global Entry or TSA Precheck Fee Credit. In addition, you'll get a savings of up to $320 per roundtrip (terms apply) by getting your first and second checked bags for free! |
Ink Business Cash Credit Card Top Features
Earn 5% cashback in combined purchases at office supply stores and on internet, cable, cellular phone and landline services. Up to a yearly spending limit of $25,000 in combined purchases.
Earn 2% cashback on the first $25,000 spent in combined purchases at gas stations and restaurants. Then, you’ll earn a standard 1% back until the next year.
With the Ink Business Cash, you don’t have to pay anything extra to get additional cards for your employees.
You can also set spending limits for each employee card. This is useful for businesses to manage and track employee expenses.
Conclusion
The Chase Ink Business Cash Card doesn’t cost anything to carry. Thus, if your business spends significant money in the bonus categories, it probably makes sense to pull the trigger. The current sign up bonus is great and the 5% cash back on select categories is pretty significant. With those factors combined, it’s excellent for small business owners, but it might not be ideal for bigger spenders.
The main drawbacks are that the 5% categories are limited and the bonus rewards are capped. Many small businesses spend little on office supplies or telecommunication services. Therefore, you wouldn’t get the full benefit of the 5% cash back. For such businesses, you could check out the Capital One Spark Cash Select for Business. This card offers a flat 1.5% cash back on every purchase with no limit.
Once you hit the $25,000 in combined spending in the bonus categories, you’ll earn only 1% back for the rest of the year. If this is your business, other cards offer higher limits on bonus rewards. One example would be the SimplyCash Plus Business Credit Card from American Express. This card offers 5% cash back on up to $50,000 a year in combined spending at office supply stores and wireless providers, 3% cash back on up to $50,000 a year in spending in a category that you choose, and 1% on everything else (terms apply).
Nonetheless, feel free to check it out if the Chase Ink Business Cash Card fits you. If not, you can find more on our complete list of credit card promotions today!
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Bankcheckingsavings has partnered with CardRatings for our coverage of credit card products. Bankcheckingsavings and CardRatings may receive a commission from card issuers.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
