The Chase Ink Business Cash Card boasts an attractive cash back structure, an attractive sign-up bonus and other useful benefits such as purchase protections; however, depending on a person’s spending habits and travel rewards needs it may not be worth their while to use this card.
This card provides up to $25,000 annually in purchases at office supply stores and internet/cable/phone services and earns 5% back, while gas stations and restaurants receive 2%. Furthermore, Chase’s Ultimate Rewards portal makes for convenient redemption options.
1. 5% cash back on office supply stores
The Ink Business Cash card provides attractive rewards in numerous business-related categories and plenty of perks – such as travel protection. But this card may not be worth it for all small business owners – some may find more rewarding cards with different perks instead.
Chase Ink Business Cash Card not only offers an attractive welcome bonus, but its rewarding structure can deliver substantial returns: up to 5% cash back on office supplies and internet, cable and phone services are among the more prevalent business expenses that could add up quickly each year. Plus, with 1.5 percent cash back earned on all purchases that can be redeemed for gift cards or used toward travel through Chase Ultimate Rewards portal, this card could easily save your business hundreds or even thousands annually!
One drawback of the Ink Business Preferred Card is its 2% cash back at gas stations and restaurants; though this may be considered minor, maximizing earnings potential requires taking this into consideration.
Combining Ink Business Cash with another card that earns Ultimate Rewards points can increase your earning potential significantly, especially when used to transfer them into airline or hotel loyalty programs. For example, using Chase Ink Business Cash card in conjunction with other Ultimate Rewards-earning cards like World of Hyatt Credit Card could give you access to first class airfare on ANA and cheap flights throughout Europe via Air France/KLM Flying Blue Credit Card from Chase (Rates & Fees).
Smart business owners open both an Ink Business Cash and Ink Business Preferred card to make the most out of bonus spending opportunities and hit their $25,000 limit twice as fast, yielding greater rewards for all categories 5% back! This strategy could yield immense value.
2. 2% cash back on gas stations and restaurants
As its name implies, this card offers 2% cash back on gas stations and restaurants – up to $25,000 total spending each account anniversary year – making it one of the best business credit cards to earn rewards on dining and fuel costs.
Chase Ink Business Cash Card gives cardholders access to 3% cash back for travel purchases, shipping purchases, internet, cable and phone services, advertising purchases made via social media sites or search engines and some other categories of spending. Plus you’ll earn an attractive sign-up bonus: Receive $900 in bonus cash back by making $6,000 worth of purchases within three months after opening their card!
However, to qualify and take advantage of this card’s sign-up bonus you’ll require an excellent personal credit score (700 or higher). Even then, personal cards may be preferable over business ones for small startups and side gigs; mom-and-pop shops, for instance, may qualify as small businesses when applying for personal credit cards, since you can use your Social Security Number instead of Employer Identification Number as proof of existence when filling out applications.
The Chase Ink Business Cash Card doesn’t offer many travel-related perks and has annual spending caps in its primary categories. If you prefer cards that provide rewards specifically for such expenses, consider other alternatives, such as Capital One Spark Cash Select*.
The Ink Business Cash Card’s benefits include zero liability for unauthorized charges and redemption of Chase Ultimate Rewards(r). Furthermore, extended warranty protection on items with warranties of three years or less and roadside assistance such as towing, jumpstarting, battery replacements, tire changes and lockout services is provided as part of its roadside assistance service as well as gas delivery.
3. 1% cash back on everything else
The Chase Ink Business Cash Card boasts an attractive sign-up bonus and higher earning rates in certain spending categories; you can transfer rewards into valuable Ultimate Rewards points easily; it even enables businesses to transfer rewards into Ultimate Rewards points! However, its travel perks and reward potential don’t compare favorably with some of its sibling cards.
To maximize their credit card’s benefits, business owners should maximize the 5% earning rate on office supplies and telecom purchases before using it for other expenses to earn 2% back at gas stations and restaurants.
If your business involves extensive travel, consider cards that offer higher rates on travel spending – like the Chase Sapphire Preferred Card or Chase Ink Business Preferred Card from Chase. Both offer bonus points when booked through their websites or directly with airlines as well as additional perks and advantages.
The Ink Business Cash Card also comes with several additional valuable perks, including purchase protection and extended warranty coverage. Purchase protection covers new purchases against damage or theft for 120 days with maximum payout of $10,000 per claim and $50,000 total per account; extended warranty coverage provides one additional year of protection on U.S. manufacturer warranties of three years or less.
Foreign transaction fees may also be an inconvenience for those who frequently make international purchases for work purposes. On the plus side, however, this card provides access to a travel and emergency assistance hotline, offering roadside dispatch, legal and medical referrals and more – although we believe this benefit doesn’t justify its $25 annual fee.
4. No annual fee
The Chase Ink Business Cash Card provides an attractive return on business spending, particularly bonus categories like office supply stores and internet, cable, and phone services. Plus it comes with an exciting welcome offer of $900 cash back after spending $6,000 within three months of opening an account – one of the highest sign-up bonuses currently available!
This card also offers a primary rental car collision damage waiver, an invaluable feature for any small business traveler. When paying with this card for rental car purchases made for business purposes rather than personal reasons, up to $50,000 of damage or theft damage costs will be covered under its coverage – provided it was used exclusively for this purpose and not personal use.
Purchase protection is another advantage offered by this card, providing protection for purchases against damage or theft for 120 days from their initial purchase date. In addition, secondary warranty services extend US manufacturer warranties by up to one additional year on eligible warranties of three years or less.
Last but not least, the card is part of Chase Ultimate Rewards, meaning its points can be redeemed for travel rewards such as Hyatt hotel stays or ANA first class flights. Simply transfer them over to other Chase cards such as Sapphire Preferred or Ink Business Preferred cards to access them and redeem for valuable travel perks – like free hotel stays at Hyatt or first class tickets with ANA!
If you’re a small-business owner seeking a card that allows them to earn 5% back on major expenses, the Chase Ink Business Cash card could be ideal. Its bonus earnings rates cannot be beat and converting these earnings back into travel redemptions through other Ultimate Rewards cards is an added perk.
5. Travel and emergency assistance
The Ink Business Cash card boasts an attractive welcome offer of $900 in bonus cash back after spending $6,000 over three months, matching this card’s all-time high bonus offer. In addition, office supply stores and telecom services earn 5% cash back – perfect for certain businesses; however if your spending heavily on other categories like travel or shipping requires another card with higher rewards rates.
Ink Business Cash provides small business owners with other valuable benefits. Its primary rental car coverage can save money should your work necessitate the use of rental cars; and its extended warranty protection helps extend coverage on most U.S. manufacturers’ warranties by up to 120 days.
Chase’s business card app can be an invaluable tool for small-business owners, helping to track spending and manage expenses more easily. Plus, its many perks such as visualizing spending patterns, setting purchase alerts and saving receipts right in-app make it an indispensable companion.
This card is an ideal solution for small-business owners seeking an accessible rewards card that offers strong earning rates in key categories. With no annual-fee bonus and affordable rewards rates, this is an economical alternative to other business cards on the market.
Note that this card charges foreign transaction fees, making it less suitable for business travelers. In such a situation, a business card with no foreign transaction fees or offering a 0% intro period could be more suitable; or for earning valuable travel rewards more quickly the Ink Business Preferred or Chase Sapphire Reserve Cards could be worth investigating further.
