Chase Ink Business Cash® Credit Card Review

The Chase Ink Business Cash® Credit Card is one of the best business credit cards around.

With the $0 annual fee and 0% APR for the first year, it is affordable enough for just about any small business owner to use.

You get to enjoy great perks, including up to 5% cash back on eligible purchases.

Chase Ink Business Cash® Credit Card Pros and Cons

Pros:

• $0 annual fee
• 0% APR for first 12 months
• Earn cash back easily on many purchases

Cons:

• No travel-related rewards
• High foreign transaction fee

Chase Ink Business Cash® Credit Card Review

• Annual Fee: $0
• Regular APR: 0% first 12 months, then 13.24% – 19.24% Variable
• Rewards: Cash back and more
• Foreign Transaction Fee: 3%
• Sign-Up Bonus: $750 bonus if you spend $7,500 in the first 3 months

Chase Ink Business Cash® Credit Card Rewards

Earning Rewards

There are several awesome perks that Chase Ink Business Cash® cardholders get to enjoy. Those that spend $7,500 on qualified purchases during the first 3 months of having their account will earn a bonus of $750.

In addition to the sign-on bonus, cardholders earn:

• 5% cash back on office supply purchases (just the first $25,000), and phone, internet, and cable packages
• 2% cash back at restaurants and gas stations (also the first $25,000 spent)
• 1% cash back on any other purchase

While cash back is great, there are a couple of other perks as well. Businesses that use the Chase Ink Business Cash® also get to enjoy the following:

• Car Rental Coverage: Any time you use your Chase Ink Business Cash® to pay for your auto rentals in full, both you and your company receive automatic coverage for any damages caused by collision or theft. This allows you to save the money you would have spent on the cost of the insurance through the car rental company.
• Monitor Spending: Keeping track of your business expenses is easier than ever when you use the Chase Ink Business Cash®. Not only are you able to see all transactions that are made on any of the employee credit cards, but you can also set limits on individual cards. You can even use the Chase Ink app to file screenshots of digital receipts, helping track your spending, keeping everything in order when tax time rolls around again.
• Purchase Protection: Every purchase made with your Chase Ink Business Cash® card is insured, whether you purchased a new computer for one of your employees or new chairs for the office. Each account has insurance up to $50,000, with a limit of $10,000 per claim. Additionally, all purchases will get a complimentary 1 year extended warranty coverage, eligible on warranties of up to 3 years (giving you up to 4 years of coverage, including the 1 year from your Chase Ink Business Cash® card).

Redeeming Rewards

Earning cash back is as easy as using your card to make purchases. Each point you earn equals 1 cent.

You can redeem any amount of your points at any time by applying the points to your billing statement.

Chase Ink Business Cash® cardholders that also have either the Ink Business Preferred® Credit Card, the Chase Sapphire Preferred®, or the Chase Sapphire Reserve® can convert their cash back into Chase Ultimate Rewards points.

If you qualify, the points you earn on the Chase Ink Business Cash® and other approved cards are pooled together in one single account and can be redeemed for a higher dollar amount.

Rather than getting 1 cent per point, you could get up to 1.5 cents per point, depending on which card you have.

Ink Business Cash® Credit Card Features and Benefits

0% Intro APR

For the first 12 months having your Chase Ink Business Cash® account, you don’t have to worry about paying any APR on your purchases.

Once the period ends, your interest will increase, ranging from 13.24% to 19.24% Variable. The rate you are charged is determined by your creditworthiness.

Being able to make large purchases for your business when you’re just starting out is a big help.

Not having any interest tacked onto an already expensive item can free up money, so you put it into your business.

Earn Up to 5% Cash Back

Running a business is not cheap, so if you can get up to 5% cash back on a good portion of your business expenses, why not?

With the Chase Ink Business Cash®, you get 5% cash back on up to $25,000 in office supplies, as well as on your phone, internet, and cable expenses.

This can be helpful because phone and internet service can cost quite a bit of coin. In addition to this, you get 2% back at gas stations and restaurants and 1% back on all other purchases.

Enjoy a Sweet Welcome Bonus Offer

The Chase Ink Business Cash® Credit Card is already great because you don’t have to pay any annual fees, but Chase also offers a bonus to all new cardholders.

Anyone that spends $75,000 in their first 3 months will get a cash back bonus of $750.

How Does Chase Ink Business Cash® Credit Card Compare to Other Cards?

#1. Ink Business Cash® Credit Card vs. Capital One Spark Cash for Business

The Chase Ink Business Cash® Credit Card is a great choice, but Capital One’s Spark Cash for Business is an awesome way to earn rewards quickly.

There is no annual fee for the first year, but it goes up to $95 after that. One downside, however, is the high APR, at 20.99% Variable.

All purchases earn you 2% cash back, which is great because you don’t have to keep track of bonus categories.

You know, every time you swipe your card, you’re earning something. Cardholders that spend $4,500 in their first 3 months receive a cash bonus of $500.

#2. Ink Business Cash® vs. Ink Business Preferred®

The Chase Ink Business Cash® is just one option from Chase. They also offer an upgraded version, the Chase Ink Business Preferred® Credit Card.

This version has even better perks than the first version. Anyone that spends $15,000 on purchases in the first 3 months gets 100k bonus points.

Additionally, you’ll get 3 points per dollar on travel costs up to $150,000, with 1 point per dollar on all other purchases. Points can be redeemed for travel, cash back, gift cards, and more.

#3. Capital One Spark Miles vs. Chase Ink Business Cash®

If you travel for business regularly, check out the Capital One Spark Miles Credit Card. All cardholders earn 2 miles per dollar on most purchases.

There are no bonus categories that you have to worry about, and there are no restrictions on dates that you’re allowed to use your miles.

There is no annual fee the first year, with a $95 fee after that. The regular APR is 20.99% Variable.

#4. Ink Business Cash® vs. Ink Business Unlimited®

Another option from Chase, the Chase Ink Business Unlimited®, offers streamlined rewards to small business owners.

There is no annual fee, even after the first 12 months. All business-related purchases will earn you 1.5% cash back.

The APR isn’t too steep, varying between 13.24% and 19.24% Variable, depending on your personal creditworthiness. Luckily just about anyone that has a good to an excellent credit score will qualify.

Frequently Asked Questions

What Credit Score Do You Need for Chase Ink Business Cash® Credit Card?

Those interested in the Chase Ink Business Cash® need to have a good to excellent credit score. If your score is below 690, you won’t be approved.

Is the Chase Ink Business Cash® Credit Card Worth It?

If you run a small business and find yourself spending a lot on office supplies, internet, and phone, the Chase Ink Business Cash® is worth it. It will save you money in several different ways.

Does Ink Business Cash® Have an Annual Fee?

No, there is no annual fee for Chase Ink Business Cash® cardholders.

Bottom Line: Ink Business Cash® Credit Card Review

When it comes down to it, the Chase Ink Business Cash® Credit Card is a great option for small business owners that want a credit card that has great rewards with no annual fee.

They offer a sign-on bonus and 0% APR for the first 12 months. Cardholders can earn up to 5% cash back, saving them a lot of money in the long run.

Overall, this would be an excellent choice if you’re in the market for a business credit card.