Chase Ink Business Cash Review: Is It Right for Your Business?
GOBankingRates Score
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Earning Rewards
5.0
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Redeeming Rewards
5.0
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Welcome Bonus
5.0
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Introductory Interest Rate
4.5
Update: Some offers mentioned below may have changed or are no longer available. View current credit card offerings from our partners at CardCritics Here or on the issuer’s website.
Chase Ink Business Cash Credit Card Overview
The Chase Ink Business Cash credit card offers 5% cash back on the first $25,000 cardholders spend on internet, cable, phone services and office supplies each year, 2% back on the first $25,000 spent at gas stations and restaurants each year and 1% back on all other purchases.
The card also has a competitive interest rate and fee schedule, including a 0% introductory APR for the first 12 monthly billing cycles.
Cardholders with employees can manage employee spending with free custom employee cards. Small business owners can set spending caps and expiration dates for each employee card while tracking employee spending.
Key Features
Chase Ink Business Cash cardholders enjoy several membership benefits. Some of the biggest benefits include:
Earning Rewards
Members earn 5% cash back on the first $25,000 of purchases at supply stores and for phone, internet and cable services each year. They’ll also earn 2% back on the first $25,000 spent annually at gas stations and restaurants. All other purchases earn a 1% cash back rate.
The rewards cardholders earn will never expire, and there’s no limit to the cash they can earn.
Redeeming Rewards
There are four ways for Chase Ink Business Cash members to redeem the rewards they earn:
- Cardholders can redeem for cash via direct deposit or statement credit.
- Members can also redeem their rewards for gift cards from a long list of participating merchants.
- Cardholders who need to travel can redeem their rewards points for airfare, hotel bookings and other travel rewards through the Chase Ultimate Rewards portal.
- Finally, cardholders can use their rewards to purchase products from several retail partners through the Chase Ultimate Rewards portal.
Welcome Bonus
Several credit cards offer welcome bonuses, but few offer bonuses quite as large as that offered on the Chase Ink Business Cash credit card. New members will receive a $750 bonus when they spend $7,500 or more on the card in the first three months.
Introductory Interest Rate
The Chase Ink Business Cash card comes with a 0% introductory interest rate on purchases for the first 12 billing cycles, followed by APR. While all 0% promotional rates are beneficial for cardholders, this particular rate unfortunately does not apply to balance transfers.
Good To Know
Chase Ink Business Cash members can request additional cards for each employee, making it easy to track spending and limit employee purchases. The card also helps business owners build business credit while staying on top of their expenses.
Comparable Cash Back Credit Card Options
No single credit card offer is a great fit for everyone. For those not interested in the Chase Ink Business Cash card, other comparable business cash rewards credit cards include:
Blue Business Cash Card from American Express
American Express® Card Members receive 2% cash back on the first $50,000 in Blue Business Cash card purchases every year. Card Members will receive 1% back on all purchases once they’ve spent $50,000 each calendar year. American Express® Card Members can also earn a $250 statement credit when they spend $5,000 within the first three months of membership.
The Blue Business Cash card from American Express, Member FDIC, also offers competitive interest rate and fee schedule and a 0% introductory interest rate on purchases for the first 12 billing cycles, after which the interest rate will be variable — currently between APR.
Bank of America Business Advantage Customized Cash Rewards Credit Card
New cardholders can earn a $300 statement credit when they spend $3,000 or more in their first three months of membership. The card also offers 3% cash back in the category of the cardholder’s choice, 2% back on dining purchases and 1% back on all other purchases.
The Bank of America Business Advantage Customized Cash Rewards card also comes with a 0% promotional interest rate on purchases for the first nine billing cycles, followed by a APR, no annual fee and a competitive interest rate.
Who the Chase Ink Business Cash Credit Card Is For
The Chase Ink Business Cash credit card is best for business owners who spend thousands of dollars on office supplies and business utility services annually and want to earn compelling cash back on their spending.
It’s also important that cardholders have a strong sense of self-control and budgeting skills to avoid racking up excessive debt in pursuit of compelling rewards.
How To Apply
Those interested in applying for the Chase Ink Business Cash card should take the following steps.
To Apply:
Final Take
The Chase Ink Business Cash card is a great option for applicants interested in earning as much cash back as possible without paying an annual fee.
Information on promotions is accurate as of June 7, 2022. Additional requirements may apply. Offers and terms are subject to change.
Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Chase.
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
The information related to Chase Ink business Cash Card was collected by GOBankingRates and has not been reviewed or provided by the issuer of this product/card. Product details may vary. Please see issuer website for current information. GOBankingRates does not receive commission for this product.
All information about Blue Business Cash Card from American Express has been collected independently by GOBankingRates. Blue Business Cash Card is not available through GOBankingRates.
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- Forbes. 2021. "Can a Business Credit Card Hurt Your Personal Credit?"
