Home Credit Cards Chase Credit Cards The Chase Ink Business Cash Card Review (No Annual Fee + Big...

The Chase Ink Business Cash Card Review (No Annual Fee + Big Earning Power)


Some links to products and travel providers on this website will earn Traveling For Miles a commission that helps contribute to the running of the site. Traveling For Miles has partnered with CardRatings for our coverage of credit card products. Traveling For Miles 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. For more details please see the disclosures found at the bottom of every page.


Generally speaking, if you want a credit card that offers impressive earnings power you have to be prepared to pay for it and, in a lot of cases, paying for it means taking on annual fees of at least $495/year. Not with the Ink Business Cash Card from Chase.

The Ink Business Cash Card offers cardholders the potential to unlock significant savings courtesy of the earning rates that the card offers, and when paired with a Chase Sapphire personal card or with the Chase Ink Preferred Card, it becomes one of the best earning credit cards on the market today.

The Chase Ink Business Cash Credit Card

In Brief

The Ink Business Cash Card is a card that offers cash back on spending made in select categories and, while that cash back can be very generous all on its own, it can also be converted to valuable Chase Ultimate Rewards points (1% cashback = 1 point) if the cardholder also holds the Chase Sapphire Preferred Card ($95/year), the Chase Sapphire Reserve Card ($550/year) or the Chase Ink Preferred Card ($95/year).

Related: Why you should hold one of the Chase Sapphire Cards

In Detail

Here’s what you need to know about the Ink Business Cash Card

Annual Fee:

  • $0 (zero)

Cost of Additional/Employee Cards:

  • $0 (zero)

Current Welcome Bonus:

  • $750 cash back after you spend $7,500 on purchases in the first 3 months – this converts to 75,000 Ultimate Rewards points if you also hold a Chase Sapphire card or the Chase Ink Preferred Card (find out more)

Earnings:

Earn 5% cash back on the first $25,000 spent in combined purchases in the following categories each anniversary year (converts to 5 points/dollar if you also hold a Chase Sapphire card or the Chase Ink Preferred Card):

  • Office supply stores
  • Internet
  • Cable
  • Phone services

The Ink Business Cash Card will earn you 5% Cash Back (or 5 points/dollar) for mobile phone spending.

Earn 2% cash back on the first $25,000 spent in combined purchases in the following categories each anniversary year (converts to 2 points/dollar if you also hold a Chase Sapphire card or the Chase Ink Preferred Card):

  • Gas station purchases
  • Restaurants

Earn 1% cash back (1 point/dollar) on all other transactions with no annual cap on earnings.

Other Key Benefits:

  • Primary auto rental cover when renting for business purposes
  • Purchase protection – covers new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account
  • Extended warranty protection
  • Roadside dispatch

Why This Is A Great Card

The Welcome Offer

$750 cash back after you spend $7,500 on purchases in the first 3 months is essentially free money (albeit free money that comes with a high spending requirement). The Ink Business Cash Card doesn’t charge an annual fee so as long as you don’t carry a balance on this card (and you shouldn’t), the money the welcome bonus is offering is genuinely “free”.

In addition, the $750 cash back can be taken as 75,000 Ultimate Rewards Points if you also hold a Chase Sapphire card or the Chase Ink Preferred Card so, as I value Ultimate Rewards Points at 1.5 cents each (based on the value I know that I can get out of them with ease), the welcome bonus is effectively worth $1,125. That’s a very impressive return from a welcome offer on a no annual fee credit card.

The Earnings

The key element to unlocking the Ink Business Cash Card’s fantastic earnings power is the 5% cash back on offer at office supply stores (up to $25,000 per year) because this is the earnings category that effectively allows cardholders to earn 5% cash back at an incredible number of other locations too.

For a lot of people, office supply stores conjure up images of pens, pencils, stationery, printers, ink, and everything else that goes into an office. For fans of the miles and points game, office supply stores mean only one thing – gift cards.

As well as all the usual office essentials, office supply stores like Staples and Office Depot sell a wide variety of gift cards which will all earn 5% cash back when purchased with the Ink Business Cash Card. If the cardholder also holds a Sapphire personal card or the Chase Ink Preferred Card, that 5% cash back can be converted to 5 points/dollar which, based on my valuation of 1.5 cents/point, is equivalent to a 7.5% rebate.

Examples of gift cards you can buy:

Travel:

  • Delta
  • Southwest
  • Hotels.com
  • Airbnb

Casual Dining/Coffee Shops:

  • California Pizza Kitchen
  • Starbucks
  • Cheesecake Factory
  • Chili’s
  • Olive Garden
  • Domino’s Pizza
  • Yard House
  • Outback Steakhouse

Retail stores:

  • Macy’s
  • Nordstrom
  • Crate & Barrel
  • Marshall’s
  • JC Penny
  • Sephora
  • Nike
  • TJ Maxx

Home improvement stores:

  • Lowes
  • Home Depot

Streaming services:

  • HBOnow
  • Netflix
  • Apple Music
  • Spotify

Other services:

  • Amazon
  • Apple
  • Whole Foods
  • Fandango
  • Google

That’s just a taster. Walk into any office supply store and take a look at the gift cards they sell and you’ll see that the Ink Business Cash Card offers 5% cash back with more retailers and service suppliers than just about any other credit card currently available…and it comes with no annual fee!

If you’re prepared to pair it with, for example, the $95/year Ink Business Preferred card, the Ink Business Cash card becomes incredibly powerful.

  • Most credit cards will only offer, at most, 1 point/dollar or 2% cash back with the majority of retailers/service providers I’ve listed above (outside of quarterly promotions). The Ink Business Cash Card will earn a minimum of 5% cash back (on up to $25,000 of purchases)
  • If you want to earn 5 points/dollar with Delta or Southwest you’ll have to pay for a premium credit card like the Platinum Card from American Express which costs $550/year. The Ink Business Cash Card is free and will earn 5% cash back (or 5 points/dollar) every time.
  • If you shop at Amazon with any great frequency (and most people do) the best you can expect from most credit cards is a 2% rebate. The Ink Business Cash card can generate a 5% rebate on up to $25,000 of purchases.

I can’t think of another credit card (let alone a no annual fee credit card) that can generate this level of cash back with this variety of retailers/service providers.

Primary Auto Rental Cover

Unlike a lot of credit cards, the Chase Ink Business Preferred credit card offers cardholders primary auto rental cover as long as the rental company’s collision insurance is declined, the rental is for business purposes, and the entire rental cost is charged to the card.

Considering how many small businesses require their employees (and owners) to rent cars, this can be an incredibly useful benefit to have.

A Word Of Caution

Buying things with gift cards purchased at an office supply store using the Ink Business Cash card can be a fantastic way to rake in the cashback or Ultimate Rewards points, but there is something to be aware of. Buying things with a credit card offers consumers a degree of protection (unless they’re using a Citi credit card) in the event that something they buy goes wrong, gets broken soon after purchase, or if it simply has to be returned.

Buying things with gift cards offers no such protection so it’s always a good idea to use a credit card to part-pay for the larger purchases.

Bottom Line

On its own, the Ink Business Cash Card from Chase is a fantastic cashback card that has few peers. When combined with one of the Chase Sapphire cards or the Chase Ink Preferred Card it becomes part of a fantastic pair of cards that opens up an incredible number of great earning opportunities across most spending categories.

Quite simply, it a card that all serious miles and points fans should have in their wallets – find out how to apply.

The 6% Cash Back Card With No Annual Fee In Year 1

The Blue Cash Preferred Card from American Express is one of the more rewarding cashback cards on the market with its market-leading rebate at U.S supermarkets, market-leading rebate on spending with streaming services, great cash back rates on select travel spending, and strong cash back at gas stations too. What makes this card even better is that right now the annual fee ($95) is waived in the first year.

The Great Earning Rates

  • 6% cash back at U.S. supermarkets on up to $6,000 spending per year*
  • 6% cash back on select U.S. streaming subscriptions
  • 3% cash back on transit spending (e.g. taxis/Uber/Lyft, parking tolls, trains, buses)
  • 3% cash back at U.S. gas stations
  • 1% cash back on spending in all other categories

Click for more details on the Blue Cash Preferred Card from American Express

Regarding Comments

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser or any other advertiser. It is not the bank advertiser’s responsibility or any other advertiser’s responsibility to ensure all posts and/or questions are answered.

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Credit Card News & Offers

Deals

Miles & Points On Sale

Air Fare Deals

Related Posts

BoardingArea