Credit Cards Business Credit Cards

Ink Business Cash® Credit Card Review [2024]: Easy Cash Back, No Annual Fee

High cashback rewards plus other compelling benefits make the Chase Ink Business Cash Credit Card a strong contender for business purchases.

Updated May 15, 2024
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Ink Business Cash® Credit Card

Ink Business Cash® Credit Card
4.8

OUR VIEW

We recommend the Ink Business Cash® Credit Card as one of the best business cards available, especially if you’re looking to earn valuable bonus rewards in many common business categories.

It has a $0 annual fee and a generous welcome offer, making it a preferred choice for all types of small business owners.

Learn more about the Chase Ink Business Cash Card to see if it’s the right fit for your business.


Pros

Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
$0 annual fee
0% intro APR on purchases for 12 months (then 18.49% - 24.49% Variable)
Up to 5% cash back

Cons

Capped spending on bonus cash back categories
Has foreign transaction fee
How we evaluate products

Key takeaways

  • We recommend the Ink Business Cash as one of the best cash back business cards available because of its high rewards rate and low $0 annual fee.
  • The Chase Ink Cash earns 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and 1% cash back on all other purchases.
  • The Chase Ink Cash also has an intro APR offer on purchases, which you don’t always see on business credit cards. You can receive 0% intro APR for 12 months on purchases (then 18.49% - 24.49% Variable).

Who should get the Ink Business Cash® Credit Card?

The Ink Business Cash Credit Card could be an ideal choice for a lot of businesses since you earn 5% on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. These are common spending areas for many businesses.

If you want a no-hassle card, this is also a great option. The rewards program is simple and easy to use and points can be redeemed for cash back, gift cards, or other purchases through the Chase Ultimate Rewards program. Plus, there’s no annual fee for these perks. All in all, this makes this card a great fit for small business owners.

If you have employees, this card offers employee cards for no additional cost. Free employee cards make this card a good fit as a small business credit card.

But if you or your staff travel abroad regularly, a Chase Ink credit card with no foreign transaction fee might be a better option since this card does have a 3% of each transaction in U.S. dollars foreign transaction fee. 

Big spenders may also wish to look elsewhere due to caps on bonus rewards you can earn. If that sounds like you, then the Ink Business Preferred® Credit Card might be the business credit card for you.

Perspectives
Ben Walker, CEPF, CFEI®
Ben Walker, CEPF, CFEI®
Senior Credit Cards Writer

I’ve been using credit cards to earn points and miles for over a decade. While other business cards have come and gone, the Ink Business Cash has been a mainstay in my wallet for years.

WHY I LIKE THE CHASE INK CASH

There’s no other business card I’ve found that can give you quite as much bang for your buck on common business expenses. Specifically, I always pay my phone and internet bills with the Ink Business Cash, which gives me a healthy stream of rewards each month for bills I’m paying anyway. It’s not a great card for expenses that don’t align with its spending categories, which is why you might prefer a flat-rate rewards card like the Ink Business Unlimited® Credit Card. However, my personal preference is to use both cards together to maximize my earning potential.

Card basics

Card type Business
Card issuer Chase
Credit card network Visa
Annual fee $0
Welcome offer Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
Reward rate 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and 1% cash back on all other purchases
Recommended credit score Excellent, Good
Intro APR 0% intro APR for 12 months on purchases (then 18.49% - 24.49% Variable)
Foreign transaction fee 3% of each transaction in U.S. dollars

Why we like the Ink Business Cash® Credit Card: benefits and perks

  • Generous welcome offer: Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.
  • Bonus rewards: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and 1% cash back on all other purchases.
  • Intro APR for purchases: There are not many business credit cards that offer a low introductory APR offer, but the Ink Business Cash does. Receive 0% intro APR for 12 months on purchases (then 18.49% - 24.49% Variable). There is no intro APR offer for balance transfers.
  • Additional cards for staff: Employee cards are free, and you can set individual spending limits for workers when you provide them with a card.
  • $0 annual fee: The Ink Business Cash Credit Card has a $0 annual fee for being a cardmember.
  • Travel and emergency assistance services: When you use your card for certain travel purchases, you can request assistance by contacting the Benefit Administrator with Chase credit cards. This includes travel and emergency assistance as well as legal and medical referrals.
  • Rental car insurance: The card offers auto rental collision damage, so you can decline the rental company’s collision insurance when you use your card. Coverage is primary and includes collision damage for most cars worldwide — but only if you rent a car for business purposes.
  • Roadside dispatch: You can contact roadside emergency services to get help if you’re stuck on the side of the road. Dispatch services include tire changes, gas delivery, winching, towing, a jumpstart, and lockout service. The cost of these services will be billed to your card.
  • Purchase protection: Stay protected with purchase protection and extended warranty protection. The extended warranty benefit extends the time period of the U.S. manufacturer's warranty by an additional year on eligible warranties of three years or less.
  • Combine card rewards: You can combine points with other eligible Chase credit cards, including some of the Chase Ink cards, the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Chase Freedom Unlimited®. That could help you boost your travel rewards balance. Combining rewards onto certain cards could also increase your travel redemption value using the Chase Travel℠ portal.

What we don't like about the Ink Business Cash® Credit Card: drawbacks

  • Limited spending categories: If your primary business expenses are not in line with the bonus categories for this card, then you won't earn a lot of cash back. So if you spend a lot on social media and marketing, a card like the Ink Business Preferred or Ink Business Unlimited might be a better fit.
  • Foreign transaction fee: This card charges a foreign transaction fee (3% of each transaction in U.S. dollars) on applicable purchases. With a card like the Ink Business Preferred, you don’t have to worry about foreign transaction fees.
  • Capped business categories: If you have a larger business, then you may hit the spending limits for the bonus rewards categories. With the Capital One Spark Cash Plus, you don’t have to worry about capped rewards.

Earning & redeeming Chase Ultimate Rewards points

Best ways to earn cash back

This card is a powerful but straightforward cashback card. You can maximize the cash back earned with your Ink Business Cash Credit Card by shopping at office supply stores, investing in telecommunications services, and using your card at restaurants and gas stations.

The Chase Ink Cash can also be used as a rewards card. Points can easily be redeemed through Chase Ultimate Rewards for cash, gift cards, travel, and merchandise.

Earning categories

The first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year 5%
The first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year 2%
All other purchases 1%

Maximizing your redemptions

Getting cash back as a statement credit gives you the most flexibility, as your spending rewards can be used to reduce your bill. But Chase Ultimate Rewards also gives you many other redemption options, including redeeming for travel or merchandise.

You can also boost the rewards you can earn by maxing out the bonus categories or adding employees to your card account as authorized users, since their purchases will also help you earn cash back.

Ink Business Cash® Credit Card FAQs

Does the Chase Ink Business Cash earn Ultimate Rewards?

Though the Ink Business Cash is a cashback credit card, you also have the option to redeem the cash back you earn for travel or merchandise through Chase Ultimate Rewards.

To use Ultimate Rewards: Log into your account, then choose to shop with Apple or Amazon, buy gift cards to nearly 200 stores, book travel, transfer points to travel partners, and more. You can also get up to 150 bonus points when shopping at more than 350 different stores.

What are Ink Business Cash points worth?

Points earned with the Ink Business Cash Credit Card are generally worth $0.01 each, but the value of the redemption options may vary depending on what you use your points for.

What counts as an office supply store to earn bonus rewards for the Ink Business Cash?

Chase defines office supply stores as those that specialize in selling office supplies. Office Max, Office Depot, or Staples likely fit this bill. Stores that sell mostly general goods — even if they also sell office items — likely won’t qualify for the bonus rewards. Department stores or electronics sellers, for instance, fall into this category. Similarly, merchants that specialize in just a few big office necessities, such as office furniture or photocopiers, likely won’t qualify.

How do you redeem Ink Business Cash rewards?

With the Ink Business Cash Credit Card, you have a choice for how to redeem your rewards. You can redeem for cash back as a statement credit applied to your balance, have your cash back deposited directly to most checking and savings accounts, buy gift cards, shop with points at Amazon, or redeem for travel through Chase Ultimate Rewards.

What credit score do you need for the Ink Business Cash Credit Card?

For a business owner to qualify for the Ink Business Cash, you will need a good to excellent credit score. Keep in mind that your credit score is just one factor that card issuers consider, and having a certain credit score doesn't guarantee approval. 

Which Chase Ink business card is the best credit card?

The answer to which Chase Ink business credit card is the best one really depends on you. Every business owner will have different business expenses and a different lifestyle as well. If you are looking for simple cashback rewards, then the Ink Business Unlimited® Credit Card might be your best choice. If you are looking for purchase protection and travel coverages, then the Chase Ink Business Preferred will be the card for you.

Other credit cards to consider

Card Welcome offer Rewards rate Annual fee
The Blue Business® Plus Credit Card from American Express

The Blue Business® Plus Credit Card from American Express

Earn 15,000 Membership Rewards points after you spend $3,000 on eligible purchases within the first 3 months of card membership 2X Membership Rewards points on everyday eligible business purchases up to $50,000 each year, and 1X points on eligible purchases after that $0 (Terms apply)
Capital One Spark Cash Plus

Capital One Spark Cash Plus

Earn $1,200 after spending $30,000 in the first 3 months 2% cash back on every purchase, every day; plus 5% cash back on hotels and rental cars booked through Capital One Travel $150
Ink Business Cash® Credit Card

Ink Business Cash® Credit Card

Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and 1% cash back on all other purchases $0

The Ink Business Cash can provide great value for those who tend to spend heavily in its bonus categories. But if it’s not the right credit card offer for you, consider The Blue Business® Plus Credit Card from American Express and Capital One Spark Cash Plus.

The Blue Business® Plus Credit Card from American Express has a $0 annual fee and provides a solid earning rate on all eligible purchases, not just specific categories. That includes 2X Membership Rewards points on everyday eligible business purchases up to $50,000 each year, and 1X points on eligible purchases after that.

Learn more in The Blue Business® Plus Credit Card from American Express review.

The Capital One Spark Cash Plus has a $150 annual fee, but you can take advantage of earning a flat 2% cash back on every purchase, every day; plus 5% cash back on hotels and rental cars booked through Capital One Travel. New cardmembers can also earn $1,200 after spending $30,000 in the first 3 months.

Learn more in our Capital One Spark Cash Plus review or take a look at our Chase Ink vs. Capital One Spark comparison.

Up to 5% Cash Back

4.8

Ink Business Cash® Credit Card

Why We Like It

Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening

See how these cards compare:

The Blue Business® Plus Credit Card from American Express
The Blue Business® Plus Credit Card from American Express
  • Earn 15,000 Membership Rewards points after you spend $3,000 on eligible purchases within the first 3 months of card membership
  • 2X Membership Rewards points on everyday eligible business purchases up to $50,000 each year (1X points after that)
  • No annual fee. Terms apply.
  • See rates and fees | Terms Apply
Capital One Spark Cash Plus
Capital One Spark Cash Plus
  • Earn $1,200 after spending $30,000 in the first 3 months
  • 2% unlimited cash back on every purchase, every day
  • Charge card with no preset spending limits
  • $150 cash bonus every year you spend $150,000 or more

Bottom line

The Ink Business Cash is one of our favorite business cards because it has a $0 annual fee and allows you to earn a high rewards rate on common business expenses. Most other business rewards cards don’t come close to matching the value this card can provide.

Its main drawbacks include capped spending categories and a foreign transaction fee (3% of each transaction in U.S. dollars). This isn’t the best card for high-spending businesses or business owners who travel abroad.

If the Ink Business Cash isn’t the right fit for you, explore more options with our list of the best small business credit cards.

Up to 5% Cash Back

4.8

Ink Business Cash® Credit Card

Current Offer

Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening

Annual Fee

$0

Rewards Rate

5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and 1% cash back on all other purchases

Benefits and Drawbacks
Card Details

Author Details

Christy Rakoczy

Christy Rakoczy has a Juris Doctorate from UCLA Law School with a focus in Business Law, and a Certificate in Business Marketing with an English Degree from The University of Rochester. As a full-time personal finance writer, she writes about all things money-related but her special areas of focus are credit cards, personal loans, student loans, mortgages, smart debt payoff strategies, and retirement and Social Security. Her work has been featured by USA Today, MSN Money, CNN Money and more, and you can learn more at her LinkedIn profile.