Chase Ink Business Cash Credit Card Review

Read this in-depth Ink Business Cash® review before you apply. With no annual fee, small business owners can earn cash rewards fast, but is it right for you?

	Overall Score	4.0
	Rewards	4.5
	Fees	4.5
	Benefits	3.0

5-point scale (the higher, the better)

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Pros and Cons

• Earn bonus cash back
• Gas and dining rewards

• 2% cash back on gas and dining only on first $25,000
• Foreign transaction fee

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Bottom Line

Excellent cash back rewards card for small business

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There are multiple Chase Ink credit cards available, including the Ink Business Cash® and the Ink Business Preferred®.

The Ink Cash has no annual fee while the Ink Preferred has an annual fee.

We'll focus primarily on the Ink Business Cash in this review.

Generally speaking, with no annual fee, the Ink Business Cash is a good choice for small businesses who don't spend a lot. Entrepreneurs want to keep cost down and the Ink Business Cash can help. This article will explain the pros and cons.

Cash Back, No Annual Fee Card

With the Chase Ink Cash Credit Card, earning "hard cash" is easy.

If you're a small business owner who'd rather enhance cash flow than watch your mileage points grow, the Chase Ink Business Cash is one of the best no-annual-fee business credit cards you can own.

New cardholders:

• 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
  
• Enjoy a 0% introductory APR for 12 months on purchases. After the intro period, the regular APR applies, currently 17.99% - 25.99% Variable.

All cardholders:

• 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.
  
• Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.
  
• Earn 1% cash back on all other card purchases.
  
• Can redeem rewards for cash back, gift cards and more through Chase Ultimate Rewards.
  
• Earn cash back rewards that do not expire.
  
• Receive employee cards (at no additional cost) that let you set individual spending limits and help you earn cash back rewards even faster.

In short, the Ink Cash by Chase is a great bet for small businesses that plan on using their credit card within the US and want the simplicity of cash rewards. Read on for the pros and cons.

Ink Business Credit Card Benefits

Who This Card is Good For

• Small businesses that spend less than $25,000 per year.
  Tip: You don't have to be a corporation or LLC to apply. If you run your own business as a sole proprietor, you can still apply. Usually sole proprietors would use their social security number (SSN) instead of an IRS-issued employer identification number (EIN) as their tax ID.
  

• Businesses with no or minimal travel expenses. If you or your employees travel often, consider the Ink Business Preferred instead. The Ink Business Preferred has no foreign transaction fee and allows you to transfer points to participating airline and hotel transfer partners.

5 Reasons Why Ink Business Cash is a Good Deal

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There are several benefits that make this card a good pick for many companies:

• Welcome bonus 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

• Cash back: Cardholders earn cash back on eligible business purchases.

• Earn even more with dining and gas rewards: Cardholders earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. This is perfect for businesses that entertain clients or have employees on the road.

• Maximize your cash potential with office rewards: The cash back potential grows even more when cardholders use their Ink Business Cash to pay for office expenses. Cardholders 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.

• 0% intro APR: This card offers a 0% introductory APR on purchases for the first 12 months. After that, the regular APR applies, currently 17.99% - 25.99% Variable.

  This could be especially helpful for new or growing small businesses who may need to make some larger initial investments or have irregular cash flow. Having this intro APR for the first year could equal a lot of money saved on interest. Few business credit cards offer a promotional APR, so Ink Business Cash is offering a great deal here if you plan to make a large purchase soon.

Other Benefits

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There are some other notable features of the Ink Business Cash business credit card, including:

• Zero fraud liability: Cardholders will never have to pay for unauthorized charges.
  
• Employee cards: Businesses are also able to obtain additional cards for employees for no annual fee. You can customize spending limits on a per card basis, giving you more control.
  
• Purchase protection: You are eligible to receive purchase protection up to $50,000 per account. Eligible purchases made on the card are covered for up to $10,000 per claim for 120 days against damage or theft.
  
• Extended warranty protection: An additional one year warranty will be added to eligible purchases made with the card for items that come with an initial three year or less eligible U.S. manufacturer's warranty.
  
• Free monthly statements: Cardholders receive free monthly statements and quarterly management reports in which expenses are itemized and categorized, which makes it easier to track spending.

Why You Might Want to Look Elsewhere

There are some drawbacks that business owners should be aware of before they apply for the Chase Ink Cash.

• The 2% cash back on gas and dining is only on first $25,000. If you spend more than $25,000 a year in combined purchases on gas and dining, you might want to compare your options.

• The card has a foreign exchange transaction fee of 3% of the amount of each transaction in U.S. dollars, which you should be aware of if your employees will be traveling internationally.

How It Compares

Do you spend at least $1,667 per month on your business credit card? If so, consider the Ink Business Preferred. Ink Business Preferred lets you earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠. Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases. There are no foreign transaction fees. There is a $95 annual fee.

Below is a side-by-side comparison of how the two cards stack up.

Bottom Line

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Small business owners looking to earn cash back without paying an annual fee should seriously consider the Ink Business Cash Credit Card from Chase.

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. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases.

Higher-spending businesses or companies that send employees abroad would likely prefer a card with more lucrative benefits although such benefits would probably come with an annual fee (like the Ink Business Preferred). The Chase Ink Business Cash is a great starter credit card for a small business looking to manage spending and earn rewards.

Terms and limitations apply.

Next Step: View the issuer's official application, terms, and details