Chase Ink Business Cash Credit Card Review

Both cards allow cardholders to earn cash back, but which one is right for you may depend on your business spending habits. The Ink Business Cash Credit Card 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. American Express Blue Business Cash Card earns 2% cash back on all eligible purchases for the first $50,000 spent annually, then 1%. Terms apply.

Both cards offer 0% introductory APR for 12 months on purchases, after which an APR of 16.24% – 22.24% Variable applies for Ink Business Cash Credit Card, and an APR of 16.24% to 24.24% variable for American Express Blue Business Cash Card. Neither card charges an annual fee.

Eligible small-business owners who are Amazon Prime Members can apply for the Amazon Business Prime American Express Card, which earns 2% back at U.S. gas stations and U.S. restaurants and on wireless services bought from U.S. providers, plus 1% on everything else. The Ink Business Cash Credit Card 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. Terms apply.

Amazon Business Prime American Express Card cardholders can choose to earn either 5% back or get a 0% APR for 90 days on eligible U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com and Whole Foods Market. Bonus cash back applies to the first $120,000 in eligible purchases each year, then 1%. Ink Business Cash Credit Card holders earn $750 bonus cash back after spending after you spend $7,500 on purchases in the first 3 months from account opening.

Neither card charges an annual fee.

The card offers a $750 cash bonus after you spend after you spend $7,500 on purchases in the first 3 months from account opening. On everyday spending, you’ll receive 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 everything else.

So if you spend $300 per month on internet, cable and phone services, you’ll earn $180 in cash back over the course of a year on those purchases alone. Add in expenses from office supply stores as well as at gas stations and restaurants, and you can easily rack up hundreds of dollars in cash back every year without an annual fee to hold you back.

The Ink Business Cash Credit Card offers a few redemption options, including cash back as a statement credit or direct deposit, gift cards, travel and shopping with points on Amazon.com. If you redeem your rewards for cash back, gift cards or travel, you’ll get 1 cent per point. If you use your points to shop on Amazon, however, they’re worth only 0.8 cents apiece.

With Ink Business Preferred Credit Card and Chase Sapphire Preferred Card, for instance, you’ll get 25% more value if you use your points to book travel through Chase. Chase Sapphire Reserve gives you 50% more value when redeeming points this way.

All three cards allow you to transfer points to any of Chase’s airline and hotel partners, which can help you maximize the value of your rewards. According to U.S. News research, here’s the value you might be able to get with some of those partners:

The Ink Business Cash Credit Card offers value beyond its rewards program for new cardholders. You’ll get an introductory 0% APR for 12 months on purchases. After that, the ongoing APR is 16.24% – 22.24% Variable, based on your creditworthiness.

If you need to finance a large expense or cover operating expenses while you get your cash flow in order, you can do it interest-free with the card. Just take note of the promotional period’s end, however, because the APR will jump once it’s over.

Q: What Is a Chase Ink Card?
A: Chase Ink cards are business rewards credit cards from Chase.

Q: Can You Have All Three Chase Ink Cards?
A: Chase offers the Ink Business Cash Credit Card, Chase Ink Business Preferred Credit Card and Chase Ink Business Unlimited Credit Card. Each card is a separate product that you can apply for.

Q: Which Chase Ink Card Is the Best?
A: Each Chase Ink card offer is unique. The best Chase Ink card for you will depend on whether you want to pay an annual fee, if you need an introductory APR and the rewards categories in which your business spends the most.

Q: Does the Ink Business Cash Credit Card Earn Chase Ultimate Rewards Points?
A: Yes. Chase Ultimate Rewards points earned with the Ink Business Cash Credit Card can be redeemed as cash back, travel, gift cards or for shopping.

Q: Can I Get Chase Ink Without a Business?
A: You must own a business to qualify for a Chase Ink business card. You’ll be asked for your business tax identification number when you apply. But you can use your Social Security number as your tax ID, for instance, if you’re a freelancer or sole proprietor.

Q: Is the Ink Business Cash Credit Card a Good Card?
A: The Ink Business Cash Credit Card might be a good card for you if your company’s spending habits align with the card’s bonus categories – you can earn up to 5% cash back on eligible purchases. You’ll want to avoid carrying a balance on this card though, as the APR could potentially be high.