Ink Cash Business Credit Card Review
Read this in-depth review of Chase Ink Cash before you apply. With no annual fee, small business owners can earn cash rewards fast, but is it right for you?
Pros and Cons
Excellent cash back rewards card for small business
Cash Back, No Annual Fee Card
If you’re a small business owner who’d rather enhance cash flow than watch your mileage points grow, the Chase Ink Cash Business Card is one of the best no-annual-fee business credit cards you can own.
The introductory cash back offer, bonus rewards categories and an introductory 0% APR on balance transfers and purchases for 12 months sweeten the deal even more.
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.
Who This Card is Good For
Want a Business Credit Card? Why Ink Cash is a Good Deal
There are several benefits that make this card a good pick for many companies:
There are some other notable features of the Ink Cash business credit card. First, the card offers zero fraud liability, so cardholders will never have to pay for unauthorized charges. Businesses are also able to obtain additional no annual fee cards for employees. You can customize spending limits on a per card basis, giving you more control.
Other features include purchase protection, extended warranty protection, and travel accident insurance.
In addition to these benefits, cardholders receive free monthly statements and quarterly management reports in which expenses are itemized and categorized, which makes it easier to track spending.
To apply for the Chase Ink Cash, visit Chase's secure online application.
Why You Might Want to Look Elsewhere
There are some drawbacks that business owners should be aware of before they apply for this card.
The 2% cash back on gas and dining is only on first $25000. If you spend more than $25000 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, 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 Chase Ink Plus. It offers 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
But what's the catch? It has a $95 annual fee ($0 intro annual fee for the first year). Below is a side-by-side comparison of how the two cards stack up.
Small business owners looking to earn cash back without paying an annual fee should seriously consider the Ink Cash Business Card from Chase.
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 Chase Ink Plus). The Chase Ink Cash is a great starter credit card for a small business looking to manage spending and earn rewards.
To see how the Ink Cash card stacks up to the Ink Plus credit card, see our comparison page.
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Editorial Note: This content is not provided by Chase. 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 Chase. This site may be compensated through the Advertiser's affiliate programs.
Disclaimer: This content was first published on September 23, 2011. This content may have been updated on July 22, 2015. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check Chase website for updated information.
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