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Updated September 22, 2016

Chase Ink Business Cash Credit Card Review

Editorial Note: This content is not provided by the card issuer. Opinions expressed here are author's alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.
This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

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

4.3

Rewards

4.5

Fees

4.5

Benefits

4.0
5-point scale (the higher, the better)

Pros and Cons

  • Earn $300 bonus cash back
  • Gas and dining rewards
  • 2% cash back on gas and dining only on first $25000
  • Foreign transaction fee

Bottom Line

Excellent cash back rewards card for small business

There are two Chase Ink credit cards available: the Ink Business Cash and the Ink Business Preferred.

The Ink Business Cash has no annual fee while the Ink Business 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 Chase's Ink Business 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.

In addition to giving you the option to redeem rewards in the form of cold hard cash via a statement credit, Chase has a sign-up bonus where you can earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening.

New cardholders:

  • Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening.
  • Enjoy a 0% introductory APR for 12 months on purchases and balance transfers. After the intro period, the regular APR applies, currently 13.74% - 19.74% Variable. (The balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater.)

All cardholders:

  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV 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.
  • Unlimited 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 Business 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

© CreditDonkey

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

  • $300 cash back bonus: You can earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening.

  • Cash back: Cardholders earn 1% cash back on an unlimited number of 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 cellular phone, landline, internet and cable TV services each account anniversary year.

  • 0% intro APR: This card offers a 0% introductory APR on purchases and balance transfers for the first 12 months. After that, the regular APR applies, currently 13.74% - 19.74% 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

© CreditDonkey

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 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 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 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. 80,000 points is worth $1,000 toward travel when you redeem via Chase Ultimate Rewards. 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—with no limit to the amount you can earn. 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.

 

Ink Business Cash

Ink Business Preferred

 

Interest Rates and Fees

Introductory APR for Purchases0% introductory APR for 12 monthsN/A
Introductory APR for Balance Transfers0% introductory APR for 12 monthsN/A
Purchase APR13.74% to 19.74% Variable based on your creditworthiness and other factors16.49% to 21.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.74% to 19.74% Variable based on your creditworthiness and other factors16.49% to 21.49% Variable based on your creditworthiness and other factors
Annual Fee$0 annual fee$95 annual fee
 

Benefits and Features

Cash Back DealIntroductory Bonus Cash Back: Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening. 
Points Deal Introductory Bonus Reward Points: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
Cash BackCash Back Rewards: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV 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.
Unlimited 1% cash back on all other card purchases.
 
Travel Travel Rewards: 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—with no limit to the amount you can earn.
1:1 point transfer to leading airline and hotel loyalty programs
Airline Airline Rewards: 1:1 point transfer to leading airline and hotel loyalty programs
Hotel Hotel Rewards: 1:1 point transfer to leading airline and hotel loyalty programs
Points Point Rewards: 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—with no limit to the amount you can earn.
GasGas Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 
RestaurantDining Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 
Airline Transfer Partners Airline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines, British Airways, Air France, Korean Air, Singapore Airlines, and Virgin Atlantic.

Ink Business Cash: Pricing information including interest rates, benefits and fees were obtained on January 17, 2017 from published websites and are believed to be accurate, but not guaranteed.

Ink Business Preferred: Pricing information including interest rates, benefits and fees were obtained on January 30, 2017 from published websites and are believed to be accurate, but not guaranteed.

Disclaimer: The information for the Ink Business Cash Credit Card and Ink Business Preferred℠ Credit Card have been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Do you travel? If your business requires you to travel, then consider the Starwood Preferred Guest Business Credit Card from American Express, a CreditDonkey advertiser.

While it does have a $95 annual fee ($0 introductory annual fee for the first year), the Starwood Preferred Guest business credit card earns Starpoints. Starpoints can be redeem for hotel stays at Starwood hotels such as Sheraton, Westin, W Hotels, St Regis, Le Meridien, element, and aloft.

Or you can transfer Starpoints to an airline transfer partner such as American Airlines, Delta Airlines, Alaska Airlines, Hawaiian Airlines, British Airways, Air Canada, Aeromexico, Emirates, Virgin Atlantic, Qatar Airways, Korean Air, Asiana Airlines, Jet Airways, Air China, Air Berlin, Japan Airlines, Hainan Airlines, Thai Airways, China Southern Airlines, Korean Airlines, Miles and More, All Nippon Airways, and China Eastern Airlines.

And when you transfer 20,000 Starpoints (in a single transaction) to an airline transfer partner, you'll get 5,000 bonus Starpoints. That's the equivalent of earning 1.25 miles on your purchases if you transfer Starpoints into airline miles. In comparison, many airline credit cards only offer you 1 mile per dollar spent.

 

Ink Business Cash

Starwood Preferred Guest Business Credit Card

 

Interest Rates and Fees

Introductory APR for Purchases0% introductory APR for 12 monthsN/A
Introductory APR for Balance Transfers0% introductory APR for 12 monthsN/A
Purchase APR13.74% to 19.74% Variable based on your creditworthiness and other factors15.99% to 19.99% Variable based on your creditworthiness and other factors
Balance Transfers APR13.74% to 19.74% Variable based on your creditworthiness and other factorsN/A
Annual Fee$0 annual fee$0 introductory annual fee for the first year, then $95
 See Rates & Fees
 

Benefits and Features

Cash Back DealIntroductory Bonus Cash Back: Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening. 
Hotel Deal Introductory Bonus Hotel Rewards: Limited Time Offer: Earn up to 35,000 bonus Starpoints® - Offer ends 04/05/2017.
Earn 25,000 bonus Starpoints® after you use your new Card to make $5,000 in purchases within the first 3 months.
Earn an extra 10,000 bonus Starpoints® after you make an additional $3,000 in purchases within the first 6 months.
Cash BackCash Back Rewards: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV 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.
Unlimited 1% cash back on all other card purchases.
 
Travel 
Airline Airline Rewards: Transfer Starpoints to more than 30 airline frequent flyer programs, mostly on a one-to-one basis.
Redeem Starpoints® for free flights on over 150 airlines with SPG Flights.
Bonus Airline Rewards Bonus Airline Rewards: Get 5,000 bonus Starpoints after you transfer 20,000 Starpoints to a frequent flyer program with more than 30 airlines
Hotel Hotel Rewards: Redeem Starpoints® for free nights at over 1,300 hotels & resorts in over 100 countries. Some hotels and resorts have mandatory service charges.
Hotel Status Hotel Status: Earn SPG Gold Status by spending $30,000 or more on your Card in a calendar year. Receive credit for 5 nights toward SPG elite status each year.

Sheraton Club Lounge access at select Sheraton Hotels for the duration of the cardmember's eligible stay.
GasGas Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 
RestaurantDining Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 
Discount Discount: The OPEN Savings benefit is built into Business Cards from American Express OPEN and provides either a 5% discount or 2 additional Membership Rewards® points (if your card is enrolled in the Membership Rewards program) for each eligible dollar spent at OPEN Savings merchants. Terms and limitations apply.
Airline Transfer Partners Airline Transfer Partners: Airline transfer partners include American Airlines, Delta, Alaska Airlines, Hawaiian Airlines, British Airways, Aeromexico, Air Canada, Air France (Flying Blue), Emirates, Qatar Airways, Cathay Pacific (Asia Miles), Virgin Atlantic, Avianca, Singapore Airlines, Korean Air, Etihad, Asiana Airlines, Air China, Alitalia, Air Berlin, Jet Airways, China Southern Airlines, Japan Airlines, Hainan Airlines, Thai Airways, Virgin Australia, Aegean Airlines, Miles and More, All Nippon Airways, China Eastern, and more.

Ink Business Cash: Pricing information including interest rates, benefits and fees were obtained on January 17, 2017 from published websites and are believed to be accurate, but not guaranteed.

Disclaimer: The information for the Ink Business Cash Credit Card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Want different bonus categories?: If the Ink Business Cash bonus categories don't fit your spending needs, consider the SimplyCash Plus from American Express, a CreditDonkey advertiser. The SimplyCash Plus offers 3% cash back in the category of your choice (from a list of 8 select categories) on up to $50,000 in purchases per calendar year. Plus, the cash back is automatically credited to your statement.

 

Ink Business Cash

SimplyCash Plus

 

Interest Rates and Fees

Introductory APR for Purchases0% introductory APR for 12 months0% introductory APR on Purchases for 9 months
Introductory APR for Balance Transfers0% introductory APR for 12 monthsN/A
Purchase APR13.74% to 19.74% Variable based on your creditworthiness and other factors12.99% to 19.99% Variable based on your creditworthiness and other factors
Balance Transfers APR13.74% to 19.74% Variable based on your creditworthiness and other factorsN/A
Annual Fee$0 annual feeNo annual fee
 See Rates & Fees
 

Benefits and Features

Cash Back DealIntroductory Bonus Cash Back: Earn $300 bonus cash back when you spend $3,000 on purchases in the first 3 months from account opening.Introductory Bonus Cash Back: Special Offer: Earn up to $400 cash back
Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
Plus, earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
Cash BackCash Back Rewards: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV 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.
Unlimited 1% cash back on all other card purchases.
Cash Back Rewards: 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. 3% on the category of your choice from a list of eight and 1% cash back on other purchases. (5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement.) Terms and limitations apply.
GasGas Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 
RestaurantDining Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. 
Discount Discount: The OPEN Savings benefit is built into Business Cards from American Express OPEN and provides either a 5% discount or 2 additional Membership Rewards® points (if your card is enrolled in the Membership Rewards program) for each eligible dollar spent at OPEN Savings merchants. Terms and limitations apply.

Ink Business Cash: Pricing information including interest rates, benefits and fees were obtained on January 17, 2017 from published websites and are believed to be accurate, but not guaranteed.

Disclaimer: The information for the Ink Business Cash Credit Card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Bottom Line

© CreditDonkey

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 cellular phone, landline, internet and cable TV 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. Unlimited 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.

Meghan C is a contributing writer at CreditDonkey, a credit card comparison and financial education website. Write to Meghan C at meghan@creditdonkey.com. Our data-driven analysis has been recognized by major news outlets across the country and has helped consumers make savvy financial and lifestyle decisions. (read more)

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.

Disclaimer: This content was first published on September 23, 2011. This content may have been updated on September 22, 2016. 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.

Editorial Note: 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 any card issuer. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: The information for the Ink Business Cash Credit Card and Ink Business Preferred℠ Credit Card have been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

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Compare Ink Business Cash to:

Compare Ink Business Cash vs SimplyCash Plus
Apply for SimplyCash Plus Business Credit Card from American Express
At American Express' Secure Site
  • Special Offer: Earn up to $400 cash back
  • Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Plus, earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
  • No Annual Fee. Plus, more buying power and more cash back.
  • 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • 3% on the category of your choice from a list of eight and 1% cash back on other purchases.
  • 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement.
  • Terms and limitations apply
  • See Rates & Fees
Introductory Bonus Cash BackCash Back RewardsOffice RewardsDiscountCar Rental InsuranceExtended WarrantyPurchase ProtectionBaggage Insurance$0 Fraud Liability
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% on Purchases for 9 months
N/A
12.99% - 19.99% Variable
No annual fee

Compare Ink Business Cash vs U.S. Bank Business Edge
Apply for U.S. Bank Business Edge Platinum
At U.S. Bank's Secure Site
  • 0% Intro APR* on purchases and balance transfers for the first 12 billing cycles
  • No annual fee*
  • Free employee cards
  • Zero fraud liability* protects you against unauthorized transactions
$0 Fraud Liability
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0%* for 12 billing cycles*
0%* for 12 billing cycles*
10.74% - 18.74%* (Variable)
$0*

Ink Business Preferred

Thinking of a new business credit card? Read this review to see why the Ink Business Preferred $95 annual fee is worth considering.
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Learn more about Cash Back, Gas and Restaurant cards:

Cash Back


How to Save Money on Gas


Restaurant









About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.