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Updated August 18, 2015

2015 Review: Here's Why Chase Ink Cash is a Good Deal

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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?

Ink Cash

Overall Score

4.3

Rewards

4.5

Fees

4.5

Benefits

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

Pros and Cons

  • $200 cash bonus offer
  • Gas and dining rewards
  • 2% cash back on gas and dining only on first $25000
  • 3% foreign transaction fee

Bottom Line

Excellent cash back rewards card for small business

Cash Back, No Annual Fee Card

With Chase's Ink Cash Business 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 Cash Business Card 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 equaling $200 cash back after you spend $3,000 in the first three months. Best of all, there’s no limit to the amount of cash or points you can earn when using the card to pay for business expenses.

New cardholders:

  • Earn $200 bonus cash back after spending $3,000 during the first three months from account opening.
  • Enjoy a 0% intro APR for 12 months on purchases and balance transfers. After the intro period, a variable APR of 13.24% applies. (The balance transfer fee is 3% of the amount transferred, with a minimum purchase of $5.)

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
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • Can redeem rewards for cash back, gift cards and more through Chase Ultimate Rewards.
  • Earn cash back rewards that do not expire.
  • Receive free employee cards 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.

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 Plus instead.

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:

  • $200 cash back bonus: Cardholders earn $200 cash back after they spend $3,000 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 Cash card 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 rate on purchases and balance transfers for the first 12 months. After that, the variable APR will be 13.24%.

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.

 

Ink Cash

Chase Ink Plus

Annual FeeNo Annual Fee$0 intro annual fee for the first year, then $95
Cash Back DealIntroductory Bonus Cash Back: Earn $200 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. 
Points Deal Introductory Bonus Reward Points: Earn 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
Cash BackCash Back Rewards: Earn 1% cash back on all other card purchases with no limit to the amount you can earn 
Hotel Hotel Rewards: Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year
Points Point Rewards: Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn
Travel Travel Rewards: 1:1 point transfer to leading frequent travel programs with no transfer fees.
GasGas Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary yearGas Rewards: Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel 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 

Bottom Line

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.

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

Follow @CreditDonkey or write to Meghan C at meghan@creditdonkey.com
Meghan C is a contributing writer at CreditDonkey, a credit card comparison and financial education website. 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. 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 August 18, 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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Chase Ink Plus Business Credit Card Review: Worth $95 Annual Fee?

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Ink Cash Business Credit Card
Apply for Ink Cash Business Credit Card
At Chase's Secure Site
  • Earn $200 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.
  • Named "Best for Rewards for Small Business" MONEY® Magazine, October 2014
  • 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
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • 0% introductory APR for 12 months on purchases and balance transfers
  • Free employee cards
  • No Annual Fee
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 12 months
0% for 12 months
13.24% (Variable)
No Annual Fee

Compare Ink Cash to:

Ink Plus Business Credit Card

Ink Plus® Business Credit Card

SimplyCash Business Card from American Express

SimplyCash® Business Card from American Express

U.S. Bank Business Edge Platinum

U.S. Bank Business Edge™ Platinum


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