CreditDonkey is a credit card comparison and financial education website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Updated January 25, 2016

Chase Ink Cash Review 2016

This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You can help support CreditDonkey by reading our website and using our links. (read more)


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?

Chase 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

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

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

We'll focus primarily on the Ink Cash in this review. If you want to learn more about the differences, read this Chase Ink review.

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

Chase Ink Cash Business Card Review

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 13.49% applies. (The balance transfer fee is 5% of the amount transferred, with a minimum $5 fee.)

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 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.

Chase Ink Business 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 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 13.49%.

Chase Ink Purchase Protection

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 60,000 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. Below is a side-by-side comparison of how the two cards stack up.

 

Chase Ink Cash

Chase Ink Plus

 

Interest Rates and Fees

Introductory APR for Purchases0% Intro APR for 12 MonthsN/A
Introductory APR for Balance Transfers0% Intro APR for 12 MonthsN/A
Purchase APR13.49% Variable based on your creditworthiness and other factors15.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% Variable based on your creditworthiness and other factors15.49% Variable based on your creditworthiness and other factors
Annual FeeNo Annual Fee$95 annual fee
 

Benefits and Features

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 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $750 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.
Earn 1% cash back on all other card purchases with no limit to the amount you can earn
 
Airline Airline Rewards: 1:1 point transfer to leading frequent travel programs at full value - that means 1,000 Chase Ultimate Rewards points equal 1,000 partner miles/points
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 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
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.
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 
Airline Transfer Partners Airline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines and more

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.

 

Chase Ink Cash

Starwood Preferred Guest Business Credit Card

 

Interest Rates and Fees

Introductory APR for Purchases0% Intro APR for 12 MonthsN/A
Introductory APR for Balance Transfers0% Intro APR for 12 MonthsN/A
Purchase APR13.49% Variable based on your creditworthiness and other factors15.49% to 19.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% Variable based on your creditworthiness and other factors 
Annual FeeNo 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 $200 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening 
Hotel Deal Introductory Bonus Hotel Rewards: Earn 25,000 bonus Starpoints® after you use your Card to make $5,000 in purchases within the first 3 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.
Earn 1% cash back on all other card purchases with no limit to the amount you can earn
 
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 with SPG Flights with no blackout dates.
Hotel Hotel Rewards: Earn free nights at over 1,200 hotels and resorts in nearly 100 countries with no blackout dates. Some hotels may have mandatory service and resort charges.
Travel 
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 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 Alaska Airlines, American Airlines, Delta Air Lines, Hawaiian Airlines and more.

Want different bonus categories?: If the Ink Cash bonus categories don't fit your spending needs, consider the SimplyCash from American Express, a CreditDonkey advertiser. The SimplyCash offers 3% cash back in the category of your choice (from a list of select categories) on up to $25,000 in purchases per rebate year. Plus, the cash back is automatically credited to your statement.

 

Chase Ink Cash

SimplyCash

 

Interest Rates and Fees

Introductory APR for Purchases0% Intro APR for 12 Months0% introductory APR for 9 months
Introductory APR for Balance Transfers0% Intro APR for 12 MonthsN/A
Purchase APR13.49% Variable based on your creditworthiness and other factors12.49% to 19.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% Variable based on your creditworthiness and other factors 
Annual FeeNo Annual Fee$0 annual fee
 See Rates & Fees
 

Benefits and Features

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 openingIntroductory Bonus Cash Back: Limited Time Offer: Earn a one-time $250 statement credit after you spend $5,000 or more in qualifying purchases on your Card within the first 6 months of Card Membership
To be eligible for this offer, your application must be received by April 27, 2016
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.
Earn 1% cash back on all other card purchases with no limit to the amount you can earn
Cash Back Rewards: 5% cash back at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers; 3% cash back on the category of your choice from a list of select categories and 1% cash back on other purchases. (5% and 3% apply to purchases up to $25,000 per rebate year then 1% thereafter. Cash back earned is automatically credited to your statement)
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.

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.

Terms and limitations apply.

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 January 25, 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.

More from CreditDonkey:


Is Chase Ink a Good Card


Chase Ink Plus Review 2016: HUGE 60,000 Bonus Points

Infographics: How to Build Business Credit

How to Build Business Credit

More Articles in Reviews

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
  • 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
  • Employee cards at no additional cost
  • No Annual Fee
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% Intro APR for 12 Months
0% Intro APR for 12 Months
13.49% Variable
No Annual Fee

Compare Chase 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


What do you think about Chase Ink Cash Review 2016?

Name (required)
Email (required; won't be published)
Website (optional)

Chase Ink Plus Business Card Review

$95 annual fee may be too rich for some. But read on to see why many small businesses view the Ink Plus a must-have rewards credit card because of its amazing sign-up bonus and travel benefits.

    Business

    For small business owners, credit is vital. But with so many credit cards available that are designed for businesses, how can you decide which one is right for you and your company? Consider these factors to help you narrow down your selection (and be sure to scroll down to easily compare current promotions) ...

    Credit Card Deals with No Annual Fees

    For your next credit card, you want a lucrative deal. What you don’t want is to pay for the privilege with an annoying and pricey annual fee. We canvassed current offerings by credit card companies on CreditDonkey for the cash back, reward points, balance transfers, low interest, and small business offers you should consider.

    Cash Back Rewards

    We think you'll agree with us when we say ...

    Hot Deals: Latest Credit Card Offers

    Signing up for a new credit card is easy. Choosing the right one - the one that fits your spending habits - is the challenge. The experts at CreditDonkey are here to help you find the right choice, starting with the best deals from our partners.

    Credit Card Deals

    Signing up for a card with a sign-up bonus or an introductory offer can be a great way to get a head start on earning rewards or to get a handle on your debt.

    Chase Ink 2016 Review: Is Ink a Good Business Credit Card?

    Before you apply for one of the Chase Ink cards, read this expert review for the 10 reasons you’d want to get an Ink business credit card and a few reasons to avoid it.

    Business Credit Cards vs Charge Cards: Which is Right for Your Business?

    Is your business better off with a charge card or a credit card? Does it matter? Yes. Read this article to learn the important differences.
More Articles in Reviews

Learn more about Cash Back, Gas and Restaurant cards:

Cash Back


How to Save Money on Gas

101 Restaurant Challenges, 2015

Restaurant Challenges









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.