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Updated September 22, 2016

Chase Ink Cash Business Credit Card Review 2016

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 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?

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 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.

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 where you can earn $300 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. 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 $300 bonus cash back after you spend $3,000 on purchases in the first 3 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% - 19.49% 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.

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 Plus instead. The Ink Plus has no foreign transaction fee and allows you to transfer points to participating airline and hotel transfer partners.

5 Reasons Why Ink 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 after 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 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% - 19.49%.

    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 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 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 Chase Ink Plus. You can earn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. 60,000 points can be redeemed for $750 in travel when you redeem through Chase Ultimate Rewards®.

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% introductory APR for 12 monthsN/A
Introductory APR for Balance Transfers0% introductory APR for 12 monthsN/A
Purchase APR13.49% to 19.49% Variable based on your creditworthiness and other factors15.49% to 19.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% to 19.49% Variable based on your creditworthiness and other factors15.49% to 19.49% 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 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 2 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 5 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 2 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 2 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

Chase Ink Cash: Pricing information including interest rates, benefits and fees were obtained on September 22, 2016 from published websites and are believed to be accurate, but not guaranteed.

Chase Ink Plus: Pricing information including interest rates, benefits and fees were obtained on March 15, 2016 from published websites and are believed to be accurate, but not guaranteed.

Disclaimer: The information for the Ink Cash® Business Credit Card and Ink Plus® Business 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.

 

Chase Ink 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 APR13.49% to 19.49% Variable based on your creditworthiness and other factors15.49% to 19.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% to 19.49% 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 after you spend $3,000 on purchases in the first 3 months from account opening. 
Hotel Deal Introductory Bonus Hotel Rewards: For the first time, earn 2 free nights at participating SPG® Category 1-5 hotels & resorts worldwide after you use your new Card to make $5,000 in purchases within the first 3 months. Note: A select few resorts require additional fees. Offer ends 10/19/2016.
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.
 
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 - all with no blackout dates.
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.
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 American Airlines, Delta, Alaska Airlines, Virgin America, 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.

Chase Ink Cash: Pricing information including interest rates, benefits and fees were obtained on September 22, 2016 from published websites and are believed to be accurate, but not guaranteed.

Disclaimer: The information for the Ink Cash® Business 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 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.

 

Chase Ink Cash

SimplyCash Plus

 

Interest Rates and Fees

Introductory APR for Purchases0% introductory APR for 12 months0% introductory APR for 9 months
Introductory APR for Balance Transfers0% introductory APR for 12 monthsN/A
Purchase APR13.49% to 19.49% Variable based on your creditworthiness and other factors12.49% to 19.49% Variable based on your creditworthiness and other factors
Balance Transfers APR13.49% to 19.49% 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 after you spend $3,000 on purchases in the first 3 months from account opening.Introductory Bonus Cash Back: Welcome 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
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 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)
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.

Chase Ink Cash: Pricing information including interest rates, benefits and fees were obtained on September 22, 2016 from published websites and are believed to be accurate, but not guaranteed.

Disclaimer: The information for the Ink Cash® Business 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 Cash Business 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. Earn 1% cash back on all other card purchases with no limit to the amount you can earn.

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.

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.

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 Cash® Business Credit Card and Ink Plus® Business 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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Is Chase Ink a Good Card


Chase Ink Plus Review: 60,000 Bonus Points Worth $95?

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Compare Chase Ink Cash to:

SimplyCash Plus Business Credit Card from American Express
Apply for SimplyCash Plus Business Credit Card from American Express
At American Express' Secure Site
  • Welcome 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
  • 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% for 9 months
N/A
12.49% - 19.49% Variable
No annual fee

U.S. Bank Business Edge Platinum
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*
10.24% - 18.24%* (Variable)
$0*

Chase Ink Plus Business Card Review

A $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.
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Learn more about Cash Back, Gas and Restaurant cards:

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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.