Chase
Ink Business Cash Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $750 cash back |
| Rewards Rate | 1%-5% cash back |
| Intro APR | 0% intro APR for 12 months from account opening on purchases. |
| Regular APR | After that, 16.74Min. of (6.75+9.99) and 29.99%–24.74Min. of (6.75+17.99) and 29.99% variable APR. |
About this card
The Chase Ink Business Cash Credit Card earns an excellent overall rating of 4.8 out of 5.0. This card stands out as one of the premier no-annual-fee business credit cards on the market, offering an exceptional blend of rewards, value, and issuer reliability. Its strengths significantly outweigh its minor weaknesses, making it a top recommendation for its target audience. **Strengths:** - **Outstanding Rewards Program (4.9/5.0):** The card offers incredibly high cash back rates for a no-annual-fee card, including 5% back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services, and 2% back on the first $25,000 spent in combined purchases at gas stations and restaurants. The sign-up bonus of $750 cash back after spending $6,000 in the first 3 months is remarkably generous. The flexibility to redeem for cash back, travel through Chase Travel, or convert to higher-value Ultimate Rewards points (when paired with a premium Chase card) adds immense value. - **No Annual Fee (4.5/5.0):** A $0 annual fee is a significant advantage, making the card an excellent long-term keeper for businesses looking to maximize rewards without recurring costs. - **Strong Introductory APR (4.5/5.0):** The 0% intro APR on purchases for 12 months provides valuable flexibility for new businesses or those needing to finance larger purchases without immediate interest. - **Excellent Reputation and Target Audience Fit:** The card enjoys a very strong reputation among financial experts and small business owners, consistently appearing on 'best of' lists. It perfectly serves small businesses, freelancers, and sole proprietors by providing high rewards on common business expenses. - **Valuable Benefits:** Additional perks like primary rental car insurance for business rentals, purchase protection, and extended warranty further enhance its appeal. **Weaknesses:** - **Spending Caps on Bonus Categories:** While generous, the $25,000 annual spending caps on the 5% and 2% categories mean very high-spending businesses might eventually earn only 1% back. - **Foreign Transaction Fees:** The presence of foreign transaction fees makes this card unsuitable for international business travel or purchases. - **Variable Regular APR:** After the intro period, the regular APR can be on the higher side (up to 24.74%), making it less ideal for carrying a balance long-term. - **Sign-up Bonus Eligibility Restrictions:** Like many Chase cards, eligibility for the sign-up bonus may be restricted based on previous card ownership. **Overall Value Proposition:** The Ink Business Cash Credit Card offers an exceptionally strong value proposition, particularly for small businesses that can maximize its bonus categories. The combination of no annual fee, a substantial sign-up bonus, high cash back rates, and an introductory APR period makes it a powerhouse in the business credit card space. Its minor drawbacks are easily mitigated for U.S.-based businesses focused on domestic spending, solidifying its status as an excellent choice.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- High rewards rate on business spending
- Purchase protection and extended warranty benefits
- Free employee cards with spending controls
Things to consider
- High regular APR after intro period
- Rewards categories have spending caps
- Sign-up bonus eligibility restrictions
What this card offers
Sign-up bonuses
- Earn $750 cash back after you spend $6,000 on purchases in the first 3 months after account opening.
Rewards
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone 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 purchases–with no limit to the amount you can earn.
- Earn a total of 5% cash back on Lyft rides through September 30, 2027 with your Chase Ink Business Cash card.
Other features
- Complimentary three month lnstacart+ membership
- Plus, once activated, lnstacart+ members get a $20 Instacart credit each month automatically loaded into their lnstacart Business Account. Enrollment Required. Benefits end 12/31/27.
- As a Chase cardmember, you'll be automatically checked for a credit line increase every 6 months or sooner.
- Redeem for cash back as a statement credit to apply toward your balance, or get it directly deposited to most U.S. checking and savings accounts. There are no minimums to redeem your Cash Back rewards points.
- Access to millions of flights, over 300k places to stay, and thousands of activities when you book through Chase TravelSM.
- Use your points to pay for all or part of your Apple purchases through Ultimate Rewards.
- Whether it's for yourself, your clients, or your employees – the choice of where to redeem your business rewards is yours. Chase offers over 150 of your favorite gift card brands including hotels, office supply stores, electronics and more.
- Employee cards at no additional cost
- Employee cards let you set individual spending limits and help you earn rewards even faster.
- Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is primary when renting for business purposes and provides reimbursement up to $60,000 for theft and collision damage for most rental vehicles with an MSRP of $125,000 or less.
- If you run into a problem while traveling away from home, this benefit provides legal and medical referrals and access to other travel and emergency assistance services. (You will be responsible for the cost of any goods or services obtained.)
- If you have a roadside emergency, call the service provider to dispatch the help you need. Roadside service fees will be billed to your card at time of dispatch.
- Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $10,000 per item.
- Extends the time period of the manufacturer's U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.
- Make payments using a business credit card to hold onto your money longer.
- As your business grows, you'll need access to more capital. With Ink, your business builds its own credit history.
- Chase Ink gives you 24/7 access to view account details, quarterly reports, up to 24 months of statement details, and more.
- Easily track expenses and maintain records for tax reporting and other business needs. Integrate your Chase Ink credit card with bookkeeping software to simplify accounting.
- Chase helps keep your accounts safe with account alerts. Choose the alerts you want and how you'd like to receive them.
- Chase Pay Over Time lets eligible Chase business card customers break up credit card expenses into manageable payments. Pay off an eligible purchase you've already made of $100 or more in smaller, equal monthly payments. No interest - just a fixed monthly fee with plan durations that range from 3-24 months.
Additional Notes
The new cardmember bonus may not be available to you if you have ever had this card or any other Chase for Business card without an annual fee. We may also consider factors pertinent to your business in determining your bonus eligibility.