Ink Business Unlimited Credit Card overview
Discover the perks of the Chase Ink Business Cash® Credit Card, a favored choice among business owners. With impressive benefits, this card offers ample opportunities to accrue valuable Chase Ultimate Rewards points—all without the burden of an annual fee. In this review, we’ll delve into the card’s features, helping you assess its suitability for your business while offering tips to maximize your rewards.
Earning a robust 5% cash back on office supplies and select utilities, along with 2% cash back at restaurants and gas stations, the Chase Ink Business Cash Credit Card stands out as a dependable no-annual-fee option for small businesses. Amplify your rewards by over twofold by transferring them to a card linked to Chase Ultimate Rewards points.
Ink Business Cash welcome offer
What appeals to me about this card is its substantial welcome bonus paired with a zero annual fee. Historically, the Ink Business Cash has granted welcome bonuses ranging from $500 to $900 cash back, requiring spending between $3,000 and $6,000 in the initial three months. Similar to other Chase cards, the “cash back” is earned as Chase Ultimate Rewards points, translating to a bonus of 50,000 to 90,000 Chase points. This offers significant value, especially when redeemed for travel.
Ink Business Cash benefits
Experience peace of mind with the Ink Business Cash card’s exclusive benefits:
- Primary Rental Car Collision Damage Waiver (CDW):
- Get reimbursement for collision or theft damages on business rentals.
- Enjoy primary CDW, prioritizing card insurance over personal insurance.
- Purchase Protection:
- Safeguard eligible purchases against damage or theft for 120 days.
- Benefit from coverage up to $10,000 per claim ($50,000 per account).
- Extended Warranty Protection:
- Add an extra year to the warranty of eligible purchases with less than three years of coverage.
- Employee Cards:
- Issue employee cards at no extra cost.
- Set individual spending limits for better expense management.
With these perks, combined with the welcome bonus and earning categories, the Ink Business Cash card stands out as the ideal choice for small businesses— all with a $0 annual fee.
Earning rewards
The Chase Ink Business Cash Card offers a lucrative rewards structure, providing 5% cash back on the first $25,000 spent annually at office supply stores and on internet, cable, and phone services. Additionally, earn 2% cash back on the first $25,000 spent at gas stations and restaurants each year. Even beyond these categories, you’ll receive 1% cash back on all other purchases, including spending over $25,000 in the 5% and 2% categories. Remarkably, this no-annual-fee card boasts one of the market’s best cash back earning rates. Pair it with a Chase Sapphire Preferred to convert cash back to Ultimate Rewards points, enabling you to effectively earn 5 Ultimate Rewards points per dollar spent in specified categories. This strategic move translates to a valuable 10% return when used towards travel.
Redeeming rewards
Your cash-back rewards from the Chase Ink Business Cash Card can be redeemed for gift cards, travel, or cash at face value. Opt for cash redemption via statement credit or electronic deposit into a U.S. checking/savings account. For enhanced benefits, pair it with the Chase Sapphire Preferred Card, allowing conversion of your cash-back rewards into Chase Ultimate Rewards points. To qualify, the Ultimate Rewards-earning card must be registered to you, a household member, or the company owner. Once transferred, these points open doors to airline and hotel partners or can be used for travel bookings through the Chase portal at more favorable rates.
Is the Chase Ink Business Cash worth having?
My second business credit card choice, the Chase Ink Business Cash, proves its worth with a plethora of perks and a $0 annual fee, securing its place as a permanent fixture in my wallet. To unlock its full potential, business owners must leverage its 5X bonus categories wisely. The impressive welcome bonus, when combined with strategic use, allows for a significant accumulation of valuable Chase points. For optimal results, consider pairing the Ink Business Cash with either the Chase Sapphire Preferred or the Chase Sapphire Reserve cards to enhance your rewards strategy.
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