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Chase Ink Cash Review: Low Caps But High Rewards for This Business Credit Card

Earn 5% cash back on office supplies and telecom services and 2% at restaurants and gas stations, up to a limit.
By Erin El Issa, Gregory Karp
Last updated on October 15, 2024
Edited byRyan Lane
Fact checked and reviewed

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Our Take

4.8

NerdWallet rating 

The bottom line:

With a
$0
annual fee and elevated rewards in select categories, this card is a good fit for any business that spends significant money on office supplies and telecom services.
Full review

Ink Business Cash® Credit Card

Annual fee
$0
Regular APR
17.99%-23.99% Variable APR
Intro APR
0% intro APR on Purchases for 12 months
Apply now

on Chase's website

More details from Chase

  • Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
  • 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
  • 10% Business Relationship Bonus If you have the Ink Business Cash card plus a Chase Business Checking account on your first card anniversary
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • 0% introductory APR for 12 months on purchases
  • Member FDIC

Pros & Cons

Pros

  • No annual fee
  • Intro APR period
  • New cardholder bonus offer

Cons

  • Requires good/excellent credit
  • Low rate outside bonus categories
  • Spending caps on bonus rewards

Compare to Other Cards

at Chase

at Chase

at American Express

Annual fee

$0

Annual fee

$95

Annual fee

$0

Regular APR

17.99%-23.99% Variable APR

Regular APR

20.74%-25.74% Variable APR

Regular APR

17.99%-25.99% Variable APR

Rates & Fees

Intro APR

0% intro APR on Purchases for 12 months

Intro APR

N/A

Intro APR

0% intro APR on purchases for 12 months from the date of account opening

Recommended credit score

690-850good - excellent

Recommended credit score

690-850good - excellent

Recommended credit score

690-850good - excellent

Full Review

The
Ink Business Cash® Credit Card
is a capable cash-back business credit card. But it can turn into a lucrative one if your company’s operating expenses include office supplies and internet, cable and phone bills.
You’ll earn 5% cash back in those areas, up to the first $25,000 per year in combined spending. That’s $1,250 in cash back annually if you max out that bonus category each year. You’ll also get 2% back at gas stations and restaurants, again with the $25,000 annual cap.
Those low limits on bonus categories also curb the card’s value as an everyday business credit card. You’ll earn just 1% back on all other spending, which is hardly competitive. Given that, the
Ink Business Cash® Credit Card
is best paired with a flat-rate cash-back card to maximize your rewards (see a few top-notch options below).

The
Ink Business Cash® Credit Card
is best for small-business owners who:

  • Want to leverage bonus categories to optimize rewards.
  • Spend $25,000 annually on office supplies and telecom services.
  • Are comfortable managing multiple business credit cards.
  • Prefer to earn cash back over travel rewards.
You might prefer the
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
if:
You’ll quickly max out your bonus categories on the Ink Business Cash. Why? The Business Triple Cash rewards card has the same bonus categories with lower rates — but no caps.
Earn 3% cash back on eligible purchases at gas stations, office supply stores, cell phone service providers and restaurants. Earn 1% cash back on all other eligible net purchases
. It also matches the 12-month intro APR period and annual fee of $
0
.
You might prefer the
Wells Fargo Signify Business Cash℠ Card
if:
You prefer the simplicity of flat-rate rewards. With the Signify Business Card, you’ll earn
2%
back on every single purchase. You won’t get that level of rewards on all your purchases without paying an annual fee.

Key features of the Ink Business Cash® Credit Card

Annual fee:
$0
.
Sign-up bonus:
Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.
Ongoing rewards:
  • 5% cash back on up to $25,000 a year in spending at office supply stores and on cable, internet and phone service.
  • 2% cash back on up to $25,000 a year in spending at gas stations and restaurants.
  • 1% cash back on all other spending.
Your cash will come in the form of Chase Ultimate Rewards® points. One point equals one penny.
Interest rate:
0% intro APR on Purchases for 12 months, and then the ongoing APR of 17.99%-23.99% Variable APR
.
Foreign transaction fee:
3
%.

Why you might want the Ink Business Cash® Credit Card

Bonus rewards match your business spending

The
Ink Business Cash® Credit Card
's 5% categories are valuable and align with typical small-business spending. It’s especially good for smaller spenders who won’t blow through the annual $25,000 rewards cap in the middle of Q1. If you spend up to that cap, you could get $1,250 per year in cash back.
Double cash back on gas stations and restaurants (2% instead of 1%) isn’t special nowadays, but it’s a fine return if you don’t want to fiddle with other credit cards to earn higher rewards. Plus, you can add employee credit cards for free so any on-the-road staff spending earns you rewards, too.

You’re planning for a big purchase

Even if you’re facing a large expense outside the
Ink Business Cash® Credit Card
’s bonus categories, the card still packs a pair of features that can make it worth your while: an introductory 0% APR period and notable sign-up bonus.
The card’s 0% intro APR offer makes it a good option for financing startup costs or a major purchase. And if you’re planning to spend big anyway, you could easily earn this sign-up bonus:
Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.
That’s especially generous for a card with an annual fee of
$0
.

Opportunity to pair with other Chase cards

It can pay to keep things in the Chase family if you have business or personal cards from the issuer. You can combine rewards earned on your various cards and potentially increase their redemption value in the process.
One common strategy: Use the Ink Business Cash for its high-value spending categories, in this case to get 5% or 2% cash back on office supplies, phone bills, restaurants and gas. Then, use another Chase business card for everything else.
The
Ink Business Unlimited® Credit Card
is a good complement to the Ink Business Cash, as the former offers
1.5%
cash back on everything with no rewards cap. The extra half a percentage point will add up on all of your other purchases.
In the market for travel benefits? Combine the Ink Business Cash with the
Ink Business Preferred® Credit Card
, which earns 3X points on bonus categories (travel, shipping purchases, telecom and advertising purchases made with social media sites and search engines).
Typically, Chase Ultimate Rewards® points are worth around 1 cent each, but the
Ink Business Preferred® Credit Card
boosts that value to 1.25 cents if you use your points to book travel through Chase. You can transfer points from your
Ink Business Cash® Credit Card
to the
Ink Business Preferred® Credit Card
to earn that higher redemption rate.
Similarly, two Chase consumer cards — the
Chase Sapphire Preferred® Card
and the
Chase Sapphire Reserve®
— offer point values of 1.25 cents and 1.5 cents, respectively, when redeemed for travel via Chase. That means, if you use one of those cards for your personal spending, you can combine its points with those earned on
Ink Business Cash® Credit Card
to truly maximize your travel rewards.

Why you might want a different card

Low caps on bonus categories

The Ink Business Cash caps its 5% and 2% bonus categories at $25,000 annually. But some businesses would blow through those limits in a matter of months. If that’s true for your company, the
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
is a better pick.
You’ll get elevated rewards (3%) in the same categories — office supplies, telecom, gas and restaurants — but there’s no ceiling to how much you can earn in those bonus categories. So if you spend $75,000 annually across those four categories, you’d earn $2,250 each year in cash back. At best, you’d earn $2,000 back with the Ink Business Cash.

The 5% categories don’t fit your business

If your business spends relatively little on office supplies or cable-internet-phone services, you’re missing the primary reason to use this card long-term. Instead, consider other cash back business cards with simpler rewards and no annual fee.
The Wells Fargo Signify Business Card, for example, gives you 2% cash back on every purchase with no limit and has no annual fee. You’ll also get a long intro APR period and a competitive welcome offer: Earn a $500 cash rewards bonus when you spend $5,000 in purchases in the first 3 months.

You make international purchases

The
Ink Business Cash® Credit Card
comes with a
3
% foreign transaction fee, so you should avoid using it to make international purchases — that includes purchases from vendors abroad, as well as using the card while overseas.
Instead, opt for a business credit card with no foreign transaction fee — such as the
Ink Business Preferred® Credit Card
. Not only will you save on costly fees, you can also net a massive welcome offer:
Earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

Should you get the
Ink Business Cash® Credit Card
?

if your primary business expenses align with the
Ink Business Cash® Credit Card
's business bonus categories it makes sense to get one. You don't have to pay an annual fee to carry the
Ink Business Cash® Credit Card
and you’ll get other benefits, including a nice welcome offer and long intro APR period.
But savvy business owners will pair this card with one that has a better rewards rate or everyday spending. If you don’t want the hassle of multiple business cards — or you don’t spend big on office supplies or telecom, which earn the highest rewards rate — a flat-rate cash-back card is a better choice.
The information related to Wells Fargo Signify Business Cash℠ Card has been collected by NerdWallet and has not been reviewed or provided by the issuer or provider of this product or service.

Apply now

on Chase's website

Frequently Asked Questions

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NerdWallet Rating  
5.0
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