INTRODUCTION

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The Ink Business Cash® Credit Card from Chase is a good choice for a no-fee card for small and medium-sized businesses. It offers a compelling blend of high-value category earnings, no fees, a generous sign-up bonus, and Ultimate Rewards flexibility.

The rewards structure with the Ink Business Cash® Credit Card is potentially much more rewarding than it first appears. Rewards can be claimed as Chase Ultimate Rewards points if you hold another points-earning Chase card. Points can then be transferred to several hotel or airline loyalty programs and spent that way. The value here is around 1.8 cents per point. 

This card pairs well with other Chase cards, allowing businesses to optimize category bonuses and unlock elevated travel redemptions.

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MAIN CARD BENEFITS:

No annual fee.

A sign-up bonus of up to $750. This is tiered as $350 when you spend $3,000 in the first three months and a further $400 when you spend $6,000 in the first six months.

5% cashback earnings at office supply stores and on internet, cable, and phone services (on spending up to $25,000).

2% cashback for spending at gas stations and restaurants (on spending up to $25,000).

1% cashback on all other spending.

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WHO IS THE CARD FOR:

Businesses looking for a no-fee card with a high sign-up bonus – particularly if they have heavy spending in office supply stores or telephony services. 

It makes a good introductory business card as it has no annual fee. It also combines well with other cards allowing businesses to take advantage of different bonuses, and the Chase Ultimate Rewards program if a points-earning card is also held. 

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PROS:

One of the top sign-up bonuses for a no-fee card. 

Strong tiered rewards (5% and 2%) in valuable business categories.

Rewards can be collected as Chase Ultimate Rewards points, potentially offer higher value.

The card can be combined with other Chase cards to offer even more benefits. For example, it could be used for its 5% and 2% bonus categories, and the Ink Business Unlimited® Credit Card used elsewhere.

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CONS:

The bonus categories (5% and 2% cashback) are limited to $25,000 spending each year.

Earnings of 1% outside the bonus categories are low compared with competitors.  

There are no additional perks or travel benefits.

Without an eligible Chase card, rewards cannot be converted to Chase Ultimate Rewards points.

There is a foreign exchange fee of 3%, limiting use overseas.

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