Chase Ink Business Cash Credit Card Review (2024)

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A no-annual fee card that earns up to 5x Ultimate Rewards? Let me introduce the Chase Ink Cash. This is one of the most rewarding credit cards out there, and it’s been a fixture in the wallets of the FM Team for years. There’s a ton to like about this unsung workhouse and it’s a great bedrock card for any points and miles enthusiast willing to dive into the world of business cards.

a close up of a logo

Chase Ink Business Cash Current Welcome Offer

Card Offer
Up to 75K points ⓘ Affiliate
35K after $3K spend in 3 months and an additional 40K points after $6K spend in 6 months. In addition, 10% Business Relationship bonus if you have the Ink Business Cash and a Chase Business Checking account on your first anniversary.
No Annual Fee
Alternate Offer: If you have a household member with an Ink card, you may prefer the referral offer whereby the referrer can earn 40,000 points and the new account holder can earn 75,000 points after $6,000 in purchases in the first 3 months since it will yield more total points.
Recent better offer: 90K after $6K spend in 6 monthd (expired 1/17/24

Chase Ink Business Cash Review

The Ink Business Cash is one of the Frequent Miler team’s favorite cards. There’s no annual fee and a couple of decent 2x categories, but the real winner is the $25k per year in 5x earning on cell phone service, cable, office supply stores, select streaming services, and internet. Although it’s advertised as a cash back card, it actually earns valuable Chase Ultimate Rewards points that can be transferred to a variety of partners when paired with any premium Ultimate Rewards-earning card. It provides car rental insurance, purchase protection and often has one of the best welcome offers in the Chase ecosystem. In our opinion, this card is a must-have.

  • Earning Categories: 
    • 5X at cell phone, cable, office supply stores, select streaming services, and internet on up to $25,000 in total purchases per account anniversary year
    • 5x on Lyft rides through March 2025
    • 2x at gas stations and restaurants
    • 1x everywhere else
  • Travel Protections:
    • Auto Rental Coverage: Primary auto rental CDW (collision damage waiver) when renting for business purposes. Provides reimbursement for theft and collision damage for rental cars in the U.S. and abroad.
    • Travel Accident Insurance: Kicks in with delays of longer than 6 hours, good for up to $100 a day for 3 days.
    • Baggage Delay Insurance: Accidental death or dismemberment coverage of up to $500,000.
  • Purchase Protections:
    • Extended Warranty: One additional year, on eligible warranties of three years or less (US warranties only).
    • Damage and Theft Protection: Covers new purchases for 120 days against damage or theft up to $10,000 per claim/$50,000 per account.
  • Who’s this card for? Anyone that’s comfortable getting a business card.
  • Is the Ink Business Cash a keeper? Absolutely, with no annual fee and terrific 5x categories, there’s no reason to not have one (or more) in your wallet.
a woman whispering into a man's ear
The Ink Business Cash is one of my most irreplaceable cards.

Chase Ink Business Cash Pros and Cons

Pros

  • Awesome 5x categories
  • No annual fee
  • Often has the best welcome offer of the Ultimate Rewards-earning cards
  • Good transfer partners, especially for folks looking for domestic airline and hotel programs
  • Miles can be shared across cards and cardholders
  • Unusually for a fee-free card, provides primary rental car insurance, travel and purchase protections
  • Can have more than one for the same business

Cons

  • 3% foreign transaction fee
  • Must be paired with a “premium” card to transfer to partners
  • Not the most exciting group of airline partners

Chase Transfer Partners

Rewards ProgramChase Transfer RatioBest Uses
Aer Lingus Avios1 to 1Fuel surcharges are sometimes lower when booking with Aer Lingus (Avios.com) rather than British Airways, Qatar, or Iberia. It's possible to move points (Avios) between Iberia, British Airways, Aer Lingus, and Qatar.  See also: Avios Sweet Spots for Award Tickets.
Air Canada Aeroplan1 to 1Redeem for Star Alliance flights and/or flights with Air Canada partners (such as Etihad). No fuel surcharges; $39 CAD award booking fee; 5,000 points to add stopover on one-way award. See: Air Canada Aeroplan: Everything you need to know.
Air France KLM Flying Blue1 to 1Monthly Air France Promo Awards often represent very good value. Air France miles can be used to book Sky Team awards, including Delta awards. Air France often offers very good business class award pricing between the US and Europe & Israel.
British Airways Avios1 to 1While flights on British Airways itself often incur outrageously high fuel surcharges, many BA partners charge low or no fuel surcharges. Excellent value can be had in redeeming BA points for short distance flights. It's possible to move points (Avios) between Iberia, British Airways, Aer Lingus, and Qatar. See also: Avios Sweet Spots for Award Tickets.
Emirates Skywards1 to 1The best use of Emirates miles has been to fly Emirates itself. Unfortunately fuel surcharges can be steep. See: Emirates Sweet Spot Awards - First class from 30K miles round trip.
Hyatt1 to 1Use for Hyatt free nights, free suite nights, lounge upgrades, or suite upgrades. Hyatt points are often worth at least 2 cents each, but they’re sometimes worth far more. Bonus: award nights are not subject to resort fees.
Iberia Avios1 to 1On their own flights, Iberia offers low award prices and a very reasonable 25 Euro cancellation fee. Partner awards can offer good value under some circumstances as well, but these are usually nonrefundable. Fuel surcharges are sometimes lower when booking with Iberia rather than British Airways, Aer Lingus, or Qatar. It's possible to move points (Avios) between Iberia, British Airways, Aer Lingus, and Qatar. See also: Avios Sweet Spots for Award Tickets.
IHG1 to 1IHG dynamically prices their awards and sometimes offer very good value. IHG Premier and IHG Premier Business cards offer the fourth night free on award stays.
JetBlue1 to 1JetBlue points offer the most value when cheap ticket prices are available and when award taxes are high relative to the overall cost of the ticket (more details can be found here). The JetBlue Plus Card and the JetBlue Business Card offer a 10% rebate on awards, so you can get more value by holding one of these cards.
Marriott Bonvoy1 to 15th Night Free awards. Opportunities to get outsized value exist but can be hard to find.
Qatar Privilege Club Avios1 to 1 via BAQatar has reasonable award prices for flying Qatar itself. Points are now transferable 1 to 1 to British Airways (and from there to Aer Lingus or Iberia). It is now also possible to book JetBlue flights with Qatar Avios.
Singapore Airlines KrisFlyer1 to 1Use to book Singapore Airlines First Class awards (generally reserved for their own members), Alaska Airlines economy awards, or for Star Alliance awards (including United Airlines).
Southwest Rapid Rewards1 to 1Award flights are fully refundable. Point values vary due to certain taxes not being charged on awards, but tend to average around 1.5 cents per point.
United MileagePlus1 to 1United offers free award changes and free cancelations. Like Avianca and Aeroplan, United never charges fuel surcharges for awards. Unfortunately, United charges many more miles for international first class awards. Good uses of miles include United's Excursionist Perk awards and (sometimes) dynamically priced United economy awards.
Virgin Atlantic Flying Club1 to 1Virgin Atlantic offers a few great sweet spot awards including US to Europe on Delta One business class for 50K points one-way. See: Best uses for Virgin Atlantic points (Sweet Spot Spotlight).

Related Cards

Chase Ultimate Rewards Business Cards

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Chase Ultimate Rewards Consumer Cards

Card Offer and Details
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25 Comments
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Rod Brady

Does Chase do a hard pull for the Ink Business Cards?

Gabi

I applied to, and got approved for the CIC yesterday and Chase pulled my credit on Transunion. Would you please elaborate on how it doesn’t count toward 5/24, please?
When looking at my credit report, how would I know which pulls count and which ones don’t? Thanks!

Oren S

I know the 90k offers are going away..

But I just had a friend refer me for 100k points and they still get their 40k points for referring. Not sure if this referral promo is common.

Gib

Hey guys,
The article says you can have more than one per business? I have an old Ink Plus can I get the bonus on the Ink Cash as well?

Gib

How do you sign-up for more than one? Is there a data point/web article on that one?

Last edited 4 months ago by Gib

[…]  Chase Ink Business Cash Credit Card Review […]

Jayson

The Chase Ink Business Cash is a powerful card, combined with a Chase premium card. 5X in Office Stores (for Gift Card Purchases like Amazon, Visa Gift Cards, Home Depot Uber ect..) is great. Plus internet and telephone services at 5X is a keeper card.

Also I can stack 5X with my Netflix & Spotify Subscription, both code as internet for Chase. So easy 5X

Last edited 7 months ago by Jayson
Points Finder

“5X at …select streaming services”

Where can one find documentation for this? Is this a typo?

Biggie F

Not sure you will find documentation, but I read about it, tried it, and I can tell you that it works for Netflix. Haven’t tried it for anything else.

Points Finder

Cool. I’ll give it a shot with (HBO) Max.

Jayson

It works for me for Spotify and Netflix. Both code as internet

5150d

Old business cash card was better and is grandfathered. Can I apply for this one if I have the old one too?

ECR12

One Datapoint. Applied for the Ink Cash and was instantly rejected at 6/24 (FICO of ~830). I had hoped I’d have a chance after all the recent 5+/24 approval datapoints but wasnt to be.
Have had 4 biz cards but never through Chase. Guess I’ll wait for official reason before trying reconsideration.

Abc007

My referral bonus shows $900 and 40K UR for me. That means P1 and P2 mode can score more.

Frequent Miler Superfan

You get 900 for referring?

abc007

no. 40K UR for me.