Ink Business Cash® Credit Card
-
Rewards
Earn 5% cash back on the first $25,000 you spend on purchases at office supply stores and on internet, cable and phone services during each account anniversary year (1% thereafter); 2% cash back on the first $25,000 you spend on purchases at gas stations and restaurants during each account anniversary year (1% thereafter); 1% cash back on all other purchases
-
Welcome 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.
-
Annual fee
-
Introduction of APR
0% for the first 12 months from account opening on purchases; N/A for balance transfers
-
Regular annual percentage rate
-
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
-
Foreign assignment fee
-
Credit required
Per
- No annual fee
- Free employee cards
- Cashback for common business expenses
- Special financing offer for purchase
Disadvantages
- 3% fee on purchases outside the US
Ink Business Unlimited® Credit Card
-
Rewards
Get 1.5% cashback on every purchase for your business
-
Welcome Bonus
Get $750 bonus cash back after you spend $6,000 on purchases in the first 3 months of account opening
-
Annual fee
-
Introduction of APR
0% for the first 12 months from account opening on purchases; N/A for balance transfers
-
Regular annual percentage rate
-
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
-
Foreign assignment fee
-
Credit required
Per
- No annual fee
- Free employee cards
- Simple cashback program
- Special financing offer for purchase
Disadvantages
- 3% fee on purchases outside the US
Chase Business Ink Cash vs. Chase Business Ink Unlimited
Annual fee
Welcome Bonus
Once you have applied for a With the Ink Business Unlimited® Credit Card, you can earn $750 in bonus cash back when you spend $6,000 on purchases in the first three months of account opening.
Holders of the new Ink Business Cash® credit card can earn up to $750 in a welcome bonus, but the spending requirement is tiered and not all-or-nothing.
- After you spend $3,000 on purchases in the first three months of account opening, you’ll earn $350 cash back.
- After you spend a total of $6,000 on purchases in the first six months of account opening, you’ll receive an additional $400 cash back.
The amount you need to spend to get $750 cash back is the same on both cards, but with the Ink Business Cash you have three extra months to meet that requirement, plus you have the opportunity to earn a bonus even if you don’t reach the full $6,000 threshold.
With the Cash Credit, you can also earn a 10% relationship bonus with the Ink Business Cash Card if you open the card between March 17 and November 17, 2024, and have an eligible business account with Chase on your first card anniversary. So you could open a Chase Business Complete Banking account and receive its bonus, plus get an additional 10% bonus based on the cash back you earned from spending with your Ink Business Cash Card this year. The card’s welcome bonus does not qualify for the 10% relationship bonus.
Chase Business Complete Banking®
Chase Bank is a member of the FDIC.
-
special offer
Earn $300 when you open a new Chase Business Complete checking account. For new Chase business account customers with qualifying activity.
-
Monthly maintenance fee
$15, with option to waive
-
Minimum deposit to open
-
Minimum balance
None required, but if you maintain a minimum daily balance of $2,000 in your account at the beginning of each day of the billing period, the monthly maintenance fee will be waived
-
Annual Percentage Rate (APY)
-
Free ATM network
More than 16,000 Chase ATMs
-
Reimbursement of ATM fees
-
Discounts for small businesses
Multiple owners receive individual debit cards, PINs and online access to the account; employee debit cards for which the owner can control daily limits
-
Overdraft fee
-
Mobile check deposit
Yes, with Chase Mobile® App
Terms apply. Chase Bank is a member of the FDIC.
How to avoid the monthly fee:
Meet one of these conditions during your monthly billing period.
- Minimum daily balance of $2,000
- $2,000 for purchases with your Chase Ink® Business card(s)
- $2,000 in QuickAccept℠ deposits and/or other eligible Chase Merchant Services transactions
- Link a Chase Private Client Checking℠ account
Winner: Chase Ink Business Cash. The bonus is easier to earn and you can qualify for a 10% business relationship bonus.
Rewards
Chase Ink Business Cash vs. Chase Ink Business Unlimited Rewards
| Chase Ink Business Cash | Chase Ink Business Unlimited | |
|---|---|---|
| Office supply stores and internet, cable and telephone services | 5% cash back (on the first $25,000 in total purchases per account year, then 1% back) | 1.5% cashback |
| Gas stations and restaurants | 2% cash back (on the first $25,000 in total purchases per account year, then 1% back) | 1.5% cashback |
| Lyft rides until March 2025 | 5% cashback | 5% cashback |
| All other purchases | 1% cashback | 1.5% cashback |
Ink Business Cash is particularly lucrative for office supply stores and internet, cable and telephone services. It also generates a solid return on Gas stations and restaurants. You can earn $1,750 cash back each year simply by maxing out the bonus categories. However, these bonus categories are limited and after you reach the annual limit, your return drops to 1% cash back.
The Ink Business Unlimited doesn’t offer increased bonus categories, but instead gives you 1.5% on all purchases with no cap. That’s a 50% higher return than what you get with the Ink Business Cash Card in non-bonus categories. If most of your business spending doesn’t fall into the Ink Business Cash’s bonus categories (or exceeds the category spending limits), the Ink Business Unlimited may offer a higher return.
Winner: Tie. Both cards reward different types of spending.
Redemption options
Advantages
Additionally, both cards give you access to the same insurance benefits, including:
Both cards allow you to add employee cards to your account at no additional cost.
Winner: Draw. The main advantages are the same for both cards.
Which card is right for you?
Since these cards have many features in common, the choice depends on what your business spends the most on.
The Ink Business Cash might be a better fit if your business operates in office supply stores, gas stations, Restaurants, and internet, cable and phone services. For all other purchases, Ink Business Unlimited is a better fit, as you’ll earn at least 1.5% cash back on every transaction.
Overview of Chase Ink Business Cash vs. Chase Ink Business Unlimited
| Chase Ink Business Unlimited | Chase Ink Business Cash | |
|---|---|---|
| Creditworthiness requirements | Good to excellent | Good to excellent |
| Annual fee | $0 | $0 |
| Rewards | 1.5% back on all purchases | 5% cash back on the first $25,000 in combined purchases at office supply stores and internet, cable and phone services each account anniversary year (1% thereafter); 2% cash back on the first $25,000 in combined purchases at gas stations and restaurants each account anniversary year (1% thereafter); 1% cash back on all other purchases |
| Introduction of APR | 0% for the first 12 months from account opening on purchases, then 18.49% – 24.49% variable | 0% for the first 12 months from account opening on purchases, then 18.49% – 24.49% variable |
| Outstanding benefits | Travel and shopping protection | 10% business relationship bonus; travel and purchase protection |
Compare current accounts
FAQ
How do you qualify for a Chase business credit card?
To qualify for the best Chase business credit cards, you typically need good to excellent credit. You also don’t need to have a full-time business or a complicated legal structure to apply. If you’re a freelancer or independent contractor, you may qualify for a business credit card.
Do you need an LLC to qualify for a Chase Ink Business Credit Card?
You don’t have to have a business with an LLC or other formal structure to get a Chase Ink Business Credit Card, but you can usually still apply using your Social Security number or Employer Identification Number.
What credit score do you need for an Ink Business Unlimited credit card?
Subscribe to the CNBC Select newsletter!
Money is important, so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, straight to your inbox. Register here.
Why trust CNBC Select?
At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice to help them make informed decisions about their money. Each credit card review is based on thorough reporting by our team of experienced writers and editors with extensive knowledge of credit cards Products. While CNBC Select receives a commission from our partners for many offers and links, we create all of our content without input from our commercial team or outside third parties and pride ourselves on our journalistic standards and ethics.
Check out CNBC Select’s in-depth coverage of Credit cards, Banking And Moneyand follow us on TikTok, on facebook., Instagram And Þjórsárdalur to stay up to date.
Editor’s note: The opinions, analyses, reviews or recommendations expressed in this article are solely those of the editorial staff of Select and have not been reviewed, approved or otherwise endorsed by any third party.
