Ink Cash Business Review

Last month when I reviewed the best small business credit cards, I was actually selfishly doing some personal research. I was looking for the best card to start using for my own business, running PT Money.  Right up front, I can tell you that you don't need a business credit card to run your business. You can simply run your business from the cash available in your separate business checking account. For the large part of this year that's what I've been doing. However, I knew I was missing out on some cash back rewards from the small amount of spending I was doing for my business.

Also, I had some business-related travel coming up and I hated using my business checking account to put the hold on the hotel. Plus, I wanted the benefit of having a second business spending line while I was on the road. Lastly, I knew I didn't want an annual fee just for these benefits.

My primary goal was to get a card with no annual fee that also gave me the ability to earn bonus cash back rewards on dining out and office supplies. I quickly found that the new Ink Cash® Business Card was going to be my best bet. I signed up and have been using the card for about a month now. Here's my review:

Benefits of the Ink Cash Business from Chase

  • Earn $200 Bonus Cash Back after spending $3,000 in the first three months
  • 5% cash back on the first $25,000 spent annually on office supplies, wireless, landlines and cable services
  • 2% cash back on the first $25,000 spent annually on gas and dining
  • 1% cash back on all other purchases with no limit on the amount of cash back you can earn
  • Cash back rewards do not expire
  • 0% intro APR for 6 months on purchases and balance transfers
  • No annual fee*

Remember to Sign Up Through Chase Ultimate Rewards

To take advantage of the rewards program available through the Ink Cash® Business Card, you'll need to sign up once with the Chase Ultimate Rewards program. Once you get your card in the mail you'll see the instructions to do so. Once you're signed up, you'll start earning 1% cash back on all your purchases, plus the 5% and 2% cash back in the additional categories. Keep in mind that the additional 5% and 2% is limited to $25,000 in spending a year. That's the only points limit you have to deal with.

Ink from Chase Small Business Management Tools

One of the cool things about this card is how it helps you manage your small business. Particularly if you have employees who need a credit card. First, you can get as many employee cards are you need, and earn rewards on the spending from those cards. You can also set a different monthly spending limit on each card, which I thought was a great feature.

To help you track your business expenses, they have some canned reports you can pull from the online interface. They also have a quarterly management report, which I can't see yet since I haven't been on board that long.

Other Benefits of the Ink Cash Business

It's worth noting that this card also has a nice 0% promotion upfront. You get an APR of 0% on all purchases and balance transfers for the first 6 months. Finally, like I said above, the card has no annual fee and a $200 bonus cash back.  I really like this card. Like I said above. I'm using it and I feel like it's helping me keep my business and personal expenses separate all while giving me the cushion and protection that comes from a credit card. Plus, I get the points too.  Read more or apply for the Ink Cash® Business Card.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer's Affiliate Program.”

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Last Edited: July 25, 2017 @ 5:30 pm
About Philip Taylor

Philip Taylor, aka "PT", is a former practicing CPA, blogger, podcaster, husband, and father of three. PT is also the founder and CEO of FinCon, the conference and community dedicated to helping other financial influencers and brands. He created this website back in 2007 to share his thoughts on money, hold himself accountable, and to meet others passionate about moving toward financial independence.

PT uses Personal Capital to keep track of his financial life. This free software allows him to review his net worth regularly, analyze his investments, and make decisions about his financial future.

PT keeps a portion of his emergency fund in Betterment, the automatic investing tool that makes investing super simple. Betterment focuses on what matters most: savings rate, time in the market, investing costs, and taxes. PT recommends this service to anyone looking to get started investing for themselves.

All the content on this blog is original and created or edited by PT.

Comments

  1. Julie at The Family CEO says:

    Phil, we use Chase Ink for one of our business cards and have been very happy. Your post prompted me to go check our rewards balance and I was very pleasantly surprised with the number we have accrued. Thanks for the reminder!

  2. Good thorough review of the Chase Ink credit card and all of its features.