5 reasons to apply for the Chase Ink . Business Cash Card

Chase has an extraordinary line of credit cards that include consumer, small business, and branded credit cards. There’s a Chase card for anyone, including cards that don’t charge an annual fee for everyday spending like Chase Freedom Unlimited®travel cards such as Chase Sapphire Reserve® and business cards like Ink Business Preferred® credit card.

For small business owners looking for a solid no-annual charge card in the Chase lineup, Ink Business Cash® credit card very worth seeing.

Not to be confused with more advanced Business ink is prioritizedthe Ink . Business Cash gets you up to 5% cashback on certain business purchases (up to an annual limit) and it is currently offering a signup bonus of $900 after you spend $6,000 on purchases in the first three months after account opening. There are many reasons why this underrated business card should be next on your wallet wish list—here’s our top five.

High value card with no annual fee These days are hard to come by, for some top travel card for both business owners and consumers for a fee of nearly $700 annually. If you have more than a dozen cards just like The Points Guy itselfCredit card annual fees can really add up.

One of the biggest benefits of Ink . Business Cash is you earn cashback on business expenses, gas stations and restaurants, get protected when you travel and shop, and earn solid signup rewards with no annual fees.

Related: See our full Chase Ink Business Cash credit card review

This bonus actually doubles in value if you also have a Chase Ultimate Rewards card such as Chase Sapphire Reserve or Business ink is prioritized. Because you can pool your Chase rewards into one account, your Ink Business Cash rewards can become Chase Ultimate Rewards points. Each is worth 2 cents, according to TPG . Valuation. Now your $900 bonus (90,000 Ultimate Rewards points) is worth an impressive $1,800.

Another reason to consider Ink . business cash card is that you can earn 5% back on your first $25,000 spent on a combined purchase at office supply stores and on cell phone, landline, internet, and cable services every year account anniversary. You’ll also get 2% cash back on your first $25,000 spent on combined purchases at gas stations and restaurants each account anniversary year, and you’ll get unlimited 1% cashback on every others.

When you spend the maximum bonus in both 5% and 2% categories, you will receive $1,750 cashback bonus each year as a result. For a credit card that doesn’t charge an annual fee, that’s a huge potential to earn rewards. Of course, if you pair this with a Chase Ultimate Rewards card, that $1,750 will turn into $3,500 in rewards.

The Ink . Business Cash comes with some solid travel and shopping protections. It offers purchase protection, covering new purchases for 120 days against damage or theft (up to $10,000 per claim and up to $50,000 per account). As a cardholder, you’ll also receive extended warranties on eligible purchases, as the card extends the US manufacturer’s warranty by an additional year (for qualified warranties from three years or less).

The Ink . business cash card also provides auto collision damage waiver. Basically, when you rent a car for business purposes and charge it to this card, you can opt out of the rental car company’s collision insurance and get it covered in the event of theft or damage. damaged by collision. This is valid on most rentals both in the US and abroad – just make sure to check the fine print for more details.

Note that if you are renting a car for personal use, Ink Business Cash will not be used. In that case, either the Chase Sapphire Reserve or the Chase Sapphire Preferred Card, both offer primary rental car insurancewould be better options.

One of the best things about the Chase line is the ability to pool your rewards between cash-back cards and Ultimate Rewards (including all Chase Ink Business cards). As mentioned above, if you keep Chase Sapphire Reserve, Chase Sapphire Preferred Card or Business ink is prioritizedyou can convert Ink . Business Cash rewards into Chase Ultimate Rewards. We value Chase points at 2 cents eachone of the most valuable point currencies available.

In spite of Ink . Business Cash not part of the official Chase Trifecta, it is still a valid card to pair with other Chase cards. You can effectively make a 10% percent profit (based on TPG’s valuation) for the first $25,000 spent at the office supply stores and other services mentioned above, and 4% of the first $25,000 spent at gas stations and restaurants. For daily spending, not bonuses, this card offers a pretty solid 2% return, great for a card that doesn’t charge an annual fee.

Also keep in mind that your redemption options will increase dramatically when you pair Ink . Business Cash with other Chase cards. For example, if you use Chase Sapphire Reserve for personal travel and dining and Ink Business Cash for your small business expenses, the rewards you can earn with your Ink Business Cash can be redeemed. get 1.5 coins each through the Chase travel portal or to redeem a travel partner when you transfer your points.

Related: When to book travel through Chase and when to transfer points

When you see a product advertised as business card, you may think you’re not eligible to apply – but you’re more likely to meet the requirements than you think. Friend no need to have a formal business eligible. For example, if you’re a freelancer or have a side gig, you should consider applying (as long as you meet the other requirements for a given product). In fact, you don’t even need an Employer Identification Number (EIN) to sign up for most business products, as most issuers allow you to use a Social Security Number (SSN).

No matter what type of business you run, there’s a lot to love about Ink Business Cash. Thanks to its high rate of return on select spending categories and the ability to cash back into valuable Ultimate Rewards, the Ink Business Cash card will be a free annual product worth your consideration. .

Are you a small business owner? Join TPG’s community created just for you!

Official app link: Ink . business cash credit card

Additional reporting by Emily Thompson.