Chase Ink Business Cash Credit Card stands out for its remarkable cash back rewards and no annual fees. Whether you are managing daily expenses or optimizing business purchases, it could be the perfect solution.
With this card, you can simplify your company’s expenses and earn rewards at the same time. From office supplies to internet services, this card ensures that each purchase counts towards your cashback.
Ready to explore the full potential of this card? Join us as we highlight its key features and benefits, and learn why it might be perfect for your business needs.
About the Issuer
Chase is a leading financial institution renowned for its wide range of financial products and services. With a commitment to innovation and customer satisfaction, Chase continues to set the standard in the banking industry.
The Chase Ink Business Cash card is a testament to Chase’s commitment to supporting small businesses. By offering generous rewards and essential business tools, Chase empowers business owners to manage their finances more effectively.
Choosing the Chase Ink Business Cash card means partnering with a trusted name in banking. With Chase, you have access to top-notch customer service and a wide range of financial resources designed to help your business thrive.
Benefits
Cash Back Rewards: The card offers 5% cash back on purchases made on internet services and at office supply stores, cable, and phone services. This makes it an ideal choice for businesses with significant expenses in these categories.
Unlimited 1% Cash Back: For all other purchases, enjoy unlimited 1% cash back. This ensures that every dollar spent contributes to your cash back rewards, maximizing the value of your business expenses.
Welcome Bonus: New cardholders can earn up to $750 in cash back. This includes $350 when you spend $3,000 in the first three months, and an additional $400 when you spend $6,000 in the first six months. This substantial bonus offers a great incentive for businesses to start using the card right away.
0% Introductory APR: Benefit from a 0% introductory APR on purchases for the first 12 months, followed by a variable APR of 18.49% – 24.49%. This feature allows businesses to manage cash flow effectively and make significant purchases without incurring interest in the first year.
No Annual Fee: One of the standout features of the Chase Ink Business Cash card is its zero annual fee policy. This means you can enjoy all the benefits without worrying about additional costs.
Employee Cards at No Additional Cost: Manage your team’s expenses efficiently with employee cards, available at no extra cost. You can set individual spending limits to control business expenses and earn rewards faster.
Purchase Protection and Extended Warranty: The card offers purchase protection against damage or theft. Additionally, it extends the manufacturer’s warranty by one additional year on eligible warranties of three years or less.
Travel and Emergency Assistance Services: In case of emergencies while traveling, cardholders have access to legal and medical referrals, along with other assistance services, ensuring peace of mind during business trips.
Rental Car Coverage: For business travelers, the card provides primary collision damage waiver coverage for rental cars, making it a reliable choice for renting cars globally.
Chase Ink Business Cash – Fees and commissions
The Chase Ink Business Cash stands out for not charging an annual fee, making it an attractive option for small business owners looking to minimize fixed expenses. There is also a 0% introductory APR, as mentioned earlier.
Additionally, it imposes a foreign transaction fee of 3%, which can be a drawback for those who frequently travel abroad. The interest rate after the introductory period ranges from 18.49% to 24.49%, depending on the applicant’s creditworthiness.
It is important to consider these fees when planning the use of the card to avoid unexpected additional costs. For instance, in the case of late payments, the bank charges a fee of $40.
Card limit
The credit limit for the Chase Ink Business Cash varies according to the applicant’s credit analysis and financial history. Generally, the limit is adjusted based on the business’s payment capacity and financial profile, providing flexibility for making significant purchases.
However, it is crucial to use credit responsibly to maintain the financial health of the business and avoid excessive debt. Businesses with good financial histories can expect higher limits, providing greater purchasing power and investment opportunities.
If you’re looking for a comprehensive, secure card with a good credit limit, this option from Chase is certainly one of the best available on the market.
Positive points
- NO ANNUAL FEEThe card does not charge an annual fee, which is a great advantage for small businesses looking to save.
- REWARDSOffers up to 5% cashback in specific categories, allowing you to maximize the return on business expenses.
- 0% INTRODUCTORY APRProvides a period without interest on purchases, helping to manage large initial expenses.
Negative points
- FOREIGN TRANSACTION FEECharges 3% on international purchases, which can be an additional cost for businesses that operate globally.
- CASHBACK LIMITThe 5% and 2% cashback is limited to the first $25,000 spent per category annually.
- REQUIREMENTSA good credit history is needed for approval.
How to apply for Chase Ink Business Cash
- Visit the official Chase website;
- Navigate to the credit card section;
- Select the Chase Ink Business Cash credit card;
- Click on “Sign in to apply faster” or “Apply as a guest”;
- Fill out the form with your business and personal information;
- Review the terms and conditions and submit your application.
How to contact Chase Bank
For questions or support, you can contact Chase through the following means:
- Phone: 1 800 935 9935
- Website: Visit the official bank website
- Branches: Visit a local Chase branch
With the Chase Ink Business Cash card, your business finances become more efficient, secure, and rewarding. Assess your needs and make the most of the benefits this card has to offer.
