Should You Choose the Chase Ink Business Cash Credit Card?

Should You Choose the Chase Ink Business Cash Credit Card?
Amy Fontinelle
on March 17, 2020
Read in 4 min

Assuming you don’t make any late payments and your balance is paid in full before the end of the promotional period, you’re able to enjoy what amounts to an interest-free loan with the Ink Business Cash Credit Card for small businesses.

Who is the Chase Ink Cash for Business card for?

The Chase Ink Business Cash credit card is a great option for a first-time entrepreneur looking to offset initial startup costs, for example.

This credit card would also be well-suited for business owners looking to fund a large purchase that will generate revenue within the year, or for domestic businesses planning to use the card for business supplies and utilities.

With a sign-up bonus worth $500 after spending $3,000 in your first quarter and competitive cashback rewards, Ink Business Cash is among the best credit cards available to small business owners.

Learn more about How to Compare Business Credit Tools

Our comprehensive credit card reviews make it easier than ever to identify the best set of features for your small business needs:

Chase Ink Cash Review – Benefits

Chase Ink for Business Sign-Up Bonus

The Chase Ink Business Cash credit card offers 30,000 bonus points when you make at least $3,000 in purchases within 3 months of opening your account.

The bonus points can be redeemed for $500 cash back.

Balance transfers, cash advances and other non-purchase transactions do not count toward earning the bonus.

Employee Cards via Chase Ink Cash

With their consent, you can add employees to your account as authorized users.

Employees can receive access to your full credit line, or you can establish individual credit limits for each employee.

0% Introductory APR for 12 Months

After that, the APR is 14.74% – 20.74% variable based on your creditworthiness and the prime rate.

To maintain the introductory rate, you must make all required payments by the due date and time, otherwise the default APR will take effect.

Chase Ink Business Rewards

Earn 5% cash back on the first $25,000 per cardmember year on purchases at office supply stores and on internet, cable and phone services.

Earn 2% cash back on the first $25,000 per cardmember year on purchases at gas stations and restaurants.

Earn unlimited 1% cash back per $1 spent on everything else.

No Annual Fee

This pretty much says it all–

Don’t underestimate the savings associated with choosing a business credit card with no annual fee.

Chase Ink Cash Review – Drawbacks

Limited Eligibility

Businesses that have previously held a Chase card with the same or similar rewards may not be eligible for this deal.

Businesses that currently have a Chase card with promotional pricing are not eligible for this card.

Businesses with a history of using a Chase card only for promotional pricing offers are not eligible for a second card with promotional pricing.

Learn more about how the Best Banks For Business May Not Be Banks At All

Personal Liability

The business owner who applies for the Chase Ink Business credit card is personally responsible, both individually and jointly with the company, for all balances owed on the card, even after leaving employment with the company.

Beware High Foreign Transaction Fees with Chase Ink Cash

This card has a foreign transaction fee of 3% of each transaction in U.S. dollars.

If you frequently travel or make purchases from overseas companies, a card with no foreign transaction fees may be a better choice.

Chase Ink Cash Business Credit Card Details

Minimum interest charge: none.

Card use: business purposes only.

Balance calculation: daily balance method, including new transactions.

Grace period: no interest will be charged from the time of purchase until the due date, which will be at least 20 days after the close of the billing cycle, if you do not carry a balance.

*If you do carry a balance, interest accrues from the date of each purchase, balance transfer, or cash advance.

APR on purchases and balance transfers: 0% fixed for the first 12 billing cycles, then 13.74% to 19.74% variable based on your creditworthiness and the prime rate, calculated as prime plus 9.99% to 15.99%. (Prime is 3.75% as of 12/20/2016.)

Balance transfer fee: $5 or 5% of each transfer, whichever is more. Only business expenses may be transferred.

Cash advance fee:  $15 or 5% of each transaction, whichever is more.

Cash advance APR: 21.74% plus prime. Currently 25.49%, maximum 29.99%.

Late payment fee: $15 if the balance is less than $100; $29 if the balance is $100 to $249.99; $39 if the balance is $250 or more.

Return payment fee: $39

Return check fee: $0

Typical credit access line: $3,000–$25,000; possibly higher.

Ink Business Cash Back & Travel Rewards

100 points = $1 in cash back rewards (1 point = 1 cent).

Points can be redeemed for a statement credit, ACH transfer to a checking or savings account, gift cards or travel.

Minimum redemption is 2,000 points.

Points do not expire as long as your account remains open and in good standing.

Final Review: Chase Ink Business Cash

When comparing the best business cards for small business owners, the Ink Business Cash Credit Card does more than hold it’s own.

Use the 0% introductory APR to soften the blow of a large but necessary expense in lieu of paying equipment financing rates, and set all your recurring business expenses to auto-pay from this account to rack up points fast.

Be wary of the default APR after the promotional period ends, and definitely use a different card with merchants abroad to skirt the foreign transaction fees.

If you’re embarking on your first business venture, Chase Ink Business Cash is a great credit card to help you get started.


The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone. Additionally, the opinions of the commenters are not endorsed or supported by Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

Amy Fontinelle Finance Journalist

Amy Fontinelle is a writer, editor, and personal finance expert.

Her articles have appeared at Investopedia, Bankrate,, The Simple Dollar,, Yahoo,,, Bankaholic,, Saving Advice and other sites.

Amy’s clients include personal finance websites, financial institutions, public policy organizations, academic journals, and professional economists.

Important Disclosures. Please Read Carefully.

Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. is not a lender or lending partner and does not make loan or credit decisions. connects interested persons with a lender or lending partner from its network of approved lenders and lending partners. does not control and is not responsible for the actions or inactions of any lender or lending partner, is not an agent, representative or broker of any lender or lending partner, and does not endorse any lender or lending partner. receives compensation from its lenders and lending partners, often based on a ping-tree model similar to Google AdWords where the highest available bidder is connected to the consumer. Regardless,’s service is always free to you. This service is not available in all states. If you request to connect with a lender or lending partner in a particular state where such loans are prohibited, or in a location where does not have an available lender or lending partner, you will not be connected to a lender or lending partner. You are urged to read and understand the terms of any loan offered by any lender or lending partner, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you. By submitting your information via this website, you are authorizing and/or lenders and lending partners in its network or other intermediaries to do a credit check, which may include verifying your social security number, driver license number or other identification, and a review of your creditworthiness. Credit checks are usually performed by one of the major credit bureaus such as Experian, Equifax and Trans Union, but also may include alternative credit bureaus such as Teletrack, DP Bureau or others. You also authorize to share your information and credit history with its network of approved lenders and lending partners. For qualified consumers, our lenders offer loans with an Annual Percentage Rate (APR) of 35.99% and below. For qualified consumers, the maximum APR (including the interest rates plus fees and other costs) is 35.99%. All loans are subject to the lender’s approval based on its own unique underwriting criteria. Example: Loan Amount: $4,300.00, Annual Percentage Rate: 35.99%. Number of Monthly Payments: 30. Monthly Payment Amount: $219.36. Total Amount Payable: $6,581.78 Loans include a minimum repayment plan of 12 months and a maximum repayment plan of 30 months. In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lender’s rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

Lender’s or Lending Partner’s Disclosure of Terms.

The lenders and lending partners you are connected to will provide documents that contain all fees and rate information pertaining to the loan being offered, including any potential fees for late-payments and the rules under which you may be allowed (if permitted by applicable law) to refinance, renew or rollover your loan. Loan fees and interest rates are determined solely by the lender or lending partner based on the lender’s or lending partner’s internal policies, underwriting criteria and applicable law. has no knowledge of or control over the loan terms offered by a lender and lending partner. You are urged to read and understand the terms of any loan offered by any lenders and lending partners and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

Late Payments Hurt Your Credit Score

Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lenders and lending partners immediately and discuss how to handle late payments.