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Ink Business Cash® Credit Card
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reward
In each account anniversary year, earn 5% cash back on the first $25,000 in combined office supply store and Internet, cable and phone service purchases (1% thereafter). 2% cash back on the first $25,000 of combined gas station and restaurant purchases in each account anniversary year (1% thereafter).1% cashback on all other purchases
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welcome bonus
Earn $350 on purchases of $3,000 in the first 3 months and an additional $400 on purchases of $6,000 in the first 6 months after account opening
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Annual fee
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Intro APR
0% on purchases for the first 12 months from account opening.Not applicable for balance transfer
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normal annual interest rate
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Balance transfer fee
$5 or 5% of each transfer amount, whichever is greater.
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foreign transaction fees
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credit required
Most of the features and benefits available on the Ink Business Cash card remain the same. The biggest changes include the introduction of limited-time relationship bonuses and tweaks to how card bonuses are earned. Cardholders can also now receive an automatic assessment that increases their credit limit every six months or sooner.
Welcome bonus requirements
Previously, new cardmembers could earn a $750 bonus on the Ink Business Cash card after spending $6,000 within the first three months. This gives you even more time to meet that requirement. With a new tiered welcome bonus, new cardholders can earn $350 cash back after spending $3,000 on purchases within the first three months of account opening, and an additional $3,000 on purchases ($6,000 total). Earn an additional $400 in cash back. First 6 months from account opening.
This gives you more time to meet the same spending requirements and gives you the opportunity to earn some of your bonus early. No matter how you look at it, this is a positive change.
How to use this bonus
The rewards you earn can be cashed out as gift cards, travel (booked through the Chase Travel Portal), statement credits, or direct deposit. Additionally, if you have a Chase credit card that allows points transfer, such as the Chase Sapphire Preferred® Card, you can transfer the bonuses you earn on your Ink Business Cash card to 14 hotel and airline loyalty programs.
banking bonus
Ink Business Cash cardholders who open an account between March 17 and November 17, 2024 have the opportunity to earn bonus cash back. If you have both an Ink Business Cash card and a Chase business checking account on your first card anniversary, you will receive a 10% bonus on cash back earned on eligible purchases in your first year. You can receive it only once. That is, if in the first year he earns $1,000 cashback on his purchase, he will receive a $100 bonus. To qualify for this offer, you must open your Ink Business Cash card by November 17, 2024, but to receive the 10% bonus, you must open your Chase Business Checking account by your first card anniversary. Just open and enable it.
Chase has several different tiers of business bank accounts, and the most affordable option is the Chase Business Complete checking account. There’s no minimum deposit required to open, a $15 monthly maintenance fee, a minimum daily balance of $2,000, $2,000 in qualifying purchases on an eligible Chase Ink Business card, and more. You can be exempted by meeting certain requirements. You can also earn a $400 bonus if you complete qualifying activities. He deposits $2,000 in new funds into his account within 30 days, maintains a $2,000 balance for 60 days, and makes at least 5 qualifying transactions (debit card purchases, online bill payments, etc.). ) Within 90 days after registration.
Chase Business Complete Banking®
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special offer
Get $400 when you open a new Chase Business Complete checking account. If you’re a new Chase business, verify your customers with eligible activity.
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monthly maintenance fee
$15, waiver option available
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Minimum deposit amount to open
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minimum balance
Although not required, the monthly maintenance fee will be waived if you maintain a minimum daily balance of $2,000 in your account at the beginning of each statement period.
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Annual yield (APY)
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free atm network
Over 16,000 Chase ATMs
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ATM fee refund
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Small business benefits
Multiple owners get separate debit cards, PINs, and online access to their accounts.Debit card for employees where the owner can control her daily limit
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Overdraft fee
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mobile check deposit
Yes, with Chase Mobile® app
Terms and conditions apply. Chase Bank is a member of his FDIC.
How to avoid monthly fees:
During the monthly statement period, meet one of the following conditions:
- Minimum daily balance $2,000
- Purchase $2,000 at Chase Ink® business card)
- $2,000 in deposits from QuickAccept℠ and/or other eligible Chase Merchant Services transactions
- Chase Private Client Checking℠ Link your account
Depending on how much your company spends on credit cards each year, the American Express Blue Business Cash™ Card may be a better value option. Earn 2% cash back on purchases up to $50,000 per calendar year, after which he earns 1% cash back. There’s also no annual fee (see rates and fees), so small businesses that don’t take full advantage of Ink Business Cash’s bonus categories may prefer this card.
American Express Blue Business Cash™ Card
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reward
Earn 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back earned automatically added to your statement
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welcome bonus
Earn a $250 statement credit after you spend $3,000 in purchases on your card in the first three months.
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Annual fee
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Intro APR
0% on purchases for 12 months from account opening date
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normal annual interest rate
18.49% – 26.49% variable. APR does not exceed 29.99%
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Balance transfer fee
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foreign transaction fees
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credit required
See rates and fees. Terms and conditions apply.
If you have a business account through Bank of America, the Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Credit Card also offers affiliate benefits through the Preferred Rewards for Business program. This card earns unlimited 1.5% back on all purchases, depending on the amount you deposit into your Bank of America Business Savings Account and Merrill Business Investment Account (minimum level starts at $20,000). can increase your returns. This bonus increases your cashback percentage from 25% to 75%. This means cardholders can earn up to 2.62% on every purchase.
Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card
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reward
Earn unlimited 1.5% cash back on all your purchases anytime, anywhere.
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welcome bonus
Earn a $300 statement credit on purchases of $3,000 or more within the first 90 days of account opening.
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Annual fee
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Intro APR
Introductory APR on purchases for the first 9 billing cycles is 0%.
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normal annual interest rate
Variable annual interest rate from 18.24% to 28.24%
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Balance transfer fee
The greater of $10 or 4% of each transaction amount.
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foreign transaction fees
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credit required
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The Chase Ink Business Cash credit card is getting a makeover. These changes are not dramatic, but they are all positive. Welcome bonuses are easier to earn than ever before, and if you also have a Chase Business checking account, you’ll have the opportunity to earn more cash back. This is still one of the best cash back business credit cards if you want to earn cash back rewards.
CNBC Select’s mission is to provide quality service journalism and comprehensive consumer advice to help readers make informed decisions about their money. All personal finance articles are based on rigorous reporting by a team of expert writers and editors with extensive knowledge of financial products.. While CNBC Select earns commissions from affiliate partners on many offers and links, we create all content without input from commercial teams or outside parties and adhere to journalistic standards and ethics. We are proud of our products.
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For rates and fees on the American Express Blue Business® Cash Credit Card, visit click here.
Editor’s note: Opinions, analyses, reviews, or recommendations expressed in this article are solely those of Select editorial staff and have not been reviewed, approved, or otherwise endorsed by any third party.
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