At the moment the no annual fee Ink Business Cash℠ Credit Card has its best ever welcopme bonus. Specifically, the card is offering $500 cash back (or 50,000 points) after spending $3,000 within three months. Prior to that the welcome bonus was $300 cash back (or 30,000 points), so this bonus is more than 60% bigger than usual. Even though this is a no annual fee card, the bonus is on par with some of Chase’s top premium cards, like the Chase Sapphire Reserve® Card.
Not only does the card have a great welcome bonus, but it’s worth holding onto long term, given that it offers excellent bonus categories, including:
- 5x points on the first $25,000 of combined purchases per account anniversary year at office supply stores, and on internet, cable, and phone services
- 2x points on the first $25,000 of combined purchases per account anniversary year at restaurants and gas stations
For a no annual fee card, it also offers unrivaled protection, including car rental, purchase, and travel coverage.
One question I’ve frequently received is if you’re eligible for the Ink Business Cash is you have one of the other Ink cards. This includes the Ink Business Preferred℠ Credit Card, which offers an 80,000 point welcome bonus, as well as the Ink Bold and Ink Plus cards, which are no longer open to new applicants.
The answer is yes — no matter what other Ink card you have (whether it’s the Preferred, Bold, or Plus), you’re eligible to be approved for, and receive the welcome bonus on, the Ink Business Cash. It’s logical that Chase lets you have both the Ink Business Cash and the Ink Business Preferred Card, given that the two cards are complements and not substitutes. They have different bonus categories, different perks, and having the Ink Preferred can increase the value of the points you earn on the Ink Cash, thanks to the ability to transfer points between accounts.
For those who don’t have any other Chase business cards, see this post for a general guide on how to apply for a Chase business card. As you can see, even those with small businesses are potentially eligible for this card, as intimidating as it can be to apply for your first business credit card. Also see this post for a guide on how to transfer Chase Ink Cash points to other cards to maximize their value, as you can potentially get 50%+ more value out of your points by doing that.