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finder.com’s rating: 4.5 / 5
★★★★★
$750
Welcome offer
Up to 5%
Cash back
$0
Annual fee
0%
Intro purchase APR
for the first 12 months (then 13.24% to 19.24% variable)
Annual fee | $0 |
---|---|
Welcome Offer | $750 cash back after spending $7,500 in the first 3 months |
Rewards | 5% at office supply stores, on Internet, cable and phone up to $25,000 combined annually (then 1%), 2% on gas and dining up to $25,000 combined annually then 1% after that and on all other purchases |
Purchase APR | 0% intro for the first 12 months (then 13.24% to 19.24% variable) |
Balance transfer APR | 13.24% to 19.24% variable |
Recommended minimum credit score | 670 |
Issuer | Visa |
Review by
Kevin Joey Chen is a credit cards, banking and investments writer whose work and analysis have appeared on CNN, U.S. News & World Report, Business.com, Lifehacker and CreditCards.com. He's passionate about helping you get your finances in order by expertly navigating cutting-edge financial tools — including credit cards, apps and budgeting software.
Because conditional credit card approval is automated on the website, you may get a decision on your application within a few minutes. If there are issues with your application, it may take a few business days to a few weeks to hear back.
After you’re approved, you’ll typically receive your card within 7 to 10 business days.
Chase advertises its Ink Business Cash℠ Credit Card rewards as cash back. However, you’ll actually earn points when you use your card.
It takes 100 points to earn $1 in cash back – in other words, each point is worth 1 cent, which follows the industry standard.
You can redeem your points for various rewards, including:
Points may be worth less than 1 cent apiece if you redeem them for rewards other than cash back. That said, it’s a good idea to check the redemption rate before using your points.
Best fuel cards for small business
One of the Ink Business Cash℠ Credit Card‘s best selling points is its $0 annual fee, which makes the card accessible to many businesses. Even if you don’t make many purchases on the card, you needn’t worry about earning enough cash back to make the card worth paying for.
The card does offer accelerated rewards in certain categories. That said, it’s best if your business spends heavily on gas, dining, office supplies and Internet, cable and phone services. Earning up to 5% cash back can help significantly when expenses are tight.
If your business doesn’t spend much in those categories, consider another business card that offers more lucrative rewards. Compare all three Chase Ink cards to see which best fits your business needs.
You may apply for the Ink Business Cash℠ Credit Card if:
To complete the application, you’ll need to provide information about yourself and your business, including:
You have a better chance of being approved for this card if you apply with a good to excellent credit score of 670 or higher.
If you don’t have a business, your chances of being approved for this card are slim. But if you have a healthy business and excellent credit, your likelihood of being approved will improve dramatically.
Here are a few other factors that might affect your odds of approval:
Cardholders generally think the Ink Business Cash℠ Credit Card is a great product with excellent cash back. Many cardholders say they were approved for high credit limits.
As of October 2020, Chase earns a Trustpilot score of 1.3 out of 5. Most negative reviews cite slow responses to fraud complaints and less-than-helpful customer service. Positive reviews cite the bank’s great mobile app and quick resolutions to their issues. Overall, your mileage may vary with Chase customer support.
JPMorgan Chase Credit Card is not accredited with the Better Business Bureau but it has an A+ rating and a composite score of 1.18 out of 5 stars based on 229 customer reviews as of October 2020. Most customer complaints revolve around poor customer service and hidden costs Chase credit cards in general. Make sure you read your card’s terms and the rewards agreement to avoid issues with your account.
The Ink Business Cash℠ Credit Card is an excellent business credit card, offering a great signup bonus, $0 annual fee, a solid intro APR and lucrative rewards. If your business can take advantage of the cashback categories, the card is an easy choice. It’s important to find the card that’s right for your business though, so you may want to compare your options.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our team evaluates credit cards to determine their value against similar cards on the market.
We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.