As a small business owner, managing expenses and maximizing rewards are crucial to the success of your business. The card_name is a popular option for those looking to earn cash back on everyday purchases. With its generous sign-up bonus and ongoing rewards program, it’s no wonder why this card is a top pick for many entrepreneurs. In this post, we’ll dive into the features and benefits of the card_name, and help you determine if it’s the right fit for your business.
Ink Business Cash Details
The card_name is a popular business credit card that earns a $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.
You can earn 5% cash back on the first $25,000 spent each account anniversary year at office supply stores, internet, cable, and phone services, and 2% cash back on the first $25,000 spent each account anniversary year at gas stations and restaurants. Plus, you’ll earn 1% cash back on all other purchases made with the card. The card also comes with a variety of perks such as no annual fee, employee cards at no additional cost, and an introductory 0% APR period for the first 12 months on purchases and balance transfers.
How to Earn Points with the Ink Business Cash
The card_name offers several ways to earn points, allowing cardholders to maximize their rewards. The first and most straightforward way to earn points is through everyday spending. The card offers 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year. Additionally, cardholders earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. All other purchases earn 1% cash back.
The card_name also offers a sign-up bonus of $900 bonus cash back after spending $6,000 on purchases in the first 3 months from account opening. This generous sign-up bonus is one of the most attractive features of the card and can be an excellent way to jump-start your rewards earnings.
How to Redeem Points with the Ink Business Cash
Redeeming your points with the card_name is easy and straightforward. You have multiple options to redeem your points, including cash back, travel, gift cards, and more. The most valuable option is to transfer your points to other Chase Ultimate Rewards cards that allow you to transfer your points to a partner airline or hotel loyalty program for award redemptions including:
- World of Hyatt offers some fantastic hotels, and a free night will cost you anywhere from 3,500 to 45,000 points, depending on the category and whether there’s peak pricing or not.
- Air Canada Aeroplan is a great frequent flyer program, with more airline partners than any other airline loyalty program, and you can also add stopovers to awards for 5,000 points one-way.
- If you have the Chase Sapphire Reserve, then you can redeem for 1.5 cents each toward travel purchases, while if you have the Chase Sapphire Preferred or Ink Business Preferred Credit Card, then you can redeem for 1.25 cents each toward travel purchases.
- Fortunately, Singapore Airlines KrisFlyer has fair redemption rates, pretty good award availability in business class, and limited surcharges.
- You can even redeem miles for Emirates first class, though it could take some work.
- Transatlantic business class awards with Air France-KLM Flying Blue start around 55,000 miles one-way, with mild fuel surcharges.
- British Airways Executive Club is useful for oneworld redemptions, with a unique distance-based award chart.
- Southwest Rapid Rewards is a revenue-based frequent flyer program, where each point will get you roughly ~1.5 cents toward the cost of a ticket.
With these options, you’re sure to find the perfect redemption for your Chase Ultimate Rewards points.
Which Cards Compete with the Ink Business Cash?
While the card_name has many benefits, there are other cards on the market that compete with it. Here are some of the top competitors:
- American Express Blue Business Cash Card – This card offers 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back thereafter. There’s no annual fee and you can earn a $250 statement credit after spending $3,000 in the first 3 months.
- Capital One Spark Cash for Business – This card offers a flat 2% cash back on all purchases with no limit on how much you can earn. There’s a $0 intro annual fee for the first year, then $95 annually after that.
Each of these cards offers a strong cash-back rate on purchases, but they differ in terms of annual fees and other benefits. It’s important to compare these cards and see which one works best for your specific business needs.
Ink Business Cash FAQs
Is there an annual fee for the Ink Business Cash?
No, the card_name does not have an annual fee.
Can I transfer my points to other Chase credit cards?
Yes, if you have another Chase credit card that earns Ultimate Rewards points, you can transfer your points from your card_name account to that card’s account.
Can I use the Ink Business Cash for personal expenses?
While the card is designed for business expenses, there is no restriction on using it for personal expenses. However, it’s important to keep track of your expenses and make sure you’re not mixing personal and business expenses.
Are there foreign transaction fees for the Ink Business Cash?
No, card_name does not charge foreign transaction fees, which makes it a great choice for business owners who travel internationally.
Is there a limit to how much cash back I can earn with the Ink Business Cash?
No, there is no limit to how much cash back you can earn with the card_name. However, keep in mind that some bonus categories have a spending cap of $25,000 per year.
How do I redeem my cash-back rewards?
You can redeem your cash-back rewards for statement credits, gift cards, travel, or transfer them to other Chase Ultimate Rewards cards. Redemption options may vary and are subject to change.
Do I need excellent credit to be approved for the Ink Business Cash?
While a good credit score is preferred, it is not the only factor considered in the application process. Other factors such as income, business revenue, and credit history will also be taken into account.
Chase Ink Business Cash Conclusion
In conclusion, the card_name is an excellent option for small business owners who want to earn cash back on their purchases. It offers a generous cash back program with no annual fee, making it an accessible choice for businesses of all sizes. With bonus categories that cater to common business expenses like office supplies and telecommunications services, the card is designed to help businesses earn rewards on their everyday spending. Plus, the ability to transfer points to other Chase Ultimate Rewards cards makes it a versatile addition to any rewards strategy. While there are other cards on the market that offer similar rewards programs, the card_name stands out for its low fees, flexibility, and accessibility.
How do you make the most of the card benefits? Do you value the cashback rewards, the introductory 0% APR offer, or the employee cards?
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