The Chase Ink Business Cash is one of a handful of Chase credit cards available to reward you for your business spending. This card focuses on big rewards in a few select spending categories, so it could be right for you if you spend in the right categories. Wondering whether the Chase Ink Business card is right for you? In this review, we’re breaking down all of the card’s biggest perks, how you can use your rewards, and a few downsides to consider. There are several ways to redeem your Chase Ink Business Cash reward points. First, you can simply get cashback for your points to apply either as a statement credit toward your balance or to deposit directly into your checking or savings account. You can also redeem your rewards for business travel through Chase Ultimate Rewards at the Apple Ultimate Rewards store or for gift cards at more than 150 of your favorite stores, hotels, and more.
Pros:
High rewards in certain spending categoriesGenerous new cardmember bonusNo annual feePairs with Chase Ultimate Rewards cards
Cons:
The annual cap on rewards for bonus categoriesLow rewards on non-bonus spending categoriesForeign transaction fees
Rental car coverage: You can pay with your Ink Business Cash and get full rental coverage when you rent a car for business purposes. You’ll get reimbursement up to the cash value of the vehicle in cases of theft or collisions.Travel and emergency assistance services: If you run into problems when you’re on the road, you can get coverage for legal and medical assistance, as well as other forms of help.Roadside dispatch: Anytime you experience a roadside emergency, Chase will help connect you with the help you need, whether it be a battery jump, tow services, lockout service, and more.Purchase protection: Chase will cover your new purchases for 120 days and up to $10,000 per claim in cases of damage and theft.Extended warranty protection: Chase will extend your manufacturer’s warranties by an additional year.Free employee cards: You can get employee cards at no additional cost when you sign up for the Ink Business Cash. You can set spending limits for each card, and the spending on those cards helps you earn even more rewards.Business management: Chase offers plenty of other benefits for your business, including the ability to manage your cash flow, build your business credit, separate your business and personal expenses, and view your business insights.
If you’re on the fence about this card, consider what categories you tend to do the most business spending in and make sure the card’s rewards align with your spending. If your spending doesn’t fall into those categories or it’s evenly distributed across many different categories, then you may want to consider a card with more general cashback rewards. This card is also a great option for people with an existing Chase Ultimate rewards card such as the Ink Business Preferred, Sapphire Preferred, or Sapphire Reserve. Even if your other Chase card is for personal spending, you can transfer the rewards and get even more value for them.
