Link: Learn more about the Ink Business Cash® Credit Card with 90K bonus points
The Ink Business Cash® Credit Card is part of the Chase Ink Business card portfolio, and is one of the best no annual fee cards out there. This card is currently offering a particularly good welcome offer, especially for a no annual fee card, so I’d like to take a look at all the details.
Chase Ink Cash Card 90K bonus points offer
The Chase Ink Cash Card currently has an elevated welcome bonus of 90,000 points after spending $6,000 within the first three months. You’ll see that the bonus is marketed as offering cash back, rather than points, so it’s described as a $900 bonus. Indeed, you could redeem the rewards as cash back.
However, if you have the card in conjunction with a card earning Ultimate Rewards points, like the Chase Sapphire Preferred® Card (review), Chase Sapphire Reserve® Card (review), or Sapphire Reserve for BusinessSM (review), then rewards can be transferred to Ultimate Rewards airline and hotel partners. Since I value Ultimate Rewards points at 1.7 cents each, that increases the value of the points by 70% right there, as far as I’m concerned.
I consider the 90,000 points to be worth $1,530. That’s unbelievably good, especially for a no annual fee card.
Who is eligible for the Chase Ink Cash Card bonus?
The Chase Ink Cash Card has pretty straightforward eligibility requirements, and follows Chase’s general card application rules:
- Eligibility for the bonus on this card is unrelated to whether you have any other Chase card, including the other Chase Ink cards, like the Ink Business Unlimited® Credit Card (review)
- As a matter of fact, you can get multiple multiple Chase Ink Cash cards for different businesses (and receive all the benefits, including the welcome offer, for each); so if you have one for a corporation, you could also apply for one for a sole proprietorship, and hold them concurrently
- This card may be subjected to Chase’s 5/24 rule, which is to say that you may not be approved if you’ve opened five or more new card accounts in the past 24 months (this excludes many business cards); however, there are increasingly data points that this rule is no longer consistently enforced
- It’s generally considered a best practice to not apply for more than one Chase business credit card every 30 days, so I’d recommend observing that limit when applying
While Chase business cards can be tough to get approved for, they offer such fantastic bonuses and perks, so it’s worth the effort, in my opinion. Furthermore, it’s nice how the eligibility requirements aren’t too strict in terms of qualifying for the bonus.
Why the Chase Ink Cash Card is worth it
The Chase Ink Cash Card has no annual fee, and there are several reasons to consider picking it up. The way I view it, there are a few points that are most important.
For one, the card has a phenomenal rewards structure, which can earn you lots of points:
- Earn 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
- Earn 2x points on the first $25,000 of combined purchases per account anniversary year at restaurants and gas stations
Furthermore, the card offers primary rental car coverage, which can come in handy if you rent cars with any frequency, and is incredibly rare for a no annual fee card. Also, since the card has no annual fee, there’s really no opportunity cost to holding onto it, and it allows you to create a great portfolio of cards to maximize rewards.
Read my review of the Chase Ink Cash Card.
Bottom line
The Chase Ink Cash Card is one of the most lucrative no annual fee cards out there. Currently the card has an improved welcome bonus of 90K points. Not only does the card have a huge bonus, but it offers rewards that can make it worth holding onto, like 5x points in select categories, plus rental car coverage.
If you’re eligible for this card, I’d highly recommend applying. You can even potentially get the card for multiple businesses.
Do you plan on picking up the Chase Ink Cash Card with the current offer?