Ink Business Cash® Review
Overview
The Ink Business Cash is a fantastic no-annual-fee business card: 5% back on office supplies, internet, cable, and phone services, up to a generous cap, for free. Those are core business categories, and 5% on them with no fee is hard to beat.
The real kicker is that its rewards become transferable Ultimate Rewards when paired with a Sapphire or Ink Preferred, so a free card quietly turns into a travel-points machine.
Think twice if: you have no spending in those categories, since the 5% is where the value concentrates.
Our 4.5 out of 5 rating
Each score weighs the rewards rate, value after the annual fee, welcome offer, points flexibility, and perks, with every point valued at a flat 1 cent. This is our editorial assessment to help you compare cards, not a guarantee of approval or of the value you will get.
Rewards: how it earns
You earn 5% on office supplies and on internet, cable, and phone services up to an annual cap, 2% on gas and dining, and 1% elsewhere, with no annual fee. The 5% categories are excellent for a business, and paired with a Sapphire or Ink Preferred, the points become transferable Ultimate Rewards, which is where the real value lives.
| Category | Rate | Notes |
|---|---|---|
| Phone and internet bills | 5% back | Bonus category |
| Office supplies | 5% back | Bonus category |
| Dining and restaurants | 2% back | Bonus category |
| Gas | 2% back | Bonus category |
| Groceries | 1% back | Base rate |
| Travel | 1% back | Base rate |
| Streaming | 1% back | Base rate |
| Advertising | 1% back | Base rate |
| Shipping | 1% back | Base rate |
| Everything else | 1% back | Everything else |
Every point and mile above is valued at a flat 1 cent, the same honest standard we use for every card. Run your own spending through the calculator to see what this card would actually return for you.
Pros and cons
- No annual fee
- 5% on office supplies, internet, cable, and phone
- Points become transferable when paired with a Sapphire or Ink Preferred
- Large welcome bonus and no 5/24 impact
- 5% categories are capped annually
- Points are cash-value on their own
- Best value requires the Chase ecosystem
The welcome bonus
The welcome bonus is strong: up to $1,000 cash back after $8,000 in the first few months, often tiered. For a free card, that is a big year-one payout.
Is it worth the annual fee?
There is no annual fee, so there is nothing to justify, and every reason to keep it. Free 5% on core business categories, with points that can become transferable, plus it does not count toward Chase 5/24, makes this an easy long-term hold.
First-year value vs ongoing value
| Welcome bonus | $1,000 cash back |
| To earn it | $8,000 in 4 months |
| Est. first-year value* | $1,684 |
| Est. ongoing value / yr* | $684 |
The welcome bonus makes year one the high point: roughly $1,684 in value once you count the bonus, this card’s rewards, and its credits, minus the no fee. After that, the honest figure is about $684 a year, so judge whether it earns its keep on the ongoing number, not the first-year headline.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent, on average spending.
Benefits and protections
Beyond the rewards, the perks and protections worth knowing about include:
- Pool cash back with Chase Sapphire Reserve/Preferred to unlock 1:1 airline and hotel transfers
- Employee cards at no additional cost
- No foreign transaction fees
- Purchase protection and extended warranty
- Auto rental collision damage waiver
Statement credits
This card does not come with recurring statement credits. Its value is in the rewards rate and welcome offer.
Ecosystem and transfer partners
The Ink Business Cash® earns Ultimate Rewards, one of the more valuable currencies in rewards because of where the points can go. On its own it earns flexible points, but paired with a premium Chase card you can pool them together and unlock 1 to 1 transfers to 8 airline and hotel partners: United Airlines, World of Hyatt, Southwest Airlines, British Airways, Air France/KLM, Singapore Airlines, Air Canada, and Virgin Atlantic. As an earner, its job is to rack up points cheaply that you move to a hub card before transferring. The sweet spots are usually premium-cabin flights and high-end hotel nights, where a single point can be worth well more than the 1 cent we value it at here.
Airline partners: United Airlines, Southwest Airlines, British Airways, Air France/KLM, Singapore Airlines, Air Canada, Virgin Atlantic.
Stop guessing at point values. Look up the real mileage price and live seat availability for a specific flight.
Search award flights on seats.aero →Hotel partners: World of Hyatt.
Look up the live points price and availability for a specific hotel stay before you book.
Search award stays on rooms.aero →Who should get it, and who should skip it
If your business spends on office supplies, internet, or phone, this card is a must-consider, 5% on those categories for free, feeding transferable points when paired with a Sapphire or Ink Preferred, is a superb setup.
Even on its own it is a strong cash-back card. Its best use, though, is as part of a Chase business trifecta funneling transferable points. Hard to do better for free.
How it compares
If the Ink Business Cash® is not quite the right fit, these related cards are worth weighing against it:
Frequently asked questions
Best-card guides featuring this card
Offer details verified against issuer sources as of July 2026. Editorial opinions are our own. Cardocrat values all points at a flat 1 cent and never inflates redemptions.
