Last Chance to Earn $300 Cash Back with the No Annual Fee Ink Cash Card

Oct 14, 2015

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Update: Some offers mentioned below are no longer available – View the current offers here

A few weeks ago, we wrote about increased sign-up bonuses on two popular business credit cards from Chase: the Ink Plus Business Card and the no-annual-fee Ink Business Cash Credit Card. The increased offer on the Ink Cash is set to end this Sunday October 18th, so if you’ve been eyeing this card, you only have a few more days to take advantage!

The normal sign-up bonus is $200, so this represents a significant jump and is great way to avoid an annual fee. Any card that offers a 5% bonus category is automatically a solid option in my book, and the fact that you earn this on all telecommunications and office supply store purchases puts this card among the top fee-free credit cards out there. Remember too that many office supply stores sell retail gift cards, allowing you to extend the 5x bonus to merchants like Target or Home Depot.

The value proposition on the card jumps even higher if you also have a card that earns full Ultimate Rewards points (like the Chase Sapphire Preferred Card). Even though the card is billed as offering cash back, you can actually convert those earnings to Ultimate Rewards points if you link it to a card like the Sapphire Preferred, just like you can do with the Chase Freedom (No longer open to new applicants). By converting the $300 sign-up bonus into 30,000 Ultimate Rewards points, you’re actually more than doubling its value to $630 (based on TPG’s most recent valuations).

For more information on how to do this, be sure to check out Jason Steele’s post on Why Chase Freedom Isn’t Just Another Cash-Back Card.

Applying for a Business Card

Even though the Ink Cash is marketed as a business credit card, you don’t need to have a formal business with an EIN number in order to apply for it. For those of you who have small businesses, instead of applying with a Tax Identification Number, you can enter your social security number in the box and indicate that that you are a sole proprietor.

Ink Plus application

There are several key differences between personal and business credit cards, including different category bonuses and lucrative sign-up offers. Be sure to check out TPG’s top 10 reasons to get a business credit card for more details.

Bottom Line

The Ink Business Cash Card doesn’t get as much press as its premium counterpart, the Ink Plus Business Card, which comes with a $95 annual fee, though also has an increased sign-up bonus of 60,000 Ultimate Rewards points after you spend $5,000 on purchases in the first three months from account opening. However, the Ink Cash can be the better option for a few reasons:

  • If you want to avoid an annual fee
  • If you have a card like the Sapphire Preferred
  • If you don’t spend more than $25,000 per year in the 5x bonus category

I have personally held the Ink Plus for a few years now but have been considering a switch to the Ink Cash since these statements all apply to me. This increased sign-up bonus may lead me to finally pull the trigger, and if you’re in the same boat, time is running out!

Are you planning on applying for the Ink Cash before October 18th?

Delta SkyMiles® Platinum American Express Card

Earn 90,000 bonus miles after you spend $3,000 in purchases within the first three months of card membership. Plus, earn a $200 statement credit after your first Delta purchase within the first three months. Offer ends 7/28/21.

With Status Boost™, earn 10,000 Medallion Qualification Miles (MQMs) after you spend $25,000 in purchases on your Card in a calendar year, up to two times per year getting you closer to Medallion Status. Earn 3X Miles on Delta purchases and purchases made directly with hotels, 2X Miles at restaurants and at U.S. supermarkets and earn 1X Mile on all other eligible purchases. Terms Apply.

Apply Now
More Things to Know
  • Limited Time Offer: Earn 90,000 Bonus Miles after spending $3,000 in purchases on your new Card in your first 3 months and a $200 statement credit after you make a Delta purchase with your new Card within your first 3 months. Offer expires 7/28/2021.
  • Limited Time Offer: Plus, get a 0% intro APR on purchases for 12 months from the date of account opening, then a variable 15.74%-24.74%. Offer expires 7/28/2021.
  • Accelerate your path to Medallion Status, with Status Boost®. Plus, in 2021 you can earn even more bonus Medallion® Qualification Miles (MQMs) to help you reach Medallion Status.
  • Earn 3X Miles on Delta purchases and purchases made directly with hotels.
  • Earn 2X Miles at restaurants worldwide, including takeout and delivery and at U.S. supermarkets.
  • Receive a Domestic Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Enjoy your first checked bag free on Delta flights.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy an exclusive rate of $39 per person per visit to enter the Delta Sky Club® for you and up to two guests when traveling on a Delta flight.
  • No Foreign Transaction Fees.
  • $250 Annual Fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
0% on purchases for 12 months
Regular APR
15.74%-24.74% Variable
Annual Fee
$250
Balance Transfer Fee
N/A
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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