Ink Cash Raises Sign-Up Bonus to $500

Mar 23, 2018

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

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

APPLY HERE: Ink Business Cash Credit Card – $500 Offer

If you’re looking to earn cash back on business expenses such as office supplies and telecommunications, the Ink Business Cash Credit Card is a great option. The card, which has no annual fee, has long offered $300 cash back to new cardholders who spend $3,000 in the first three months, but that offer’s just increased to $500. Even better, cardholders still need to make the same $3,000 in purchases in the first three months to get this bonus — the minimum spend requirement isn’t increasing at all.

Since this is a cash-back card — with rewards that are redeemable for 1 cent apiece as statement credits or toward travel, among other options — you’re guaranteed to get $500 in value from this sign-up bonus, and you could get even more value if you also have an Ultimate Rewards-earning card like the Chase Sapphire Preferred Card and transfer your rewards over from the Ink Cash. In that case, the $500 sign-up bonus would translate to 50,000 transferable Ultimate Rewards points, meaning you can move them over to travel partners like Hyatt and Singapore Airlines and potentially book redemptions worth much more than 1 cent per point. Based on our current valuations, Ultimate Rewards points are worth 2.0 cents a piece so 50,000 points could get you up $1,000 in value.

The Ink Cash card earns you 5% back on the first $25,000 in combined purchases each account year at office supply stores and on internet, cable on phone services. It also earns 2% back on the first $25,000 in combined purchases each year at gas stations and restaurants, and an uncapped 1% back on everything else.

A $500 sign-up bonus for a no annual fee card is a pretty solid deal, and the Ink Cash has some solid protections such as primary rental car insurance as well. We don’t know how long this elevated offer will stick around, so keep that in mind if you’re considering applying.

Featured photo by Eric Helgas for The Points Guy

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.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.