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I’ve already shared that the Ink Plus temporarily raised its sign-up bonus in honor of Small Business Week, but now the Ink Cash has also temporarily raised its sign-up bonus until 5/25/15! For many of us the Ink Cash may actually make more sense to get than the Ink Plus, so read on for full details!
Ink Cash® Business Credit Card: 30,000 points after spending $3,000 in the first three months, no annual fee (THIS OFFER IS NO LONGER AVAILABLE).
The limited time bonus offer gives $300 bonus cash (aka 30,000 points) after you spend $3,000 on purchases in the first 3 months. This is an increase over the usual $200 in bonus cash after you spend $3,000 in the first 3 months. What is absolutely great about this card is that it has no annual fee and it still gives 5x points at office supply stores and on cellular phone, landline, internet and cable TV services just like the Ink Plus. The only difference in that respect is that the cap with the Ink Cash is 5x on the first $25,000 spent each year instead of the first $50,000.
It also gives 2x points at gas stations and restaurants on the first $25,000 spent in those categories each anniversary year. You will see this card advertised as a cash back card, but the reality is that if you or your spouse also have the Ink Plus, Ink Bold, or Chase Sapphire Preferred card that you can use the points earned as transferable points to Ultimate Rewards partners like United, Hyatt, Southwest, Singapore, Marriott, and more (just like with the Chase Freedom).
This card can make more sense for some than the Ink Plus since it has no annual fee, still earns 5x, and the points can transfer to hotel and airline partners as long as you also have a card that earns full Ultimate Reward like the Chase Sapphire Preferred® Card. To put it another way, while the Ink Plus clearly has the higher sign-up bonus, but the Ink Cash® Business Credit Card ( THIS OFFER IS NO LONGER AVAILABLE.) is actually better for many of us to keep for the long term thanks to having no annual fee – just be sure to get in on the increased bonus by 5/25/15!
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.