The best Ink Cash benefits are extended warranty protection and zero liability. It also offers free cards with individual spending limits for employees. Check out the other benefits below.
Here are the Ink Cash benefits:
Travel and emergency assistance services. Call the Benefit Administrator for legal, medical or other travel and emergency services. (You will be responsible for the cost of any goods or services obtained)
Roadside dispatch. Includes 24/7 towing, tire changes, jump starts, fuel delivery and lockout service. Roadside service fees will be provided when you call and will be billed to your card.
Business monitoring. Includes fraud protection, personalized account alerts and purchase protection.
Zero liability. You won't be held responsible for unauthorized charges made with your card or account information.
Purchase Protection. Covers new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
Auto Rental Collision Damage Waiver. Acts as primary coverage on vehicles rented for business purposes both domestically and abroad.
Extended Warranty Protection. Get an extra year on manufacturer warranties of three years or less.
Free employee cards. Set custom spending limits and earn rewards on employee purchases.
Ongoing cash back rewards. 5% cash back on the first $25,000 spent per year in combined purchases at office supply stores and on internet, cable and phone services; 2% cash back on the first $25,000 spent per year at gas stations and restaurants combined; and 1% back on all other purchases.
$0 annual fee.
0% APR for 12 months. This introductory rate applies to purchases.
In addition, the Ink Cash offers $900 for spending $6,000 in the first 3 months. And you need at least Good credit to get it. If you’d like to know where you stand, you can check your score for free on WalletHub.
Ink Cash Ultimate Rewards points are worth 1 cent apiece when redeemed for everything except Amazon purchases, which give you only 0.8 cents per point. To redeem Ink Cash points through Ultimate Rewards, log in to your online account from the Ultimate Rewards portal, and you’ll see all of your redemption options at the top of the page.… read full answer
The main Ink Cash requirements are that an applicant must be at least 18 years old with a valid Social Security number or Individual Taxpayer Identification number. Applicants must also have a physical U.S. address, enough income to make monthly minimum payments, and at least good credit.
Proof of enough income to make the monthly minimum payment
Social Security number or ITIN
Good credit or better
If you apply for the Ink Cash card, it’s important that you enter all required information completely and accurately. Knowingly reporting false or misleading information on a credit card application is a federal crime.
Despite being called Chase Ink Cash, this card actually gives points that you can redeem for cash at a rate of 1 cent per point. You and authorized users on your card earn Chase Ink Cash points when you make purchases. You’ll earn 5 points per $1 on the first $25,000 spent per year on office supplies and phone, internet and cable TV services. You also earn 2 points per $1 on gas and dining, up to $25,000 spent per year. And you get 1 point per $1 on all other purchases. There’s also a 500-point bonus when you spend $3,000 in the first three months.… read full answer
You can redeem Chase Ink Cash points for cash as a statement credit or a direct deposit to a checking or savings account. You can also redeem points for gift cards, travel, or other products and services available through the Chase Ultimate Rewards program. Points are worth one cent when redeemed, no matter what you use them for. You can combine or transfer points with other eligible Chase cards that use Ultimate Rewards.
Points earned during a monthly billing cycle usually post to your statement at the close of the cycle. And they’re available to use at the beginning of the next billing cycle. But some points earned near the end of a billing cycle may take up to an additional billing cycle before they are available.
Here is what you should know about Chase Ink Cash Points:
You’ll earn Chase Ink points when you or an authorized user use the Chase Ink Business Cash card to make purchases, minus any returns or refunds. 100 points gets you $1 in cash back.
Transactions that do not qualify as purchases and do not earn Chase Ink Cash points include, but are not limited to: balance transfers; cash advances; travelers checks, foreign currency and money orders; gambling; interest; unauthorized or fraudulent charges; and credit card fees.
With Ink Cash, you’ll earn 5 points per $1 on the first $25,000 spent per year on office supplies and phone, internet and cable TV services. You get 2 points per $1 spent on gas and dining, up to $25,000 spent per year. Any purchases above the $25,000 threshold earn 1 point per $1. You earn 1 point per $1 on all other purchases.
The Ink Cash card also earns a 500-point bonus worth $500 cash back when you spend $3,000 in the first three months.
Chase Ink Cash points are worth one cent each when redeemed for cash, gift cards, travel, or other products and services available through the Chase Ultimate Rewards. You can redeem points for cash either as a statement credit or a direct deposit to a checking or savings account.
You can also combine or transfer points with other eligible Chase cards that use Ultimate Rewards. You can only transfer points to cards belonging to you, a household member, or business owner, if applicable. Eligible Chase cards are Chase Freedom and Freedom Unlimited; Sapphire Preferred and Reserve; and Ink Business Preferred.
Travel purchases eligible for points redemption include airline tickets, hotel rooms, car rentals, cruises and more. If you don’t have enough points to redeem for travel, you can charge the remaining cost of your booking to your Chase Ink Cash card.
Ink Cash points do not expire as long as your account is active. You will lose all unused points if your account is closed, regardless of the reason.
Chase Ink Cash points are even more valuable in that the card has no annual fee. You can spend and earn points without the pressure of meeting a specific threshold to offset the cost of annual fee.
Be careful with international purchases, though. Chase Ink Cash does charge a 3% foreign transaction fee on all purchases made outside of the United States or through internationally-based merchants. Any rewards earned on international purchases would be quickly eroded, if not wiped out, with a 3% surcharge tacked on.
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