Chase Ink Cash earns Ultimate Rewards points that can be redeemed for cash back via statement credits. Cardholders can also redeem points earned with Ink Cash for travel purchases and gift cards through the Chase Ultimate Rewards portal online. The points can be used to pay for purchases on Amazon.com, too.
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 Chase Ink Cash points through Ultimate Rewards, log in to your Ink Cash account online from the Ultimate Rewards page, and you’ll see all of your redemption options at the top of the page. It’s pretty straightforward from there.
Chase Ink points are Chase's incentive for their business card, Chase Ink Cash. You can redeem those points for "cash" in the sense that the amount is deducted from your monthly credit card bill. In addition to that, you can redeem those points for a deposit in your checking/savings account.
The Chase Ink Cash foreign transaction fee is 3% of each transaction in U.S. dollars. That means using the Chase Ink Business Cash Card abroad will cost you 3% of each transaction in U.S. dollars more than a Chase business credit card with no foreign transaction fees, such as the Chase Ink Business Preferred Credit Card.… read full answer
A foreign transaction fee is charged when the Chase Ink Business Cash credit card is used outside of the U.S. It can also show up when a transaction is processed in a foreign country - such as when you order something from a foreign company online. So you could be charged a foreign fee even if you never take this card abroad.
If you often do business with foreign merchants, it will be better (and cheaper) to use a credit card with no foreign transaction fee.
The best Chase business credit card is the Chase Ink Business Preferred card because it offers a bonus worth $1,000 for spending $5,000 in the first 3 months. Ink Business Preferred also gives 3 points per $1 spent on travel and select business purchases, plus 1 point per $1 on everything else. Preferred provides free employee cards, too. And it has a $0 foreign transaction fee. The annual fee is $95.… read full answer
The Chase Ink Business Cash card offers the best ongoing cash back bonuses of any Chase business credit card. It has a $500 bonus for spending $3,000 in the first 3 months. And it gives 5% cash back on the first $25,000 spent per year at office supply stores and on internet/cable/phone services. Plus, it offers 2% back on the first $25,000 spent per year at gas stations and restaurants, along with 1% on everything else. There’s a $0 annual fee.
But if you want to earn rewards at a flat rate, Ink Business Unlimited comes out on top. It offers unlimited 1.5% cash back on all purchases. And it has a $0 annual fee.
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