Chase Ink Enterprise Money Bank card overview: Full particulars

Chase’s Ink Enterprise Money® Credit score Card supplies a wholesome 5% money again on workplace provides and choose utilities, in addition to 2% money again at eating places and fuel stations — as much as the primary $25,000 spent in mixed purchases every account anniversary 12 months. Given these classes, it is a stable no-annual-fee small-business bank card. And you may greater than double the worth of your rewards in case you switch them to a card that earns Chase Final Rewards factors. Card Ranking*: ⭐⭐⭐⭐

*Card ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

If your enterprise does not have important journey prices, you might not see the worth in having a journey rewards card. However the Chase Ink Enterprise Money Card presents beneficiant returns on a broad spectrum of workplace bills like provides, web, cable and telephone providers whereas charging no annual price and providing numerous redemption choices.

The advisable credit score rating to use for this card is 670 or above.

The Chase Ink Enterprise Money Card is a cash-back enterprise card, which suggests redeeming your rewards is simple. Nonetheless, extra profitable redemption choices can be found in case you pair it with a card that earns Final Rewards factors.

Let’s take a more in-depth take a look at the Ink Enterprise Money Credit score Card so you’ll be able to resolve if it is a good match for your enterprise.

Associated: Enterprise playing cards vs. private playing cards: Key variations

The Ink Enterprise Money Card has a profitable provide of as much as $750 bonus money again: $350 money again after spending $3,000 on purchases within the first three months of opening an account, plus an extra $400 money again after spending $6,000 within the first six months. That is the usual provide for this card’s historical past, tweaked a bit so it is simpler to get the primary chunk of its cash-back rewards.

You may flip the cash-back bonus into Final Rewards factors in case you switch your cash-back rewards to a card that earns Final Rewards factors, such because the Ink Enterprise Most well-liked® Credit score Card, Chase Sapphire Reserve® or Chase Sapphire Most well-liked® Card. In keeping with TPG’s January 2025 valuations, 75,000 Final Rewards factors are value $1,538.

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Associated: Your information to the Chase Ink Enterprise bank cards

The Ink Enterprise Money Card is a no-annual-fee card that provides modest advantages and perks.

One of many card’s finest perks for a lot of small-business house owners is that you would be able to request playing cards for workers at no further price. You may earn rewards for his or her spending, and you’ll even set particular person worker spending limits for higher management.

If you buy eligible objects with the Ink Enterprise Money Card, these purchases might be lined by buy safety and prolonged guarantee safety. Buy safety covers your new purchases for 120 days in opposition to injury or theft at as much as $10,000 per declare and $50,000 per account, whereas prolonged guarantee safety extends the interval of a U.S. producer’s guarantee by an extra 12 months on eligible warranties of three years or much less. These protections can save your enterprise some severe money.

If you hire a automotive, you might be lined by the Ink Enterprise Money Card’s auto rental collision injury waiver whenever you decline the rental firm’s collision insurance coverage and cost your entire rental price to your card. Protection is main when renting for enterprise functions and supplies reimbursement as much as the precise money worth of the car for theft and collision injury for many leases within the U.S. and overseas.

Whether or not you are at dwelling or overseas, you’ll be able to name the Profit Administrator for authorized and medical referrals in addition to different journey and emergency help. Brokers can present steering and data when wanted, however you may be liable for the price of any providers you get hold of.

Lastly, the Chase Ink Enterprise Money Card options zero legal responsibility safety, which suggests you will not be held liable for unauthorized prices made together with your card or account data. Chase will assist safeguard your account utilizing real-time fraud monitoring.

Associated: Causes to use for the Chase Ink Enterprise Money Card

With the Chase Ink Enterprise Money Card, you may earn 5% money again on the primary $25,000 you make in mixed purchases every account anniversary 12 months at workplace provide shops and on web, cable and telephone providers. Plus, you may earn 2% money again on the primary $25,000 you make in mixed purchases at fuel stations and eating places every account anniversary 12 months. You may additionally earn 1% money again on all different purchases, together with on spending over $25,000 every account anniversary 12 months within the 5% and a couple of% classes.

5% money again is spectacular for a no-annual-fee card, one of many finest cash-back bank card incomes charges available on the market, and it is even higher in case you have a card that earns Chase Final Rewards factors. Then you’ll be able to switch your cashback to Final Rewards factors and successfully earn 5 Final Rewards factors per greenback spent at workplace provide shops and on web, cable and telephone providers. Since TPG’s January 2025 valuations deem Final Rewards factors as value 2.05 cents every, that is a ~10% return on spending in these classes.

Associated: Enterprise bank cards vs. cost playing cards — which is best for you?

Simply because the Chase Ink Enterprise Money Card is a cash-back card does not imply you do not have choices for redeeming your rewards. In the event you redeem for money, you’ll be able to obtain your cash as an account assertion credit score or via an digital deposit into an eligible U.S. checking or financial savings account.

Different choices, equivalent to reward playing cards, journey, distinctive experiences, Amazon Store with Factors and Apple Final Rewards Retailer, present lower than face worth to your cash-back rewards. We usually do not advocate redeeming your rewards for these lower-value choices.

Associated: Easy methods to maximize your Chase Final Rewards factors

When you have a card just like the Ink Enterprise Most well-liked Credit score Card, Chase Sapphire Reserve or Chase Sapphire Most well-liked Card that earns Chase Final Rewards factors, you unlock an extra redemption choice: You may convert the cash-back rewards in your Ink Enterprise Money Card to Chase Final Rewards factors.

The opposite card that earns Chase Final Rewards factors have to be registered to the corporate’s proprietor, you or a family member to qualify. As soon as you progress factors to an Final Rewards-earning account, you’ll be able to switch them to airline and resort journey companions or e book journey instantly via Chase Journey℠ at a greater fee.

TPG contributor Matt Moffitt converts the money again he earns on his Ink Enterprise Money to Final Rewards factors as he holds the Chase Sapphire Reserve. Then he transfers these factors to World of Hyatt for high-value resort redemptions.

Associated: Easy methods to e book journey (and save factors) with Chase Journey

The Ink Enterprise Money Card is a wonderful alternative in case your main spending aligns effectively with the workplace provide and utilities bonus classes. However listed below are another choices:

• In the event you are likely to spend extra on journey, delivery and promoting: The Ink Enterprise Most well-liked Credit score Card works effectively with the Ink Enterprise Money since having the Ink Most well-liked permits the Ink Enterprise Money to successfully earn Final Rewards factors. For a $95 annual price, the Ink Enterprise Most well-liked earns 3 factors per greenback on as much as $150,000 in spending every account anniversary 12 months on journey, delivery purchases, web, cable and telephone providers and promoting purchases with social media websites and search engines like google. For extra data, learn our full overview of the Ink Enterprise Most well-liked.
• In the event you spend greater than $25,000 in mixed purchases per 12 months: Chances are you’ll need to think about the Financial institution of America® Enterprise Benefit Personalized Money Rewards Mastercard® bank card. It presents comparable spending classes to the Ink Enterprise Money and carries no annual price. For extra data, learn our full overview of the Financial institution of America Enterprise Benefit Personalized Money Rewards.
• In the event you’re in search of flat-rate money again for your enterprise spending: The Capital One Spark Money Plus earns a vast 2% money again on each buy with out bonus classes to recollect and maximize. It is a simple technique to rack up cash-back rewards if your enterprise spends outdoors of the standard bonus classes provided by enterprise cash-back playing cards. For extra data, learn our full overview of the Capital One Spark Money Plus.

For extra choices, try our full record of the finest enterprise bank cards.

Learn extra: Easy methods to get a enterprise bank card

The mix of simplicity and the potential for redemptions make the Ink Enterprise Money Card a good selection in case you’re in search of cash-back rewards or the power to transform money again to transferable journey rewards. In the event you regularly store at workplace provide shops or pay web, cable or telephone utilities by bank card, including the Ink Enterprise Money Card to your pockets may elevate your earnings on these bills with out requiring you to pay an extra annual price.

Apply right here: Ink Enterprise Money Credit score Card