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 gasoline stations. 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 for those who switch them to a card that earns Chase Final Rewards factors. Card Ranking*: ⭐⭐⭐⭐

*Card score relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

If your small business would not have vital journey prices, chances are you’ll not see the worth in having a journey rewards card. However the Chase Ink Enterprise Money Card affords 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 easy. Nevertheless, extra profitable redemption choices can be found for those who pair it with a card that earns Final Rewards factors.

Let’s take a better have a look at the Ink Enterprise Money Credit score Card so you possibly can determine if it is a good match for your small business.

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 a further $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.

Moreover, when you’ve got a Chase enterprise checking account in your first card anniversary, you may earn a one-time 10% bonus of all eligible money again earned in your first 12 months for those who open your card by November 2024.

You’ll be able to flip the cash-back bonus into Final Rewards factors for those who 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. Based on TPG’s valuations, 75,000 Final Rewards factors are value $1,538.

Each day Publication

Reward your inbox with the TPG Each day publication

Be a part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists

Associated studying: Why do Chase and TPG record totally different values for Final Rewards factors?

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

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

While you buy eligible objects with the Ink Enterprise Money Card, these purchases might be coated by buy safety and prolonged guarantee safety. Buy safety covers your new purchases for 120 days in opposition to harm 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 a further 12 months on eligible warranties of three years or much less. These protections can save your small business some critical money.

While you lease a automobile, you might be coated by the Ink Enterprise Money Card’s auto rental collision harm waiver while you decline the rental firm’s collision insurance coverage and cost your complete 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 harm for many leases within the U.S. and overseas.

Whether or not you are at residence or overseas, you possibly can name the Advantages Administrator for authorized and medical referrals in addition to different journey and emergency help. Brokers can present steerage 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-liability safety, which suggests you will not be held liable for unauthorized prices made along with your card or account data. Chase will assist safeguard your account utilizing real-time fraud monitoring.

Associated studying: 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 gasoline stations and eating places every account anniversary 12 months. You will 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 when you’ve got a card that earns Chase Final Rewards factors. Then you possibly can 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 values Final Rewards factors at 2.05 cents every, that is a ~10% return on spending in these classes.

Associated studying: Chase Ink Enterprise playing cards showdown: Money vs. Limitless vs. Most well-liked

Simply because the Chase Ink Enterprise Money Card is a cash-back card doesn’t suggest you do not have choices for redeeming your rewards. Should you redeem for money, you possibly can obtain your cash as an account assertion credit score or by an digital deposit into an eligible U.S. checking or financial savings account.

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

You probably 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 a further redemption choice: You’ll be able to 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 possibly can switch them to airline and lodge journey companions or ebook journey instantly by the Chase portal at a greater charge.

TPG managing editor for bank cards Matt Moffitt converts the cashback 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 lodge redemptions.

Associated studying: Find out how to maximize your Chase Final Rewards factors

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

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

Learn extra: Find out how to get a enterprise bank card

The mixture of simplicity and the potential for redemptions make the Ink Enterprise Money Card a sensible choice for those who’re searching for cash-back rewards or the power to transform money again to transferrable journey rewards. Should you often 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 a further annual price.

Apply right here: Ink Enterprise Money Credit score Card