Chase Ink Enterprise Money Bank card evaluate: Full particulars

Ink Enterprise Money Credit score Card overview

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 yr. Given these classes, it is a strong no-annual-fee small-business bank card. And you may greater than double the worth of your rewards in the event you switch them to a card that earns Chase Final Rewards factors. Card Score*: ⭐⭐⭐⭐

*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 provides beneficiant returns on a broad spectrum of workplace bills like provides, web, cable and cellphone companies whereas charging no annual payment 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 in the event 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 determine if it is a good match for your enterprise.

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

Ink Enterprise Money professionals and cons

Ink Enterprise Money welcome supply

The Ink Enterprise Money Card has a profitable supply 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 supply for this card’s historical past, tweaked a bit so it is simpler to get the primary chunk of its cash-back rewards.

You possibly can flip the cash-back bonus into Final Rewards factors in the event 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. Based on 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

Ink Enterprise Money advantages

The 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 homeowners is which you can request playing cards for workers at no extra price. You may earn rewards for his or her spending, and you’ll even set particular person worker spending limits for higher management.

Whenever you buy eligible objects with the Ink Enterprise Money Card, these purchases shall be lined by buy safety and prolonged guarantee safety. Buy safety covers your new purchases for 120 days towards 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 yr on eligible warranties of three years or much less. These protections can save your enterprise some critical money.

Whenever you hire a automotive, you will be lined by the Ink Enterprise Money Card’s auto rental collision injury waiver once 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 automobile for theft and collision injury for many leases within the U.S. and overseas.

Whether or not you are at residence 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 will be accountable for the price of any companies you get hold of.

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

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

Incomes rewards on the Ink Enterprise Money

With the Chase Ink Enterprise Money Card, you will earn 5% money again on the primary $25,000 you make in mixed purchases every account anniversary yr at workplace provide shops and on web, cable and cellphone companies. Plus, you will earn 2% money again on the primary $25,000 you make in mixed purchases at fuel stations and eating places every account anniversary yr. You may additionally earn 1% money again on all different purchases, together with on spending over $25,000 every account anniversary yr 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’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 cellphone companies. 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?

Redeeming rewards on the Ink Enterprise Money

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. In the event you redeem for money, you’ll be able to 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, akin to present 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 typically do not advocate redeeming your rewards for these lower-value choices.

Associated: Tips on how to maximize your Chase Final Rewards factors

Transferring rewards on the Ink Enterprise Money

When you’ve got 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 possibly can 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 by Chase Journey℠ at a greater charge.

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: Tips on how to e-book journey (and save factors) with Chase Journey

Which playing cards compete with the Ink Enterprise Money?

The Ink Enterprise Money Card is a superb selection 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 payment, the Ink Enterprise Most well-liked earns 3 factors per greenback on as much as $150,000 in spending every account anniversary yr on journey, delivery purchases, web, cable and cellphone companies and promoting purchases with social media websites and serps. For extra info, learn our full evaluate of the Ink Enterprise Most well-liked.
• In the event you spend greater than $25,000 in mixed purchases per yr: It’s possible you’ll wish to think about the Financial institution of America® Enterprise Benefit Personalized Money Rewards Mastercard® bank card. It provides comparable spending classes to the Ink Enterprise Money and carries no annual payment. For extra info, learn our full evaluate of the Financial institution of America Enterprise Benefit Personalized Money Rewards.
• In the event you’re on the lookout for flat-rate money again for your enterprise spending: The Capital One Spark Money Plus earns an infinite 2% money again on each buy with out bonus classes to recollect and maximize. It is a straightforward technique to rack up cash-back rewards if your enterprise spends outdoors of the standard bonus classes supplied by enterprise cash-back playing cards. For extra info, learn our full evaluate of the Capital One Spark Money Plus.

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

Learn extra: Tips on how to get a enterprise bank card

Is the Ink Enterprise Money value it?

The Ink Enterprise Money is finest suited to small-business homeowners who spend lower than $25,000 per yr in mixed purchases. With strong, easy advantages and no annual payment, it is a sensible decide for enterprise homeowners who desire a cash-back enhance for his or her purchases, particularly at workplace provide shops and on web, cable and cellphone companies.

Backside line

The mix of simplicity and the potential for redemptions make the Ink Enterprise Money Card a sensible choice in the event you’re on the lookout for cash-back rewards or the power to transform money again to transferable journey rewards. In the event you often store at workplace provide shops or pay web, cable or cellphone 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 payment.

Apply right here: Ink Enterprise Money Credit score Card