Ink Business Cash — Earn $1,000, No Annual Fee (Best EVER Offer)

If you use the internet, have a mobile phone, and visit restaurants, there are a thousand reasons you should be interested in reading this post. (Regularly visit gas stations? Even more reason!)

The $0 annual fee Ink Business Cash Credit Card® is running an insane promotional offer: earn $1,000 bonus cash back (awarded as 100,000 Chase points) after you spend $8,000 on purchases within four (4) months of being approved for the card. That’s the Ink Cash’s biggest ever offer.
Learn here how to apply for Chase's Ink Business Cash® Credit Card

All information about the Ink Cash was independently gathered by Eye of the Flyer. It was neither provided by nor reviewed by Chase.

But, But, But…

Let’s get the pearl-clutching out of the way now.

Yes, the amazing Ink Business Cash® Credit Card is a small business credit card.

There’s a chance you already “are” or have a business. Even if it’s just a small side hustle. As we’ve written before, “selling stuff on eBay” is the classic example. But consulting, babysitting, self-publishing books, and all sorts of stuff may be considered businesses. Ask a tax professional. (And is it just me or is, like, everyone except doing real estate as a side hustle?!)

5X Categories Galore: Cell Phones, Internet, Lyft, Cable, and More!

The Ink Business Cash® Credit Card is a points-earning machine.

Earn 5% cash back (5X Chase points) on the first $25,000 spent in combined purchases each account anniversary year:

• on phone services
• on internet services
• on cable services
• at office supply stores

If your cell phone bill is $50, you’d earn 250 points paying with an Ink Cash.

After you hit the $25,000 spending cap, those earnings drop to 1X.

Keep in mind office supply stores — such as Office Depot/Office Max and Staples — usually sell gift cards.

That’s a great way to earn 5X back by buying gift cards for yourself and/or others.

One more 5X worth knowing: the Ink Cash also earns 5% cash back (5X Chase points) on Lyft rides through September 30, 2027 — and that one sits outside the $25,000 cap on the office supply/internet/cable/phone bucket.

2X on Gas and Restaurants — and 1X on Everything Else

After the headline categories, the Ink Cash keeps earning:

• 2% cash back (2X Chase points) at gas stations and restaurants, on the first $25,000 in combined spending each anniversary year
• 1% cash back (1X Chase points) on everything else, no cap

Fill up once a week at $60 a tank and that’s roughly $3,100 a year in gas — about 6,200 points without thinking about it. Add work lunches and client dinners and the 2X category earns its keep fast.

What $8,000 Actually Earns You

Numbers make this concrete. Here’s a realistic way a small operation might spread $8,000 across four months — $2,000 a month — and what it earns along the way. (Your mix will differ; this is just to show the shape of it.)

Let’s say over those four months you put:

• $320 on your cell phone bill ($80/mo) — 5X
• $360 on internet ($90/mo) — 5X
• $600 on office supplies (ink, paper, shipping materials) — 5X
• $200 on Lyft — 5X (through 9/30/27)
• $800 on gas ($200/mo) — 2X
• $600 on dining (client lunches, work meals) — 2X
• $5,120 on everything else (inventory, software, ads, contractors) — 1X

That’s an $8,000 example. Here’s what it earns in points:

• 5X categories ($1,280): 6,400 points
• Lyft ($200): 1,000 points
• 2X categories ($1,400): 2,800 points
• 1X ($5,120): 5,120 points

Category earnings: 15,320 points.

Now add the welcome bonus — 100,000 points for clearing the $8,000 — and you land at 115,320 Chase points.

At one cent each (straight cash back), that’s $1,153 for four months of spending you were largely going to do anyway. Pair the card with a Sapphire Reserve and run those points through Points Boost or transfer partners at up to two cents each, and the same haul is worth around $2,300 in travel. At least. Transfer those to a partner and you might make out even better.

One honest note: the 15,000-ish points you earn hitting the spend is almost a rounding error next to the 100,000-point bonus. The bonus is the whole game here — the category multipliers are what keep the card useful in month five and beyond, once the bonus is banked.

What Kind of Points Does the Ink Cash Earn?

Here’s the part the “cash back” name undersells. The Ink Cash advertises in percentages, but it actually earns Chase points — the same flexible currency as the Chase Sapphire Reserve® and Ink Business Preferred.

On its own, the Ink Cash redeems those points at one cent each — cash back, gift cards, or travel through Chase Travel. That makes the 100,000-point welcome offer a clean $1,000.

But if you also carry a premium Chase card, the math changes. Pool your Ink Cash points onto a Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred, and you can:

• transfer them 1:1 to Chase’s airline and hotel partners — United, Southwest, World of Hyatt, Air France/KLM, and more
• or redeem through Points Boost on the Reserve for up to two cents each on select travel

At two cents apiece, that same 100,000-point bonus is worth $2,000 in travel. The Ink Cash doesn’t unlock transfer partners on its own — but it earns points, and a single premium card in your wallet turns them loose.

A Few More Reasons to Like It

• $0 annual fee — no math to justify here. There’s no fee.
• Free employee cards — and their spending earns into the same pool, which is how plenty of people hit $8,000 faster than they expected
• 0% intro APR on purchases for 12 months from account opening (a variable APR applies after) — handy if you’re financing a real business expense
• Complimentary three-month Instacart+ membership
• Purchase protection and extended warranty coverage — the quiet stuff you forget about until you need it

Ink Cash or Ink Unlimited?

Worth a heads-up: the Ink Cash’s fraternal twin, the Ink Business Unlimited® Credit Card, is running the same $1,000 offer right now — also no annual fee. The difference is how they earn.

The Ink Cash rewards specific spending: 5X on office supply/internet/cable/phone, 2X on gas and dining. The Ink Unlimited skips the categories and pays a flat 1.5X on everything.

So the honest split: if a real chunk of your spending lands in those 5X buckets — and for a lot of small businesses, phone and internet alone get you most of the way — the Ink Cash wins. If your spending is scattered across categories that don’t bonus, the flat 1.5X Unlimited is the simpler, often higher-earning pick. (And nothing stops you from picking up both over time. The points pool together.)

Final Approach

This is the biggest welcome offer the Ink Cash has ever run — $1,000, 100,000 Chase points, no annual fee. For most points collectors who can put $8,000 of real spending on the card over four months, it’s about as close to a no-brainer as a credit card gets.

Two honest caveats first. One: $8,000 in four months is $2,000 a month — don’t create spending you wouldn’t otherwise have just to chase the bonus.

Next, the usual Chase “stuff.” Chase business cards like the Ink Cash generally don’t report to your personal credit, so they don’t add to your 5/24 count — but Chase still usually won’t approve you if you’re already over 5/24. If you’ve opened five or more cards from any card issuer during the past two years, check that before you apply.

Clear both of those and this is the rare offer worth moving on while it’s here. There’s no announced end date, but Chase’s last limited-time run on this card lasted about two months.