Ink Business Cash® Credit Card — 5X on Phone Bills, $0 Annual Fee

Do you have a cell phone? If the answer is yes — and it is — the Ink Business Cash® Credit Card is quietly one of the best no-annual-fee business cards Chase offers. Five percent cash back on phone services, office supplies, internet, and cable adds up faster than most people realize. The category structure takes five minutes to understand and pays dividends for years.

Learn here how to apply for Chase's Ink Business Cash® Credit Card

(All information about the Ink Business Cash® Credit Card was collected independently by Eye of the Flyer. It was neither provided nor reviewed by the card issuer.)

Current Welcome Offer: $1,000 bonus cash back (awarded as 100,000 Chase points) after you spend $8,000 on purchases in the first four (4) months after account opening. (Learn here how to apply for Chase's Ink Business Cash® Credit Card.)

Annual Fee: $0

Foreign Transaction Fees: 3% of each transaction in U.S. dollars

Table of Contents

• Cash Back Earnings
• Partner Benefits & Perks
• Purchase & Travel Protections
• Redeeming Your Cash Back
• Flight Plan

Cash Back Earnings

The Ink Business Cash® earns at tiered rates built around common business expenses — with 5X on office supplies and telecom services as the headline. The $25,000 annual cap on each bonus tier sounds limiting until you do the math: maxing the 5X category alone is worth $1,250 in cash back per year, on a card with no annual fee.

* The 5X and 2X rates apply to the first $25,000 in combined purchases within each respective tier per account anniversary year. Spending above those caps earns 1X.

What kind of points does the Ink Business Cash® earn? Ultimate Rewards points, which redeem as cash back at one cent per point — or become significantly more valuable when pooled with a card that unlocks transfer partners. Redeem for cash back, travel through Chase Travel℠, gift cards, or shop with points at Amazon and PayPal. No minimum redemption required.

Partner Benefits & Perks

Lyft — 5X Through September 2027

Earn 5% cash back on Lyft rides through September 30, 2027. Matches the 5X rate on telecom and office supplies — and doesn’t count toward those caps.

Instacart+ Membership & Monthly Credit

Cardmembers receive a complimentary 3-month Instacart+ membership (auto-renews at $99/year after the complimentary period — cancel before if you don’t want it). Once activated, Instacart+ members receive a $20 monthly credit automatically loaded to their Instacart Business Account. Benefit runs through December 31, 2027. Enrollment required.

0% Intro APR on Purchases

New cardmembers get 0% intro APR for 12 months from account opening on purchases. After that, a variable APR of 16.74%–24.74% applies. Useful if you’re financing equipment or office supplies through the card.

Employee Cards at No Additional Cost

Add employee cards at no cost and set individual spending limits. All employee purchases earn cash back for your business, with 24/7 purchase alerts and up to 24 months of statement history.

Purchase & Travel Protections

The Ink Cash shares the same core protection package as the Ink Unlimited — solid for a no-fee card, though it doesn’t have the deeper trip cancellation and delay coverage of the Ink Preferred.

• Auto Rental Coverage — Primary coverage when renting for business purposes, up to $60,000 for theft and collision damage on most vehicles with an MSRP of $125,000 or less. Decline the rental company’s collision insurance and charge the full rental to the card.
• Purchase Protection — Covers eligible new purchases against damage or theft for 120 days from the date of purchase, up to $10,000 per item. (New York residents: 90 days.)
• Extended Warranty Protection — Extends the U.S. manufacturer’s warranty by one additional year on eligible warranties of three years or less.
• Roadside Assistance — Dispatch available for towing, jumpstarts, tire changes, locksmith service, and gas delivery. Service fees billed to your card at time of dispatch.
• Travel and Emergency Assistance — Legal and medical referrals plus access to other travel and emergency assistance services when you’re away from home. (You’re responsible for the cost of any goods or services obtained.)
• Fraud Protection — Zero Liability Protection means you won’t be held responsible for unauthorized charges. Chase monitors for fraud 24/7 with text, email, or call alerts for unusual purchases.

Verify coverage details and exclusions in the card’s Guide to Benefits, provided after account opening.

Redeeming Your Cash Back

Ultimate Rewards points earned on the Ink Cash redeem at one cent per point for cash back. Options include:

• Statement credit or direct deposit — Cash back applied directly to your account or deposited to an eligible checking account.
• Chase Travel℠ — Book flights, hotels, car rentals, and more through Chase’s travel portal.
• Gift cards — 175+ brands, including Apple® products.
• Shop with points — Use points at Amazon.com checkout or with PayPal.

No minimum redemption required — your cash back is available whenever you want it. And as noted above, pooling your Ink Cash points into an Ink Preferred or Sapphire Reserve account unlocks full transfer partner access.

Flight Plan

The 5X on phone services is the quiet workhorse of this card. Most businesses have a phone bill. Many have multiple lines. Internet and cable services stack into the same $25,000 cap. If you’re spending $300 a month on telecom alone, that’s 18,000 points per year at 5X — from one recurring charge you were paying anyway, on a card that costs nothing to hold.

The office supply store category deserves more credit than it gets. Staples and Office Depot sell gift cards. That’s an avenue worth knowing about.

The honest limitations: the 1X floor on non-bonused spend is where the Ink Unlimited pulls ahead as a companion card. The two are designed to work together — Ink Cash handles the bonus categories, Ink Unlimited picks up everything else at 1.5X. Separately useful; together, they cover most business spend at above-average rates with a combined $0 in annual fees.

Apply if:

• You have meaningful monthly spend on phone services, internet, cable, or office supplies — that 5X adds up fast
• You already hold (or plan to hold) an Ink Business Preferred® or Chase Sapphire Reserve® — pooling points unlocks transfer partner value
• You want to pair it with the Ink Business Unlimited® for a combined $0-fee stack that covers both bonus categories and catch-all spend
• You use Lyft for business travel and want the 5X rate through 2027

Think twice if:

• Your bonus category spend is low — at 1X on everything else, the Ink Unlimited is the better single-card option if your telecom and office supply bills are minimal
• You travel internationally — the 3% foreign transaction fee rules this card out for overseas purchases
• You don’t hold another Chase card — the points earn more when they have somewhere to go

Learn here how to apply for Chase's Ink Business Cash® Credit Card