Chase Ink Enterprise Money Bank card assessment: Full particulars

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Ink Enterprise Money Credit score Card overview

Chase’s Ink Enterprise Money® Credit score Card gives a wholesome 5% money again on workplace provides and choose utilities, in addition to 2% money again at eating places and gasoline 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’ll 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 ranking relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

If your corporation would not have important journey prices, you could 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 really helpful 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. Nonetheless, 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 take a look at the Ink Enterprise Money Credit score Card so you possibly can determine if it is a good match for your corporation.

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

Ink Enterprise Money execs and cons

Execs	Cons
No annual price Bonus money again at workplace provide shops and on web, cable and telephone providers Precious transferable rewards	Restricted advantages in comparison with a extra premium Ink Enterprise card Requires one other Chase card to maximise worth

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 a further $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’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. In keeping with TPG’s January 2025 valuations, 75,000 Final Rewards factors are price $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 provides modest advantages and perks.

One of many card’s greatest perks for a lot of small-business homeowners is which you could request playing cards for workers at no further 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 gadgets 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 towards 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 yr on eligible warranties of three years or much less. These protections can save your corporation some critical money.

While you hire a automotive, you might be coated by the Ink Enterprise Money Card’s auto rental collision harm waiver whenever you decline the rental firm’s collision insurance coverage and cost the complete rental price to your card. Protection is major when renting for enterprise functions and gives 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 dwelling or overseas, you possibly can name the Profit Administrator for authorized and medical referrals in addition to different journey and emergency help. Brokers can present steerage and knowledge when wanted, however you will be chargeable for the price of any providers you acquire.

Lastly, the Chase Ink Enterprise Money Card options zero legal responsibility safety, which suggests you will not be held chargeable for unauthorized fees made along 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

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 telephone providers. Plus, you will earn 2% money again on the primary $25,000 you make in mixed purchases at gasoline stations and eating places every account anniversary yr. You will 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, probably the greatest 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 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’s January 2025 valuations deem Final Rewards factors as price 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. If you happen to redeem for money, you possibly can obtain your cash as an account assertion credit score or by means of an digital deposit into an eligible U.S. checking or financial savings account.

Different choices, corresponding 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: The right way to maximize your Chase Final Rewards factors

Transferring rewards on the Ink Enterprise Money

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 possibility: 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 resort journey companions or guide journey immediately by means of 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: The right way to guide journey (and save factors) with Chase Journey

Which playing cards compete with the Ink Enterprise Money?

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

If you happen to are inclined to spend extra on journey, transport and promoting: The Ink Enterprise Most well-liked Credit score Card works nicely 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 yr on journey, transport purchases, web, cable and telephone providers and promoting purchases with social media websites and engines like google. For extra data, learn our full assessment of the Ink Enterprise Most well-liked.
If you happen to spend greater than $25,000 in mixed purchases per yr: You might wish to take into account the Financial institution of America® Enterprise Benefit Personalized Money Rewards Mastercard® bank card. It affords comparable spending classes to the Ink Enterprise Money and carries no annual price. For extra data, learn our full assessment of the Financial institution of America Enterprise Benefit Personalized Money Rewards.
If you happen to’re on the lookout for flat-rate money again for your corporation spending: The Capital One Spark Money Plus earns a limiteless 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 corporation spends exterior of the standard bonus classes supplied by enterprise cash-back playing cards. For extra data, learn our full assessment of the Capital One Spark Money Plus.

For extra choices, take a look at our full listing of the perfect enterprise bank cards.

Learn extra: The right way to get a enterprise bank card

Is the Ink Enterprise Money price it?

The Ink Enterprise Money is greatest suited to small-business homeowners who spend lower than $25,000 per yr in mixed purchases. With strong, easy advantages and no annual price, it is a good choose for enterprise homeowners who need a cash-back increase for his or her purchases, particularly at workplace provide shops and on web, cable and telephone providers.