The Ink Business Cash Card is currently offering an impressive sign-up bonus of $1,000 (equivalent to 100,000 Ultimate Rewards points) for new cardholders who meet the spending requirements. This is a fantastic opportunity for small business owners to earn substantial rewards without worrying about annual fees.
- Earn $1,000 Bonus: Simply spend $8,000 within the first 4 months of account opening to qualify for this generous bonus.
- 5% Cash Back: Enjoy 5% cash back on up to $25,000 spent annually at office supply stores and on internet, cable, and phone services.
- 2% Cash Back: Receive 2% cash back on up to $25,000 spent annually at gas stations and restaurants.
- 1% Cash Back: Earn 1% cash back on all other purchases with no cap on earnings.
- No Annual Fee: Keep your earnings intact with no annual fee to worry about.
The Ultimate Rewards points you earn can be pooled with other Chase cards, such as the Chase Sapphire Preferred, to maximize their value through excellent transfer options to partners like Hyatt and United Airlines.
Maximize your 5% bonus by using the card for regular expenses like internet and phone bills. For instance, spending $200 monthly on these services can result in $120 cash back annually. Additionally, buying gift cards from office supply stores can help you save on various purchases and meet spending thresholds for bonuses.
Did you know you can apply for a business credit card even if you're not a corporation or LLC? As a sole proprietor, using your legal name and Social Security Number is sufficient. This opens doors for freelancers, consultants, and online sellers to benefit from business credit card rewards.
However, be mindful of Chase's unofficial 5/24 rule, which limits approval if you have 5 or more new credit cards in the last 2 years. This is to prevent excessive sign-up bonus chasing.
Conclusion: The Ink Business Cash Card offers an enticing sign-up bonus and ongoing rewards with no annual fee, making it ideal for businesses with significant expenses in the 5% and 2% categories. Combine it with other Chase cards to enhance your Ultimate Rewards points' value.
Comments
Post a Comment