Chase Ink Cash Review

The Chase Ink Cash has HUGE earning potential as part of a Chase Ultimate Rewards strategy. The card can earn up to 10% back in certain categories. And, it has no annual fee.

The Chase Ink Cash is a small business card, but don’t be scared off too by that too quickly. If you sell on eBay or Etsy, sell essential oils, have a rental house, run a website like this one, or have another kind of small side business, you’re likely to qualify as a business and be eligible for this card.


Sign Up Bonus (Grade: A)

The Chase Ink Cash comes with 50,000 Chase Ultimate Rewards when you spend $3,000 in the first three months on the card. This equals $500 if you redeem the points for cash (1 cent per point). This is well above average for a card with no annual fee.

Double the Value – Chase Ultimate Rewards can be transferred to eleven travel partners if you or a spouse also carry one of the cards in this lineup with an annual fee. The most likely would be the Sapphire Preferred or Sapphire Reserve. The most valuable transfer partners for Disney vacations are Hyatt (worth 2 cents each) and Southwest Airlines (1.5 cents each). This can make your 50,000 point sign up bonus increase from a value of $500 to as much as $1,000. More on transferring Chase Ultimate Rewards HERE.

Sign Up Bonus 50,000 Chase Ultimate Rewards
Value Per Point 1-2 cents
Value of Sign Up Bonus $500-$1,000

Daily Spending (Grade: A)

The Chase Ink Cash earns five points per dollar spent at office supply stores, landline, internet, and cable TV services. Office supplies are probably more lucrative than you might think. Most office supply stores like Staples and OfficeMax sell gift cards from Disney, grocery stores, restaurants, and more. So, you can actually use this discount to save on many more purchases. We purchase Safeway gift cards at Staples, effectively earning 10% back on our groceries (5 points per dollar x 2 cents each redeemed at Hyatt through our Sapphire Preferred).

You also earn two points per dollar spent at gas stations and restaurants, two more categories that are pretty big for most people.

Category Points per Dollar Spent
Office Supply Stores, Cell Phone, Landline, Internet and Cable TV 5x
Gas and Dining 2x
All Other Spending 1x

Perks (Grade: C+)

Insurance/Warranty Protections – This card comes with several helpful protections. It covers you against theft and damages on purchases in the first 120 days after the purchase. It also extends the warranty on many purchases by an extra year. Finally, when you rent a car for business, you get primary rental car insurance. This allows you to decline the insurance at the counter without that extra doubt.

Redeeming Points (Grade: A-)

With this card alone, you have the options to redeem points for cash. If you or someone in your household has the Chase Sapphire Preferred or Chase Sapphire Reserve the other redemption options will open up.

Cash – You can redeem your points for cash at one cent per point.

Travel (w/ premier card) – You get more for your points when you redeem them for travel through the Chase travel center (online or over the phone). With the Sapphire Preferred, the points are worth 1.25 cents each. With the Sapphire Reserve, the points are worth 1.5 cents each.

Transfer (w/ premier card) – The most lucrative option is transferring Chase Ultimate Rewards to one or more of their 13 travel partners. The best for Disney travel are generally Hyatt, JetBlue, and Southwest, although United and British Airways can be good options as well. Hyatt is probably the most valuable transfer partner at an average value of two cents per point, but having many great options helps you maximize the value because it allows you to choose between several great options.

Overall Grade: A-

Of all the things we’ve discussed in this Chase Ink Cash Review, getting five points per dollar in so many categories and two points per dollar in important categories like gas and dining, are it’s greatest strength. Would I get the Chase Ink Cash as my primary credit card? Probably not. But, using this no annual fee card to complement the Chase Sapphire Preferred is a fantastic option.

Chase Ink Cash

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  • What kind of points: Cash
  • Sign Up Bonus: $300 after spending $3,000 in the first three months
  • Annual Fee: $0
  • How to Earn Points: 5x at office supply stores, cell phone, landline, internet, and cable; 2x at gas stations and dining; 1x on everything else
  • Value of a Point: 1.0 cents
  • How to Spend Points: Redeem for cash or combine with Chase Sapphire Preferred points
  • Our favorite Use: Combine with Chase Sapphire Preferred points and use for stays at Hyatt hotels