The Chase Ink Business Cash card is our favorite business credit card for people who don’t want to pay an annual fee. In fact, Ink Business Cash is so good that it tops our list of the best business credit cards. That’s largely thanks to its excellent rewards program. Ink Business Cash earns (you guessed it) cash rewards―and it does so at excellent rates. You can get up to 5% cash back, which is by the far the highest rate we’ve seen on a credit card without an annual fee.
Now, to be clear, you won’t get 5% cash back on all your purchases. That rate applies to your first $25,000 you spend on internet, phone, cable, and office supplies in a year. But you still earn a very good 2% rate on your first $25,000 in gas station and restaurant spending. For everything else, you get a 1% flat rate.
So the Ink Business Cash has lots of earning potential (especially when you consider the $750 welcome bonus when you spend $7,500 in your first three months). But beyond rewards, this card also has competitive fees (like $0 employee cards), fair interest rates, and good deals for new cardmembers (like a 12-month 0% introductory APR).
With all that said, you may not want Ink Business Cash if you’d rather earn rewards points or miles than cash. Likewise, if you don’t plan to put your internet or phone bills on your credit card, the Ink Business Cash may not earn you as much as some other cards.
For most business owners, though, Chase’s Ink Business Cash offers unbeatable cash back, low fees, and competitive rates―making it our top business credit card with no annual fee.