Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.
Update: One or more card offers in this post are no longer available. Check our Hot Deals for the latest offers.
Usually, the sign-up bonus is $200 or 20,000 Chase Ultimate Rewards points. So now is a great time to get this card, especially because it has NO annual fee!
30,000 Chase Ultimate Rewards points can be worth $375 when you buy flights or hotels through the Chase Travel portal. I’ll explain!
Keep reading to find out how you can get cash or combine the points with another popular Chase card to Get Big Travel with Small Money!
What’s the Deal?
Link: Hot Deals
The Chase Ink Cash earns cash back in the form of Chase Ultimate Rewards points, which are worth 1 cent each. You can redeem them as a statement credit or direct deposit.
Or, they’re worth 1.25 cents each when you use them to buy flights and hotels through the Chase Ultimate Rewards travel portal. But only if you also have the Chase Sapphire Preferred, Chase Sapphire Reserve, Chase Ink Plus, or Chase Ink Bold (no longer available).
So you can combine your points and use them through the Chase travel portal for more value! You’d get $375 worth of travel from the 30,000 point sign-up bonus (30,000 points x 1.25 cents per point).
With this card, you’ll get:
- 30,000 points ($300 cash back) after you spend $3,000 in the 1st 3 months
- 5 points per $1 you spend (5% cash back) on the 1st $25,000 (combined) spent per year at office supply stores and on cell phone, landline, internet, and cable TV services
- 2 points per $1 you spend (2% cash back) on the 1st $25,000 spent per year at restaurants and gas stations combined
- Primary auto rental insurance (CDW) when renting for business purposes, plus purchase and extended warranty protection
- NO annual fee
However, the Chase Ink Cash has a 3% foreign transaction fee, so it’s not a good card to use when you travel abroad.
But I Don’t Have a Big Business!
Like the Chase Ink Plus, the Chase Ink Cash is a business card. And you might qualify for a business card even if you don’t realize it!
Do you sell items online or at flea markets and yard sales? Or maybe you help folks with home repair, do freelance design or photography, or write articles for your local paper? Even if you’ve just opened a business, you could be eligible.
An you’re NOT required to have a business EIN (Employer Identification Number) to qualify for the card. You can apply as a sole proprietor using your Social Security Number.
If you already have the Chase Ink Plus, you can still get the Chase Ink Cash for the same business or a different one. Although, it can be difficult to get both on the same day unless it’s for a different business. That said, Chase makes the decision!
So even if you have the Chase Ink Plus, the Chase Ink Cash might be helpful if you’ll go over your 5X bonus category limits on the Chase Ink Plus. Or if you want a business card that offers 2X points on restaurants.
Note: If you’ve had the Chase Ink Cash in the past, you can earn the bonus again, as long as it’s been at least 24 months since you last received the bonus.
Cash Back or Big Travel?
Some folks prefer cash back, but I like cards that earn miles and points for Big Travel.
The good news is, you can have it both ways with the Chase Ink Cash!
If you also have a Chase Ink Plus, Chase Ink Bold (no longer available), or Chase Sapphire Preferred card, you can transfer Chase Ultimate Rewards points to airline and hotel partners like British Airways, Hyatt, and United Airlines!
If you have 1 of the previously mentioned cards, you could get much more than $300 worth of travel from the 30,000 Chase Ultimate Reward points Chase Ink Cash sign-up bonus.
For example, 30,000 Chase Ultimate Rewards points is enough for:
- A 1-way coach ticket to Europe on United Airlines
- A night at a top-tier Hyatt, like the Park Hyatt Maldives Hadahaa
- A round-trip coach ticket between Boston and Ireland on Aer Lingus, using British Airways Avios points (with 5,000 points left over!)
That’s an excellent deal for a card with NO annual fee!
Folks without a Sapphire Preferred, Ink Plus, or Ink Bold could save the points they earn with the Ink Cash (they never expire), then after they’re approved for 1 of those cards in the future, combine all the Chase Ultimate Rewards points for award flights and hotels!
The sign-up bonus for the Chase Ink Cash has been increased to $300 cash back or 30,000 Chase Ultimate Rewards points after you spend $3,000 on purchases in the 1st 3 months of opening your account.
$300 cash back is a great deal for a no-annual-fee card. Or use 30,000 Chase Ultimate Rewards points to book $375 worth of flights through the Chase Travel portal and earn airline miles.
But folks who also have the Chase Ink Plus, Chase Ink Bold (no longer available), or Chase Sapphire Preferred cards can transfer points from the Chase Ink Cash to airline and hotel partners!
And that could be worth much more than $300 cash back!