This is big.
The Ink Business Cash® Card isn’t just sitting at the top of its shelf anymore. It’s broken through the ceiling. A limited-time welcome offer is currently live, offering 100,002 points after you spend $8,000 in four months.
Best we’ve seen. Ever.
And there is no annual fee attached. Which makes it harder to argue against. It won’t stick around. Probably won’t. The previous best was 75,002 points. Before that, you’d get lucky if you hit 90K. Now the floor has become the ceiling of the past.
“It’s anyone’s guess how long this sticks around.”
What are the points worth?
The bank calls it a “$1,000 cash bonus.” That’s the marketing spin. The reality is 100,02 Ultimate Rewards points.
If you just redeem them for a statement credit? Yeah. It’s $1,02.
But that’s boring. And inefficient.
If you hold another Chase card that earns Ultimate Rewards, like the Sapphire Reserve for Business, these points become flexible currency. They transfer to airline and hotel partners at 1:1. I value those points at 1.7 cents apiece. Suddenly, that bonus is worth $1,702. A 70% uplift for doing absolutely nothing but having the right companion card.
Does it make sense to ignore that extra value? No. Not really.
The Eligibility Trap
Who gets the money? Not everyone.
There’s a rule. A specific Chase rule. The bonus might not be available if you’ve ever had the Ink Cash card. Or another Chase business card without an annannual fee. The Ink Unlimited®, for example. They’re mutually exclusive. If you burned that one previously, the Ink Cash bonus likely won’t trigger.
The fine print uses the word “may.”
“It may not be available.”
It doesn’t say “won’t.” Vague. Dangerous? Maybe. But there’s a safeguard. You can apply. Check the status. If a pop-up tells you the bonus is gone, stop. Do not proceed. No hard pull. No damage done. Just a soft check.
Have an Ink Preferred or Sapphire Reserve Business? Good. You’re fine. Annual fee cards don’t count toward this restriction. You can be a sole proprietor, a corporation, whatever. If you don’t have an EIN, use your Social Security number. Chase accepts it for single-owner businesses.
There’s also the 5/24 Rule. Opened five cards in the last two years? Chase might reject you outright. Though the data suggests they’re enforcing this loosely on business cards. Still, don’t spam them. Space your applications out. One a month. Be smart about it.
Why keep it?
The bonus is a nice handshake. But you’re keeping this card because of what it does day to day.
It has no fee. Zero opportunity cost to carrying it in your wallet while it works for you.
Look at the categories.
– 5x points on office supplies, internet, cable, phone. That cap is generous: the first $25k in purchases.
– 2x points at gas stations and restaurants. Another $25k cap.
Office supply stores are where business spending leaks away. Get 5x back and it’s a windfall. Gas and dining are just… life.
Then there’s the insurance.
Primary rental car coverage. On a card that costs $25 to maintain. It’s rare. Usually, you only find that on the expensive cards. It means if you rent a car in Europe, you don’t have to buy the insurance at the counter. You skip it. Let the card cover you. It saves cash. Instantly.
Primary rental coverage is incredibly rare on a no-fee card.
You stack it. You put it in the pile. You build a portfolio where every transaction is optimized. This card takes the office and gas hits. Other cards take the travel or software. Together, they pay off.
Bottom Line
100K points. No fee. Strong category bonuses.
The Ink Cash is a utility knife in a drawer of Swiss Army knives. It doesn’t try to be everything. It tries to be this specific thing well. Right now, with that bonus, it’s shouting rather than whispering.
It’ll expire. The offer will shrink. The 90k or 75k will become the “amazing” number again. But today, while it’s still here… it’s the easiest win on the market.
The question isn’t really if the card is good.
The question is, have you spent too many points chasing smaller rewards lately?
Because this is a reset. A hard, clean break from the mediocre.
Go get it. Or don’t. The points are waiting either way. But they’re moving. Slowly. Away from you.
