Chase Ink Cash Sign Up Offer!

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The Chase Ink Cash card is the no annual fee version of the Chase Ink Plus card where you’ll earn 20,000 bonus points after you spend $3,000 within the first three months.

  • Chase Ink Cash – 20,000 bonus points after you spend $3,000 in the first 3 months; no annual fee

With this card you’ll earn 20,000 Chase Ultimate Reward points, however, you will not be able to directly transfer them to a partner loyalty program. Chase has two levels of Ultimate Reward points – basic and enhanced, and points earned from this card fall into the basic category since the card comes with no annual fee. With this card you have two options to redeem your points:

  • Request cash back where 1 Ultimate Reward point equals 1 penny. That means that the 20,000 bonus points earned is a fixed $200 cash back.
  • Transfer your points to an enhanced account and then transfer the points to a partner loyalty program. Chase allows you to freely transfer points from one account to another even if they are different types of points earned (basic vs. enhanced). That means you can transfer the points earned from your Chase Ink Cash account to your Chase Ink Plus, Chase Ink Bold, or Chase Sapphire Preferred. Chase also allows you to transfer points to a spouses account for free.

If you redeem your points with option #2, your points can then easily be worth about 2 cents per point where I’d value the 20,000 bonus points earned at about $400 towards travel. As I’ve mentioned in prior posts, the Chase Ultimate Rewards program is of my favorite currencies due to the flexibility. Being able to have the choice of cash back vs. transferring to a loyalty program (assuming you are eligible) is great! For those new with this loyalty program, you the partner transfer programs include:

  • United
  • British Airways
  • Korean Airways
  • Southwest
  • Virgin Atlantic
  • Singapore Airlines
  • Hyatt
  • InterContinental Hotels Group
  • Marriott
  • Ritz Carlton
  • Amtrak

What are the other benefits of the Chase Ink Cash card?

With this card you earn a nice number of bonus points with popular spend categories.

  • 5x points per $1 on business expenses up to a maximum of $25,000 spend, which equals 125,000 points (business expenses include: wireless communication services, cable and satellite television and radio services, office supply stores and wholesale distributors of office supplies)
  • 2x points per $1 at gas stations and restaurants up to a maximum of $25,000 spend, which equals 50,000 points
  • 1x points per $1 on all other purchases – no limit on points you can earn

What is the major difference between the Chase Ink Cash and Chase Ink Plus?

While both are business cards, there are some major differences. First off, the Chase Ink Cash card has no annual fee EVER, while the Chase Ink Plus has a $95 annual fee. Both cards earn 5x points at office supply stores and cable, tv, cell phone expenses, but the Chase Ink Plus gives 2x points at gas stations and hotels whereas the Chase Ink Cash gives 2x points at gas stations and restaurants. If you spend a lot at hotels or eating out, that might help decide which card is best. Also, the maximum number of points earned differs, but the spend is so high that the average person will not even come close to hitting the threshold.

Really, there is no reason for a household to hold onto more than one Chase Ultimate Reward earning card that comes with an annual fee. If you are already holding onto a Chase Ink Plus or Chase Ink Bold and a Chase Sapphire Preferred, you might want to re-think your strategy and possibly replace the Plus or Bold with the Cash. This will reduce the amount of money you are spending on your annual fee and still get you most of the same benefits.

Some quick FAQs about applying:

  • If you recently applied for this card in the past 103 days, send a secure message on your account and request for a match in the offer.
  • While this is a business card, you can use your personal Social Security number on your application. You can apply as a sole proprietorship.
  • There is no set cap on the number of Chase cards you can apply for.

And here is a blog series describing the Chase Ultimate Rewards program in general:

Key Links: 

Disclosure: This link contains affiliate links for the Chase Ink Cash credit card. As always, thanks for supporting the blog and enjoy traveling on a deal!

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