The best way to maximize your point earnings with the card is to use it for all your business expenses that fall within their respective bonus categories.
With it, you’re going to earn 5% back on up to $25,000 in combined purchases at office supply stores, and on cellular phone, landline, internet, and cable TV services — plus 2% back on up to $25,000 in purchases at gas stations and restaurants.
Hot Tip: You can use your Ink Business Cash card to purchase gift cards at office supply stores. This method can effectively earn you 5% back on airfare if you purchase airline gift cards, dining if you purchase restaurant gift cards, gas if your purchase gas station gift cards, or anything in between. But keep in mind that this category is capped at $25,000 in purchases per account year.
Chase Shopping Portal
One huge advantage of being a Chase cardholder is having access to the Chase shopping portal. Chase has partnered with several brands like Banana Republic, Macy’s, or Samsung to offer anywhere from an extra 2x-20x points per $1 spent.
Adding Additional Ultimate Rewards-Earning Cards
Since the Ink Business Cash card is traditionally a cash-back card, the ways in which you can use your rewards points are limited. However, by combining your Ink Business Cash card with an Ultimate Rewards-earning card, you can unlock huge value for your points. This method can make for a very powerful points-earning combo.
Take the Ink Business Preferred® Credit Card, for example. This card earns 3x Ultimate Rewards points per $1 spent on up to $150,000 in combined purchases on internet, cable, and phone services, as well as shipping expenses, travel, and ad purchases with search engines or social media sites.
With this 2-card combo, here’s an example of how you could allocate all your business spending to maximize your rewards:
- Use the Ink Business Cash Card to receive 5x on the first $25,000 in purchases on internet, cable TV, and phone services, plus with office supply stores
- Use the Ink Business Preferred Credit Card to receive 3x on travel and digital ad purchases, plus 1x on internet, cable TV, and phone services after the $25,000 threshold is met
- Use the Ink Business Cash Card to receive 2x on all gas station and restaurant purchases
Bottom Line: Pairing a cash-back card with an Ultimate Rewards-earning card will give you the best return for your hard-earned points. By affording you the opportunity to use your points with airline and hotel transfer partners, you can receive more value than you would otherwise get redeeming for gift cards or cash-back.
Interested in learning more about Chase’s Ultimate Rewards cards that will allow you to pool your points for huge value? Our favorites include the Ink Business Preferred Credit Card, Chase Sapphire Reserve®, and Chase Sapphire Preferred® Card.
Once you’ve optimized your points earning to ensure you get the best return for every dollar your business spends, you’re going to want to make sure you get the highest value possible out of those points. So which redemption methods offer you the best bang for your buck?
Since the Ink Business Cash Credit Card is technically a cash-back card, the main redemption is obviously in the form of cash-back.
You can receive your cash-back via a statement credit to offset purchases you’ve made, or get a deposit straight into the checking account you have linked with your account. Either way, you will receive a value of 1 cent per point, making 50,000 points worth $500.
Hot Tip: If you haven’t opened a business checking account yet, there are multiple Chase business checking accounts that could be perfectly suited for your business.
Redeeming for Gift Cards
Another option is to redeem your points for gift cards from over 150 different merchants. Chase will give you 1 cent toward the card of your choice for each point you have — so a $25 gift card to Amazon would cost 2,500 points.
If this method interests you, you’d be much better off just redeeming your points for cash-back — the cold hard cash is much more useful than a gift card tied to a certain business.
Shop With Points on Apple and Amazon
If your card is linked to your Apple and/or Amazon account, Chase will give you the option to use your points toward purchases you make with either retailer. Again, your points are worth a fixed 1 cent per point with this method.
Chase Experience Portal
Chase cardholders can even use their points to book one-of-a-kind experiences through the Chase Experiences Portal, like VIP access to sporting events or a night of fine dining.
While these experiences are only available to Chase cardholders, it is generally better just book them with cash, since using your points will only earn you 1 cent per point in value.
Redeeming Points Through the Chase Ultimate Rewards Travel Portal
If you head to the Ultimate Rewards Travel Portal, you’ll find that you can also use your points to offset travel purchases like airfare or hotel stays.
Your points will be valued at 1 cent per point toward such purchases, and you can enjoy perks like no blackout dates.
Pair With Other Ultimate Rewards Cards to Transfer to Airline and Hotel Partners
If you hold an Ultimate Rewards-earning card like the Chase Sapphire Preferred Card, the Chase Sapphire Reserve, or the Ink Business Preferred Credit Card, you can transfer the points earned from your Ink Business Cash card to unlock huge value.
Chase Ultimate Rewards points are incredibly valuable because of their ability to be transferred to select airline and hotel partners. This opens up a wealth of different options for your points in terms of the experiences that can be booked with them.
If you’re strategic about how you use your Ultimate Reward points, you can book first/business class flights, or 5-star hotel stays for just pennies on the dollar.
New to the world of points and miles, or find it difficult to navigate the different transfer partners and award charts? We are here to help! We’ve put together a guide on Chase’s transfer partners and how to use them to get you traveling like a pro in no time.
Bottom Line: The team here at Upgraded Points highly recommends you utilize transfer partners when redeeming your hard-earned earned points, and we don’t recommend using them for gift cards, Amazon purchases, or any other method that only earns you 1 cent per point in value.
If you only have the Ink Business Cash card, you won’t have access to Chase’s airline and hotel transfer partners.
However, if you also have a Chase Ultimate Rewards credit card that carries an annual fee (for example, the Ink Business Preferred Credit Card or Chase Sapphire Preferred Card) you will have access to their travel partners. This is achieved by transferring your points earned by the Ink Business Cash card to your premium Chase card award balance.
Chase Airline Transfer Partners
|Chase Airline Transfer Partner||Min Transfer||Transfer Ratio|
(Chase > Airline)
|Aer Lingus AerClub||1,000||1:1||Almost Instant|
|Air Canada Aeroplan||1,000||1:1||Almost Instant|
|British Airways Executive Club||1,000||1:1||Almost Instant|
|Flying Blue AIR FRANCE KLM||1,000||1:1||1 hour|
|Emirates Skywards||1,000||1:1||Almost instant|
|Iberia Plus||1,000||1:1||Almost Instant|
|Singapore Airlines KrisFlyer||1,000||1:1||1-2 days|
|Southwest Airlines Rapid Rewards||1,000||1:1||Almost Instant|
|United Airlines MileagePlus||1,000||1:1||Almost Instant|
|Virgin Atlantic Flying Club||1,000||1:1||Almost Instant|
Chase Hotel Transfer Partners