As you may have seen, the Chase Ink cards have increased their sign-up offers today for a limited time. Both of these cards have one of my very favorite bonus payouts for routine purchases at 5x points per dollar at office supply stores, on cellular phone charges, landline, internet and cable TV services (annual $25,000 5x max on the Cash version of the card, annual $50,000 5x max on the Plus version of the card).
Ink Cash® Business Credit Card: Earn $300 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
Ink Plus Business Credit Card: Earn 60,000 points after you spend $5000 in the first 3 months, $95 annual fee
In my view, the main difference between the two cards (other than the sign-up bonus) is that the Ink Cash has no annual fee whereas the Ink Plus has a $95 annual fee. Additionally, the points earned from the Ink Cash are transferable to Ultimate Rewards hotel and airline partners only if you also have the Ink Plus or the Chase Sapphire Preferred® Card. If you do have one of those cards you can choose to use the $300 bonus cash back Ink Cash sign-up bonus as 30,000 points that you transfer to United, Hyatt, or your Ultimate Rewards partner of choice.
The most common sign-up bonus for the Ink Cash is 20,000 points while the most common sign-up bonus for the Ink Plus is 50,000 points, so this is a great time to pull the trigger on either if you want to get as many points for your sign-up bonus as possible.
Do keep in mind these are small business cards and that reports coming from those who have recently applied for Chase cards are that things are a bit tighter than they used to be. That said, good luck if you choose to go for one of these cards – I know we love them both for their 5x bonus categories as well as of course for the increased sign-up bonuses!