New 50,000 Point Sign-Up Bonus On Ink Business Cash Card

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The no annual fee Ink Business Cash Credit Card is one of the most compelling no annual fee business cards. The card offers 5% cash back on the first $25,000 spent in combined purchases at office supply stores, and on cellular phone, landline, internet, and cable TV services, for each account anniversary year.

While those bonus categories are generous, what makes this card especially compelling is that you can convert cash back into Ultimate Rewards points, at the rate of one cent per Ultimate Rewards point. This is only possible if you also have a card that earns Ultimate Rewards points, including the Chase Sapphire Preferred® Card, Chase Sapphire Reserve℠, or Ink Business Preferred℠ Credit Card. Since I value Ultimate Rewards points at 1.7 cents each, that’s like getting 70% more value out of your points than you’d otherwise get. The way I view it, those 5% cash back categories really net you a return of ~8.5%.

Anyway, as noted by Doctor Of Credit, at the moment the Ink Business CashSM Credit Card is offering an increased sign-up bonus of $500 cash back after spending $3,000 within three months. This is the biggest bonus I ever recall seeing on the card. You can convert that $500 into 50,000 Ultimate Rewards points to get even more value, assuming you have a card accruing Ultimate Rewards points.