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The Points Guy believes that credit cards can transform lives, helping you leverage everyday spending for cash back or travel experiences that might otherwise be out of reach. That's why we publish a variety of editorial content and card comparisons: to help you find a great card to turn your goals into reality.
Our site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened with our partners, and this may impact how or where these products appear. While we don't cover all available credit cards, our editorial team creates and maintains all of the analysis of these cards, and our content is not influenced nor subject to review by any credit card company, bank or partner prior to (or after) publication. Please view our advertising policy and product review methodology for more information.
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Chase Ink Business Preferred vs Ink Business Premier: Which card should take a spot in your wallet?
Jennifer is a contributing writer to The Points Guy where she focuses on family travel. She is also the founder of Deals We Like where she helps her readers travel on a deal.
March 23, 2025 • 9 min read
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don't cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.
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Quick summary
Two leading business cards are compared, each offering distinct reward structures and redemption options.
One card provides transferable rewards with a variety of redemption choices, including travel partners, while the other focuses on straightforward cash-back rewards.
Both cards deliver robust travel and purchase protections, such as cellphone protection, trip cancellation/interruption insurance and primary car rental coverage for business rentals.
The best fit depends on whether your business values flexible points and travel redemptions or prefers simple cash-back earnings.
What to consider
Eligibility for bonus categories and redemption flexibility varies between the two cards, impacting overall value.
Coverage limits apply to protections like cellphone insurance and trip cancellation, so review terms for maximum benefits.
Rewards from one card can be transferred to airline and hotel partners, while the other card's rewards cannot be transferred and offer consistent value across redemption options.
What you'll miss from the article
A detailed side-by-side analysis of how each card's earning, redemption and protection features align with different business spending habits.
Generated by AI with support from our editorial team.
Comments
By commenting, you agree to our Community Guidelines to help create a positive space for conversation. The responses below are not provided or commissioned by the bank advertiser, our partners, or The Points Guy (“TPG”). They have not been reviewed, approved, or otherwise endorsed by any of these parties. All responses are submitted by individual contributors, and neither the bank advertiser, our partners, nor TPG are responsible for ensuring that all posts and/or questions are answered.
Ink Business Preferred vs. Ink Business Premier comparison
Let’s start with a quick overview of each card’s highlights.
Ink Business Preferred
Ink Business Premier
Annual fee
$95
$195
Welcome offer
Earn 100,000 bonus points after spending $8,000 in the first three months of account opening.
Earn $1,000 cash back after spending $10,000 in the first three months of account opening.
Bonus categories
Earn 3 points per dollar spent (on the first $150,000 in combined purchases each account anniversary year, then 1 point per dollar) on travel; shipping purchases; internet, cable and phone services; and advertising purchases made with social media sites and search engines.
Earn 1 point per dollar on all other purchases.
Earn 2.5% total cash back on every purchase of $5,000 or more.
Earn 2% cash back on all other purchases.
Redemption options
Redeem for cash back, gift cards, PayPal, at Amazon checkout and up to 1.75 cents each to book travel through Chase Travel℠, depending on the specific redemption (see your rewards program agreement for full details), or transfer at a 1:1 ratio to travel partners.
Redeem for cash back, travel, gift cards, PayPal and at Amazon checkout.
Card benefits
Cellphone protection ($1,000 cap per incident)
Purchase protection
Trip cancellation/interruption insurance
Primary car rental coverage when renting for a business purpose
Extended warranty protection
No foreign transaction fees
Cellphone protection ($1,000 cap per incident)
Purchase protection
Trip cancellation/interruption insurance
Primary car rental coverage when renting for a business purpose
Extended warranty protection
No foreign transaction fees
Ink Business Preferred vs. Ink Business Premier welcome offer
With the Ink Business Preferred, you’ll earn 100,000 bonus points after spending $8,000 on purchases in the first three months from account opening.
The welcome offer is worth $2,050 based on TPG's March 2025 valuations.
(Photo by The Points Guy)
New Ink Business Premier cardholders can earn $1,000 cash back after spending $10,000 in purchases within three months of account opening.
Winner: Ink Business Preferred. It has the upper hand as its welcome offer is worth almost double that of the Premier.
Ink Business Preferred vs. Ink Business Premier benefits
Both cards offer the exact same benefits when it comes to purchase and travel protection. With both cards, you’ll receive:
Purchase protection: If an eligible item is damaged or stolen within the first 120 days after purchase, you’re covered up to $10,000 per claim ($50,000 per account).
Trip cancellation/interruption insurance: If you must cancel or cut a trip short because of a covered issue (such as illness or severe weather), you’re eligible for up to $5,000 of coverage per person for prepaid, nonrefundable travel expenses, which provides great peace of mind when unexpected problems arise. Coverage is limited to $10,000 per trip.
ROB LEWINE/GETTY IMAGES
Primary car rental coverage: If you use either card for the entire rental cost and are traveling for business purposes, you’re covered for theft and damage in the U.S. and most countries worldwide. Remember that this doesn’t offer any liability coverage, but you are covered up to $60,000 for most rental cars with an MSRP of $125,000 or less.
Extended warranty protection: Purchases with a U.S. manufacturer’s warranty of three years or less will get coverage for an extra year. This can be extremely helpful when an item stops working shortly after its scheduled warranty ends.
Cellphone protection: If you pay your monthly cellphone bill with your card and your cellphone is stolen or damaged, you can receive up to $1,000 per claim, with a $100 deductible — for up to three claims per 12-month period.
Both cards also lack foreign transaction fees, making them great for international purchases.
Winner: Tie. Both cards offer the exact same benefits.
Earning rewards on the Ink Business Preferred vs. Ink Business Premier
The Ink Business Preferred offers more bonus categories than the Ink Business Premier. You’ll earn 3 points per dollar spent on the first $150,000 in combined purchases per account year in the following categories (then 1 point per dollar):
Travel
Shipping purchases
Internet, cable and phone services
Advertising purchases made with social media sites and search engines
On all other purchases, you’ll earn 1 point per dollar spent. Since Chase Ultimate Rewards are worth 2.05 cents per point, based on TPG’s March 2025 valuations, you’re earning a 6.15% return on your category bonus purchases and a 2.05% return on all other purchases.
FRESHSPLASH/GETTY IMAGES
The Ink Business Premier offers both interesting bonus categories and strong everyday earnings. With this card, you’ll accrue:
2.5% cash back on every purchase of $5,000 or more
2% cash back on every purchase
Earning at least 2% cash back on every purchase is strong but not unique. Many other cash-back cards offer the same return, such as the Citi Double Cash® Card (see ), which earns 1% when you make a purchase and 1% when you pay that purchase off, and the Capital One Spark Cash Plus.
But if you often make large purchases over $5,000, then earning that extra half percent in cash back can save you a lot of money in the end.
Winner: Tie. If you’re looking to simplify your business expenses and just have one card for everything, the Ink Business Premier is the winner. But the Ink Business Preferred will give you more redemption options, since it earns transferable rewards.
Redeeming and transferring rewards on the Ink Business Preferred vs. Ink Business Premier
Even though both cards are “Chase Ink” credit cards, their redemption options are different.
With the Ink Business Preferred, in addition to redeeming your points for cash — where 1 point is worth 1 cent — you can also use them toward travel in two different forms. You can either redeem points toward travel reservations through Chase Travel, where points are worth up to 1.75 cents each, depending on the specific redemption (see your rewards program agreement for full details), or transfer them to one of Chase’s valuable transfer partners.
TPG credit cards editor Olivia Mittak loves using her Ultimate Rewards points for Hyatt stays. She recently redeemed 12,000 points for a three-night stay at the Hyatt House Frankfurt Eschborn in Germany.
TPG estimates Chase Ultimate Rewards points to be worth 2.05 cents apiece as of March 2025 when you leverage these transfer partners, thanks to the number of options they open up. Points can also be redeemed for gift cards, through PayPal and at Amazon checkout.
IZUSEK/GETTY IMAGES
With the Ink Business Premier, however, your redemption options are more limited. You'll get consistent value out of each redemption method, however, which may be favorable for business owners without a lot of time on their hands. Ink Business Premier cardholders can redeem their rewards for cash back, gift cards, travel, at Amazon checkout and with PayPal.
Unfortunately, the rewards you earn on the Ink Business Premier can't be transferred to Chase's airline and hotel partners.
Winner: Ink Business Preferred. It has many more options and the rewards you earn are worth significantly more.
Should I get the Ink Business Preferred or Ink Business Premier?
The short answer — it depends. If you don’t have a premium Chase Ultimate Rewards card that allows you to redeem points toward travel, then the Ink Business Preferred is a great choice. But if your spending categories are much more varied (or don’t include those increased bonus categories) and you prefer to earn cash back, you’ll be better off with the Ink Business Premier.
Bottom line
For a mid-tier credit card, both are strong choices for business credit cards, in their own way. The two cards offer great ways to earn points or cash back, while also offering benefits that will help protect you in a time of need.
Also, if you already have the Ink Business Preferred card, that doesn’t prevent you from applying for the Ink Business Premier. Combining the benefits of both can truly allow your business to earn a plethora of points and cash back, giving you more rewards in your pocket so you can take a step away from work at some point and truly enjoy a vacation.
