Name: Ink Business Preferred® Credit Card
Brand: Chase

Earn 100,000 bonus points

Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

at Chase's secure site.
Terms & restrictions apply. See rates & fees.

Rewards Rates
1 - 3X points
Annual Fee
$95
Regular APR
17.74% - 26.74% Variable
Recommended Credit
Good, Excellent

at Chase's secure site.
Terms & restrictions apply. See rates & fees.

At a glance

Rewards Rates

3X: Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
1X: Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn

Intro Offer

Earn 100,000 bonus points

Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

Ongoing Purchases APR

17.74% - 26.74% Variable

Ongoing Balance Transfer APR

17.74% - 26.74% Variable

Ongoing Cash Advance APR

28.49% Variable

Ongoing Penalty APR

Up to 29.99%

Annual Fee

$95

Recommended Credit

670-850Good, Excellent

More Details

Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases

Our Take

TPG editor's rating

4.5

Overview

The Ink Business Preferred Credit Card is an excellent all-around business credit card that offers a sizable welcome bonus and the ability to earn valuable Ultimate Rewards points on a variety of business expenses. Those rewards can then be transferred to 11 airline and three hotel partners or redeemed through Chase Travel℠ at a rate of up to 1.75 cents per point, depending on the specific redemption (see your rewards program agreement for full details). You can also earn 3 points per dollar spent on the first $150,000 spent in combined purchases for travel, shipping purchases, internet, cable and phone services and advertising purchases made with social media sites and search engines each account anniversary year.

Read the full review

Pros

Relevant bonus categories to business owners for a reasonable $95 annual fee
Access to the Chase Ultimate Rewards portal for points redemption
Trip cancellation/interruption insurance, trip delay reimbursement and primary car rental insurance when traveling on business
Additional perks including extended warranty, cellphone protection and purchase protection

Cons

High spending needed to get the welcome bonus
Subject to Chase's 5/24 rule on card applications

Who is this card good for?

The Ink Business Preferred Credit Card packs a punch for a reasonable $95 annual fee. The card is ideal for small business owners and the varied operating expenses they encounter.

Earning rewards

You’ll earn 3 Ultimate Rewards points per dollar spent on the first $150,000 spent in combined purchases for travel, shipping purchases, internet, cable and phone services and advertising purchases made with social media sites and search engines. The $150,000 threshold is per account anniversary year, so it will reset every year your card is renewed.