Chase Ink Business Preferred review

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Advertiser Disclosure

Interest Rate: Purchases
18.24% ‐ 23.24%
Balance Transfer
18.24% ‐ 23.24%
Rewards
1 - 3 points
Signup Bonus
80000 points (after spending $5,000)


8.9/10
Informr score
The Chase Ink Business Preferred currently has an Informr score of 8.9 out of 10. This score is based on our evaluation of 23 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Chase Ink Business Preferred is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


NextAdvisor

If you’re in the market for a flexible rewards card with a big intro bonus and mobile phone protection, the Ink Business Preferred℠ Credit Card might be the right choice for you and your business.

- NextAdvisor
Cardcruncher

The Chase Ink Business Preferred Card is hard to beat if you spend a lot on its 3X bonus categories. The Ultimate Rewards program is one of the most versatile on the market, and it offers other valuable benefits, too.

- Ben Luthi, Cardcruncher
The Wirecutter

If your business has you hopping from one plane to another, consider this pick. You earn extra rewards on a host of categories besides travel, from landlines to Google ads, and you can redeem them on Chase’s travel portal for a bonus.

- Taylor Tepper, The Wirecutter
CreditCards.com

While the 80,000-point sign-up bonus may be premier feature of this premium business rewards card, business owners should also appreciate the value and flexibility of Chase’s Ultimate Rewards program.

- Robin Ratcliff, CreditCards.com
The Points Guy

The Ink Business Preferred Credit Card made a big splash when it launched, and for good reason. The sign-up bonus is among the highest we’ve seen from Chase, and if you have significant spending across the four bonus categories, you’ll take home a bunch of extra Ultimate Rewards points.

- The Points Guy

Details


Interest Rates
Regular APR Interest Rate 18.24% ‐ 23.24%

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 18.24% ‐ 23.24%

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 27.24%

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $95.00
Balance Transfer Fee 5%

Minimum of $5

Cash Advance Fee 5%

Minimum of $15

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00

Maximum

Promotions
Sign up bonus 80000 points after spending $5,000

On purchases within the first 3 months.

Rewards
All Purchases 1 point per $1 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel 3 points per $1 spent (on first $150000 spent)

In combined purchases on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year.

Pharmacy No
Bills 3 points per $1 spent (on first $150000 spent)

In combined purchases on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year.

Additional Details

Points are worth 25% more when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Additional Benefits
  • Trip Cancellation/Trip Interruption Insurance
  • Trip Delay Reimbursement
  • Cell Phone Protection
  • Roadside Dispatch
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


NextAdvisor

A good choice for businesses interested in a flexible rewards card with a generous intro bonus

If you’re in the market for a flexible rewards card with a big intro bonus and mobile phone protection, the Ink Business Preferred℠ Credit Card might be the right choice for you and your business.

Read full review

If you’re in the market for a flexible rewards card with a big intro bonus and mobile phone protection, the Ink Business Preferred℠ Credit Card might be the right choice for you and your business.

Read full review

Less

Cardcruncher

Great for travel and everyday spending

from Cardcruncher

The Chase Ink Business Preferred Card is hard to beat if you spend a lot on its 3X bonus categories. The Ultimate Rewards program is one of the most versatile on the market, and it offers other valuable benefits, too.

Read full review

The Chase Ink Business Preferred Card is hard to beat if you spend a lot on its 3X bonus categories. The Ultimate Rewards program is one of the most versatile on the market, and it offers other valuable benefits, too.

Read full review

Less

The Wirecutter

Businesses can save big on plane tickets and the like

from The Wirecutter

If your business has you hopping from one plane to another, consider this pick. You earn extra rewards on a host of categories besides travel, from landlines to Google ads, and you can redeem them on Chase’s travel portal for a bonus.

Read full review

If your business has you hopping from one plane to another, consider this pick. You earn extra rewards on a host of categories besides travel, from landlines to Google ads, and you can redeem them on Chase’s travel portal for a bonus.

Read full review

Less

CreditCards.com

Modest rewards rate, head-turning sign-up bonus

from CreditCards.com

While the 80,000-point sign-up bonus may be premier feature of this premium business rewards card, business owners should also appreciate the value and flexibility of Chase’s Ultimate Rewards program.

Read full review

While the 80,000-point sign-up bonus may be premier feature of this premium business rewards card, business owners should also appreciate the value and flexibility of Chase’s Ultimate Rewards program.

Read full review

Less

The Points Guy

Unique set of perks

The Points Guy

The Ink Business Preferred Credit Card made a big splash when it launched, and for good reason. The sign-up bonus is among the highest we’ve seen from Chase, and if you have significant spending across the four bonus categories, you’ll take home a bunch of extra Ultimate Rewards points.

Read full review

The Ink Business Preferred Credit Card made a big splash when it launched, and for good reason. The sign-up bonus is among the highest we’ve seen from Chase, and if you have significant spending across the four bonus categories, you’ll take home a bunch of extra Ultimate Rewards points.

Read full review

Less

NerdWallet

High rewards for core spending

from NerdWallet

With its high rewards in categories where many small businesses spend a lot of money, the Ink Business Preferred Credit Card easily assumes the Ink Plus Business Credit Card’s role as one of the best small-business credit cards.

Read full review

With its high rewards in categories where many small businesses spend a lot of money, the Ink Business Preferred Credit Card easily assumes the Ink Plus Business Credit Card’s role as one of the best small-business credit cards.

Read full review

Less

The Simple Dollar

Could be the perfect fit for all your business expenses

from The Simple Dollar

Chase has some of the best rewards cards out there, and that’s true whether you’re looking for a cash-back card, a business card, or a travel credit card. When it comes to the Ink Business Preferred Credit Card, I personally believe it’s the best in the business — especially if you like Chase travel partners and love to travel.

Read full review

Chase has some of the best rewards cards out there, and that’s true whether you’re looking for a cash-back card, a business card, or a travel credit card. When it comes to the Ink Business Preferred Credit Card, I personally believe it’s the best in the business — especially if you like Chase travel partners and love to travel.

Read full review

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Credit Card Insider

Has the potential to be fairly rewarding

from Credit Card Insider

It has an attractive rewards program for some small business owners. If you make business trips at least a few times per year and your business spends in the bonus categories, you can earn rewards and cut down on the cost of travel.

Read full review

It has an attractive rewards program for some small business owners. If you make business trips at least a few times per year and your business spends in the bonus categories, you can earn rewards and cut down on the cost of travel.

Read full review

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Wise Bread

Get more points for business purchases

from Wise Bread

This card is best for small business owners whose expenses fall largely in the bonus categories and can use the Chase Ultimate Rewards portal to redeem the points for travel at a 25% discount. It’s also a great card for small business owners whose spending includes international transactions or traveling abroad.

Read full review

This card is best for small business owners whose expenses fall largely in the bonus categories and can use the Chase Ultimate Rewards portal to redeem the points for travel at a 25% discount. It’s also a great card for small business owners whose spending includes international transactions or traveling abroad.

Read full review

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Miles to Memories

A very compelling business card with one of the best sign up bonuses available

Miles to Memories

All in all this card offers the best sign up bonus, most diverse earning structure, and most valuable travel partners of any business card offered on the market.

Read full review

All in all this card offers the best sign up bonus, most diverse earning structure, and most valuable travel partners of any business card offered on the market.

Read full review

Less

User Reviews


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