Ink Business Preferred℠ credit card review

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Advertiser Disclosure

Interest Rate: Purchases
17.49% ‐ 22.49% (Variable)
Balance Transfer
17.49% ‐ 22.49% (Variable)
Rewards
1 - 3 points
Signup Bonus
80000 points (after spending $5,000)


8.7/10
Informr score
The Ink Business Preferred℠ credit card currently has an Informr score of 8.7 out of 10. This score is based on our evaluation of 28 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Ink Business Preferred℠ credit card 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...


The Wirecutter

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

- Jenny Hoff, The Wirecutter
The Balance

The Chase Ink Business Preferred offers a broad range of bonus categories that help cardholders maximize their rewards. Since the points you earn are ridiculously flexible, this card is ideal for business owners who want to redeem rewards in more than one way.

- Holly Johnson, The Balance
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
Compare Cards

The Ink Business Preferred℠ Credit Card is a robust rewards business card allowing you to earn points in popular expense categories. Customers earn tons of points in select categories, while still earning points on all other purchases. The card also offers a huge sign up bonus. The bottom line is th...

- Compare Cards
LendEDU

The Chase Ink Business Preferred could be an excellent rewards card for many mid-sized businesses. Before applying, however, make sure that you’ll use the card often enough to pay for the annual fee, and have some use for the rewards points. If your business is smaller than a mid-sized company or yo...

- Jeanette Perez, LendEDU

Details


Interest Rates
Regular APR Interest Rate 17.49% ‐ 22.49% (Variable)

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

Balance Transfer Interest Rate 17.49% ‐ 22.49% (Variable)

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

Cash Advance Interest Rate 26.49% (Variable)

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


The Wirecutter

Best business card for travel

from The Wirecutter

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

Read full review

Less

The Balance

Lucrative rewards-earning scheme

from The Balance

The Chase Ink Business Preferred offers a broad range of bonus categories that help cardholders maximize their rewards. Since the points you earn are ridiculously flexible, this card is ideal for business owners who want to redeem rewards in more than one way.

Read full review

The Chase Ink Business Preferred offers a broad range of bonus categories that help cardholders maximize their rewards. Since the points you earn are ridiculously flexible, this card is ideal for business owners who want to redeem rewards in more than one way.

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

Compare Cards

Rich rewards on popular business spending categories

Compare Cards

The Ink Business Preferred℠ Credit Card is a robust rewards business card allowing you to earn points in popular expense categories. Customers earn tons of points in select categories, while still earning points on all other purchases. The card also offers a huge sign up bonus. The bottom line...More

The Ink Business Preferred℠ Credit Card is a robust rewards business card allowing you to earn points in popular expense categories. Customers earn tons of points in select categories, while still earning points on all other purchases. The card also offers a huge sign up bonus. The bottom line is that this is one of the best business cards available for earning rewards.

Read full review

Less

LendEDU

Good rewards rate in select business categories

from LendEDU

The Chase Ink Business Preferred could be an excellent rewards card for many mid-sized businesses. Before applying, however, make sure that you’ll use the card often enough to pay for the annual fee, and have some use for the rewards points. If your business is smaller than a mid-sized company...More

The Chase Ink Business Preferred could be an excellent rewards card for many mid-sized businesses. Before applying, however, make sure that you’ll use the card often enough to pay for the annual fee, and have some use for the rewards points. If your business is smaller than a mid-sized company or you don’t spend a lot in the card’s bonus categories, you might want to check out the Business Cash card instead.

Read full review

Less

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

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

Business Insider

One of the best credit cards for small business owners

from Business Insider

This card is compelling enough that I signed up myself over a year ago and it still holds a slot in my wallet. If you enjoy free travel and own a business, this is one of the best business travel rewards cards out there.

Read full review

This card is compelling enough that I signed up myself over a year ago and it still holds a slot in my wallet. If you enjoy free travel and own a business, this is one of the best business travel rewards cards out there.

Read full review

Less

User Reviews


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