Ink Business Preferred℠ credit card review

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Advertiser Disclosure

Interest Rate: Purchases
15.99% ‐ 20.99% (Variable)
Balance Transfer
15.99% ‐ 20.99% (Variable)
Rewards
1 - 3 points
Signup Bonus
100000 points (after spending $15,000)


8.8/10
Informr score
The Ink Business Preferred℠ credit card currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 34 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
CreditCards.com

While the 100,000-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
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. But if you don’t think you’ll earn a lot of bonus rewards with the card, or you do...

- Ben Luthi, Cardcruncher
Investopedia

The Chase Ink Business Preferred is a solid choice for business owners who spend a lot in certain categories, especially if they're savvy at redeeming rewards. Few cards beat this one for the value of its bonus. Additionally, it boasts some standout benefits, including protection for cell phones who...

- Ben Luthi, Investopedia
One Mile at a Time

The Ink Business Preferred is the single most well-rounded business credit card out there, in my opinion. The card offers the biggest sign-up bonus of any credit card, it offers incredible 3x points categories for common spending categories for businesses, and it offers amazing protection, ranging f...

- Ben, One Mile at a Time

Details


Interest Rates
Regular APR Interest Rate 15.99% ‐ 20.99% (Variable)

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

Balance Transfer Interest Rate 15.99% ‐ 20.99% (Variable)

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

Cash Advance Interest Rate 24.99% (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 100000 points after spending $15,000

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

- 5 points per $1 spent on Lyft

- 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
Virtual Cards 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
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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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