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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)


8.6/10
Informr score
The Ink Business Preferred℠ credit card currently has an Informr score of 8.6 out of 10. This score is based on our evaluation of 37 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...


ValuePenguin

Out of all the options available, the Ink Business Preferred℠ Credit Card will provide extraordinary value for most businesses out there. It’s a well-rounded card offering an excellent sign-up bonus and bonus points on common purchase categories. However, it’s best for companies with moderate expens...

- Stella Shon, ValuePenguin
FinanceBuzz

The Ink Business Preferred is best for small business owners who want to use their everyday business expenses to earn travel rewards. More specifically, consider the card if your business can spend at least $15,000 in the first 3 months to earn the sign-up bonus and spends a lot in the card’s bonus...

- Ben Luthi, FinanceBuzz
ZDNet

If you're in the market for a business credit card, then the Chase Ink Business Preferred might be right for you. Because of its unique combination of perks, it's particularly well-suited to businesses that spend a lot of money on travel. It also has plenty of other travel perks that make it even mo...

- Erin Gobler, ZDNet
One Mile at a Time

The Ink Business Preferred Card is the single most well-rounded business credit card out there, in my opinion. The card offers a massive sign-up bonus, incredible 3x points categories for common spending categories for businesses, and amazing protection, ranging from car rental damage to cell phone...

- Ben Schlappig, One Mile at a Time
Forbes

The Ink Business Preferred® Credit Card serves up higher-than-average rewards in many categories of typical business spending. Top it off with a sweet, sweet welcome bonus and sprinkle in loads of perks like travel and purchase protections and the ability to transfer points to hotel and airline part...

- Robin Saks Frankel, Forbes

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

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 Apple Pay, Samsung Pay, Google Pay
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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