Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

Ink Business Preferred℠ credit card review

Compare Compare  
Advertiser Disclosure

Annual Fee
$95.00
Interest Rate: Purchases
20.24% ‐ 25.24% (Variable)
Interest Rate: Purchases
20.24% ‐ 25.24% (Variable)
Balance Transfer
20.24% ‐ 25.24% (Variable)
Balance Transfer
20.24% ‐ 25.24% (Variable)
Rewards
1 - 3 points
Rewards
1 - 3 points
Signup Bonus
100000 points (after spending $15,000)
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 41 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...


Bankrate
Bankrate

The flagship Chase business card stands apart from the crowd by offering a chart-topping sign-up bonus, access to the Ultimate Rewards program and rich travel and shopping protections. It could be a prime travel rewards card for business owners who take advantage of its bonus categories’ high annual...

- Garrett Yarbrough, Bankrate
MoneyGeek
MoneyGeek

The Ink Business Preferred credit card is best for small business owners who can leverage their regular business expenses to earn travel rewards. More specifically, consider the card if your business can spend at least $15,000 in the first three months to earn the sign-up bonus and if you foresee si...

- Alene Laney, MoneyGeek
Your Mileage May Vary
Your Mileage May Vary

The Chase Ink Business Preferred is a great card to get for its AMAZING sign-up bonus and to keep for the benefits and bonus categories. If you’re a business that does anything online, earning 3x points on cable, cell phone, and internet advertising is a large amount of your spending. Earning 3x on...

- Your Mileage May Vary
CardRatings.com
CardRatings.com

Even though this card has a modest annual fee, the large signup bonus more than helps make up for that expense during the first year, and the high ongoing rewards help to offset it moving forward. Since bonus rewards are focused on travel and business expenses, this is an ideal card for any business...

- Brooklyn Lowery, CardRatings.com
One Mile at a Time
One Mile at a Time

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

- Ben Schlappig, One Mile at a Time

Details


Interest Rates
Regular APR Interest Rate 20.24% ‐ 25.24% (Variable)

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

Balance Transfer Interest Rate 20.24% ‐ 25.24% (Variable)

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

Cash Advance Interest Rate 29.24% (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 $40.00

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
More
Additional comments -
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

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.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with Ink Business Preferred℠ credit card

Rate It: