Am I eligible?
To get this card, you must also:
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...
- Stella Shon, ValuePenguinOut 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...
- Ben Luthi, FinanceBuzzThe 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...
- Erin Gobler, ZDNetIf 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...
- Ben Schlappig, One Mile at a TimeThe 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...
- Robin Saks Frankel, ForbesThe 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...
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 |
|
| 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 |
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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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