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Ink Business Preferred℠ credit card review

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Advertiser Disclosure

Annual Fee
$95.00
Interest Rate: Purchases
16.74% ‐ 21.74% (Variable)
Interest Rate: Purchases
16.74% ‐ 21.74% (Variable)
Balance Transfer
16.74% ‐ 21.74% (Variable)
Balance Transfer
16.74% ‐ 21.74% (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)


8.7/10
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 44 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 with its flexible Ultimate Rewards program, chart-topping sign-up bonus and rich travel and shopping protections, and could be a prime travel rewards card for spenders that can take advantage of its bonus categories’ high annual spending l...

- Garrett Yarbrough, Nouri Zarrugh, Claire, Bankrate
Fit Small Business
Fit Small Business

The Chase Ink Business Preferred® card is best for businesses that often spend money on travel expenses and prefer to earn premium travel rewards. This Chase credit card pays top rewards on travel purchases at a lower annual fee.

- Benilyn Formoso - Suralta, Fit Small Business
MyBankTracker
MyBankTracker

Use a rewards credit card to buy things your business needs because it can help maintain your company's bottom line. The card offers a generous rewards rate in these categories. Additionally, this card usually has a tempting one-time introductory points bonus for new members.

- Rebecca Lake, MyBankTracker
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
Upgraded Points
Upgraded Points

But this card isn’t limited to brick-and-mortar business owners. If you own an online business, work as a freelancer, or even if you’ve made a business out of selling things on eBay, you’re eligible for this card. If you’re a savvy business owner that has a lot of travel, shipping, or advertising ne...

- Jarrod West, Upgraded Points

Details


Interest Rates
Regular APR Interest Rate 16.74% ‐ 21.74% (Variable)

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

Balance Transfer Interest Rate 16.74% ‐ 21.74% (Variable)

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

Cash Advance Interest Rate 25.74% (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
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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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