American Express® Business Gold Card vs Ink Business Premier® Credit Card

This comparison aims to assist you in deciding between the American Express® Business Gold Card and the Ink Business Premier® Credit Card. By analyzing their features, rewards, and benefits, you can make an informed choice that aligns with your business needs.

Card Overviews

American Express® Business Gold Card

The American Express® Business Gold Card is designed for business owners who want to maximize rewards on their spending. With a focus on Membership Rewards® points, this card offers robust earning potential in select categories, making it ideal for businesses that have varying spending patterns each month.

Ink Business Premier® Credit Card

The Ink Business Premier® Credit Card is tailored for business owners looking for straightforward cash back rewards. It stands out with its high cash back rates on larger purchases and travel, making it a great choice for businesses that frequently make significant expenses or travel-related purchases.

Detailed Feature Comparison

Rewards Highlights

American Express® Business Gold Card

• Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
• Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
• 1X is earned for other purchases. **

Ink Business Premier® Credit Card

• Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
• Unlimited 5% total cash back on travel purchased through Chase Travel℠.
• Unlimited 2.5% total cash back on purchases of $5,000 or more.
• Unlimited 2% cash back on all other business purchases.

Pros and Cons

American Express® Business Gold Card

• Pros:
  • High rewards potential on select categories.
  • Generous welcome bonus.
  • Exclusive benefits and statement credits.
• Cons:
  • Higher annual fee compared to some competitors.
  • Requires higher spending to maximize rewards.

Ink Business Premier® Credit Card

• Pros:
  • Lower annual fee.
  • Simple cash back structure.
  • No foreign transaction fees.
• Cons:
  • Lower rewards potential compared to the Gold Card for certain spending categories.
  • Bonus cash back requires significant spending within the first 3 months.

Who Should Consider Which Card?

The American Express® Business Gold Card is ideal for business owners who have variable spending and can benefit from maximizing rewards in specific categories. It's suitable for those who travel frequently and utilize services like FedEx and Grubhub.

On the other hand, the Ink Business Premier® Credit Card is perfect for businesses that tend to make larger purchases or travel frequently, as it offers higher cash back on substantial expenses. It's also a solid choice for those looking for a straightforward cash back rewards structure with a lower annual fee.

Conclusion

Ultimately, the choice between the American Express® Business Gold Card and the Ink Business Premier® Credit Card depends on your individual spending habits and financial goals. Assess your business's spending patterns and consider which card's rewards and benefits align with your needs to make an informed decision.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”