Ink Business Preferred® Credit Card vs Ink Business Premier® Credit Card

In this comparison, we will explore the key features of the Ink Business Preferred® Credit Card and the Ink Business Premier® Credit Card from Chase. Our goal is to help you decide which card aligns better with your business needs and spending habits.

Card Overviews

Ink Business Preferred® Credit Card

• Annual Fee: $95
• Target Audience: Small business owners looking for travel rewards and valuable bonus points.
• Key Features: Earn bonus points on select business categories, flexible redemption options, and purchase protection.

Ink Business Premier® Credit Card

• Annual Fee: $195
• Target Audience: Businesses that make larger purchases and want straightforward cash back rewards.
• Key Features: High cash back rates on large purchases, travel benefits, and built-in spending flexibility.

Detailed Feature Comparison

Rewards Highlights

• 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

Ink Business Preferred® Credit Card

• Pros:
  • Lower annual fee compared to the Premier card.
  • High points earning potential on select categories.
  • Flexible redemption options for travel and cash back.
• Cons:
  • Higher spending requirement for the welcome bonus.
  • Points can be less valuable if not redeemed for travel.

Ink Business Premier® Credit Card

• Pros:
  • Generous cash back on large purchases.
  • Comprehensive travel benefits and protections.
  • No foreign transaction fees.
• Cons:
  • Higher annual fee than the Preferred card.
  • More suited for businesses with larger purchase volumes.

Who Should Consider Which Card?

• Ink Business Preferred® Credit Card: Ideal for small business owners who travel frequently and want to earn points that can be redeemed for travel rewards.
• Ink Business Premier® Credit Card: Best for businesses that make larger purchases and prefer a straightforward cash back approach with built-in flexibility.

Conclusion

Choosing between the Ink Business Preferred® Credit Card and the Ink Business Premier® Credit Card ultimately depends on your individual business needs and spending patterns. Consider your spending habits, whether you prefer travel rewards or cash back, and how often you make large purchases to make the best decision for your business finances.

“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.”