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Ink Business Premier® Credit Card vs Southwest® Rapid Rewards® Performance Business Credit Card
This comparison aims to help you decide between the Ink Business Premier® Credit Card and the Southwest® Rapid Rewards® Performance Business Credit Card. Each card offers unique features tailored to different spending habits and business needs.
Card Overviews
Ink Business Premier® Credit Card
The Ink Business Premier® Credit Card is designed for businesses seeking robust cash back rewards on their spending. With a focus on flexibility and high rewards for larger purchases, this card is ideal for business owners who want to maximize their cash back and enjoy travel benefits.
Southwest® Rapid Rewards® Performance Business Credit Card
The Southwest® Rapid Rewards® Performance Business Credit Card is perfect for frequent travelers, especially those who fly Southwest Airlines. Offering significant points on travel-related purchases and additional perks for Southwest customers, this card is tailored for businesses that prioritize travel rewards.
Detailed Feature Comparison
| Feature | Ink Business Premier® Credit Card | Southwest® Rapid Rewards® Performance Business Credit Card |
|---|---|---|
| Annual Fee | $195 | $199 |
| Welcome Bonus | Earn $1,000 bonus cash back after spending $10,000 in the first 3 months. | Earn 80,000 points after spending $5,000 in the first 3 months. |
| Rewards Structure | Unlimited 2% on all purchases; 2.5% on purchases of $5,000 or more; 5% on travel through Chase Travel. | 4X on Southwest purchases; 3X on hotel and car rental partners; 2X on rideshare and advertising; 1X on all other purchases. |
| Foreign Transaction Fee | No | No |
| Other Fees | None specified | None specified |
| Additional Benefits | Trip Cancellation/Interruption Insurance, Fraud Protection, Purchase Protection, Cell Phone Protection, Extended Warranty Protection. | 4 Upgraded Boardings per year, additional travel benefits. |
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 Premier® Credit Card
- Pros:
- High cash back rewards on larger purchases.
- Flexible payment options for business expenses.
- No foreign transaction fees.
- Wide range of built-in protections and benefits.
- Cons:
- Annual fee is relatively high.
- Welcome bonus requires significant spending.
Southwest® Rapid Rewards® Performance Business Credit Card
- Pros:
- Attractive points bonus after initial spending.
- Great rewards on travel-related purchases.
- Additional perks for Southwest travelers.
- Cons:
- Annual fee is on the higher side.
- Rewards are most beneficial for frequent Southwest flyers.
Who Should Consider Which Card?
- **Ink Business Premier® Credit Card**: Ideal for business owners who spend significantly on various categories and want to earn cash back on large purchases. If flexibility and cash rewards are your priority, this card is a solid choice.
- **Southwest® Rapid Rewards® Performance Business Credit Card**: Best suited for businesses that frequently travel with Southwest Airlines. If you want to earn points for travel and enjoy additional airline perks, this card will benefit you the most.
Conclusion
Both the Ink Business Premier® Credit Card and the Southwest® Rapid Rewards® Performance Business Credit Card offer unique benefits tailored to different business needs. Consider your spending patterns, travel habits, and individual financial goals when choosing the right card for you.