Chase
Ink Business Premier® Credit Card
Key Features
| Annual Fee | $195.00 |
| Sign-up Bonus | $1,000 bonus cash back |
| Rewards Rate | 2%-5% Cash Back |
| Regular APR | Flex for Business variable APR: 17.74%–28.49%. |
About this card
The Ink Business Premier® Credit Card earns an overall rating of 3.1 out of 5.0, placing it in the 'Good' category. This card presents a dual nature: exceptional for a very specific niche, but with significant drawbacks for broader use. Its primary strengths lie in its truly outstanding rewards program, offering a flat 2% cash back on all business purchases and an even better 2.5% on single purchases of $5,000 or more, along with a generous $1,000 sign-up bonus. The 5% cash back on Chase Travel is also a strong perk for business travelers, and Chase's reputation for reliability and customer service (rated 4.3/5.0) adds significant weight. These factors make it an excellent choice for established businesses with very high spending volumes who prioritize straightforward cash back. However, critical weaknesses severely limit its universal appeal. The APR is notably high (17.74%–28.49%, rated 1.5/5.0), making it an extremely costly option for businesses that anticipate carrying a balance, even with the 'Flex for Business' feature. There's no introductory APR offer, which is a common and valuable feature on many business cards. The $195 annual fee (fees rated 2.8/5.0), while potentially offset by the generous rewards for high spenders, is a tangible cost that must be considered. Furthermore, a significant drawback for a premium Chase card is that its rewards points cannot be transferred to airline or hotel partners, limiting the potential for outsized value often found with other Chase Ultimate Rewards cards. While it serves its intended high-spending, cash-back focused audience well, the steep APR and lack of transfer partners prevent a higher overall score, positioning it as a solid but niche product rather than a universally top-tier option.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate
- Cashback on purchases
- Flexible reward redemption
- Employee cards at no additional cost
- Spending flexibility options
Things to consider
- Annual fee
- High regular APR
- No intro APR period
- High spending requirement for top base rewards
What this card offers
Sign-up bonuses
- Earn $1,000 bonus cash back after you spend $10,000 on purchases in your first 3 months from account opening.
Rewards
- Earn 2.5% cash back on every purchase of $5,000 or more and 2% cash back on all other business purchases.
- Earn unlimited 5% cash back on travel purchased through Chase TravelSM
- Earn 5% total cash back on Lyft rides
- Earn 5% cash back now through September 30, 2027 with your Chase Ink Business Premier card.
Other features
- Pay in Full Card with Unlimited Earn Potential
- A Pay in Full Card with built-in flexibility when you need it
- Your Ink Business Premier card comes built with two ways to access your credit line – Pay in Full and Flex for Business.
- While you must pay your Pay In Full balance each month, your Flex for Business balance can be paid over time with interest.
- Your purchases will automatically be included in your Flex for Business balance until you reach its limit. After that, any additional purchases will be charged to your Pay in Full balance.
- Redeem your rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Employee cards at no additional cost
- Employee cards let you set individual spending limits and help you earn rewards even faster.
- Earn up to 100,000 points per year
- You can earn 20,000 bonus points for each business that gets approved for any Chase for Business credit card.
Additional Notes
The new cardmember bonus may not be available to you if you have ever had this card. We may also consider factors pertinent to your business in determining your bonus eligibility.

