Chase
Ink Business Premier® Credit Card
Key Features
| Annual Fee | $195.00 |
| Sign-up Bonus | Earn $1,000 bonus cash back |
| Rewards Rate | Earn 2%-5% cash back |
| Regular APR | Flex for Business variable APR: 17.74Min. of (6.75+10.99) and 29.99%–28.49Min. of (6.75+21.74) and 29.99%. |
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 cashback rewards rate
- Bonus cashback on specific categories
- Comprehensive travel and purchase protections
- No additional cost for employee cards
- Flexible payment options for business expenses
Things to consider
- Annual fee
- No introductory APR period
- High regular APR
- Significant spending required to earn sign-up bonus
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.
- New Cardmember Bonus – $1,000 Cash Back: To qualify, you must make $10,000 in purchases during the first 3 months from account opening.
Rewards
- Earn a total of 2.5% cash back on every purchase of $5,000 or more.
- Turn all your business expenses into rewards with unlimited 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
- 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.
- Cash Back Redeem for cash back as a statement credit to apply toward your balance, or get it directly deposited to most U.S. checking and savings accounts. There are no minimums to redeem your Cash Back rewards points.
- Travel Access to millions of flights, over 300k places to stay, and thousands of activities when you book through Chase TravelSM.
- Apple Ultimate Rewards Store Boost office productivity with a technology refresh. Use your points to pay for all or part of your Apple purchases through Ultimate Rewards.
- Gift Cards Whether it's for yourself, your clients, or your employees – the choice of where to redeem your business rewards is yours. Chase offers over 150 of your favorite gift card brands, including hotels, office supply stores, electronics and more.
- Employee cards at no additional cost
- Auto Rental Coverage Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is primary when renting for business purposes and provides reimbursement up to $60,000 for theft and collision damage for most rental vehicles with an MSRP of $125,000 or less.
- Travel and Emergency Assistance If you run into a problem while traveling away from home, this benefit provides legal and medical referrals and access to other travel and emergency assistance services. (You will be responsible for the cost of any goods or services obtained.)
- Roadside Assistance If you have a roadside emergency, call the service provider to dispatch the help you need. Roadside service fees will be billed to your card at time of dispatch.
- Purchase Protection Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $10,000 per item.
- Extended Warranty Protection Extends the time period of the manufacturer's U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.
- Cell Phone Protection Get up to $1,000 per claim in cell phone protection against covered theft or damage for cell phones listed on your monthly cell phone bill when you pay it with your eligible credit card. Maximum of 3 claims in a 12-month period with a $100 deductible per claim.
- Manage your cash flow Make payments using a business credit card to hold onto your money longer.
- Build your business credit As your business grows, you'll need access to more capital. With Ink, your business builds its own credit history.
- Get insights into your business Chase Ink gives you 24/7 access to view account details, quarterly reports, up to 24 months of statement details, and more.
- Separate business and personal expenses Easily track expenses and maintain records for tax reporting and other business needs. Integrate your Chase Ink credit card with bookkeeping software to simplify accounting.
- Enjoy peace of mind Chase helps keep your accounts safe with account alerts. Choose the alerts you want and how you'd like to receive them.
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. Chase Ink Business Premier credit cards are issued by JPMorgan Chase Bank, N.A. Member FDIC. Accounts subject to credit approval. Restrictions and limitations apply. Offer subject to change.