Chase
Ink Business Preferred® Credit Card
Key Features
| Annual Fee | $95.00 |
| Sign-up Bonus | 100,000 bonus points |
| Rewards Rate | 1x-5x points |
| Regular APR | 17.74Min. of (6.75+10.99) and 29.99%–26.74Min. of (6.75+19.99) and 29.99% variable APR. |
| Other Fees | Roadside service fees will be billed to your card at time of dispatch. |
About this card
The Ink Business Preferred Credit Card earns an overall rating of 4.0, placing it in the 'Excellent' category. This card is a powerhouse for small business owners with very good credit who prioritize maximizing travel rewards and consistently pay their balances in full. Its strengths are exceptionally compelling: an outstanding Rewards Rating of 4.8, driven by a generous 100,000-point sign-up bonus, impressive 3x earning categories on essential business expenses (up to $150,000 annually), and the highly flexible 1:1 point transfers to numerous valuable travel partners. The Fees Rating of 4.5 is also excellent, with a moderate $95 annual fee that is easily offset by the substantial value delivered, especially with no foreign transaction fees and complimentary employee cards. Furthermore, the card benefits from an excellent Reputation (4.7) among both financial experts and users, solidifying its standing as a top-tier business offering backed by Chase's strong brand. The primary drawback is its APR Rating of 1.5. The variable regular APR, ranging from 17.74% to 26.74%, is quite high, and there is no introductory APR offer. This makes the Ink Business Preferred an expensive option for businesses that frequently carry a balance, as interest charges would quickly erode the value of earned rewards. However, for its ideal target audience—businesses that consistently pay their balances in full each month to avoid interest—the card's benefits in rewards, protections, and fee structure far outweigh the annual fee, and the high APR becomes a non-issue. The strong value proposition, particularly in rewards and perks, firmly places it as an excellent choice despite the significant limitation regarding interest rates for those who carry a balance.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate
- No foreign transaction fees
- Transfer partners
- Travel and purchase protections
- Employee cards available
Things to consider
- Annual fee
- High regular APR
- No intro APR period
What this card offers
Sign-up bonuses
- Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months after account opening.
- New Cardmember Bonus – 100,000 Points: To qualify, you must make $8,000 in purchases during the first 3 months from account opening.
Rewards
- 3X on Travel and Business categories on $150K combined spend.
- Earn 3 points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year.
- Shipping purchases
- Advertising purchases made with social media sites and search engines
- Internet, cable and phone services
- Travel
- Earn a total of 5x points on Lyft rides through September 30, 2027 with your Chase Ink Preferred card.
- Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn.
Other features
- Complimentary access to DashPass with your Chase Ink Business Preferred card. Enjoy $0 delivery fees and reduced service fees on eligible orders for a minimum of one year, when you activate by December 31, 2027.
- As soon as you activate your membership, you'll receive up to $10 a month on grocery and retail DoorDash orders.
- Employee cards at no additional cost
- No foreign transaction fees
- Transfer your Chase Ultimate Rewards points to participating frequent travel programs.
- Aer Lingus AerClub
- Air Canada Aeroplan
- British Airways Club
- Flying Blue AIR FRANCE KLM
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
- IHG One Rewards Club
- Marriott Bonvoy
- World of Hyatt
- Trip Cancellation and Interruption Insurance: reimbursed up to $5,000 per covered traveler and $10,000 per trip for pre-paid, non-refundable travel expenses.
- Roadside Assistance: Roadside service fees will be billed to your card at time of dispatch.
- Auto Rental Coverage: 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.
- Cell Phone Protection: Get up to $1,000 per claim with a $100 deductible per claim; maximum of 3 claims in a 12-month period.
- Purchase Protection: Covers 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.
- Chase Pay Over Time lets eligible Chase business card customers break up credit card expenses into manageable payments.
- Pay off an eligible purchase you've already made of $100 or more in smaller, equal monthly payments.
- No interest - just a fixed monthly fee with plan durations that range from 3-24 months.
- Manage your cash flow
- Build your business credit
- Get insights into your business
- Separate business and personal expenses
- Enjoy peace of mind
Additional Notes
2026 Best Business Credit Cards for Travel