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Which Chase Ink Business Credit Card Is Right for You?

Which Chase Ink Business Credit Card Is Right for You?

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated Aug 27, 2020. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

Small business owners who need a credit card to earn rewards and manage cash flow have three Chase Ink Business cards to choose from. Each is aligned to a business owner’s certain spending patterns or desire for a specific type of reward program.

To help you decide which Ink business card is best for your spending, we break down what each Ink card offers, who it’s best for and where it falls short.

Know that Chase also offers business credit cards co-branded with United Airlines and Southwest Airlines, if you’re more interested in an airline-specific card.

Compare the Chase Ink Business credit cards

Here’s how the Chase Ink Business credit cards stack up against each other:

 Chase Ink Business Preferred℠ Credit CardChase Ink Business Cash℠ Credit CardChase Ink Business Unlimited℠ Credit Card
Best forBusiness owners willing to pay an annual fee for a card offering more value on travel redemptions, valuable benefits and a generous sign-up bonus.Business owners who want to earn cash back on common spending categories without paying an annual fee.Business owners who don’t have established spending categories yet, and who want a card with no annual fee that earns flat-rate rewards.
Sign-up bonusEarn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.
RewardsEarn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn.Earn unlimited 1.5% cash back on every purchase made for your business.
Annual fee$95$0$0
Foreign transaction fee$03% of each transaction in U.S. dollars.3% of each transaction in U.S. dollars.
Regular purchase APR15.99%-20.99% variable13.24% - 19.24% variable13.24% - 19.24% variable

Best for travel: Chase Ink Business Preferred℠ Credit Card

Best for: Business owners willing to pay an annual fee in exchange for a card offering more value on travel redemptions, valuable travel and purchase benefits and a hefty sign-up bonus.

Why we like this card: This is one of the most flexible business travel cards around. Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

This card comes with a valuable sign-up bonus, though it requires a hefty spend: Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

Points redeemed for travel via the Chase Ultimate Rewards® portal get 25% more value — for example, 100,000 points are worth $1,250 in travel.

You can also transfer points at a 1:1 value to the following airline and hotel partners:

  • Aer Lingus AerClub
  • British Airways Executive Club
  • Emirates Skywards
  • Flying Blue AIR FRANCE KLM
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards
  • United MileagePlus
  • Virgin Atlantic Flying Club
  • IHG Rewards Club
  • Marriott Bonvoy
  • World of Hyatt

The card also offers helpful travel and purchase benefits:

  • Cellphone protection of up to $600 per claim with a $100-per-claim deductible
  • $0 foreign transaction fee
  • Trip cancellation/trip interruption insurance
  • Auto rental collision damage waiver (primary coverage)
  • Roadside dispatch
  • Purchase protection
  • Extended warranty protection

What to watch out for: The Chase Ink Business Preferred℠ Credit Card charges a $95 annual fee. Business owners who don’t travel frequently, as well as those who are just starting out and don’t yet have a firm grasp on what their heavy spending categories will be, may prefer to start out with a no-annual-fee business card.

Also, take note that there’s a spending limit of $150,000 on categories that earn the 3X rate. After you hit that spend limit, you’ll drop down to 1 point per $1 spent on all purchases.

Chase Ink Business Preferred℠ Credit Card Review

Best for office supplies: Ink Business Cash℠ Credit Card

Best for: Business owners who are looking to earn some cash back on expenses without paying an annual fee.

Why we like this card: The Chase Ink Business Cash℠ Credit Card has a $0 annual fee and offers a generous cash back program for spending on office supplies and other useful categories.

Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn.

There’s also an introductory APR of 0% intro apr on purchases for 12 months on purchases, which can be helpful if your business needs to make a large purchase and pay it off over time. After the intro period, a 13.24% - 19.24% variable APR applies.

Finally, for a card with a $0 annual fee, this card’s benefits are pretty good:

  • Auto rental collision damage waiver
  • Travel and emergency assistance services
  • Roadside dispatch
  • Purchase protection
  • Extended warranty protection

What to watch out for: If your business requires travel outside the United States, be aware that this card charges a foreign transaction fee of 3% of each transaction in U.S. dollars.

Chase Ink Business Cash℠ Credit Card Review

Best for flat-rate rewards: Chase Ink Business Unlimited℠ Credit Card

Best for: Business owners who don’t have established spending categories yet and want a card with no annual fee that earns flat-rate rewards.

Why we like this card: You don’t need to worry about which categories earn higher cashback rates with this $0 annual fee card — you’ll earn unlimited 1.5% cash back on every purchase made for your business. There are business cards that earn 2% back, but they typically charge an annual fee or have a spending limit after which your rewards rate will drop.

There’s also an intro APR of 0% intro apr on purchases for 12 months on purchases. After the intro period, a 13.24% - 19.24% variable APR applies.

Like the Chase Ink Business Cash℠ Credit Card, the Chase Ink Business Unlimited℠ Credit Card offers pretty good benefits for a card with a $0 annual fee:

  • Auto rental collision damage waiver
  • Travel and emergency assistance services
  • Roadside dispatch
  • Purchase protection
  • Extended warranty protection

What to watch out for: If you know that your business regularly spends large amounts in certain categories, you may be better off with a card that rewards those categories at a higher rate.

You should also be aware of the foreign transaction fee — 3% of each transaction in U.S. dollars.

Chase Ink Business Unlimited℠ Credit Card Review

Which Chase Ink Business credit card is right for you?

The best Chase Ink Business credit card for you will depend on the needs of your business.

Less-established businesses that don’t have categories they primarily spend in could benefit from the simplicity of the Chase Ink Business Unlimited℠ Credit Card.

Established businesses that spend heavily on categories including office supplies and gas, and that don’t travel enough to merit a card with an annual fee, would likely prefer the Chase Ink Business Cash℠ Credit Card.

And of course, businesses that require owners or employees to travel regularly would enjoy the Chase Ink Business Preferred℠ Credit Card.

Each Chase Ink Business card allows cardholders to redeem rewards in a variety of ways:

  • Book flights, hotels, rental cars and more via the Chase Ultimate Rewards portal
  • Redeem cash back as a statement credit or a deposit to a checking or savings account
  • Select gift cards from more than 150 brands
  • Pay for Apple purchases through Ultimate Rewards

For business owners who travel frequently, it’s important to note that three credit cards issued by Chase offer more value on points redeemed for travel through the Ultimate Rewards portal:

The Chase Ink Business Preferred℠ Credit Card and the Chase Sapphire Preferred® Card both offer 25% more value on travel redemptions made through the Ultimate Rewards portal, while the Chase Sapphire Reserve® offers 50% more value on such redemptions.

Chase Ultimate Rewards Program Guide: Why You Should Be Excited

If you have one of the Chase credit cards listed above, and you also have one or more of the cards listed below, you can transfer rewards earned on the latter to the former and redeem them for travel through the Chase Ultimate Rewards portal for more value:

All of the Chase Ink Business credit cards offer employee cards at no additional cost, meaning you can issue cards to your employees and earn rewards on all their business-related spending.

The information related to Ink Business Unlimited℠ Credit Card has been independently collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication.


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