Chase Ink Business Preferred vs. Ink Business Premier: Credit Card Showdown


With so many business credit cards on the market, it can be difficult to determine which one is best for your company’s needs.

All things considered, the Ink Business Preferred® Credit Card is one of our favorites. in the same family, Ink Business Premier® Credit Card is a cash back option launched in December 2021.

Both are great options, but for most business owners, there’s a clear winner, so let’s break it down.

Ink Business Preferred vs Ink Business Premier comparison

Let’s start with a quick overview of each card’s highlights.

The first choice for ink business ink business premier
annual fee $95 $195
Welcome offer Earn 100,000 bonus points after spending $8,000 within three months of account opening You can get $1,000 back when you spend $10,000 within three months after opening an account.
Award Category Earn 3 points per $1 spent on the following items (first $150,000 in combined purchases per account anniversary year):

  • travel
  • Shipping purchase
  • Internet, cable and phone services
  • Advertising purchases via social media sites and search engines

Earn 1 point per $1 spent on all other purchases

Earn 5% total cash back on travel purchases with Chase Travel℠

Earn 2.5% total cash back on every purchase of $5,000 or more

Earn 2% cash back on all other purchases

Redemption options Redeem 1.25 cents per person when booking travel through Chase Travel℠ or transfer to travel partners at a 1:1 ratio Redeem for 1 cent each to earn cash back and various Chase portal redemptions, such as travel or gift cards
Credit Card Offers
  • Cell phone protection (up to $1,000 per incident)
  • Purchase protection
  • Trip Cancellation/Interruption Insurance
  • Key Car Rental Coverage
  • Extended warranty protection
  • No foreign transaction fees
  • Cell phone protection (up to $1,000 per incident)
  • Purchase protection
  • Trip Cancellation/Interruption Insurance
  • Key Car Rental Coverage
  • Extended warranty protection
  • No foreign transaction fees

Ink Business Preferred and Ink Business Premier Welcome Offers

When you purchase the Ink Business Preferred, you can earn 100,000 Ultimate Rewards points when you spend $8,000 in purchases in the first three months.

Point master

this ink business premier It also offers 100,000 Ultimate Rewards points ($1,000 cash back) after you spend $10,000 in three months.

This cash back is earned in the form of Ultimate Rewards Points. But unlike the Ink Business Preferred’s rewards, you can’t transfer these rewards to the program’s airline and hotel partners, nor can you transfer them to an Ultimate Rewards account linked to another card, such as the Chase Sapphire Preferred® Card. They are transferable (although you can transfer Ultimate Rewards points from your other card account to the account associated with your Ink Business Premier).

Instead, those points are always worth just 1 cent each, whether you redeem them for cash back or through the Chase portal for statement points, gift cards, travel and more. So no matter how you use it, this welcome offer is worth $1,000.

winner: The first choice for ink business. It has an advantage because its points are worth more when redeemed for travel.

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Advantages of Ink Business Preferred and Ink Business Premier

Both cards offer the exact same benefits when it comes to purchases and travel protection. With these two cards, you will receive:

  • Purchase protection: If an eligible item is damaged or stolen within the first 120 days of purchase, you may be reimbursed up to $10,000 per claim ($50,000 per account).
  • Trip Cancellation/Interruption Insurance: If you must cancel or cut your trip short due to a coverage issue, such as illness or severe weather, you’re eligible for up to $5,000 per person of prepaid, non-refundable travel expense coverage, giving you peace of mind if: An unexpected problem occurs. Coverage limit is $10,000 per trip.
Rob Levin/Getty Images
  • Key Car Rental Coverage: If you paid for the entire rental with either card and you were traveling for business purposes, you can get coverage for theft and damage in the United States and most countries around the world. Keep in mind that this does not provide any liability coverage, but you will be covered up to the actual cash value of the vehicle you are leasing.
  • Extended warranty protection: Buying a product with a U.S. manufacturer’s warranty of three years or less will get an extra year of warranty. This can be very helpful when a product stops working shortly after its scheduled warranty period ends.
  • Mobile phone protection: If you use a card to pay your monthly cell phone bill and your phone is stolen or damaged, you may be eligible for up to $1,000 per claim, with a $100 deductible – up to three claims per year.

winner: tie. Both cards offer the exact same benefits.

Earn rewards with Ink Business Preferred and Ink Business Premier

Ink Business Preferred offers more reward categories than Ink Business Premier, so you’ll earn 3 points per $1 spent on the first $150,000 in combined purchases each account year in the following categories:

  • travel
  • Shipping Purchase
  • Internet, cable and phone services
  • Advertising purchases via social media sites and search engines

Earn 1 point per $1 spent on all other purchases, or after $150,000 in cumulative purchases in the bonus categories listed above. Since Chase Ultimate Rewards points are worth 2.05 cents each according to TPG’s valuation, you’ll earn 6.15% back on category rewards purchases and 2.05% back on all other purchases.

FRESHSPLASH/Getty Images

this ink business premier Offers interesting bonus categories and generous daily income. With this card you will get:

  • Earn 5% total cash back on travel purchases through the Chase portal
  • Earn 2.5% total cash back on every purchase of $5,000 or more
  • 2% cash back on every purchase

Earning at least 2% cash back on every purchase is nice, but not unique.Many other cashback cards offer the same rewards, such as Citi Double Cash® Card (see rates and fees), earn 1% on purchase, 1% on checkout, and Spark Cash Plus on your first capital. But if you frequently make large purchases (over $5,000), earning an extra 5% cash back can end up saving you a lot of money.

winner: tie. If you’re looking to streamline your business spending and use just one card to do it all, Ink Business Premier is your best choice. But if you’re looking to earn travel rewards, Ink Business Preferred gives you more options.

Redeem rewards for Ink Business Preferred and Ink Business Premier

Although both cards are “Chase Ink” credit cards, the redemption options are completely different.

With the Ink Business Preferred, in addition to converting your points into cash (1 point is equivalent to 1 cent), you can use your points for travel in two different ways. You can redeem your points for travel bookings through the Chase Travel Portal (worth 1.25 cents each) or transfer them to one of Chase’s valued transfer partners.

TPG estimates that Chase Ultimate Rewards points are worth 2.05 cents each when you take advantage of these transfer partners, thanks to the number of options they offer.

KaiYue Hotel

along with ink business premierHowever, the points you earn are worth 1 cent each and cannot be redeemed for rewards at higher prices. Whether you redeem it for cash back or for other options like gift cards or travel through Chase Ultimate Rewards, you’ll still get 1 cent per point.

winner: The first choice for ink business. It has more options and the points you earn are worth more.

Related: Maximizing Chase Ultimate Rewards

Should I get Ink Business Preferred or Ink Business Premier?

The short answer is – it depends. If you don’t have a premium Chase Ultimate Rewards card that you can use to redeem travel points, the Ink Business Preferred is a great option.However, you’d be better off if your spending categories are more diverse (or don’t include those added bonus categories) and you prefer to earn cash back ink business premier.

bottom line

For mid-tier credit cards, both are good choices for business credit cards, each in their own way. Both cards offer a great way to earn points or cash back while also offering benefits to help protect you when needed. And, with a relatively low annual fee, you never have to worry about bill credits or extra benefits to help “offset” the cost.

Additionally, if you already have an Ink Business Preferred card, this does not prevent you from applying for Ink Business Premier. Combining the benefits of both can really allow your business to earn tons of points and cash back, leaving you with more money and points in your pocket so you can put down work at some point and actually enjoy your vacation.

Read our full review of Ink Business Preferred and Ink Business Premier.


Apply here: Top choice for ink business

Apply here: ink business premier




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