Ink Business Preferred® Credit Card
Advertiser Disclosure
Credit Card Insider is an independent, advertising supported website. Credit Card Insider receives compensation from some credit card issuers as advertisers. Advertiser relationships do not affect card ratings or our Editor’s Best Card Picks. Credit Card Insider has not reviewed all available credit card offers in the marketplace. Content is not provided or commissioned by any credit card issuers. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. When you click on any ‘Apply Now’ button, the most up-to-date terms and conditions, rates, and fee information will be presented by the issuer. Credit Card Insider has partnered with CardRatings for our coverage of credit card products. Credit Card Insider and CardRatings may receive a commission from card issuers. A list of these issuers can be found on our Editorial Guidelines.
Designed for business owners who travel occasionally, this Chase Ink Business Visa card offers 5X Ultimate Rewards points per dollar on Lyft rides (through March 2022) and 3X points for travel and other popular business categories, with great point transfer opportunities. The annual fee is $95 and it currently has an exceptionally large intro bonus.
Ink Business Preferred® Credit Card
Highlights & Features
Rewards
| Spending Rewards |
|---|
|
|
|
| Introductory Bonus |
|---|
|
Chase Ultimate Rewards Travel Partners
Airline 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
Hotel Partners
- IHG Rewards Club
- Marriott Bonvoy
- World of Hyatt
Balance Transfers
A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.
| Intro Balance Transfer APR | N/A |
| Regular Balance Transfer APR | 15.99%-20.99% Variable |
| Balance Transfer Fee | Either $5 or 5% of the amount of each transfer, whichever is greater. |
Fees
| Penalty APR | Up to 29.99% Variable |
| Late Fee | $39 |
| Returned Payment Fee | $39 |
| Additional Cards Annual Fee | N/A |
| Foreign Transaction Fee | $0 |
Cash Advances
Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
| Cash Advance APR | 24.99% Variable |
| Cash Advance Fee | Either $15 or 5% of the amount of each transaction, whichever is greater. |
ABOUT THE ISSUER
Chase Business
Chase Business has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your
Credit card issuer's websiteThe Chase Ink Business Preferred is quite a rewarding credit card. You’ll get 5X Ultimate Rewards points per dollar on Lyft rides (through March 2022) and 3X points per dollar in four different bonus categories, which is a pretty great deal. And you can redeem those points for a 25% bonus through Chase Ultimate Rewards, which makes it even better. Or you can transfer your points to a variety of frequent traveler programs, where you might get more value for them.
This card has a $95 annual fee. You can order free employee cards to enhance your ability to earn rewards, and set individual spending limits for them. There are no foreign transaction fees so you can make purchases from anywhere in the world without paying extra. There are also some travel and shopping protections, to help out in case something goes wrong.
