If you often have to travel for business, the Ink Business Preferred® Credit Card might be a better fit than the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card.
For one thing, the Ink Business Preferred® Credit Card has a $0 foreign transaction fee. And for another, the Ink Business Preferred® Credit Card earns flexible Chase Ultimate Rewards® points. These points are worth 25% more when you redeem them for travel through the Chase Ultimate Rewards® portal, or you can transfer them at a 1:1 rate to the following airline and hotel partners:
- Aer Lingus AerClub
- Air Canada Aeroplan
- 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
There’s a valuable sign-up bonus, where cardholders can earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. For ongoing rewards: 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.
However, the Ink Business Preferred® Credit Card does charge a $95 annual fee.
There’s also no intro APR, so you’ll start off right away at the regular 18.24% - 23.24% variable APR.