How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
|
Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
|
American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Ink Business Premier® Credit Card Review

Updated on:
Content was accurate at the time of publication.
LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
4.1
Ink Business Premier<sup>®</sup> Credit Card
Sign-Up Bonus
Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
Travel Benefits
Unlimited 5% total cash back on travel purchased through Chase Travel℠, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
Foreign Transaction Fee
$0
We receive commissions from our advertising partners. These commissions do not influence our recommendations. Click here to learn more.

Key takeaway

Even with its $195 annual fee, the Ink Business Premier® Credit Card packs a ton of value during the first year of card membership. Along with a hefty sign-up bonus, the card offers elevated cash back rewards on every purchase. Just know, after the first year, the card’s value reduces significantly.

Pros and cons

  • Generous cash back rate
  • Valuable sign-up bonus
  • Ability to earn 2.5% cash back on large purchases
  • Robust travel and purchase protections
  • Cell phone protection
  • Free employee credit cards
  • Foreign transaction fees: $0
  • $195 annual fee
  • Cannot transfer rewards to Chase travel partners
  • Can’t pool rewards with other Chase cards
  • High spend requirement to earn bonus
  • Must pay some purchases in full each month

Is the Ink Business Premier® Credit Card worth it?

The Ink Business Premier® Credit Card is well worth it during the first year of card membership, mainly thanks to its large sign-up bonus. You’ll earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening. Plus, earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.

But after the first year, the $195 annual fee substantially cuts into your earning potential. So unless you plan to spend enough to earn the 2.5% cash back rate, you’ll likely get more value from a $0-annual-fee cash back business credit card, like the Ink Business Cash® Credit Card.

How much value can you get from the Ink Business Premier® Credit Card

  • First-year value: $1,205 (versus $1,170 for the average business rewards credit card)*
  • Ongoing value: $205 (versus $337 for the average business rewards credit card)*
*Based on LendingTree’s value methodology

Not the right card for you?

Quick facts

  • Annual fee: $195
  • Sign-up bonus: Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
  • Rewards: Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
  • Regular purhase APR: Flex for Business Variable APR: 18.74% - 26.74%
  • Foreign transaction fees: $0
  • Other benefits: Purchase protection, extended warranty protection, cell phone protection, auto rental collision damage waiver, travel and emergency assistance services, roadside dispatch

Ink Business Premier® Credit Card benefits

  • Generous cash back rate on every purchase

    With the Ink Business Premier® Credit Card, you’ll earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases. For example, if you use your card to pay for a $10,000 business expense, you’ll get $250 back from that purchase.

    This makes a lot of sense if you regularly make purchases of $5,000 or more. But if not, there are similar business credit cards available with lower annual fees.

    The Ink Business Premier® Credit Card also offers 5% cash back on travel purchased through Chase Travel℠ and 5% back on Lyft rides through March 2025 — which can be beneficial if you regularly travel for business.

  • Valuable sign-up bonus

    The Ink Business Premier® Credit Card offers one of the highest sign-up bonuses currently available from a business credit card: Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.

    While it is possible to find a card with a more valuable sign-up bonus, be aware that the card will likely require a higher spend threshold to earn the bonus. For example, the Capital One Spark Cash Plus lets you earn $2000 Cash Back once you spend $30,000 in the first 3 months. Earn an additional $2,000 cash bonus for every $500K spent during the first year (see rates & fees).

  • Robust travel and purchase benefits

    Like most Chase credit cards, the Ink Business Premier® Credit Card comes with strong travel and shopping protections, including:

    • Auto rental collision damage waiver: Receive primary coverage against theft and collision damage for most cards in the U.S. and abroad when you decline the rental company’s collision insurance and charge the entire rental cost to your card.
    • Travel and emergency assistance services: If an issue occurs while you’re away from home, you can contact the benefit administrator for legal and medical referrals or other travel and emergency assistance. (Note, you will be responsible for any costs associated with goods or services.)
    • Roadside dispatch: You can call 800-847-2869 anytime to dispatch help — including a tow, tire change and more — if you have a roadside emergency. (Note, you will be responsible for roadside service fees.)
    • Purchase protection: This covers new purchases against damage or theft up to $10,000 per claim and $50,000 per account for 120 days.
    • Extended warranty protection: Eligible warranties of three years or less get an extra year of coverage added to the U.S. manufacturer’s warranty.

    Just know, this card doesn’t offer trip cancellation and interruption insurance. If you’re interested in that coverage, the Ink Business Preferred® Credit Card could be a better fit.

  • Cell phone protection

    When you use your Ink Business Premier® Credit Card to pay your monthly cell phone bill, you’ll receive cell phone protection of up to $1,000 per claim against covered theft or damage. Coverage also applies to any employees listed on your cell phone bill.

    Note, however, that you are allowed a maximum of three claims in a 12-month period, with a $100 deductible per claim.

Ink Business Premier® Credit Card drawbacks

  • High annual fee

    The Ink Business Premier® Credit Card charges a $195 annual fee. This means you’d have to spend $9,750 at the 2% rewards rate to just cover the annual fee and actually start to net rewards.

    By contrast, you can get a card with a similar cash back rate that doesn’t require an annual fee. For example, The American Express Blue Business Cash™ Card has no annual fee and lets you earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% (see rates & fees). This allows you to net cash back right out of the gate.

  • Can't pool rewards with other Chase credit cards

    While the Ink Business Premier® Credit Card lets you earn a solid cash back rate on every purchase, it’s not a Chase Ultimate Rewards® card. That means, you can’t pool your points with other Chase cards.

    You’ll miss out on the value and flexibility of Ultimate Rewards points. You may be better off with one of the following business cards that do allow you to pool your points:

  • Cannot transfer rewards to Chase travel partners

    Because the Ink Business Premier® Credit Card isn’t an Ultimate Rewards card, you also can’t transfer points to Chase airline or hotel partners. This means your rewards will only be worth up to 1 cent each.

    By contrast, if you have a Chase credit card that allows you to transfer Chase Ultimate Rewards points to Chase travel partners, your points will be worth around 2 cents each*. Just know, only the following three cards offer this feature:

  • High spend requirement to earn bonus

    Although the Ink Business Premier® Credit Card offers an extremely high sign-up bonus, it also requires cardholders to spend $10,000 in the first three months of card membership to earn it. That averages out to be approximately $3,333 spend per month for three months.

    If you want to earn a similar sign-up bonus with a lower spending requirement, you may want to consider the Ink Business Unlimited® Credit Card. The $0-annual-fee card lets you earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.

  • Must pay some purchases in full each month

    The Ink Business Premier® Credit Card is a pay-in-full card — meaning, you’ll have to pay your balance in full each month. The card does, however, offer the option to pay for eligible purchases over time, up to your Flex for Business limit (subject to a Flex for Business Variable APR: 18.74% - 26.74%).

Ink Business Premier® Credit Card vs. Ink Business Unlimited® Credit Card

| Disclosures
Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card
apply-now-icon Apply Now
on Chase's secure site
0% Intro APR on Purchases for 12 months
17.74% - 23.74% Variable
$0
Earn unlimited 1.5% cash back on every purchase made for your business
  • Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase made for your business
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • 0% introductory APR for 12 months on purchases
  • Member FDIC
660 720 850
Good / Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


Similar to the Ink Business Premier® Credit Card, the Ink Business Unlimited® Credit Card offers a lucrative sign-up bonus and elevated flat cash back rewards — although at a slightly lower amount. You’ll earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. Plus, earn unlimited 1.5% cash back on every purchase made for your business.

Where this card stands out is its $0 annual fee and ability to pool points with eligible Chase credit cards. It also offers a 0% Intro APR on Purchases for 12 months; after that, a 17.74% - 23.74% Variable APR applies — which is ideal if you need to finance a large business expense.

Ink Business Premier® Credit Card vs. Ink Business Preferred® Credit Card

| Disclosures
Ink Business Preferred® Credit Card
Ink Business Preferred® Credit Card
apply-now-icon Apply Now
on Chase's secure site
N/A
20.49% - 26.49% Variable
$95
Earn 3 points per $1 on the first $150,000 spent in combined
  • Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Travel℠
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
  • Member FDIC
720 850
Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


If you spend heavily in specific business categories, like travel, shipping and social media advertising, you may be better off with a card that offers elevated rewards on those purchases, like the Ink Business Preferred® Credit Card. You’ll 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. Plus, earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

If you redeem your rewards for airfare, hotel stays, car rentals, activities or cruises through Chase Travel℠, they’ll be worth 25% more — boosting their value to 1.25 cents each. Additionally, the Ink Business Preferred® Credit Card is the only Chase business card that lets you transfer rewards to its travel partners — which can help boost their value even more.

Just know, there is a $95 annual fee, and the card doesn’t offer an interest-free period on purchases.

Ink Business Premier® Credit Card vs. The American Express Blue Business Cash™ Card

| Disclosures
The American Express Blue Business Cash™ Card*
The American Express Blue Business Cash™ Card
0% on purchases for 12 months from date of account opening
17.74% - 25.74% Variable
No annual fee
Earn 2% cash back on all eligible purchases on up to $50,000
  • Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
  • 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
  • The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
  • No Annual Fee
  • Terms Apply
660 720 850
Good / Excellent
*The information related to the The American Express Blue Business Cash™ Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


If you don’t make a lot of large purchases and spend less than $50,000 per year, The American Express Blue Business Cash™ Card may be a better option. That’s because it has no annual fee and lets you earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. If you max out the $50,000 spend cap, you’ll earn $1,000 on those purchases alone.

The card also offers a decent sign-up bonus for a low spend requirement: Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. And if you need to make a large purchase and pay it off over time, the card offers an intro APR of 0% on purchases for 12 months from date of account opening, then a 17.74% - 25.74% Variable APR.

Is the Ink Business Premier® Credit Card right for you?

The Ink Business Premier® Credit Card is one of the most rewarding cards you’ll find for small businesses — if you spend a large amount on business purchases each month, that is. For example, to earn the sign-up bonus, you’ll need to spend $10,000 in the first three months of card membership. In addition, you can only earn the highest cash back rate on purchases of $5,000 or more. That said, the card does offer a solid cash back rate on all other purchases.

But if you don’t spend enough to justify the $195 annual fee, the Ink Business Unlimited® Credit Card or The American Express Blue Business Cash™ Card may be a better choice.

apply-now-icon Apply Now
on Chase's secure site

For Capital One products listed on this page, some of the above benefits are provided by third parties such as Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as certain terms, conditions, and exclusions apply.

The information related to the The American Express Blue Business Cash™ Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.