Compare it to the Ink Business Preferred® Credit Card
The Ink Business Preferred® Credit Card is a better option for business owners who travel frequently, or who spend more on shipping and advertising. The card doesn’t offer a 5% reward rate on any spending like the Ink Business Cash® Credit Card, but it does earn 3X Ultimate Rewards points on other common business spending categories with a higher annual spending cap. It also has a higher sign-up bonus: Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
Unlike the Ink Business Cash® Credit Card, the Ink Business Preferred® Credit Card does charge a $95 annual fee — but that fee may be worth it if your business spends more in the high-earning categories that the Ink Business Preferred® Credit Card offers. With the Ink Business Preferred® Credit Card, you can 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.
You can transfer your points to a variety of hotel and airline loyalty programs — a feature not offered by the Chase Ink Business Cash® Credit Card. Your points are also worth 25% more when you redeem them for travel directly through Chase Ultimate Rewards®.
The Chase Ink Business Preferred® Credit Card also includes no foreign transaction fees, making it the better option for traveling abroad. However, it doesn’t offer a 0% intro period. For financing new purchases, you’re better off with the Ink Business Cash® Credit Card.