The Ink Business Premier® Credit Card is a must-have for forward-thinking entrepreneurs and businesses. Imagine having a card tailored to the dynamic needs of frequent travelers, offering unbeatable travel perks and eliminating foreign transaction fees. It's not just about travel, though. This card recognizes your business's growth, offering impressive rewards for substantial purchases and unmatched flexibility in handling your cash flow. While ensuring your transactions are safe and secure, it promises convenience in cash back and rewards redemption. This card might be your ideal partner if your business seeks a financial tool that understands its demands.
Ink Business Premier® Credit Card Review
Updated: October 23, 2024
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Ink Business Premier® Credit Card
On Issuer's Site
Rewards Summary
Earn 2% – 5% cash backEarn unlimited 5% total cash back on travel purchased through Chase Travel℠. Unlimited 2.5% total cash back on purchases of $5,000 or more. Unlimited 2% cash back on all other business purchases.
APR
18.99% - 26.99%Annual Fee
$195Recommended Credit
670-850 (Good to Excellent)Moneygeek.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
Ink Business Premier® Credit Card Overview
When selecting a credit card, thoroughly evaluating its features is paramount to ensure it aligns with your financial needs and objectives.
- Rewards rate: Earn unlimited 5% total cash back on travel purchased through Chase Travel℠. Unlimited 2.5% total cash back on purchases of $5,000 or more. Unlimited 2% cash back on all other business purchases.
- Welcome offer: $1,000 after spending $10,000 on purchases within the first three months
- Regular APR: Flex for Business Variable APR: 18.99% - 26.99%
- Annual fee: $195
- Introductory APR offer: None
Ink Business Premier Cash Back Estimator
Estimate the value of the cash back you could earn with the Ink Business Premier card. This tool helps you understand if the card's rewards outweigh its annual fee and how it compares to other cards you're considering. Enter your estimated monthly spending in the categories below to see your potential annual cash back rewards.
Important Disclaimers:
- This calculator is for planning and evaluation purposes and not sponsored or endorsed by Chase.
- Some of your purchases may not be eligible for earning points.
- The value of points at redemption will vary.
1
How much do you spend on purchases of $5,000 or more per MONTH? (2.5% cash back)
$
2
How much do you spend on other business purchases per MONTH? (2% cash back)
$
Total Cash Back Earned:$0
Important Card Details
Understanding the features of business credit cards is crucial for making an informed decision. The Ink Business Premier® Credit Card presents an exciting blend of opportunities and considerations, offering tangible benefits like a robust cash back program and spending flexibility while carrying specific terms warranting careful evaluation.
Cash Back Reward
The Ink Business Premier®Credit Card turns business expenses into opportunities. By offering 2.5% cash back on purchases over $5,000, this card is a standout for businesses with substantial monthly expenditures. Additionally, a consistent 2% cash back on all other business expenses ensures that every dollar you spend works a bit harder for you. And if travel is a major business cost, you earn 5% total cash back on travel purchased through Chase Travel℠.
Welcome Bonus
A welcome bonus can be the deciding factor for many when choosing a credit card. This card's impressive $1,000 cash back after a $10,000 spend within the first three months isn't just a "hello" — it's a grand gesture. For businesses that routinely have larger initial expenses (like equipment or inventory orders), reaching this threshold could be fairly easy. Essentially, you're being rewarded for making necessary purchases to grow your business.
Fees
The $195 annual fee of the Ink Business Premier® may seem steep at first glance. However, its annual fee can be seen as an investment when balanced against the high cash back rates and other benefits. The card also shines when it comes to international business. Because there are no foreign transaction fees, businesses that deal with international clients or travel abroad won't feel pinched whenever they swipe overseas.
Flexibility
Get the buying power you need to make large purchases, cover monthly expenses and help your business grow. While you must pay your Pay In Full balance each month, this card has built-in flexibility. The Flex for Business feature allows for qualifying purchases to be paid over time with interest.
Additional Perks
The Ink Business Premier® comes with fraud protection, zero liability and purchase safeguards, ensuring that your business transactions are secure. Add phone protection and extended warranties, and it becomes evident that this card isn't just about financial benefits — it's about providing a safety net. Trip cancellation or interruption insurance also adds another layer of protection.
How the Ink Business Premier® Credit Card Compares
A side-by-side comparison of two credit cards can offer invaluable insights into how each aligns with your unique financial needs, helping you make an informed decision.
How This Card Compares
Ink Business Premier® Credit Card
- Rewards rate: Earn unlimited 5% total cash back on travel purchased through Chase Travel℠. Unlimited 2.5% total cash back on purchases of $5,000 or more. Unlimited 2% cash back on all other business purchases.
- Welcome offer: $1,000 after spending $10,000 on purchases within the first three months
- Regular APR: Flex for Business Variable APR: 18.99% - 26.99%
- Annual fee: $195
- Intro APR offer: None
- Best for: High-spending businesses looking for robust cash back opportunities, especially on travel and large purchases, while amenable to a moderate annual fee
Capital One Spark Cash Plus
- Rewards rate: Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel and earn unlimited 2% cash back on every purchase, everywhere—with no limits or category restrictions
- Welcome offer: One-time cash bonus of $2,000 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
- Regular APR: N/A (charge card)
- Annual fee: $150 (can be refunded every year you spend at least $150,000)
- Intro APR offer: None
- Best for: Businesses with high travel-related expenses and those leveraging a substantial annual spend to offset the annual fee
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
About Grace Pilling
Grace Pilling was the Senior Content Manager for Credit Cards at MoneyGeek. She previously led personal finance teams at Bankrate, CreditCards.com and MoneyUnder30.
Pilling has a bachelor's degree in English from Western Sydney University and a diploma in book editing, proofreading and publishing. She is focused on empowering readers to make informed financial choices that support their best lives, not a company’s bottom line.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.