Chase Ink Business Preferred vs Ink Business Premier: Credit card showdown

With so many business credit cards in the marketplace, it may be troublesome to find out which is best for your company’s needs.

Reducing by way of all of it, the Ink Business Preferred® Credit Card is one in every of our favorites. In the identical household, the Ink Business Premier® Credit Card is a cash-back choice providing a easy incomes construction and strong journey and purchasing protections.

Each are good choices, so let’s break it down.

With the Ink Business Preferred, you will earn 90,000 bonus factors after spending $8,000 on purchases within the first three months from account opening.

The welcome supply is price $1,845 primarily based on TPG’s March 2025 valuations.

New Ink Business Premier cardholders can earn $1,000 money again after spending $10,000 in purchases inside three months of account opening.

Winner: Ink Enterprise Most well-liked. It has the higher hand as its welcome supply is price nearly double that of the Premier.

Associated: The power of the Chase Trifecta

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• Purchase protection: If an eligible merchandise is broken or stolen throughout the first 120 days after buy, you are lined as much as $10,000 per declare ($50,000 per account).
• Trip cancellation/interruption insurance: When you should cancel or lower a visit brief due to a lined difficulty (corresponding to sickness or extreme climate), you are eligible for as much as $5,000 of protection per individual for pay as you go, nonrefundable journey bills, which gives nice peace of thoughts when surprising issues come up. Protection is proscribed to $10,000 per journey.

• Primary car rental coverage: When you use both card for the whole rental value and are touring for enterprise functions, you are lined for theft and injury within the U.S. and most international locations worldwide. Do not forget that this does not supply any legal responsibility protection, however you might be lined as much as $60,000 for many rental automobiles with an MSRP of $125,000 or much less.
• Extended warranty protection: Purchases with a U.S. producer’s guarantee of three years or much less will get protection for an additional yr. This may be extraordinarily useful when an merchandise stops working shortly after its scheduled guarantee ends.
• Cellphone protection: When you pay your month-to-month cellphone invoice together with your card and your cellphone is stolen or broken, you possibly can obtain as much as $1,000 per declare, with a $100 deductible — for as much as three claims per 12-month interval.

Each playing cards additionally lack international transaction charges, making them nice for worldwide purchases.

Winner: Tie. Each playing cards supply the very same advantages.

The Ink Business Preferred affords extra bonus classes than the Ink Enterprise Premier. You may earn 3 factors per greenback spent on the primary $150,000 in mixed purchases per account yr within the following classes (then 1 level per greenback):

• Journey
• Delivery purchases
• Web, cable and cellphone providers
• Promoting purchases made with social media websites and search engines like google

On all different purchases, you will earn 1 level per greenback spent. Since Chase Final Rewards are price 2.05 cents per level, primarily based on TPG’s March 2025 valuations, you are incomes a 6.15% return in your class bonus purchases and a 2.05% return on all different purchases.

The Ink Business Premier affords each fascinating bonus classes and robust on a regular basis earnings. With this card, you will accrue:

• 2.5% money again on each buy of $5,000 or extra
• 2% money again on each buy

Incomes no less than 2% money again on each buy is powerful however not distinctive. Many different cash-back playing cards supply the identical return, such because the Citi Double Cash® Card (see rates and fees), which earns 1% once you make a purchase order and 1% once you pay that buy off, and the Capital One Spark Cash Plus.

However if you happen to typically make massive purchases over $5,000, then incomes that additional half p.c in money again can prevent some huge cash in the long run.

Winner: Tie. When you’re trying to simplify your corporation bills and simply have one card for every little thing, the Ink Enterprise Premier is the winner. However the Ink Enterprise Most well-liked gives you extra redemption choices, because it earns transferable rewards.

With the Ink Business Preferred, along with redeeming your factors for money — the place 1 level is price 1 cent — you can too use them towards journey in two completely different varieties. You’ll be able to both redeem factors towards journey reservations by way of Chase Journey, the place factors are price 1.25 cents every, or switch them to one in every of Chase’s valuable transfer partners.

TPG bank cards editor Olivia Mittak loves utilizing her Final Rewards factors for Hyatt stays. She lately redeemed 12,000 factors for a three-night keep on the Hyatt Home Frankfurt Eschborn in Germany.

TPG estimates Chase Final Rewards factors to be price 2.05 cents apiece as of March 2025 once you leverage these switch companions, because of the variety of choices they open up. Factors will also be redeemed for reward playing cards, by way of PayPal and at Amazon checkout.

With the Ink Business Premier, nevertheless, your redemption choices are extra restricted. You may get constant worth out of every redemption methodology, nevertheless, which can be favorable for enterprise house owners with out loads of time on their palms. Ink Enterprise Premier cardholders can redeem their rewards for money again, reward playing cards, journey, at Amazon checkout and with PayPal.

Sadly, the rewards you earn on the Ink Enterprise Premier cannot be transferred to Chase’s airline and lodge companions.

Winner: Ink Enterprise Most well-liked. It has many extra choices and the rewards you earn are price considerably extra.

Associated: Maximizing Chase Ultimate Rewards

The brief reply — it relies upon. If you do not have a premium Chase Final Rewards card that lets you redeem factors towards journey, then the Ink Business Preferred is a superb alternative. But when your spending classes are way more diversified (or do not embrace these elevated bonus classes) and you like to earn money again, you will be higher off with the Ink Business Premier.

For a mid-tier bank card, each are sturdy decisions for business credit cards, in their very own method. The 2 playing cards supply nice methods to earn factors or money again, whereas additionally providing advantages that can assist shield you in a time of want.

Additionally, if you have already got the Ink Enterprise Most well-liked card, that does not forestall you from making use of for the Ink Enterprise Premier. Combining the advantages of each can really enable your corporation to earn a plethora of factors and money again, providing you with extra rewards in your pocket so you possibly can take a step away from work in some unspecified time in the future and really take pleasure in a trip.

To be taught extra, learn our full evaluations of the Ink Business Preferred and Ink Business Premier.

Apply right here: Ink Business Preferred
Apply right here: Ink Business Premier