Ink Business Preferred℠ Credit Card, Ink Business Cash℠ Credit Card and Ink Business Unlimited℠ Credit Card: What’s the best Chase Ink business credit card of 2018?

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In a Nutshell

A Chase® Ink business card could help small-business owners save money on work expenses.

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Small-business owners could save with a Chase® Ink business card.

Whether you’re an eBay seller who needs to cut shipping costs or looking to pay your shop’s internet bill, you ought to be rewarded for the money you spend on your growing business.

Without further ado, let’s take a look at the best Chase® Ink business cards of 2018.

At a glance: Ink Business Preferred℠ Credit Card vs. Ink Business Cash℠ Credit Card vs. Ink Business Unlimited℠ Credit Card

Ink Business Preferred℠ Credit Card 

Ink Business Cash℠ Credit Card

 Ink Business Unlimited℠ Credit Card

Annual fee

$95

$0

$0

Sign-up bonus

  • 80,000 bonus points after spending $5,000 on purchases in the first 3 months after opening the account.
  • $500 bonus cash back after spending $3,000 on purchases in the first 3 months after opening the account.
  • $500 bonus cash back after spending $3,000 on purchases in the first 3 months after opening the account.

Rewards

  • Three points per dollar spent on the first $150,000 in combined purchases on travel and select business categories each account anniversary year (then 1 point per $1).
  • 1 point per dollar spent on all other purchases.
  • 5% cash back per dollar on the first $25,000 spent each account anniversary year in combined purchases of internet, cable, phone services and at office supply stores (then 1%).
  • 2% cash back per dollar on the first $25,000 spent each account anniversary year on combined purchases at gas stations and restaurants (then 1%).
  • 1% cash back per dollar spent on all other purchases.
  • 1.5% cash back per dollar spent on purchases.

Foreign transaction fee

$0 3% 3%

APR

  • 17.99% - 22.99% variable APR on purchases and balance transfers
  • 0% intro APR on purchases and balance transfers for 12 months from account opening. Then 15.24% - 21.24% variable APR on both purchases and balance transfers after. Balance transfer fee is 5% (minimum $5)
  • 0% intro APR on purchases and balance transfers for 12 months from account opening. Then 15.24% - 21.24% variable APR on both purchases and balance transfers after. Balance transfer fee is 5% (minimum $5)

  1. Best for sign-up bonus
  2. Best for earning and redeeming points
  3. Best for card benefits
  4. Best for annual fee
  5. Heads up: What to consider when applying for a Chase® Ink business credit card
  6. Bottom line: What’s our pick for the best Chase® Ink business credit card in 2018?

Best for sign-up bonus

The Ink Business Preferred℠ Credit Card features an eye-popping 80,000-point sign-up bonus after you spend $5,000 on purchases in the first 3 months following account opening. That’s worth $1,000 when you redeem toward travel through Chase Ultimate Rewards®.

The $5,000 spending requirement may be out of reach for some, but if your spending averages at least $1,667 per month on purchases for those first 3 months — or you’re planning to make a big purchase (say, buying a new laptop) during that time — you might as well get rewarded for the money you spend.

On the other hand, if you’re trying to cut down on expenses or the spend requirement is out of your budget and you need a more attainable sign-up bonus, the Ink Business Cash℠ Credit Card and Ink Business Unlimited℠ Credit Card each offer $500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening.

Winner: The Ink Business Preferred℠ Credit Card

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Ink Business Preferred℠ Credit Card

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Best for earning and redeeming points

The Ink Business Cash℠ Credit Card could help you save money on operating costs. You’ll earn 5% cash back for every dollar you spend on the first $25,000 in combined purchases of internet, cable, phone services and at office supply stores each account anniversary year.

You’ll also earn 2% cash back per dollar spent on the first $25,000 spent each account anniversary year on combined purchases at gas stations and restaurants. That’s a nice perk for if your business spends a lot on gas, as well as professionals who like to treat their clients to a nice dinner.

The Ink Business Preferred℠ Credit Card is a good option for professionals who travel a lot for business. You’ll earn three points for every dollar you spend on the first $150,000 each account anniversary year in combined purchases on travel and select business categories.

When you have a big business trip coming up, you can redeem your points for travel through Chase Ultimate Rewards® where your points are worth 25% more. You can also transfer points to select airline and hotel travel partners.

The Ink Business Unlimited℠ Credit Card offers the most consistent rewards. You’ll earn 1.5% cash back for every dollar you spend on qualifying purchases. The other two cards may offer a higher earning potential, but this card raises the baseline for business owners who are too busy running their companies to waste time thinking about which card to use to maximize reward categories.

Winner: The Ink Business Cash℠ Credit Card

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Ink Business Cash℠ Credit Card

From cardholders in the last year

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Best for card benefits

The Ink Business Preferred℠ Credit Card offers cellphone protection. You and your employees can qualify for up to $600 per claim for covered theft or damage for you and your employees listed on your monthly cellphone bill when you pay the bill with your card. Keep in mind, there’s a $100 deductible per claim, and there’s a limit of three claims per 12-month period.

The Ink Business Preferred℠ Credit Card has no foreign transaction fees. You’ll also be reimbursed for up to $5,000 per trip in pre-paid nonrefundable travel expenses if your trip is canceled for a covered situation such as severe weather or if you get sick.

Winner: The Ink Business Preferred℠ Credit Card

Best for annual fee

 If you’re fundamentally opposed to paying an annual fee, the Ink Business Cash℠ Credit Card or Ink Business Unlimited℠ Credit Card might be a good fit for you.

Neither card charges an annual fee.

 The Ink Business Preferred℠ Credit Card, on the other hand, carries a $95 annual fee.

 Winner: The Ink Business Cash℠ Credit Card or Ink Business Unlimited℠ Credit Card

From our partner

Ink Business Unlimited℠ Credit Card

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Heads up: What to consider when applying for a Chase® Ink business credit card

Here are a few things to ask yourself.

Is the annual fee worth it?

The Ink Business Preferred℠ Credit Card can offer a great value for growing businesses, but it also charges a $95 annual fee. So if you’re trying to cut expenses, you might save more money with the no-annual-fee card options: Ink Business Cash℠ Credit Card and Ink Business Unlimited℠ Credit Card.

Do you need employee cards?

All three Chase® Ink business cards offer employee cards for no additional charge.

This might be a good way to keep track of business expenses, but keep in mind you’ll be on the hook for repaying what they spend on the cards. So make sure you set clear expectations for how what should be charged on the cards. You might even want to consider placing spending limits on employee accounts.

Is it business-related?

The Chase® Ink Business cards each offer rental car collision damage waiver, but only when you’re renting the car for business purposes. So don’t make the mistake of assuming the car you rent on vacation is covered!

How often do you travel for business?

Whether you could be hit with hefty foreign transaction fees while you’re overseas depends on which Chase® Ink business card you use. While the Ink Business Preferred℠ Credit Card has no foreign transaction fee, the Ink Business Cash℠ Credit Card and Ink Business Unlimited℠ Credit Card each carry a 3% foreign transaction fee.

Bottom line: What’s the best Chase Ink business credit card in 2018?

The Ink Business Preferred℠ Credit Card is a great option if your looking for a rewards card as a small-business owner. Not only could you earn 80,000 bonus points after spending $5,000 on purchases during the first 3 months after opening the account, but you’ll also earn three points for every dollar on the first $150,000 you spend on travel and select business categories each account anniversary year.

What could you do with all those points?

Well, if you redeem them through Chase Ultimate Rewards® for travel, your points are worth 25% more.

But if you prefer to save money on the annual fee, take a look at the Ink Business Cash℠ Credit Card or Ink Business Unlimited℠ Credit Card.

At a glance: Other rewards cards to consider

The Business Platinum® Card from American Express

Best high-end business card

Bank of America® Business Advantage Travel Rewards World Mastercard® credit card

Best business card with no annual fee

Capital One® Spark® Cash for Business

Best business card for flat-rate cash back

The Business Platinum® Card from American Express 

The Business Platinum® Card from American Express offers a two-part welcome bonus worth up to 75,000 Membership Rewards® points. You’ll earn 50,000 points after spending your first $10,000 on qualifying purchases within the first 3 months after opening the account. If you spend an additional $10,000 (for a total of $20,000 spent) on qualifying purchases during the same time period, you’ll earn another 25,000 points. You’ll also earn five points for every dollar you spend on flights and prepaid hotels on amextravel.com, and one point per dollar on all other eligible purchases. But the card comes with a $450 annual fee.

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Bank of America® Business Advantage Travel Rewards World Mastercard® credit card 

The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card features a 25,000-point sign-up bonus after you spend $1,000 in purchases during the first 60 days after opening your account. This card offers an unlimited 1.5 points for every dollar you spend on purchases, and you can earn three points per dollar on travel purchases made through the Bank of America® Travel Center – powered by Orbitz®. All that with a $0 annual fee.

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Capital One® Spark® Cash for Business

The Capital One® Spark® Cash for Business features a one-time $500 cash bonus after you spend $5,000 on purchases during the first three months from opening the account, plus another $1,500 if you spend $50,000 on purchases in the first six months (as a limited time offer). You’ll also receive unlimited 2% cash back on all of your purchases. The Capital One® Spark® Cash for Business has an annual fee of $0 intro, $95 after first year.

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