Ink Business Preferred® Credit Card: Power Up Your Business Spending with Unmatched Rewards
The Ink Business Preferred® Credit Card, issued by Chase, is one of the most powerful tools available for small business owners who want to get more out of every dollar they spend. Whether you’re paying for advertising, cloud services, shipping, or travel, this card rewards your business expenses in a way that few others can match.
Right from the start, you can earn a generous welcome bonus—typically 100,000 Ultimate Rewards® points after spending $8,000 in the first 3 months. That’s worth $1,000 in cash back or $1,250 when redeemed for travel through the Chase Ultimate Rewards® portal.
The card offers 3x points on the first $150,000 spent annually in combined purchases across major business categories including shipping, advertising on social media and search engines, internet, cable and phone services, and travel. All other purchases earn 1 point per dollar, with no limit on how many points you can accumulate.
Not only is the Ink Business Preferred® a top earner, it’s also a top protector. You get cell phone protection, trip cancellation/interruption insurance, purchase protection, and extended warranty coverage, all at no additional cost.
With a modest $95 annual fee, no foreign transaction fees, and the ability to combine points with other Chase cards for maximum redemption value, this card is a no-brainer for businesses aiming to maximize return on essential expenses.
Why the Ink Business Preferred® Is a Smart Investment for Your Business
Massive Welcome Bonus
Earn 100,000 bonus points after spending $8,000 in the first 3 months. When redeemed through Chase Ultimate Rewards®, that’s worth $1,250 in travel—a game-changing boost to your business budget or a personal getaway.3x Points on Key Business Categories
This card gives you 3x points on up to $150,000 per year spent on travel, shipping, internet, cable, phone services, and digital ads—covering the most common and costly areas for small businesses. After reaching the cap, you’ll still earn 1x on all other purchases.Flexible Redemption Options
Points can be redeemed for cash back, gift cards, travel, or transferred 1:1 to top airline and hotel partners. This flexibility allows you to extract maximum value from every reward point earned.Robust Purchase and Travel Protection
The card includes trip cancellation insurance, rental car coverage, cell phone protection (up to $1,000 per claim), and extended warranties, making it not just a rewards card, but a safety net for your business assets.
A Few Considerations Before You Apply
$95 Annual Fee
While the fee is modest compared to other premium business cards, it’s still a factor for very small businesses or startups with tight margins. That said, the value of the welcome bonus alone can offset the annual fee for several years, and the ongoing rewards far exceed the cost if you use the card strategically.Spending Cap on 3x Bonus Categories
The 3x points apply only to the first $150,000 spent per year across combined bonus categories. For businesses with higher spend levels, purchases beyond that limit will earn just 1x. However, this cap is quite generous and likely sufficient for most small to mid-sized businesses.
How to Apply for the Ink Business Preferred® Credit Card
Applying for the Ink Business Preferred® Credit Card is simple and entirely online, though there are a few important details to keep in mind. Chase requires that applicants operate a business or side hustle—anything from freelance work to a full-time LLC. You don’t need to be incorporated, but you must have a source of business income and be prepared to list your business name and revenue on the application.
Having a strong personal credit score (typically 700+) is essential, and Chase will conduct a personal credit inquiry during the approval process. Also, consider your 5/24 status, as Chase generally declines applications from users who’ve opened five or more credit cards in the past 24 months.
Once approved, you can expect to receive your card within 7–10 business days. You can start using the card immediately upon activation to earn points on eligible business expenses.
Go to the Chase official website.
Find the Ink Business Preferred® product page under “Business Credit Cards.”Click “Apply Now.”
Begin the secure online application.Enter business and personal information.
Provide your legal business name, type, income, tax ID (or SSN), and personal details.Review and submit.
Double-check all your data before submitting for approval.Wait for approval and activate your card.
Most applicants get an instant decision. Once approved, your card will be mailed promptly.
The Ink Business Preferred® Credit Card stands out as one of the most valuable credit cards for small business owners in the U.S.—combining generous point-earning potential, comprehensive protections, and flexible redemption options all in one package.
The initial 100,000-point welcome bonus sets the tone, offering a significant return that can be used for business travel, reinvestment, or even personal rewards. The 3x points across essential business categories ensure that your largest expenses also become your biggest point-earners, helping you reinvest value back into your company.
This card doesn’t just reward your spending—it protects it. With cell phone insurance, trip protections, and purchase coverage, it becomes an important part of your business continuity strategy. Add in no foreign transaction fees, and it’s also a reliable companion for international work trips or sourcing suppliers overseas.
Yes, there’s a $95 annual fee, but for most businesses, it will feel negligible compared to the returns. The spending cap on bonus categories is another factor to consider, but most small to medium businesses will find the limit more than sufficient.
In conclusion, if you’re running a business and want to optimize spending, access premium travel rewards, and gain peace of mind, the Ink Business Preferred® Credit Card is a smart, high-ROI choice. It’s more than just a payment method—it’s a growth tool for serious entrepreneurs.
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