Ink Business Preferred

This card emphasizes points for travel and everyday purchases:

• Bonus Points: Earn a substantial welcome bonus of points after meeting spending requirements in the first few months. This initial point boost can jumpstart your rewards earning.
• Ongoing Points Earning: Enjoy points on everyday business purchases across various categories, potentially including office supplies, shipping, internet services, and travel. Analyze your typical business expenses to see if these categories align with your spending patterns.
• Points Redemption: Redeem your points for valuable travel rewards through Chase Ultimate Rewards®, potentially including booking flights, hotels, and car rentals. Alternatively, you can redeem points for statement credits or cash back, offering some flexibility depending on your needs.

Consider your business’s travel frequency and how well the bonus categories align with your spending to determine if the rewards program is a good fit.

The Chase Ink Business Preferred® Credit Card has an annual fee:

• Annual Fee: The card has an annual fee, so it’s crucial to evaluate if the potential rewards outweigh the annual cost. Consider your estimated annual spending and the value you can extract from the points to determine if the fee justifies the benefits.
• Reward Potential: With a high bonus offer and points on various spending categories, the card has the potential to earn significant rewards for businesses that spend heavily in the bonus categories. However, if your business doesn’t align well with these categories or has lower overall spending, the rewards might not offset the annual fee.

Carefully weigh the annual fee against the potential rewards you can earn from your business spending to decide if the card offers good value.

This card goes beyond just points and offers perks that can enhance your business operations:

• Travel Coverage: Enjoy travel insurance benefits like trip cancellation/interruption coverage and rental car damage waiver, potentially offering peace of mind for business travel.
• Purchase Protection: Benefit from purchase protection against theft or damage for eligible purchases made with the card.
• Employee Cards: Add employee cards to your account, allowing you to delegate spending and potentially track employee expenses more efficiently.

These additional benefits can add value to the card beyond just the points earning potential.

The Chase Ink Business Preferred® Credit Card does not directly offer complimentary airport lounge access:

• Limited Lounge Access: The card itself doesn’t grant automatic access to airport lounges. However, you might be eligible for complimentary entry through other programs, such as Priority Pass memberships earned through certain travel rewards programs or cards co-branded with airlines or lounge networks (separate enrollment and eligibility requirements might apply).

If lounge access is a priority for your business travel, explore the card’s potential for earning points that can be transferred to travel partner programs that offer lounge access benefits.

The card offers some benefits for international business travel:

• No Foreign Transaction Fees: Enjoy the convenience of using the card internationally without incurring additional foreign transaction fees, potentially saving you money on purchases made in foreign currencies.
• Chip and PIN Technology (potential): The card might utilize chip and PIN technology for added security when making international transactions (chip and PIN usage might vary depending on the merchant’s terminal capabilities).

The absence of foreign transaction fees and potential chip and PIN technology can be valuable assets for business owners who travel internationally. However, it’s still recommended to check with Chase regarding any specific requirements or limitations for international card usage.