Ink Business Preferred® Credit Card Review | 100,000 Bonus Points

The card_name is a business card designed for small business owners who want an excellent signup bonus and generous rewards. But is the card worth the annual fee? We dive into the details and your approval odds in this Chase Ink Preferred review.

Our Rating
4.9/5.0

Welcome Offer
New Cardmember Offer! Earn 100,000 bonus points

Annual Fee
$95

0% on Purchases
N/A

Reward Rate
1-3x points

0% on Balance Transfers
N/A

Welcome Offer

New Cardmember Offer! Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsExtended Warranty Coverage, Purchase Protection, 24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver, Emergency Travel Assistance, Roadside Assistance, Trip Cancellation Insurance

Rewards

1x points
On all other eligible purchases
Earn 1 point per $1 on all other purchases
3x points
All eligible purchases
Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year.

Interest Rates & Fees

Annual Fee$95
Foreign Transaction Fee$0
Regular APR21.24%-26.24% (V) APR

What Credit Score Is Required to Get the Ink Business Preferred® Credit Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved01/02/2022
750
Equifax
$20,000
Approved01/02/2022
757
Experian
$20,000
Approved10/23/2020
748
Equifax
$21,000
Approved10/23/2020
765
Experian
$21,000
Approved05/10/2021
690
Experian
$10,000
Approved03/23/2018
739
Experian
$25,000
Approved04/25/2019
782
Experian
$9,000
Denied08/27/2019
729
Experian
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Pros
  • Welcome offer
  • No foreign transaction fee
  • Earns Chase Ultimate Rewards points
  • Earn up to 3x points
Cons
  • Annual fee
  • Requires good credit

What Are the Best Alternatives?

Ink Business Cash® Credit Card
Ink Business Cash® Credit Card

Rating

4.9

Rewards Range

1%-5%

Annual Fee

$0

Capital One Spark Cash Select for Excellent Credit
Capital One Spark Cash Select for Excellent Credit

Rating

4.7

Rewards Range

1.5% - 5%

Annual Fee

$0

U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®

Rating

4.8

Rewards Range

1% - 5% Cash Back

Annual Fee

$0

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