Ink Business Preferred® Credit Card vs. Ink Business Cash® Credit Card

ByGail Kellner

Editorial Note: We earn a commission from partner links on Allcards. Commissions do not affect our authors’ or editors’ opinions or evaluations. From our partners: See our advertiser disclosure here.

Ink Business Preferred® Credit Card

Overall Rating
4.9

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

Rewards Range
1-3x points

Annual Fee
$95

Regular APR
21.24%-26.24%

0% APR on Purchases
N/A

0% APR on Balance Transfers
N/A

Foreign Transaction Fee
$0

Read Review

Ink Business Cash® Credit Card

Overall Rating
4.9

Welcome Offer
Earn $900 bonus cash back

Rewards Range
1%-5%

Annual Fee
$0

Regular APR
18.49% - 24.49%

0% APR on Purchases
12 months

0% APR on Balance Transfers
N/A

Foreign Transaction Fee
3% of each transaction in U.S. dollars

Read Review

Welcome Bonus

Ink Business Preferred® Credit Card: New Cardmember Offer! Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. How much are these points worth? It depends on how you redeem them. If you redeem them for cash back, they're worth about 0.01 each. If you redeem them for travel in the Chase Ultimate Rewards portal, they could be worth about $1,250, and potentially even more if you transfer the points to one of Chase's travel partners.

Ink Business Cash® Credit Card: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. This is very straightforward; cash is cash. Both cards have great welcome bonuses, with the Ink Business Cash® Credit Card being more flexible and the Ink Business Preferred® Credit Card potentially worth more. It depends on your needs.

Rewards

Ink Business Preferred® Credit Card rewards you with 3x on shipping, social media advertisement, internet, and travel, among other things. These rewards are good for the first $150,000 spent in a year and all other purchases earn 1x per dollar spent. It's also worth noting that points on this card are worth 25% more when you use them to book travel through Chase.

Ink Business Cash® Credit Card gets you 5% cash back on purchases at office supply stores, and on cable, internet, and phone services, up to $25,000 a year. You also get 2% cash back on purchases at gas stations and restaurants, and 1% cash back on everything else.

Which card is best for you comes down to where your business spends the most money. The Ink Business Preferred® Credit Card has a much higher cap, so it may work better for businesses that know they spend more than $25,000 a year on business expenses. Startups and smaller businesses may find the Ink Business Cash® Credit Card to be a better fit.

Here are the details for each card.

Ink Business Preferred® Credit Card

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.

Ink Business Cash® Credit Card

1% cash back
On all other eligible purchases
2% cash back
Dining
Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.
2% cash back
Gas
Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.
5% cash back
Select Categories
Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year

Rates and Fees

Ink Business Preferred® Credit Card has an annual fee of $95. The Ink Business Cash® Credit Card has no annual fee. It also offers 0% APR on purchases for the first 12 months, whereas the Ink Business Preferred® Credit Card does not have a 0% Intro APR offer. This is an easy win for the Ink Business Cash® Credit Card, unless you plan to travel internationally. In that case, the Ink Business Preferred® Credit Card is a better choice because it doesn't have foreign transaction fees.

Who the Ink Business Preferred® Credit Card is Best For

The Ink Business Preferred® Credit Card is an excellent card for business owners who travel a lot, especially if you travel internationally or have employees who do. This is an especially valuable card for businesses that spend a lot on shipping and social media advertising. And the welcome bonus is worth the most if you transfer the points to a Chase partner, such as an airline or a hotel.

Who the Ink Business Cash® Credit Card is Best For

Businesses that are just starting out will appreciate the 0% APR introductory offer from the Ink Business Cash® Credit Card, and they will also appreciate that this card has no annual fee. The rewards will come in handy, and you'll enjoy 5% cash back on office supplies, internet, cable and phone charges–a great savings for any small business.

Does it make sense to get both cards?

You could get both cards, but keep in mind to get both bonuses, you'll have to spend $21,000 in three months. Also, since both cards are issued by Chase, you will need to be aware of the 5/24 rule. This means that Chase will likely not approve anyone if they have opened five or more accounts in the past 24 months. To apply for a Chase business card, you need to be under the 5/24 rule, but once you are approved, the card is considered a business card and doesn't count toward future applications. Yes, it is confusing. To further complicate matters, Chase counts some business cards in the 5/24 rule and doesn't count others.

Another rule you need to be aware of is the 2/30 rule, which means you likely won't be approved for more than two Chase cards in the same month.

Approval Odds

The credit score data listed below comes from publicly available information in a number of forums. The accuracy of the information cannot be verified. Keep in mind that credit card issuers consider more than an applicant’s credit score and that underwriting standards change over time.

Ink Business Preferred® Credit Card

Credit Score of Approved and Denied Applications

Ink Business Cash® Credit Card

Credit Score of Approved and Denied Applications

You need excellent credit for either card. The Ink Business Preferred® Credit Card tends to offer higher credit limits, which makes sense since this is a card aimed at larger businesses.

Gail Kellner is an editorial assistant and contributing writer for Allcards.com and DoughRoller.net. According to family lore, money was one of her first words (“Mun-ya”) and ever since then, she’s been fascinated with money and investing. She has a B.A. in Psychology from Western CT State University and an M.S. in College Student Personnel from Indiana State University. She lives with her husband, two sons, and various fur-children in Westfield, MA. In her spare time, she writes YA and children’s fiction, reads, and enjoys a good nap.