Chase
Chase Ink Business Preferred
Large welcome offer worth an estimated $2050
- Annual fee
- $95
- Welcome offer
- ~$2,050
- Annual benefits value
- $505
- Est. 1st-year value
- $2,555
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Our review
The Chase Ink Business Preferred is one of the most well-rounded small-business travel rewards cards available, and it is often considered the flagship of the Chase Ink lineup. For a modest annual fee, it delivers strong bonus rewards in common business categories along with access to Chase Ultimate Rewards transfer partners.
It ranks highly in our business category because it balances cost and capability well. The card earns elevated rewards on a set of practical business categories up to a generous annual cap, and it lets owners transfer points to airline and hotel partners, which is uncommon for a card at this price.
The card earns bonus rewards on travel, shipping, internet, cable, and phone services, and on social media and search engine advertising, up to a combined annual spending cap, with all other purchases earning a base rate. That category mix maps closely to how many small businesses actually spend.
We like this card because it packages flexible travel rewards, a large welcome bonus, and useful protections into a business card that does not demand a premium fee. It is a strong anchor for a Chase business points strategy.
This card is best suited for small-business owners who spend across travel, shipping, and advertising and who want transferable rewards. Businesses that spend mostly on office supplies or telecom, or that prefer simple cash back, may do better with an Ink cash-back card.
Why we like it
- Elevated rewards on a practical set of business categories, including travel, shipping, advertising, and telecom services, up to a generous combined annual cap.
- Access to Chase transfer partners, so points can be moved to airline and hotel loyalty programs for potentially high-value redemptions.
- A large welcome bonus for a card with a modest annual fee.
- Cell phone protection when you pay your monthly bill with the card, subject to a per-claim limit, a deductible, and an annual claim cap.
- No foreign transaction fees, which helps businesses that buy from overseas suppliers or travel internationally.
Who it's best for
- Small-business owners with meaningful spend across travel, shipping, and advertising.
- Businesses that want transferable travel rewards without a premium annual fee.
- Owners building a Chase Ultimate Rewards strategy who want a lower-cost complement to a Sapphire card.
Welcome bonus
The Chase Ink Business Preferred currently offers a large welcome bonus of Ultimate Rewards points after you spend a required amount on purchases within the first few months. The exact bonus and spend requirement can change, so confirm the current offer and its estimated value shown above.
Business cards like this one are generally not subject to the Chase 5/24 rule for approval in the same way personal cards are, but Chase eligibility rules still apply to the bonus itself.
Using your rewards
Points can be transferred to Chase airline and hotel partners, redeemed for travel through Chase Travel, or used for cash back and other options. Transferring to partners generally offers the most value.
The card transfers to the same Chase partners as the rest of the lineup, including World of Hyatt, Marriott Bonvoy, IHG One Rewards, Wyndham Rewards, United MileagePlus, Southwest Rapid Rewards, JetBlue TrueBlue, Air Canada Aeroplan, Air France-KLM Flying Blue, British Airways Club, Iberia Plus, Aer Lingus AerClub, Virgin Atlantic Flying Club, and Singapore Airlines KrisFlyer.
Points can also be combined with other Chase cards in your household, which can raise the value of rewards earned on cash-back Ink cards.
Airport lounge access
No. The Chase Ink Business Preferred does not include airport lounge access. Business owners who want lounge access should look at the Sapphire Reserve for Business.
Foreign transaction fees
The Chase Ink Business Preferred charges no foreign transaction fees, which makes it a practical choice for international purchases and business travel abroad.
Major credits & annual benefits
Cell phone protection is the standout ongoing benefit, providing coverage against damage or theft when you pay your monthly cell phone bill with the card, subject to a per-claim limit, a deductible, and a cap on the number of claims per year.
The card does not carry the broad statement-credit package found on the premium Sapphire cards, so its value comes mainly from earning and transfer flexibility rather than coupon-style credits.
Insurance & protections
In addition to cell phone protection, the card generally includes travel protections and purchase protections that are useful for business spending.
These benefits typically require paying with the card and are subject to limits, exclusions, and claim procedures. Review the current benefit guide before relying on any coverage.
Fees & tradeoffs
The annual fee is modest, which makes the card easy to justify for most active businesses. The main tradeoff is the combined annual cap on bonus categories, which limits how much elevated earning very high-spend businesses can capture.
It also lacks premium perks like lounge access, so businesses that want those will need a higher-fee card.
Final verdict
The Chase Ink Business Preferred is one of the best all-around business rewards cards for the money. For businesses that spend across its bonus categories, the welcome bonus and ongoing earning can far exceed the annual fee, as reflected in the estimated first-year value shown above.
Businesses focused on office supplies and telecom, or those that simply want cash back, may prefer an Ink cash-back card, but for transferable travel rewards this is the standout choice in the Ink family.
Card details change often. Verify current rates, fees, welcome offers, credits, and benefit terms with the issuer before applying.
Is this card worth it for you?
Check the benefits you’d realistically use and see your personalized total value below. This is a personal estimate — actual value depends on your spending. Verify terms with the issuer.
- Selected benefits
- $600
- Welcome offer
- $2,050
- Annual fee
- −$95
- Estimated first-year net
- +$2,555
Welcome offer
Welcome offer value
Earn 100,000 points after $8,000 in spend within 3 months
$2,050
Spend requirements apply. Verify current offer with the issuer. How we calculate this
Benefits & credits
Total benefits & credits value
Estimated annual value of all tracked perks
$600
| Benefit | Frequency | Est. annual value |
|---|---|---|
Cell Phone Protection Up to $600 per claim (3 claims/year, $100 deductible) for cell phone damage or theft when you pay your monthly bill with this card. | Annual | $600 |
Earning rates
Who it's for
Consider it if
- Large welcome offer worth an estimated $2050
- Ongoing benefits can outweigh the annual fee if used
- Points transfer to travel partners
Maybe skip it if
- Best value requires learning transfer partners
Fees & details
- Annual fee
- $95
- Foreign transaction fee
- None
- Card network
- Varies
- Recommended credit
- Good to Excellent (690+)
- Rewards currency
- Chase Ultimate Rewards
- Last updated
- 2026-07-25
Details are estimates and may be out of date. View issuer terms. Verify all rates, fees, and offers with the issuer before applying.
How it compares
| Annual fee | $95 | $895 | $895 |
|---|---|---|---|
| Welcome offer | ~$2,050 | ~$3,000 | ~$3,000 |
| Est. 1st-year value | $2,555 | $5,160.40 | $4,684 |
| Annual benefits value | $505 | $2,160.40 | $1,684 |
| Editor rating | 5.0 / 5 | 5.0 / 5 | 5.0 / 5 |
| Points earning structure |
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| Transfer partners | |||
| Lounge access | |||
| No foreign txn fee | |||
| Recommended credit | Good to Excellent (690+) | Good to Excellent (690+) | Good to Excellent (690+) |
