Senior writer | Small business banking and credit cards, Paycheck Protection Program, consumer spending, and household finances
Kelsey Sheehy is a NerdWallet authority on small business. Her work has appeared in The New York Times, The Washington Post, Nasdaq and MarketWatch, among other publications. Kelsey has appeared on the <a href="https://www.today.com/video/christmas-in-july-sales-to-take-advantage-of-now-64075333536">"Today"</a> show, <a href="https://www.nbcnews.com/nightly-news/video/tax-code-changes-leave-many-americans-with-unhappy-returns-1440385091860">NBC News</a> and <a href="https://abcnews.go.com/WNT/video/cost-smartphones-reaching-time-high-54166111">"ABC World News Tonight"</a> and has been quoted by the Los Angeles Times, CNBC and American Banker, among other publications. Email: <a href="mailto:ksheehy@nerdwallet.com">ksheehy@nerdwallet.com</a>.
Senior writer | Small business banking and credit cards, Paycheck Protection Program, consumer spending, and household finances
Kelsey Sheehy is a NerdWallet authority on small business. Her work has appeared in The New York Times, The Washington Post, Nasdaq and MarketWatch, among other publications. Kelsey has appeared on the <a href="https://www.today.com/video/christmas-in-july-sales-to-take-advantage-of-now-64075333536">"Today"</a> show, <a href="https://www.nbcnews.com/nightly-news/video/tax-code-changes-leave-many-americans-with-unhappy-returns-1440385091860">NBC News</a> and <a href="https://abcnews.go.com/WNT/video/cost-smartphones-reaching-time-high-54166111">"ABC World News Tonight"</a> and has been quoted by the Los Angeles Times, CNBC and American Banker, among other publications. Email: <a href="mailto:ksheehy@nerdwallet.com">ksheehy@nerdwallet.com</a>.
Ryan Lane is an editor on the small-business team and a NerdWallet authority on student loans. He spent more than a decade as a writer and editor for student loan guarantor American Student Assistance and was a managing editor for publisher Cell Press. Ryan’s work has been featured by The Associated Press, USA Today and MarketWatch, and he previously co-authored the U.S. News & World Report Student Loan Ranger blog. Email: <a href="mailto:rlane@nerdwallet.com”">rlane@nerdwallet.com</a>.
Ryan Lane is an editor on the small-business team and a NerdWallet authority on student loans. He spent more than a decade as a writer and editor for student loan guarantor American Student Assistance and was a managing editor for publisher Cell Press. Ryan’s work has been featured by The Associated Press, USA Today and MarketWatch, and he previously co-authored the U.S. News & World Report Student Loan Ranger blog. Email: <a href="mailto:rlane@nerdwallet.com”">rlane@nerdwallet.com</a>.
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It undergoes a thorough review process involving writers and editors to ensure
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Content was accurate at the time of publication.
Why trust NerdWallet
250+ small-business products reviewed and rated by our team of experts.
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Objective comprehensive business credit card ratings rubric (Methodology).
NerdWallet's business credit card content, including our ratings, reviews and recommendations, is overseen by a team of writers and editors who specialize in business credit cards. Their work has appeared in The Associated Press, Washington Post, MarketWatch, Nasdaq, Entrepreneur, ABC News, MSN and other national and local media outlets. Each writer and editor follows NerdWallet's strict editorial guidelines to ensure fairness and accuracy in our coverage. We independently evaluate and rate dozens of small-business credit cards, scoring them on fees, rewards rates, bonus offers and other features to help you choose the best business card for your company.
Advertiser disclosure
You’re our first priority.
Every time.
We believe everyone should be able to make financial decisions with
confidence. And while our site doesn’t feature every company or
financial product available on the market, we’re proud that the guidance
we offer, the information we provide and the tools we create are
objective, independent, straightforward — and free.
So how do we make money? Our partners compensate us. This may influence
which products we review and write about (and where those products
appear on the site), but it in no way affects our recommendations or
advice, which are grounded in thousands of hours of research. Our
partners cannot pay us to guarantee favorable reviews of their products
or services. Here is a list of our partners .
Senior writer | Small business banking and credit cards, Paycheck Protection Program, consumer spending, and household finances
Kelsey Sheehy is a NerdWallet authority on small business. Her work has appeared in The New York Times, The Washington Post, Nasdaq and MarketWatch, among other publications. Kelsey has appeared on the <a href="https://www.today.com/video/christmas-in-july-sales-to-take-advantage-of-now-64075333536">"Today"</a> show, <a href="https://www.nbcnews.com/nightly-news/video/tax-code-changes-leave-many-americans-with-unhappy-returns-1440385091860">NBC News</a> and <a href="https://abcnews.go.com/WNT/video/cost-smartphones-reaching-time-high-54166111">"ABC World News Tonight"</a> and has been quoted by the Los Angeles Times, CNBC and American Banker, among other publications. Email: <a href="mailto:ksheehy@nerdwallet.com">ksheehy@nerdwallet.com</a>.
Senior writer | Small business banking and credit cards, Paycheck Protection Program, consumer spending, and household finances
Kelsey Sheehy is a NerdWallet authority on small business. Her work has appeared in The New York Times, The Washington Post, Nasdaq and MarketWatch, among other publications. Kelsey has appeared on the <a href="https://www.today.com/video/christmas-in-july-sales-to-take-advantage-of-now-64075333536">"Today"</a> show, <a href="https://www.nbcnews.com/nightly-news/video/tax-code-changes-leave-many-americans-with-unhappy-returns-1440385091860">NBC News</a> and <a href="https://abcnews.go.com/WNT/video/cost-smartphones-reaching-time-high-54166111">"ABC World News Tonight"</a> and has been quoted by the Los Angeles Times, CNBC and American Banker, among other publications. Email: <a href="mailto:ksheehy@nerdwallet.com">ksheehy@nerdwallet.com</a>.
Ryan Lane is an editor on the small-business team and a NerdWallet authority on student loans. He spent more than a decade as a writer and editor for student loan guarantor American Student Assistance and was a managing editor for publisher Cell Press. Ryan’s work has been featured by The Associated Press, USA Today and MarketWatch, and he previously co-authored the U.S. News & World Report Student Loan Ranger blog. Email: <a href="mailto:rlane@nerdwallet.com”">rlane@nerdwallet.com</a>.
Ryan Lane is an editor on the small-business team and a NerdWallet authority on student loans. He spent more than a decade as a writer and editor for student loan guarantor American Student Assistance and was a managing editor for publisher Cell Press. Ryan’s work has been featured by The Associated Press, USA Today and MarketWatch, and he previously co-authored the U.S. News & World Report Student Loan Ranger blog. Email: <a href="mailto:rlane@nerdwallet.com”">rlane@nerdwallet.com</a>.
NerdWallet's content is
fact-checked for accuracy, timeliness, and relevance by humans.
It undergoes a thorough review process involving writers and editors to ensure
the information is as clear and complete as possible. Learn more by checking
our
Editorial Guidelines.
Content was accurate at the time of publication.
Why trust NerdWallet
250+ small-business products reviewed and rated by our team of experts.
80+ years of combined experience covering small business and personal finance.
Objective comprehensive business credit card ratings rubric (Methodology).
NerdWallet's business credit card content, including our ratings, reviews and recommendations, is overseen by a team of writers and editors who specialize in business credit cards. Their work has appeared in The Associated Press, Washington Post, MarketWatch, Nasdaq, Entrepreneur, ABC News, MSN and other national and local media outlets. Each writer and editor follows NerdWallet's strict editorial guidelines to ensure fairness and accuracy in our coverage. We independently evaluate and rate dozens of small-business credit cards, scoring them on fees, rewards rates, bonus offers and other features to help you choose the best business card for your company.
Advertiser disclosure
You’re our first priority.
Every time.
We believe everyone should be able to make financial decisions with
confidence. And while our site doesn’t feature every company or
financial product available on the market, we’re proud that the guidance
we offer, the information we provide and the tools we create are
objective, independent, straightforward — and free.
So how do we make money? Our partners compensate us. This may influence
which products we review and write about (and where those products
appear on the site), but it in no way affects our recommendations or
advice, which are grounded in thousands of hours of research. Our
partners cannot pay us to guarantee favorable reviews of their products
or services. Here is a list of our partners .
Ink Business Premier® Credit Card
Overview
SOME CARD INFO MAY BE OUTDATED
This page includes information about Ink Business Premier® Credit Card, currently unavailable on NerdWallet. The information about Ink Business Premier® Credit Card has been collected by NerdWallet and has not been provided or reviewed by the card issuer.
The bottom line:
A big welcome bonus and cash-back boost make this a card for businesses that regularly purchase big-ticket items. Otherwise, it’s hard to justify the annual fee.
Credit card details
Annual fee
$195
Regular APR
Flex for Business Variable APR: 18.49%-26.49%
Intro APR
N/A
Rewards rate
2%-5%
Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases. Earn unlimited 5% total cash back on travel purchased through Chase Travel℠.
Cashback
Foreign transaction fee
$0
Intro offer
$1,000
Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
Pros & Cons
Pros
High rewards rate
New cardholder bonus offer
No foreign transaction fees
No reward caps
Cons
High annual fee
Purchases that don't qualify for Flex for Business must be paid in full every month
More details from Chase
Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Travel℠, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
The only business credit card with 2.5% cash back on every purchase of $5,000 or more.
Get the buying power you need to make large purchases, cover monthly expenses and help your business grow. While you must pay your Pay In Full balance each month, this card has built-in flexibility. The Flex for Business feature allows for qualifying purchases to be paid over time with interest.
Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
Member FDIC
The Ink Business Premier® Credit Card card is the newest in the Chase Ink lineup. It boasts a solid standard cash-back rate of 2% and makes a splash with a big-time signup bonus: Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
But the card’s annual fee ($195) will land with a thud for businesses that don’t spend on big-ticket items, which negates the benefit of the Ink Business Premier’s marquee feature: a cash-back boost (2.5%) on purchases of $5,000 or more.
Businesses with regular large expenses, however, can quickly recoup the annual fee and enjoy a high rewards rate with this cash-back business card — without the hassle of managing bonus categories. And there are a few travel perks to sweeten the pot, including no foreign transaction fee, available travel insurance, and 5% cash back on travel booked through Chase.
Your cash will come in the form of Chase Ultimate Rewards® points. One point equals one penny. Just don’t expect to transfer points to travel partners or net a higher redemption value by using your points for travel — two perks offered by other Chase business cards.
Also worth noting: The Ink Business Premier® Credit Card card is essentially a charge card. Chase does offer some wiggle room with its Flex for Business program, which allows cardholders to finance qualified purchases of $500 or more, up to a set limit. All other purchases must be paid in full each billing cycle. Keep that in mind if you’re racking up big charges.
Recommended credit score: FICO score of 690 or higher.
Sign-up bonus: Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
Rewards: Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases. Earn unlimited 5% total cash back on travel purchased through Chase Travel℠.
APR: 18.49%-26.49% for qualifying Flex for Business purchases.
Foreign transaction fee: None.
Other benefits:
Trip cancellation/interruption insurance and baggage delay insurance.
Cell phone protection. Terms apply.
Why you might want the Ink Business Premier® Credit Card credit card
Generous welcome bonus
The Ink Business Premier® Credit Card card boasts one of the most lucrative welcome offers out there: Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening. The bonus easily offsets the card’s $195 annual fee, assuming you meet the spending requirement (which is a substantial one).
Cash-back boost for big purchases
Purchases of $5,000 or more earn 2.5% back with the Chase Ink Business Premier, a boost over the card’s normal 2% rate. That’s an extra $25 back on a purchase of $5,000, for a total reward rate of $125 back. Or an extra $50 on a purchase of $10,000, for a total of $250 cash back. If your business regularly makes large purchases, that can add up quickly.
🤓
Nerdy Tip
Purchases that ship and bill at different times won’t qualify for the 2.5% if the amounts posted to your account are less than $5,000, regardless of the initial purchase price.
But if you rarely have a single purchase totaling $5,000 or more, consider The American Express Blue Business Cash™ Card. This card has no annual fee and a high rewards rate: Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement. Terms Apply. (See
.) Businesses that spend heavily on office supplies and telecom services (cable, phone and internet) might reap higher rewards from the Ink Business Cash® Credit Card, which pays 5% on those services.
Payment flexibility, to a point
The Ink Business Premier® Credit Card card is one part charge card, one part regular credit card. Chase’s Flex for Business program gives business owners the option to finance qualified purchases of $500 or more, up to a set credit limit (Flex for Business Variable APR: 18.49%-26.49%). Charges that don’t qualify must be paid in full each month.
This hybrid structure offers flexibility if you need it — a bonus for a card built to attract big spenders — but keeping tabs on what needs to be paid and when adds a layer of complexity that could be off-putting for some business owners. If you have the cash flow and want a straightforward charge card that rewards big spending, consider the Capital One Spark Cash Plus card. This charge card offers a comparable bonus and rewards (2% on all purchases).
Why you might want a different card
There’s an annual fee
Most cash-back cards don’t charge an annual fee, which makes the Ink Business Premier® Credit Card’s $195 annual fee a tough pill to swallow, especially if your business doesn’t regularly have big-ticket expenditures to capitalize on the Premier’s higher rewards rate. Consider The American Express Blue Business Cash™ Card or the Ink Business Unlimited® Credit Card if you want big cash-back rewards without the annual fee.
There’s no introductory 0% APR period
While Ink Business Premier® Credit Card rewards big expenses with a higher cash-back rate (2.5% on purchases of $5,000 or more), you need to pay those purchases off right away or interest charges will negate that cash-back boost. (Note: Only certain purchases qualify for Flex for Business; all others must be paid in full each month.)
A business credit card with a 0% APR period will give you some breathing room to pay off big purchases. The U.S. Bank Triple Cash Rewards Visa® Business Card, for example, offers 0% intro APR on Purchases and Balance Transfers for 12 billing cycles, and then the ongoing APR of 17.74%-26.74% Variable APR. Plus, the card earns up to 1%-5% cash back and has no annual fee.
You log a lot of business miles
For a cash-back business card, the Ink Business Premier® Credit Card card actually has some decent travel perks: no foreign transaction fees, trip cancellation insurance and 5% total cash back on travel booked through Chase. But the card doesn’t allow you to transfer points to travel partners and it doesn’t give you a higher value on rewards if they’re redeemed for travel, something other Chase business cards do offer.
And the Ink Business Premier’s basic benefits still pale in comparison to the perks offered by premium business travel cards. The Business Platinum Card® from American Express offers perks like airport lounge access and airline fee credits, plus reimbursement for TSA PreCheck or Global Entry and an annual statement credit for the Clear membership fee, allowing you to breeze past long security lines. This card does have a hefty annual fee ($895), which is offset if you use all of the card's perks and credits.
Should you get the Ink Business Premier® Credit Card credit card?
The Ink Business Premier Credit Card is best suited for businesses with frequent, big-ticket purchases totaling $5,000 or more. If that’s not your business, skip the annual fee. There are plenty of other cash-back business cards on the market with similar or higher rewards rates, especially if your spending aligns with certain bonus categories.
To view rates and fees of The American Express Blue Business Cash™ Card, see this page.
To view rates and fees of The Business Platinum Card® from American Express, see this page.