Whether you’re looking for your first business credit card or your fifth credit card, Ink Business Preferred® Credit Card (see rates and fees) is a good option.
The $95 annual fee is a steal, especially compared to popular annual fees American Express® Business Gold Card$375 per year (see Rates and Fees), and American Express Business Platinum Card®annual fee is $895 (see rates and fees).
Here are five reasons why Ink Business Preferred is worth buying.
Impressive welcome bonus
along with The first choice for ink businessyou will receive 100,000 bonus points when you spend $8,000 in purchases within the first three months of account opening.
Chase Ultimate Rewards points are one of the most valuable transferable points. In fact, according to TPG’s February 2026 valuation, the bonus is worth $2,050.
While $8,000 is certainly a large expense for an individual, many small businesses can easily access this bonus. At the end of the day, you know your spending patterns better than anyone and can evaluate whether you can achieve the spending requirements for this welcome bonus.
Those 100,000 Chase Ultimate Rewards points are available for amazing redemptions. For example, you can transfer points to Virgin Atlantic Flying Club to book yourself a round-trip flight to Europe in a Delta One Business Class Suite.
Related: Chase Credit Card: Best time to apply based on offer history
Useful Bonus Categories for Small Businesses
Chase Ultimate Rewards points are easy to accumulate because of the card’s bonus categories.
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You’ll earn 3 points per dollar spent on the first $150,000 in combined purchases in the following categories each account anniversary year:
All other purchases earn 1 point per $1 spent.
According to TPG’s valuation, if you maximize your bonus payout, you’ll earn 450,000 Chase Ultimate Rewards points per year, worth $9,225. This is an incredible value, especially for a card with an annual fee of only $95.
Related: Which products earn 3 points per dollar on Ink Business Preferred purchases?
Amazing redemption potential
one of the most valuable aspects The first choice for ink business You can transfer points to any of Chase’s 13 airline and hotel partners. Points transfer to all partners at a 1:1 ratio, and most transactions are instant.
When you consider alliance partners, you get an especially wide selection of airlines. For example, when you transfer points to British Airways Club, you’ll be able to fly with Oneworld alliance members like American Airlines, Finnair and Japan Airlines.
At TPG, we love transferring Chase Ultimate Rewards points to World of Hyatt. This makes it easy to maximize the value you get from your points, as Hyatt does not currently use a dynamic pricing system for award stays.
Depending on the redemption method, you can also redeem points for up to 1.75 cents per point (or up to 2 cents per point if you also have the following points) Chase Sapphire Reserve® (View rates and fees) and link your points to this account) with the new points boost feature in Chase Travel℠.
Additionally, frequent flyer miles can be earned on any flights booked through Chase Travel as they are treated like any other paid ticket.
Mobile, travel and purchase protection
Insurance isn’t a glamorous topic, but saving money is—and The first choice for ink business This can save you a lot of cash.
For example, it covers you and your employees if your phone is lost or damaged. If you use the card to pay your phone bill, you can receive up to $1,000 per person per claim for theft or damage.
The claim limit is $3,000 per 12-month period (maximum 3 claims per year), with a $100 deductible per claim.
Ink Business Preferred also offers a host of travel benefits for road travelers:
While you hope you’ll never need any of the insurance benefits that come with your card, knowing you’re covered can give you peace of mind and allow you to save money by skipping purchasing additional coverage or purchasing protection.
Related: Best Travel Insurance Policies and Providers
Combine your points with other Chase credit cards
Chase has several products that are essentially cash back cards:
However, if you have the right card, the rewards from these cards can be converted into transferable points. this The preferred credit card for merchants in Mexico is one of the cards that gives you this ability.
RELATED: How (and why) to combine your Chase Ultimate Rewards points into one account
additional benefits
In addition to the above benefits, The first choice for ink business Provides other important benefits:
- No additional charge for employee cards
- No foreign transaction fees for purchases outside the U.S.
- Zero liability protection (so you are not responsible for unauthorized charges)
- Prevent fraud with real-time account monitoring
- Extended warranty protection (adds one year to eligible U.S. manufacturer warranties of three years or less)
bottom line
For a small business card, the Ink Business Preferred Credit Card offers a nearly unmatched combination: a generous welcome bonus, generous points opportunities, the ability to transfer points to 13 travel partners, and comprehensive travel protection.
If you’re considering Preferred Ink, remember that it falls under Chase’s 5/24 rule. This means that if you opened five or more credit card accounts in the past two years, you may be declined regardless of your credit standing. To increase your chances of being accepted, try applying for this card (and other Chase credit cards) before applying for cards from other issuers.
For more information, read our full review of our top picks for ink business.
Apply here: The preferred credit card for merchants in Mexico
For rates and fees on the American Express Business Platinum Card, click here.
For rates and fees on the American Express Business Gold Card, click here.
