Business-targeted 3x categories covering the expenses most small businesses actually run — plus the full Chase Ultimate Rewards transfer ecosystem.
3x applies to the first $150,000 combined across all categories per account anniversary year; 1x thereafter. Employee card spending counts toward the $150,000 cap.
Chase Ultimate Rewards points transfer 1:1 to 14 airline and hotel programs — the deepest transfer network among U.S. card issuers.
All transfers are 1:1 and process instantly or within 24 hours. Hyatt is widely considered the most valuable hotel transfer partner — Hyatt properties that cost $400+/night can often be redeemed for 25,000–30,000 points, delivering 1.5¢–2.0¢+ per point in hotel value.
Business-grade protections including one of the best cell phone coverage benefits available on any card.
Full cost breakdown for business budgeting.
| Annual Fee | $95 (not waived first year) |
| Purchase APR | 20.49% – 26.49% variable* |
| Foreign Transaction Fee | $0 — None |
| Balance Transfer Fee | 5% (min. $5) |
| Cash Advance Fee | 5% (min. $10) |
| Employee Cards | $0 — No Additional Cost |
* APR is variable and based on the Prime Rate. The Ink Business Preferred has no intro APR offer — it's designed for businesses that pay in full. Verify current rates at chase.com before applying.
Three business profiles where the Ink Business Preferred's category structure delivers exceptional ROI.
Earning 3x on search engine (Google, Bing) and social media (Meta, TikTok, LinkedIn) advertising is a genuinely rare benefit — most cards treat ad spend as miscellaneous at 1x or 1.5x. A business spending $4,000/month on digital ads earns 12,000 points/month, or 144,000 points/year at 3x — worth $1,800 in travel via the portal or potentially more through transfer partners. The $95 annual fee is paid back in the first week of ad spend.
The combination of 3x on travel, no foreign transaction fees, primary rental car insurance, and trip cancellation coverage makes this card a complete business travel tool. Primary rental coverage alone is worth $30+/day per rental — for someone who rents cars twice per month on business trips, that's $720+/year in saved fees against a $95 annual fee. The no-foreign-fee benefit ensures international suppliers and travel don't incur hidden charges on top of the exchange rate.
Shipping earns 3x — a category that very few cards touch, and one that's highly relevant for product-based businesses, Amazon sellers, DTC brands, and any company shipping physical goods to customers. A business spending $3,000/month on shipping earns 9,000 points/month at 3x. Combined with internet, phone, and any advertising on the same card, these categories can collectively reach the $150,000 annual cap and generate 450,000 3x points in a single year.
Honest cases where a different business card better matches the spend profile.
If your primary business expenses are payroll, office supplies, professional services, meals, or equipment purchases that don't fall into travel, shipping, ads, internet, cable, or phone — you'll earn 1x on most of your spending. At 1x with a $95 fee, the Ink Business Preferred underperforms the Ink Business Unlimited (1.5x on everything, no fee) for general-purpose business spending. Know your category breakdown before choosing between them.
The 3x categories are capped at $150,000 per year combined — after which all spending drops to 1x. For very high-volume businesses that routinely exceed this threshold in travel or advertising alone, the diminishing return on a $95 card may warrant considering a premium business card like the Chase Sapphire Reserve for Business (no cap, 3x travel) or evaluating whether an Amex Business Platinum's per-category earning fits the spend profile better.
The Ink Business Preferred® is the best $95 business card available today, and it's not particularly close. The 100,000-point welcome bonus alone — worth $1,250 in travel via Chase's portal, or potentially $2,000+ through transfer partners — represents one of the largest first-year returns in the business card category. The $8,000 spend requirement in 90 days is higher than consumer card bonuses, but very achievable for a small business that routes normal operating expenses through the card. At a $95 annual fee against a $1,250+ welcome bonus, the card pays for itself many times over in year one before you've earned a single ongoing reward.
The ongoing earning structure is intelligently designed for the specific spending patterns of small businesses. Travel, shipping, internet, phone, and digital advertising collectively cover a high percentage of what most small business owners actually spend money on. The cell phone protection benefit — $1,000 per claim for all phones on your plan — is the best coverage available on any business credit card and directly relevant to any business owner who regularly upgrades or manages multiple employee phones. Primary rental car insurance saves real money every time a business trip involves a rental, with no action required beyond using the card.
The card's main limitation is the $150,000 annual cap on 3x earning, which constrains value for very high-volume businesses, and the lack of an intro APR, which makes it unsuitable for businesses that carry a balance. For businesses that pay their card in full each month and route their primary operating expenses through the categories covered, the Ink Business Preferred generates a level of return that premium consumer travel cards at three times the annual fee often can't match. It remains the foundational recommendation for small business owners entering the Chase ecosystem.
The Ink Business Preferred® is the definitive small business card for Chase ecosystem builders — a 100,000-point welcome bonus, 3x on the categories that matter most to small businesses, and best-in-class cell phone protection, all for $95/year.
Rates and offers current as of June 16, 2026. Verify current terms on the issuer's website before applying. This site may receive compensation when you click on links to products we review. See our full advertising disclosure. The Ink Business Preferred® Credit Card is issued by JPMorgan Chase Bank, N.A. Member FDIC. Subject to credit approval. Business credit card — business income required; sole proprietors and freelancers qualify. The 3x earn rate applies to the first $150,000 in combined purchases across eligible categories per anniversary year; 1x applies thereafter. Transfer partner ratios and availability subject to change. Point valuations are estimates based on industry averages and are not guaranteed. Chase is not a sponsor of or affiliated with Worth the Annual Fee.