Chase offers two business credit cards with different rewards structures- the Ink Business Preferred and the Ink Business Cash. Both offer great signup bonuses and perks for business owners, but which one is right for you?
The Ink Business Preferred offers a larger signup bonus than the Ink Business Cash- 80,000 points compared to $500 cash back. It also offers more points per dollar spent on categories that are important for businesses, like travel and office supplies. And, the points can be redeemed for travel at a 25% higher value.
However, the Ink Business Cash has no annual fee and offers a 0% APR for the first 12 months on purchases and balance transfers. It also offers 5% cash back on categories like office supplies and cell phone services- which can be more valuable for some businesses than points.
So, which card is right for you? It depends on your spending habits and what you value most in a business credit card. If you spend a lot on travel and office supplies, the Ink Business Preferred is a great choice. But if you’re looking for a card with no annual fee and 0% APR, the Ink Business Cash is a better option.
Other related questions:
Q: Is Ink business Preferred worth it?
A: The Ink Business Preferred℠ Credit Card from Chase is a great choice for business owners who want to earn rewards on their business spending. With this card, you’ll earn 3 points per $1 spent on travel and select business categories, and 1 point per $1 spent on all other purchases. You’ll also get a sign-up bonus of 80,000 points after you spend $5,000 in the first 3 months, and you can redeem your points for travel, gift cards, and cash back. There’s a $95 annual fee for this card, but it’s worth it if you’ll use the rewards and benefits.
Q: How hard is it to get a Chase Ink business Cash Card?
A: It’s not hard to get a Chase Ink business Cash Card, but there are a few requirements you’ll need to meet. First, you’ll need to have good credit. Secondly, you’ll need to have a business that meets Chase’s requirements. Finally, you’ll need to apply and be approved for the card.
Q: How do you get approved for ink business preferred?
A: There is no one-size-fits-all answer to this question, as the approval process for Ink Business Preferred will vary depending on your business and financial situation. However, some tips to help you get approved for Ink Business Preferred include having a strong business credit score, a well-established business, and a solid financial history.
Q: Can I have more than one Chase business card?
A: Yes, you can have more than one Chase business card.