Chase Ink Business Preferred® Review: Top Travel Rewards for Small Businesses

Reviews Chase Ink Business Preferred^® Review: Top Travel Rewards for Small Businesses

Milesopedia recommends this card from Chase

Ink Business Preferred^® Credit Card

90,000 Points

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Few business credit cards are as competitive as the Chase Ink Business Preferred^® Credit Card.

Since its introduction, it has become a staple in the business credit card market with its robust rewards and benefits tailored specifically for small business owners.

The card’s popularity can be attributed to its low annual fee of $95, which is complemented by a substantial welcome offer and valuable earning rates. Cardholders can earn 3 points per dollar on the first $150,000 spent annually in combined purchases across key business categories such as travel, shipping, internet, cable, phone services, and advertising purchases made with social media sites and search engines. This makes it an excellent choice for businesses that frequently incur expenses in these areas.

Moreover, the Ink Business Preferred card offers flexibility in redeeming points through the Chase Ultimate Rewards program. You can transfer points to top airline and hotel partners or redeem them for travel at a 25% higher value through the Chase Travel portal. This flexibility, combined with the card’s comprehensive travel protections and purchase benefits, makes it a top choice for business owners who want to maximize their rewards while managing their business expenses effectively.

Here’s a closer look at this card, so you can decide if it’s right for you.

Chase Ink Business Preferred welcome offer

The Chase Ink Business Preferred^® Credit Card offers new cardmembers a substantial welcome offer of 90,000 bonus points after spending $8,000 on purchases in the first three months from account opening.

This offer is worth approximately $1,125 when you redeem through Chase Travel, but it could be worth much more when you strategically transfer these points to Chase’s transfer partners.

The card charges a $95 annual fee, which is competitive for the benefits it offers.

Ink Business Preferred® Credit Card

Maximize Business Travel Rewards with the Chase Ink Business Preferred^® Credit Card

90,000 bonus points after spending $8,000 in the first 3 months
3X points per $1 on the first $150,000 spent on travel and select business categories annually
1X point per $1 on all other purchases
1:1 transfers to leading airline and hotel loyalty programs
Primary rental car coverage and trip cancellation/interruption protection
$95 annual fee
No foreign transaction fees

Reward everyday business spend—from shipping and advertising to telecom and travel—with elevated earning rates and seamless redemptions. Combine points across your Chase portfolio, redeem them for 1.25¢ each toward travel booked through Chase Travel℠, or transfer them to more than a dozen top loyalty partners. Stay in control with an intuitive dashboard, real‑time alerts and powerful digital tools built for busy entrepreneurs.

Terms apply. Bonus points require $8,000 spend in 3 months. Rewards cap at 150,000 bonus-category points per anniversary year. See issuer for full details.

Chase Ink Business Preferred earning rates

As a Chase Ink Business Preferred cardholder, you earn bonus points on popular purchases. Here’s a look at its earning rates:

3 points per dollar: Shipping purchases; advertising purchases made with social media sites and search engines; internet, cable and phone services and travel (on the first $150,000 spent in combined purchases each account anniversary year).
1 point per dollar: All other purchases.

These are solid earning rates given the card’s relatively low $95 annual fee.

Chase Ink Business Preferred benefits

The Chase Ink Business Preferred Credit Card is primarily designed for earning points, making it an excellent choice for small business owners who want to maximize their rewards on everyday business expenses. While it doesn’t offer extensive travel benefits like airport lounge access, it provides a robust set of features that make it valuable for earning points for future travel or other rewards.

Key benefits

Flexible redemptions for cash back, gift cards, travel experiences and more through Chase Ultimate Rewards. Your points are worth 25% more when redeemed for travel through the Chase Travel portal, but we still recommend strategically transferring your points to Chase’s travel partners to maximize your rewards.
No foreign transaction fees.

Travel protections and perks

Trip cancellation and interruption insurance: Provides coverage for nonrefundable travel expenses if your trip is canceled or cut short due to covered reasons.
Auto rental collision damage waiver: Offers primary coverage for eligible business rental cars when you decline the rental company’s collision insurance.
Cell phone protection: Up to $1,000 per claim for theft or damage when you pay your phone bill with the card (3 claims/year; $100 deductible).
Purchase protection: Covers damage or theft of eligible items for 120 days, up to $10,000 per item.
Extended warranty: Adds one year to eligible U.S. warranties of three years or less.

Note that you must charge your flights or other travel expenses to your Chase Ink Business Preferred Credit Card to be eligible for most of these protections. Refer to the card’s benefits guide for more information.

Chase Ultimate Rewards

You can redeem Chase Ultimate Rewards points for:

Travel bookings through Chase Travel at 1.25 cents per point with the Chase Ink Business Preferred.
Transfers to 14 airline and hotel partners (often a better value).
Gift cards at 1 cent per point (or more during promotions).
Statement credit at 1 cent per point.

Transferring Chase Ultimate Rewards points and sweet spots

Chase Ultimate Rewards points are among the most flexible thanks to the program’s 14 transfer partners. Of these 14, three are hotel loyalty programs and the other 11 are airline loyalty programs.

For American Airlines flights:

Transfer to British Airways Executive Club: Book American Airlines and Alaska Airlines flights for as few as 12,000 Avios in economy class. British Airways has a distance-based award chart and charges per leg, so connecting itineraries cost more than nonstop flights.

For United Airlines flights:

Transfer to Air Canada Aeroplan: Book United flights starting at 6,000 points for flights under 500 miles. Longer flights cost more miles — check out our guide to Air Canada Aeroplan for more information.
Transfer to United MileagePlus: United’s loyalty program prices awards dynamically, so there’s no set award chart. But you can often find good deals on off-peak domestic flights.

For Delta Air Lines flights:

Transfer to Air France-KLM Flying Blue: There’s no published award chart, but you can often find solid deals on Delta flights booked with Flying Blue. One of our favorites is flights from the US mainland to Hawaii for 18,500 Flying Blue miles one-way plus $26.22 in taxes and fees.
Transfer to Virgin Atlantic Flying Club: Virgin Atlantic has a distance-based award chart for Delta flights. These start at 7,500 points for flights 500 miles or shorter.

Here are some of our favorite ways to use Chase Ultimate Rewards points by leveraging its partner program sweet spots:

Air Canada Aeroplan: Add a stopover to any Aeroplan award ticket for 5,000 bonus miles. For example, you can fly from New York’s John F. Kennedy International Airport (JFK) to Frankfurt (FRA) with a stop in London Heathrow Airport (LHR). Transatlantic flights from the US start at 60,000 miles in business class.
Air France-KLM Flying Blue for flights to Europe: Flights from the US to Europe start at 25,000 miles in economy, 40,000 miles in premium economy and 60,000 miles in business class. Expect to pay no more than $300 each way on business class awards and less on economy and premium economy awards.
Iberia Plus: Like British Airways, Iberia’s Plus loyalty program also uses Avios. The best deals are on off-peak business class flights from Boston Logan International Airport (BOS), Chicago O’Hare International Airport (ORD) and JFK to Adolfo Suárez Madrid–Barajas Airport (MAD) for just 34,000 Avios plus moderate taxes and fees.
Virgin Atlantic Flying Club: Book one-way flights from the US to London for as few as 6,000 miles plus moderate taxes and fees.
World of Hyatt for hotel stays: This loyalty program has a standard award chart with free nights starting at just 3,500 points per night. You can book everything from no-frills Hyatt Place properties to ultra-high-end Park Hyatts with Hyatt points.

Cards comparable to the Chase Ink Business Preferred

If you’re considering alternatives to the Chase Ink Business Preferred, several premium business cards offer competitive rewards, credits, and travel perks. Here’s a closer look at three standout options: the Capital One Venture X Business, The Business Platinum Card from American Express and the Business Gold Card from American Express.

Capital One Venture X Business

Elevate Your Business Travel with the Capital One Venture X Business Card

150,000 bonus miles after $30,000 in purchases within 3 months
10X miles on hotels and rental cars booked through Capital One Travel
5X miles on flights and vacation rentals booked through Capital One Travel
2X miles on all other purchases, everywhere
$300 annual travel credit for bookings through Capital One Travel
$120 statement credit for TSA PreCheck^® or Global Entry^® application fee
Unlimited lounge access at 1,300+ Priority Pass and Capital One lounges
$100 experience credit on Premier Collection hotel and vacation rental bookings
No foreign transaction fees
$395 annual fee
Charge card: pay your balance in full each month

This card is tailored for business owners who value premium travel perks and powerful earning rates. Flexibly redeem miles through Capital One Travel or transfer to leading airline and hotel partners. Between generous credits, lounge access and elevated rewards, you’ll more than offset the annual fee and enjoy a seamless global journey.

Terms apply. Welcome bonus and credits require minimum spending. See issuer’s site for full details.

The Business Platinum Card® from American Express

Supercharge Your Business Travel with the American Express^® Business Platinum Card

5X Membership Rewards^® points on flights and prepaid hotels booked through AmexTravel.com
1.5X points on eligible purchases in key business categories or on spends of $5,000 or more
1X point on all other purchases
Up to $200 Hilton statement credit (enroll) and up to $209 CLEAR^® Plus credit annually
Complimentary access to 1,400+ lounges worldwide via the American Express Global Lounge Collection^®
Complimentary Gold status with both Hilton Honors^® and Marriott Bonvoy^® (enroll)
Fine Hotels + Resorts^® perks—daily breakfast, upgrades and late checkout at luxury properties
No foreign transaction fees
$695 annual fee

Tailored for entrepreneurs on the move, this card turns travel and large business expenses into valuable rewards and VIP privileges. Earn enhanced points on airfare and accommodations, then offset your fee with generous hotel and security‑through‑security credits. Take advantage of automatic elite hospitality benefits, seamless enrollment in premium lounge networks, and unmatched concierge services. With flexible point redemptions across travel, statement credits and more, the Business Platinum Card ensures every trip delivers maximum return.

Terms apply. Enrollment required for select benefits and statement credits; see issuer for details.

American Express Business Gold Card

Unlock Customized Rewards with the American Express Business Gold Card

100,000 Membership Rewards^® points after $15,000 in purchases within the first 3 months
4X points on your top two spend categories each billing cycle—from advertising and U.S. software to gas stations, restaurants, transit and wireless—on up to $150,000 in combined purchases per year
1X point on all other purchases
$20 statement credits each month for eligible U.S. spending at FedEx, Grubhub and office supply stores (up to $240 per year)
$12.95 monthly credit for Walmart+ membership (enrollment required)
$375 annual fee

Perfect for businesses that want to tailor rewards to their most essential expenses, this card adapts each month to where you spend most, maximizing your point-earning potential. Enjoy flexible buying power, Pay Over Time options and intuitive expense management in the American Express app.

Terms apply. Bonus points and statement credits require enrollment and qualifying purchases. 4X points cap of $150,000 combined spend per calendar year then 1X. See terms for details.

Is the Chase Ink Business Preferred worth it?

The Chase Ink Business Preferred Credit Card is a solid choice for small business owners that offers excellent value with a modest $95 annual fee, a generous welcome offer (that’s often worth over $1,000), and 3 points per dollar on key business categories. Its flexible redemption options and robust travel protections make it a worthwhile option for businesses looking to earn and save effectively.

Bottom line

The Chase Ink Business Preferred Credit Card stands out as one of the most competitive business credit cards on the market and offers excellent value for its $95 annual fee. With a substantial welcome offer, lucrative earning rates on essential business categories, and flexible redemption options, it’s a top choice for small business owners looking to maximize rewards.

While it lacks premium travel perks like lounge access, its strong points-earning potential, travel protections, and versatility make it an excellent tool for managing business expenses effectively while quickly earning points.

FAQs – Chase Ink Business Preferred® Credit Card

What is the current welcome offer for the Chase Ink Business Preferred^® Credit Card?

The card offers 90,000 bonus points after you spend $8,000 in the first 3 months from account opening. That’s worth $1,125 when redeemed for travel through Chase Travel, or potentially more with transfer partners.

How much is the annual fee for the Chase Ink Business Preferred^®?

The card has a $95 annual fee, which is not waived in the first year. Given its strong earning potential and redemption flexibility, the fee offers good value for small business owners.

What are the bonus categories for earning points?

You earn 3x points on the first $150,000 spent each account anniversary year on:

ShippingAdvertising purchases with search engines and social mediaInternet, cable, and phone servicesTravel

All other purchases earn 1 point per dollar.

How can I redeem points earned with this card?

Points can be redeemed through Chase Travel at 1.25 cents per point, or transferred to 14 travel partners including World of Hyatt, United, Air Canada Aeroplan, and Flying Blue for outsized value.

What travel protections are included?

The card includes valuable protections like:

Trip cancellation/interruption insurancePrimary rental car insuranceCell phone protection up to $1,000 per claimPurchase protection and extended warranties

You must use the card to pay for travel or eligible purchases to qualify.

Does the Chase Ink Business Preferred^® charge foreign transaction fees?

No. The card has no foreign transaction fees, which makes it a solid option for international business travel.

How does this card compare to other business credit cards?

It’s a top choice for businesses with high expenses in eligible categories. However, if you want lounge access and more travel perks, you might consider premium cards like the Capital One Venture X Business or Amex Business Platinum.

Marc Delaney

Marc Delaney is a bilingual (English/French) travel rewards strategist and credit card expert at Milesopedia USA. Born in the U.S. to a French-American family, Marc combines North American know-how with a deep understanding of international loyalty programs. With over a decade of experience in personal finance, he specializes in helping high-income individuals, digital nomads, and frequent flyers optimize their credit card points and travel benefits. His insights focus on maximizing value from programs like Chase Ultimate Rewards®, Amex Membership Rewards®, Aeroplan® and Flying Blue®. Marc started his career advising startups on business credit strategies and later transitioned into rewards consulting for cross-border entrepreneurs. He holds a degree in economics from the University of Vermont and has contributed to financial newsletters, webinars, and loyalty-focused communities across North America and Europe. A passionate traveler, Marc has explored more than 40 countries using points and miles to fly in premium cabins and stay in luxury hotels. When he's not analyzing credit card ecosystems, you'll find him hiking remote trails or reviewing airport lounges for Milesopedia readers.

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