Ink Business Cash® Credit Card
vs. Ink Business Preferred® Credit Card

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Updated: March 19, 2024

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Chase Ink Business credit cards allow cardholders to turn business expenses into rewards. Two of the best credit card options for small business owners are the Ink Business Cash and Ink Business Preferred cards.

Compare Ink Business Cash® Credit Card and Ink Business Preferred® Credit Card features, fees, rewards and costs to determine which one is more suitable for your needs. For example, the Ink Business Preferred has a $95 annual fee and Ink Business Cash has no annual fee. However, the Ink Business Preferred has no foreign transaction fee, while Ink Business Cash has a 3% fee for every foreign transaction.

Comparison Overview: Ink Business Cash® Credit Card vs. Ink Business Preferred® Credit Card

  • Ink Business Cash® Credit Card
    Ink Business Preferred® Credit Card
  • Has Annual Fee
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  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
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  • Travel Rewards
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Ink Business Cash® Credit Card At a Glance

The Ink Business Cash® Credit Card is a great option to cover business expenses. It offers a generous 5% cash back on office supply store purchases, as well as on phone, cable and Internet services, up to $25,000 per year. Cardholders can enjoy 2% cash back for spending up to $25,000 at gas stations and restaurants. For all other purchases, you will earn 1% cash back.


  • Ink Business Cash® Credit Card

    Best for earning rewards on office supplies


    • 1–5% Cash Back*Rewards Rate
    • 18.49% – 24.49% VariableAPR
    • $0Annual Fee
    • Good–ExcellentRecommended Credit

    Pros

    • Substantial cash back on business-specific categories
    • Attractive welcome offer
    • No annual fee
    • Introductory APR offer on purchases
    • Free additional employee cards

    Cons

    • Limited rewards potential on non-bonus categories
    • Foreign transaction fees
    • Cap on cash back rewards
    • Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
    • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
    • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
    • 10% Business Relationship Bonus If you have the Ink Business Cash card plus a Chase Business Checking account on your first card anniversary
    • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
    • No Annual Fee
    • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
    • 0% introductory APR for 12 months on purchases
    • Member FDIC
    Ink Business Cash® Credit Card

Ink Business Preferred® Credit Card At a Glance

The Ink Business Preferred® Credit Card is best for those who travel often for business, spend on internet advertising and have regular shipping expenses. There is no limit on the number of points you can earn, and if you travel internationally for work, the card doesn’t have foreign transaction fees.


  • Ink Business Preferred® Credit Card

    Great for big welcome offer and ongoing rewards


    • 1–3 Points per $1Rewards Rate
    • 21.24% – 26.24% VariableAPR
    • $95Annual Fee
    • Good–ExcellentRecommended Credit

    Pros

    • Impressive welcome offer
    • High rewards cap
    • Boosted rewards redemption through Chase
    • Travel protections
    • Free employee cards

    Cons

    • Annual fees
    • Cash advance and balance transfer fees
    • A late payment can lead to a penalty APR
    • Earn 100,000 bonus points after spending $8,000 on purchases within the card's first three months. This bonus offer is equivalent to $1,000 in cash back or $1,250 if you redeem for travel purchases through Chase Travel℠.
    • Earn 3X points on the first $150,000 spent on travel and select business categories each account anniversary year. All other purchases get 1X points.
    • Points are redeemable as cash back, gift cards, travel, and more. Points are worth 25% more when redeemed for travel on Chase Travel℠. Your points don't expire as long as your account is active.
    • Comes with a Zero Liability feature, ensuring you won't be held responsible for unauthorized charges made with your card or account information.
    • Comes with a Purchase Protection feature that covers your new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
    • Enjoy round-the-clock monitoring for unusual credit card purchases.
    • Member FDIC.
    Ink Business Preferred® Credit Card

Comparison Summary

MoneyGeek breaks down the differences between the Ink Business Cash® Credit Card and Ink Business Preferred® Credit Card to help you decide which one is the best business credit card for you.

Card Detail
Comparison Summary

Complimentary Travel Coverage

Both cards offer travel and emergency assistance services, as well as auto rental collision damage waiver. However, the Ink Business Preferred also has trip cancellation/trip interruption insurance that will reimburse up to $5,000 per trip for prepaid, non-refundable travel expenses should your trip get canceled or cut short because of an illness, severe weather or other covered situations. Ink Business Preferred also offers roadside dispatch, which provides roadside services anytime.

Winner: Ink Business Preferred® Credit Card

Welcome Bonus

Chase offers a welcome bonus to new cardholders. New Ink Business Cash cardholders can get a $750 cash back if they spend $7,500 in the first three months. Meanwhile, the welcome offer for Ink Business Preferred cardholders is 100,000 bonus points after spending $15,000 on purchases in the first three months. These points can be redeemed as $1,000 cash back or $1,250 in travel rewards.

Winner: Ink Business Preferred® Credit Card

Rewards

Ink Business Cash® Credit Cardholders can get: 5% cash back on purchases made at office supply stores and on payments for phone, cable and Internet services and 2% cash back at U.S. gas stations and restaurants at a rate of 2%. However, each of these categories have a $25,000 per year spending capAfter the first $25,000, all purchases will earn 1% cash back.

Meanwhile, Ink Business Preferred® Credit Cardholders can earn 3x points when using the card for travel, phone, cable and Internet services and Internet advertising purchases. However, this rate is applicable only up to the first $150,000 spent per year. Points do not expire as long as the account is open.

Winner: Ink Business Preferred® Credit Card

Annual Fee

One of the most appealing features of the Ink Business Cash credit card is no annual fee.

On the other hand, the Ink Business Preferred has a $95 annual fee

Winner: Ink Business Cash® Credit Card

Foreign Transaction Fees

For business owners who travel a lot, the foreign transaction fee may be a big consideration when choosing a credit card. The Ink Business Cash® Credit Card has a 3% fee on all foreign transactions.

The Ink Business Preferred has no foreign transaction fee. That means you can save a lot when completing transactions outside the U.S.

Winner: Ink Business Preferred® Credit Card

Which Card Should You Get?

When you are choosing between the Ink Business Cash vs. Ink Business Preferred, it is important to consider your situation and needs.

Who Should Consider the Ink Business Cash® Credit Card?

Ink Business Cash® Credit Card is one of the best cash back credit cards for business owners. It has no annual fee and outstanding cash back rates. This makes the card an ideal option if you want to earn rewards on business expenses.

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    Small business owners and startups would benefit from this card’s rewards program. You can earn bonus rewards for everyday business expenses, including office supplies, phone, cable and Internet services.

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    Individuals who are on the road a lot for business can enjoy 2% cash back for purchases made at U.S. gas stations and restaurants. The card also offers emergency assistance services and rental car insurance.

Who Should Consider the Ink Business Preferred® Credit Card?

The Ink Business Preferred® Credit Card is best for individuals who travel often for business. It offers valuable rewards and benefits for regular travelers, including no foreign transaction fees.

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    The card offers 3x points for every dollar spent on bonus categories, including travel and hotel bookings.

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    Businesses that use shipping services and online advertising will earn 3x points for every dollar of the first $150,000 spent every account anniversary year on purchases made on shipping and advertising services on social media and search engines.

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EXPERT OPINION

The choice between these two cards is difficult, but it comes down to one simple factor: will your business benefit more from points or cash? And the one reason points are typically a better option is that you can always cash them out if needed. So unless you are focused on earning cash back to support your business ventures, the Ink Business Preferred® Credit Card has a slight edge.

Other Helpful Decision-Making FAQs

Choosing a business credit card can be challenging. MoneyGeek answers some of the frequently asked questions to help you better understand the difference between the Ink Business Cash® Credit Card and Ink Business Preferred® Credit Card.

Is Ink Business Cash® Credit Card better than Ink Business Preferred® Credit Card?
Can you get the Ink Business Cash® Credit Card if you have the Ink Business Preferred® Credit Card?
Can you transfer points from the Ink Business Cash® Credit Card to the Ink Business Preferred® Credit Card?
Can you switch from the Ink Business Cash® Credit Card to Ink Business Preferred® Credit Card?
What’s harder to get, the Ink Business Cash® Credit Card or Ink Business Preferred® Credit Card?
How much do you have to spend for the Ink Business Cash® Credit Card vs Ink Business Preferred® Credit Card to get the welcome bonus?

Still Not Sure About These Cards? Consider These Options

The Ink Business Cash® Credit Card and Ink Business Preferred® Credit Card are solid credit card options for business owners. However, if you’re looking for other options that offer more opportunities to earn bonuses, consider getting a rewards credit card.

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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