Ink Business Unlimited® Credit Card

vs.

Ink Business Preferred® Credit Card

Banner imageFirst credit card imageSecond credit card image
vs
ByDoug Milnes, CFA
fact checked icon
Reviewed byBrett Holzhauer
fact checked icon

Updated: March 19, 2024

Advertising & Editorial Disclosure

Shield Insurance

MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.

The Ink Business Unlimited® Credit Card vs Ink Business Preferred® Credit Card comparison shows that while both cards are geared towards business owners — they are quite different in terms of their rewards structures and annual fees.

For example, the Ink Business Unlimited® Credit Card charges a $0 annual fee, while the Ink Business Preferred® Credit Card has a $95 annual fee. MoneyGeek compared both cards in this guide to help you understand the difference between them and choose a card that’s the best fit for your needs.

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

  • Ink Business Unlimited® Credit Card
    Ink Business Preferred® Credit Card
  • Has Annual Fee
    checkSign icon
  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
    checkSign icon
  • Travel Rewards
    checkSign icon

Ink Business Unlimited® Credit Card At a Glance

The Ink Business Unlimited® Credit Card offers a welcome bonus of $750 cash back after you spend $7,500 on purchases within the first three months after account opening. With this card, you also get an unlimited 1.5% cash back when you use it to cover any of your business expenses. It also offers a 0% intro APR for the first 12 months — which can be pretty helpful if you have any large purchases coming up.


  • Ink Business Unlimited® Credit Card

    Great for simple flat-rate rewards and no annual fee


    • 1.5% Cash BackRewards Rate
    • 18.49% – 24.49% VariableAPR
    • $0Annual Fee
    • Good–ExcellentRecommended Credit

Ink Business Preferred® Credit Card At a Glance

With the Ink Business Preferred® Credit Card, you get 100,000 bonus points on spending up to $15,000 on purchases within the first three months of account opening — which is equivalent to about $1,000 in rewards, or $1,250 when redeemed in the Chase travel portal. This card also offers three points per dollar spent on business expenses like advertising, shipping, travel, internet, cable and other services up to $150,000 in each account anniversary year and one point per dollar spent on other purchases.


  • 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

Comparison Summary

To help you understand the difference between the Ink Business Unlimited® Credit Card and the Ink Business Preferred® Credit Card, MoneyGeek compared the rewards structures and other details of both cards below.

Card Detail
Comparison Summary

Travel Coverage and Purchase Protection

The Ink Business Unlimited® Credit Card offers purchase protection against theft or damage up to $10,000 per claim and $50,000 per account for 120 days; however, it does not offer any coverage in case of trip cancellation or trip interruption.

The Ink Business Preferred® Credit Card offers reimbursement up to $5,000 per person and $10,000 per trip in case it gets cancelled or is cut short due to sickness or any other reason. This card also offers purchase protection.

Winner: Ink Business Preferred® Credit Card

Welcome Bonus

With Ink Business Unlimited® Credit Card, you get a $750 cash back bonus after spending $7,500 on purchases within the first three months, while the Ink Business Preferred® Credit Card offers 100,000 bonus points on spending $150,000 on purchases within the first three months — which is equivalent to about $1,000 in cash back rewards.

Winner: Ink Business Preferred® Credit Card

Rewards

The Ink Business Unlimited® Credit Card offers an unlimited 1.5% cash back on every kind of purchases, while the Ink Business Preferred® Credit Card offers 3x points per $1 spent on business expenses up to $150,000 in each account anniversary year and 1 point per $1 spent on other purchases.

Winner: Ink Business Preferred® Credit Card

Annual Fee

The Ink Business Unlimited® Credit Card charges a $0 annual fee, while the Ink Business Preferred® Credit Card charges $95 in annual fees.

Winner: Ink Business Unlimited® Credit Card

Foreign Transaction Fees

If you’re a frequent traveler, the Ink Business Preferred® Credit Card would be of great benefit — since it does not charge a foreign transaction fee. The Ink Business Unlimited® Credit Card charges a 3% fee on every foreign transaction.

Winner: Ink Business Preferred® Credit Card

Which Card Should You Get?

Both the Ink Business Unlimited® Credit Card and the Ink Business Preferred® Credit Card offer great value for business owners. It’s best to consider your needs before deciding about getting either of these cards.

Who Should Consider the Ink Business Unlimited® Credit Card?

The Ink Business Unlimited® Credit Card is a great option for business owners who do not want to spend time analyzing different bonus categories.

  • cashBack icon

    Since this card offers an unlimited 1.5% cash back on every type of purchase, it’s a good option if you want a card with a simple rewards program to cover your business expenses.

  • lowInterestAPR icon

    This card offers a 0% intro APR for the first 12 months — making it the best option in case you have a large purchase coming up.

  • display2 icon

Who Should Consider the Ink Business Preferred® Credit Card?

If you’re a business owner who frequently travels abroad and is looking for a card with a great travel rewards program and rewards on other business purchases — the Ink Business Preferred® Credit Card would be a good option for you.

  • noForeignTransactionFee icon

    This card does not charge a foreign transaction fee — which makes it the best option for using while traveling abroad.

  • threePointsPerDollar icon

    Since this card offers a high reward rate of 3x points per $1 spent on business expenses like advertising, shipping, travel, internet, cable and other services and 1 point per $1 spent on other purchases, it’s a good option if you want to reap maximum rewards.

  • display2 icon
mglogo icon
EXPERT OPINION

Of these two cards, the Ink Business Preferred® Credit Card is absolutely the superior card for someone who travels. However, if you’re a business owner who wants no frills and wants to simply save money, you can’t go wrong with the Ink Business Unlimited® Credit Card. However, when you measure each card against one another, the value from the Ink Business Preferred® Credit Card outweighs the Unlimited card by a decent margin.

Other Helpful Decision-Making FAQs

If choosing between the Ink Business Unlimited® Credit Card and the Ink Business Preferred® Credit Card is difficult for you, MoneyGeek researched frequently asked questions to help you decide between both cards.

Both the Ink Business Unlimited® Credit Card and the Ink Business Preferred® Credit Cards offer great value for small-business owners. It’s best to compare both cards to see which one best fits your needs.

Yes, it’s possible to get the Ink Business Unlimited® Credit Card if you have the Ink Business Preferred® Credit Card. However, you may want to review the Chase 5/24 rule — which means that your application for another Chase card won’t be approved if you have gotten five or more credit cards in the last 24 months.

Yes, you can transfer points from the Ink Business Unlimited® Credit Card to the Ink Business Preferred® Credit Card for a higher redemption value.

Yes, you can switch from the Ink Business Unlimited® Credit Card to the Ink Business Preferred® Credit Card. However, you should have had your card for at least an year and a product change is not guaranteed.

Both cards require you to own a business and have good to excellent credit scores. You can gauge your odds of approval by using the Chase pre-approval online tool.

With the Ink Business Unlimited® Credit Card, you would have to spend $7,500 in purchases within the first three months, while the Ink Business Preferred® Credit Card requires you to spend $15,000 in purchases within the first three months.

Still Not Sure About These Cards? Consider These Options

While both the Ink Business Unlimited® Credit Card and the Ink Business Preferred® Credit Card are great options for business owners — you can also look over other rewards cards to see if any of them would be the best fit for your needs.

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.


sources
*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.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.