Top Reasons to Get This Card
Ink Business Premier® Credit Card Welcome Offer
bonus_miles_full
Great Rewards
Business owners can earn:
- 2.5% total cash back on purchases of $5,000 or more (Unlimited),
- 5% cash back on travel purchased through Chase Ultimate Rewards (Unlimited), and
- 2% cash back on all other business purchases (Unlimited).
Other Benefits
- Get trip cancellation/interruption insurance
- You also get travel and baggage delay insurance
- Avail decent cell phone protection
- Avoid the hassle of managing bonus categories
- Cash comes in the form of Chase Ultimate Rewards® points, which can be redeemed for cash back, gift cards, travel and more
Pros and Cons
Pros
- Ink Business Premier® Credit Card foreign transaction fee is zero, which is great for frequent travelers
Cons
- Purchases not qualified for Flex for Business have to be paid in full each month.
Ink Business Premier® Credit Card the Right Card for You?
The Ink Business Premier® Credit Card is the right choice if you learn how to use it to your advantage. It is best for you if you have a business where you spend often on big-ticket purchases worth $5,000 or more.
The cash back adds up quickly, consider this: If you make one purchase of $5,000 each month and another $2,000 each month, in a year you will earn: $5,000*12*2.5% + $2,000*12*2% = $1,980 cash back. So, it puts to rest the question – Is Ink Business Premier® Credit Card good, the answer is clearly yes.
The bottom line is, with a mind-blowing Welcome Offer of bonus_miles_full Awesome cash back and other benefits like zero foreign transaction fee, trip cancellation/interruption insurance, travel and baggage delay insurance, cell phone protection – this card pulls off a strong proposition that is hard to resist.
FAQ
What is Ink Business Premier® Credit Card ?
Ink Business Premier® Credit Card is the right card for business owners who spend a lot on business expenses and prefer to pay their balance in full every month.
This card helps you to get a better spend potential, premium benefits, and amazing rewards. If you want to get the most out of your business expenses, this card is definitely worth it.
What credit score do you need for Ink Business Premier® Credit Card ?
To get a Ink Business Premier® Credit Card, you need to have a good or excellent credit score. Though a score above 670 is accepted, it would be better if you have a credit score of over 700 to be eligible for this card.
What is the credit limit for Ink Business Premier® Credit Card?
The credit limit of the Ink Business Premier® Credit Card ranges between $10,000 to $25,000. It depends on various factors like credit history, income, expenses, etc.
What is the annual fee for Ink Business Premier® Credit Card?
To get a Ink Business Premier® Credit Card, you need to pay an annual fee of $195.
What is the $1000 bonus on Ink Business Premier® Credit Card?
With Ink Business Premier® Credit Card. You can bonus_miles_full
You can spend the money on business travel, marketing purchases like hiring an agency to take care of your business’ marketing efforts and to pay for office supplies, internet, cable, and phone services, among others.
When you do that, you will get 100,000 bonus points that can be redeemed for $1,000 cashback.
Does the Ink Business Premier® Credit Card earn cash back on all purchases?
Yes. The Ink Business Premier® Credit Card offers 2% cashback on all purchases.
In addition to that, it also offers 5% cashback on travel purchases made via Chase Ultimate Rewards and 2.5% cashback on purchases of $5,000 or more.
Is the Ink Business Premier® Credit Card a metal card?
The Ink Business Premier® Credit Card is made of metal. In fact, it is the first of the Chase business credit cards that isn’t plastic.
Does Ink Business Premier® Credit Card pull personal credit?
Not many people are aware that Chase will use your personal credit score when considering your application for a Chase Ink Business card.
Even though they are business cards, Chase will look at your personal credit history before it approves the card you applied for.
Is Ink Business Premier® Credit Card hard to get?
The Ink Business Premier® Credit Card can be hard to get for people who don’t have a decent credit score.
To boost your chances of getting such a card, make sure that you have a credit score of 670 or higher.
Also, you need to have a decent income and not too much debt relative to the income.
There should also not be too many recent inquiries on your credit report.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any other entities.
