Chase Ink Business Premier Credit Card Review
Key Takeaways
For those who focus on cash back and have high-volume business spend, the Chase Ink Business Premier has some appeal. It offers a large $1,000 welcome bonus and 2.5% cash back on purchases over $5,000. But here's the catch: these rewards cannot be transferred to Chase Ultimate Rewards partners — even if you hold a Sapphire Reserve or Preferred. If you're here for travel rewards and maximizing points value, this card doesn’t fit the strategy.
Why This Card Could Be Right For You
The Chase Ink Business Premier is ideal for business owners who make frequent large purchases and want a simple, high-earning cash back structure without the need to navigate point transfers.
- Earn a $1,000 cash bonus after spending $10,000 in the first 3 months
- Get 2.5% cash back on purchases over $5,000
- Earn 2% cash back on all other purchases
- Comes with premium benefits like primary rental car coverage, purchase protection, cell phone insurance, and extended warranty coverage
When The Usual Advice Doesn't Apply
This card may not be right for you if you want to earn travel rewards — because cash back earned on this card cannot be converted into Ultimate Rewards points Or you prefer category-based multipliers (like those on the Ink Cash or Ink Preferred)
How The Chase Ink Business Premier Credit Card Fits In The Cash in Cents Ecosystem
There are four Chase Ink Business cards currently available, and the Ink Business Premier stands apart — for better or worse.
- It’s the only Ink card that does not allow transfers to Chase Ultimate Rewards partners
- It’s also the only Ink card with a high annual fee ($195)
- If you're looking for travel points, the Ink Business Preferred is a better fit—it has a $95 annual fee and allows direct transfers to travel partners
- The Ink Business Cash and Ink Business Unlimited are both no-annual-fee cards that earn cash back which can be converted to travel points when combined with a Sapphire card
My Experience, No Filter
We haven’t opened the Ink Business Premier — and probably won’t. While the upfront cash is nice, we’re in the hobby for the long-term value of points and travel rewards. This card doesn’t let us transfer rewards to Chase partners, and that’s a deal-breaker. That said, if you run a business with heavy monthly spending and just want straightforward cash back (and don’t care about airline miles or hotel points), this could be a decent fit. But for us, and most travel rewards folks, it’s a pass.
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 100,000 | $10,000 | 0.7 ¢ | $125 | $195 |
$645
|
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Gift cards or travel purchases | 5X points on travel, unlimited 2x cash back | No CR , 5/24 , Chase 2/30 , Chase 4/6 |
Award System
Current Offer
$10,000 spend.
Spend Categories
2X points
1.3¢ Per Dollar Spent
5X points
3.3¢ Per Dollar Spent
5X points
3.3¢ Per Dollar Spent
Card Benefits
You, and employees on your bill get up to $600 per claim in cell phone protection against covered theft or damage. Maximum of 3 claims in a 12-month period (subject to a $100 deductible).
Using this card when renting for business gives you primary car rental insurance. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
This card extends the time period of the U.S. manufacturer's warranty by 1 additional year, on eligible warranties of 3 years or less.
Point Transfer Options
Transfer To Spouse/Partner Yes
Transfer To Friends Yes
Travel Partner Transfers
Outside Point System Cash in Cents
Transfers In From
1:1 63% value retained
1:1 100% value retained
1:1 77% value retained
1:1 63% value retained
1:1 91% value retained
1:1 77% value retained
Chase Ink Business Premier Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months
You'll be declined if you apply for a third Chase card of any kind within 30 days
Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months
