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.
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.
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)
There are four Chase Ink Business cards currently available, and the Ink Business Premier stands apart — for better or worse.
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.
| 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 |
2X points
1.3¢ Per Dollar Spent
5X points
3.3¢ Per Dollar Spent
5X points
3.3¢ Per Dollar Spent
Transfer To Spouse/Partner Yes
Transfer To Friends Yes
Outside Point System Cash in Cents
1:1 71% value retained
1:1 100% value retained
1:1 91% value retained
1:1 63% value retained
1:1 91% value retained
1:1 71% value retained
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
Brand New Chase Ink Business Premier Credit card - Earn $1000 cash back after spending $10,000 in 3 months. $195 Annual Fee.
This card is unique in that the rewards cannot be transferred to travel partners, but can be redeemed as statement credits or used for purchases in the Chase portal.
