Chase Ink Business Premier review: Benefits for big-ticket spending
Becky Pokora
Contributor
Robin Saks Frankel
Senior Content Editor
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Summary
- The Chase Ink Business Premier stands out for companies seeking high flat-rate rewards, earning a a minimum of 2% cash back on every purchase.
- Extra benefits include increased rewards on purchases over $5,000 and access to paying over time with the Flex for Business financing tool.
- This card is may appeal to companies managing large or high-volume purchases.
- Read more in our comprehensive review of the Chase Ink Business Premier card
Editorial note: Our top priority is to give you the best financial information for your business. Nav may receive compensation from our partners, but that doesn’t affect our editors’ opinions or recommendations. Our partners cannot pay for favorable reviews. All content is accurate to the best of our knowledge when posted.
Chase Ink Business Premier overview
Annual fee: $195
Welcome bonus: As of Feb. 17, 2026, get $1,000 cash back after spending $10,000 in the first three months Subject to credit approval.
Rewards rates:
- 5% cash back on travel booked through Chase Travel
- 2.5% cash back on purchases of $5,000 or more
- 2% cash back on all other purchases
Key benefits:
- No foreign transaction fees
- Free employee cards
- Auto rental collision damage waiver
- Cellphone insurance
- Purchase protection
- Extended warranty protection
Chase Ink Premier pros and cons
Pros
- High cash-back rate on large purchases
- Unlimited 2% cash back on all purchases
- Ability to pay for qualifying purchases over time with Flex for Business
- No foreign transaction fees
- Cellphone insurance
Cons
- High annual fee
- Most purchases require payment in full
- Limited bonus categories
- No travel partners
Chase Ink Premier welcome bonus and sign-up offer
The Ink Business Premier currently offers a welcome offer of $1,000 cash back after spending $10,000 in the first three months after approval.
Like many Chase credit cards, the bonus may not be available to you if you’ve previously held this card, if you’ve opened more than five credit cards in the past 24 months (a restriction commonly referred to as “5/24”), or if Chase determines other prior credit behavior activity precludes you from earning this bonus. Chase’s 5/24 policy is not officially published and may change at any time.
Chase Ink Premier rewards and earning rates
Cash back structure
The vast majority of purchases on the Ink Premier earn a flat rate of 2% cash back — making it easy for your company to understand the rewards you’ll earn. Your rewards will be upgraded to 2.5% on any transactions over $5,000: That’s a huge advantage for bulk inventory orders, major advertising buys, or new equipment purchases.
Travel reservations made through the Chase Travel portal will earn 5% cash back, which is also a nice boost for businesses.
How purchases over $5,000 work
The 2.5% cash-back rate on large purchases applies to any single transaction of $5,000 or more, whether that’s one major expense or a bulk order totaling at least $5,000. For example, a company-wide order for employee business cards costing $5,000 would earn 2.5% cash back. However, if you placed 50 separate transactions for business cards at $100 each, you would only earn 2% cash back since each transaction was less than the $5,000 threshold.
Be aware that some retailers only charge your card when items are shipped, which could reduce your cash-back rate to 2% for large orders split across multiple shipments.
Does the Chase Ink Premier have an annual fee?
The annual fee on the Ink Premier is $195 per year. That’s about double what you’ll pay on most mid-range business credit cards.
While that might sound steep, the increased rewards could justify the added cost. Assuming a 2% rewards rate, you’d need to spend $9,750 on the card annually to break even on the $195 fee or spend about $20,000 to outearn the 1% rewards rate offered by several no-annual-fee business cards. These numbers are for illustration purposes only.
What are the Chase Ink Premier key benefits and perks?
Travel protections
Though this isn’t a travel credit card, the Ink Premier includes primary auto collision damage waiver when renting a car for business purposes. It also includes travel and emergency assistance: Just call the hotline and you’ll have access to a team that can help with any arrangements you need during unexpected travel issues.
Cellphone protection
When you pay your cellphone bill with your Ink Premier, you’ll automatically be covered for cellphone protection. You can get up to $1,000 per claim against covered theft or damage, up to three claims per 12-month period. A $100 deductible applies for each claim.
Purchase protections
Purchase protection covering any qualifying items bought with your Ink Premier can protect you for up to $10,000 per item for the first 120 days if stolen or damaged via covered reasons. The Ink Premier also includes extended warranty protection for an additional year on items with eligible manufacturer’s warranties of three years or less. Both of these are easy ways to protect your company from unexpected expenses.
Other perks
An additional valuable Chase Ink Premier benefit is the lack of foreign transaction fees. This can save you 3% or more compared to other cards when using your Ink Premier to pay for transactions priced in other currencies, like international travel or products and services purchased abroad.
What is the Flex for Business feature?
The Ink Business Premier is a pay-in-full card, meaning you’ll need to pay off your purchases each month. However, cardholders may be able to pay for some purchases over time (with interest) through Flex for Business. This financing option applies to a portion of your credit line, providing additional flexibility when there’s a gap in your cash flow.
Interest rates on Flex for Business purchases vary based on creditworthiness. As of February 17, 2026, APRs start at a variable rate of 17.74% and are subject to change. Because of that, paying over time should be used sparingly or strategically. Purchases paid in full do not accrue interest.
Most charge cards are true pay-in-full cards without this flexibility, giving the Ink Premier a meaningful advantage for companies with seasonal purchases, large one-time expenses, or those managing growth.
Chase Ink Premier credit requirements and eligibility
Most applicants approved for this card have excellent credit (FICO® score of 740 or above). You’ll also need a legitimate business, though sole proprietors, LLCs, and corporations are all eligible. You may be a sole proprietor even if you’re a freelancer, gig worker, or side hustler.
Chase Ink Premier requirements may also consider your credit card activity as a whole, including looking at how many credit cards you’ve opened recently, if you cancel or close cards frequently, and how you’ve used other Chase credit cards in the past.
Chase Ink Business Premier alternatives
Ink Business Premier vs. Ink Business Preferred
Though the Ink Business Premier is fantastic for high-spending companies, the Ink Business Preferred makes more sense for businesses with varied spending, especially if you prefer flexible travel rewards.
Ink Business Premier | Ink Business Preferred | |
Annual fee | $195 | $95 |
Rewards type | Cash back | Flexible points |
Bonus categories | Purchases over $5,000; travel | Shipping; select advertising; internet, cable, and phone; travel |
Standard payment terms | Pay-in-full | Flexible to carry a balance |
Ink Business Premier vs. Ink Business Unlimited
Both the Ink Business Premier and Ink Business Unlimited are cash-back credit cards and could be excellent for your scenario—though it depends on your particular spending habits. The Ink Business Unlimited earns a flat 1.5% cash back on all purchases. Ink Premier cash back rates are higher, but the Ink Business Unlimited has no annual fee. Because of that, the Ink Unlimited could be a better choice for companies with lower spending or that are more sensitive to fees.
Ink Business Premier vs. Ink Business Unlimited
Both the Ink Business Premier and Ink Business Unlimited are cash-back credit cards and could be excellent for your scenario—though it depends on your particular spending habits. The Ink Business Unlimited earns a flat 1.5% cash back on all purchases. Ink Premier cash back rates are higher, but the Ink Business Unlimited has no annual fee. Because of that, the Ink Unlimited could be a better choice for companies with lower spending or that are more sensitive to fees.
Ink Business Premier vs. Capital One Spark Cash Plus
The Capital One Spark Cash Plus is extremely similar to the Ink Business Premier, but is issued and managed by Capital One. You’ll earn 2% cash back on every purchase with the Spark Cash Plus. There’s no bonus for higher cost transactions, but the annual fee is lower (at $150 per year). You can also earn a full refund on that annual fee if you charge $150,000 or more on your Spark Cash Plus in a calendar year, which could make up for that difference. It could be a fantastic choice if you have many smaller transactions.
Ink Business Premier vs. American Express Business Cards
American Express offers several business cards, but its popular The Business Platinum Card® from American Express and American Express® Business Gold Card are not cash-back credit cards. These cards instead earn Membership Rewards®, which are perfect for transferable travel rewards and less valuable if you prefer statement credits. Amex cards may also be suboptimal if you have lots of international transactions. Though American Express is widely accepted in the U.S., in some regions, American Express may have lower acceptance compared to Visa or Mastercard.
Earn elite status membership and premium perks for business travel.
Pros
- Access to multiple airport business lounges, $200 annual airline fee credits, elite status with hotel and rental car programs, and strong purchase protection policies
- This card also earns points in Amex’s excellent Membership Rewards program.
Cons
- This card has a steep annual fee.
Intro APR
Purchase APR
Annual Fee
Welcome Offer
High annual fee, best for large purchases in consistent categories.
Pros
- This card has a great rewards program and offers flexibility compared to true charge cards.
Cons
- High annual fee
- Only 1x rewards outside of your top categories.
Intro APR
Purchase APR
Annual Fee
Welcome Offer
Who should get the Chase Business Ink Premier?
Best for
- Businesses with regular large purchases ($5,000+)
- Businesses who favor cash back over travel rewards
- Businesses with high spending to justify the annual fee
Not ideal for
- Businesses that need to carry a balance
- Businesses with mostly small transactions
- Businesses seeking transferable travel rewards
How to apply for the Ink Business Premier
Applying for the Ink Business Premier is straightforward:
- Check your credit score. The Chase Ink Business Premier typically requires excellent credit (740 or higher).
- Gather your business information. You’ll need basic details including your name, address, business structure (sole proprietorship, LLC, corporation, etc.), tax identification number, and estimated business revenue.
- Watch out for Chase’s relationship requirements. Chase may deny your application if you’ve opened too many accounts recently. Or, you may be approved but denied the bonus if you’ve previously held this card before.
- Submit an application. You can apply online, via phone, or in person at a Chase branch. Many applications receive a decision the same day.
The bottom line: Is the Ink Business Premier worth it?
The Ink Business Premier is a great card for companies that can afford to pay their bill in full and have enough spending to justify the annual fee. It's especially rewarding for companies that regularly charge transactions of $5,000 or more, since it offers a bump in rewards for those line items. If you’re looking for predictable, cash-back rewards without tracking bonus categories, the Ink Business Premier is a strong choice.
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Becky Pokora
Contributor
Becky Pokora is a credit expert and financial writer who specializes in helping people make smarter decisions with credit. She previously owned and operated a small business, giving her firsthand experience navigating cash flow, credit, and financial tradeoffs from a business owner’s perspective. Additionally, Becky has covered credit cards, lending, and personal finance for Forbes Advisor and other major publications, translating complex rules and fine print into clear, practical guidance. When she’s not writing, you’ll find her hiking in the mountains, traveling, or spoiling her dog.
Robin Saks Frankel
Senior Content Editor
Robin has worked as a personal finance writer, editor, and spokesperson for over a decade. Her work has appeared in national publications including Forbes Advisor, USA TODAY, NerdWallet, Bankrate, the Associated Press, and more. She has appeared on or contributed to The New York Times, Fox News, CBS Radio, ABC Radio, NPR, International Business Times and NBC, ABC, and CBS TV affiliates nationwide.
Robin holds an M.S. in Business and Economic Journalism from Boston University and dual B.A. degrees in Economics and International Relations from Boston University. In addition, she is an accredited CEPF® and holds an ACES certificate in Editing from the Poynter Institute.