Chase Ink Business Preferred Credit Card Review

• Generous reward rate. You will get a rewards rate of up to 3 points per dollar spent.
• Signup bonus. Offers a signup bonus of 100000 points after spending $15,000 that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Chase Ink Business Preferred Credit Card has a variable purchase APR that ranges from 15.99% up to 20.99%.
• 5% Balance transfer fee. Chase Ink Business Preferred Credit Card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Who is Chase Ink Business Preferred Credit Card designed for?

Chase Ink Business Preferred Credit Card is a credit card issued by Chase Bank. 

This card is designed for businesses with good credit. The minimum credit score to apply is 700.

What are the relevant APRs for Chase Ink Business Preferred Credit Card?

Chase Ink Business Preferred Credit Card has a variable purchase APR that ranges from 15.99% up to 20.99% . The card has a variable balance transfer APR that ranges from 15.99% up to 20.99% .

It also has a variable cash advance APR of 24.99% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the Chase Ink Business Preferred Credit Card fees?

The following fees apply to Chase Ink Business Preferred Credit Card:

• An annual fee of $95.
• A late payment penalty of up to $39.
• A returned payment fee of up to $39.

Is there a Chase Ink Business Preferred Credit Card cash back or rewards program?

Chase Ink Business Preferred Credit Card offers a rewards program to its customers. The rewards program allows you to earn cash with every purchase you make. This card offers rewards to businesses that use the card to make purchses in the following categories:

• Advertising Services
• Airfare
• Amazon.com
• Car Rentals
• Internet, Cable, Phone
• Every Purchase
• Hotels
• Office Supplies
• Shipping

What are the Chase Ink Business Preferred Credit Card benefits?

Chase Ink Business Preferred Credit Card provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Fraud Liability
• Travel Accident Insurance
• Cellular Telephone Protection
• Travel Assistance
• Reports to major credit bureaus

Does Chase Ink Business Preferred Credit Card report your account activity to credit bureaus?

Yes, Chase Ink Business Preferred Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Chase Ink Business Preferred Credit Card

• Visit the Chase Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.