The Ink Business Preferred Card offers an exceptional points-earning rate on select business purchases and generous travel benefits such as primary rental car insurance coverage and cell phone protection for you and your employees if bill payment is made through this card.
This perk can come in handy if you lose or damage your phone while traveling, as well as for unexpected expenses that arise unexpectedly. We estimate this perk at $100.
No foreign transaction fees
If your work requires frequent travel abroad or incurs invoices in foreign currency, the Ink Business Preferred Card could save you significant money over time by not charging foreign transaction fees. Many other business credit cards charge these fees so this feature should be taken into consideration when choosing your card – especially if frequent international travel is involved!
This card also comes equipped with numerous additional benefits that can save both time and money, including cell phone insurance and extended warranty coverage. Furthermore, free employee cards make earning rewards easier; making this credit card especially suitable for smaller businesses who may struggle to meet minimum spending requirements with other business credit cards.
With the Ink Business Preferred Card, you can earn three points per dollar spent in select categories each year (then one point) until $150,000 has been spent (then it goes down to 1 point). These bonuses should more than make up for its $95 annual fee – although if you want even greater customizable rewards consider American Express Business Gold Card which offers fourx points in two of your highest spending categories each month (including online advertising), at an annual fee of $295.
Chase cards offer no restrictions on how many they can hold at once, making it simple to maximize points earnings. However, the Ink Business Preferred Card falls under Chase’s 5/24 rule – so you will not be approved if you opened more than five cards within 24 months.
Additionally, this card offers no foreign transaction fees and features an impressive welcome bonus of up to $900 when meeting its spending requirement of $6,000. Furthermore, other perks of the card include trip delay protection and cell phone insurance coverage.
The Ink Business Preferred Card stands out among business credit cards in terms of rewards, benefits and interest rates. Offering generous travel and business rewards with no annual fee as low as other business credit cards’ annual fees can be. Other perks include no foreign transaction fees as well as no foreign APR on balance transfers and purchases – not to mention its free cell phone app to track spending and balance!
Purchase protection
The Ink Business Preferred Card stands out among small business credit cards because of its generous rewards and perks, with its sign-up bonus ranking among the highest of any card we’ve seen and its 2% return on non-bonus spending (or 3 points per dollar when booking travel through Chase’s travel portal) rivaling many others. Furthermore, its travel benefits such as cell phone protection and trip delay coverage should also be carefully considered when considering this card for small businesses.
Unlike many credit cards, the Ink Business Preferred offers generous purchase protection. You’re protected against damage or theft for up to 120 days with up to three claims per year allowed; additionally, purchases made using this card come with free extended warranties – an invaluable benefit for small businesses that regularly need expensive electronics or office equipment purchases.
Travel accident insurance, offered as an additional benefit of the Ink Business Preferred Card, covers accidental death or dismemberment while traveling on common carriers. This feature can be invaluable if you travel frequently and check bags on flights; we estimate its worth at $200 but could potentially save thousands should any belongings go missing during travel.
Other card perks for business travelers who travel frequently include primary coverage for car rentals and roadside assistance – an invaluable service when car rental agreements expire, which makes the Ink Business Preferred especially advantageous for frequent travelers. Furthermore, travel delay protection reimburses for incidentals such as toiletries and clothing expenses in case your flight is delayed by 12 or more hours; plus this card provides a $100 airline travel credit, making getting to airport faster simpler!
The Ink Business Preferred is ideal for entrepreneurs whose expenses include travel, shipping, advertising and telecom expenses; however, it offers less in these categories than its Business Unlimited card; moreover it features auto rental collision damage waiver protection as well as 5% cash back on all other card spending.
Cell phone insurance
If you own a business, the Ink Business Preferred card offers points and benefits that could save your company money. With its generous welcome bonus and extensive travel and purchase protections – plus the ability to transfer Ultimate Rewards points between 14 travel partners for booking high-value flights – this card makes one of the best cards for offsetting travel expenses.
The card also comes equipped with other small business management benefits, including 24/7 account access and quarterly reports. You can even track employee spending for accounting purposes using this card without incurring an annual fee – and can get up to 99 additional employee cards free of charge!
Your business expenses could include office supplies, internet and phone services as well as internet advertising costs – with each category earning three times more points! Plus you could earn back 3% for spending up to $25,000 annually in these categories!
Cell phone insurance is another significant feature of this card. It covers you and any employees listed on your bill against damage or theft for 120 days after purchase, subject to a $100 deductible per claim and up to three claims in any 12-month rolling period.
As this card provides cell phone protection features, be sure to read its fine print carefully to determine whether or not it fits with your lifestyle. Not all credit cards offer such benefits; this one in particular stands out for being ideal for people who spend considerable time using their phones for work purposes.
The Ink Business Preferred card is an excellent choice for business owners who wish to earn Chase Ultimate Rewards while taking advantage of flexible travel credit card benefits. With generous earning categories, no foreign transaction fees, and fraud protection perks – making this an outstanding choice among business travelers – the Ink Business Preferred is also one of the more difficult cards to qualify for due to having opened multiple credit cards within 24 months – however.
Extended warranty
The Ink Business Preferred card is one of our go-to business credit cards, boasting outstanding points-earning rates and offering many useful perks ranging from purchase protection to cell phone insurance coverage. Although other cards provide similar perks, you must carefully evaluate each one to choose one best suited to your business.
This credit card comes equipped with no foreign transaction fees, helping you save money if you make frequent payments in a different currency. This feature is particularly beneficial to businesses that regularly pay invoices in various foreign currencies or travel internationally for business. Furthermore, its generous cellphone protection policy covers you and your employees for up to $1,000 per claim in case of damage or theft, providing invaluable protection in cases when devices go missing or get damaged during use. This feature makes this credit card an excellent solution for companies that frequently lose devices through theft or loss.
The Ink Business Preferred Card also provides an extended warranty on eligible purchases that lasts up to three years from their original date of purchase. You can use your card to extend any manufacturer warranties on qualifying items and it’s easy to register them either online or over the phone; more details can be found at Chase website, including a complete list of qualifying products.
If your business doesn’t plan to spend heavily in bonus categories, Chase Ink cards offer better value. These cards offer cash back via Chase Ultimate Rewards that can be redeemed for travel and other items; in addition, there is no annual fee – making these cards great choices for small business owners.
Ink Business Preferred offers one of the highest sign-up bonuses of any business card. It boasts an exceptional 3x point earning rate in the first $150,000 spent annually on travel, shipping, advertising, internet cable phone services and phone services – giving users an impressive opportunity to rack up points. Furthermore, this card boasts some amazing travel and shopping protections like primary car rental coverage when renting for business purposes and generous cellphone protection coverage.