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Chase currently offers two business Ink credit cards: the Ink Business Preferred® Credit Card and the Ink Business Cash® Credit Card. Both the Ink Business Preferred and Chase Ink Cash cards can make an excellent option for your business purchases and travel. The one primary difference between both cards is how you can redeem your rewards points. Let’s break down the comparison category-by-category to help determine the best Chase Ink Business credit card for you.

Is the Chase Ink Preferred or Ink Cash a better business credit card?

Sign-Up Bonus on Chase Ink Preferred vs Ink Cash

Ink Preferred: 100,000 bonus Ultimate Rewards points after spending $15,000 in the first 3 months of account opening
Ink Cash: $750 cash back after spending $7,500 in the first 3 months of account opening

Chase Ink Business Preferred

The Ink Business Preferred® Credit Card has the most valuable sign-up bonus of any Chase credit card that earns Ultimate Rewards points. Although, you must spend $15,000 in the first three months of ownership. When redeemed for award travel on the Chase travel portal, your bonus is worth $1,250 in award travel thanks to the 25% travel redemption bonus. Of course, you can also transfer your points on a 1:1 basis to the Chase travel partners and be worth even more!

Chase Ink Cash

With the Ink Business Cash® Credit Card, you will earn $750 cash back after spending $7500 in the first three months.

Annual Fee for Chase Ink Preferred & Ink Cash

Ink Preferred: $95
Ink Cash: $0

As you will discover in this article, the Ink Business Preferred is basically the business version of the Sapphire Preferred, except you have the opportunity to earn bonus Ultimate Rewards points on your business-related purchases. If you like the flexibility of how you can earn or redeem your points, the $95 annual fee can be well worth it.

The Chase Ink Cash, on the other hand, doesn’t have an annual fee and can be the better option if you simply want cash rewards. Or, if you already own a Chase Sapphire card and only need a secondary business credit card to capture bonus points on the business spending categories that would only earn one point each with the Sapphire Preferred or Sapphire Reserve.

Earning Purchase Rewards

Ink Preferred: Earn up to 3 points per $1 on the first $150,000 in travel and select business spending categories
Ink Cash: Earn up to 5% cash back on the first $25,000 in combined spending in select categories each account anniversary year

Both cards offer similar purchase rewards, but, there are a few differences.

Chase Ink Business Preferred

Let’s start with the Ink Preferred. You can earn 3 points per $1 on the first $150,000 combined spending each year on the following categories:

  • Travel
  • Shipping purchases
  • Internet, cable, and phone services
  • Advertising through social media and search engines

After you have spent $150,000 in combined purchases for the above categories, you will only earn one point per $1. For all other purchase categories, you will earn an unlimited everyday rate of 1 point per $1.

Chase Ink Cash

The Ink Business Cash® Credit Card has a 5-2-1 tiered rewards system and pays purchase rewards on two different purchase categories:

Earn 5% cash back on the first $25,000 in combined spending in the categories below each account anniversary year:

  • Office supply stores
  • Phone, internet, and cable services

Earn 2% cash back on the first $25,000 in combined spending in the categories below each account anniversary year:

  • Gas stations
  • Restaurants

You will earn 1% on all remaining purchases and 1% on all bonus category purchases when you have spent at least $25,001 each anniversary year.

Which Chase Ink Card Has Better Purchase Rewards?

The answer depends on how much you plan to spend and on what purchases. The Ink Business Cash® Credit Card is better for “around town” purchases if you plan on buying a client’s lunch or buy your office supplies from your local Staples or Office Depot. Being able to earn double points on gas is also another nice touch as this is the only Chase card that lets you earn double points year-round for this purchase type.

If you constantly travel for business and operate an online-based business, the Ink Business Preferred® Credit Card is by far the better option. You can earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

Redeeming Purchase Rewards

Ink Preferred: Redeem for award travel (25% bonus), cash back, gift cards, and transferred to a 1:1 travel partner
Ink Cash: Redeem for award travel, cash back, and gift cards

This is where the Ink Business Preferred® Credit Card earns its living. Why? Even though both credit cards earn Ultimate Rewards points, your points are more valuable with the Ink Preferred. Points redeemed for travel are worth 1.25 cents each (10,000 points=$125) instead of the usual value of one cent per mile (10,000 points=$100). And, you can also transfer your points to a 1:1 Ultimate Rewards travel partner  

With the Ink Business Cash® Credit Card, all points are only worth one cent each regardless of how you redeem your rewards. As the name of the card implies, Ink Business Cash, cash back rewards will be the best option. If you also own a Chase Sapphire or Ink Business Preferred, the points earned with your Ink Cash can be worth 1.25 cents each or transferred to a 1:1 travel partner as you can “pool” the Ultimate Rewards points earned by any Chase card you own (Sapphire, Freedom, Ink).

Additional Travel and Purchase Benefits

Both cards also have some nice benefits that will be similar to the Chase Sapphire Preferred. The Ink Business Preferred® Credit Card is still the better option as you can enjoy complimentary cell phone protection.

Chase Ink Preferred

Here are the highlights of the additional benefits Ink Business Preferred® Credit Card cardholders will enjoy:

  • $600 cell phone protection (3 claims per year)
  • Primary auto rental car damage waiver
  • Up to $5,000 in trip cancellation and trip interruption insurance
  • Complimentary roadside assistance

These additional benefits are virtually identical to the Chase Sapphire Preferred benefits. The one addition is that you get $600 in cell phone protection per claim. You can get up to three claims per year ($1800 per year) after paying a $100 per claim deductible.

Chase Ink Cash

The Ink Business Cash® Credit Card has some travel benefits, but, nothing to the extent of the Ink Preferred:

  • Primary auto rental car damage waiver
  • Complimentary roadside assistance
  • Extended warranty protection

You won’t get free cell phone protection or trip cancellation coverage as you will with the Ink Preferred. But, you’re not paying a $95 annual fee either.

Additionally, cardholders may redeem rewards for cash back, gift cards, travel, and more through the Chase Ultimate Rewards portal. Fraud protection is also included with the card as well as zero fraud liability. Cardholders won’t be held responsible for unauthorized charges made with their card or with their account information.

Summary on the Chase Ink Preferred vs. Ink Cash

Who wins the Ink Preferred vs. Ink Cash debate? Let’s find out:

The Ink Preferred Wins When…

The Ink Business Preferred® Credit Card is the better option when you want a card that can provide the following:

  • Has a much higher sign-up bonus
  • You want to earn three points per $1 on travel and business-related purchases
  • Redeem points for 1.25 cents for travel or transfer on a 1:1 basis
  • Enjoy additional cardholder benefits like cell phone protection and trip cancellation insurance

The Ink Business Cash® Credit Card Wins When…

  • You want to earn bonus points on business purchases without paying an annual fee
  • Spend less than $25,000 for the 5% and 2% bonus categories
  • Can also redeem your points with a Chase Sapphire to receive the 25% redemption bonus or transfer to a 1:1 travel partner

Both Chase Ink Business credit cards are excellent options to capture bonus rewards points on your business purchases, but the Ink Business Preferred® Credit Card a higher sign-up bonus. And, if you own the Ink Business Preferred you basically get a business card version of the Chase Sapphire Preferred, which is one of the best travel rewards cards you can hold in your wallet.


Chase Sapphire Preferred® Card

  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

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2 Comments On "Chase Ink Preferred vs. Chase Ink Cash?"
  1. Scott|

    Ink cash is 2x on gas and dining, not 3x

    1. Geoff Whitmore|

      Thanks! Fixed.

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