If you have a business and you’re looking for a solid travel rewards card, you may not need to look further than the Ink Business Preferred® Credit Card. It offers the ability to earn valuable Chase Ultimate Rewards® points across a wide range of categories with a minimal annual fee. The card’s enhanced earn rate on travel could add up if you spend a lot on business trips.
Who it’s best for: Road warriors who want flexibility in their reward options.
Rewards: Earn 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year and 1 point per dollar on all other purchases.
Welcome offer: Earn 100,000 points after spending $8,000 on purchases in the first 3 months from account opening.
Annual fee: $95
Other benefits and drawbacks: After you’ve earned a stash of valuable Chase Ultimate Reward points, you’ll be able to redeem them at a rate of 1 cent each for cash back or 1.25 cents each when used toward travel through the Chase portal. You can also transfer your points at a 1:1 ratio to airline and hotel partners, including United and Hyatt, where you may be able to get even more value for your points.
The Ink Business Preferred® Credit Card also offers a number of additional travel and purchase protections including trip cancellation and interruption coverage, rental car insurance coverage when your rental is for business purposes, cellphone protection, extended warranty and purchase protection.