Ink Business Premier is Chase’s premium cash-back business credit card designed for companies with high spending and frequent large purchases.
The card earns unlimited 2.5% cash back on purchases of $5,000 or more, unlimited 2% cash back on all other business purchases, and 5% cash back on travel purchased through Chase Travel.
Unlike Ink Business Preferred, Ink Business Premier is primarily designed as a cash-back card rather than an Ultimate Rewards transfer-partner card.
It also has no foreign transaction fees, making it suitable for businesses with significant international spending.
👉 Apply for Ink Business Premier
Ink Business Premier Benefits
| Benefit | Ink Business Premier |
|---|---|
| Annual Fee | US$195 |
| Purchases of $5,000+ | Unlimited 2.5% Cash Back |
| Other Business Purchases | Unlimited 2% Cash Back |
| Chase Travel | 5% Cash Back |
| Employee Cards | No additional cost |
| Rewards Program | Chase Ultimate Rewards |
| UR Transfer Partners | Not designed for point transfers |
| Card Structure | Pay in Full + Flex for Business |
| Foreign Transaction Fee | 0% |
| Best For | Large Business Purchases + Cash Back |
The most important feature is the 2.5% cash-back rate on individual purchases of $5,000 or more.
There is no annual cap on the 2.5% or 2% earning rates, making Ink Business Premier particularly attractive for companies that routinely make large purchases.
Although rewards are tracked as points within Chase Ultimate Rewards, Ink Business Premier should primarily be viewed as a cash-back card rather than a card for transferring UR Points to airline and hotel partners.
Is Ink Business Premier Worth It?
Ink Business Premier has three very clear strengths:
2.5% Cash Back on $5,000+ Purchases
Unlimited 2% Cash Back
5% Cash Back on Chase Travel
The card is especially useful for businesses regularly making large purchases such as equipment, inventory, supplier payments, or other expenses of $5,000 or more per transaction.
For general business spending, unlimited 2% cash back also means there are no bonus categories or spending caps to manage.
The four Ink cards can therefore be separated very easily:
Ink Business Cash → Up to 5X Bonus Categories
Ink Business Unlimited → Unlimited 1.5X General Spending
Ink Business Preferred → 3X Business Categories + UR Transfers
Ink Business Premier → Up to 2.5% Cash Back on Large Purchases
For travelers and points enthusiasts who want to transfer Ultimate Rewards Points to airline and hotel programs, Ink Business Preferred is the better choice.
For businesses focused primarily on high cash-back returns from large expenses, Ink Business Premier has the stronger earning structure.
The 0% foreign transaction fee is another major advantage for companies paying overseas suppliers or making purchases outside the United States.
Ink Business Premier Historical Welcome Offers
| Date | Public Welcome Offer | Minimum Spend |
|---|---|---|
| Oct. 2022 | $1,000 Cash Back | $10,000 / 3 months |
| 2023 | $1,000 Cash Back | $10,000 / 3 months |
| 2024 | $1,000 Cash Back | $10,000 / 3 months |
| 2025 | $1,000 Cash Back | $10,000 / 3 months |
| 2026 | $1,000 Cash Back | $10,000 / 3 months |
Public offers only. Targeted, referral, branch, mail, and other personalized offers are excluded.
👉 Apply for Ink Business Premier
Chase Ultimate Rewards Credit Card Comparison
Chase credit cards can be divided into Personal Cards and Business Cards, while the Ultimate Rewards ecosystem includes both Cash Back and Points-focused products.
General users can choose cards based on everyday spending, travel, or business expenses. Points and miles enthusiasts can combine different Chase Cards to earn Ultimate Rewards and use cards with Transfer Partner access to build a complete Chase Ultimate Rewards Ecosystem.
Personal Credit Cards
| Credit Card | Annual Fee | Core Role | Foreign Transaction Fee |
|---|---|---|---|
| Freedom Flex | $0 | Quarterly 5X | 3% |
| Freedom Unlimited | $0 | Everyday 1.5X | 3% |
| Freedom Rise | $0 | 1.5X / Build Credit | 3% |
| Sapphire Preferred | US$95 | Travel + UR Transfers | 0% |
| Sapphire Reserve | US$795 | Premium Travel + UR Transfers | 0% |
Business Credit Cards
| Credit Card | Annual Fee | Core Role | Foreign Transaction Fee |
|---|---|---|---|
| Ink Business Cash | $0 | Up to 5X Business Categories | 3% |
| Ink Business Unlimited | $0 | Unlimited 1.5X Business Spending | 3% |
| Ink Business Preferred | US$95 | 3X Business Categories + UR Transfers | 0% |
| Ink Business Premier | US$195 | Large Purchases up to 2.5% Cash Back | 0% |
| Sapphire Reserve for Business | US$795 | Premium Business Travel + UR Transfers | 0% |
Application Rules & Restrictions
When applying for Chase credit cards, keep these key rules in mind:
– 5/24 Rule: If you have opened 5 or more credit card accounts that appear on your personal credit report within the past 24 months, it will generally affect your ability to get approved for a new Chase Card. Most Business Cards that do not report to personal credit reports generally do not add to your 5/24 count.
– Welcome Offer Eligibility: Different Chase Cards have their own Welcome Offer restrictions, and some products also have Card Family Restrictions. Being under 5/24 does not necessarily mean you are eligible for a Welcome Offer.
– Application Timing: Chase does not publish a simple fixed application interval, but submitting multiple Chase applications within a short period may affect approval.
A simple Chase application strategy is:
Check 5/24 → Check Welcome Offer / Family Eligibility → Submit Application
Actual application and Welcome Offer Eligibility requirements are subject to the current terms of each Chase Card.
How Can Foreigners Apply for Chase Credit Cards?
Foreign applicants generally need to establish some U.S. Credit History before applying for Chase credit cards.
If you are new to the U.S. credit card market, one strategy is to first obtain a U.S. Amex through Amex Global Transfer, build your U.S. credit history, and then consider applying for Chase.
Amex Global Transfer → U.S. Amex → Build U.S. Credit History → Chase
Applicants must still meet Chase’s current requirements regarding identification, address, credit history, and other application criteria.
