The Chase Ink Business Premier is more like the latter — a solid earner that businesses with significant expenses can use to supercharge their return on spending.
Let’s take a closer look at the new card and its features.
The information for the Chase Ink Business Premier card and Bank of America Premium Rewards Elite credit card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
The Ink Business Premier charges a $195 annual fee, and while that squarely fits in the mid-tier price spectrum, the card is really intended for high-spending businesses, which we’ll explain later. It’s $100 more per year than the Ink Business Preferred Credit Card, which only charges $95 per year.
First, the good news: Chase Ink Business Premier cardholders can earn $1,000 cash back (or 100,000 non-transferable Ultimate Rewards points) after making $10,000 in purchases in the first three months of account opening.
For now, applications are only open to those with an existing business relationship with Chase; broader applications, including online applications, will likely open in early 2022.