Ink Business Preferred Credit Card

Rewards by category

Our take

The Ink Business Preferred is a business Visa built for a specific spend shape: shipping, advertising, and phone and internet service, all earning 3x Chase Ultimate Rewards points. It ranks first in SwipeCaddy's shipping and advertising categories and fourth for phone and internet. If your operation puts real money into ads, postage, or connectivity — think agencies and e-commerce sellers — this is the specialist card for those lines.

The tradeoff is a $95 annual fee and one shared ceiling: the three 3x categories draw from a single pool of $150,000 in combined spending per anniversary year. Past the cap, purchases earn the 1x base rate. SwipeCaddy's rankings also price an Ultimate Rewards point at a conservative one cent, so 3x is scored as roughly 3 percent back, and no signup bonus is part of the math.

Treat it as a specialist, not a floor. Outside shipping, advertising, and phone and internet, everything earns 1x, which at a one-cent valuation is a weak everyday rate. In a small business wallet it pairs naturally with a flat-rate card that handles the rest. If your spending doesn't concentrate in those three categories, the $95 fee has little to work with, and skipping it is the honest answer.

The math

Run $250 a month of flights through this card and you're earning about $90 a year at our conservative valuations. Against the $95 annual fee, that top rate needs roughly $800 a month of flights spend before it beats a no-fee flat 2% card.

Where it lands in our rankings: #1 for shipping · #1 for advertising

Store bonuses

• Lyft5x

Common questions

Does Ink Business Preferred Credit Card have an annual fee?

Yes — $95 per year.

What does Ink Business Preferred Credit Card earn on flights?

3x on flights (up to $150,000/anniversary yr (combined)).

What rewards does Ink Business Preferred Credit Card earn on everything else?

1x on all other purchases, in Chase Ultimate Rewards.

Is the $150,000 cap on the Ink Business Preferred per category?

No. Shipping, advertising, and phone and internet share one combined pool of $150,000 per anniversary year, not $150,000 each. Spending beyond that earns the card's 1x base rate. If one category alone approaches the ceiling, remember the other two are drawing it down as well, and route overflow spending to a different card.

How much is a Chase Ultimate Rewards point worth on this card?

SwipeCaddy's rankings value each point at a conservative one cent, so the 3x categories score as roughly 3 percent back and the 1x base as roughly 1 percent. There is no signup bonus in the math either. Compare it against a flat-rate cash card on those terms before paying the $95 fee.

Related reading

• How we value points and miles (and why our numbers are lower than everyone else's)SwipeCaddy ranks cards by reward rate × a conservative cash value per point: 1¢ for cash back and transferable points (Chase, Amex, Citi, Capital One, Bilt), 1.1–1.3¢ for airline miles, 0.4–1.4¢ for hotel points, and 0.8–0.9¢ for store currencies. Optimistic transfer values are recorded for context but never ranked, because most people never achieve them.