The Chase Ink annual fee is $0 for Ink Business Cash, $0 for Ink Business Unlimited, and $95 for Ink Business Preferred. When a Chase Ink card has an annual fee, the charge applies to the first monthly bill after account opening. Chase will then charge the fee each subsequent year during the month of the account anniversary.
Despite the $0 annual fee for Ink Business Cash and $0 annual fee for Ink Business Unlimited, both cards still give substantial rewards and are decent options for financing purchases initially.
While Ink Business Preferred charges $95 per year, it offers the best rewards and benefits out of the entire Ink family in return. Ink Business Preferred offers a high amount of points on travel and business purchases, along with an initial bonus of 100,000 points for spending $15,000 in the first 3 months.
You cannot get the Chase Ink Business Preferred annual fee waived anymore. At one time, Chase waived Ink Preferred’s $95 annual fee for the first year for in-branch applicants, but Chase discontinued that offer in 2017.
However, Ink Preferred cardholders whose businesses have been affected by the novel coronavirus may be able to request an annual fee waiver through Chase’s Payment Assistance Program. Visit the Chase … read full answercoronavirus resource page or call 1 (888) 356-0023 to find out what options are available. Getting the Ink Preferred annual fee waived is not guaranteed, but there’s no harm in asking.
The best Chase business credit card is the Ink Business Preferred® Credit Card because it offers a bonus of 100,000 points for spending $15,000 in the first 3 months. Ink Business Preferred also gives 3 points / $1 spent on travel and select business purchases, plus 1 point / $1 on everything else. Preferred provides free employee cards, too. And it has a $0 foreign transaction fee. The annual fee is $95.… read full answer
The Ink Business Cash® Credit Card offers the best ongoing cash back bonuses of any Chase business credit card. It has a $750 bonus for spending $7,500 in the first 3 months. And it gives 5% cash back on the first $25,000 spent per year at office supply stores and on internet/cable/phone services. Plus, it offers 2% back on the first $25,000 spent per year at gas stations and restaurants, along with 1% on everything else. There’s a $0 annual fee.
But if you want to earn rewards at a flat rate, Ink Business Unlimited® Credit Card comes out on top. It offers unlimited 1.5% cash back on all purchases. And it has a $0 annual fee.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.