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 coronavirus 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 Chase Ink Preferred annual fee is $95. This card’s annual fee is higher than the average annual fee among new credit card offers right now. It’s not the only fee you need to worry about with the Ink Business Preferred® Credit Card, either.
Chase Ink Preferred Fees
Annual Fee: $95
Cash Advance Fee: Either $15 or 5% of the amount of each transaction, whichever is greater.
Foreign Transaction Fee: $0
Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
You can submit a Chase Ink Preferred application online from the Chase website. Sign in to your Chase online account, if you already have one, or click the green “Apply as a Guest” button. Once you’ve reached the online application, enter your full name, Social Security number or Tax ID number, birthdate and e-mail address. If you’re an existing accountholder, Chase will list your personal info at the top of the application. All applicants must...
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