What's the difference: Chase Ink Preferred vs. Chase Sapphire Preferred? This question is about the Ink Business Preferred® Credit Card

What's the difference: Chase Ink Preferred vs. Chase Sapphire Preferred?

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This question is about the Ink Business Preferred® Credit Card

Anne Murray, Member

@anne_murray21 • 09/21/20 This answer was first published on 09/21/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The main difference between the Chase Ink Preferred and the Chase Sapphire Preferred is that while the Ink is a rewards card for businesses, the Sapphire is a personal rewards card.

The Ink Preferred offers 3 points per $1 spent on business related categories such as travel, shipping, cable and phone service, internet or advertising through social media. The Sapphire Preferred on the other hand offers 2 points/$1 spent on travel and dining worldwide, delivery services, takeout and dining out. For other purchases you get 1 point per $1 spent with both cards.

Both of them have a $95 annual fee, offer generous sign-up bonuses, have no foreign transaction fee and require good or excellent credit score for approval.

Whichever you choose to apply for, don't forget that it could result in a hard pull on your credit, lowering it for a short period of time!

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