Costs & Pricing

Metric	Ink Business Preferred® Credit Card	Business Advantage Customized Cash Rewards
Annual fee	$95 (no first-year waiver published)	$0
Employee card fee	$0	$0 (no published cap on number)
Purchase APR	17.74%–26.74% variable (Prime + 10.99% to +19.99%; max 29.99%)	16.74%–26.74% variable after intro (creditworthiness-based; Prime + margin not printed on marketing summary)
Intro APR (purchases)	Not offered	0% for 7 billing cycles, then 16.74%–26.74% variable
Foreign transaction fee	$0	3%
Late payment fee	$40	Not disclosed on public product pages

Rewards & Value

Metric	Ink Business Preferred® Credit Card	Business Advantage Customized Cash Rewards
Base earn rate	1 Ultimate Rewards point per $1 on all other purchases (uncapped)	1% on all other Net Purchases (PRFB can lift to 1.25%/1.50%/1.75%)
Welcome bonus	100,000 Ultimate Rewards points after $8,000 purchases in first 3 months (posts 6–8 weeks after qualifying)	$500 cash rewards after at least $5,000 in purchases in the first 90 days (live public online offer, 3 Sep 2026)
Redemption value	1¢/point cash (RPA contractual floor); Chase Travel marketed at 1.25¢; transfers at partner ratios	1¢ per 1% (cash is cash). No travel portal, no transfer partners.
Transfer partners	Native transfers (airlines 1:1; IHG, Marriott, Wyndham 1:1). World of Hyatt 1:1 through 9/30/2026, then 4:3 from 10/01/2026 (1,000 UR → 750 Hyatt). Unlocks transfers for Ink Cash/Unlimited points moved onto this card.	None

Credit & Eligibility

Metric	Ink Business Preferred® Credit Card	Business Advantage Customized Cash Rewards
Personal guarantee	Required — authorizing officer liable individually and jointly with the business for all balances	Required in substance — cards are backed by personal credit; owner/authorized officer applies
Credit check	Hard pull on the authorizing officer (standard Chase practice)	Hard personal pull on applying owner/authorized officer (treat as hard unless a prequalification tool says otherwise — none advertised)
Employee cards	Free; number not capped in public copy; individual spend limits and real-time tracking	Free; no published numeric cap; employee-transaction monitoring. Per-card sub-limits Unclear vs the separate CORP product.
Product type	Revolving business credit card	Revolving small-business credit card

Pros & Cons

Ink Business Preferred® Credit Card

Pros

• 100,000 UR / $8,000 / 3-month welcome bonus; authorized-user spend counts
• 3x on shipping, direct social/search ads, comms, and travel up to $150k per anniversary year
• Native Ultimate Rewards transfers; unlocks transfers for Ink Cash/Unlimited points
• $0 foreign-transaction fee and $0 employee cards
• Cell-phone protection plus purchase protection and primary business rental CDW

Cons

• $95 annual fee with no Global Entry, lounge, or travel statement credit
• No intro 0% APR — poor working-capital tool if a balance will be carried
• Personal guarantee + hard pull + unofficial 5/24 gate
• Advertising 3x is narrow (direct platform MCCs, not agencies); office supplies are not 3x
• Hyatt transfers drop to 4:3 on October 1, 2026; bonus likely unavailable if you ever held this card

Business Advantage Customized Cash Rewards

Pros

• $0 annual fee and $0 employee-card fees
• Monthly-switchable 3% category plus 2% dining (first $50k combined); PRFB can take choice to 5.25%
• Live $500 / $5,000 / 90-day bonus and 0% purchase APR for 7 billing cycles
• Cash redeems to deposit, statement, or check; no expiration while open
• In good standing, issuer says the card stays off personal credit reports

Cons

• 3% foreign-transaction fee
• 3%/2% share one $50,000 calendar cap, then 1% (+ PRFB)
• Headline 'up to' rates require business checking and $20k–$100k combined balances
• Personal-credit underwriting and personal liability; not a no-PG startup card
• Intro APR is short and purchases-only; 5% BT fee with no 0% BT

Verdict

Ink Business Preferred® Credit Card

Ink Business Preferred is the transfer keystone of the Ink family — 3x on the spend categories many operators actually have, $0 FTF, and a 100k welcome bonus, all at $95. Pair it with Ink Cash or Unlimited if you want the rest of spend at cash-back rates with transferable points parked here. Skip it if you need 0% capital, no personal guarantee, lounges, or simple uncapped cash back.

Business Advantage Customized Cash Rewards

Customized is the category SKU, not the flat 1.5% Unlimited card. It wins when gas, office supply, travel, telecom, computer services, or consulting plus dining stay under $50k combined. After the cap, or if you will not enroll in PRFB, Unlimited is usually simpler. Poor fit for foreign spend, ad-heavy businesses, or anyone who needs no personal guarantee.