Costs & Pricing

Metric	Ink Business Preferred® Credit Card	First Federal Community Bank Business Zero+ Card
Annual fee	$95 (no first-year waiver published)	$0 (ongoing; Elan product suite + Horizon Zero+ + WalletHub FFCB listing 11 Aug 2026)
Employee card fee	$0	$0 (no fee for additional employee cards)
Purchase APR	17.74%–26.74% variable (Prime + 10.99% to +19.99%; max 29.99%)	0% intro for first 18 billing cycles, then 16.24%–25.24% variable based on creditworthiness at opening (varies with WSJ Prime). Horizon Bank official Zero+ disclosure; WalletHub assigns the same band to this cobrand. With Prime 6.75% (WSJ, 2 Sep 2026) implied margins ≈ Prime + 9.49% to Prime + 18.49%. First Federal does not post its own public Schumer box — confirm live box at apply.
Intro APR (purchases)	Not offered	0% for first 18 billing cycles from account opening, then assigned purchase APR. Does not apply to cash advances. Intro can end early if late payment, returned payment, or overlimit (standard Elan sibling language).
Foreign transaction fee	$0	3%
Late payment fee	$40	WalletHub max $41 (11 Aug 2026). Older Elan PDFs said up to $39. Treat $41 as aggregator; confirm live box.

Rewards & Value

Metric	Ink Business Preferred® Credit Card	First Federal Community Bank Business Zero+ Card
Base earn rate	1 Ultimate Rewards point per $1 on all other purchases (uncapped)	None on ordinary purchases. Program rules: Cash Rewards are not earned for any Purchases other than prepaid air / car / attractions / hotel booked via the Rewards / Travel Center.
Welcome bonus	100,000 Ultimate Rewards points after $8,000 purchases in first 3 months (posts 6–8 weeks after qualifying)	None. Official Elan Zero+ Business copy and WalletHub: no initial rewards bonus.
Redemption value	1¢/point cash (RPA contractual floor); Chase Travel marketed at 1.25¢; transfers at partner ratios	Cash back at 1¢ per 1% via statement credit or deposit to a checking/savings account at this Financial Institution only. Rewards Card value may vary. Do not treat 5% as travel-category MCC. Do not assume 1% on other spend.
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.	Not offered

Credit & Eligibility

Metric	Ink Business Preferred® Credit Card	First Federal Community Bank Business Zero+ Card
Personal guarantee	Required — authorizing officer liable individually and jointly with the business for all balances	Required. Owner and business jointly and severally liable; owner remains individually liable. Elan Company Card (corporate liability, typically $5M+ sales, 2+ years) is a different product.
Credit check	Hard pull on the authorizing officer (standard Chase practice)	Hard personal inquiry expected on the owner. Industry reporting: Elan TransUnion primary (not confirmed on firstfed.com). WalletHub user: inquiry from Elan Financial Services/First Federal Community.
Employee cards	Free; number not capped in public copy; individual spend limits and real-time tracking	Allowed; $0 additional-card fee. Add via MyAccountAccess Manage Employees (legal name, DOB, SSN, address). Variable credit limits and authorization controls listed as a generic business-card feature. Owner/business remain liable.
Product type	Revolving business credit card	Revolving business credit card (intro 0% then variable purchase APR). Not a charge card. Not Elan’s Visa Business Company Card (corporate liability).

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

First Federal Community Bank Business Zero+ Card

Pros

• $0 annual fee and $0 extra-card fee
• 0% intro APR for 18 billing cycles on purchases and on timely BTs — among the longest business-card intros advertised in 2026
• BT window extends 558 days after opening on the aggregator box (same Elan SKU across partners)
• 5% cash back + $50/card credit on Rewards Center prepaid travel if you actually use the portal
• Optional 3-month $0 ExtendPay once per year after intro ends; cell-phone protection up to $600 when the bill is paid with the card

Cons

• No cash back on ordinary business spend — portal prepaid travel only
• Go-to purchase APR 16.24%–25.24% variable is expensive float after the intro
• 3% BT fee and 3% foreign-transaction fee
• Personal guarantee; Elan may pursue the owner for all account charges
• First Federal does not publish the live Schumer box on its site; rewards travel headline is easy to misread as airline/hotel MCC bonuses

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.

First Federal Community Bank Business Zero+ Card

This is Elan’s Visa Business Zero+ cobranded for First Federal Community Bank (Dover, OH / firstfed.com) — not a card the bank underwrites, not the consumer Zero+ twin, and not Bucyrus ffcb.com. It is a 0% float tool with thin portal-only rewards, not a daily driver. Pair it with a 2–5% earn card. Confirm the live rates-and-fees box at application.