Best Chase Business Credit Cards for 2023
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
Editor’s note: This is a recurring post with regularly updated card details.
Chase business credit cards are best for business owners wanting to earn high sign-up bonuses and unlimited rewards. Chase has a total of 10 cards—with some providing cash back and others offering points-based rewards—and six of them are cobranded cards that are ideal for frequent travelers.
Here are the 10 best Chase business credit cards:
- Chase Ink Business Unlimited®: Best for earning fixed-rate cash back
- Chase Ink Business® Cash: Best for office supply and telecommunications expenses
- Chase Ink Business Preferred®: Best for earning travel rewards and lucrative sign-up bonuses
- Chase Ink Business PremierSM: Best for those who frequently make large purchases
- Southwest® Rapid Rewards® Performance Business: Best for earning premium Southwest travel rewards & perks
- Southwest® Rapid Rewards® Premier Business: Best low annual fee Southwest card
- United ClubSM Business: Best for luxury travel with United Airlines
- UnitedSM Business: Best United Airlines card with a low annual fee
- World of Hyatt Business: Best for loyal Hyatt Hotels customers
- IHG® Rewards Premier Business: Best for staying at IHG hotels and resorts
Chase Business Credit Cards of 2023 At A Glance
Best For | Annual Fee | Unique Rewards | ||
|---|---|---|---|---|
 Chase Ink Business Unlimited® | Earning fixed-rate cash back | None | 1.5% cash back on all purchases | |
 Chase Ink Business® Cash | Office supply and telecommunications expenses | None | 5% cash back on office supplies and telecom services; only applies to the first $25,000 spent in combined purchases | |
 Chase Ink Business Preferred® | Earning travel rewards and lucrative sign-up bonuses | $95 | 3x points on the first $150,000 spent in combined purchases on select categories | |
 Chase Ink Business PremierSM | Those who frequently make large purchases | $195 | 2.5% cash back on purchases worth $5,000 and above | |
 Southwest® Rapid Rewards® Performance Business | Earning premium Southwest travel rewards and perks | $199 | 4x points on Southwest Airlines purchases; 3x points on purchases at Rapid Rewards hotel and car rental partners | |
 Southwest® Rapid Rewards® Premier Business | Those wanting a low annual fee Southwest card | $99 | 3x points on Southwest Airlines purchases; 2x points on local transit, Rapid Rewards hotel and car rental partners | |
 United ClubSM Business | Luxury travel with United Airlines | $450 | 2x miles on purchases at United Airlines, including tickets, upgrades, inflight food, beverages, Wi-Fi, and other United charges | |
 UnitedSM Business | Those seeking a United Airlines card with a low annual fee | None for the first year, then $99 | 2x miles on purchases at United Airlines, restaurants, gas stations, office supply stores, and local transit | |
 World of Hyatt Business | Loyal Hyatt Hotels customers | $199 | Up to 9x points for every dollar spent on Hyatt hotels | |
 IHG® Rewards Premier Business | Staying at IHG hotels and resorts | $99 | Up to 26x points on purchases at IHG Hotels & Resorts |
Note: To qualify, all these cards require you to have a good to excellent credit score.
Chase offers a variety of business credit cards with cash back rewards, travel rewards, sign-up bonuses, and no-interest financing—some cards have no annual fee. The best Chase credit card depends on your business’s spending needs, rewards preference, budget, and interest-free financing needs.
1. Preferred Rewards
The type of rewards you want to earn will determine which Chase business credit card is best for your business. Chase business credit cards offer the option to earn travel rewards, cash back, and points-based rewards.
For travel reward credit cards, you can choose from the following:
- Chase Ink Business Preferred®
- Southwest® Rapid Rewards® Performance Business
- Southwest® Rapid Rewards® Premier Business
- United ClubSM Business
- UnitedSM Business
- World of Hyatt Business
- IHG® Rewards Premier Business
For cash back credit cards, consider:
- Chase Ink Business Cash®
- Chase Ink Business Unlimited®
- Chase Ink Business PremierSM
For points-based rewards credit cards, choose from:
- Chase Ink Business Preferred®
- World of Hyatt Business
- IHG® Rewards Premier Business
2. Annual Fees
Some Chase credit cards have no annual fees while others charge an annual fee ranging from $95 to $450. If you want a no-annual-fee credit card, consider Chase Ink Business Unlimited® or Chase Ink Business Cash®.
3. Interest-free Financing
If you plan to make a large purchase and take advantage of interest-free financing, it’s important to choose a Chase credit card that offers a 0% introductory APR period. Consider Chase Ink Business Unlimited® or Chase Ink Business Cash®, as both offer interest-free financing on purchases.
Chase Ink Business Unlimited®: Best for Earning Fixed-rate Cash Back
Ink Business Unlimited® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
17.99% - 23.99% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver: You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services: Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection: You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection: Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection: Receive up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
Intro APR
0% Intro APR on Purchases
Regular APR
17.99% - 23.99% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver: You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services: Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection: You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection: Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection: Receive up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
When To Get the Chase Business Unlimited® Credit Card
Chase Ink Business Unlimited® is best for business owners wanting to earn unlimited, fixed-rate 1.5% cash back on all purchases without having to monitor spending categories. Its fixed-rate cash back rewards and interest-free financing options are the reasons why it’s our top choice for the best small business credit card, the best sole proprietorship business credit card, and the best credit card for new businesses with no credit history.
You can earn a $750 cash back bonus after spending $6,000 on purchases within the first three months of card ownership. It’s also a great option for a large purchase because it offers a 0% introductory APR for the first 12 months of card ownership. If you plan to carry a balance after the introductory APR period, you can enjoy a low ongoing APR ranging from 17.99% to 23.99%.
This card also made it to our roundups of the following:
- Best business cards with no annual fee
- Best business credit cards for the self-employed
- Best 0% APR business credit cards
- Best cash back business credit cards
While Chase Ink Business Unlimited® offers interest-free financing on purchases, the introductory 0% APR period doesn’t apply to balance transfers. Business owners who need to transfer their balance from their old credit cards must pay an APR ranging from 17.74% to 23.74%.
Consider getting the U.S. Bank Business Platinum Card if you need a card that will let you transfer a balance without incurring additional rates. It offers a 0% introductory APR on both purchases and balance transfers for the first 18 billing cycles, making it our top-recommended business credit card for balance transfers.
Chase Ink Business Cash® Credit Card: Best for Office Supply & Telecom Expenses
Ink Business Cash® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Office-based businesses that want top cash back rewards
Intro APR
0% Intro APR on Purchases
Regular APR
17.99% - 23.99% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
Intro APR
0% Intro APR on Purchases
Regular APR
17.99% - 23.99% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
When To Get the Chase Ink Business Cash® Credit Card
Chase Ink Business Cash® is viable for businesses with significant spending at office supply stores and on internet, cable, and phone services. You can get a $900 cash back bonus after spending $6,000 on purchases within the first three months after card opening.
Earn 5% cash back on the first $25,000 spent in combined purchases in these categories. Plus, you’ll earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants and unlimited 1% cash back on all other purchases. It’s our best limited liability company (LLC) credit card and best business credit card for startups because of its rich rewards in these spending categories.
This card also made it to our list of the:
- Best small business credit cards
- Best credit cards for nonprofits
- Best business cards with no annual fee
- Best credit cards for real estate agents
- Best business credit cards for the self-employed
- Best fuel cards for small businesses
- Best business credit cards for consultants
- Best cash back business credit cards
Like Chase Ink Business Unlimited®, Chase Ink Business Cash® doesn’t offer a 0% introductory rate for balance transfers. If you need to transfer a balance from another credit card, you’ll be charged an APR ranging from 17.74% to 23.74%.
Also, the 5% cash back on office supplies and telecom services only applies to the first $25,000 spent in combined purchases on these categories. You’ll earn 1% cash back after you reach the maximum limit of $25,000 per year. If you want to earn fixed-rate rewards, Chase Ink Business Unlimited® may be a better choice.
Chase Ink Business Preferred® Credit Card: Best for Earning Travel Rewards & Lucrative Sign-up Bonuses
Ink Business Preferred® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Maximizing travel rewards at a lower annual fee
Intro APR
N/A
Regular APR
20.74% - 25.74% Variable
Annual Fee
$95
Credit Needed
- Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- No foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the sign-up bonus
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
Intro APR
N/A
Regular APR
20.74% - 25.74% Variable
Annual Fee
$95
Credit Needed
Good, Excellent
- Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- No foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the sign-up bonus
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
When To Get the Chase Ink Business Preferred® Credit Card
Chase Ink Business Preferred® is best for business owners with significant travel expenses and those wanting a lucrative sign-up bonus, as it offers 100,000 bonus points when you spend $15,000 on purchases in the first three months. It’s no surprise that this is our leading high-limit business credit card.
The card even offers 3x points on the first $150,000 spent in combined purchases on select categories, including shipping, advertising on social media sites, internet, cable, phone services, and travel. Your points are worth 25% more when you redeem them for travel through Chase Ultimate Rewards®. You can also earn generous rewards for online ad purchases, making it an ideal option if you spend on advertising through social media sites like Facebook and Google.
While Chase Ink Business Preferred® charges a low annual fee of $95, it doesn’t offer a zero annual fee period. Moreover, it lacks a 0% introductory APR. If you plan to make a large purchase, either pay your balance in full or pay an APR that ranges from 20.49% to 25.49%.
If you value not having an annual fee and a 0% introductory APR on purchases, Chase Ink Business Unlimited® is a good option. If you want travel perks like airport lounge access and are a frequent United Airlines flyer, consider United ClubSM Business Card.
Chase Ink Business PremierSM: Best for Those Who Make Large Purchases Frequently
Ink Business Premier℠ Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who frequently make large purchases
Intro APR
None
Regular APR
Flex for Business Variable APR: 19.24% - 27.24%
Annual Fee
$195
Credit Needed
Good to Excellent
- Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
- Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
- Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Ultimate Rewards, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
- Rich Rewards. Limitless Opportunities. With no minimum redemption amount, redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- For businesses who prefer to pay their balance in full each month, Ink Business Premier gives access to increased spending power, rich rewards, and premium benefits.
- Pay off eligible purchases over time with interest up to assigned Flex for Business limit. All other purchases must be paid in full each month.
- Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
- There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
- Member FDIC
Pros
- Offers premium rewards for new and existing cardholders
- Does not charge foreign transaction fees
- Has the option to pay for qualifying purchases in installments through Flex for Business
Cons
- Does not have interest-free financing option on both purchases and balance transfers
- Charges a high annual fee of $195
- Requires for you to pay in full each month
- Need to make large purchases within a short period of time to qualify for its sign up bonus
- Cellphone protection: You and your employees listed on your monthly cellphone bill can get up to $1,000 per claim against covered theft or damage
- Extended warranty protection: You can extend the US manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
- Trip cancellation/trip interruption insurance: If your trip is canceled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per person and $10,000 per trip for your prepaid, nonrefundable travel expenses, which includes passenger fares, tours, and hotels.
- Flex for Business: Allows a portion of your Credit Access Line to be used for qualifying purchases over time with interest.
- Free employee cards: You can request employee cards at no additional cost and set individual spending limits—helping you earn rewards faster.
Intro APR
None
Regular APR
Flex for Business Variable APR: 19.24% - 27.24%
Annual Fee
$195
Credit Needed
Good to Excellent
- Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
- Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
- Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Ultimate Rewards, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
- Rich Rewards. Limitless Opportunities. With no minimum redemption amount, redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- For businesses who prefer to pay their balance in full each month, Ink Business Premier gives access to increased spending power, rich rewards, and premium benefits.
- Pay off eligible purchases over time with interest up to assigned Flex for Business limit. All other purchases must be paid in full each month.
- Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
- There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
- Member FDIC
Pros
- Offers premium rewards for new and existing cardholders
- Does not charge foreign transaction fees
- Has the option to pay for qualifying purchases in installments through Flex for Business
Cons
- Does not have interest-free financing option on both purchases and balance transfers
- Charges a high annual fee of $195
- Requires for you to pay in full each month
- Need to make large purchases within a short period of time to qualify for its sign up bonus
- Cellphone protection: You and your employees listed on your monthly cellphone bill can get up to $1,000 per claim against covered theft or damage
- Extended warranty protection: You can extend the US manufacturer’s warranty period by an additional year on eligible warranties of three years or less.
- Trip cancellation/trip interruption insurance: If your trip is canceled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per person and $10,000 per trip for your prepaid, nonrefundable travel expenses, which includes passenger fares, tours, and hotels.
- Flex for Business: Allows a portion of your Credit Access Line to be used for qualifying purchases over time with interest.
- Free employee cards: You can request employee cards at no additional cost and set individual spending limits—helping you earn rewards faster.
When To Get the Chase Ink Business PremierSM
Chase Ink Business PremierSM is Chase’s newest cash back business credit card and is ideal for those wanting to get as many cash back rewards as possible on their large purchases. You can earn a signup bonus of $1,000 cash back after spending $10,000 within the first three months after account opening.
It also lets you earn 2.5% cash back on purchases worth at least $5,000 and an unlimited 2% cash back on all other purchases. Note that this card charges an annual fee of $195 and requires you to pay your balances in full each month. If you can’t, you can still pay for eligible purchases over time through its Flex for Business limit, with its APR of 18.74% to 26.74%.
This card also made it in the roundup of our Best business credit cards for nonprofits.
Chase Ink Business PremierSM charges a high annual fee of $195 for a Chase cash back business credit card. Also, it doesn’t offer a 0% introductory APR. If you need a card under Chase that offers a fixed-rate cash back rewards system and a 0% introductory APR, consider Chase Ink Business Unlimited®.
Southwest® Rapid Rewards® Performance Business Credit Card: Best for Earning Premium Southwest Travel Rewards & Perks
Southwest® Rapid Rewards® Performance Business Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who fly Southwest Airlines frequently
Intro APR
N/A
Regular APR
20.74% - 27.74% Variable
Annual Fee
$199
Credit Needed
Good - Excellent
- Earn 80,000 points after you spend $5,000 on purchases in the first 3 months.
- 9,000 bonus points after your Cardmember anniversary.
- Earn 4X points on Southwest® purchases.
- Earn 3X points on Rapid Rewards® hotel and car partners.
- Earn 2X points on rideshare.
- Earn 2X points on social media and search engine advertising, internet, cable, and phone services and 1X points on all other purchases.
- 4 Upgraded Boardings per year when available.
- Global Entry or TSA PreCheck® Fee Credit.
Pros
- Offers the best rewards for Southwest purchases as compared to other Southwest cards
- Doesn’t charge foreign transaction fees
- With sign-up bonus
Cons
- Charge high annual fees
- No interest-free financing period on purchases and balance transfers
- Baggage daily insurance: You’ve covered with baggage daily insurance if your checked luggage is delayed or misdirected by a carrier for more than six hours.
- Auto rental collision damage waiver: You can decline the rental company’s collision insurance and charge the entire rental cost to your card.
- Lost baggage reimbursement: If you or a family member have checked or carry-on luggage that’s lost or damaged by the carrier, you’re covered up to $3,000 per passenger.
- Employee cards: Earn more points on your employee spending by issuing additional cards at no additional cost.
Intro APR
N/A
Regular APR
20.74% - 27.74% Variable
Annual Fee
$199
Credit Needed
Good - Excellent
- Earn 80,000 points after you spend $5,000 on purchases in the first 3 months.
- 9,000 bonus points after your Cardmember anniversary.
- Earn 4X points on Southwest® purchases.
- Earn 3X points on Rapid Rewards® hotel and car partners.
- Earn 2X points on rideshare.
- Earn 2X points on social media and search engine advertising, internet, cable, and phone services and 1X points on all other purchases.
- 4 Upgraded Boardings per year when available.
- Global Entry or TSA PreCheck® Fee Credit.
Pros
- Offers the best rewards for Southwest purchases as compared to other Southwest cards
- Doesn’t charge foreign transaction fees
- With sign-up bonus
Cons
- Charge high annual fees
- No interest-free financing period on purchases and balance transfers
- Baggage daily insurance: You’ve covered with baggage daily insurance if your checked luggage is delayed or misdirected by a carrier for more than six hours.
- Auto rental collision damage waiver: You can decline the rental company’s collision insurance and charge the entire rental cost to your card.
- Lost baggage reimbursement: If you or a family member have checked or carry-on luggage that’s lost or damaged by the carrier, you’re covered up to $3,000 per passenger.
- Employee cards: Earn more points on your employee spending by issuing additional cards at no additional cost.
When To Get the Southwest® Rapid Rewards® Performance Business Credit Card
Southwest® Rapid Rewards® Performance Business is best for business owners who fly with Southwest Airlines frequently and want to enjoy premium rewards and exclusive travel perks. Additionally, it offers in-flight Wi-Fi credits, Global Entry or TSA PreCheck® fee credit, and up to four upgraded boardings per year. Keep in mind that it comes with an annual fee of $199.
You can earn 4x points on Southwest Airlines purchases and 3x points on purchases at Rapid Rewards hotel and car rental partners. You also get 2x points on social media advertising, local transit, internet, cable, and phone services, and 1x points on all other purchases. Bonus points worth 9,000 are also given on each card anniversary.
Southwest® Rapid Rewards® Performance Business Credit Card doesn’t offer a 0% introductory APR, which means you’ll pay an APR ranging from 20.49% to 27.49% if you plan to make a large purchase and carry a balance. Also, it comes with an annual fee of $199.
If you’re a loyal Southwest Airlines traveler but don’t want to pay a high annual fee, check out the Southwest® Rapid Rewards® Premier Business Credit Card. Meanwhile, if you travel frequently but aren’t loyal to a particular airline and wish to get a 0% introductory APR on purchases, you may benefit more from Capital One® Spark® Miles Select for Business, which you can learn more about in our review of Capital One® Spark® Miles Select for Business.
Southwest® Rapid Rewards® Premier Business Credit Card: Best Low Annual Fee Southwest® Card
Southwest® Rapid Rewards® Premier Business Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Receiving rewards on Southwest purchases
Intro APR
N/A
Regular APR
20.74% - 27.74% Variable
Annual Fee
$99
Credit Needed
Good - Excellent
- Earn 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open.
- 6,000 bonus points after your Cardmember anniversary.
- Earn 3X points on Southwest Airlines® purchases.
- Earn 2X points on Rapid Rewards® hotel and car partners.
- Earn 2X points on rideshare.
- 1 point per $1 spent on all other purchases.
- 2 EarlyBird Check-In® each year.
- Earn unlimited tier qualifying points towards A-List status.
Pros
- No blackout dates and unlimited reward seats
- Low annual fee
- No foreign transaction fees
Cons
- No introductory 0% APR
- Lacks premium Southwest Airlines perks
- Limited rewards
- Lost luggage reimbursement: Receive coverage up to $3,000 if you or your immediate family members’ checked or carry-on bags are damaged or lost.
- Baggage delay insurance: Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours; up to $100 a day for three days.
- Purchase protection: Covers purchases for 120 days against damage or theft. Coverage is capped at $10,000 per claim and $50,000 per account.
Intro APR
N/A
Regular APR
20.74% - 27.74% Variable
Annual Fee
$99
Credit Needed
Good - Excellent
- Earn 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open.
- 6,000 bonus points after your Cardmember anniversary.
- Earn 3X points on Southwest Airlines® purchases.
- Earn 2X points on Rapid Rewards® hotel and car partners.
- Earn 2X points on rideshare.
- 1 point per $1 spent on all other purchases.
- 2 EarlyBird Check-In® each year.
- Earn unlimited tier qualifying points towards A-List status.
Pros
- No blackout dates and unlimited reward seats
- Low annual fee
- No foreign transaction fees
Cons
- No introductory 0% APR
- Lacks premium Southwest Airlines perks
- Limited rewards
- Lost luggage reimbursement: Receive coverage up to $3,000 if you or your immediate family members’ checked or carry-on bags are damaged or lost.
- Baggage delay insurance: Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours; up to $100 a day for three days.
- Purchase protection: Covers purchases for 120 days against damage or theft. Coverage is capped at $10,000 per claim and $50,000 per account.
When To Get the Southwest® Rapid Rewards® Premier Business Credit Card
Southwest Rapid Rewards® Premier Business is designed for business owners who are frequent Southwest Airlines flyers and prefer a co-branded Southwest credit card with a low annual fee. You can earn rewards for purchases made directly with Southwest Airlines that can be redeemed for free flights. It’s also an excellent option if you check in a bag, as it offers free check-in for your first and second bags.
It offers 3x points on Southwest Airlines® purchases, 2x on local transit, Rapid Rewards hotel, car rental partner purchases (including rideshare services), and 1x on all other purchases. It’s a good option if you don’t need exclusive travel perks like in-flight Wi-Fi credits, Global Entry or TSA PreCheck® fee credit, and upgraded boardings.
While the Southwest Rapid Rewards® Premier Business Credit Card charges a low annual fee, it doesn’t offer a zero annual fee period—you need to pay the annual fee of $99 immediately. Also, unlike the Southwest® Rapid Rewards® Performance Business, it doesn’t offer premium Southwest Airlines travel perks like upgraded boardings, inflight Wi-Fi credits, and Global Entry or TSA PreCheck® fee credit. Finally, it doesn’t provide an interest-free financing period.
If you want these features, consider applying for a Southwest® Rapid Rewards® Performance Business Credit Card. If you fly with different airlines, you may benefit more from Chase Ink Business Preferred®.
United ClubSM Business Card: Best for Luxury Travel With United Airlines
United Club℠ Business Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
United Airlines enthusiasts who use airport lounge access regularly
Intro APR
N/A
Regular APR
21.24% to 28.24% Variable
Annual Fee
$450
Credit Needed
Good - Excellent
- 75,000 bonus miles after spending $5,000 on purchases within the first three months after account opening
- United ClubSM membership
- Two Premier Access® travel services
- First and second checked bag free
- Earn double miles on tickets purchased from United
- Earn 1.5 miles per $1 spent on all other purchases
- No foreign transaction fees
Pros
- Offers free first and second checked bags
- With sign-up bonus
- With lounge membership
Cons
- Charges high annual fee
- Has no 0% introductory APR
- Rewards have limited flexibility
- United Club membership: You and other eligible travel companions will receive free access to all United Club locations and participating Star Alliance™ affiliated lounges worldwide.
- Avis President’s Club®: Primary cardholders are invited to enroll in Avis President’s Club® and enjoy complimentary two-car class upgrades, guaranteed car availability, expedited rental services, and more.
- Free two checked bags: The primary cardholder and their companion traveling with the same reservation will each receive free checked bags (up to $35 value for the first checked bag and up to $45 value for the second checked bag, each way, per person).
- Lost luggage reimbursement: You and your immediate family member are covered up to $3,000 if you check or carry luggage damaged or lost by the carrier.
- Baggage delay insurance: If there’s a baggage delay of more than six hours, you can be reimbursed for essential purchases, such as toiletries and clothing, up to $100 a day for three days.
Intro APR
N/A
Regular APR
21.24% to 28.24% Variable
Annual Fee
$450
Credit Needed
Good - Excellent
- 75,000 bonus miles after spending $5,000 on purchases within the first three months after account opening
- United ClubSM membership
- Two Premier Access® travel services
- First and second checked bag free
- Earn double miles on tickets purchased from United
- Earn 1.5 miles per $1 spent on all other purchases
- No foreign transaction fees
Pros
- Offers free first and second checked bags
- With sign-up bonus
- With lounge membership
Cons
- Charges high annual fee
- Has no 0% introductory APR
- Rewards have limited flexibility
- United Club membership: You and other eligible travel companions will receive free access to all United Club locations and participating Star Alliance™ affiliated lounges worldwide.
- Avis President’s Club®: Primary cardholders are invited to enroll in Avis President’s Club® and enjoy complimentary two-car class upgrades, guaranteed car availability, expedited rental services, and more.
- Free two checked bags: The primary cardholder and their companion traveling with the same reservation will each receive free checked bags (up to $35 value for the first checked bag and up to $45 value for the second checked bag, each way, per person).
- Lost luggage reimbursement: You and your immediate family member are covered up to $3,000 if you check or carry luggage damaged or lost by the carrier.
- Baggage delay insurance: If there’s a baggage delay of more than six hours, you can be reimbursed for essential purchases, such as toiletries and clothing, up to $100 a day for three days.
When To Get the United ClubSM Business Card
United ClubSM Business is designed for business owners who are frequent United Airlines flyers and want to enjoy luxury travel perks, including free access to airport lounges worldwide with high-speed internet and complimentary beverages. The annual fee of $450 includes a United ClubSM membership valued at $650 per year. You can earn travel rewards on purchases that can be redeemed for a free flight with United Airlines and its affiliates.
It has a sign-up bonus of 75,000 bonus miles after spending $5,000 on purchases within the first three months of account opening. Additionally, it offers 2x miles on purchases at United Airlines, including tickets, upgrades, inflight food, beverages, Wi-Fi, and other United charges, and 1.5x miles on all other purchases. You and a traveling companion can also check in two bags each for free, allowing you to save up to $320 on checked luggage per round trip.
With this, it’s no surprise that this card made it to our guides on the:
- Best business credit cards for travel
- Best business credit cards for miles
- Best business credit cards with airport lounge access
United ClubSM Business Card has a high ongoing annual fee and doesn’t offer a 0% introductory APR period. If you need to make a large purchase, you should either pay your balance in full every month or carry a balance and pay an APR ranging from 20.99% to 27.99%. Moreover, it only offers 2x miles on United Airlines purchases, which is below average compared to the cobranded Southwest Airlines credit cards.
If you’re a frequent United Airlines flyer but don’t need these luxury travel perks, you may benefit more from the UnitedSM Business Card, which has a lower annual fee of $99.
UnitedSM Business Card: Best United Airlines Card With a Low Annual Fee
United℠ Business Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Frequent United Airlines flyers who want to earn travel rewards
Intro APR
N/A
Regular APR
21.24% - 28.24% Variable
Annual Fee
$99
Credit Needed
Good - Excellent
- Earn 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open.
- $0 introductory annual fee for the first year, then $99.
- Receive a 5,000-mile "better together" bonus each anniversary when you have both the UnitedSM Business Card and a personal Chase United® credit card.
- Earn 2 miles per $1 spent on United® purchases, dining including eligible delivery services, at gas stations, office supply stores, and on local transit and commuting.
- Earn 1 mile per $1 spent on all other purchases. Plus, employee cards at no additional cost - miles earned from their purchases accrue in your account so you can earn rewards faster.
- Enjoy a free first checked bag - a savings of up to $140 per roundtrip (terms apply), 2 United ClubSM one-time passes per year, and priority boarding privileges.
- Get one-year complimentary DashPass, a membership for both DoorDash and Caviar that provides unlimited deliveries with $0 delivery fees and lower service fees on eligible orders. After that, you are automatically enrolled in DashPass at the current monthly rate. Activate by 12/31/24.
- $100 United® travel credit after 7 United flight purchases of $100 or more each anniversary year.
Pros
- Doesn’t charge annual transaction fees
- With generous sign-up bonus
- High rewards rate
Cons
- Doesn’t offer 0% introductory APR on purchases and balance transfers
- Charges annual fees during the second year
- Need to pay separately for unlimited access to United Club
- Free employee cards: You can create employee cards at no additional cost—letting you earn miles faster and set individual spending limits for each employee card made.
- Priority boarding: Cardholders and their companions included on the same reservation will be invited to board first on any United-operated flight.
- Free first checked bag and save up to $140 per round trip: Both the primary cardholder and one companion traveling on the same reservation will each receive their first standard checked bag free—up to $35 value, each way, per person—on United-operated flights when the cardholder included their United MileagePlus® number in their reservation.
- Lost luggage reimbursement: if your or your immediate family member’s check or carry luggage was damaged or lost by the carrier, you can get up to $3,000 reimbursement per passenger.
- Baggage delay insurance: Receive reimbursement on essential purchases, such as toiletries and clothing, for baggage delays of more than six hours by passenger carrier or up to $100 a day for three days.
Intro APR
N/A
Regular APR
21.24% - 28.24% Variable
Annual Fee
$99
Credit Needed
Good - Excellent
- Earn 75,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open.
- $0 introductory annual fee for the first year, then $99.
- Receive a 5,000-mile "better together" bonus each anniversary when you have both the UnitedSM Business Card and a personal Chase United® credit card.
- Earn 2 miles per $1 spent on United® purchases, dining including eligible delivery services, at gas stations, office supply stores, and on local transit and commuting.
- Earn 1 mile per $1 spent on all other purchases. Plus, employee cards at no additional cost - miles earned from their purchases accrue in your account so you can earn rewards faster.
- Enjoy a free first checked bag - a savings of up to $140 per roundtrip (terms apply), 2 United ClubSM one-time passes per year, and priority boarding privileges.
- Get one-year complimentary DashPass, a membership for both DoorDash and Caviar that provides unlimited deliveries with $0 delivery fees and lower service fees on eligible orders. After that, you are automatically enrolled in DashPass at the current monthly rate. Activate by 12/31/24.
- $100 United® travel credit after 7 United flight purchases of $100 or more each anniversary year.
Pros
- Doesn’t charge annual transaction fees
- With generous sign-up bonus
- High rewards rate
Cons
- Doesn’t offer 0% introductory APR on purchases and balance transfers
- Charges annual fees during the second year
- Need to pay separately for unlimited access to United Club
- Free employee cards: You can create employee cards at no additional cost—letting you earn miles faster and set individual spending limits for each employee card made.
- Priority boarding: Cardholders and their companions included on the same reservation will be invited to board first on any United-operated flight.
- Free first checked bag and save up to $140 per round trip: Both the primary cardholder and one companion traveling on the same reservation will each receive their first standard checked bag free—up to $35 value, each way, per person—on United-operated flights when the cardholder included their United MileagePlus® number in their reservation.
- Lost luggage reimbursement: if your or your immediate family member’s check or carry luggage was damaged or lost by the carrier, you can get up to $3,000 reimbursement per passenger.
- Baggage delay insurance: Receive reimbursement on essential purchases, such as toiletries and clothing, for baggage delays of more than six hours by passenger carrier or up to $100 a day for three days.
When To Get the UnitedSM Business Card
UnitedSM Business is ideal for business owners who travel primarily with United Airlines but don’t need a United Club membership. It doesn’t charge an annual fee for the first year and offers travel rewards that can be redeemed for free flights on United Airlines and its partners. You can also enjoy travel perks like a free checked bag, two United Club passes per year, 25% back on United inflight purchases, and priority boarding.
Similar to the United ClubSM Business, it has a sign-up bonus of 75,000 bonus miles after spending $5,000 on purchases within the first three months of account opening. The card lets you earn 2x miles on purchases at United Airlines, restaurants, gas stations, office supply stores, and local transit, and 1x miles on all other purchases. It’s a great option if you don’t need to access United Club locations and participating Star Alliance™’s affiliated lounges more than twice a year.
This card is also one of our:
While the UnitedSM Business Card has a low ongoing annual fee, it doesn’t waive the annual fee for the first year. Also, it doesn’t offer an opportunity for interest-free financing—this means that you need to pay your balance in full every month, or you’ll be charged an APR ranging from 20.99% to 27.99%. Additionally, the ongoing rewards offered by this card are lower compared to other cobranded airline credit cards.
If you fly with United Airlines frequently and want access to airport lounges worldwide, you may benefit more from the United ClubSM Business Card. Alternatively, if you fly with different airlines, you may benefit more from Chase Ink Business Preferred®.
World of Hyatt Business Credit Card: Best for Loyal Hyatt Hotels Customers
World of Hyatt Business Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who primarily stay at Hyatt hotels
Intro APR
N/A
Regular APR
20.74% - 27.74% Variable
Annual Fee
$199
Credit Needed
Good to Excellent
- 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening.
- 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 from Hyatt as a World of Hyatt member
- 2 Bonus Points per $1 spent in your top three spend categories each quarter through 12/31/23, then your top two categories each quarter.
- 2 Bonus Points per $1 spent on fitness club and gym memberships
- 1 Bonus Point per $1 spent on all other purchases.
- Up to $100 in Hyatt statement credits - spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
- 5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year.
- World of Hyatt Discoverist status for as long as your account is open. Plus, Discoverist status to up to five employees
Pros
- With sign-up bonus
- Doesn’t charge foreign transaction fees
- Premium features and rewards
Cons
- Charges annual fee
- Doesn’t have 0% introductory APR
- Discoverist status: You and up to five employees can enjoy Discoverist status with World of Hyatt Business Credit Card. This includes 10% Bonus Points when choosing to earn points on eligible purchases in Hyatt, access to premium in-room internet, 2 p.m. late checkout upon request and when available, and earn 5 tier-qualifying night credits after spending $10,000 within a calendar year.
- Hyatt leverage membership: Hyatt leverage program offers an average savings of up to $350 a year due to discounts on standard rate rooms at all participating Hyatt hotels.
- 10% redemption bonus: Get 10% of your points back for the rest of the year after spending $50,000 every calendar year — up to 200,000 points can be redeemed.
- Faster way of improving status and rewards: Earn 5 tier-qualifying points after spending $10,000 every calendar year.
- Up to $100 in Hyatt statement credits: Spend $50 or more at any Hyatt property and earn $50 statement credits twice each anniversary year.
Intro APR
N/A
Regular APR
20.74% - 27.74% Variable
Annual Fee
$199
Credit Needed
Good to Excellent
- 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening.
- 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 from Hyatt as a World of Hyatt member
- 2 Bonus Points per $1 spent in your top three spend categories each quarter through 12/31/23, then your top two categories each quarter.
- 2 Bonus Points per $1 spent on fitness club and gym memberships
- 1 Bonus Point per $1 spent on all other purchases.
- Up to $100 in Hyatt statement credits - spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
- 5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year.
- World of Hyatt Discoverist status for as long as your account is open. Plus, Discoverist status to up to five employees
Pros
- With sign-up bonus
- Doesn’t charge foreign transaction fees
- Premium features and rewards
Cons
- Charges annual fee
- Doesn’t have 0% introductory APR
- Discoverist status: You and up to five employees can enjoy Discoverist status with World of Hyatt Business Credit Card. This includes 10% Bonus Points when choosing to earn points on eligible purchases in Hyatt, access to premium in-room internet, 2 p.m. late checkout upon request and when available, and earn 5 tier-qualifying night credits after spending $10,000 within a calendar year.
- Hyatt leverage membership: Hyatt leverage program offers an average savings of up to $350 a year due to discounts on standard rate rooms at all participating Hyatt hotels.
- 10% redemption bonus: Get 10% of your points back for the rest of the year after spending $50,000 every calendar year — up to 200,000 points can be redeemed.
- Faster way of improving status and rewards: Earn 5 tier-qualifying points after spending $10,000 every calendar year.
- Up to $100 in Hyatt statement credits: Spend $50 or more at any Hyatt property and earn $50 statement credits twice each anniversary year.
When To Get the World of Hyatt Business Credit Card
The World of Hyatt Business is best for business owners who primarily stay at Hyatt hotels. You can earn as much as 9x points for every dollar spent on Hyatt hotels and enjoy perks such as annual Hyatt credit of up to $100, free night awards, and World of Hyatt Discoverist status. It also lets you convert your World of Hyatt points into miles with any of World of Hyatt’s airline partners, making it a great card if you’re a frequent traveler.
It has a sign-up bonus of 60,000 points after spending $5,000 on purchases within the first three months after card opening. Also, it offers 2x points per dollar in your top three categories each quarter through 12/31/23, then your top two categories each quarter. You can also earn 2x points per dollar spent on fitness club and gym memberships and 1x points on all other purchases.
World of Hyatt Business Credit Card charges an annual fee of $199 per year and doesn’t waive the annual fee for the first year. Plus, it doesn’t offer a 0% introductory APR, which is a disadvantage if you want to finance a large purchase.
If you want a Chase business credit card that earns travel rewards and offers a lower annual fee, you may benefit more from the Chase Ink Business Preferred®. You may also want to consider Capital One® Spark® Miles Select for Business, which offers a 0% introductory APR on purchases and does not charge annual fees. Our review of Capital One® Spark® Miles Select for Business can help you determine if it fits the bill.
IHG® Rewards Premier Business Credit Card: Best for Staying at IHG® Hotels & Resorts
IHG® Rewards Premier Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who frequently stay at IHG® Hotels & Resorts
Intro APR
N/A
Regular APR
20.24% - 27.24% Variable
Annual Fee
$99
Credit Needed
- Earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening
- Enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a reward night when you redeem points for any stay of 3 or more nights
- Earn up to 26 points total per $1 spent when you stay at an IHG hotel
- Earn 5 points per $1 spent on purchases on travel, gas stations, and restaurants. Earn 3 points per $1 spent on all other purchases
- Platinum Elite status as long as you remain a Premier card member
- Global Entry, TSA PreCheck® or NEXUS Statement Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
- IHG Rewards bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
Pros
- Offers premium rewards
- With a lucrative sign-up and anniversary bonuses
- Does not charge foreign transaction fees
Cons
- Has no 0% introductory APR
- With annual fees
- Platinum Elite Status: You can receive an automatic Platinum Elite status with your IHG® Rewards Premier Business Credit Card. You’ll keep this status as long as you remain a Premier Business card member and your IHG® Rewards membership account remains in good standing.
- Purchase Protection: Get insurance coverage on your new purchases for 120 days against damage or theft. Coverage is limited to a maximum of $10,000 per claim and $50,000 per account.
- Trip Cancellation/Interruption Insurance: If your trip either got canceled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $1,500 per person and $6,000 per trip for your pre-paid, non-refundable travel expenses — including passenger fares, tours, and hotels. Restrictions, limitations, and exclusions apply. Refer to the Guide to Benefits, which includes a full explanation of coverages.
- Global Entry, TSA PreCheck®, or NEXUS Statement Credit: Receive a statement credit of up to $100 every four years as reimbursement for the application fee for Global Entry, TSA PreCheck®, or NEXUS.
Intro APR
N/A
Regular APR
20.24% - 27.24% Variable
Annual Fee
$99
Credit Needed
- Earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening
- Enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a reward night when you redeem points for any stay of 3 or more nights
- Earn up to 26 points total per $1 spent when you stay at an IHG hotel
- Earn 5 points per $1 spent on purchases on travel, gas stations, and restaurants. Earn 3 points per $1 spent on all other purchases
- Platinum Elite status as long as you remain a Premier card member
- Global Entry, TSA PreCheck® or NEXUS Statement Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
- IHG Rewards bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
Pros
- Offers premium rewards
- With a lucrative sign-up and anniversary bonuses
- Does not charge foreign transaction fees
Cons
- Has no 0% introductory APR
- With annual fees
- Platinum Elite Status: You can receive an automatic Platinum Elite status with your IHG® Rewards Premier Business Credit Card. You’ll keep this status as long as you remain a Premier Business card member and your IHG® Rewards membership account remains in good standing.
- Purchase Protection: Get insurance coverage on your new purchases for 120 days against damage or theft. Coverage is limited to a maximum of $10,000 per claim and $50,000 per account.
- Trip Cancellation/Interruption Insurance: If your trip either got canceled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $1,500 per person and $6,000 per trip for your pre-paid, non-refundable travel expenses — including passenger fares, tours, and hotels. Restrictions, limitations, and exclusions apply. Refer to the Guide to Benefits, which includes a full explanation of coverages.
- Global Entry, TSA PreCheck®, or NEXUS Statement Credit: Receive a statement credit of up to $100 every four years as reimbursement for the application fee for Global Entry, TSA PreCheck®, or NEXUS.
When To Get the IHG® Rewards Premier Business Credit Card
IHG® Rewards Premier Business is designed for business owners who travel frequently and stay primarily at IHG® Hotels & Resorts. You can earn up to 26x points on purchases at IHG® Hotels & Resorts and redeem your rewards for hotel stays or miles with IHG’s partner airlines. It also grants travel benefits such as no foreign transaction fees, Global Entry and TSA PreCheck® credit, and trip cancellation/interruption insurance.
Earn 140,000 bonus points when you spend $3,000 on purchases in the first three months after opening an account. Also, enjoy 5x total points on travel, dining, social media and search engine advertising, office supplies, and gas, and 3x points on all other purchases with this card. While it offers generous rewards, you cannot redeem your points as a statement credit.
IHG® Rewards Premier Business Credit Card doesn’t offer 0% introductory APR on purchases and balance transfers. It also doesn’t waive the $99 annual fee for the first year. Further, your rewards may not be redeemed as a statement credit.
Consider Chase Ink Business Preferred® if you want a Chase business credit card that lets you earn travel rewards. But if you don’t need a Chase card, then we recommend reading our Capital One® Spark® Miles Select for Business review as the card has no annual fee and offers a 0% introductory APR on purchases.
The Chase Ultimate Rewards® is a point-system rewards program exclusive to Chase-branded credit cards. Your rewards are tracked as points if your credit card earns cash back. Each $1 cash back is equal to 100 points, and points don’t expire as long as your account remains open.
However, you’ll lose all your points if your account status changes or your account is closed for program misuse, fraudulent activities, failure to pay, bankruptcy, or other reasons stated in the terms of the Rewards Program Agreement.
All your Chase credit cards, including personal and business credit cards, will be registered under the same Chase Ultimate Rewards® account. This allows you to transfer or combine points from one Chase card to another to redeem your rewards for booking travel, getting cash back, or transferring them to a partner airline or hotel loyalty program. Combining points from multiple cards lets you maximize your redemption potential.
If you choose to transfer your points to any of Chase’s hotel and airline partners, you can enjoy a full 1:1 value for select cards. This means that 1x Ultimate Rewards point is equivalent to 1x point when transferred to your selected travel partner program.
Chase Ultimate Rewards® travel partner programs include:
- Aer Lingus AerClub
- Air Canada Aeroplan
- Air France-KLM Flying Blue
- British Airways Executive Club
- Emirates Skywards
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
- IHG Rewards Club
- Marriott Bonvoy
- World of Hyatt
How To Transfer Chase Ultimate Rewards® Points
Once you’ve selected a Chase Ultimate Rewards® airline or hotel partner, you can transfer your points from Chase to the partner’s loyalty program.
You can follow these steps:
- Step 1: Log into your Chase account.
- Step 2: Go to the Ultimate Rewards® page.
- Step 3: Click “Earn/Use” then “Transfer to Travel Partners.” You’ll then see a list of Chase’s partner programs.
- Step 4: Click “Transfer Points” next to the travel partner you choose, and you’ll be asked to enter your airline or hotel loyalty program info.
- Step 5: If you don’t have an account with your chosen partner loyalty program, you can sign up for free easily before transferring your Ultimate Rewards® points.
Bottom Line
Chase offers a variety of business rewards credit cards with some of the top sign-up bonuses for cash back and travel. The best Chase business card depends on what rewards you want to earn, how much annual fee you’re willing to pay, if you need no-interest financing, or if you want a co-branded airline or hotel business credit card. To find other card options, check out our guide to the best small business credit cards.
