Best Chase Business Credit Cards of 2022
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.
Benilyn has over a decade of experience as a banking officer. Her expertise is featured throughout Fit Small Business in personal finance, credit card, and real estate investing content.
This article is part of a larger series on Best Small Business Credit Cards.
Chase has a total of seven business credit cards, including those that offer cash back, travel rewards, and points-based rewards. Five of Chase’s business credit cards are cobranded cards that are ideal for frequent travelers. Chase business credit cards are best for business owners who want to earn high sign-up bonuses with relatively low annual fees.
Here are the best Chase business credit cards:
- Chase Ink Business Unlimited® Credit Card: Best for unlimited, fixed-rate cash back
- Chase Ink Business Cash® Credit Card: Best for office supply and telecom expenses
- Chase Ink Business Preferred® Credit Card: Best for earning travel rewards with a lucrative sign-up bonus
- Southwest® Rapid Rewards® Performance Business Credit Card: Best for loyal Southwest travelers who prefer premium Southwest benefits
- Southwest® Rapid Rewards® Premier Business Credit Card: Best for frequent Southwest flyers who prefer a lower annual fee
- UnitedSM Business Card: Best for frequent United Airlines flyers
- World of Hyatt Business Credit Card: Best for business owners who primarily stay at Hyatt hotels
Do you want to compare the features of one card to another? We’ve made it easy for you to do that. Check off up to three cards on this page to add them to your cart. This will allow you to view the details in a side-by-side comparison.
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
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 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.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- 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
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- 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 US 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 US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 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.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- 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
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- 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 US 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 US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Who Is the Ink Business Unlimited® Best For?
The Chase Ink Business Unlimited® credit card is best for business owners who want to earn unlimited, fixed-rate cash back without having to keep track of spending categories. This card is also a good option if you have other Chase credit cards. It allows you to transfer your rewards to other Chase personal or business credit cards within the Ultimate Rewards program so that you can receive a higher redemption value when booking travel.
The Chase Ink Business Unlimited® credit card offers unlimited 1.5% cash back rewards on all business-related purchases. If you have significant expenses at office supply stores and with internet, cable, and phone services, you’ll benefit more from the Chase Ink Business Cash® Credit Card.
Chase Ink Business Unlimited® Fees
- Introductory annual percentage rate (APR): 0% APR on purchases for the first 12 months after opening an account
- Ongoing APR: 13.49% to 19.49% variable, which will adjust with the prime rate
- Annual fee: None
- Balance transfer fee: Either 5% of the amount of the transfer or $5, whichever is greater
- Foreign transaction fee: 3% for purchases made outside of the United States, charged in US dollars
- Cash advance fee: 5% of the advance or $15, whichever is greater—cash advance APR is 25.24%
Why We Like the Chase Ink Business Unlimited® Card
- Sign-up bonus: You can earn $750 bonus cash back after spending $7,500 on purchases within the first three months of opening an account.
- 0% introductory APR on purchases: If you plan to make a large purchase, you can take advantage of interest-free financing for the first 12 months after opening an account
- Unlimited cash back rewards on all purchases: You can enjoy unlimited 1.5% cash back on all purchases, so you don’t have to keep track of spending categories.
- No annual fee: You can enjoy earning unlimited cash back without having to pay annual fees.
- Combine points with other Chase cards: You can transfer points to another Chase card belonging to you or a member of your household with Ultimate Rewards.
- Free employee cards: The Chase Ink Business Unlimited® card allows you to add employee cards at no additional cost so you can earn rewards even faster. You can set individual spending limits so you can stay on top of your business expenses.
What’s Missing From the Chase Ink Business Unlimited® Card
The introductory 0% APR for the first 12 months only applies to purchases and not to balance transfers. Business owners who need to transfer their balance from their old credit cards need to pay an APR ranging from 13.49% to 19.49%. Additionally, you’ll be charged a balance transfer fee of 5% of each transfer amount or $5, whichever is higher. This is an additional cost on top of the APR.
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
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 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
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- 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
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 US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Intro APR
0% Intro APR on Purchases
Regular APR
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 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
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- 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
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 US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Who Is the Chase Ink Business Cash® Credit Card Best For?
The Chase Ink Business Cash® Credit Card is best for office-based businesses that spend a significant amount at office supply stores and on internet, cable, and phone services. This card charges no annual fee and is also a great option if you have other Chase credit cards. You can transfer your rewards to other Chase personal or business credit cards within the Ultimate Rewards program to receive a higher redemption value when booking for travel.
The Chase Ink Business Cash® Credit Card offers 5% cash back on the first $25,000 spent in combined purchases on office supplies, internet, cable, and phone expenses. If you don’t usually spend in these categories and want to earn unlimited, fixed-rate rewards instead, consider applying for a Chase Ink Business Unlimited® credit card.
Chase Ink Business Cash® Credit Card Fees
- Introductory annual percentage rate (APR): 0% APR for 12 months on purchases
- Ongoing APR: 13.49% to 19.49% variable, which will adjust with the prime rate
- Annual fee: None
- Balance transfer fee: Either 5% of the transfer amount or $5, whichever is greater
- Foreign transaction fee: 3% for purchases made outside the US
- Cash advance fee: 5% of the advance or $15, whichever is greater—APR is 25.24%
Why We Like the Chase Ink Business Cash® Credit Card
- Sign-up bonus: If you can spend at least $7,500 within three months after opening an account, you’ll earn a $750 cash bonus.
- Top rewards for office supply spending: You can earn 5% cash back on the first $25,000 spent on office supplies and internet, cable, and phone services, saving you as much as $1,250 per year on these expenses.
- Introductory 0% APR on purchases: You can take advantage of interest-free financing for 12 months if your business needs to make a big purchase.
- No annual fee: You can enjoy earning rewards without having to pay annual fees.
- Combine points with other Chase cards: You can transfer points to another Chase card with Ultimate Rewards belonging to you or a member of your household.
- Free employee cards: You can add employee cards and set individual spending limits at no additional cost—this helps you earn rewards faster.
What’s Missing From the Chase Ink Business Cash® Credit Card
The Chase Ink Business Cash® credit card 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 13.49% to 19.49%, plus a balance transfer fee of either 5% or $5, whichever is higher. This card doesn’t offer zero foreign transaction fees, which is a drawback if you make purchases outside of the US.
Both of the Chase Ink Business Unlimited® and Chase Ink Business Cash® credit cards made it to our lists of the best cash back business credit cards and the best business credit cards with no annual fee.
Chase Ink Business Preferred®: Best for Earning Travel Rewards & Sign-up Bonus
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
16.24% - 21.24% 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
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- 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.
Pros
- Opportunity to boost the value of reward points
- Offers cellphone protection and trip cancellation insurance
Cons
- Doesn’t offer an interest-free financing period
- Charges an annual fee
- 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 U.S. and abroad.
- Cellphone protection: You and the employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You are limited to three claims per 12-month period, with a $100 deductible per claim.
- Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.
Intro APR
N/A
Regular APR
16.24% - 21.24% 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
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- 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.
Pros
- Opportunity to boost the value of reward points
- Offers cellphone protection and trip cancellation insurance
Cons
- Doesn’t offer an interest-free financing period
- Charges an annual fee
- 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 U.S. and abroad.
- Cellphone protection: You and the employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You are limited to three claims per 12-month period, with a $100 deductible per claim.
- Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.
Who Is the Chase Ink Business Preferred® Best For?
The Chase Ink Business Preferred® card is best for business owners who have significant travel expenses but don’t need travel perks like airport lounge access or free expedited airport security screening. This card also offers generous rewards for online ad purchases, making it an ideal option for businesses that regularly purchase advertising through social media sites like Facebook and Google.
The Chase Ink Business Preferred® offers 3x points on the first $150,000 spent in shipping, advertising in social media sites, internet, cable, phone services, and travel. If you don’t have significant expenses in these categories, the Chase Ink Business Unlimited® credit card may be more valuable.
Chase Ink Business Preferred® Fees
- Introductory APR: None
- Ongoing APR: 16.24% to 21.24% variable, which will adjust with the prime rate
- Annual fee: $95
- Balance transfer fee: Either 5% of the amount of the transfer or $5, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: 5% of the advance or $15, whichever is greater—APR is 25.24%
Why We Like the Chase Ink Business Preferred®
- Sign-up bonus: You’ll get 100,000 bonus points when you spend $15,000 on purchases in the first three months after opening an account. This is equal to $1,000 cash back or $1,250 toward travel rewards when you redeem through Chase Ultimate Rewards®.
- 25% more in travel redemption: Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®.
- High cap amount for premium rewards: You can earn 3x points on the first $150,000 spent in combined purchases in shipping, advertising in social media sites, internet, cable, phone services, and travel.
- No foreign transaction fee: You can use your card to make purchases outside the US without having to pay foreign transaction fees.
- Free employee cards: You can add employee cards and set individual spending limits at no additional cost.
- Combine points with other Chase cards: You can move points to your other Chase card or your family members’ Chase card with Ultimate Rewards.
What’s Missing From the Chase Ink Business Preferred®
While the Chase Ink Business Preferred® credit card charges a low annual fee of $95, it doesn’t offer a zero annual fee period. This small business credit card doesn’t offer a 0% introductory annual fee. You’ll be charged an APR that ranges from 16.24% to 21.24% if you don’t pay your balance in full every billing period.
Southwest® Rapid Rewards® Performance Business: 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:
Southwest flyers who want a Global Entry or TSA Pre✓® application fee credit
Intro APR
N/A
Regular APR
16.24% - 23.24% Variable
Annual Fee
$199
Credit Needed
- 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
- Free Global Entry or TSA Pre✓® membership
- Large sign-up bonus that can help qualify for the companion pass
- Receive the best rewards for Southwest purchases compared to other Southwest cards
Cons
- High annual fee that isn’t waived in the first year
- Reward redemption value is poor outside of Southwest flights
- Limited options for international travel
- Global Entry or TSA PreCheck reimbursement: Receive application fee credits up to $100 for Global Entry or $85 for TSA PreCheck.
- Upgraded bookings: Southwest will reimburse you each anniversary year for the purchase of up to four upgraded boardings,
- Baggage delay insurance: Reimburses you for essential purchases like toiletries and clothing for baggage delays of more than six hours; up to $100 a day for three days.
Intro APR
N/A
Regular APR
16.24% - 23.24% Variable
Annual Fee
$199
Credit Needed
- 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
- Free Global Entry or TSA Pre✓® membership
- Large sign-up bonus that can help qualify for the companion pass
- Receive the best rewards for Southwest purchases compared to other Southwest cards
Cons
- High annual fee that isn’t waived in the first year
- Reward redemption value is poor outside of Southwest flights
- Limited options for international travel
- Global Entry or TSA PreCheck reimbursement: Receive application fee credits up to $100 for Global Entry or $85 for TSA PreCheck.
- Upgraded bookings: Southwest will reimburse you each anniversary year for the purchase of up to four upgraded boardings,
- Baggage delay insurance: Reimburses you for essential purchases like toiletries and clothing for baggage delays of more than six hours; up to $100 a day for three days.
Who Is the Southwest® Rapid Rewards® Performance Business Best For?
The Southwest® Rapid Rewards® Performance Business credit card is best for business owners who fly Southwest Airlines frequently and want to enjoy premium rewards and exclusive travel perks, including in-flight Wi-Fi credits, Global Entry or TSA Pre✓® fee credit, and up to four upgraded boardings per year. This business credit card is also a good option if you want to redeem rewards for hotel stays and car rentals all over the US.
The Southwest® Rapid Rewards® Performance Business is designed for frequent Southwest Airlines flyers. For an annual fee of $199, you can earn premium travel rewards and enjoy exclusive benefits. If you’re a loyal Southwest Airlines traveler but don’t want to pay a high annual fee, consider the Southwest® Rapid Rewards® Premier Business credit card. If you travel frequently on different airlines, you may benefit more from the Chase Ink Business Preferred® credit card.
Southwest Rapid Rewards® Performance Business Fees
- Introductory APR: None
- Ongoing APR: 16.24% to 23.24% variable—adjusts with the prime rate
- Annual fee: $199
- Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: $15 or 5% of the amount of each transaction, whichever is greater—APR is 25.24%
Why We Like the Southwest® Rapid Rewards® Performance Business
- Sign-up bonus: You’ll receive 80,000 points after you spend $5,000 on purchases within the first three months of opening an account.
- Premium rewards and perks: This card offers premium rewards on Southwest purchases and perks, including in-flight Wi-Fi credits, Global Entry or TSA Pre✓® fee credit, and up to four upgraded boardings per year.
- No foreign transaction fees: You can use this card to make purchases outside of the US without having to pay foreign transaction fees.
- Anniversary bonus points: You’ll receive 9,000 bonus points each year after your card membership anniversary.
- Unlimited tier qualifying points: You can earn unlimited 1,500 tier qualifying points toward A-List status for every $10,000 spent.
- $500 statement credit: You’ll be reimbursed up to $500 for fees incurred when you use your card to transfer points to another Rapid Rewards member.
What’s Missing From the Southwest® Rapid Rewards® Performance Business
The Southwest® Rapid Rewards® Performance Business credit card doesn’t offer a zero annual fee period—you’ll be charged an annual fee of $199 right away. Additionally, this card doesn’t offer a 0% introductory APR, which means you’ll pay an APR ranging from 16.24% to 23.24% if you plan to make a large purchase and carry a balance.
Both of the Chase Ink Business Preferred® and Southwest® Rapid Rewards® Performance Business credit cards made it to our list of the best credit cards for travel.
Southwest® Rapid Rewards® Premier Business: Best Low Annual Fee Southwest® Card
BEST FOR:
Receiving rewards on Southwest purchases
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.
Intro APR
N/A
Regular APR
16.24% - 23.24% Variable
Annual Fee
$99
Credit Needed
Pros
Cons
Intro APR
N/A
Regular APR
16.24% - 23.24% Variable
Annual Fee
$99
Credit Needed
Pros
Cons
Who Is the Southwest® Rapid Rewards® Premier Business Best For?
The Southwest Rapid Rewards® Premier Business credit card is designed for business owners who are frequent Southwest Airlines flyers. This card offers rewards for purchases made directly with Southwest Airlines that can be redeemed for free flights. This is also an excellent option if you check in luggage, as it offers free check-in for your first and second bags.
The Southwest Rapid Rewards® Premier Business credit card is a good option if you don’t want exclusive travel perks like in-flight Wi-Fi credits, Global Entry or TSA Pre✓® fee credit, and upgraded boardings. If you need these features, consider applying for a Southwest® Rapid Rewards® Performance Business credit card. If you use different airlines for travel, you may benefit more from the Chase Ink Business Preferred® credit card.
Southwest Rapid Rewards® Premier Business Fees
- Introductory APR: None
- Ongoing APR: 16.24% to 23.24% variable, which adjusts with the prime rate
- Annual fee: $99
- Balance transfer fee: $5 or 5% of the amount of each transfer, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: $15 or 5% of the amount of each transaction, whichever is greater—APR is 25.24%
Why We Like the Southwest Rapid Rewards® Premier Business
- Sign-up bonus: You can earn 60,000 points after spending $3,000 on purchases within the first three months of opening an account.
- Anniversary bonus points: You’ll receive 6,000 bonus points each year after your card membership anniversary.
- 25% back on in-flight purchases: Receive 25% back on Southwest Airlines in-flight purchases (including drinks and Wi-Fi) made with your card in the form of a statement credit.
- Unlimited tier qualifying points: You can earn unlimited tier qualifying points towards A-List status.
- Low annual fee: You can earn rewards from your purchases and enjoy several travel perks for only $99 per year.
- No foreign transaction fees: You can use your card to make purchases outside of the US without having to pay foreign transaction fees.
What’s Missing From the Southwest Rapid Rewards® Premier Business Card
While the Southwest Rapid Rewards® Premier Business credit card charges a low annual fee, it doesn’t offer a zero annual fee period—you’ll be charged an annual fee of $99 right away. It doesn’t offer premium Southwest Airlines travel perks like upgraded boardings, inflight Wi-Fi credits, and Global Entry or TSA PreCheck® fee credit. Further, this travel rewards business credit card doesn’t provide an interest-free financing period.
UnitedSM Business Card: Best for Frequent United Airlines Flyers
BEST FOR:
Frequent United Airlines flyers who want to earn travel rewards
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.
Intro APR
N/A
Regular APR
16.74% - 23.74% Variable
Annual Fee
$99
Credit Needed
Pros
Cons
Intro APR
N/A
Regular APR
16.74% - 23.74% Variable
Annual Fee
$99
Credit Needed
Pros
Cons
Who Is the UnitedSM Business Card Best For?
The UnitedSM Business Card is best for business owners who fly frequently on United Airlines and need employee credit cards. This business travel credit card offers travel rewards that can be redeemed for free flights on United Airlines and its partners. It also offers employee cards at no additional cost, allowing you to set up individual spending limits and earn rewards faster.
UnitedSM Business Card Fees
- Introductory APR: None
- Ongoing APR: 16.49% to 23.49% variable—adjusts with the prime rate
- Annual fee: $99
- Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: Either $15 or 5% of the amount of each transaction, whichever is greater—APR is 24.99%
Why We Like the UnitedSM Business Card
- Sign-up bonus: Earn up to 150,000 bonus miles—75,000 miles after spending $5,000 in the first three months and 75,000 more miles when you spend a total of $20,000 within the first six months of opening an account.
- No foreign transaction fee: You can use your card for purchases outside of the US without having to pay foreign transaction fees.
- Free employee cards: This card offers employee cards at no additional cost—you can set up individual spending limits and earn rewards from your employees’ transactions.
- 25% back on inflight purchases: Receive 25% back as a statement credit on purchases of food, beverages, and Wi-Fi on United- and United Express-operated flights.
- Free checked baggage: This card offers a free checked bag for you and a companion traveling on the same reservation, allowing you to save as much as $70 per person for a roundtrip flight.
- $100 annual travel credit: Receive a $100 statement credit per year when you make a total of seven United travel-related purchases, including seat upgrades, Economy Plus®, inflight food, beverages, Wi-Fi, baggage service charges, or other United fees.
- Priority Boarding: You and your companions traveling on the same reservation are eligible for priority boarding prior to general boarding.
- Earn Premier Qualifying Points (PQP): You’ll earn 500 PQP for every $12,000 in net purchases up to a maximum of 1,000 PQP in a calendar year.
What’s Missing From the UnitedSM Business Card
While the UnitedSM Business Card has a low ongoing annual fee, it doesn’t offer a zero annual fee period. Also, this card 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 16.49% to 23.49%. Additionally, the ongoing rewards offered by this card are below average compared to other co-branded airline credit cards.
World of Hyatt Business Credit Card: Best for Loyal Customers of Hyatt Hotels
World of Hyatt Business Credit Card
Intro APR
N/A
Regular APR
16.24% - 23.24% Variable
Annual Fee
$199
Credit Needed
Intro APR
N/A
Regular APR
16.24% - 23.24% Variable
Annual Fee
$199
Credit Needed
Who Is the World of Hyatt Business Credit Card Best For?
The World of Hyatt Business Credit Card is best for business owners who primarily stay at Hyatt hotels. You can earn as much as 9 points for every dollar spent on Hyatt hotels and enjoy perks such as annual Hyatt credit, 10% bonus points back, and World of Hyatt Discoverist status.
The World of Hyatt Business Credit Card is an excellent option if you travel frequently and stay at Hyatt hotels. If you want to earn travel rewards that can be used for different flights and hotel stays, you may want to consider applying for a Chase Ink Business Preferred® credit card instead.
World of Hyatt Business Credit Card Fees
- Introductory APR: None
- Ongoing APR: 15.99% to 22.99% variable—adjusts with the prime rate
- Annual fee: $199
- Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: Either $15 or 5% of the amount of each transaction, whichever is greater—APR is 24.99%
Why We Like the World of Hyatt Business Credit Card
- Sign-up bonus: Earn 60,000 bonus points after spending $5,000 within the first three months of opening an account.
- World of Hyatt membership bonus points: Earn a total of 9 points per dollar spent at Hyatt hotels—4 bonus points at Hyatt hotels plus 5 base points from Hyatt per eligible $1 spent for being a World of Hyatt member.
- 10% Bonus Point Redemption Bonus: Receive 10% bonus points back on up to a total of 200,000 World of Hyatt points when you spend $50,000 or more on purchases.
- $100 Annual Hyatt Credit: Receive a $50 statement credit per qualifying Hyatt purchase up to two times each anniversary year
- 5 Tier-Qualifying Night Credits: For every $10,000 you spend in a calendar year, you’ll earn 5 World of Hyatt Tier-Qualifying Night credits toward status and Milestone rewards.
- Fee employee cards: You can have free employee cards and set their individual spending limits.
- No foreign transaction fee: You can use your card to make purchases outside of the US without having to pay foreign transaction fees.
What’s Missing From the World of Hyatt Business Credit Card
The World of Hyatt Business Credit Card charges a high annual fee of $199 per year, and it doesn’t offer a zero annual fee period. Further, this credit card doesn’t offer a 0% introductory APR, which is a disadvantage if you want to finance a large purchase.
How to Choose the Right Chase Credit Card
Chase offers a variety of business credit cards with cash back rewards, travel rewards, sign-up bonuses, and no-interest financing, and some cards have no annual fee. The best Chase credit card depends on your business’s spending needs, rewards preference, budget, and whether you’ll need interest-free financing.
Here are a few important things to consider when deciding which Chase business credit card is right for your business:
1. Your Preferred Rewards
The type of rewards you want to earn will determine which Chase credit card is best for your business. Chase 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® Credit Card
- Southwest® Rapid Rewards® Performance Business Credit Card
- Southwest® Rapid Rewards® Premier Business Credit Card
- UnitedSM Business Card
It’s important to note that both the Southwest® Rapid Rewards® Performance Business and Chase Ink Business Preferred® credit cards are among our choices for the best business credit cards for travel.
For cash back credit cards, consider either the Chase Ink Business Cash® or the Chase Ink Business Unlimited® Card, both of which are among our picks for best cash back business credit cards.
For points-based rewards credit cards, choose the Chase Ink Business Preferred® Credit Card or the World of Hyatt Business Credit Card. The latter is an excellent option if you travel often and stay primarily at Hyatt hotels.
2. Annual Fees
Some Chase credit cards have no annual fees, while others charge an annual fee ranging from $95 to $199. All Chase credit cards that charge annual fees don’t offer a zero annual fee period. If you want a no-annual-fee credit card, consider either the Chase Ink Business Unlimited® card or the Chase Ink Business Cash® card, both of which are among our choices for the best business credit cards with no annual fee.
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 the Chase Ink Business Unlimited® card, which made it to our list of the best 0% APR business credit cards. You may also want to consider the Chase Ink Business Cash® card, which also offers an opportunity for interest-free financing.
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 for you depends on what type of 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 business credit card.
To find other card options, visit our Credit Card Marketplace and our guide to the best small business credit cards.
