We have discussed using the Chase Ink Business Cards to earn more of our favorite currency, Chase Ultimate Rewards®. One card that we’ve rarely talked about is the card_name. Jess got it to help fund a future Disney Cruise. I hadn’t considered it a viable option as it doesn’t earn Ultimate Rewards that can be used with transfer partners, but I am rethinking things. Let’s talk all about the Ink Premier Business Card, a business card.

 

Learn How to Apply
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Details

The card_name earns Ultimate Rewards points, but they can only be cashed out for one cent per point or redeemed for travel through Chase Travel℠ for one cent per point. They cannot be combined with Ultimate Rewards earned from other Chase cards like the card_name, card_name, or card_name. Ultimately, this cash-back card will earn you $1,000 after you meet the minimum spend of $10,000 in three months. This might work well for the following situations:

• Cruises
• Vacation rentals
• Food
• Car rentals
• Excursions

Usually, I am not interested in a cash-back card because travel rewards cards work better for me and offer more value. Another reason I didn’t consider it is because I wouldn’t want it to take up a 5/24 spot. This card is a business card, though; as such, it won’t count towards 5/24 (though you need to be under 5/24 to be approved). Hmm, that makes it much more interesting now, right?

 

 

Annual Fee and Minimum Spend

Unfortunately, the annual fee is $195, slightly reducing the welcome offer. The minimum spend is a hefty $10,000, too, which will keep many people from applying. However, using the Ink Premier might make sense if you are self-employed and pay estimated taxes.

It does earn 2% cash back on every purchase (and 2.5% back on purchases over $5,000), so after hitting the $10,000 minimum spend, you would have $1,000 from the welcome offer + at least $200 from hitting the minimum spend. After paying the $195 annual fee, you’d still have $1,005. Not too shabby for a card that doesn’t count towards 5/24!

The card also comes with good benefits like:

• Primary car rental coverage
• Cell phone protection
• Purchase protection
• Extended warranty protection

 

Who Should Get This Card?

Some people in the credit card points and miles world want cash-back cards, which would be a good choice for them. This might be a good option if you want to pay for some items (like cruises or excursions) that won’t be covered by points/miles.

If you have a business that makes big purchases, then the 2.5% cash back on purchases over $5,000 might be attractive to you.

 

Bottom Line

We are generally all about travel rewards cards. However, under certain circumstances, the card_name might be worth considering. Never say never; I may even pick it up sometime soon!