CreditDonkey is a credit card comparison and financial education website. Our free online service is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Updated May 26, 2015

Chase Ink Plus Business Credit Card Review: Worth $95 Annual Fee?

This article has references or links to products from our partners. We receive compensation if you apply or shop through links in our content. You support CreditDonkey by using our links. (read more)


With a strong reward program, generous sign-up bonus, and travel benefits, the Ink Plus is great for small businesses looking for a go-to card. While the Ink Plus does charge an annual fee of $95, thriving businesses will enjoy the beefier benefits this card offers.

Ink Plus Business Credit Card
Apply for Ink Plus Business Credit Card
At Chase's Secure Site
  • Earn 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year
  • Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year
  • Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn
  • No foreign transaction fees
  • Global acceptance with Chip Technology
  • Free employee cards
  • $0 intro annual fee for the first year, then $95
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
15.24% (Variable)
$0 intro annual fee for the first year, then $95

Overall Score

3.8

Rewards

4.0

Interest Rates

3.5

Fees

3.5

Benefits

4.0
5-point scale (the higher, the better)

Pros and Cons

  • Bonus points
  • No foreign transaction fee
  • $95 annual fee
  • No intro APR

Bottom Line

Excellent small business rewards card with travel-friendly benefits

In the Chase family of “Ink” business credit cards, the Ink Plus is the muscular middle child. Though it offers more robust rewards than its no-annual-fee “little brother” (the Ink Cash), Ink Plus cardholders have to spend a lot more to take full advantage of its beefier benefits. The Ink Plus may be too rich ($95 annual fee) for the blood of some sole proprietors and micro-businesses, but for companies that routinely incur five figures’ worth of business expenses per year, it’s practically a “must have.”

Unlike the Ink Cash card, the Ink Plus does not offer an introductory 0% APR for 12 months on purchases and balance transfers, and its variable APR (15.24%) is two percentage points higher than the Ink Cash card’s (13.24%). Of course, this is a non-issue for cardholders who pay their entire balance each month.

At first glance, the rewards offered by the Ink Cash and Ink Plus cards appear remarkably similar – and they are. The main advantage of the Ink Plus lies (mostly) with the size of the rewards and the higher spending limits, rather than the type of rewards. For example:

  • While the Ink Cash offers a $200 bonus after you spend $3,000 in 3 months from account opening,
  • the Ink Plus offers a 50,000-point bonus offer after you spend $5,000 in the first 3 months from account opening (worth $625 toward travel when you redeem through Chase Ultimate Rewards).

The Ink Plus also doubles the annual purchase amounts that qualify for 5X points and 2X points – from $25,000 for Ink Cash to $50,000 for Ink Plus.

In addition, Ink plus cardholders can take advantage of a 1:1 point transfer to more than 20 frequent flyer programs.

Other benefits that Ink Plus cardholders will enjoy include: $0 fraud liability protection; purchase protection; auto rental insurance; travel insurance; and rewards that never expire.

Signup Bonus

If you spend $5,000 on your card within the first 3 months from account opening, you receive 50,000 bonus points. These 50,000 extra points are good for $500 in cash back (or $625 toward travel when you redeem through Chase Ultimate Rewards).

For the first year, there is also a $0 introductory annual fee (then $95).

Reward Program

When you make a purchase using the Chase Ink Plus business credit card, you earn reward points. You earn 1 point for every $1 you spend on most purchases. There is no annual limit to the number of points you can earn. In addition, you earn bonus points in certain categories.

You earn 5 points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.

You earn 2 points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year. If you spend more, you earn the regular 1 point per $1 rate until the next account year.

You can convert your points into a variety of rewards. You can also turn your points into cash. For every 100 points you earn, you can get $1 in cash back.

This bonus program applies to your card as well as to any cards held by your employees.

Travel Benefits

The Chase Ink Plus Business Card offers a couple other nice benefits for frequent travelers. This card does not charge foreign transaction fees. If you go outside the country, most credit cards charge an extra 3% fee on your purchases. You don’t have to worry about that with the Chase Ink Plus Card.

In addition, this card lets you move your points into other travel reward programs. You can directly transfer your points to several frequent flier and hotel rewards programs including United, British Airways, Hyatt, and Marriott. You can use your Chase points for the best possible travel deal.

Pros

  • Earns rewards points on all purchases. Earns bonus points on a variety of business and travel expenses.
  • Converts points into travel rewards or cash back. Allows you move your points to other travel reward programs.
  • 50,000 bonus points after you spend $5,000 in 3 months from account opening.

Cons

  • $95 annual fee
  • No introductory APR
  • Limits the bonus rate to the first $50,000 in combined purchases in each rewards tier.

Bottom Line

The Ink Plus Business Card is a superior choice for companies that regularly incur tens of thousands of dollars in business expenses, especially on office supplies, telecom services, business meals and international travel. This is a great business rewards credit card that easily pays for itself. Just the introductory bonus offer is enough to help justify the cost of the annual fee for more than 5 years. When you combine that with the generous rewards program, the Chase Ink Plus Business Credit Card is a fantastic deal.

Next Step: View the issuer's official application, terms, and details

Follow @CreditDonkey or write to David R at davidr@creditdonkey.com
David R is a contributing writer at CreditDonkey, a credit card comparison and financial education website. Our data-driven analysis has been recognized by major news outlets across the country and has helped consumers make savvy financial and lifestyle decisions. (read more)

Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on September 7, 2012. This content may have been updated on May 26, 2015. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check Chase website for updated information.

More from CreditDonkey:


Is Chase Ink a Good Card


Ink Cash 2015 Business Credit Card Review

Infographics: How to Build Business Credit

How to Build Business Credit

More Articles in Reviews

Ink Plus Business Credit Card
Apply for Ink Plus Business Credit Card
At Chase's Secure Site
  • Earn 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year
  • Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year
  • Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn
  • No foreign transaction fees
  • Global acceptance with Chip Technology
  • Free employee cards
  • $0 intro annual fee for the first year, then $95
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
15.24% (Variable)
$0 intro annual fee for the first year, then $95

Compare Chase Ink Plus to:

Chase Sapphire Preferred Card

Chase Sapphire Preferred® Card

The Business Platinum Card from American Express OPEN

The Business Platinum Card® from American Express OPEN

SimplyCash Business Card from American Express

SimplyCash® Business Card from American Express


What do you think about Chase Ink Plus Business Credit Card Review: Worth $95 Annual Fee?

Name (required)
Email (required; won't be published)
Website (optional)

Ink Cash

Read this in-depth review of Chase Ink Cash before you apply. With no annual fee, small business owners can earn cash rewards fast, but is it right for you?
More Articles in Reviews

Learn more about Travel, Gas and Smart Chip cards:

Best Travel Rewards Credit Card


How to Save Money on Gas


Beginner's Guide to Chip Credit Cards








About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.