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SimplyCash® Plus Business Credit Card from American Express vs Ink Business Preferred℠ Credit Card

Compare Rewards, Interest Rates, Fees, and Benefits

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SimplyCash Plus is a great cash back business credit card with practical bonus categories. How does it compare to Ink Business Preferred from Chase? Read our comparison chart below.

Keep in mind, the SimplyCash Plus has a No annual fee, while the Ink Business Preferred has a $95 annual fee.

 SimplyCash Plus Business Credit Card from American ExpressInk Business Preferred Credit Card
 Apply NowApply Now
 

SimplyCash® Plus Business Credit Card from American Express

Ink Business Preferred℠ Credit Card

 

Credit Card Summary

 
  • Special offer: save on interest with a 0% intro APR on purchases for 15 months; after that your APR will be a variable rate, currently 14.24% - 21.24%
  • No annual fee
  • Reinvest in your business with automatic cash back in the form of a monthly statement credit. Plus take control by choosing the 3% category that best fits your business
  • Earn 5% cash back on the first $50,000 spent at wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • Earn 3% cash back on the first $50,000 spent in the category of your choice from a list of eight and 1% cash back on other purchases
  • With Expanded Buying Power you can spend beyond your credit limit* to make bigger purchases for your business plus earn cash back on those purchases too
  • *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors
  • Terms apply
  • See Rates & Fees
  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem 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 no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee
 

Credit Card Interest Rates & Fees

Introductory APR for Purchases0% introductory APR on Purchases for 15 monthsN/A
Purchase APR14.24% to 21.24% Variable based on your creditworthiness and other factors17.99% to 22.99% Variable based on your creditworthiness and other factors
Balance Transfers APRN/A17.99% to 22.99% Variable based on your creditworthiness and other factors
Foreign Transaction Fee2.7% of each transaction after conversion to US dollars.$0
Annual FeeNo annual fee$95 annual fee
 

Credit Card Rewards & Benefits

Introductory Bonus Reward Points Introductory Bonus Reward Points: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
Cash Back RewardsCash Back Rewards: Earn 5% cash back on the first $50,000 spent at wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
Earn 3% cash back on the first $50,000 spent in the category of your choice from a list of eight and 1% cash back on other purchases.
 
Travel Rewards Travel Rewards: Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.
1:1 point transfer to leading airline and hotel loyalty programs
Airline Rewards Airline Rewards: 1:1 point transfer to leading airline and hotel loyalty programs
Hotel Rewards Hotel Rewards: 1:1 point transfer to leading airline and hotel loyalty programs
Point Rewards Point Rewards: Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.
Airline Transfer Partners Airline Transfer Partners: Chase airline transfer partners include United Airlines, Southwest Airlines, JetBlue, British Airways, Air France, Singapore Airlines, Virgin Atlantic, Iberia, and Aer Lingus.
 Go to issuer's official application, terms, and detailsGo to issuer's official application, terms, and details
 

CreditDonkey® Credit Card Reviews

 SimplyCash Plus Business Credit Card from American ExpressInk Business Preferred Credit Card
Pros & ConsPros:
  • 3% cash back on the first $50,000 spent in the category of your choice from a list of 8 select categories
  • No annual fee
Cons:
  • Bonus cash back only applies to purchases up to $50,000 per calendar year
Pros:
  • Earn 80,000 bonus points
  • Earn 3 points per $1 in select business categories
  • Protection benefits
  • Airline transfer partners
Cons:
  • $95 annual fee
  • No introductory APR
Bottom LineGreat cash back business credit card with practical bonus categories... Read full reviewExcellent credit card for the modern small business... Read full review
 Apply NowApply Now
What Others View

    See issuer's website for details including terms and conditions. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. When you click on the Apply Now button, you can review the terms and conditions on the issuer's website.

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details.

    Editorial Note: 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 any card issuer.

    Which is Better: SimplyCash Plus or Ink Business Preferred?

    Still need help deciding which business card is better? Read the in-depth reviews below. You may also be interested in comparing SimplyCash Plus or Business Gold Card.


    Articles on SimplyCash® Plus Business Credit Card from American Express


    Articles on Ink Business Preferred℠ Credit Card


    Which Do You Like and Why?

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    Compare SimplyCash Plus to:

    American Express Plum Card
    No Pre-Set Spending LimitCar Rental InsuranceExtended WarrantyPurchase ProtectionReturn ProtectionBaggage Insurance$0 Fraud LiabilityIdentity Theft AssistanceRoadside Assistance
    Card TypeAnnual Fee
    Business Charge Card
    $0 introductory annual fee for the first year, then $250

    Gold Delta SkyMiles Business Credit Card
    Introductory Bonus Airline RewardsAirline RewardsNo Limits on RewardsCar Rental InsuranceExtended WarrantyPurchase ProtectionBaggage InsuranceTravel Accident Insurance$0 Fraud Liability Emergency Card ReplacementIdentity Theft Assistance
    Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
    N/AN/A
    17.74% - 26.74% Variable
    $0 introductory annual fee for the first year, then $95

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    Compare Ink Business Preferred to:

    Chase Sapphire Preferred

    Chase Sapphire Preferred® Card

    Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
    N/AN/A
    17.99% - 24.99% Variable
    Annual Fee
    $0 Intro for the First Year, then $95
    American Express Business Platinum

    The Business Platinum® Card from American Express

    Introductory Bonus Reward PointsTravel RewardsAirline RewardsBonus Airline Rewards
    Annual Fee
    $450
    Chase Sapphire Reserve

    Chase Sapphire Reserve®

    Intro APR (Purchases)Intro APR (Balance Transfer)Regular APR
    N/AN/A
    17.99% - 24.99% Variable
    Annual Fee
    $450

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    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.

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    *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.

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