Ink Business Preferred® Credit Card vs American Express Business Platinum

Chase is a CreditDonkey partner. We receive compensation if you apply and get approved for a card through links in our content. You do not have to use our links, but you help support CreditDonkey if you do. (read more)

Ink Business Preferred is an excellent credit card for the modern small business. How does it compare to American Express Business Platinum, a travel card? Read our comparison chart below.

Keep in mind, the Ink Business Preferred has a $95 annual fee, while the American Express Business Platinum has a $695 annual fee.

	Ink Business Preferred® Credit Card	The Business Platinum Card® from American Express
	Credit Card Interest Rates & Fees
Purchase APR	21.24% to 26.24% Variable based on your creditworthiness and other factors	19.49% to 27.49% Variable based on your creditworthiness and other factors
Balance Transfers APR	21.24% to 26.24% Variable based on your creditworthiness and other factors	N/A
Foreign Transaction Fee	$0	No foreign transaction fee
Annual Fee	$95 annual fee	$695 annual fee
	Credit Card Rewards & Benefits
Introductory Bonus Offer	Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.	Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
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. 1:1 point transfer to leading airline and hotel loyalty programs	Travel Rewards
Airline Rewards	1:1 point transfer to leading airline and hotel loyalty programs	Get 5X Membership Rewards® points on flights on AmexTravel.com.
Bonus Airline Rewards		35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year when you book on amextravel.com.
Hotel Rewards	1:1 point transfer to leading airline and hotel loyalty programs	Get 5X Membership Rewards® points on prepaid hotels on AmexTravel.com.
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.	Get 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases. Earn 1.5X points on eligible purchases at US construction material, hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
Airline Status		$200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card. Access to 5 airport lounge networks including The Centurion® lounge network, The International American Express lounges, Delta Sky Club® lounges, Priority Pass(TM) Select, and Airspace Lounge. Enrollment required for Priority Pass Select.
Hotel Status		Enroll for complimentary Marriott Bonvoy Gold Status. Enroll for complimentary Hilton Honors Gold Status. Fine Hotels & Resorts - book your stay through American Express FHR at one of 600 luxury hotels and you may get a room upgrade upon arrival, daily continental breakfast for 2, guaranteed 4pm late checkout and a special amenity unique to each property.
Airline Transfer Partners	Chase airline transfer partners include United Airlines, Southwest Airlines, JetBlue, British Airways, Air Canada, Air France, Singapore Airlines, Virgin Atlantic, Iberia, Emirates, and Aer Lingus.	Airline transfer partners include Delta, Hawaiian Airlines, Aeromexico, Air Canada, Air France, Emirates, Cathay Pacific (Asia Miles), Virgin Atlantic, Singapore Airlines, Etihad, Alitalia, All Nippon Airways and more.
	CreditDonkey® Credit Card Reviews
Pros & Cons	Pros: Earn 100,000 bonus points Earn 3 points per $1 in select business categories Protection benefits Airline transfer partners Cons: $95 annual fee No introductory APR
Bottom Line	Excellent credit card for the modern small business... Read full review
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. Disclaimer: The information for the The Business Platinum Card® from American Express has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer. American Express Business Platinum: Pricing information including interest rates, benefits and fees was obtained on July 27, 2023 from published websites and is believed to be accurate, but not guaranteed.

Still need help deciding which business card is better? Read the in-depth reviews below. You may also be interested in comparing Ink Business Preferred or Ink Business Cash.

Articles on Ink Business Preferred® Credit Card

Ink Business Preferred Review

Looking for a new business credit card? Ink Business Preferred offers more than a sign up bonus. Read this review to see if the benefits are worth it.

• Ink Business Preferred vs Chase Sapphire Preferred
• Ink Business Preferred vs Ink Business Cash
• Ink Business Preferred vs Chase Sapphire Reserve

Chase Ink Preferred Credit Score

Chase Ink Business Preferred usually requires a high credit score (720+). But this is not the only deciding factor. Find out how to improve your odds.

• Ink Business Preferred vs Citi AAdvantage

Comments

• Steve from Virginia
  on October 2016 said about American Express Business Platinum:

  Hands down American Express if you really use it a lot!
  They keep on making it much better!

  I was not a big fan before because I didn't use it much!
  Once you start really using it in all ways possible it works even harder and better!
  I love it!

Comments may be filtered for language. CreditDonkey makes no guarantee of comments' factual accuracy. These responses are not provided or commissioned by bank advertisers. Responses have not been reviewed, approved or otherwise endorsed by bank advertisers. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Visitors may report inappropriate content by clicking the Contact Us link.

Compare Ink Business Preferred to:

Chase Sapphire Preferred® Card Intro APR (Purchases) Intro APR (Balance Transfer) Regular APR N/A N/A 21.49% - 28.49% Variable Annual Fee $95

Ink Business Cash® Credit Card Intro APR (Purchases) Intro APR (Balance Transfer) Regular APR 0% for 12 months N/A 18.49% - 24.49% Variable Annual Fee $0

Chase Sapphire Reserve® Intro APR (Purchases) Intro APR (Balance Transfer) Regular APR N/A N/A 22.49% - 29.49% Variable Annual Fee $550

You might also be interested in

Related: Business Credit Cards

Best Banks for Business

Discover the top 10 banks for small businesses. Unlock your business' potential with the best bank

Compare American Express Business Platinum to:

The Platinum Card® from American Express Terms Apply | Read Review | See Rates & Fees Intro APR for Purchases Intro APR for Balance Transfer Regular APR Annual Fee N/A N/A See Pay Over Time APR $695