The Ink Business Preferred is built for businesses that spend heavily on travel, shipping, internet, cable, phone, and search or social advertising, all of which earn 3 points per dollar on up to $150,000 combined each year. That is a high cap, and the 100,000-point signup bonus after $8,000 in spend over three months is generous enough to land the card on our Best Signup Bonuses list. The $95 annual fee is modest, and you get cell phone protection up to $1,000 per claim, primary rental car coverage for business rentals, and no foreign transaction fees. The tradeoff is the 1 point per dollar on everything outside those categories, so a business whose spending is mostly general purchases will do better elsewhere. The 5x on Lyft through September 2027 and the DashPass perk are nice but small.
Earn rates & credits
| Category | Rate |
|---|---|
Transit On Lyft rides through September 30, 2027 (limited-time promo) Through Sep 30, 2027 | 5x |
Travel Travel, shipping, internet/cable/phone, advertising on search engines and social media (combined $150,000/yr cap) on first $150,000/yr, then 1x | 3x |
Shipping Shipping purchases (combined $150,000/yr cap with travel, internet/cable/phone, and advertising) on first $150,000/yr, then 1x | 3x |
TV, Internet & Streaming Services Internet and cable services (combined $150,000/yr cap with travel, shipping, phone, and advertising) on first $150,000/yr, then 1x | 3x |
Phone Services Phone services (combined $150,000/yr cap with travel, shipping, internet/cable, and advertising) on first $150,000/yr, then 1x | 3x |
Everything Else | 1x |
Card details
Regular APR | 17.74%–26.74% variable |
Foreign transaction fee | None |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Ink Business PreferredBased on 1 reported product change. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.