Best Chase Business Credit Cards Of May 2024

The Ink Business Preferred® Credit Card is a great option for those interested in earning flexible Chase Ultimate Rewards® points on common business spending categories.

Rewards: Earn 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year and 1 point per dollar on all other purchases.

Welcome offer: Earn 100,000 points after spending $8,000 on purchases in the first 3 months from account opening.

Annual fee: $95

Other benefits and drawbacks: Chase Ultimate Rewards® points earned with the Ink Business Preferred® Credit Card are eligible for 1:1 points transfer to a long list of partners, including major airline and hotel rewards programs like United Mileage Plus and World of Hyatt. Points redeemed through Chase Travel℠ are given a 25% bonus compared with a redemption for cash back, so 10,000 points have a $125 value when redeemed for Chase travel.

The card’s additional benefits include purchase protection, cellphone coverage, travel cancellation and interruption coverage, auto rental collision damage waiver and extended warranty coverage.

The Ink Business Unlimited® Credit Card is great for earning easy, generous, all-around cash back.

Rewards: Earn 1.5% cash back rewards on every business purchase.

Welcome offer: Earn $750 bonus cash back after spending $6,000 on purchases in the first 3 months from account opening.

Annual fee: $0

Other benefits and drawbacks: The Ink Business Unlimited® Credit Card comes with fewer benefits than several of the options on this list, but those charge annual fees. The Unlimited card still includes auto rental collision damage waiver, purchase protection and extended warranty coverage benefits. It also offers a 0% introductory APR for 12 months on purchases, then a 18.49% - 24.49% variable APR applies for purchases and balance transfers. A balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, applies.

The card isn’t well-suited for international travel, however, as it charges a 3% of each transaction in U.S. dollars foreign transaction fee.

The Ink Business Cash® Credit Card offers strong, but capped, bonus earnings and slimmed-down benefits compared to cards that carry an annual fee. The welcome offer is tiered and you typically have more time to meet the spend requirement than with most cards. That gives businesses more time to earn the welcome bonus while receiving bonus cashback, as each tier is completed. On an ongoing basis, the card is likely to be best for those businesses with regular, sizable spend in the elevated earning categories.

Rewards: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year and 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases.

Welcome offer: Earn $350 bonus cash back after spending $3,000 on purchases in the first three months and an additional $400 after spending $6,000 on purchases in the first six months after account opening.

Annual fee: $0

Other benefits and drawbacks: The Ink Business Cash® Credit Card offers an auto rental collision damage waiver, purchase protection and extended warranty protections. For those who plan to use the card abroad or for international spending, this card may not be a fit as it charges a foreign transaction fee of 3% of each transaction in U.S. dollars.

With high flat-rate cash back earned on most purchases and a bonus on purchases over $5,000, the Ink Business Premier® Credit Card can offer serious rewards for the right business.

Rewards: Earn 5% cash back on travel purchased through Chase Travel℠, 2.5% cash back on purchases of $5,000 or more and 2% cash back on all other purchases.

Welcome offer: Earn $1,000 cash back after spending $10,000 on purchases in the first 3 months from account opening.

Annual fee: $195

Other benefits and drawbacks: The Ink Business Premier® Credit Card is the blue sheep of the Chase Ink family. Unlike other Chase Ink cards, this card’s rewards cannot be converted into Chase Ultimate Rewards® points, even if you have another Ultimate Rewards-earning card. That said, this card is a good option for big-spending businesses and those that regularly make large purchases.

Similar to the Southwest® Rapid Rewards® Performance Business Credit Card is the $99 annual fee Southwest® Rapid Rewards® Premier Business Credit Card. It offers fewer benefits, but charges a lower annual fee.

Rewards: Earn 3 points per dollar spent on Southwest purchases, 2 points per dollar spent on Rapid Rewards hotel and car partners and local transit and commuting. Earn 1 point per dollar spent on all other purchases.

Welcome offer: Earn 60,000 points after spending $3,000 on purchases within the first 3 months of account opening.

Annual fee: $99

Other benefits and drawbacks: The Southwest® Rapid Rewards® Premier Business Credit Card offers cardholders 6,000 anniversary points each year, two Early Bird check-ins and 25% back on in-flight purchases. It also has no foreign transaction fees and offers baggage delay insurance and lost luggage insurance, as well as extended warranty and purchase protections.

For those with Southwest Airlines brand loyalty, the Southwest® Rapid Rewards® Performance Business Credit Card offers decent reward-earning potential and solid benefits. Whether this card is worthwhile with its steep annual fee boils down to if you can make use of the additional benefits that come with the card.

Rewards: Earn 4 points per dollar spent on Southwest purchases, 3 points per dollar spent on Rapid Rewards hotel and car rental partners, 2 points per dollar spent on local transit, including rideshares, commuting, social media, search engine advertising, internet, cable and phone services. Earn 1 point per dollar on all other purchases.

Welcome offer: Earn 80,000 points after spending $5,000 on purchases within the first 3 months of account opening.

Annual fee: $199

Other benefits and drawbacks: With four upgraded Southwest boardings per year, on-board Wi-Fi credits, a $100 Global Entry, TSA PreCheck® or NEXUS fee credit every four years and 9,000 anniversary points each year, the Southwest® Rapid Rewards® Performance Business Credit Card is loaded with perks. The Wi-Fi benefit alone could make the card a no-brainer for frequent Southwest flyers. The card also offers several relevant travel perks, including lost baggage reimbursement and baggage delay insurance. The card also offers extended warranty protection and purchase protection.

The United℠ Business Card is a strong choice for those who often fly United for business travel, but don’t need United Club membership.

Rewards: Earn 2 miles per dollar on United purchases, on dining (including eligible delivery services), at gas stations, office supply stores, and on local transit and commuting and 1 mile per dollar on all other purchases.

Welcome offer: Earn 75,000 bonus miles after spending $5,000 on purchases in the first 3 months of account opening.

Annual fee: $0 intro annual fee for the first year, then $99

Other benefits and drawbacks: Specific benefits related to United offered by the United℠ Business Card include a free first checked bag for the primary cardholder and a companion, the opportunity to earn a $100 statement credit following qualifying United flight-related purchases each anniversary year, two United Club passes each year, 25% back on United in-flight purchases and priority boarding. Cardholders who carry a personal United Card, as well, will also receive 5,000 bonus anniversary miles.

Additional benefits include purchase protection, extended warranty coverage, trip cancellation and interruption insurance, lost luggage reimbursement, baggage delay insurance, trip delay reimbursement and auto rental collision damage waiver. This card has no foreign transaction fees.

The included United Club annual membership is the main draw on the United Club℠ Business card*. The card also offers both first and second checked bags on United flights at no additional cost, Premier Access boarding, 25% back on United in-flight purchases and more.

Rewards: Earn 2 miles per dollar spent on United purchases and 1.5 miles per dollar spent on all other purchases.

Welcome offer: Earn 50,000 bonus miles after spending $5,000 on purchases in the first 3 months the account is open.

Annual fee: $450

Other benefits and drawbacks: The United Club℠ Business card* provides the volume of benefits you might expect from a card with a $450 annual fee. In addition to those mentioned above, the card has no foreign transaction fees and offers auto rental collision damage waiver, trip cancellation and interruption insurance, baggage delay insurance, lost luggage reimbursement, trip delay reimbursement, purchase protection, return protection and extended warranty protection.

The IHG One Rewards Premier Business Credit Card is a solid option for business travelers who often stay in one of Intercontinental Hotels Group’s many brands.

Rewards: Earn up to 26 total points per dollar at IHG® Hotels and Resorts, 5 points per dollar on travel, dining, select business, and at gas stations and 3 points per dollar on all other purchases.

Welcome offer: Earn 140,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening, plus 35,000 bonus points after spending a total of $7,000 in the first 6 months from account opening.

Annual fee: $99

Other benefits and drawbacks: The most noteworthy benefits offered by the IHG Rewards Premier Business Card are complimentary IHG Platinum Status, an annual free hotel night certificate valid at hotels priced at up to 40,000 points and the fourth night free on reward night redemptions. Cardholders who spend $20,000 on their card within a calendar year will earn a $100 statement credit and 10,000 bonus points. The card also offers various travel and purchase protections.

Depending on your business’s purchase categories, the World of Hyatt Business Credit Card may not be the best Chase card to earn World of Hyatt points, considering that Chase Ultimate Rewards® can be transferred at a 1:1 ratio to World of Hyatt. But for some, the World of Hyatt card could still be the best choice for the included benefits, like the ability to spend toward status.

Rewards: Earn 9 points total per dollar spent at Hyatt - 4 bonus points per dollar spent at Hyatt hotels and 5 base points per dollar from Hyatt as a World of Hyatt member. Earn 2 points per dollar spent in a cardholder's top three spend categories each quarter through 12/31/24, then the top two categories each quarter, 2 points per dollar spent on fitness club and gym memberships and 1 point per dollar spent on all other purchases.

Welcome offer: Earn 60,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening.

Annual fee: $199

Other benefits and drawbacks: Businesses spending $50,000 or more on the World of Hyatt Business card in a calendar year will receive 10% of redeemed points back as bonus points for the remainder of the calendar year, up to 200,000 redeemed points per year. All cardholders can also earn a $50 statement credit, up to twice per anniversary year (for a total of $100), after spending $50 or more at any Hyatt property.

The card offers a few additional benefits including automatic World of Hyatt Discoverist status and the ability to receive five tier qualifying nights for each $10,000 of spend on the card within a calendar year. Employee cards are free with the World of Hyatt Business Credit Card. The card also comes with select travel protections and doesn’t charge foreign transaction fees.