What is a “preferred” credit card?

Small-business owners can also take advantage of preferred credit cards. The Ink Business Preferred® Credit Card is designed for business owners who are ready to invest in growth. With a $95 annual fee — tax-deductible, naturally — and the opportunity to earn top-level Chase Ultimate Rewards on travel, shipping, internet, phone, cable and online advertising, there are a lot of reasons to use the Ink Business Preferred card for many of your small business purchases.

That said, some small-business owners may not be ready for the spending level required to get the most out of the Ink Business Preferred card. For example, the 90,000-point sign-up bonus requires cardholders to spend $8,000 on qualifying business purchases in the first three months. If you run a small business, you may be better off with the no-annual-fee Ink Business Cash® Credit Card instead.