The Ink Business Premier earns 2% cash back on everything, rising to 2.5% on purchases of $5,000 or more, which makes it a fit for businesses that put large invoices and supplier payments on a card. Travel booked through Chase Travel earns 5%, and the $1,000 bonus after $10,000 in spend over three months is sizable if you can hit that threshold. The tradeoff is the $195 annual fee: at a 2% base rate you need meaningful annual spend before the card beats no-fee flat-rate options, and it offers no intro APR. In return you get cell phone protection up to $1,000 per claim, purchase protection, extended warranty, primary rental car coverage when renting for business, free employee cards, and no foreign transaction fee. Treat the 5% on Lyft rides through September 2027 as a small extra.
Earn rates & credits
| Category | Rate |
|---|---|
Travel (via Portal) Travel booked through Chase Travel | 5% |
Transit On Lyft rides through September 30, 2027 (limited-time promo) Through Sep 30, 2027 | 5% |
Everything Else 2.5% on purchases of $5,000 or more per transaction | 2% |
| Benefit | Value |
|---|---|
Cell Phone Protection Up to $1,000 per claim (3 claims per 12 months, $100 deductible) when the monthly phone bill is paid with the card | $1,000 |
Card details
Regular APR | 17.74%–28.49% variable |
Foreign transaction fee | None |