Does the Chase Ink Business Premier have an annual fee?

Yes — $195 a year, according to the issuer information in our record.

What does the Chase Ink Business Premier earn?

5% on Chase Travel, 5% on lyft, 2.5% on All Purchases $5,000+, and 2% on other purchases.

Is the Chase Ink Business Premier worth it in the first year?

Using our illustration ($12,000 of yearly spending, $3,000 of it in lyft), the first year comes out around $135 before credits, including a welcome bonus valued at $0. Year two drops to about $135 before credits.

What credit do I need for the Chase Ink Business Premier?

Our record lists "Good" credit as the typical target for the Chase Ink Business Premier. As a business card, the application also asks about the business. Chase makes the final decision based on its own criteria.

Chase Ink Business Premier® Credit Card

Chase

$195

Annual Fee

visaGoodbusiness6 months ago

Welcome Offer

(≈ $1000)Spend $10,000 within 3 months

Check issuer terms ↗

OpenCard analysis

Is the Chase Ink Business Premier Credit Card right for you?

The Chase Ink Business Premier is a premium $195-a-year business cash-back card from Chase. Its strongest everyday earning is 5% on lyft, with 2% on most other purchases. It needs to earn at least $195 more a year than a no-fee alternative to justify the fee.

Who it's for

✓ Business owners who want business spending on its own card
✓ People who spend steadily on lyft, where it earns 5%

Who should skip it

— Applicants without a business or business income
— Anyone who won't earn at least $195 a year more than a no-fee card

First-year value estimate

Welcome bonus

Rewards on spending

$330

Annual fee (year 1)

−$195

Year 1, before credits

$135

Year two, without the welcome bonus: about $135 before credits ($330 in rewards minus the $195 fee).

Assumptions

$3,000 a year in lyft (5%) and $9,000 on everything else (2%) — $12,000 total, about $1,000 a month.
Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
No welcome bonus is listed in our record, so none is counted.
Annual fee of $195 in year one and every year after.

An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-04-16.

How it compares

Amex Graphite Business Cash →

American Express, higher fee ($295 vs $195); earns 2% on everything.

Capital One Spark Cash for Business →

Capital One, lower fee ($95 vs $195); earns 2% on everything.

Amazon Business American Express →

American Express, lower fee ($0 vs $195); earns 3% on Amazon Business, AWS, Amazon.com, Whole Foods.

Compare side by side →

Rules and gotchas

The welcome bonus requires $10,000 in 3 months — roughly $3,333 a month. That's more than the $1,000 a month in our illustration, so the bonus assumes about $2,333 a month of extra spending.

Frequently asked questions

Does the Chase Ink Business Premier have an annual fee?: Yes — $195 a year, according to the issuer information in our record.
What does the Chase Ink Business Premier earn?: 5% on Chase Travel, 5% on lyft, 2.5% on All Purchases $5,000+, and 2% on other purchases.
Is the Chase Ink Business Premier worth it in the first year?: Using our illustration ($12,000 of yearly spending, $3,000 of it in lyft), the first year comes out around $135 before credits, including a welcome bonus valued at $0. Year two drops to about $135 before credits.
What credit do I need for the Chase Ink Business Premier?: Our record lists "Good" credit as the typical target for the Chase Ink Business Premier. As a business card, the application also asks about the business. Chase makes the final decision based on its own criteria.

Earning Rates

5×Chase TravelUnlimited 5% cash back on travel purchased through Chase Travel℠

5×Lyft5% on Lyft rides through September 30, 2027

2.5×All Purchases $5,000+2.5% on every purchase of $5,000 or more

2×All Other Purchases2% cash back on all other business purchases

Other Benefits

Flex for Business

Pay-in-full card with optional installment financing. Can pay balances over time with interest on the Flex for Business portion.

Insurance

Rental InsuranceSecondary

Purchase Protection

Extended Warranty

Sources

Last Updated: Apr 16, 2026