The Ink Business Premier Credit Card Launched by Chase Credit Card

Chase has officially made the new Ink Business Premier Card available to all eligible applicants.

The card is specially designed for small business owners with a lot of spending.

Despite its higher annual fee, the card doesn't offer the more valuable travel redemption and transfer partner benefits that Ink Business Preferred offers.

When you spend $10,000 in the first three months of account opening, you'll earn $1,000

You'll earn 5% cash back on travel purchases made through Chase Ultimate Rewards, 2.5% back on every purchase of $5,000.

The Ink Business Premier credit card charges a $195 annual fee, making the card less attractive to small business owners.

You can redeem your rewards for cash back, gift cards, travel etc. but you will not get 25% more value on travel redemption

To beat that card with Ink Business Premier's annual fee, you'll need to spend at least $39,000 on purchases of $5,000 each year to earn an additional 0.5% back.

Alternatively, you'll need to spend more than $69,500 in total each year because Blue Business Cash returns 1% once you reach the $50,000 limit.