Understanding the Chase Inc. Business Premier Card

The Chase Inc. Business Premier Card, which has a $195 annual fee, is distinct from the Inc. Business Preferred Card and caters to a specific market segment. Unlike traditional credit cards, this card operates as a charge card, requiring users to pay off their balance in full each month without allowing for revolving credit. It earns a flat 2% cashback on all purchases, increasing to 2.5% for transactions of $5,000 or more, which is beneficial for businesses with substantial expenses. While its cashback structure is appealing, potential users should be aware of its limited use of rewards, as the points earned cannot be transferred to loyalty programs, thereby making it function similarly to a standard cashback card despite its ultimate rewards labeling.