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Chase Ink Business Premier | Card Talk Ep9 | 10-10-24

Oct 10, 2024
Dive into the intriguing world of the Chase Ink Business Premier card, a charge card distinct from its Preferred sibling. Discover how it offers 2% cash back on all purchases, with special bonuses for larger transactions. Learn about its unique perks, including cell phone protection and travel benefits, while understanding the limitations in point transfers. The discussion highlights essential tips for responsible use and maximizing cash rewards, making it a must-listen for business owners navigating credit options.
07:49
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Podcast summary created with Snipd AI

Quick takeaways

  • The Chase Ink Business Premier card functions as a charge card, requiring full monthly payments and offering a flat cashback structure.
  • This card provides valuable purchase and travel protections, including cell phone protection, making it appealing for business owners with significant expenses.

Deep dives

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.

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