The Business Platinum® Card from American Express vs. Ink Business Preferred℠ Credit Card

Here’s how to choose between these two business cards

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The Business Platinum® Card from American Express

The Business Platinum® Card from American Express

Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

Best for
Best for
  • Luxury travel benefits for your business
  • Strong rewards on business spending categories
Welcome offer
Welcome offer

50,000 points after spending $10,000 and 50,000 points after spending an additional $15,000 in the first 3 months

80,000 points after spending $5,000 in the first 3 months

Rewards
Rewards

5x points on flights and prepaid hotels through Amex Travel, 1.5x points if you spend $5,000 on a single eligible purchase on up to 1 million additional points per year and 1x points on all other purchases

3x points on the first $150,000 on travel and select business categories annually, then 1x after and on all other purchases

Purchase APR (annual percentage rate)
Purchase APR (annual percentage rate)

None (Charge Card)

17.49% to 22.49% variable

Annual fee
Annual fee $595 $95
Balance transfers
Balance transfers Not a feature of a charge card APR: 17.49% to 22.49% variable

Fee: $5 or 5% of the transaction, whichever is greater

Cash advance
Cash advance N/A

APR: 26.49% variable

Fee: $15 or 5% of the transaction, whichever is greater

Foreign transaction fee
Foreign transaction fee None None
Late payment fee
Late payment fee Up to $39 $39
Additional cardholder fee
Additional cardholder fee $0
Interest-free period
Interest-free period None 20 days
Minimum interest
Minimum interest $0
Minimum credit score
Minimum credit score 670 670
Card type
Card type Charge Credit
Rates and Fees
Rates and Fees Rates & Fees Rates & Fees
Learn more
Learn more

Read review

Read review

Which card should you choose?

The Business Platinum® Card from American Express

The Business Platinum® Card from American Express

  • Earn accelerated points on flights and hotels through amextravel.com
  • Airport lounge access to over 1,200 airport lounges across 130 countries
  • $200 airline fee credit

Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

  • Earn 3x points on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year.
  • Earn unlimited 1x points on all other purchases

Compare Amex vs Chase credit cards

Name Product Filter values Rewards Purchase APR Annual fee
2% cash back on all purchases on up to $50,000 per calendar year, then 1%
0% intro for the first 12 months (then 14.74% to 20.74% variable)
$0
Earn 2% cash back on all purchases on up to $50,000 per calendar year, then 1%. Rates & fees
5x points on flights and prepaid hotels through Amex Travel, 1.5x points if you spend $5,000 on a single eligible purchase on up to 1 million additional points per year and 1x points on all other purchases
N/A
$595
Earn 50,000 points after spending $10,000 and an extra 50,000 points after spending an additional $15,000 on purchases in the first 3 months from account opening. Rates & fees
2x points on everyday business purchases on up to $50,000 annually, then 1x points
0% intro for the first 12 months (then 14.74% to 20.74% variable)
$0
Earn 2x Membership Rewards® points on everyday business purchases on up to $50,000 with no category restrictions. Rates & fees
4x points on two categories on up to $150,000 combined annually, then 1x points after that and on all other purchases
15.74% to 23.74% variable
$295
Earn 35,000 points after spending $5,000 in the first 3 months from account opening. Rates & fees
1.5% discount when you pay early
N/A
$0 intro annual fee for the first year ($250 thereafter)
Get a 1.5% discount when you pay early, with no cap on what you can earn back. Rates & fees

Compare up to 4 providers

Name Product Filter values Rewards Purchase APR Annual fee
3x points on the first $150,000 on travel and select business categories annually, then 1x after and on all other purchases
17.49% to 22.49% variable
$95
80,000 bonus points after you spend $5,000 on purchases in the first 3 months after account opening. That's $1,000 toward travel rewards when you redeem through Chase Ultimate Rewards®
1.5% cash back on all purchases
0% intro for the first 12 months (then 14.74% to 20.74% variable)
$0
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening.
5% at office supply stores, on Internet, cable and phone up to $25,000 combined annually (then 1%), 2% on gas and dining up to $25,000 combined annually then 1% after that and on all other purchases
0% intro for the first 12 months (then 14.74% to 20.74% variable)
$0
$500 bonus cash back after you spend $3,000 in the first 3 months.
2x points on Southwest Airlines and 1x points on all other purchases
17.49% to 24.49% variable
$99
Earn 60,000 points after spending $3,000 in the first 3 months and 6,000 points after your card anniversary.
2x miles at restaurants, gas stations and office supply stores, 2x miles on United and 1x miles on all other purchases
17.49% to 24.49% variable
$95
Earn 50,000 miles after spending $5,000 in the first 3 months. Earn another 50,000 miles after spending $25,000 total in the first 6 months.

Compare up to 4 providers

Compare American Express credit cards

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