Is the Ink Business Preferred worth the annual fee?

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page . Whether your credit card’s annual fee is $1 or $1,000, it’s worth evaluating that fee every time you have to pay it to see whether you can justify the cost for the year ahead. The Ink Business Preferred Credit Card has a low $95 annual fee, but is it worth it? Keeping this card in your wallet each year isn’t free, so what do you get for the $95 you pay yearly? Let’s look at the perks and benefits offered by the Ink Business Preferred card to see whether the annual fee is worth it in year two and beyond. New applicants for the Ink Business Preferred can earn 100,000 bonus Ultimate Rewards points after spending $15,000 on purchases within three months of account opening. TPG values Ultimate Rewards points at 2 cents apiece, making this bonus worth $2,000. You’ll notice that Chase says this bonus is worth $1,000 as cash back or $1,250 […]

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