Two of the most well-liked business credit cards are the American Express Business Platinum as well as the Chase Ink Preferred. Both cards are geared toward entrepreneurs and include rewards programs, travel incentives, and services tailored to small businesses. In this comparison, we'll give you an overview of both cards, explain their salient features and advantages, and then recommend one based on our findings. Commercial Platinum from American Express: Business owners may take advantage of a wide range of perks and discounts with the American Express Business Platinum credit card.
This program caters to sole proprietors who must regularly travel for business and who want to maximize rewards on such outlays. Despite the expensive annual charge, the card offers many benefits, including VIP hotel membership, free checked bags, and a $200 credit against airline fees. Money Order or Check Preferred by Chase: In addition to a rewards program and other perks tailored to businesses, the Chase Ink Preferred credit card allows cardholders to earn travel and dining discounts. It's intended for sole proprietors and other company owners who use their phones for work and want perks like insurance and warranty coverage. The yearly charge is reasonable, plus a bonus for new cards.
Compared to Chase's Ink Preferred, what are the main advantages of using an AmEx Business Platinum card?
Business Platinum Card From American Express
Rewards Program:
A rewards program with the American Express Business Platinum card lets you rack up points on purchases. Using the American Express travel gateway, you may earn 5 points per dollar on airfare and hotel reservations, 1 point per dollar on everything else, and 1.5 points per dollar on transactions of $5,000 or more. Travel, gift cards, and account credits are just some of the many possibilities for using accumulated points.
Travel Perks:
Airport lounge access, elite hotel status, and a yearly airline fare credit of $200 are just a few travel benefits available to Business Platinum cardholders. In addition, you'll get a $100 credit on your statement to go against the cost of applying for Global Entry or TSA Precheck.
Benefits Beyond Those Already Mentioned:
In addition to these perks, the American Express Business Platinum provides cardholders with purchase protection, extended warranty coverage, and invitations to private events.
Chase Ink Preferred
Rewards Program:
Each time you use your Chase Ink Preferred to make a transaction that meets certain criteria, you'll get rewards points. You will receive three points for every dollar spent on eligible travel, shipping, internet, cable, as well as phone services, and online advertising on social networks and search engines up to a maximum of $150,000 each calendar year. In all other cases, you'll get a single point. Your points may be redeemed for a wide variety of rewards, including travel, merchandise, and account credits.
Business-Specific Benefits:
The Chase Ink Preferred provides perks tailored to small businesses, including mobile phone insurance, extended warranty coverage, and Chase Ultimate Rewards points redeemable for savings on various business services.
Other Benefits:
Additionally, the Chase Ink Preferred provides additional advantages, including purchase protection, price protection, and extended warranty coverage.
Conclusion
You can go right with the American Express Business Platinum or the Chase Ink Preferred; picking the appropriate one for your company's credit card requirements will come down to individual preferences and spending patterns. It's possible that the American Express Company Platinum is the best option for business owners who regularly travel for work and who want to maximize rewards on travel and entertainment purchases. Thanks to the card's extensive rewards program and several travel advantages, you may save money on business trips. When it comes to business credit cards, we recommend American Express Business Platinum as well as Chase Ink Business Preferred. The annual costs, special deals, and introductory offers are different. However, only a few other corporate credit cards provide as many travel perks as the Amex Business Platinum for the same number of points. Amex Business Platinum cardholders may get a yearly fee credit of up to $200 to use on a single airline.
