Chase Ink Business Preferred vs The Plum Card from American Express: which one fits your business?
Side-by-side comparison of Chase Ink Business Preferred and The Plum Card from American Express — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Chase Ink Business Preferred wins on our scorecard (7.8/10 vs 7.1/10).
| Scored on | Chase Ink Business Preferred | The Plum Card from American Express |
|---|---|---|
| Right fit for small biz | 8 | 7 |
| Ease of use | 7 | 8 |
| Fees & pricing | 8 | 6 |
| Customer support | 6 | 6 |
| Features | 9 | 8 |
| Annual Fee | $95 | $250 |
| Foreign Transaction Fee | $0 | $0 |
| Purchase APR | 21.24% - 26.24% (Variable) | — |
| Late Payment Fee | Up to $40 | — |
| Employee Cards | $0 | — |
| Early Pay Discount | — | 1.5% |
| Late Fee | — | $39 or 2.99% |
Chase Ink Business Preferred in one paragraph
The premier choice for business owners who use digital advertising and shipping to scale, offering the highest-value travel rewards in the mid-tier market.
Skip it if: You don't spend at least $5,000 annually on ads, shipping, or travel, or you can't hit the $8,000 welcome bonus requirement.
The Plum Card from American Express in one paragraph
A specialized cash-flow tool that excels for inventory-heavy businesses but loses to cheaper 2% cards for everyone else.
Skip it if: You have steady cash flow and can always pay your balance in full within 30 days.
Frequently asked questions
Which is better, Chase Ink Business Preferred or The Plum Card from American Express?
On our five-axis scorecard, Chase Ink Business Preferred scores higher (7.8/10 vs 7.1/10). The premier choice for business owners who use digital advertising and shipping to scale, offering the highest-value travel rewards in the mid-tier market.
Who should skip Chase Ink Business Preferred?
You don't spend at least $5,000 annually on ads, shipping, or travel, or you can't hit the $8,000 welcome bonus requirement.
Who should skip The Plum Card from American Express?
You have steady cash flow and can always pay your balance in full within 30 days.