Ink Business Premier Credit Card vs The Plum Card from American Express: which one fits your business?
Side-by-side comparison of Ink Business Premier Credit Card and The Plum Card from American Express — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Ink Business Premier Credit Card wins on our scorecard (7.6/10 vs 7.1/10).
| Scored on | Ink Business Premier Credit Card | The Plum Card from American Express |
|---|---|---|
| Right fit for small biz | 8 | 7 |
| Ease of use | 9 | 8 |
| Fees & pricing | 6 | 6 |
| Customer support | 7 | 6 |
| Features | 8 | 8 |
| Annual Fee | $195 | $250 |
| Foreign Transaction Fee | $0 | $0 |
| Late Payment Fee | Up to $40 | — |
| Purchase APR | 19.49% - 27.49% (Variable) | — |
| Early Pay Discount | — | 1.5% |
| Late Fee | — | $39 or 2.99% |
Ink Business Premier Credit Card in one paragraph
A high-octane cash-back engine for businesses spending $5,000+ per transaction, marred only by its inability to transfer points to travel partners.
Skip it if: Skip it if you want to transfer points to airlines or if your average transaction size is under $5,000.
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, Ink Business Premier Credit Card or The Plum Card from American Express?
On our five-axis scorecard, Ink Business Premier Credit Card scores higher (7.6/10 vs 7.1/10). A high-octane cash-back engine for businesses spending $5,000+ per transaction, marred only by its inability to transfer points to travel partners.
Who should skip Ink Business Premier Credit Card?
Skip it if you want to transfer points to airlines or if your average transaction size is under $5,000.
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.