These business cards sit at opposite ends. The Amex Business Platinum costs $895 and pays off through lounges and business travel credits. The Chase Ink Business Preferred costs $95, earns 3x on travel, shipping, advertising, and internet, and gives transferable Chase points led by Hyatt. For most small businesses the Ink Preferred is the easier card to justify; the Business Platinum fits heavy business travelers.
Amex Business Platinum vs Ink Business Preferred, head to head
| Category | Amex Business Platinum | Chase Ink Business Preferred |
|---|---|---|
| Annual fee | $895 | $95 |
| Top earn rates | 5x flights and prepaid hotels via Amex Travel, 1.5x on purchases of $5,000-plus and select business categories | 3x on travel, shipping, advertising, and internet up to $150,000 a year |
| Credits | Business travel credits including Dell, airline, and hotel; figures as of 2026, confirm at American Express | None ongoing; cell phone and travel protections |
| Lounge access | Widest: Global Lounge Collection | None |
| Transfer partners | Amex Membership Rewards partners | Chase partners, led by Hyatt |
Chase Ink Business Preferred
Our pick for most people. Confirm the current welcome offer and terms at the issuer.
Which should you pick
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Pick the Ink Business Preferred if you want strong category earning and transferable Chase points for a low fee.
Pick the Business Platinum if you travel enough to use Centurion Lounges and will spend the Dell, airline, and hotel credits.
The honest tradeoff
The Business Platinum only works if you use its credits and lounges. The Ink Preferred returns more value for far less effort for most businesses.
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FAQ
Is the Amex Business Platinum or Ink Business Preferred better?
For most small businesses the Ink Business Preferred, because it earns transferable Chase points across common business categories for a $95 fee. The Business Platinum wins for heavy business travelers who use the lounges and credits.
Do these business cards affect the Chase 5/24 rule?
Neither adds to your 5/24 count, because business cards from Chase and Amex usually do not report to your personal credit file. You do still need to be under 5/24 to be approved for the Chase Ink.
Which has the lower annual fee?
The Ink Business Preferred at $95, versus $895 for the Amex Business Platinum. Confirm current fees at the issuer.
Can you hold both cards?
Yes, and many businesses do, using the Ink for category spend and transferable points and the Business Platinum for lounges and travel credits.
Last reviewed August 2026. We verify every rule, ratio, and figure against issuer terms and current reporting, and date each one. See our editorial standards for how we research and correct guides.
We re-check these guides as issuer rules and award charts change. 2 ways to follow along, no account needed.