Update: This article contains mentions of the American Express® Business Gold Card, Chase Freedom Unlimited®, Ink Business Cash℠ Credit Card, Ink Business Preferred® Credit Card, Ink Business Unlimited℠ Credit Card and The Blue Business® Plus Credit Card from American Express whose terms have expired and are in the process of being updated. All other offers reflect accurate offer terms. Learn more about the current offers here.
I’ve written in the past about what I consider to be the best personal credit card duo — the Chase Freedom Unlimited® and Chase Sapphire Reserve® Card. To me, those two cards offer a great balance of reasonable annual fees, big welcome bonuses, valuable perks, great travel coverage, and more.
In this post I wanted to share what I consider to be the two best business credit card duos you can have. I think both Chase and Amex have a two-card combination that can make a lot of sense, so let me share why.
Chase: Ink Preferred & Ink Unlimited
Chase has three excellent Ink Business Cards — the Ink Business Preferred® Credit Card, Ink Business Cash℠ Credit Card, and Ink Business Unlimited℠ Credit Card. If I wanted to keep things relatively simple, I’d get the Ink Preferred and Ink Unlimited. What’s the value in having both of these cards?
- The Ink Business Preferred offers 100,000 Ultimate Rewards points after spending $15,000 within three months, which I consider to be the single best welcome bonus of any credit card out there
- The Ink Business Unlimited offers 50,000 points after spending $3,000 within three months, which I consider to be the best welcome bonuses of any no annual fee credit card
These are some incredible welcome bonuses, since you’re looking at 130,000 Ultimate Rewards bonus points between these two cards. The Ink Preferred has the best welcome bonus of any card, while the Ink Unlimited has the best welcome bonus of any no annual fee card, in my opinion.
With these two cards you can unlock lots of great perks while paying just one reasonable annual fee of under $100.
Return on spending
- The Ink Business Preferred offers 3x points on the first $150,000 of combined purchases per cardmember year on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines
- The Ink Business Unlimited offers 1.5x points on all purchases
As you can see, with this combination you’re earning 1.5-3x points per dollar spent.
If you just have the Ink Unlimited then points can only be redeemed for one cent each, but if you have the Ink Preferred then you can unlock all the value of Ultimate Rewards.
You could redeem points for 1.25 cents each towards the cost of a travel purchase (1.5 cents if you also have the Chase Sapphire Reserve®), or you can transfer points to any of the Ultimate Rewards airline and hotel partners.
- Both the Ink Business Preferred and Ink Business Unlimited offer car rental coverage when renting for business purposes
- The Ink Business Preferred offers an excellent cell phone protection plan
What it boils down to
Here you can pick up two excellent cards (for a total of $95 in annual fees) with incredible welcome bonuses, while earning 1.5-3x points per dollar spent, and getting great car rental, travel, and cell phone coverage.
Amex: Blue Business Plus & Business Gold Rewards
While American Express has several excellent business credit cards, I’d say the two best for spend are the American Express® Business Gold Card and The Blue Business® Plus Credit Card from American Express, thanks to the bonus points they offer.
- The American Express® Business Gold Card: offers 35,000 Membership Rewards® points after you spend $5,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership*
Meanwhile, the Blue Business Plus Card doesn’t ordinarily have a welcome bonus.
Obviously collectively these aren’t quite as generous as their Chase counterparts, though these cards are generally also easier to get approved for.
- The Business Gold Card has a $295 annual fee (Rates & Fees)
- The Blue Business Plus Card has no annual fee (Rates & Fees)
With this card combo, you’re paying a hefty $295 in annual fees, but as long as your business has substantial spending in certain categories, this could be more than worthwhile long-term.
Return on spending
- The Business Gold Card offers 4x Membership Rewards points on the two select categories where your business spent the most each month. The 4x points apply to the first $150,000 in combined purchases from these two categories each calendar year. The bonus categories are as follows:
- Airfare purchased directly from airlines
- U.S. purchases for advertising in select media
- U.S. purchases at gas stations
- U.S. purchases at restaurants
- U.S. purchases for shipping
- U.S. computer hardware, software, and cloud computing purchases made directly from select providers
- The Blue Business Plus Card offers 2x points on the first $50,000 spent every calendar year
American Express wins when it comes to offering 2x points on everyday spending, making the Blue Business Plus the single best card for non-bonused spending, in my opinion. The catch is that you’re limited to earning 2x points on the first $50,000 spent each calendar year. For some businesses that’s not a big deal at all, while for others it’s a huge deal.
Then when it comes to the “premium” cards, I’d say the Chase card has the slight edge over the Amex card, based on offering 3x points in all bonus categories, rather than 4x points in two categories.
What it boils down to
Amex has the advantage of offering a better return on the first $50,000 of spending per calendar year in non-bonused categories and the cards are going to be easier to get approved for.
Which card duo is better?
There’s never going to a “one size fits all” answer, though let me note a few areas where I think each of the card combinations excels.
What makes the Chase combo better
- The welcome bonuses are significantly better, as you can earn 150,000 bonus points after completing minimum spending on cards
- The cards have better-combined perks, including better car rental coverage, as well as a cell phone protection plan
- You can earn 1.5x points on all purchases with no limits, and you can also earn 3x points in more categories than with the Amex combination
- Long term you’ll pay lower annual fees, as the cards will cost you just $95 per year combined
What makes the Amex combo better
- Generally, Amex business cards are much easier to get approved for than Chase business cards
- For small businesses, being able to earn 2x points on the first $50,000 spent annually on a no annual fee card is pretty unbeatable
- The Amex Offers program can save you a lot of money, and in many cases will more than pay for the annual fees on cards (and on no annual fee cards can even make you money)
For someone who knows what they’re doing with miles & points, and who only wants to get two cards, perhaps the best combo is getting the Ink Business Preferred and Blue Business Plus Card, since that gets you the best of both worlds.
Just make sure you understand that these cards are earning different points currencies, though in some cases you can transfer them to the same partners.
For a business that has less than $50,000 per year in non-bonused spending, this is an exceptional combination.
Business credit cards are more lucrative than ever before, so there are lots of great business cards to choose from.
I do think the Chase combo has the edge, between the bigger welcome bonuses, lower annual fees, and better perks. However, the Blue Business Plus really is an awesome card, and you can’t go wrong throwing that into the mix.
What’s your favorite business credit card combination?
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Business Gold Card (Rates & Fees), and The Blue Business® Plus Credit Card from American Express (Rates & Fees).