Ink Business Cash vs Ink Business Preferred

Every figure below is from the same dataset Miles computes its recommendations from. Rows the two cards agree on are collapsed at the bottom.

Economics

Dollar figures are per year unless the row says otherwise. Ongoing annual value is Miles' estimate of what the card adds per year after its annual fee: statement credits discounted for realistic use, benefits, and earning above a strong flat-rate card on a typical spending profile. First-year value is a separate net figure that includes the welcome bonus. A welcome bonus shown at its advertised maximum may not be available to every applicant; that figure is not marked as stronger. ★ marks the stronger comparable figure on other rows, and no row is marked when either figure is unknown.
Figure	Ink Business Cash Chase	Ink Business Preferred Chase
Annual fee	Best: $0 $95/yr less	$95
Ongoing annual value, after fee	Best: $256 $32/yr more	$224
First-year value	$791	Best: $1,439 $648/yr more
Foreign transaction fee	3%	Best: None
Authorized user fee	—Unknown	—Unknown

Sign-up Bonus

The current welcome offer as recorded in the dataset. No winner is marked: a bonus is points times a valuation times a spend requirement you may or may not clear, and the first-year value above already prices it.
Offer	Ink Business Cash Chase	Ink Business Preferred Chase
Current offer	$750 (*awarded as 75,000 points) after $6k spend in the first 3 months	100K after $8K spend in the first 3 months

Earning

Percentages are the return on a dollar spent: the multiplier times what Miles values those points at. ★ marks the higher return on a row. Categories only one card earns a bonus on are marked for that card; the other earns its base rate.
Category	Ink Business Cash Chase	Ink Business Preferred Chase
Cable	Best: 5X7.5%	—Unknown
Internet	Best: 5X7.5%	—Unknown
Office supply stores	Best: 5X7.5%	—Unknown
Phone services	Best: 5X7.5%	—Unknown
Cable (up to $150K per year)	—Unknown	Best: 3X4.5%
Internet (up to $150K per year)	—Unknown	Best: 3X4.5%
Phone services (up to $150K per year)	—Unknown	Best: 3X4.5%
Shipping (up to $150K per year)	—Unknown	Best: 3X4.5%
Social media and search engine advertising (up to $150K per year)	—Unknown	Best: 3X4.5%
Travel (up to $150K per year)	—Unknown	Best: 3X4.5%
Dining	Best: 2X3%	—Unknown
Gas Stations	Best: 2X3%	—Unknown

Benefits

Statement credits, lounge access and elite status as listed in the dataset; protections are counted, not listed. No winner is marked: twelve small credits are not more than two large ones, and the row that prices them, ongoing annual value, is under Economics.
Benefit	Ink Business Cash Chase	Ink Business Preferred Chase
Statement credits	Instacart: $20 (Monthly)	DoorDash Grocery/Retail, monthly: $10 (Monthly)
Lounge access	—Unknown	—Unknown
Elite status	—Unknown	—Unknown
Protections	6	9

The same on both cards (6)

Rows where both cards state the same figure or the same earning rate. Nothing is marked, because there is no stronger side.
Fact	Ink Business Cash	Ink Business Preferred
Issuer	Chase	Chase
Rewards currency	Chase Ultimate Rewards	Chase Ultimate Rewards
Card type	Business	Business
Network	Visa	Visa
All other purchases	1X1.5%	1X1.5%
Lyft (through 9/30/2027)	5X7.5%	5X7.5%

Which one is right for you

This page shows the difference. It does not pick: the winner depends on what you spend and what you already hold, and adding these figures up without knowing that would be a guess dressed as a verdict. Ask Miles and it computes the answer against your own wallet.

Ask Miles which to get