Compare the Features and Benefits of Southwest® Rapid Rewards® Premier Business Credit Card and
Chase Ink Business Premier® Credit Card

Small business owners that occasionally fly Southwest should consider getting the Southwest Premier Business Credit Card. You’ll get a solid earning rate on Southwest Airlines purchases, your first checked bag free for you and 8 additional passengers in the same reservation, an annual 15% promo code each anniversary year (excludes Basic fares), a complimentary Standard or Preferred seat within 48 hours prior to departure, when available, plus 25% back on inflight purchases.

You can also earn 2,000 tier qualifying points (TQPs) toward A-List status for every $5,000 spent in purchases annually accelerating your way to A-List status. (Note that on the Southwest Rapid Rewards® Performance Business Credit Card you earn these quicker, at 2,500 per $5,000 in spend.)

In addition to the bonus points earned after account opening, cardholders earn points at a rate of 3x Rapid Rewards points on Southwest purchases plus 2 points for every $1 you spend at gas stations and restaurants on your first $8,000 in combined purchases per anniversary year.

When you earn points through the Southwest Premier Business Credit Card, they count toward earning the Southwest Companion Pass.

You can boost your point earnings by adding employee cards at no additional cost and, of course, there are no foreign transaction fees when you travel abroad.

When you go to redeem points, Southwest offers a simple rewards structure which values the points around 1.25 cents each. The actual redemption varies a bit, with redemptions closer to the date of travel tending to get a bit more value per point. While there are no blackout dates, that also means there’s no way of getting more value from your Rapid Rewards points.

Although the Southwest Premier Business Card is a solid card, Southwest frequent travelers should strongly consider getting the Southwest Performance Business Credit Card instead.

For a $299 annual fee, you’ll earn 4x bonus points on Southwest purchases, plus you’ll be able to upgrade to Extra Legroom seat for free within 48 hours prior to departure when available. That’s after you can select a complimentary Preferred seat at booking at no additional charge, when available.

Lastly, this card is great for getting halfway to a Southwest Companion Pass with the bonus offer. Read our guide on earning a Southwest Companion Pass for up to two years via new account bonuses.

The Ink Business Premier credit card from Chase fits a specific target audience.

The businesses best suited for this card spend a very high amount monthly and want to simplify their spending. Especially if you have frequent charges over $5,000, that annual fee is paid for many times over by the extra 1/2 percent earned in cash back.

While it’s easy to get caught up in miles and points, if you are spending and earning more points than you can realistically spend, it’s not at all a bad idea.

However, if you want to earn transferable points, you would be better served by a Capital One Spark Cash Select. Alone, the Spark Cash is also just straight cash, but if you have a Venture, Venture X, or Spark Miles for Business card, you can convert the cash to miles.

If that’s not a concern, then the Chase Ink Business Premier is easily the very best business charge card out there. No other credit card or charge card will get you more cash back on purchases.

Many small business owners spend a ton on inventory monthly and could be earning huge amounts of cashback, but don’t have time to learn about miles and points. This business card is perfect for those small business owners. If purchases tend to be large purchases over $5,000 (which earn 2.5%) it becomes even better.