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Chase Ink Business Preferred vs Southwest Rapid Rewards Plus

Side-by-side comparison of fees, rewards, benefits, and more.

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Feature Comparison
Feature
Chase Ink Business PreferredChase
Southwest Rapid Rewards PlusChase
Rating4.7/54.2/5
Annual Fee$95$69
APR17.74% - 26.74%19.49% - 27.99%
Signup Bonus100,000 points after spending $8,000 in 3 months40,000 points plus Companion Pass after spending $5,000 in 3 months
Rewards Rate3X on first $150K/yr in travel, shipping, internet/cable/phone, advertising with social media and search engines, 1X on everything else2X on Southwest purchases, Rapid Rewards hotel/car partners, and local transit & commuting, 1X on everything else
Credit Scoregoodgood
Pros
100,000-point bonus worth $1,250+ in travel via Chase portal
3X on travel, shipping, internet, phone, and online advertising
Points transfer to same 14+ partners as Sapphire cards
Companion Pass with signup bonus — a friend flies free on every trip
Low $69 annual fee for an airline card
25% back on in-flight purchases and 2 free checked bags (Southwest standard)
Cons
$8,000 spend in 3 months is a high threshold for the bonus
3X categories are business-specific, not everyday spend
No 0% intro APR offer
Companion Pass from signup is limited-time offer
Southwest flies domestically only (no international routes)
2X earn rate limited to Southwest and partner purchases
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Verdict

Our Pick: Chase Ink Business Preferred

With a 4.7/5 rating, the Chase Ink Business Preferred edges out the Southwest Rapid Rewards Plus (4.2/5). At $95/yr, the value proposition is strong. The Ink Business Preferred is the best business card for earning Ultimate Rewards points. 100K bonus, 3X on key business categories, and full access to Chase transfer partners.

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