Ink Business Preferred® Credit vs. Famous Footwear Credit

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Ink Business Preferred® Credit Card Ink Business Preferred® Credit Card Famous Footwear Credit Card Famous Footwear Credit Card
8.8MyCreditCardLab Score

MyCreditCardLab Score 8.8

We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score.

Annual Fee
9
Intro APR
7
Regular APR
9
Rewards
9.2
Benefits
8.8
Welcome Bonus
9.1
Recommended Credit Score: 9.3
Foreign Transaction Fee: 10
Cash Advance Fee: 8.6
Balance Transfer Fee: 7.9
7.9MyCreditCardLab Score

MyCreditCardLab Score 7.9

We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score.

Annual Fee
10
Intro APR
7
Regular APR
7
Rewards
9
Benefits
8.8
Welcome Bonus
7.8
Recommended Credit Score: 9.3
Foreign Transaction Fee: 10
Cash Advance Fee: 5
Balance Transfer Fee: 5
ANNUAL FEE
$95 $0
INTRO APR
No any intro offer of this card No intro offer available
REGULAR APR
21.24% - 26.24% Variable APR 35.24% Variable APR
PROS
  • 100,000 points initial rewards bonus
  • No foreign fee
  • Earns up to 3 points per dollar or purchases
  • No blackout dates
  • Many redemption categories
  • Qualify with fair credit
  • No membership fees
  • $10 initial rewards bonus
CONS
  • Includes an annual fee
  • Not all point transfers are instant
  • High regular APR
  • No Foreign Transaction fee
  • Spending caps on rewards
WELCOME BONUS
100,000 bonus points after spending $8,000 on purchases in the first three months from account opening Get $10 off your first card purchase when opening and using your Credit Card account.
REWARDS
Ink Business Preferred® Credit Card Rewards stand out as a highly versatile credit currency, offering a myriad of redemption options to suit your preferences. You can utilize your rewards in a variety of ways, including:
  • You earn 3 points per $1 on the first $150,000 spent. This is for travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • 1X points on all other purchases
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Member FDIC
Famous Footwear Credit Card Rewards stand out as a highly versatile credit currency, offering a myriad of redemption options to suit your preferences. You can utilize your rewards in a variety of ways, including:
  • Earn 1 point per $1 spent. Members earn $5 Reward Cash for every 100 points — up to $250 a year.
  • Get $10 off your first card purchase. This happens when you open and use your Credit Card account.
  • Star Members who are eligible get $5 Reward Cash. It is valid for their birthday month.
  • Rewards members can get 2X points for every dollar spent on all purchases. This is during your birthday month.
BENEFITS
No additional cost for employee cards - You can multiply your points balance. Do this by adding your employees as authorized users on the card. Know this: the main cardholder or business is responsible for all purchases on them. Car rental collision damage waiver - This is coverage for business car rentals. You won’t have to use your insurance first. Travel and emergency assistance services - It includes medical and legal referrals. They help if you run into trouble while traveling. The cardholder will pay for any extra service costs. Cellphone protection - The primary cardholder and any authorized employee cardholders get cellphone protection. It covers them if they pay their cellular bills with the card. It covers up to $600 per claim (and up to $1,800 per 12 months) with a $100 deductible. They can make up to three claims per year. Purchase protection - New purchases are covered for 120 days against damage or theft for up to $10,000 per claim and $50,000 per account. STAR benefits - The STAR benefits scheme is for Famous Footwear. It is their lower reward level. It offers you $5 in Reward Cash for every 100 points you spend at Famous Footwear. That said, this only counts up to a maximum of $75 in rewards points per transaction. Birthday month - Members can receive 2X points per dollar spent on all purchases. This is during your birthday month. Superstar membership - Members who spend $200 or more over 12 months will get Superstar membership. Superstar membership will receive 1.5 points instead of 1 point for every $1 in purchases SUPERSTAR benefits - Famous Footwear’s SUPERSTAR benefits scheme is a higher rewards tier. You can unlock it by spending $200 in a year. SUPERSTAR members get 1.5 points for every $1 in purchases. They also get free shipping and $10 in Reward Cash on your birthday. Free Shipping - No minimum on all orders online and from your store — just for members
CASH ADVANCE FEE / APR
29.99% variable, plus a fee of either $15 or 5% of the amount of each transaction, whichever is greater Cash advance Not Allowed
BALANCE TRANSFER FEE
21.24% - 26.24% variable, plus a fee of either $5 or 5% of the amount of each transfer, whichever is greater Balance Transfers Not Allowed
RECOMMENDED CREDIT SCORE
690 - 850 (Fair - Exceptional) 600 - 850 (Poor - Exceptional)
FOREIGN TRANSACTION FEE
$0 $0
BEST FOR
  • Travelers
  • Small Business Owners
  • Foreign Travel
  • Rewards Points Enthusiasts
  • Students
  • Health and Wellness
  • Sports and Fitness
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