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Side-by-side

American Express Schwab Investor Card vs Chase Ink Business Premier

Both are well-respected travel cards. The American Express Schwab Investor Card comes from American Express at $0/yr; the Chase Ink Business Premier from Chase at $195/yr. Below: side-by-side specs, an opinionated verdict, and the FAQs people actually ask before applying.

Bottom line

For most people the Chase Ink Business Premier is the stronger pick today, the sign-up bonus is meaningfully larger ($890 more in estimated value) than the American Express Schwab Investor Card's. Get the Chase Ink Business Premier first; revisit the American Express Schwab Investor Card after you've earned that bonus.

FeatureAmerican Express Schwab Investor CardChase Ink Business Premier
Annual fee$0$195
Sign-up bonus10,000 Membership Rewards points$1,000 cash back
Bonus value (est.)$110$1,000
Min spend to unlock bonus$1,000 in 6 mo$10,000 in 3 mo
IssuerAmerican ExpressChase
Card categorytravelbusiness
Best earning category (All_purchases)1.5x1x
Transfer partnersamex-mrNone
Headline benefits
  • 1.5X MR on everything
  • $0 annual fee
  • 1.0c/pt Invest with Rewards
  • Full MR transfer partners
  • 100k bonus (one of largest)
  • 2.5x on $5k+ purchases
  • 5x Chase Travel
  • Pay-in-full (no APR)
Read the full review
American Express Schwab Investor Card
$0/yr · 10,000 Membership Rewards points
Read the full review
Chase Ink Business Premier
$195/yr · $1,000 cash back

Editorial take: American Express Schwab Investor Card

The hidden gem of the Amex MR lineup for Schwab brokerage customers. Flat 1.5X MR with $0 annual fee, full transfer-partner access, AND a 1.0 cents-per-point cash-into-brokerage redemption guarantees you can always extract real cash. The catch: you need a Schwab brokerage account to apply.

Editorial take: Chase Ink Business Premier

Chase's premium business card filling the gap above Ink Business Preferred. The 2.5x on large purchases is unique among UR-earning cards, perfect for businesses that drop $5k+ on equipment, software, or contractors monthly. Pay-in-full required.

Common questions

Which card has the bigger sign-up bonus, American Express Schwab Investor Card or Chase Ink Business Premier?
The Chase Ink Business Premier has the bigger bonus, $1,000 cash back, worth roughly $1,000, versus 10,000 Membership Rewards points (~$110) on the American Express Schwab Investor Card.
Is the American Express Schwab Investor Card's $0 annual fee worth it compared to the Chase Ink Business Premier?
The American Express Schwab Investor Card has no annual fee, so the question is whether the Chase Ink Business Premier's $195 fee is justified by its perks. If you'll use enough of the Chase Ink Business Premier's benefits to clear $195 in value annually, it's worth it; otherwise stick with the American Express Schwab Investor Card.
Can I have both the American Express Schwab Investor Card and Chase Ink Business Premier?
Yes, since they're from different issuers (American Express and Chase) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.
Should I get the American Express Schwab Investor Card or the Chase Ink Business Premier first?
Get the one whose sign-up bonus you can hit comfortably without overspending. American Express Schwab Investor Card: $1,000 spend in 6 months. Chase Ink Business Premier: $10,000 in 3 months. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.

Card details on this page reflect the most recent data we've verified against the issuer's own site. Sign-up bonuses and fees can change at any time, confirm the current offer on the issuer's page before applying.