Ink Business Preferred vs Southwest Performance Business
Ink Business Preferred
$95/yr
8.0/10
VS
Southwest Performance Business
$299/yr
6.0/10
Quick Answer
Ink Business Preferred charges $95/yr with 1X base rewards. Southwest Performance Business charges $299/yr with 1X base rewards. Ink Business Preferred offers better overall value for most spenders when comparing fees, rewards, and benefits side by side.
Apply for Ink Business Preferred →
PointsPick may earn a commission. Disclosure
Apply for Southwest Performance Business →
PointsPick may earn a commission. Disclosure
Winner by Category
Annual Fees
Ink Business Preferred
Lower annual fee ($95 vs $299)
Rewards Earning
Southwest Performance Business
6 earning categories
Benefits & Protection
Ink Business Preferred
5 benefits vs 0
Statement Credits
Southwest Performance Business
$720 in annual credits
Flexibility
Ink Business Preferred
Transferable points to airline/hotel partners
OUR PICK
Ink Business Preferred wins for most people
The $204 fee difference is hard to justify unless you maximize premium benefits.
Apply for Ink Business PreferredPREMIUM PICK
Southwest Performance Business wins for heavy spenders
If you can offset the higher fee with credits and perks, this card delivers more value.
Apply for Southwest Performance BusinessRewards Earning: Detailed Comparison
Ink Business Preferred
| Shipping purchases | 3.0X (up to $150,000) |
| Social media and search engine advertising | 3.0X (up to $150,000) |
| Internet, cable, and phone services | 3.0X (up to $150,000) |
| Travel | 3.0X (up to $150,000) |
| All other purchases | 1.0X |
Southwest Performance Business
| Southwest purchases | 4.0X |
| Hotel & car rental partners | 3.0X |
| Rideshare | 2.0X |
| Streaming services | 2.0X |
| Internet, cable, phone | 2.0X |
| Everything else | 1.0X |
Card Benefits: Detailed Comparison
Ink Business Preferred (5 benefits)
- Trip Cancellation/Interruption Insurance (up to $5,000)
- Primary Auto Rental Coverage (up to $60,000)
- Purchase Protection (up to $10,000)
- Extended Warranty Protection
- Cell Phone Protection (up to $1,000)
Southwest Performance Business (0 benefits)
See full review for benefits details.