Dedicated comparison page

Chase Ink Business Preferred vs Discover it Student Cash Back

Chase Ink Business Preferred vs Discover it Student Cash Back on Luminxo. Compare annual fees, rewards, welcome offers, credit requirements, and who each card is best for.

Lowest annual feeDiscover it Student Cash BackNo annual fee
Highest reward rateDiscover it Student Cash Back5.0%
Lowest starting credit rangeDiscover it Student Cash Back580+

Quick Take

Chase Ink Business Preferred

by Chase

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Chase Ink Business Preferred is a business card from Chase with a $95 annual fee, 100,000 bonus points after $15,000 in 3 months, and good to excellent credit.

Best for: People focused on business rewards who can justify a $95 annual fee and who typically have good to excellent credit.

  • 3% on Travel
  • 100,000 bonus points after $15,000 in 3 months
  • No foreign transaction fee
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Discover it Student Cash Back

by Discover

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Discover it Student Cash Back is a student card from Discover with no annual fee, cashback match - all cash back earned in first year is doubled, plus $20/year good grade reward, and fair credit.

Best for: People focused on student rewards who want to avoid an annual fee and who typically have fair credit.

  • 5% on Dining
  • Cashback Match - all cash back earned in first year is doubled, plus $20/year good grade reward
  • No foreign transaction fee
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Side-by-Side Facts

MetricChase Ink Business PreferredDiscover it Student Cash Back
Annual Fee$95None
Reward Rate3.0%5.0%
Signup Bonus100,000 bonus points after $15,000 in 3 monthsCashback Match - all cash back earned in first year is doubled, plus $20/year good grade reward
Foreign Transaction FeeNoneNone
Recommended CreditGood to excellent creditFair credit
Rewards SummaryEarn elevated rewards with 3% on Online, 3% on Streaming and 3% on Travel, plus 1% on other purchases.Earn elevated rewards with 5% on Dining (up to $1500/quarter) (rotating quarterly), 5% on Gas (up to $1500/quarter) (rotating quarterly) and 5% on Groceries (up to $1500/quarter) (rotating quarterly), plus 1% on other purchases.

Who Should Pick Which Card?

Chase Ink Business Preferred

Its strongest earning category is Travel at 3%, backed by 1% on general spending. It also avoids foreign transaction fees.

Best for: People focused on business rewards who can justify a $95 annual fee and who typically have good to excellent credit.

Pros

  • 100,000 bonus points after $15,000 in 3 months
  • Potentially worthwhile if you use the card enough to cover the $95 annual fee
  • Earns 3% on Travel
  • Earns 3% on Online

Tradeoffs

  • Annual fee of $95 means you need ongoing value from the card
  • Typically requires good to excellent credit
  • Signup bonus requires $8000 in spending within 3 months
  • Base rewards on non-bonus spending are relatively modest

Discover it Student Cash Back

Its strongest earning category is Dining at 5%, backed by 1% on general spending. It also avoids foreign transaction fees.

Best for: People focused on student rewards who want to avoid an annual fee and who typically have fair credit.

Pros

  • Cashback Match - all cash back earned in first year is doubled, plus $20/year good grade reward
  • No annual fee to offset rewards
  • Earns 5% on Dining
  • Earns 5% on Gas

Tradeoffs

  • Base rewards on non-bonus spending are relatively modest

Frequently Asked Questions

What is the main difference between Chase Ink Business Preferred and Discover it Student Cash Back?

The biggest tradeoffs are annual fee, reward concentration, and the level of credit usually needed to qualify. This page compares those inputs directly so you can choose the card that fits your spending and tolerance for annual fees.

Which card is easier to qualify for?

Discover it Student Cash Back has the lowest published starting credit range in this comparison at 580.

Which card has the lowest annual fee?

Discover it Student Cash Back has the lowest annual fee in this comparison at no annual fee.