2026 Head-to-Head Audit • US Market

Chase Ink Business Preferred®
vs
OpenSky® Plus Secured Visa®

Q: Should I choose Chase Ink Business Preferred® or OpenSky® Plus Secured Visa®?

Choose Chase Ink Business Preferred® if you prioritize Massive 100K sign-up bonus ($1,250+ value). Choose OpenSky® Plus Secured Visa® if you prioritize No hard credit pull means zero risk to your existing credit score.

Q: What is the biggest catch with Chase Ink Business Preferred® vs OpenSky® Plus Secured Visa®?

For Chase Ink Business Preferred®, the main trade-off is: $95 annual fee is not waived year one. For OpenSky® Plus Secured Visa®, watch out for: Requires a minimum $300 deposit ($100 higher than most secured cards).

Skip the marketing fluff. Below is the side-by-side breakdown of fees, yield/rewards math, fine-print restrictions, and the exact household profile each product is built for.

Choose Chase Ink Business Preferred® If...

3x points on the first $150K in combined purchases on travel, shipping, advertising, and internet.

Massive 100K sign-up bonus ($1,250+ value)
3x on advertising is unmatched for digital businesses

Primary Catch: $95 annual fee is not waived year one

Choose OpenSky® Plus Secured Visa® If...

No credit check required to apply with $0 annual fee and reporting to all 3 credit bureaus.

No hard credit pull means zero risk to your existing credit score
Guaranteed consideration even with past bankruptcies, foreclosures, or charge-offs

Primary Catch: Requires a minimum $300 deposit ($100 higher than most secured cards)

Metric / Feature	Chase Ink Business Preferred® Chase ★ 4.8 / 5.0	OpenSky® Plus Secured Visa® Capital Bank, N.A. ★ 4.7 / 5.0
Verified 2026 Financials & Terms
Annual / Platform Fee	$95	—
Annual Fee	95	$0
Regular APR / Rates	21.24% - 26.24% Variable	29.99% Variable APR
Welcome Bonus / Match	100,000 Bonus Points	—
Foreign Transaction Fee	0%	3% of each transaction
Credit / Eligibility	Good to Excellent (680+)	No Credit Check Required (Any Score)
Core Features & Ecosystem Perks
Included Benefits	3x Points on Key Business Categories $150K Annual Spend Cap for 3x Primary Rental Car Insurance (Business) Cell Phone Protection ($600/claim)	No Credit Check to Apply $0 Annual Fee Reports Monthly to Equifax, Experian & TransUnion Graduation Pathway to Unsecured Card Instant Online Application Decision
Editorial Pros & Cons
Where It Wins (Pros)	Massive 100K sign-up bonus ($1,250+ value) 3x on advertising is unmatched for digital businesses Points transfer to 14+ airline/hotel partners Cell phone protection is a rare and valuable perk	No hard credit pull means zero risk to your existing credit score Guaranteed consideration even with past bankruptcies, foreclosures, or charge-offs $0 annual fee on the Plus version eliminates carrying costs Reports to all three major bureaus every billing cycle
Fine-Print Drawbacks (Cons)	$95 annual fee is not waived year one High minimum spend requirement for the bonus Strict Chase 5/24 rule applies	Requires a minimum $300 deposit ($100 higher than most secured cards) 3% foreign transaction fee on international purchases No rewards or cash back program

Fee & Foreign Spend Cost Audit

Annual Holding Cost & Overseas Trip Impact

Annual Fee Comparison

Chase Ink Business Preferred®: $95 vs OpenSky® Plus Secured Visa®: $0

Always subtract the annual fee from your projected annual rewards before evaluating headline multipliers.

$3,000 International Vacation FX Surcharge

Chase Ink Business Preferred®: $0 fee (0%) • OpenSky® Plus Secured Visa®: $90 fee (3% of each transaction)

A 3% foreign transaction fee wipes out 3% in rewards on every international hotel, restaurant, or flight billed in foreign currency.

In-Depth Breakdown: Chase Ink Business Preferred® vs OpenSky® Plus Secured Visa®

1. How Chase Ink Business Preferred® Works

The Chase Ink Business Preferred is the single best business credit card for entrepreneurs who spend heavily on advertising (Google, Facebook), shipping, internet/phone services, and travel. With 3x Ultimate Rewards points on those categories (up to $150,000/year) and a massive sign-up bonus, it is the backbone of many small business rewards strategies.

2. How OpenSky® Plus Secured Visa® Works

The OpenSky Plus Secured Visa is designed for consumers who have experienced severe financial hardship, bankruptcy, or who have no US credit history and cannot risk a credit check rejection. Because OpenSky does not pull your credit report to make an approval decision, applicants with any credit score (or none at all) can open an account, provide a refundable deposit, and start reporting positive payment history immediately.

Frequently Asked Questions

Should I choose Chase Ink Business Preferred® or OpenSky® Plus Secured Visa®?

Choose Chase Ink Business Preferred® if you prioritize Massive 100K sign-up bonus ($1,250+ value). Choose OpenSky® Plus Secured Visa® if you want No hard credit pull means zero risk to your existing credit score.

What is the biggest catch with Chase Ink Business Preferred® vs OpenSky® Plus Secured Visa®?

With Chase Ink Business Preferred®, the main limitation to keep in mind is: $95 annual fee is not waived year one. With OpenSky® Plus Secured Visa®, the primary trade-off is: Requires a minimum $300 deposit ($100 higher than most secured cards).