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Ink Business Preferred

Huge New 100K Point Offer on the Chase Ink Business Preferred Card!

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If the Chase Sapphire Preferred and Sapphire Reserve are the top travel rewards cards – and we think they are – then the Chase Ink Business Preferred might just be the top business travel rewards card.

The Ink Business Preferred card mixes a great welcome bonus, solid ongoing spend return, and strong travel benefits. And today, Chase has increased the welcome bonus offer on the card to 100,000 Chase Ultimate Rewards points after spending $15,000 in the first three months of card membership. That’s up from the standard bonus of 80,000 points for $5,000 in spending.

It’s the largest offer we’ve ever seen on the card, and if you’re a small business owner, it’s a great time to pick it up to earn a huge pile of points. Critically: You don’t need a huge business to apply and qualify for a Chase business card. A sole proprietorship, or even selling goods online on the side, is generally enough to get the OK for any of Chase’s business cards.

Read on for a full breakdown of the benefits provided by the Chase Ink Business Preferred Credit Card.

Chase Ink Preferred

Click Here to learn more about the Chase Ink Business Preferred Credit Card.

 

Full Benefits of the Chase Ink Business Preferred Credit Card

Sign Up Bonus Offer: For a limited time earn 100,000 Chase Ultimate Rewards Points after spending $15,000 in the first three months of card membership.

Earn 3x Points: Per dollar spent on your first $150,000 spent each year in combined purchases for travel, shipping purchases, internet, cable, and phone service, and on advertising purchases made with social media sites and search engines.

Earn 1x Point: Earn an unlimited 1 Point Per $1 spent on all other purchases.

Each point is worth 25% More: When booking through the Chase Ultimate Rewards travel portal each point will be worth 1.25 cents. That means the 100,000 point welcome bonus offer is worth at least $1,250. 

1:1 Points Transfer: Transfer points to Chase Ultimate Rewards transfer partners like United, Southwest, Hyatt and many more. One point equals one airline mile or hotel point.

$600 of Cell Phone Insurance: Use your Ink Business Preferred Card to pay your cell phone bill and it will cover up to $600 for repairs or replacement after a $100 deductible. Damaged and stolen phones are covered – lost phones are not.

Pay Yourself Back: Through December 2020, You can use Chase points to Pay Yourself Back for shipping expenses and online advertising, as well as charitable donations to 12 eligible organizations. Just as with the Chase Sapphire Preferred Card, each point is worth 1.25 cents toward these expenses.

Additional Employee Cards: Get additional employee cards at no additional cost

No Foreign Transaction Fees

Points Don’t Expire: Your points will be active for as long as you hold the card.

Chase 5/24 Rule: This card – along with all Chase cards – is subject to the Chase 5/24 rule.

$95 Annual Fee: The annual fee is not waived for the first year of card membership.

 

Who is Eligible to Open a Chase Business Card?

As we’ve said, you don’t need a huge business to apply or qualify for a Chase business card. A sole proprietorship or a small side business with limited revenue is generally enough to get the OK for any of Chase’s business cards.

So if you sell things on Craigslist, eBay, Facebook Marketplace, or other platforms, you may qualify. That being said, you should always make sure to fill out any credit card application truthfully.

You won’t be eligible to open the Chase Ink Business Preferred card if you have earned the sign-up bonus offer on the card within the past 24 months. Additionally, you’ll need to be underneath the Chase 5/24 rule to be approved for the card – so if you’ve opened five or more cards from any bank in the last 24 months, you won’t get approved.

But critically, Chase business cards will not add to your 5/24 total. 

 

Our Analysis

It’s a tough time to think about travel with the ongoing coronavirus outbreak. It’s certainly not the time to travel.

But that doesn’t mean you should give up on earning points and refining your points strategy. And this is a great chance to get a big boost.

The Chase Ultimate Rewards points you earn from this card are some of the most valuable out there. They can be used to book travel directly through the Chase travel portal – and when you do, they will be worth 25% more. That means this 100,000 bonus is worth at least $1,250 toward travel.

On top of that, you’ll be able to utilize the many transfer partners of the Ultimate Rewards program. That’s a great way to squeeze even more value out of these points.

See our post on 6 amazing ways to use Chase Ultimate Rewards points. 

This is the largest ever offer we have seen on the card. But it comes with a hefty spending requirement of $15,000 in the first three months – and that’s nothing to sneeze at. But if your business can meet it, this is a great offer and the Chase Ink Business Preferred card deserves a spot in your wallet.

 

Bottom Line

This new, 100,000 point offer on the Chase Ink Business Preferred Credit Card is the largest we’ve seen. And if you can meet the $15,000 spending requirement in the first three months of card membership, it’s worth a hard look.

Chase Ink Preferred

 

Click Here to learn more about the Chase Ink Business Preferred Credit Card.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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