With the competition gearing up between the best business cards out on the market, Chase did not disappoint with their newest card. The recent launched Chase Ink Business PreferredSM is offering cardholders 80,000 bonus points which is rewarded after completing $5,000 on purchases in the first 3 months from account opening. In other terms, you can earn $1,000 in travel when you redeem through Chase Ultimate Rewards®.
Chase Ink Business Preferred SM Review
Chase is now offering one of the best business credit cards out there with their launced Chase Ink Business PreferredSM Credit Card. With this card you are able to earn 80,000 bonus points by meeting the spending requirements of $5,000 within the first 3 months of opening the account. The conversion rate of the 80,000 bonus is approximately $1,000 in travel redemption if you redeem through Chase Ultimate Rewards® portal! If traveling isn’t what you are looking for you can definitely redeem your 80k points for other items such as cash back, gift cards, etc through the rewards portal.
You may not know this, but if you ever sell something on eBay, Craigslist, or do any freelance work, your business is called sole proprietorship. Simply use your name as business ID and Social Security number as tax ID on your application to apply.
Chase Ink Business Preferred Features:
- Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That’s $1,000 toward travel when you redeem through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent in select categories each account anniversary year
- Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
- Redeem points for travel, cash back, gift cards and more – your points don’t expire as long as your account is open
- No foreign transaction fees
- Employee cards at no additional cost
- $95 Annual Fee
Chase Ink Business Preferred Earning Points:
With the Chase Ink Business PreferredSM card it’s easy to earn points on every single purchase. You can earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services. As an business card you can also earn 3 points per dollar spent on advertising purchases made with social media sites and search engines on each account anniversary year. For all other purchases you’ll be able to earn 1 point per $1 with no limit to the amount you can earn! This business credit card keeps getting better and better!
Simply put if you are in an industry that requires a lot of traveling, shipping, and media advertising, you will be able to earn the maximum rewards for your day-to-day operations. This card is catered towards the generation of businesses where most earning capacity can revolve around internet hosting, social media, and traveling. Not to say that you can not earn the bonus points in any other way but this card is highly recommended for those individuals within those activity to earn points faster without strain on their daily activity.
Chase Ink Business Preferred Points Redemption:
The Chase Ink Business PreferredSM Card offers an amazing 80,000 bonus points that is worth $1,000 in travel reward redemption! Your points do not expire as long as the credit card account remains open and you can use your points for airfare and other travel purchases without restrictions.
Points are worth more for travel using Ultimate Rewards: As a Preferred cardmember, you get 20% off whenever you redeem your points for airfare, hotels, car rentals and cruises through the Ultimate Rewards website. Simply put: 1 point = 1.25 cent value thru Ultimate Rewards Travel since 20% fewer points are needed.
Point conversion to different partners: Convert points to frequent flyer miles on partner airlines at a 1:1 ratio- including hotel programs. The partner airlines and hotel programs include:
- British Airways Avios
- Hyatt Gold Passport
- InterContinental Hotels Priority Club
- Korean Air Skypass
- Marriott Rewards
- Ritz-Carlton Rewards
- Southwest Airlines Rapid Rewards
- United Airlines Mileage Plus
- Virgin Atlantic Flying Club
The Chase Ink Business PreferredSM credit card is one of the best business cards out there by far with such an attractive bonus of 80,000 points! Chase definitely stacked incentives on this card with the amount of points you can earn with everyday business purchases. With this card you have various opportunities to earn points 3X or 1X points and with no limits on how much you can earn. This card is it – for any business owners out there, you can easily earn 80,000 bonus points, which is $1,000 in travel redemption, by spending $5,000 within the first 3 months of account opening. Hurry up and apply for the Chase Ink Business PreferredSM card today! See our full list of credit card bonuses for all your credit card needs!
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