The new Chase Ink Business PreferredSM Card has made a grand entrance with it’s outstanding bonus offer of 80,000 points.
This card appeals to new or smaller business that have travel needs and expenses that will earn 3x points within the specified categories such as online advertising, shipping purchases, internet, cable and phone services. For all other purchases made with the card you’ll be able to earn 1x points without limitations on how much points you can rack up!
Editor’s Note: 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 Summary
 The Ink Business Preferred® Credit Card offers 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase TravelSM. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase TravelSM. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
Generous Bonus
The Chase Ink Business PreferredSM Card offers one of the best bonuses for new card holders. The current offer is a chance to earn 80,000 points if you spend $5,000 or more within the first 3 months of obtain the card membership.
Chase offers cardholders a chance to get 25% more from their earn points when users redeem their rewards through the Chase Ultimate Rewards® portal. With the 80K points you’ll easily churn those points to approximately $1,000 in travel! So if you’re in a business where you need to travel quite often this perk is by far one of the best out there.
Travel Perks
With Chase’s convenient and easy to use Ultimate Rewards® portal, points earned can be converted to travel rewards at a 25% discount.
In addition to that, as a cardholder, you’ll be able to use this card overseas without worrying about foreign transaction fees. So travel where your business takes you or travel when you just want to get away and spend without additional fees weighing you down!
Chase understands that their customer’s purchases and security is their number one priority and thus you’ll also obtain travel and purchase coverage with this card in your hand.
Transfer Points 1:1 Ratio
For those that understand the frustrating hassle of transferring points, Chase Ultimate Rewards® has you covered with the Chase Ink Business PreferredSM card. You can transfer your points to the participating frequent travel programs at the full 1:1 value ratio!
You don’t have to worry about losing the value when transferring your points to one of Chase’s partner programs. Participating frequent travel programs are listed below:
- Aer Lingus AerClub
- British Airways Executive Club
- Flying Blue AIR FRANCE KLM
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards®
- United MileagePlus®
- Virgin Atlantic Flying Club
- IHG® Rewards Club
- Marriott Rewards®
- The Ritz-Carlton Rewards®
- World of Hyatt®
Reward Point Earnings
You can earns points easily with the Chase Ink Business PreferredSM card. You have the opportunity to earn 3x points for every dollar for purchases up to $150,000 in combined purchases certain categories each account anniversary year.
The selected categories include purchases made on travel, shipping, internet, cable and phone services, and last and not least advertising purchases made with social media sites and search engines.
This card is definitely one built for start-up businesses those that require a lot of travel. You’ll easily earn points that will not expire as long as you keep your account open.
You can also earn 1x point on every $1 spent on all other purchases with no limits.
Business Benefits
With the Chase Ink Business PreferredSM, easily add employee cards at no additional cost! For each individual employee card added, you can set the spending limits. Then, you can earn rewards even faster on your card account.
You also have access via your fingertips to your account. So, you’re always in the know about what is going on with your account. The Ink Mobile App will allow you to have control over your account. Plus, the convenience of handling any transaction necessary with your handheld device.
As a new business owner, you can bet there will be times you wished someone had your back. Chase provides you just that, with purchase protection over anything purchased with the Ink Business Preferred and extended warranty protection!
Chase is like the older brother/sister that was always there for you when times were rough. On top of that they provide card holders trip cancellation/trip interruption insurance. This card is like a plethora of safety nets for business travelers.
Lastly, Cell phone protection service allows up to $600 per claim against covered theft or damage for you and your employees. Just make sure they’re listed on your monthly cell phone bill when you pay it with your card.
Minor Downfalls
- Unfortunately, this amazing card does come with a $95 annual fee and is not waived.
- Chase operates under the 5/24 rule and this Chase Ink Business Preferred card does fall under that scope.
- This card is great for traveling purchases and rewards but fails to have the common business purchase categories of supply stores.
Travel Wisely for Business
The Ink Business Preferred is by far the most attractive business card available right now. This card was definitely made with the frequent business traveler in mind. Plus, enjoy a 25% discount when you redeem points for travel rewards. Thus, the thrifty traveler will definitely earn their purchases back almost immediately.
This card also offers plenty of opportunity for reward redemption such as cash back, gift cards and more. There is no rush as your points do not expire as long as your account is open! Earning 3x per $1 spent on select categories is great to have with a business card.
The best part is that Chase ensures you won’t lose out on additional perks and benefits, like protection and insurance for the weary business owner. Review our complete list of credit card bonus promotions.
Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.