Still available: 100,000 Ultimate Rewards points with Chase Ink Preferred, just $8k spend

The Chase Ink Business Preferred card is currently offering a welcome bonus of 100,000 Ultimate Rewards points. This is a fantastic offer for one of the most valuable points currencies available. Unlike the usual spend requirement of $15,000, you only need to spend $8,000 to earn the bonus.

Chase’s Ultimate Rewards points are extremely valuable. You can redeem them at a flat value of 1.25 cents per point or transfer them to Chase’s airline and hotel partners for even more value. If you redeem them through Chase’s portal, the sign-up bonus is worth at least $1,250. However, if you use them strategically, you can get up to 2 cents per point, making the sign-up bonus worth $2,000.

The Ink Business Preferred card also offers valuable spending categories that can help you earn points quickly. You’ll earn 3 Ultimate Rewards points per dollar spent on travel, shipping, internet, cable, phone services, and advertising purchases made with social media sites and search engines. This means that even when you’re not traveling, you can still earn points by putting your monthly cable, phone, and internet bill on this card. For example, if your monthly bill in this category is around $200, you can earn a total of 7,200 Ultimate Rewards points each year.

When it comes to redeeming points, you have a couple of options. You can redeem Chase Ultimate Rewards points on the Ink card by purchasing travel through Chase’s portal at a rate of 1.25 cents per point. This means that a $125 airline ticket would cost you 10,000 Ultimate Rewards points. Alternatively, you can transfer your points to Chase’s travel partners at a 1:1 ratio. Some of these partners include Aer Lingus AerClub, Air Canada Aeroplan, British Airways Executive Club, Flying Blue/Air France KLM, Iberia Plus, JetBlue TrueBlue, Emirates Skywards, Singapore Airlines KrisFlyer, Southwest Airlines Rapid Rewards, United MileagePlus, Virgin Atlantic Flying Club, IHG Rewards Club, Marriott Bonvoy, and World of Hyatt.

The Ink Business Preferred card also offers other valuable benefits such as purchase protection, extended warranty protection, car rental insurance, roadside assistance, and trip delay/trip cancellation insurance.

It’s important to note that this card is subject to Chase’s 5/24 rule, which means that if you’ve been approved for five or more consumer credit cards from any issuer in the last 24 months, you may not be approved for this card. However, since it is a business credit card, once you’re approved, it will appear on your business credit report and will not take up a 5/24 slot.

The annual fee for the Ink Business Preferred card is $95, but with the ability to earn 3x points on certain spending categories, you can easily recoup the entire annual fee.

You don’t need to have a full-fledged business to apply for this card. If you have any consulting gig or run a part-time business on the side, you can apply as a sole proprietor. Just make sure to enter all the details truthfully and correctly on your credit card application.

In conclusion, the Chase Ink Business Preferred card is a fantastic option for those looking to earn a hefty sign-up bonus and play the miles and points game long-term. With the ability to earn valuable Ultimate Rewards points and redeem them for great value through Chase’s travel partners, this card is a valuable addition to any wallet.

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