The Chase Ink Business Preferred card is currently offering a welcome bonus of 100,000 Ultimate Rewards points, making it a fantastic offer for those looking to maximize their points and travel benefits. In this article, we will explore the benefits of the card and how you can make the most of the sign-up bonus.
The Chase Ink Business Preferred card is known for its valuable rewards program, with Ultimate Rewards points being one of the most sought-after currencies in the industry. With this card, you can earn 100,000 Ultimate Rewards points after spending $8,000 in the first three months after approval. These points can be redeemed at a flat value of 1.25 cents per point or transferred to Chase’s airline and hotel partners for potentially higher value redemptions.
If you choose to redeem your points through Chase’s portal, you can expect a minimum value of $1,250. However, if you strategically transfer your points to one of Chase’s travel partners, you can potentially get up to 2 cents per point, making the sign-up bonus worth $2,000. This flexibility allows you to choose the redemption method that best suits your travel needs and preferences.
In addition to the sign-up bonus, the Ink Business Preferred card offers valuable spending categories that allow you to earn points quickly. You can earn 3 Ultimate Rewards points per dollar spent in categories such as travel, shipping, internet, cable, phone services, and advertising purchases made with social media sites and search engines. This makes it easy to rack up points even when you’re not traveling, especially if you regularly pay bills in these categories.
When it comes to redeeming your points, you have two options. You can redeem them through Chase’s portal at a value of 1.25 cents per point, or you can transfer them to one of Chase’s travel partners at a 1:1 ratio. Some of the airline partners include Aer Lingus AerClub, Air Canada Aeroplan, British Airways Executive Club, and Singapore Airlines KrisFlyer, among others. Hotel partners include IHG Rewards Club, Marriott Bonvoy, and World of Hyatt. Transferring your points to these partners can lead to incredible value, especially when redeeming for premium flights or luxury hotel stays.
In addition to the rewards program, the Ink Business Preferred card offers several other valuable benefits. These include purchase protection, extended warranty protection, car rental insurance, roadside assistance, and trip delay/trip cancellation insurance. These ancillary benefits can save you money and provide peace of mind when traveling.
It’s important to note that the Ink Business Preferred card is subject to Chase’s 5/24 rule. This means that if you’ve been approved for five or more consumer credit cards from any issuer in the last 24 months, Chase may not approve you for this card. However, since this 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. However, with the ability to earn 3x points on categories like cable, internet, and phone bills, it’s easy to recoup the annual fee by maximizing your earnings.
It’s important to note that you do not need to have a full-fledged business to apply for the Ink Business Preferred 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 provide accurate and truthful information on your credit card application.
In conclusion, the Chase Ink Business Preferred card is a fantastic option for those looking to earn valuable rewards points and maximize their travel benefits. With a generous sign-up bonus, valuable spending categories, and the ability to transfer points to travel partners, this card offers a great opportunity for long-term miles and points enthusiasts. Additionally, Chase is also offering limited-time welcome bonuses on its no annual fee Ink cards, making it an even more enticing offer.