Ink Business Preferred Chase card is offering a limited time sign up bonus of 120,000 points after spending $8000 in 3 months, with a $95/annual fee.
Chase Ink Business Preferred
Apply now Award System
Bank
Reconsideration Phone
800.453.9719
Breaking Points
July 11, 2024
Ink Business Preferred 120,000 Offer
July 3, 2023
Mini Points - July 2023
- American Express Delta Skymiles Platinum Business - Limited Time Offer - 90,000 Miles after spending $4000 in 3 months, $250 annual fee.
- American Express Delta Skymiles Gold Business - Limited Time Offer - 70,000 Miles after spending $3000 in 3 months, $0 annual fee for the first year then, $99.
- American Express Delta Skymiles Reserve Business - Limited Time Offer - 100,000 Miles after spending $6000 in 3 months, $550 annual fee.
- American Express Delta Skymiles Platinum Personal - Limited Time Offer - 85,000 Miles after spending $4000 in 6 months, $250 annual fee.
- American Express Delta Skymiles Gold Personal - Limited Time Offer - 65,000 Miles after spending $2000 in 6 months, $0 annual fee for the first year then, $99.
- American Express Delta Skymiles Reserve Personal - Limited Time Offer - 85,000 Miles after spending $6000 in 6 months, $550 annual fee.
- Chase Ink Business Preferred - 100,000 Points after spending NEW LOWER $8000 requirement in the first 3 months, $95 annual fee.
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee | 1st Year Value |
|---|---|---|---|---|---|
| 90,000 | $8,000 | 1.6 ¢ | $120 | $95 | $1593 |
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Southwest, United & Hyatt transfers | 3X points on travel, shipping, internet, cable, phone & online advertising | No CR , 5/24 , Chase 2/30 , Chase 4/6 |
Most Recent Special Offer:
120,000 Bonus Points
for
$8,000 spend
ended Sep 2024
Card Type:
Business
Spend Categories
All Other = »
1X points
1.6¢ Per Dollar Spent
Online Advertising + »
3X points
4.8¢ Per Dollar Spent
Shipping + »
3X points
4.8¢ Per Dollar Spent
Cell Phone Carriers + »
3X points
4.8¢ Per Dollar Spent
Travel = »
3X points
4.8¢ Per Dollar Spent
Rideshare and Transit = »
5X points
8¢ Per Dollar Spent
Internet and Cable = »
3X points
4.8¢ Per Dollar Spent
Card Benefits
Cell Phone Protection »
You, and employees on your bill get up to $600 per claim in cell phone protection against covered theft or damage. Maximum of 3 claims in a 12-month period (subject to a $100 deductible).
You, and employees on your bill get up to $600 per claim in cell phone protection against covered theft or damage. Maximum of 3 claims in a 12-month period (subject to a $100 deductible).
Car Rental Insurance »
Using this card when renting for business gives you primary car rental insurance. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Using this card when renting for business gives you primary car rental insurance. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Travel Insurance »
If your trip is cancelled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per trip for your prepaid, non-refundable travel expenses, including passenger fares, tours, and hotels.
If your trip is cancelled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per trip for your prepaid, non-refundable travel expenses, including passenger fares, tours, and hotels.
No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Roadside Assistance »
A flat $59.95 fee for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided.
A flat $59.95 fee for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided.
Purchase Protection »
Your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Extended Warranty »
This card extends the time period of the U.S. manufacturer's warranty by 1 additional year, on eligible warranties of 3 years or less.
This card extends the time period of the U.S. manufacturer's warranty by 1 additional year, on eligible warranties of 3 years or less.
Point Transfer Options
Transfer To Spouse/Partner Yes
Transfer To Friends No
Travel Partner Transfers
Chase Ultimate Rewards Outside Point System
Transfers Out To
Air Canada Aeroplan
1:1 75% value retained
British Airway Executive Avios
1:1 63% value retained
Cash in Cents
1:1 63% value retained
Flying Blue and Air France
1:1 75% value retained
IHG Rewards
1:1 38% value retained
jetBlue trueBlue
1:1 75% value retained
Marriott Bonvoy
1:1 38% value retained
Singapore KrisFlyer
1:1 81% value retained
Southwest Rapid Rewards
1:1 81% value retained
United MileagePlus
1:1 94% value retained
Virgin Atlantic Flying Club
1:1 94% value retained
World of Hyatt
1:1 100% value retained
Bottom Line
This is always one of our top-3 recommended business cards. It offers lots of traveler protection: car rental, luggage, traveling, buyer's. It also offers a number of ways to spend your points: hotels, flights, upgrades, and travel packages. And with a beefy sign-up bonus and multipliers in popular spend categories, accumulating Ultimate Rewards can be effortless. The icing on the cake is using the Chase Travel Portal, which gives you a 25% bonus when redeeming points from your Chase Ink Business Preferred. There's almost no reason to not have this business card.
Why You Might Want This Card
This is the hardest Chase card for which to be approved. You'll need to have real income and some credit history for your business. If your business doesn't have credit cards, you might be better off starting with the Chase Ink Business Cash card. If you do apply for the Ink Preferred and get declined, call the reconsideration phone listed on this page. We've been approved after the fact many times. Just have your numbers and facts ready.
Exceptions To The Rule
About Chase Ultimate Rewards
Chase Ultimate Rewards are aptly named -- as they are the “gold standard” of points. But most people barely scratch the surface in redeeming these points. Here’s what makes them so valuable:
- Accumulating points is relatively easy with the variety of cards Chase offers, especially their business cards.
- The points are worth a lot... if you have the Reserve Card (why you should). Your points are worth a minimum of 1.5 cents each, and often more with transfer partners.
- Chase has the best values in transfer partners, with Hyatt, United, and Southwest being the top three.
- Chase points are easy to use. The Ultimate Rewards portal is intuitively built for booking travel directly through their portal with points. Or easily transferring those points to partners.
- You can transfer your points with your partner, so long as you share the same address.
The key to maximizing value, though, is how you use those points. Think of Chase Ultimate Rewards as your most easily convertible points. And all other point systems are great, but not nearly as flexible.
How does that affect you in practical terms? If Chase is your hub, you and your partner should also get the Hyatt card, United card, and Southwest card(s) over a year. Let’s say you and your partner have two Chase cards, plus one of each of the other cards. Here is an example of how you can use them:
- Trip One:
- On Hyatt’s site, use 60,000 Hyatt points topped off with a 20,000 Chase point transfer for 4 nights at the all-inclusive at Zilarra Cancun.
- On Southwest’s site, book two flights to Cancun free using your Southwest Points (topped of with a Chase points transfer as needed)
- Trip Two:
- On United’s site, book two round trip tickets to any European city for 60,000 United miles each, top off with Chase Points as needed
- Book hotels on Hyatt’s site using additional Chase transfers as needed. Since you can transfer between Partners, they can be either person’s account to start.
That is just a pair of examples, but it’s a very real scenario. Most people are happy to just use the points to book a free flight or two through the portal. The reality is you can make entire vacations nearly free.
Amex and Citi have similar systems, but the points are more limited in how many you can earn. Also, the value of the transfer partners and the quality of their portals isn’t as good. That’s not to say you shouldn’t be happy when you find those points. We’re just saying all else being equal, we’ll take (or save on using) Chase Ultimate Rewards Points over any other point system.
It’s also worth noting you can’t transfer points back from partners, so never transfer until the actual time of booking. The transfers are usually instantaneous (you might have to log out and log back in to the partner site).
Where Chase Ink Business Preferred Fits In This Point Ecosystem
Personal Experience
Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months
You'll be declined if you apply for a third Chase card of any kind within 30 days
Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months
Ranking of Cards Offering Chase Ultimate Rewards
Best for Series
Below is a snapshot of where this card performs best compared to the other cards in our database:
Rank
2nd
Rank
4th
Rank
2nd
Rank
2nd
Related Guides
Why Chase Is Top Dog (and Amex Is Second)Breaking Points
July 11, 2024
Ink Business Preferred 120,000 Offer
Ink Business Preferred Chase card is offering a limited time sign up bonus of 120,000 points after spending $8000 in 3 months, with a $95/annual fee.
July 3, 2023
Mini Points - July 2023
- American Express Delta Skymiles Platinum Business - Limited Time Offer - 90,000 Miles after spending $4000 in 3 months, $250 annual fee.
- American Express Delta Skymiles Gold Business - Limited Time Offer - 70,000 Miles after spending $3000 in 3 months, $0 annual fee for the first year then, $99.
- American Express Delta Skymiles Reserve Business - Limited Time Offer - 100,000 Miles after spending $6000 in 3 months, $550 annual fee.
- American Express Delta Skymiles Platinum Personal - Limited Time Offer - 85,000 Miles after spending $4000 in 6 months, $250 annual fee.
- American Express Delta Skymiles Gold Personal - Limited Time Offer - 65,000 Miles after spending $2000 in 6 months, $0 annual fee for the first year then, $99.
- American Express Delta Skymiles Reserve Personal - Limited Time Offer - 85,000 Miles after spending $6000 in 6 months, $550 annual fee.
- Chase Ink Business Preferred - 100,000 Points after spending NEW LOWER $8000 requirement in the first 3 months, $95 annual fee.
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