Ink Business Preferred Credit Card 100,000 Bonus Points

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The Chase Ink Business Preferred Credit Card is one of the best small business credit cards one could get, thanks to the excellent sign-up bonus, a high rewards rate in common business categories, and a plethora of valuable perks.

New applicants can earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,250 toward travel when redeemed through Chase Ultimate Rewards.

You don’t need to have a formal business to apply for this card. In fact, your business is a “sole proprietorship” if you ever sell something on eBay, Craigslist, or do any freelance work. Simply use your name as business ID and Social Security number as tax ID on your application to apply. However, the earning rates and added perks are more appealing toward those with an actual company.

Chase Ink Business Preferred Card Bonus Summary

The Ink Business Preferred® Credit Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. 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 Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. Learn More About This Card Here

Ink Business Preferred Bonus

Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

What are Ultimate Rewards Points Worth?

The value of your points depends on how you use them, on average the value of each Ultimate Rewards point at around $0.02.

You can redeem your Ultimate Rewards points for:

• Travel: Premium vacation packages, cruises or fly any class on most major airlines. Points are worth 25% more if you book your travel through Chase Ultimate Rewards.
• Cash back: As a statement credit to apply towards your card balance, or get it directly deposited to most U.S. checking and savings accounts. There are no minimums to redeem as cash back.
• Gift cards: Over 70 gift card options available including Home Depot, iTunes, Amazon and Staples.
• Amazon items: Instantly redeem your points to pay for all or part of your eligible Amazon order, including taxes and shipping.

You can also transfer your points to a variety of travel partners at a 1:1 ratio. Depending on the booking scenario with a transfer partner, the average value of up to two cents per point.

Chase Business Checking Option

Conclusion

If you do a lot of traveling for business or your spending matches the bonus categories, the Ink Business Preferred may be well worth its annual fee.

In addition, this card is subject to Chase’s 5/24 rule. If you’ve  opened 5 or more credit cards over the last 24 months, you’ll most likely be denied. So, this card (or another Chase product) should be among the first ones for which you apply.

It seems like Chase is really pushing their fantastic business cards. However, if these categories don’t match your spending, you may be better off with another card to maximize your earnings. You can find some that may fit your liking in our credit card promotions list.

If you’re looking for more Chase credit card options then check out our Chase credit card promotions master list for more information.

If you’re interested for more offers from Chase, check out all the ongoing Checking/Savings account bonuses!

See rates and fees here.

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