Chase has a new referral offer out for the Chase Ink Business Preferred: you can earn 20K Ultimate Rewards points per referral up to 100k total points. The referral offer matches the best public offer on the card: 80K points for spending $5,000 in the first 3 months. We received this offer as Chase Ink Plus holders — so if you have an Ink Plus, check to see if you have a referral. Chase has sent this out as an email, you can also check the Chase Refer-a-Friend site listed below to see if you have a referral offer.
The Deal
- Earn 20,000 Ultimate Rewards points for each business owner you refer who is approved
- Earn up to a total of 100,000 bonus points per year from referrals
- The person you refer gets the standard 80K for $5K spend signup bonus offer
- Check the Chase Refer-A-Friend site to see if you have a referral
Quick Thoughts
This is a terrific offer. The previous offer was for 10,000 points per referral up to a total of 50,000 total points. Ultimate Rewards are a valuable currency with many transfer partners. As per our Reasonable Redemption Values, you can easily expect 1.82 cents each out of Chase Ultimate Rewards — though you can certainly do much better. That makes these referrals very valuable for Chase Ink customers. Check the Chase Refer-a-Friend site for a referral link if you have not received an email.
Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
