Chase Ink Business Preferred Card

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Card Details and Application Link
Chase Ink Business Preferred Card
100K points
100K after $15K spend in 3 months
Click here to learn how to apply

$95 Annual Fee

See: How to sign up for Chase Ink cards

Recent better offer: 80K after $5K spend. Many preferred the 80K offer due to the much lower spend requirement

FM Mini Review: Great card for signup bonus and 3X categories. Also consider the fee-free Ink Business Cash for its 5X categories, and the fee-free Ink Business Unlimited to earn 1.5X everywhere.


Card Type: Visa Signature Business

Base
Travel
Phone
Biz
Other

Earning rate: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year) ⚬ 5X Lyft through March 2025

Noteworthy perks: ⚬ Points worth 25% more when redeemed for travel ⚬ Transfer points to airline & hotel partners ⚬ Cell phone protection against theft or damage

See also: Chase Ultimate Rewards Complete Guide

The Chase Ink Business Preferred is an extremely rewarding business card. It regularly has one of the best signup bonuses around and it earns valuable Chase Ultimate Rewards points. The card’s 3X categories make it possible to earn huge rewards through spend as well.  This is also a surprisingly good travel rewards card (which is unusual for a business card): It offers 3X rewards for all travel spend, no foreign transaction fees, primary car rental collision waiver, trip cancellation and interruption insurance, and cell phone protection (for when your phone is damaged or stolen).

Chase Ink Business Preferred Application Tips

Should you apply?

Even though this is a business card, it’s a great choice for anyone interested in earning Chase Ultimate Rewards points.  The signup bonus for this card regularly tops our “Best of the Best” list.  Even if you’re not particularly interested in this card long-term, it’s a great card to get for the signup bonus.  You can later product change it to the no-fee Ink Business Cash (for its 5X categories) or the no-fee Ink Business Unlimited (1.5X everywhere).

If you are eligible (see next section), the signup bonus on this card makes it a fantastic choice.

Are you eligible?

To get this card you must have a business, and you must be under 5/24 (more on 5/24 below).

Interestingly, it’s possible to get the same Chase Ink card and signup bonus for each business you own (if you have more than one business).  This is true even though the application terms state otherwise: “I understand that any new cardmember bonus offers for this product are not available to either current or previous cardmembers of this product who received a new cardmember bonus for this product in the last 24 months.”  Despite those terms, many people have reported success signing up for more than one of the same Ink card across multiple businesses.
Similarly, it’s possible to get all three Ink Business cards (and the signup bonuses) for each business you own.  Fortunately, even though Ink cards are subject to the 5/24 rule, they do not add to your 5/24 count when you are approved.  As a result, when you’re under 5/24, it makes sense to sign up for all three (at different times): Ink Business PreferredInk Business Cash, and Ink Business Unlimited.
Applying for Business Credit Cards

Yes, you have a business: In order to sign up for a business credit card, you must have a business. That said, it's common for people to have businesses without realizing it. If you sell items at a yard sale, or on eBay, for example, then you have a business. Similar examples include: consulting, writing (e.g. blog authorship, planning your first novel, etc.), handyman services, owning rental property, renting on airbnb, driving for Uber or Lyft, etc. In any of these cases, your business is considered a Sole Proprietorship unless you form a corporation of some sort.

When you apply for a business credit card as a sole proprietor, you can use your own name as your business name, use your own address and phone as the business' address and phone, and your social security number as the business' Tax ID / EIN. Alternatively, you can get a proper Tax ID / EIN from the IRS for free, in about a minute, through this website.

Is it OK to use business cards for personal expenses? Anecdotally, almost everyone I know uses business cards for personal expenses. That said, the terms in most business card applications state that you should use the card only for business use. Also, some consumer credit card protections do not apply to business cards. My advice: don't use the card for personal expenses if you're not comfortable doing so.
Chase's 5/24 Rule: With most Chase credit cards, Chase will not approve your application if you have opened 5 or more cards with any bank in the past 24 months.

To determine your 5/24 status, see: 3 Easy Ways to Count Your 5/24 Status. The easiest option is to track all of your cards for free with Travel Freely.

How to apply

You can find the current best signup offer and application link at the top of this page: Chase Ink Business Preferred.

The first part of the application is about your business. If you already have a well established business, then the answers should be straightforward. If you are just getting started with your business, below are examples of how to fill this out. These answers assume that you do not have any employees and you operate as a sole proprietorship (which is the most basic form of a business). Use your judgment to answer differently if the examples given don’t match your circumstances: Business Information
  • Legal Name of Business: If you don’t already have a business name, I recommend using your own name as the business name.
  • Business Name on Card: Again, this can be your own name if you don’t have a business name to use.
  • Business Mailing Address: This can be your home address if you don’t have a separate business address.
  • Type of business: Sole Proprietor
  • Tax Identification Number: This can be your SSN, but I recommend creating an EIN for your business (you can get an EIN quickly and for free from the IRS here)
  • Number of Employees: 1 (you)
  • Annual Business Revenue: 0 (or project an amount based on expected revenue)
  • Years in Business: (number of years you’ve been operating the business with or without revenue)
  • General industry, Category, Specific type: Pick whichever categories are closest to your business. For example, an aspiring author, artist, or musician might choose: "Arts, Entertainment, and Recreation" and "Independent Artists, Writers, Performers."
Personal Information This part of the application is about you, personally:
  • Your title as Authorizing Officer: "Owner"
  • Total gross annual income: Include all of your income, not just business income. This can include household income.
  • The rest should be self explanatory
Keep records of your answers In some cases Chase will ask to speak with you before approving your application. In those cases, they are likely to ask some of the same questions (annual business revenue, number of years in business, total gross income, etc.). Ideally you'll answer the same as you did on the application. Check Application Status After submitting your application, you can check status by calling the automated status line: (888) 338-2586

Reconsideration

If your application is denied, I recommend calling for reconsideration (1-888-270-2127). It’s surprising how often denials can be changed to approvals just by asking.

Chase Ink Business Preferred Perks

The Ink Business Preferred Guide to Benefits can be found here.

Premium Ultimate Rewards

Since this is a premium Ultimate Rewards card, the following rewards are available:

  • Redeem Points for 25% More Value: Points are worth 1.25 cents each when used to book travel through the Ultimate Rewards portal.
  • Transfer Points to Partners: Points can be transferred one to one to a number of airline and hotel loyalty programs.

Travel Protections

  • Auto Rental: Chase offers primary auto rental CDW (collision damage waiver) when renting for business purposes. Here’s the description directly from Chase: “Decline the rental company’s collision insurance and charge the entire rental cost to your card. Coverage is primary when renting for business purposes and 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.”
  • Trip Cancellation / Interruption: “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 pre-paid non-refundable travel expenses, including passenger fares, tours, and hotels.same page link to benefits”
  • Trip Delay: If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.
  • Lost Luggage: Reimburses for costs incurred to repair or replace checked or carry-on bags and property within if loss or damage occurs during a covered trip.  Coverage is up to $3,000 per person per trip (or up to $500 for jewelry, watches, cameras, video recorders, and other electronic equipment).
  • Baggage Delay: “Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 5 days.”
  • Travel Accident Insurance: When you pay for your air, bus, train or cruise transportation with your card, you are eligible to receive accidental death or dismemberment coverage of up to $500,000

Cell Phone Protection

If you (and/or your employees) pay monthly cell phone bills with this card, you (and they) will be covered for theft or damage.  Limits: $600 per claim. Max 3 claims per 12 months. $100 deductible per claim.

Purchase Protection

Extended Warranty: “Extends the time period of U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less.”

Damage and Theft Protection: “Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.”

Chase Ink Business Preferred Earn Points

Signup Bonus

This card earns super-valuable Ultimate Rewards points.  Here’s the current signup offer:

Card Offer
Chase Ink Business Preferred Card
100K points
100K after $15K spend in 3 months

$95 Annual Fee

See: How to sign up for Chase Ink cards

Recent better offer: 80K after $5K spend. Many preferred the 80K offer due to the much lower spend requirement

Refer Friends

Referring friends is often a good way to earn extra points with Chase products, but referral offers come and go over time.  When referral offers are available, Chase sends emails to eligible cardholders with the offer details.  Cardholders can also look for Chase friend referral offers here.

Bonus Spend

Card Info Name and Earning Rate (no offer)
Chase Ink Business Preferred Card
Base
Travel
Phone
Biz
Other
Earning rate: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year) ⚬ 5X Lyft through March 2025

The Ink Business Preferred card offers 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year).  Note that the no-fee Chase Ink Business Cash card offers 5X for internet, cable, and phone charges.  If you have both of these business cards, it definitely makes sense to charge internet and cable to the Ink Business Cash card.  Which card to use for your cell phone bill is a bit trickier since the Ink Business Preferred offers 3X plus cell phone protection whereas the Ink Business Cash offers 5X without cell phone protection.

Chase Ink Business Preferred Redeem Points

Cash Back

Cardholders can redeem points for 1 cent each either as statement credits or as cash back. Cash back can be taken as a statement credit or via check or ACH transfer.

Travel

Redeem points for travel: 1.5 cents per point

This option requires that someone in your household has the ultra-premium Chase Sapphire Reserve card. First move (combine) points from your other Ultimate Rewards card to the Sapphire Reserve account. Next, log into Chase under the Sapphire Reserve account, and go to the Chase Ultimate Rewards portal to book your travel. A $500 flight would cost 40,000 points if you used points attached to a premium card (Sapphire Preferred or Ink Business Preferred), but with the Chase Sapphire Reserve it would cost only 33,333 points.

Redeem points for travel: 1.25 cents per point

This option is directly available to anyone with a premium Ultimate Rewards card: Chase Sapphire Preferred, Chase Ink Business Preferred, or the no-longer-available Ink Plus. If you have points with no-fee Ultimate Rewards cards, then move them first to your premium card. Next, log into Chase under the premium account, and go to the Chase Ultimate Rewards portal to book your travel. A $500 flight would cost 50,000 points if you used points attached to a no-fee Ultimate Rewards card, but with your premium card it would cost only 40,000 points.

Details about booking travel through Chase

You can use the Chase Ultimate Rewards portal to book airfare, hotels, cruises, activities, and car rentals. Airfare purchased through the portal still earns airline miles and elite qualifying miles.  Hotels booked this way do not earn hotel rewards.  Worse, hotels booked through the portal often won't offer you elite benefits even if you have status. Unfortunately, Chase switched to an Expedia-backed portal and removed some ultra low cost carriers. For example, you can no longer book Spirit Airlines or Southwest through Chase Ultimate Rewards.  There is a work-around for some carriers though.  Please see this post for details: How to book the cheapest flights with Chase Ultimate Rewards.

Travel protections apply

When you pay with points for travel, Chase's automatic travel protections do apply.  So, you can be covered for things like car rentals, trip delays, trip cancellation & interruption, lost luggage, etc.  The coverage you receive will be based on which card's rewards were used to book the trip. For example, if you have both a Chase Sapphire Preferred and a Sapphire Reserve, you would want to move your Ultimate Rewards points from the Preferred to the Reserve and then use the Reserve points to book your trip. You will get both better value (1.5 cents per point) and better travel protections.  See: Sapphire Reserve Travel Insurance.

Transfer points

The best use of Ultimate Rewards points, in my opinion, is to transfer points to airline and hotel partners in order to book high value awards.  Your best bet is usually to wait until you find a great flight or night award before transferring points. Points transfer at a ratio of 1:1 as shown in the list of transfer partners below. Keep in mind that while transfers are instantly posted to most loyalty programs, transfers to Singapore Krisflyer and Marriott Bonvoy are not instant.

Move points to premium or ultra-premium card first

You cannot transfer points directly from a no-fee Chase Ultimate Rewards card to airline and hotel partners, but you can move points first to a premium card (Sapphire Preferred or Ink Business Preferred, for example) or ultra-premium card (Sapphire Reserve) and then transfer the points to airline or hotel partners.  Points can be transferred to the loyalty accounts of the primary cardholder or any authorized user on the account. Points can also be transferred to the loyalty account of a joint business owner, but they do need to be an authorized user on the associated business account.

Transfer Partners

Rewards ProgramBest Uses
Aer Lingus AviosAer Lingus shares the "Avios" currency with British Airways and Iberia. In most cases it is best to move points to one of those programs in order to book awards for less.  See also: Complete guide to Avios - British Airways, Iberia, and Aer Lingus.
Air Canada AeroplanRedeem for Star Alliance flights and/or flights with Air Canada partners (such as Etihad). No fuel surcharges; $39 CAD award booking fee; 5,000 points to add stopover on one-way award. See: Air Canada Aeroplan: Everything you need to know.
Air France KLM Flying BlueMonthly Air France Promo Awards often represent very good value. Air France miles can be used to book Sky Team awards, including Delta awards. Air France offers very good business class award pricing between the US and Europe & Israel.
British Airways AviosWhile flights on British Airways itself often incur outrageously high fuel surcharges, many BA partners charge low or no fuel surcharges. Excellent value can be had in redeeming BA points for short distance flights. It's possible to move points (Avios) between Iberia, British Airways, Aer Lingus, and Qatar. See also: Complete guide to Avios - British Airways, Iberia, and Aer Lingus.
Emirates SkywardsThe best use of Emirates miles has been to fly Emirates itself. Unfortunately fuel surcharges can be steep. See: Emirates Sweet Spot Awards - First class from 30K miles round trip. Another great use is to book JetBlue Mint flights. See: Book JetBlue Mint (including Mint Studio) with Emirates miles.
HyattUse for Hyatt free nights, free suite nights, lounge upgrades, or suite upgrades. Hyatt points are often worth at least 1.5 cents each, but they’re sometimes worth far more. Bonus: award nights are not subject to resort fees.
Iberia AviosIberia offers very low award prices on their own flights. Round trip partner awards can offer good value under some circumstances as well. Fuel surcharges are often lower when booking with Iberia rather than British Airways. It's possible to move points (Avios) between Iberia, British Airways, Aer Lingus, and Qatar.  See also: Complete guide to Avios - British Airways, Iberia, and Aer Lingus.
IHGIHG dynamically prices their awards and sometimes offer very good value. IHG credit cards can increase value: IHG Select Card (no longer available to new applicants) offers a 10% rebate on awards. IHG Premier, IHG Premier Business, and IHG Traveler Cards offer fourth night free on award stays.
JetBlueJetBlue points offer the most value when cheap ticket prices are available and when award taxes are high relative to the overall cost of the ticket (more details can be found here). The JetBlue Plus Card and the JetBlue Business Card offer a 10% rebate on awards, so you can get more value by holding one of these cards. JetBlue points can also be transferred to Amtrak 2 to 1 (with Amtrak points worth up to 2.9 cents each, this transfer can offer good value).
Marriott Bonvoy5th Night Free awards. Opportunities to get outsized value exist but can be hard to find.
Qatar Privilege Club AviosQatar has reasonable award prices for flying Qatar itself. Points are now transferable 1 to 1 to British Airways (and from there to Aer Lingus or Iberia)
Singapore Airlines KrisFlyerUse to book Singapore Airlines First Class awards (generally reserved for their own members), Alaska Airlines economy awards, or for Star Alliance awards (including United Airlines).
Southwest Rapid RewardsAward flights are fully refundable. Point values vary due to certain taxes not being charged on awards, but tend to average around 1.5 cents per point.
United MileagePlusUnited offers free award changes, and free cancelations 30+ days before departure. Like Avianca and Aeroplan, United never charges fuel surcharges for awards. Unfortunately, United charges many more miles for international first class awards. Good uses of miles include United's Excursionist Perk awards and (sometimes) dynamically priced United economy awards.
Virgin Atlantic Flying ClubVirgin Atlantic offers a few great sweet spot awards including ANA first class between the US and Japan for as low as 55K points one-way; and US to Europe on Delta One business class for 50K points one-way. See: Best uses for Virgin Atlantic points (Sweet Spot Spotlight).

Other ways to redeem points

Through the Ultimate Rewards portal you can redeem points for cash back, gift cards, merchandise, or experiences.  With this approach you'll usually get 1 cent per point value.  One exception is that Chase occasionally offers gift cards at a discount so you may be able to get better than 1 cent per point value during a gift card sale.
You can also use points to pay some merchants directly (Amazon.com, for example or via Chase Pay).  Don't do this.  These options offer very poor value. Further, they may compromise the security of your account (i.e. if someone hacks into your Amazon account, they might spend your Ultimate Rewards points - causing you a headache in getting your points reinstated).

Chase Ink Business Preferred Manage Points

Combine Points Across Cards

If you are the primary account holder with multiple cards, you can freely combine Ultimate Rewards back and forth between your accounts.  Your points can then be redeemed according to the card to which you move them.  For example, if you have the no-fee Ink Business Cash card and the ultra-premium Sapphire Reserve card, you can earn 5X points per dollar on office supply purchases (or on gift cards purchased at office supply stores) with the Ink Card and then move those points to your Sapphire Reserve account to redeem them for 1.5 cents per point towards travel.
If you intend to cancel a Chase Ultimate Rewards card, you should first combine your points with a card you intend to keep active. Once you cancel, you will forfeit any unused points in that account (See: My 90,000 Ultimate Rewards Points mistake). A product change should not affect your balance, but some people prefer moving points before a product change as well just to be safe.

Share Points Across Cardholders

Chase allows customers to transfer Ultimate Rewards points to any other account in that customer's name or to one additional household member or joint business owner (for free).
share Chase Ultimate Rewards with friends Why this is valuable:
  • You earn points with the card offering the best return on purchases and then use points with the card offering the best redemption rate.
  • Only one member of your household needs to maintain a premium card for transferring to partners or booking travel (though note that the primary cardholder can only transfer points to partner loyalty programs in the name of the primary cardholder or authorized users).

Transfer difficulties? Create a loop

If you have trouble transferring between accounts, some users have been able to combine points between their own accounts — like from Bob’s Ink Business Cash to Bob’s Sapphire Reserve — via secure message.
However, you may run into an issue if you try to connect more than one of your cards to a single card that belongs to someone else. Chase allows you to combine/transfer to someone else who lives in your household (or a co-owner of your business for business cards), but I’ve had complications with this from time to time.
For example, let’s say that Joe and Suzy live in the same household and are joint owners of a business and have the following accounts:

Joe first combines points from his Freedom Unlimited to Suzy’s Sapphire Reserve. Later, he logs into his Ink Business Cash account and tries to combine points with Suzy’s Sapphire Reserve. Joe may run into an error adding Suzy’s Sapphire Reserve card to combine points. This has happened in our household several times. In that case, Joe should log into his Freedom Unlimited account and remove Suzy as a household member (click “remove saved card). About 24 hours later, he should be able to add Suzy to his Ink Business Cash in order to combine his points to her account.
The easy solution I’ve found is to create a loop. In the example scenario they should transfer like this:
Joe’s Freedom Unlimited —> Joe’s Ink Business Cash —> Suzy’s Sapphire Reserve —> Joe’s Freedom Unlimited
Creating a loop chain has solved that problem in my household. As noted, it took 24 hours after removing accounts to re-add them to other cards, so be aware of that limitation.

How to Keep Points Alive

Thankfully, it is very easy to keep Chase Ultimate Rewards points alive: simply keep the points in an open Ultimate Rewards account and they will not expire. Note that if you close an Ultimate Rewards card, you will lose any points associated with that card. You should first combine points to move points away from the card you intend to close and to another card that will remain open as per the sharing section above before canceling. See: My 90,000 point Ultimate Rewards mistake. See also: A checklist for cancelling credit cards.

Chase Ink Business Preferred Lifecycle

How to meet minimum spend requirements

Once you are approved for a Chase card, you have three months to meet the required spend in order to get the signup bonus.  Technically, you’re not supposed to use business credit cards for personal purchases, but it is quite common to do so. If you feel comfortable with it, use the new card for all of your usual spend.
If your usual spend isn’t enough, consider using the Plastiq bill pay service to use your card to pay bills that can’t usually be paid by credit card (rent, mortgage, contractors, etc.).  Click here to find many more options for increasing credit card spend.

Keep, cancel, or product change?

Is this card worth keeping in the long run?  If you get a lot of value from the card’s 3X send categories, then it probably is worth it.  Otherwise, consider product changing to the no-fee Ink Business Cash (for its 5X categories), of the no-fee Ink Business Unlimited (to earn 1.5X for all spend).

Given that it’s possible to switch to a fee-free card, there’s little reason to outright cancel this one.  If you decide to cancel anyway, make sure to first redeem any remaining points or move them to another Ultimate Rewards card.

Related Cards

Ultimate Rewards Business Cards

Card Offer and Details
Chase Ink Business Cash Credit Card
75K points
75K after $7.5K spend in 3 months

No Annual Fee

See: How to sign up for Chase Ink cards

Recent better offer: None. This is the best we've seen.

FM Mini Review: This one should be in everyone's wallet. Incredible signup bonus for a no-fee card. Great card for 5X categories. Excellent companion card to Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred.


Card Type: Visa Signature Business

Base
Dine
Gas
Phone
Office
Other

Earning rate: 5X office supplies ⚬ 5X cellular/landline/cable (on up to $25,000 in total purchases in 5x categories annually) ⚬ 2X gas and restaurants ⚬ 5X Lyft through March 2025

See also: Chase Ultimate Rewards Complete Guide

Chase Ink Business Preferred Card
100K points
100K after $15K spend in 3 months

$95 Annual Fee

See: How to sign up for Chase Ink cards

Recent better offer: 80K after $5K spend. Many preferred the 80K offer due to the much lower spend requirement

FM Mini Review: Great card for signup bonus and 3X categories. Also consider the fee-free Ink Business Cash for its 5X categories, and the fee-free Ink Business Unlimited to earn 1.5X everywhere.


Card Type: Visa Signature Business

Base
Travel
Phone
Biz
Other

Earning rate: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year) ⚬ 5X Lyft through March 2025

Noteworthy perks: ⚬ Points worth 25% more when redeemed for travel ⚬ Transfer points to airline & hotel partners ⚬ Cell phone protection against theft or damage

See also: Chase Ultimate Rewards Complete Guide

Chase Ink Business Unlimited
75K points
75K after $7.5K spend in 3 months

No Annual Fee

See: How to sign up for Chase Ink cards

Recent better offer: None. This is the best we've seen.

FM Mini Review: Great signup bonus for a fee-free card. Good option for earning 1.5X everywhere. Good companion card to Ink Business Preferred, Sapphire Reserve or Sapphire Preferred.


Card Type: Visa Signature Business

Base
Other

Earning rate: 1.5X on all purchases ⚬ 5X Lyft through through March 2025

See also: Chase Ultimate Rewards Complete Guide

Chase Ink Plus® Business Credit Card

Card Type: Visa Signature Business

Base
Travel
Gas
Phone
Office
Other

Earning rate: ⚬ 5X office supplies, 5X cellular/landline/cable ⚬ 2X gas and hotels ⚬ 5X Lyft through March 2025

Noteworthy perks: ⚬ Points worth 25% more when redeemed for travel ⚬ Transfer points to airline & hotel partners

See also: Chase Ultimate Rewards Complete Guide

Ultimate Rewards Consumer Cards

Card Offer and Details
Chase Freedom Flex
20K points + 5X gas + 15 months 0% APR
Earn 20,000 points (worth $200 cash back) after spending $500 in the first 3 months + 5x Ultimate Rewards points (worth 5% cash back) on gas purchases for 1st year (on up to $6K in purchases). 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.24% - 23.99%.

No Annual Fee

Be sure to select the card you want after clicking through. This card is subject to Chase's 5/24 rule (click here for details). Even though this card is marketed as a cash back card, it actually earns Ultimate Rewards points which are redeemable for 1 cent each, or can be combined with other Ultimate Rewards-earning cards to get even more value. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Recent better offer: 20K points + 5x grocery stores for the first year on up to $12K in qualifying purchases

FM Mini Review: Great for 5X and 3x categories and World Mastercard benefits. Excellent companion card to Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred.


Card Type: Mastercard World

Base
Dine
Shop
Other

Earning rate: 5x travel booked through Chase ⚬ 5X Lyft through March 2025 ⚬ 3x dining ⚬ 3x drugstores ⚬ 5X in rotating categories on up to $1,500 spend per quarter. 2022 Q2: 5x Amazon and select streaming services

Noteworthy perks: Free DashPass for up to 3 months upon activation ⚬ Cell phone protection ⚬ Lyft credits

See also: Chase Ultimate Rewards Complete Guide

Chase Freedom Unlimited
Extra 1.5x everywhere + 15 months 0% APR
Earn an extra 1.5x everywhere on up to $20K in purchases for the first 12 months. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.24% - 23.99%.

No Annual Fee

This card is subject to Chase's 5/24 rule (click here for details). Even though this card is marketed as a cash back card, it actually earns Ultimate Rewards points which are redeemable for 1 cent each, or can be combined with other Ultimate Rewards-earning cards to get even more value. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.

FM Mini Review: Great for 3x categories and 1.5X everywhere else. Excellent companion card to Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred.


Card Type: Visa Signature or Platinum

Base
Travel
Dine
Other

Earning rate: 5x travel booked through Chase ⚬ 5X Lyft through March 2025 ⚬ 3x dining ⚬ 3x drugstores ⚬ 1.5X everywhere else

Noteworthy perks: Free DashPass for up to 3 months upon activation

See also: Chase Ultimate Rewards Complete Guide

Chase Freedom Visa

FM Mini Review: Great for 5X categories. Good companion card to Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred.


Card Type: Visa Signature or Platinum

Base
Shop
Other

Earning rate: 5X Lyft through March 2025; 5X in rotating categories on up to $1,500 spend per quarter. 2022 Q2: 5x Amazon and select streaming services

Noteworthy perks: Free DashPass for up to 3 months upon activation

See also: Chase Ultimate Rewards Complete Guide

Chase Sapphire Preferred Card
80K Points
80K after $4K spend in 3 months

$95 Annual Fee

A similar offer with the first year annual fee waived may be found in-branch. YMMV.

Recent better offer: 100K after $4K in purchases in the first 3 months

FM Mini Review: Great signup bonus. Unlocks ability to transfer points to hotel & airline partners. Solid option to pair with fee-free Ultimate Rewards cards such as the Freedom cards, Ink Business Cash, and Ink Business Unlimited.


Card Type: Visa Signature

Base
Travel
Dine
Other

Earning rate: 5X Travel booked through Chase (2X all other travel) ⚬ 3X Dining ⚬ 3X Select streaming services ⚬ 3X Online grocery ⚬ 5X Lyft (through March 2025)

Noteworthy perks: Primary auto rental collision damage waiver ⚬ Free DashPass through 2025 ⚬ Transfer points to airline & hotel partners ⚬ 10% annual point bonus ⚬ $50 annual credit for hotel stays booked through Chase (Those who opened card before 8/15/21 will have to wait until next account anniversary for this perk)

See also: Sapphire Preferred 100K Q&A: Everything you need to know

Chase Sapphire Reserve Card
50K Points
50K after $4K spend in 3 months

$550 Annual Fee

FM Mini Review: Excellent all-around card for frequent traveler. Best when paired with no-fee Chase Freedom Flex, no-fee Freedom Unlimited & no-fee Chase Ink Cash


Card Type: Visa Infinite

Base
Travel
Dine
Other

Earning rate: 10X hotels & car rentals booked through Chase ⚬ 10X Chase Dining ⚬ 5X flights booked through Chase ⚬ 3X Travel and Dining ⚬ 10X Lyft (through March 2025)

Noteworthy perks: $300 Annual Travel Credit ⚬ Points worth 1.5 cents each towards travel or Pay Yourself Back ⚬ Transfer points to airline & hotel partners ⚬ Primary auto rental collision damage waiver ⚬ Priority Pass Select lounge access ⚬ $100 Global Entry fee credit ⚬ $5 monthly DoorDash in-app credit through December 2024 ⚬ Free DashPass through 2025 ⚬ Earn 10X on Lyft spend

See also: Chase Ultimate Rewards Complete Guide

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kayexalate

Myself (P1) opened this card (for the 2nd time–first time was a couple years ago and I product changed to no fee ink card). my AF is due in a month. P2 opened this card earlier this year (also her 2nd one–first time also a couple years ago and product changed). we’re sitting on a good stash of UR points (some in mine, some in hers with ability to move back and forth). Is it worth it for me to renew my card and pay the AF? I have no other premiere card in order to redeem my UR as miles if I downgrade this card. Of course I can just move my points to P2 account and have her redeem my UR putting it into her mileage accounts or I can open myself an AU account under her current Ink so I can redeem UR points under my mileage accounts. She will be in the same situation next Jan 2023 when her AF is due. obviously we’ll need to keep one premiere account open to redeem miles somehow.

BTW, what do you do when you churn these cards and keep downgrading to the NF Ink cards? I already have several “duplicate” Ink NF Business cards that are redundant. just keep them open? Keep one of each class of Ink card open and close the duplicates?

Just not sure if closing my account then opening an AU account under my wifes biz ink (which I presume doesn’t count toward 5/24 since it’s business) would set off some flags with chase as gaming the system. Not sure if it’s better to just take the $95 hit to keep the card open. I’m just finishing up doing my Chase Aeroplan and will likely need to renew that card next year with another $95 AF because I’m not sure I can use up those certs within the next year before the AF hits.

Last edited 2 months ago by kayexalate
Ben

I filed for a Chase business card, and it is in some process as they ask me some clarification.
However, the automatic response number  (888) 338-2586 is not aware of any application under my SSN.
Is that “normal”?

Aaron

Using “1” as the “number of employees” for a card where you sign up as yourself (presumably as a Sole Proprietorship) is almost certainly not correct. An employee means you have a EIN, pay wages, pay FICA, and all those other things which are independent of whether or not it is the owner or not. So if you own the company AND you are an employee of that company (those things are NOT dependent on each other) then put 1, else put 0.

Jenny

Hi! I have the old Ink Business Plus card (5x at office supply stores). Can I apply for the Ink Business Preferred card and get the 100k bonus w/o cancelling my Ink Business Plus? Thank you!

Jenny

My husband and I have Ink Business Plus cards for years, now I just started my own business, wonder if I can qualify for this sign up bonus if I use my business to apply for this Ink Business Preferred card. Any thoughts?

[…] Ink Business Preferred […]

[…] my case, we have long paid our cell phone bill with my wife’s Chase Ink Business Preferred card. That card only offers 3x points for our cell phone bill (my no-longer-available Ink Plus card […]

[…] Plus card has the highest value of all personal cards, while only the 100,000 point offer on the Chase Ink Business Preferred card has a higher first year value on any […]

Jan W

Hi Nick. Do you remember when it went up to 100,000 for $15K spend and/or have any idea when it might change (based on history)? MS is not strong where I live and $15K is probably above me. Wondering if I should wait for a reduced spend offer or apply for the $500 cashback on the Ink Business Unlimited (already have Ink Cash and Ink Business Plus). Thanks, and happy new baby!!

[…] to move points to airline and hotel partners.  That said, many would be better off with either the Chase Ink Business Preferred or the Chase Sapphire Reserve, both of which would serve the same function.  The Sapphire Reserve […]

The terms state: “Chase cardmembers who currently have or have had a Chase credit card in any Rewards Program associated with this offer, may not be eligible for a second Chase credit card in the same Rewards Program. Chase cardmembers currently receiving promotional pricing, or Chase cardmembers with a history of only using their current or prior Chase card for promotional pricing offers, are not eligible for a second Chase credit card with promotional pricing.”

Does that mean that anyone who has, or has ever had, an Ultimate Rewards card “may not be eligible”?

Jay

Thank you for the reply.

kayexelate

Approaching My 1 year anniv ($95 AF) with the ink business preferred. Plan on downgrading/product changing. Any recommendations on a fee free card I should product change to? I also just opened up a sapphire preferred personal card. For my UR that are currently tied to my business ink card, do I need to “transfer” those to the sapphire preferred card, or will they “transfer” to whatever card I product change my ink business card to? When I spoke to chase, they said I can product change my ink business card to : “business unlimited card” or “business cash card”. it wasn’t clear to me which is better. I presume any signup bonus associated with either of these cards I will NOT receive if I do a product change

Last edited 1 year ago by kayexelate
Nick Reyes

Yup, those are your options and both earn Ultimate Rewards points and no you don’t need to move your points before downgrading — you’ll keep those points and be able to move them to your Sapphire Preferred the same as you do today. You can find details of both cards under the “related cards” section right here on this page, but to summarize:

Chase Ink Business Cash = 5x office supply stores and cell / landline / cable on up to $25K in purchases per year. 2x gas and restaurants.

Chase Ink Business Unlimited = 1.5x everywhere (basically the same thing as the Freedom Unlimited card, though there were some enhancements to the Freedom Unlimited announced today that will now make that card better than the business version).

As to which is better, there isn’t a clear answer. Both are excellent no-fee cards. If you spend a lot at office supply stores, the Chase Ink Cash card is a clear winner (This is what makes those fee-free Visa Gift Card deals at Staples and Office Max so popular — this week you can buy up to five $200 cards per day with no activation fee. That’s $1K in spend that produces 5K Ultimate Rewards points). That bonus category is capped at $25K in spend per year, but that’s potentially 125K points per year at 5x. I’d also say to go with an Ink Cash if you already have a Freedom Unlimited since the Freedom Unlimited offers the same 1.5x everywhere and will soon offer additional bonus categories.

On the other hand, if you don’t have a Freedom Unlimited and don’t intend to open one, and if you’re not interested in the 5x earning at office supply stores, getting the 1.5x everywhere on the Ink Business Unlimited would make for a good “everywhere else” option.

Hope that helps. Let me know if you have any other questions.

kayexelate

Thanks Nick. I assume the signup bonuses offered on both those cards (50K after $3K spend in 3 months) will NOT be eligible to individuals who are product changing.

Assuming NO, then will I never be eligible for those signup bonuses because I’m already a holder of that card? Or does a product change not register in chase system as having previously applied. (e.g. do i need to eventually cancel and then wait 12-24 mos before applying to get the signup bonus in the future)?

Nick Reyes

1) Correct that you get no new cardmember bonus when you’re product changing. You need to apply to get the new account offer.

2) You’re confusing Chase and Amex. Amex has the lifetime rule. Chase personal cards typically lock you out of a bonus for 24 months after receiving a new cardmember bonus (not 24 months from having the card – 24 months from getting the bonus). The same rule doesn’t apply on the business side. It is possible to apply new for an Ink card that you currently have, especially if you have a second business.

See this post for more: https://frequentmiler.com/how-to-sign-up-for-chase-ink-cards/

Kayexelate

If I miss out on the sign up bonus, then I wonder whether it’s worth it to product change at all, or just cancel the ink card? I’m at 3/24 now so have room for a couple more cards. Chase UR seems like a good flexible currency for the airlines I like and since I already have the ink business preferred and the sapphire preferred, seems like getting both the cards(Ink business cash, ink business unlimited) to round out my 5/24 would be a good choice and net me 50k+50k UR points (the sapphire reserve isn’t worth the $550 AF to me).

question is, how hard is it now to get a business card with chase? my spouse tried for the ink business preferred a couple a mos ago and was denied (despite having been approved for the same card 2ya). If my chances are slim, then I can product change to one of these cards and apply for a consumer UR card, which at this time seems like the Freedom Unlimited is the best bet (albeit a “low” offer of 20k UR (vs the 50k for the above biz cards).

Last edited 1 year ago by Kayexelate
Nick Reyes

Very hard to get a Chase business card in the current environment.

I’d product change it and either get one of the Freedom cards (keep in mind that the Freedom Unlimited offers 5x at grocery stores on up to $12K in the first year, so the total bonus is worth more than just the 20K after $500 spend if you intend to use the card on groceries).

The long-term play would be to open another Chase Ink Business Preferred if you can swing the spending requirement ($15K) given that the welcome bonus on that is 100K vs 50K on the other two Ink cards.

Downgrading won’t lock you out of anything. I wouldn’t cancel.

Nick Reyes

To clarify, I’d product change the Ink Business Preferred to a Chase Ink Cash or Ink Unlimited and then either apply for a Freedom Unlimited or the soon-to-launch Freedom Flex and then look to apply for a new Chase Ink Business Preferred if the world returns to normalish in six or nine months.

Kayexelate

Thanks Nick. Appreciate your fast replies and your wealth of knowledge! Especially since I know you’re up late.

[…] husband picked up the $95 per year Chase Ink Business Preferred card early this year.  This card consistently offers one of the best welcome bonuses around, but its […]

Edward Stoiber

Hi there… I have been a fan for many years. I think it is important to point out that Chase has become a lot more strict with their Ink approvals. I have been a long time customer of Chase and I applied for an Ink Preferred card and was declined because I put sales of only $25k and 1 year in business. The reconsideration line would not budge, and they kept saying the reason was due to lack of business history and insufficient sales. This was a sole prop application and my 15 history with Chase is impeccable to go along with my 828 credit score. I only have 2 apps over past 2 years so 5/24 rule a non issue.. Obviously this was disappointing.

I then spoke to my friend who is a banker at Chase and he said he would’ve been shocked if I got an approval since they are becoming way more strict now with Ink cards. He said that with the pandemic and uncertainty of small businesses they are cracking down a lot. Just thought you should know… Thanks!

[…] Among the hotel chains, Hyatt is the one that most often offers great point value for award stays.  And I know that many readers have plenty of Hyatt points since they can transfer 1 to 1 from Chase points if they have the Chase Sapphire Reserve, Sapphire Preferred, Ink Plus, or Ink Business Preferred card. […]

[…] a premium Ultimate Rewards card (Sapphire Preferred, Ink Business Preferred), points are worth 1.25 cents each for travel booked through the Chase Ultimate Rewards portal.  […]

[…] the public offer and referral offer as an alternate offer on our card pages when available (see the Chase Ink Business Preferred for […]

[…] I write this, the overall best credit card offer is for the Chase Ink Business Preferred Card.  The current offer is for 100,000 points (worth at least $1,000), but it requires massive spend: […]

kayexelate

If my spouse and i are churning the Chase Business Ink Preferred card by referring each other every year, do you recommend using a different business name each time each of us applies? for example, I applied first 2 years ago, got the SUB (“Business 1”) , then referred my spouse who got the SUB (“business A”) and I got the referral bonus. I closed my card. She then referred me, got the referral bonus and then closed her card. I am currently on my second card (“Business 2”). Before my AF is due, I will refer her again to get the referral bonus and she’ll get another SUB.

Is it a problem using the same business name on these cards each time we sign up? Can she use “Business A” again or should she choose something different altogether. And then next year when she refers me, should I be doing “Business 3” or can I go back to using “Business 1” or “Business 2”

Also want to know if chase has issues with people referring each other back and forth to get the referral bonus. So far it hasn’t been a problem, but I’ve only done it 2x.

[…] Chase Ink Business Preferred Card […]

[…] Chase Ink Business Preferred (Joe) […]

[…] Chase Ink Business Preferred Card […]

[…] towards our card pages becoming complete guides.  So far, we have complete guides in place for the Chase Ink Business Preferred, Chase Ink Business Unlimited Card and the Chase Ink Business Cash Card.  We hope to round this […]

[…] old Ink Plus) cards have been earning 5x at Gyft when you check out via PayPal. No bonus for the Ink Business Preferred to my knowledge (different bonus categories on that card). Update: Gyft no longer appears to code […]

[…] to spend?  Ultimately we decided to base the answer on the total standard signup bonus for the Chase Ink Business Preferred card: 80K Ultimate Rewards Points.  With 80K Ultimate Rewards points, one could cash out 40K points for […]

kayexelate

If I have the chase business ink preferred, can I change products to another type of chase card and receive that card’s sign up bonus?

[…] that someone in your household has a premium Ultimate Rewards card: Chase Sapphire Preferred or Chase Ink Business Preferred.  First move (combine) points from your Ink Business Cash card to one of these premium cards. […]

[…] categories appear to be competing with the Chase Ink Business Preferred Card which offers “only” 3X for the following categories: travel, shipping, internet, cable, […]

[…] Chase Ink Business Preferred: 80K points after $5K spend […]

[…] to Hyatt provided you have a premium Chase card (like the Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred). That said, if you are working on meeting the $15K annual spend for a free night on the World of […]

[…] Chase Ink Business Preferred Card earns 3 Ultimate Rewards points per dollar for travel, shipping, internet, cable, phone, and […]

[…] Chase Ink Business Preferred […]

[…] new Citi Prestige may be just good enough to convince me to replace the Sapphire Reserve with the $95 Chase Ink Business Preferred (which also offers 3X for travel).  Look for more about this topic in a future […]

[…] those points as Ultimate Rewards, you’ll need to have a premium (Chase Sapphire Preferred or Ink Business Preferred) or ultra-premium (Chase Sapphire Reserve) card. Thankfully, it’s easy to move your points […]

Mike A

“you CAN get the bonus on this card again even if you still have the same card open and/or received the bonus within 24 months.”

Is this verified? The terms on the application page state explicitly:

“I understand that any new cardmember bonus offers for this product are not available to either current or previous cardmembers of this product who received a new cardmember bonus for this product in the last 24 months.”

[…] partners with Chase Ultimate Rewards, I could alternatively use cards like the Chase Ink Cash or Ink Business Preferred or the CSR to generate points in bonus categories that are greater than 2x. But here’s the […]

[…] Chase Ink Business Preferred ($95/year) 1X base; 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year). Note that for an unknown reason, Plastiq payments give 3X. […]

[…] transfer partners via any of the premium Chase cards (Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred) makes it an incredible deal in my […]

[…] Chase Ink Business Preferred: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year) […]

[…] points to a premium card (Sapphire Preferred, or Ink Business Preferred, for example) and purchase travel through the Chase Ultimate Rewards travel site (1.25 cents per […]

[…] to open this card. If you are not over 5/24 and you have a small business, you might consider the Ink Business Preferred as that card comes with an 80K point sign up bonus (albeit with a greater minimum spend). Those […]

[…] cards that do this include Chase Sapphire Reserve (1.5 cents per point), Sapphire Preferred and Ink Business Preferred (1.25 cents per point), Citi Premier (1.25 cents per point), and US Bank’s Altitude Reserve […]

[…] codes (I’ve done this with previous deals). As Doctor of Credit mentions, paying with an Ink Business Preferred is a good move […]

[…] Chase Ink Business Preferred Card earns 3 Ultimate Rewards points per dollar for travel, shipping, internet, cable, phone, and […]

[…] Ink Plus cards. According to at least one report I’ve read, they may also code as 3X on the Ink Business Preferred, but […]

[…] Chase Ink Business Preferred: 80K points after $5K spend […]

[…] Chase Ink Business Preferred Card has, by some measures, the best current signup bonus available today (80K valuable Ultimate Rewards […]

[…] Chase Ink Business Preferred […]

[…] Chase Ink Business Preferred: 80K after $5K spend […]

[…] To Bypass Chase 5/24.”  I was intrigued.  I wanted to get Chase’s new Ink card: the Ink Business Preferred for it’s 80K signup bonus and 3X categories, but I was way over 5/24 (Chase won’t […]

kayexelate

How long will the Business Ink 80k offer be around for?

I want to apply for that AND the Citi® Platinum Select AAdvantage® World MasterCard which seems to be a limited time offer for 60k.

I was leaning toward applying for the Citi® Platinum Select AAdvantage® World MasterCard first since that offer may go away for the 60k bonus, but not sure if the Business Ink 80k will disappear too.

[…] supply stores.  Recently Chase discontinued the similar Ink Plus Business Card in favor of the new Ink Business Preferred Card (which has 3X categories), so it seems likely that they’ll eventually do the same to this […]

CW

Has anyone used the cell phone insurance? I’m curious about the “you and your employees listed on the bill” language. Does that mean if my kid’s phone is on the account it won’t be covered? what do we need to do to prove someone is an employee?

Nick Reyes

I haven’t ever used the insurance. I believe the language you’re referring to means that the person would need to be an authorized user (employee) on your Ink card.

[…] Chase Ink Business Preferred: 80K points after $5K spend […]

[…] Chase Ink Business Preferred Card: 100K signup bonus after $5K spend in 3 months (the public offer is currently 80K after $5K spend).  $95 annual fee is not waived in either case. […]

[…] Chase Ink Business Preferred: 80K after $5K spend ($95 annual fee waived if you sign up in branch) […]

[…] #3: Chase Ink Business Preferred Card […]

[…] #2: Chase Ink Business Preferred Card […]

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[…] per dollar for all spend. Pair with a premium card (e.g. Sapphire Reserve, Sapphire Preferred, Ink Business Preferred, etc.) to transfer points to several airline or hotel […]

[…] First, Chase released two new and very attractive cards: the Sapphire Reserve card and the Ink Business Preferred card, Then, they promised to release more new cards.  Soon thereafter, those with Chase Private Client […]

[…] from premium Chase Ultimate Rewards cards including Sapphire Reserve, Sapphire Preferred, and Ink Business Preferred.  If you have points in a no-fee card, you can move those points first to a premium card account […]