Chase made waves earlier this year with the launch of the Sapphire Reserve credit card and it appears they are going to follow that up with a new Ink business card as well. Bloomberg is reporting that the bank will be launching the Ink Business Preferred card later this year.
Earn 80,000 Ultimate Rewards points after $5K spend in three months. $95 annual fee is waived the first year.
- 3X for the first $150,000 spent on travel, telecommunications, shipping and advertising on social-media and search engines.
- 1X on everyday spend
This news is breaking and there isn’t much else to report for now, but we will continue to cover this card as it gets closer to launch.