The Chase Ink Business Preferred card is a valuable credit card to have for the many travel and other benefits. The current bonus on the Chase Ink Business Preferred card is 80,000 Ultimate Rewards points, which is worth approx. $1600 in travel and other benefits. The Chase Ink Business Preferred card 80,000 points bonus is available if you have any form of a small business and are under the Chase 5/24 rule. Check out the bonus details and our review of the Chase Ink Business Preferred card.
Chase Ink Business Preferred Card 80,000 Points Bonus & Review
The Chase Ink Business Preferred card would be a valuable addition to your wallet. Besides offering a generous 80,000 points bonus, there are other valuable benefits. Such as Trip cancellation/ Trip Interruption Insurance, Auto Rental Collision Damage Waiver, and Cell Phone Protection: Up to $600 for theft or damage.
Plus the Chase Ink Business Preferred card gives you the ability to earn 3x points per dollar in categories such as travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines.
Here are the details and beneifts of the Chase Ink Business Preferred card and our review:
Chase Ink Business Preferred Card
Signup Bonus: 80,000 Ultimate Rewards Points (worth $1600 in travel rewards)
Spend Requirement: $5000 in the first 3 months
Annual Fee: $95 (not waived)
Other Benefits: 3x on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year
No foreign transaction fees
Trip cancellation/ Trip Interruption Insurance
Auto Rental Collision Damage Waiver
Cell Phone Protection: Up to $600 for theft or damage
1:1 Points Transfer to Airline Travel Partners:
- British Airways Executive Club
- Flying Blue AIR FRANCE KLM
- Korean Air SKYPASS
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
Hotel Travel Partners:
- IHG Rewards Club
- Marriott Rewards
- The Ritz-Carlton Rewards
- World of Hyatt
Chase 5/24 Rule: Yes
Recommendation: Obviously 80,000 Ultimate Rewards points is a great signup bonus. The 80,000 point bonus is worth approx. $1600+ in travel and other benefits. One of the reason Chase Ultimate Rewards points are very valuable is that they are very flexible in how you can use them. This is because of the many airline and hotel partners that you can transfer your points to at a 1:1 rate.
If you are not over the Chase 5/24 rule and you have any form of small business, then this would be a great credit card to get. As long as you can meet the $5000 spend requirement in the first 3 months. You do not need to have a federal EIN number for your business, and it can be a sole proprietorship. But your business will most likely need to be registered in your state as a DBA business.
If you are over the Chase 5/24 rule, then there is still a chance you can get approved. If you have a Chase business checking account and a relationship with a Chase branch, then there is a chance you can get pre-approved for the Chase Ink Business Preferred card. This will bypass the Chase 5/24 rule. It would help if you have a relationship with the Chase branch. It wouldn't hurt either if you have a personal checking or other account there also.
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Happy traveling !