Apply Now for 80,000 Points With the Chase Ink Business Preferred!

Disclosure: We get a commission for links on the blog. You don’t have to use our links, but we’re very grateful when you do. American Express, Barclaycard, Chase, and US Bank are Million Mile Secrets advertising partners. Opinions expressed here are the author's alone, and have not been reviewed, approved or endorsed by our partners. Here’s our Advertiser Disclosure.

The new Chase Ink Business Preferred card is now available!

You can earn 80,000 Chase Ultimate Rewards points after you spend $5,000 on purchases in the first 3 months after opening your account.

This is the highest public sign-up bonus I’ve seen for a Chase small business card.  And this card follows the recent launch of the 100,000-point Chase Sapphire Reserve card, which has seen overwhelming demand!

Ink Business Preferred Application

The Ink Business Preferred 80,000 Chase Ultimate Rewards Point Sign-Up Bonus Is Enough for 3 Free Nights at the Andaz Maui at Wailea Resort! Or Transfer Points to Other Fantastic Chase Travel Partners for Big Travel!

I’ll tell you about the perks of the new card.  And explain if you should submit an Ink Business Preferred application.

 Chase Ink Business Preferred Offer

Link:   Chase Ink Business Preferred

When you open the Chase Ink Business Preferred card, you’ll earn 80,000 Chase Ultimate Rewards points after you spend $5,000 on purchases in the first 3 months from account opening.  You’ll also get:

  • 3X Chase Ultimate Rewards points for every $1 you spend on travel, shipping purchases, internet, cable and phone services, advertising purchases made with social media sites, and search engines (up to a maximum of $150,000 in combined purchases per account anniversary year)
  • 1X Chase Ultimate Rewards points on all other purchases
  • Up to $600 in cell phone insurance when you pay your cell phone bill with the card
  • 25% bonus when you redeem points through the Chase Ultimate Rewards travel portal
  • Primary auto rental insurance (CDW) when renting for business purposes, plus purchase and extended warranty protection

The card has a $95 annual fee, which is waived for the first year when you apply in-branch.

What Can You Do With 80,000 Chase Ultimate Rewards Points?

Link:   Why Chase Ultimate Rewards Is My Favorite Points Program

I love Chase Ultimate Rewards points because they’re flexible and offer terrific redemption options.

For example, you can redeem 80,000 Chase Ultimate Rewards points from the Ink Business Preferred for $1,000 on travel booked through the Chase Travel Portal.  This is a great way to plan a trip without thinking about blackout dates!

Ink Business Preferred Application

Use the Chase Travel Portal to Book a JetBlue Mint Business Class Ticket Using Points From the Ink Business Preferred Card

But you can get even more for your points by transferring to Chase’s terrific airline and hotel transfer partners.

And if you already have other Chase Ultimate Rewards cards, you can combine your points to get even more value from your points!

Ink Business Preferred Application

Combine Points From Multiple Chase Ultimate Rewards Cards to Get Big Travel With Chase Travel Partners!

For example you can get:

Should You Complete the Ink Business Preferred Application?

Link:   How to Fill Out a Chase Business Credit Card Application

Before you apply for the Ink Business Preferred card, you’ll want to consider these 4 points.

1.   Small Business Requirement

You’ll need to have a small business to get the Ink Business Preferred card.

But you might qualify for a small business card without realizing it!

If you earn income for performing a service, or selling goods, you could have a small business.  This can include side jobs like driving for Uber or selling real estate.

Ink Business Preferred Application

Do You Drive for Uber? You Might Qualify for the New Chase Ink Business Preferred Card!

You do NOT need an EIN (Employer Identification Number) to apply for a small business credit card.  You can apply with just your Social Security Number.

Just be sure to tell the truth about your income and business when you fill-out the application!

2.   Valuable Sign-Up Bonus

The 80,000 Chase Ultimate Rewards points you’ll earn with the Ink Business Preferred card are worth $1,000 when you book travel through the Chase Travel Portal.

And the sign-up bonus can be worth even more with airline and hotel transfer partners.

Plus, when you apply in-branch, you won’t have to pay the $95 annual fee the first year.

Even with the $95 annual fee, the card can still be a good choice.  Because the rewards you’ll earn with the sign-up bonus and broad 3X spending bonus category can more than offset the annual fee!

3.   No 5X Bonus Spending Category

Other cards in the Chase Ink lineup like the Ink Plus (no longer available) and Ink Cash offer a 5X bonus categorywhich includes purchases at office supply stores and on cellular phone, landline, internet and cable TV service.

The Ink Business Preferred replaced the Ink Plus and no longer offers a 5X bonus category.

Ink Business Preferred Application

If You Want to Earn 5X Chase Ultimate Rewards Points at Office Supply Stores, You Might Consider the Ink Cash Card Instead of the Ink Business Preferred Card!

If you think you’ll spend more in the 5X bonus category, you might earn more rewards with the Ink Cash card.

4.   Tougher Chase Application Rules

The Ink Business Preferred card appears to be impacted by Chase’s tighter application rules.

So if you’ve opened 5+ cards from any bank (except these business cards) in the past 24 months, it’s unlikely you’ll be approved for this card.

If you’re not sure how long you’ve had certain cards, here’s an easy way to check your Chase 5/24 status.

And even if you have other Chase Ink cards, you can still apply for this new card because it’s considered a different card product!

If you can’t get approved for this new card because of the tougher rules, you can still consider other Chase travel cards, which are not impacted.

Or you can apply for the limited-time 100,000 point offer on the The Enhanced Business Platinum® Card from American Express OPEN.

Bottom Line

The new Chase Ink Business Preferred card has the highest sign-up bonus I’ve seen on a Chase small business credit card.

You can earn 80,000 Chase Ultimate Rewards points after you spend $5,000 on purchases in the first 3 months after opening your account.

If you qualify as a small business, this can be a great card.  Because the sign-up bonus is worth at least $1,000 when you redeem points through the Chase Travel Portal.  And it can be worth even more when you transfer to Chase airline and hotel transfer partners.

But before you apply for the card, consider Chase’s stricter application rules.

Will you apply for the new Ink Business Preferred card?

* If you liked this post, why don’t you join the 25,000+ readers who have signed-up to receive free blog posts via email (only 1 email per day!) or in an RSS reader …because then you’ll never miss another update!

Editorial Disclaimer: Neither the responses below nor the editorial content on this page are provided or commissioned by the bank advertisers, and have not been reviewed, approved or otherwise endorsed by the bank advertisers. Opinions expressed here are the author’s alone, not those of the bank advertisers. It is not the bank advertisers’ responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

8 responses to “Apply Now for 80,000 Points With the Chase Ink Business Preferred!

  1. Yes, more Chase points to add to my stockpile! Thank you for letting me know

  2. Do you know when this deal expires?

  3. I have the chase ink plus business card, will chase match the bonus point offer?

  4. I just called Chase to be sure that applying in branch would waive the $95 fee and I was told it does not. I’m still hoping that is incorrect but I don’t want to wait any longer to apply for this since I want to use it for purchases next week. So are you sure it would be waived? I am not currently a Chase banking customer but have other Chase cards.

    • I applied in branch the day it was released and the promotional materials they had in the branch showed it waived the first year. I have not seen it posted yet, so it should be waived.