Harlan: “What I’d Do With the Ink Business Preferred 80,000 Point Bonus”

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The Ink Business Preferred℠ Credit Card currently has the highest sign-up bonus of any Chase Ultimate Rewards card.  You can earn 80,000 Chase Ultimate Rewards points after meeting minimum spending requirements.

I’ve asked the Million Mile Secrets team how they’d use this fantastic bonus.  Here’s team member Harlan!

Harlan:   I’d love to be able to get the Chase Ink Business Preferred card.  But realistically, I’ll never fall below 5/24 to qualify for it.

I earn Chase Ultimate Rewards points with my other Chase cards, including the Chase Sapphire Reserve and Chase Freedom.  So I can imagine what I’d do with 80,000 valuable and flexible Chase Ultimate Rewards points!

I’ll share a few ways I’d use the Chase Ink Business Preferred sign-up bonus!

What WE Would Do With the Chase Ink Business Preferred 80,000 Point Bonus

• Keith
• Joseph
• Jasmin
• Harlan
• Meghan

One Sign-Up Bonus, Nearly Endless Travel Options

Chase Ultimate Rewards doesn’t have as many transfer partners as AMEX Membership Rewards or Citi ThankYou.  But I think they have the best transfer partners.

I’ve gotten amazing value from British Airways, Flying Blue, and Hyatt.  Although every travel partner presents a way to get Big Travel with Small Money.

Here are a few of my favorite ways to redeem Chase Ultimate Rewards points.

1.   Stay at the Hyatt Zilara Cancun

This January, I had 3 amazing free nights at the all-inclusive Hyatt Zilara Cancun.  Top-shelf drinks, unlimited meals and snacks, and lots of activities are included in the room rate!

         

Award nights here cost 25,000 Hyatt points per night.  To book a room with points, you must call Hyatt at 800-228-3360.  

Considering rooms here can cost $700+, you could easily save over $2,000 by using 75,000 Chase Ultimate Rewards points for 3 free nights!  And with the sign-up bonus from the Chase Ink Business Preferred, you’d have more than enough to cover the stay.

I loved the beautiful rooms, pristine beaches, and attentive staff here.  And would return in a heartbeat!

2.   18 Short Flights All Around the World

Here’s a secret: you can still book short one-way flights under 651 miles outside the US for only 4,500 British Airways Avios points.  This is one of my favorite ways to use Chase Ultimate Rewards points because it can add up to save you a LOT of money!

This is extremely useful for short but expensive flights, like:

• Between cities in Europe on Air Berlin, British Airways, or Finnair
• Sydney to Melbourne, or Auckland to Sydney, on Qantas during a trip around Australia
• Johannesburg to Cape Town when you visit South Africa
• Around South America on LATAM

Sometimes these flights can cost hundreds of dollars!  But I’ve been continually impressed how easy they are to book as award flights.

Be sure to see if you can get a cheap fare on a budget airline first.  For example, I flew from Paris to Madrid on EasyJet for only $64.  Save your points for expensive flights!

After you meet the minimum spending requirements on the Chase Ink Business Preferred, you’d have enough points for 18 short-haul flights around the world.  That can unlock some serious global exploration!

3.   Visit Hawaii!

Last year, I flew with my family to Honolulu for an unforgettable vacation.  It was the first time I traveled with my brother.  I booked his ticket with Flying Blue miles.

You can book one-way coach flights from anywhere in the US for 15,000 Flying Blue miles.  So you and a friend or partner could fly there for 60,000 Flying Blue miles round-trip.  And you’d still have enough Chase Ultimate Rewards points for a free night at the Hyatt Regency Waikiki Beach Resort and Spa, where award nights cost 20,000 Hyatt points per night.  Tempting, isn’t it? 😉

I found flights in January from Dallas to Honolulu for ~$764.  And a night at the Hyatt Regency Waikiki Beach Resort and Spa in January costs ~$355 with taxes and fees.

Two flights and a hotel night would cost ~$1,883 ($764 x 2 + $355).  So the sign-up bonus on the Chase Ink Business Preferred can easily be worth nearly $2,000 (or more!), depending how you use it.  That can go a long way toward Big Travel with Small Money!

As a side note, I didn’t spend a long time searching for these examples – maybe a few minutes at most.  Once you get used to searching through the sites, it’s simple to piece together a trip.  I recommend finding one or two ways you like to use Chase Ultimate Rewards points.  Because you can always learn new tricks later! 🙂

Chase Ink Business Preferred Offer

Link:   Chase Ink Business Preferred

Link:   Review of the 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 NOT waived the first year.

The Ink Business Preferred card is impacted by Chase’s tighter application rules.

So if you’ve opened 5+ cards from any bank (NOT counting Chase business cards and these other business cards) in the past 24 months, it’s unlikely you’ll be approved for this card.

Bottom Line

With the Chase Ink Business Preferred, 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.

Team member Harlan will never be under the Chase 5/24 rule to open this card (and yes, he’s sad about it).  But he loves using Chase Ultimate Rewards points because of the fantastic travel partners and how flexible they are!

He would use the points he’d earn from the sign-up bonus and minimum spending requirement to:

• Stay 3 free nights at the incredible all-inclusive Hyatt Zilara Cancun
• Get up to 18 short-haul award flights around the world using British Airways Avios points
• Fly with a friend to Hawaii with Flying Blue miles and have enough left over for an award night at the Hyatt Regency Waikiki Beach Resort and Spa

All of these options present savings of around $2,000.  And, they’re very simple to find!  In the end, the best award you can book is the one that makes you happy!

How would you use 80,000 Chase Ultimate Rewards points?