Why the Chase Ink Business Preferred Is the Best Card for Anyone Running a Multi Level Marketing Business (Hint: You’ll Earn Bonus Chase Ultimate Rewards!)
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My sister recently launched her Beautycounter business, selling non-toxic skincare and cosmetics items like lipsticks, sunscreen, mascara, and more. I also have a lot of friends and acquaintances on social media that operate similar side hustles through companies like Rodan + Fields, Arbonne, Beachbody, and Isagenix.
After talking with her about how the business works and seeing others’ posts on social media, I strongly suggested that she get the Ink Business Preferred Credit Card so she can start earning rewards for her business expenses. Businesses like these are built by selling through your social circles, and your success relies heavily on how much business you can solicit online through platforms like Facebook and Instagram.
That’s why it makes perfect sense to use the Ink Business Preferred card! Because in addition to the BIG sign-up bonus and tons of other great perks, you’ll earn 3X Chase Ultimate Rewards points for every $1 you spend on advertising purchases made with social media sites and search engines (up to $150,000 spent per account anniversary year in combined categories). The Ink Business Preferred can be the icing on top of your proverbial small business cake!
In my opinion, Chase Ultimate Rewards are the most valuable travel rewards you can earn. Their flexibility is just one of the reasons why so many of the best credit cards for travel are Chase Ultimate Rewards earning cards. And why the Chase Ink Business Preferred Card is our #1 pick for small business owners.
Most notably, with the 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.
This is the highest public welcome bonus we’ve seen for a Chase small business card, and the highest current bonus of any Chase Ultimate Rewards earning card!
Plus, 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. But the sign-up bonus alone is worth $1,000+ in travel booked through the Chase Travel Portal, because each point is worth 1.25 cents when you book this way. It’s a great way to plan a trip without thinking about blackout dates!
And you can get even more for your points by transferring to Chase’s terrific airline and hotel partners.
I just recently transferred Ultimate Rewards points to United Airlines to fly for free to visit my sister (see pic above!). My family of 3 easily saved $500+ per ticket by using only 25,000 United Airlines miles (75,000 miles total) for our award tickets.
Gift Ideas for Your Travel-Obsessed Friends and Family
Shameless plug alert! If you’re looking for gift ideas this holiday season, I can personally recommend the following Beautycounter products. They’re my “must-haves” for travel:
That’s seriously all you need! You can say goodbye to overweight baggage fees with this simple routine! (Ok – that’s a bit of a stretch, but you get the idea. 😉 )
This type of business isn’t my thing (I’m an introvert), but it sure seems to work for lots of people. Regardless of what type of side hustle you run, be sure you aren’t missing out on earning free travel for all of your expenses by using a small business card like the Ink Business Preferred!
Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)