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

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

Million Mile SecretsApply Now for 80,000 Points With the Chase Ink Business Preferred!Million Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

The Chase Ink Business Preferred Card is our #1 pick for the best business credit card.  And there are plenty of reasons why!

With the Ink Business Preferred, you can earn 80,000 Chase Ultimate Rewards points (worth $1,000+ in travel) 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!

You can apply for the Ink Business Preferred here.

We’ll share all the perks of this card.  And help you decide if you should apply for the Ink Business Preferred.

 The Chase Ink Business Preferred Is Worth $1,000+ in Travel

Apply Here:   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 NOT waived the first year.

Team members Keith, Meghan, and Jasmin all have the Ink Business Preferred.  You can read about how Keith has saved a ton of cash with the Ink Business Preferred’s cell phone insurance!

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

We 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 in travel booked through the Chase Travel Portal, because each point is worth 1.25 cents when you book this way.

This is a great way to plan a trip without thinking about blackout dates!

JetBlue Mint
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 partners.

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


For example, you can get:

  • $1,000+ worth of Southwest flights (or nearly double if you have the Southwest Companion Pass)
  • 4 free nights at a Category 5 Hyatt hotel like the Andaz Napa
  • 3 one-way United Airlines Business Class flights from New York to Los Angeles
  • 1 free night at a top category Ritz-Carlton hotel like The Ritz-Carlton, New York Central Park
  • Round-trip coach award flight to Europe with Flying Blue Promo Rewards

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.

Do You Drive for Uber? You Might Qualify for the 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 Welcome 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 Ultimate Rewards Travel Portal.

And the intro bonus can be worth even more when you transfer your Chase Ultimate Rewards points to airline and hotel transfer partners.

Even with the $95 annual fee, the card is still an excellent choice.  Because the rewards you’ll earn with the welcome bonus, broad 3X spending bonus category, and valuable perks can more than offset the annual fee!

3.   No 5X Bonus Spending Category

The Ink Business Preferred replaced the (no longer available) Chase Ink Plus, which had a 5X bonus category.

However, the no-annual-fee Ink Business Cash℠ Credit Card offers 5% cash back (5X Chase Ultimate Rewards points) on the first $25,000 spent in combined purchases at office supply stores and on phone, internet, and cable TV services each account anniversary year.

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

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

4.   Tougher Chase Application Rules

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

So if you’ve opened 5+ cards from any bank (except certain 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 how you can check to see how many cards you’ve opened.  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 consider small business cards from other banks, like The Business Platinum® Card from American Express OPEN, which currently offers up to 75,000 AMEX Membership Rewards points after meeting tiered minimum spending requirements.

Bottom Line

The Chase Ink Business Preferred card has the highest welcome bonus we’ve seen on a Chase small business credit card!

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 of opening your account.

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

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

Is the Ink Business Preferred on your wish list?

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Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

More Info

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! :)

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Do you know if the welcome bonus for this card follows the same rule of 24 months that other Chase cards follow? I could not find it on the Ink Preferred terms detail overview, just had this: “Earn 80,000 Bonus Points
To qualify and receive your bonus, you must make Purchases totaling $5,000 or more during the first 3 months from account opening. (“Purchases” do not include balance transfers, cash advances, travelers checks, foreign currency, money orders, wire transfers or similar cash-like transactions, lottery tickets, casino gaming chips, race track wagers or similar betting transactions, any checks that access your account, interest, unauthorized or fraudulent charges, and fees of any kind, including an annual fee, if applicable.) After qualifying, please allow 6 to 8 weeks for bonus points to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.”

Thanks

Hi Daniel – from what I’ve seen, you should be eligible to earn the sign-up bonus again because the terms & conditions don’t include the 24 month language.

Thank you for the info, Keith. Yeah, I found it odd that this the only Chase card where is no 24-months bonus eligibility is not stated. I know some cards from Chase (Sapphire ones) are even going up to 48-months period.

I will try to apply and see how it goes.

Hello,

On Chase Ink Business Preferred application, I do not see where to enter my current MP number.

Does that mean that points are credited to Business MP account? If so, how can I transfer it to my personal MP account?

Thanks,

I have the Ink business plus now and have had it for years but would like the Business preferred mainly because of the sign up bonus. Should I call and cancel the first one and then apply for the preferred?

Great signup bonus. Love the 3x categories and cell phone protection. Chase shopping portal is a great way to get points for everyday shopping (doesn’t work 100% of the time). Will probably downgrade to the no fee Biz Cash card with similar benefits once I get the Sapphire (stuck above 5/24 . . . amateur mistake) to pair it with.

I love the cell phone protection. It was a little bit of a pain to get my claim paid (around a month and various phone calls and appeals) but was able to get a new phone after mine was lost.

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