Chase Ink Business Preferred Review: 100,000 Points With a $95 Annual Fee

In this article

1. Chase Ink Business Preferred: 100,000-point welcome offer
2. Points earning on routine business purchases
3. How to use points with the Ink Business Preferred
4. Airline transfer partners
5. Hotel transfer partners
6. Additional card benefits
7. Chase’s 5/24 rule
8. Annual fee
9. Who may qualify for a business card
10. The Pundit’s view
11. Credit card offers

Disclosure: The Points Pundit receives no compensation from credit card affiliate partnerships. This article is provided for informational purposes only and does not constitute personal finance, legal, health, or investment advice. Please consult a licensed professional for guidance specific to your situation.

The Chase Ink Business Preferred remains a favorite for many small-business owners because it can help you accumulate Chase Ultimate Rewards points quickly on everyday business spending. It is currently available with a limited-time welcome bonus of 100,000 Chase Ultimate Rewards points. Here’s a closer look at the card, its features, and how it can fit into a travel rewards strategy.

Chase Ink Business Preferred: 100,000-point welcome offer

You can earn 100,000 Ultimate Rewards points after spending $8,000 within the first three months after approval. Chase Ultimate Rewards points are highly flexible: you can redeem them at 1 cent each or transfer them to Chase airline and hotel partners.

At a value of 1 cent per point, the bonus is worth $1,000. If you redeem them strategically at 2 cents per point, that same bonus could be worth $2,000.

I strongly believe in applying for and keeping credit cards for more than just the sign-up bonus. The Chase Ink Business Preferred does both well.

Beyond the welcome offer, the card also includes strong bonus categories that can help you collect thousands of Ultimate Rewards points over time.

Points earning on routine business purchases

With the Chase Ink Business Preferred, you earn 3 Ultimate Rewards points per dollar in these categories:

• Travel
• Shipping
• Internet, cable, and phone services
• Advertising purchases made with social media platforms and search engines

Even if you are not traveling, you can still earn points by charging your monthly cable, phone, and internet bills to the card.

If your combined monthly spending in these categories is about $200, you could earn 7,200 Ultimate Rewards points each year from those bills alone.

How to use points with the Ink Business Preferred

You have a couple of valuable redemption choices.

You can book travel through Chase’s portal and redeem points at a value of at least 1 cent per point. At that rate, a full 100,000-point bonus would be worth $1,000 in travel.

You can also transfer Chase points to travel partners at a 1:1 ratio.

Airline partners

• Aer Lingus AerClub
• Air Canada Aeroplan
• British Airways Executive Club
• Air France-KLM Flying Blue
• Iberia Plus
• JetBlue TrueBlue
• Singapore Airlines KrisFlyer
• Southwest Airlines Rapid Rewards
• United MileagePlus
• Virgin Atlantic Flying Club

Hotel partners

• IHG Rewards Club
• Marriott Bonvoy
• World of Hyatt (4:3 ratio)

Additional card benefits

The card also includes perks such as purchase protection, extended warranty protection, car rental insurance, roadside assistance, and trip delay and trip cancellation coverage.

Those added benefits can be useful when needed, depending on the card’s coverage terms and exclusions.

Chase’s 5/24 rule

This card is subject to Chase’s 5/24 rule. In general, Chase will not approve an application if you have opened five or more personal credit cards across all issuers in the previous 24 months.

Because the Ink Business Preferred is a business credit card, it generally does not appear on your personal credit report after approval and therefore usually does not add to your 5/24 count.

Annual fee

The card carries a $95 annual fee.

Charging monthly cable, internet, and phone bills to the card can help offset that fee through the points you earn. How much value you recover depends on your spending and how you redeem the points.

Who may qualify for a business card

You do not need to run a large company to apply. If you do consulting work or operate a side business, you may be able to apply as a sole proprietor.

Before applying, make sure every detail you provide about yourself and your business is truthful and accurate.

The Pundit’s view

For anyone who wants to play the miles-and-points game over the long haul, the Chase Ink Business Preferred is a compelling choice. It pairs a generous 100,000-point welcome bonus with useful earning categories that can keep delivering value after the initial bonus is gone.

I have also gotten strong value by transferring Chase points to travel partners. Some of my favorite redemptions include moving points to World of Hyatt for all-inclusive resort stays and to Singapore Airlines for business class to India and around Asia.

If the bonus categories match your business spending, this card could be a useful part of your travel rewards plan.

If you want a more premium option, the Chase Sapphire Reserve for Business credit card is currently offering a large welcome bonus of 200,000 Chase Ultimate Rewards points.