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The Ink Business Preferred® Credit Card currently offers a massive 100,000 points to new cardmembers, the biggest bonus we’ve ever seen on this card. This welcome bonus is worth $1,000 when you redeem your points for cash or $1,250 when you redeem your points through Chase Travel.
Here are the details.
Ink Business Preferred® Credit Card offer: 100,000 bonus points after $8,000 of spending in 3 months. (Annual fee: $95)
bonus_miles_full (Get this welcome bonus.)
Largest welcome offer available on an Ultimate Rewards® card. Rewards are earned as Chase Ultimate Rewards® points
Travel insurance for employees. Point transfers to partners. 25% more value for redemptions through Chase Travel℠.
This is an affiliate link.
About the Ink Business Preferred® Credit Card
The Ink Business Preferred® Credit Card offers small business owners rewards on business category purchases like travel, shipping, internet services, and advertising, plus essential protections like extended warranty and primary auto rental collision damage waiver insurance when renting for work. The card carries an annual fee of $95.
The card earns three points per dollar on the first $150,000 in combined purchases in its bonus categories, which include:
- Shipping purchases
- Internet, cable and phone services
- Advertising purchases with social media sites and search engines
- Travel
Purchases beyond $150,000 in these categories and all other purchases earn one point per dollar. Rewards are earned as Ultimate Rewards points, which can be transferred to one of Chase’s 15 travel transfer partners.
The Ink Business Preferred comes with a robust set of travel and insurance benefits which, while not as generous as the Chase Sapphire Preferred, do cover the essentials. The card includes primary auto rental collision damage waiver when renting for business, baggage delay protection, and trip delay reimbursement as well as purchase protection and extended warranty protection
For more on the Ink Business Preferred® Credit Card, check out our overview of the card.
Ink Business Preferred® Credit Card offer: 100,000 bonus points after $8,000 of spending in 3 months. (Annual fee: $95)
bonus_miles_full (Get this welcome bonus.)
Largest welcome offer available on an Ultimate Rewards® card. Rewards are earned as Chase Ultimate Rewards® points
Travel insurance for employees. Point transfers to partners. 25% more value for redemptions through Chase Travel℠.
This is an affiliate link.
My take on the Ink Business Preferred® Credit Card welcome bonus
This welcome bonus is certainly one of the best welcome bonuses you can get right now. Chase Ultimate Rewards® is probably my favorite transferable point program because it offers travel rewards and the flexibility of cashing out your points for cash back rewards.
The 100,000 point bonus you earn can with the Ink Business Preferred® Credit Card offers several flexible redemption options:
- Cash back. You can cash your 100,000 points for $1,000 of cash back.
- Travel booked through Chase Travel. Your points are worth $1,250 when used to book travel through Chase Travel.
- Transfers to Ultimate Rewards transfer partners. Transfers to travel partners are how you can parlay your points into high-value business class flights and luxury hotel suites. Chase has a number of useful, easily usable programs like United MileagePlus, Air Canada Aeroplan, British Airways Executive Club, Flying Blue, Southwest Rapid Rewards, and Virgin Atlantic Flying Club.
It’s a bit of old news at this point, but it’s worth noting that this card’s spending requirement used to be almost double its current $8,000 spending requirement.
My business (this blog, writing, and consulting) means I can get a small business credit card. But don’t think that you can’t get a small business credit card if you work for someone else. Even if you sell things online or on Facebook marketplace occasionally, you probably have a business and can are eligible to get a small business credit card. A hobby that you’re trying to monetize (even a small one) can be a small business!
Finally, this is a great card for ongoing business spending. It offers 3 points per dollar on up to $150,000 of spending in select business categories and a solid suite of premium travel insurance protections.
Bottom line: This is a great bonus. It makes our list of best cash back welcome bonuses for the cash value of its points and best Ultimate Rewards welcome bonuses.
A few notes on applying for Chase cards
- 5/24 rule. Chase generally won’t approve you if your credit report is showing 5 or more new credit card accounts opened in the last 24 months. This rule is knows as the 5/24 rule. If you’re unsure if you are “under 5/24” you should check your 5/24 status before applying for a Chase card. Note that recently this rule seems to have softened, especially for Ink cards. See our coverage about Chase 5/24 for more.
- Only one Sapphire-branded card. You can only hold one Chase Sapphire-branded card at a time. This means you can have either a Chase Sapphire Preferred® Card or a Chase Sapphire Reserve®, but not both.
- You can get a welcome bonus on a Chase card, even if you’ve had the card previously. How often you can earn a welcome bonus on a Chase card varies by card family.
- Most cards allow you to earn a welcome bonus if it has been at least 24 months since your last received a welcome bonus on the same card.
- Chase Sapphire-branded cards, such as the Chase Sapphire Preferred® Card and Chase Sapphire Reserve®, you can only earn a welcome bonus once every 48 months. (We published a separate article to help you determine if you can get a Sapphire welcome bonus.)
- Marriott cards have their own special rules.
- Chase will match an increased bonus. If you apply for a Chase card and the bank offers a higher bonus within 90 days, you can send Chase a secure message or call them to have your welcome offer matched.
- In-branch offers are sometimes better. Chase sometimes has better credit card welcome offers in-branch than it will publish on its own website or through affiliate networks. Check all channels to make sure you’re getting the best bonus.
- Chase business cards do not report to personal credit reports and do not impact your 5/24 status as long as they are current.
Frequently asked questions
Yes. You can have at least one of each of the four different Chase Ink credit cards. And if you have multiple businesses, you can get even more.
Both the Ink Business Preferred® Credit Card and the Chase Sapphire Preferred® Card enable you to use you Ultimate Rewards® points for increased value for travel. Both cards also offer a robust suite of travel protection benefits. For most people, it makes sense to hold only one of these cards. Both cards have an annual fee of $95.
Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.