I receive compensation for content and many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
This is a great premium card, with a big signup bonus and strong points-earning. It’s a $95 annual fee card, not a $450 annual fee card. And many of you can get a business card in fact you probably should.
The Ink Business Preferred℠ Credit Card comes with an 80,000 Point Signup Bonus.
- Spend $5000 on your new card within 3 months and you’ll get 80,000 points. As you’ll see below, that can even be enough for a roundtrip business class award ticket between the US and Europe. (Chase points are super valuable because they transfer directly to a variety of airlines and hotels.)
The card earns 3 Points Per Dollar on Travel and on Shipping and Advertising on Social Media and Search Engines.
- Chase points are one of the most valuable currencies and you’ll earn 3 points per dollar on travel — that’s airlines, hotels, rental cars, tolls, even Uber.
As a result this displaces, for instance, a Citi Prestige Card which generously provides 3 points per dollar on air and hotel spend — because a Chase point is more valuable overall than a Citi point thanks to its transfer partners.
You can earn these bonus points on up to $150,000 spend in bonus categories. Previously Chase’s business cards capped category bonus spend at $25,000 or $50,000 in a year.
You get a pretty remarkable benefit, one I wish I had in the past, in $600 protection against theft or damage for your cell phone.
Get up to $600 per claim in cell phone protection against covered theft or damage for you and your employees listed on your monthly cell phone bill when you pay it with your Chase Ink Business Preferred credit card. Maximum of 3 claims in a 12 month period with a $100 deductible per claim.
This benefit though is significant, since it’s real ongoing cost savings as well: those of you who pay to insure your phone against damage could consider pocketing cash savings every month if you paid your bill with this card.
Points transfer to:
- Airlines: United, Korean, British Airways, Singapore, Air France KLM, Southwest, Virgin Atlantic
- Hotels: Hyatt, IHG, Marriott, Ritz-Carlton
Park Hyatt Aviara
“5/24 limits” apply to the card. That’s not a surprise, there are cards that Chase won’t give to most people who have had 5 or more new cards within the last 24 months.