Chase Ink Business Preferred® Credit Card Review

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chase ink business preferred card

The Chase Ink Business Preferred® Credit Card is one of the best travel rewards credit cards for your small business. And with its introductory offer, it makes great sense to get this card now. This is the card we use for the majority of our business purchases.

Right now, the Ink Business Preferred® Card welcome offer is 90,000 points after you spend $8,000 on purchases in the first 3 months from account opening. Those points are worth at minimum $1125 when redeemed through the Chase Travel℠ portal or $900 for cash back, gift cards, and select retail redemptions. And, those points can be worth even more when transferred to Chase's airline and hotel partners. (See list below.)

That's an amazing value for a $95 annual fee.

Ink Business Preferred Benefits

In addition to the signup bonus, ongoing card benefits include:

  • Earn 3x points on travel, shipping, social media or search engine advertising, internet, cable, and phone services on the first $150,000 in combined spending per year, (then 1X per $1 after.)
  • Earn 1 point per $1 on all other purchases
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more – your points don't expire as long as your account is open
  • 5x on Lyft rides (through March 2025)
  • 25 percent travel redemption bonus through Chase Travel℠ portal
  • 1:1 point transfers to airlines and hotels
  • No foreign transaction fees
  • Purchase Protection covers your new purchases made on the card for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
  • The annual fee is only $95 for the primary card and $0 for additional employee cards.
  • Member FDIC

Chase Travel Transfer Partners

Here are the current Chase airline transfer partners:

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

And, these are the current hotel partners

  • World of Hyatt
  • Marriott Bonvoy
  • IHG Rewards Club

Even if you aren’t a traditional business owner, you may be eligible for a small-business card like this one. If you have even the minimal side hustle, such as occasionally selling something on eBay, and that allows you to get some small-business credit cards (and earn their welcome bonuses). Do you have any income from freelance work, or plans to start freelance work? Have you ever sold an item on Facebook Marketplace, Etsy, or other platforms, or have plans to do so in the future? You have a business.

If you don't have a business tax number, you can choose sole proprietorship and use your personal social security number on the application.

One further note

Credit cards are serious business. You should never apply for a credit card if you're already in debt, and never charge more to a credit card than you can afford to pay off immediately. That's especially true when looking at business credit cards, as the spending required to earn a big bonus is often higher than what you will find for consumer cards.

Check out our guide on which credit card is right for you.

If a business card is not right for you, check out our favorite general travel card, the Chase Sapphire Preferred® Card.

Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

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