Ink Business Preferred Card: Chase’s Best Rewards Card?

I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. 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). Terms apply to the offers and benefits listed on this page.

The Ink Business Preferred® Credit Card doesn’t offer Priority Pass membership and gives a quarter cent per point less value when booking travel through Chase’s portal instead of transferring points to airline and hotel programs.

Ink Business Preferred® Credit Card has a modest annual fee, a great up front offer, and you still get triple points on the first $150,000 spent each year on travel (like with Sapphire Reserve) and on shipping purchases; internet, cable and phone services; and advertising purchases with social media sites and search engines too.

Many readers can get a business card and probably should. Chase has even suggested that getting a small business card is one of the things you should do as you start your business, that it’s often the first resource many business owners look to as they start to grow. A small business card allow yous to separate business from personal expenses and builds the credit history and identity of your business.

Here are 12 things I love about the new Ink Business Preferred:

  1. 100,000 Point Signup Bonus

    Spend $15,000 on your new card within 3 months and you’ll get 100,000 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.)

  2. 3 Points Per Dollar on Travel

    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.

  3. 3 Points Per Dollar on Shipping and Advertising on Social Media and Search Engines

    This is great for anyone who advertises on Facebook or Twitter, or who spends money advertising with Google. And those bills add up quickly. Earning triple points on that spend is going to be a really big boost.

  4. $150,000 spend cap on bonus categories

    Previously Chase’s business cards capped category bonus spend at $25,000 or $50,000 in a year. Being able to keep spending on this card in a big way is a great move for Chase to encourage not just a little bit of spend but a lot of spend through the product, and to let you keep earning big bonus points.

  5. $Protection against theft or damage for your cell phone. Covers 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. Up to 3 claims in a 12 month period with a $100 deductible per claim.

    Now, I got my cell phone’s cracked screen covered when I paid for it with my Chase Sapphire Preferred Card — but that was purchase protection, cracked the screen shortly after I purchased the phone.

  6. You can get more than one Ink Business Preferred Card if you have more than one business.

    Chase won’t approve this for everyone, of course, they’ll consider how much credit they wish to extend to you. But they don’t limit you to one card if you have multiple businesses.

  7. Ultimate Rewards Mall

    Additional points for your online shopping through access to the Chase Ultimate Rewards mall, a mileage-earning shopping portal that often has the most lucrative opportunities to earn extra points for the online purchases you’d make anyway.

  8. Points transfer to Singapore Airlines — one of the best airlines in the world, with great premium cabin availability, stopovers for a fee even on one-way awards, and very low fees

    It’s very rare indeed that you can ever use miles from Star Alliance partner programs like United MileagePlus, Aeroplan, or LifeMiles for long haul premium cabin travel on Singapore. But Singapore offers members using their own miles better award availability on most of their routes. You’re going to want to fly to Asia again and this card’s points will be a great way to do it when that comes.

  9. Points transfer to United Airlines MileagePlus

    United is one of the few airlines in the world that does not add fuel surcharges onto any awards and because that gives you access to availability across the Star Alliance and with easy online bookings.

  10. Points transfer to Air France KLM which offers great business class award availability.

    They make far more award space available on Air France and KLM flights to their own members than they do to partners. I find really good space between the US and Europe, even on West Coast routes.

  11. Points transfer to Hyatt which gives you access to high-end hotel redemptions, reasonably-priced suite awards, and room upgrades with points.

    Hyatt lets you redeem ~ 60% more points than a standard room for a suite on a free night. And Hyatt lets you spend 6000 points per night on a qualifying paid rate stay to upgrade to a suite — at booking. And that 6000 point price is the same regardless of the price level of a hotel. Now they even have awards and upgrades for premium suites and not just standard suites.

    Park Hyatt Aviara

  12. Points transfers with most airline and hotel partners are instant.

    This is great because you don’t risk awards disappearing this way. And you don’t need to transfer points to an airline or hotel program until you need them, since transfers happen quickly.

“5/24 limits” apply to the card. That’s not a surprise, there are cards that Chase won’t give to some people who have had 5 or more new cards within the last 24 months. However getting this card does not seem to add to you’re 5/24 total.

If you’re worried about the health of any individual airline, earning points in a bank program that lets you transfer to a variety of different airlines makes sense now as a hedge. These are the points you’re going to want going forward.

Ink Business Preferred® Credit Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

More articles by Gary Leff »

Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. Hasn’t Chase more or less stopped approving business cards unless your business has >$100k in revenues supported by tax returns? Doesn’t work anymore if you own a single rental property or resell stuff on eBay.

  2. Hilton has devalued its points so much that $100k points are only worth less than $400. Which means you net $305 after the $95 annual fee, so spending $15,000 to earn the $100k points means you are spending far more than the points are worth.

    Your could use a 2% cash back card and earn $300 cash on your purchase.

  3. ^^ Hilton isn’t even a transfer partner of Chase…and if it was you’d be stupid to transfer your points there.. I

  4. If I had the United business card for 4 years and apply for this card using my chase business login, do I still have to go through the typical send in your business support since I’m use SSN instead of EIN. I do have a valid City business license that was used to verify last time.

  5. Can you explain this in further detail?
    Are you saying that if you book a standard room for 25k then you can upgrade it to a suite for 6k more?

    Points transfer to Hyatt which gives you access to high-end hotel redemptions, reasonably-priced suite awards, and room upgrades with points.
    Hyatt lets you redeem ~ 60% more points than a standard room for a suite on a free night. And Hyatt lets you spend 6000 points per night on a qualifying paid rate stay to upgrade to a suite — at booking. And that 6000 point price is the same regardless of the price level of a hotel. Now they even have awards and upgrades for premium suites and not just standard suites

  6. @mike I recently opened the United Business card in March 2022 using my SS#. They only asked the nature of my business (rental property) but I wasn’t required to send in any support. After they asked the questions, they approved me. That was my first Chase business card

  7. I think that your cell insurance coverage info is outdated. My understanding is that they have increased that to $1,000. starting in 2022

  8. I wouldn’t mind picking up this card but the 15k spend within 3 months is just too much. The most I will do in that period of time is 10k. My business is service oriented so I don’t have the inventory spend of some companies.

  9. @Alan: The Ink Premier, alone among Chase UR cards, does not earn points that can be transferred to travel partners. They can only be redeemed at 1c per point.

    @TProphet: That’s the first report I’ve heard about any such thing. I think they did tighten up on their definition of a business a bit during the pandemic but, by all accounts, it’s business (cards) as usual now.

  10. just approved for a chase Ink cash card with sole proprietorship and consulting income of $40k per year (side gig), third ink card, no documents required but I do have chase biz checking account and other funds on deposit with Chase.

    the points can be converted to UR is you have other UR biz cards.

    If you have more than one business (second is LLC), can you have duplicate cards but for different businesses?

Leave a Reply

Your email address will not be published.