Chase Introducing New 1.5x Business Card With $500 Initial Bonus

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The last new business card Chase introduced was the Ink Business Preferred Credit Card, debuting a year and a half ago.

The card has the best signup bonus out there — a bit number but more importantly highly valuable points — 80,000-point signing bonus after $5000 spend within 3 months. And the points transfer to:

  • Airlines: United, Korean, Singapore, Virgin Atlantic, British Airways, Air France KLM, Iberia, Aer Lingus, Southwest
  • Hotels: Marriott, Ritz-Carlton, Hyatt, IHG


Park Hyatt Aviara

Earning is 3 points a dollar on the first $150,000 spend on “travel, telecommunications, shipping and advertising on social-media and search engines.” And it comes with $600 cell phone protection against theft or damage when you pay your bill with the card.

In some ways the Ink Business Preferred Credit Card is the business version of the Chase Sapphire Preferred Card.

Chase will be adding a new card to the Ink family, that seems more the equivalent of the Freedom Unlimited, offering 1.5 points per dollar on all spend as reported by Bhatdj on reddit they’re going to limit cardmembers to two guests on each visit. (HT: @IadisGr8)

That’s a good bonus, no annual fee is attractive, but points won’t transfer to miles. For that — and for as long as the ability lasts — you need to transfer points from the new card to a Chase Sapphire Preferred Card or Ink Business Preferred Credit Card and then to miles and points.

Presumably like other Chase Ultimate Rewards cards the new product will be subject to ‘5/24’ meaning most people won’t be approved if they’ve already signed up for 5 or more new cards within the past 24 months.


Chase Sapphire Preferred® Card - Banner

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 InsideFlyer.com, 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 »

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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.

Comments

  1. If one was to transfer to UR, via the Sapphire cards, then this is 50,000 points correct? Gary, you should have mentioned that in your post. $3,000 spend is easy for most of your readers. If they already have the Ink Business Preferred, this is the next card to apply for.

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