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 introduction of the Ink Business Preferred℠ Credit Card is a big deal. It’s an 80,000 point signup bonus card (after $5000 spend within 3 months) that has a $95 annual fee. Many cards with bonuses like this are premium cards at much higher price point.
The card earns 3 points a dollar on the first $150,000 spend on travel, telecommunications, shipping and advertising on social-media and search engines. So that’s really broad triple points earning. It’s great for folks who advertise a lot on Google or Facebook. It’s great for people who spend on shipping. (Of course the big signup bonus makes it great for most everyone.)
Ink Business Preferred℠ Credit Card points transfer to:
- Airlines: United, Southwest, Korean, British Airways, Singapore, Air France KLM, Virgin Atlantic
- Hotels: Hyatt, Ritz-Carlton, Marriott, IHG Rewards Club
Here’s a benefit I had overlooked and is probably worth quite a lot to many people: $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.
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.
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.