Chase Ink Business Preferred℠ Credit Card Review
August 19, 2019
Best for: businesses with a lot of expenses in shipping, travel, utilities and digital advertising
If you own a business and you’re not using a rewards card, you’re leaving money on the table. The Chase Ink Business Preferred card is a perfect example. Their signup bonus alone is worth $1,000 (provided you hit their spending minimum and put your points towards travel). And if the bulk of your expenses fall within the triple-points reward categories associated with this credit card, this Chase Ink option can help your business rack up rewards fast. Let’s review the basics of the Chase Ink Business Preferred.
The basics of the Chase Ink Business Preferred Credit Card®
The Ink Business Preferred’s standout features
The best way to use your Chase Ink card
To make the most of a Chase Ink Business Preferred card, first make sure you hit the $5,000 spend benchmark in the first three months to unlock your 80,000 bonus points.
To help you get there and to help your business earn more points in perpetuity, use it for all purchases in the triple-point categories. To refresh, they are:
When you get your Chase Ink card, start by switching the billing from your digital advertisers and communication utility providers over to your new Chase credit card. Set up auto-pay with the card and you’ll rack up three Ultimate Rewards points per dollar you spend. And don’t forget to use it whenever you book travel.
Once you land those sign-up bonus points or any other points, redeem them for travel through Chase Ultimate Rewards and they’ll be worth 25% more.
In a nutshell
If your business books a lot of travel, the Chase Ink Business Preferred card benefits you in two ways. First, you earn three Ultimate Rewards points per dollar you spend booking travel. Then, when you redeem those points to book travel, you maximize their value.
For businesses with regular travel looking to score $1,000 in rewards value (by making $5,000 worth of purchases in the first three months), this Chase credit card is ideal. And even when you don’t spend within the triple-point categories, your business still earns one Ultimate Rewards point for every dollar it spends.
The low annual fee and flexible rewards redemption options make the Chase Ink Business Preferred card a good fit for any business. But to truly unlock its full potential, you’ll need to have some travel on the docket.