Ink Business Preferred Credit Card

Premium Rewards for Small Business Owners: An Ink Business Preferred Card Review

For small business owners looking to earn points on shipping; social media and search engine advertising; travel; internet, cable, and phone services purchases, the card_name may be for you. This is one of four Ink business cards offered by Chase joining Ink Business Premier, Ink Business Unlimited, and Ink Business Cash.

One of the unique aspects of the card_name, compared to the other business cards mentioned above, is that it earns points directly with your spending. The other cards earn cash back. However, cash back earned from Ink Business Unlimited and Ink Business Cash can be converted into Chase Ultimate Rewards points if you also hold the Ink Business Preferred, Chase Sapphire Preferred, and/or Chase Sapphire Reserve.

Ink Business Preferred Details

New card members earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel(SM).

This new cardmember bonus is not available to you if you are a current card_name member or received a new card member bonus on this card within the past 24 months.

card_name has an annual membership fee of $95 and no foreign transaction fees.

Ink Preferred Benefits

One way to receive value with the Chase Ultimate Rewards points earned from the card_name is to book travel through Chase Ultimate Rewards. Each point can be redeemed for 1.25 cents per point in travel. This means 100 Chase Ultimate Rewards points are worth $1.25 in value for travel booked.

How to Earn Points with Ink Preferred

card_name earns 3X points on the first $150,000 spent anniversary year on combined purchases in shipping; social media and search engine advertising; travel; internet, cable, and phone services

How to Redeem Points with Ink Preferred

Chase Ultimate Rewards points continue to hold their value because of the airlines and hotels that partner with Chase. In particular, you can potentially unlock high value by transferring Chase Ultimate Rewards points to World of Hyatt, Virgin Atlantic, and United Airlines.

Examples of ways to receive high value from transferring your Chase Ultimate Rewards points to its partners include:

  • 30,000+ World of Hyatt points to book luxury Hyatt hotel stays
  • 34,000 Iberia Avios to book a one-way Iberia business class flight between the U.S. and Spain
  • 90,000+ Virgin Atlantic miles to book a one-way ANA business class flight between the U.S. and Asia*
  • 50,000 Virgin Atlantic miles to book a one-way Delta business class flight between the U.S. and Europe

*At the time of this writing, ANA is passing on high fuel surcharges which impact this redemption’s value

Conclusion on Ink Preferred

ccard_name can be redeemed for 1.25 cents per point when booking travel through Chase Ultimate Rewards. The card earns 3X points on the first $150,000 spent anniversary year on combined purchases in shipping; social media and search engine advertising; travel; internet, cable, and phone services.


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