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Ink Business Preferred® Credit Card: Earn 100k Bonus Points After You Spend $8k in the First 3 Months Expired

+90 Deal Score
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Chase is offering 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening with the Ink Business Preferred® Credit Card. The annual fee is $95.

Thanks to Staff Member EfficientGame645 for finding this deal.

Card Details:

Original Post

Written by
Edited July 12, 2024 at 02:51 PM by
Chase is offering 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening with the Ink Business Preferred® Credit Card. The annual fee is $95.

Card Details:
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℠
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
Round-the-clock monitoring for unusual credit card purchases
With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
Points are worth 25% more when you redeem for travel through Chase Travel℠
Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Member FDIC

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Created 06-29-2023 at 03:49 PM by EfficientGame645
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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To people who can't spend the 8k. I normally pay my property taxes they charge 2% fee but this card gives back 1% so you pay 1% on 8k spent. Ie pay 80 dollars to get 1k bonus.
Also you can make estimated payments on your federal tax I believe it's 1.87% fee then reduce your withholdings to pay less to account for estimated payment. Otherwise get it back next year as refund etc..
Ever sell something on ebay? At a garage sale? Look, you have a business!

Ever have an IDEA for a business but haven't done anything with it yet? Look, you have a business!

Apply as a sole proprietorship, the business name is the same as your name, the EIN is your SSN.





You can do considerably better than 3 cents a point with most business and first class airline transfers (a booking to Japan earlier this year in business was about 7.4 cents a point for me for example though this is toward the high end)

Also I'd double check your "normally" results- 3 cents is high for typical Hyatt use, 2-2.5 is more typical.


Mind you- Hyatt is still worth doing compared to the portal or PYB or taking it as cash-- and even usually beats coach airfare values--- but typically is inferior to biz/first plane tickets via transfers.







How much are you spending that you're earning 3 million UR every year?
Unless you have a slick deal on a time machine, that's not a useful data point.

This is actually a much LOWER spend that it has been for most of the last couple years- normally it's been 15k for this card.

https://www.doctorofcredit.com/ch...quirement/

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Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
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Knightshade
08-08-2023 at 08:28 PM.
08-08-2023 at 08:28 PM.
Quote from rrss16 :
How to apply for business while I'm just an employee working for some company.

Ever sold something on Ebay?

Ever thought about selling something on Ebay?

Oh look, you have a business!
Reply
Joined Nov 2016
L2: Beginner
> bubble2 43 Posts
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rrss16
08-09-2023 at 05:29 AM.
08-09-2023 at 05:29 AM.
Quote from Knightshade :
Ever sold something on Ebay?

Ever thought about selling something on Ebay?

Oh look, you have a business!

Thanks!! I'll start selling stuffs today! 😄
Reply
Joined Feb 2008
L7: Teacher
> bubble2 2,108 Posts
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pcman2000
08-09-2023 at 02:44 PM.
08-09-2023 at 02:44 PM.
Quote from mroxer :
If you have more than one chase business card, then you can transfer part of the credit limit over to this new card. No pulls on credit.
Thank you! Very painless for phone rep to transfer immediately.
Reply
Joined Nov 2022
New User
> bubble2 4 Posts
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Bobby3322
08-19-2023 at 06:27 AM.
08-19-2023 at 06:27 AM.
Great information. I have a couple questions:

I have a Chase Sapphire, is the a way I can refer to my business for a new business card and get the referral bonus?

I would assume the $95 fee is immediate, how long do you have to hold the card before cancelling? Can you do so before next years fee is due?

Tks
Reply
Joined Aug 2004
...
> bubble2 9,780 Posts
5,118 Reputation
JaTaN
08-19-2023 at 07:42 AM.
08-19-2023 at 07:42 AM.
Quote from Bobby3322 :
Great information. I have a couple questions:

I have a Chase Sapphire, is the a way I can refer to my business for a new business card and get the referral bonus?

I would assume the $95 fee is immediate, how long do you have to hold the card before cancelling? Can you do so before next years fee is due?

Tks
Can't self refer and can't refer from Sapp card -- you need referral link from any Ink business card from someone else

Chase charges 1st day of following month so applying now will charge fee Sept 1st -- cancel by Aug next yr to avoid 2nd yr fee (9/1/2024)
Reply
Joined Nov 2015
L3: Novice
> bubble2 215 Posts
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Kuden
08-30-2023 at 07:02 AM.
08-30-2023 at 07:02 AM.
Quote from mango316 :
Damn unless you have a "business" to spend for, $8k is hard to churn let alone $15k in 3 months….
have you heard of Costco? lol...everytime you go there is at least $300
went there last weekend to get some eggs and milk, I walked out with $400 receipt
Reply
Joined Sep 2007
L6: Expert
> bubble2 1,797 Posts
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ericfw
08-30-2023 at 09:12 PM.
08-30-2023 at 09:12 PM.
When you guys click the referral link to get the available cards to apply, do you see the column for this card having a gray shade? I can still click and apply, but wondering why it's kind of grayed out.


Quote from Daekwan :
My original application was 2 days ago, got a pending decision. Received an email from Chase yesterday to call and verify information (name & SSN). Called this morning and approved via phone. Email confirmation with the last 4 digits of the new card. Asked for expedited shipping, and transferred to another customer rep who said the card would be sent via UPS Air 1 to 2 biz days. Confirmed $5,000 limit. Also confirmed 100K UR bonus upon $8,000 spent in next 90 days. The exact date for the end of the spending requirement: November 7th.

TL:dR.. this bonus/offer/terms are still live!

Also used a referral link from eBay claiming a $205 reward. Will be interesting to see if the seller holds up to their end of the bargain.
Quote from JaTaN :
Can't self refer and can't refer from Sapp card -- you need referral link from any Ink business card from someone else

Chase charges 1st day of following month so applying now will charge fee Sept 1st -- cancel by Aug next yr to avoid 2nd yr fee (9/1/2024)
Reply

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Joined Aug 2004
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> bubble2 9,780 Posts
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JaTaN
08-30-2023 at 09:19 PM.
08-30-2023 at 09:19 PM.
Quote from ericfw :
When you guys click the referral link to get the available cards to apply, do you see the column for this card having a gray shade? I can still click and apply, but wondering why it's kind of grayed out.
You can scroll to the right using the arrow keys on the page -- a few lines under APPLY NOW (just above "NEW CARDMEMBER OFFER")
Reply
Joined Sep 2007
L6: Expert
> bubble2 1,797 Posts
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ericfw
08-30-2023 at 10:07 PM.
08-30-2023 at 10:07 PM.
Quote from JaTaN :
You can scroll to the right using the arrow keys on the page -- a few lines under APPLY NOW (just above "NEW CARDMEMBER OFFER")
Got it, thanks!
Reply
Joined Sep 2018
L2: Beginner
> bubble2 65 Posts
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gizmoz
08-31-2023 at 06:08 PM.
08-31-2023 at 06:08 PM.
Quote from Nolimit167 :
just in time to pay property taxes
Ditto that.. I am all set to use it to pay my property taxes.
Reply
Joined Aug 2006
bring it on!!!
> bubble2 1,982 Posts
1,573 Reputation
proud2bpinoy
09-01-2023 at 10:51 AM.
09-01-2023 at 10:51 AM.
I applied using my wife's and with my referral link. She was instantly approved with 5k limit. and I will get $400 referral from her approved application. We will use this card it to pay our delinquent property tax (with 2.5% fee) that somehow we forgot to pay. Our Auto and Home insurance are up for renewal too. That would put us to $5k expenses already. We will spend the rest with groceries and some medical bills.
Reply
Joined Jun 2006
Wow Amazing Slick Deal
> bubble2 1,411 Posts
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mcali786
09-26-2023 at 07:48 PM.
09-26-2023 at 07:48 PM.
Quote from proud2bpinoy :
I applied using my wife's and with my referral link. She was instantly approved with 5k limit. and I will get $400 referral from her approved application. We will use this card it to pay our delinquent property tax (with 2.5% fee) that somehow we forgot to pay. Our Auto and Home insurance are up for renewal too. That would put us to $5k expenses already. We will spend the rest with groceries and some medical bills.
When I click the referral from my spouse, I don't get this 8K spend and 10K bonus, are you seeing the offer via your referral link?
Reply
Joined Jun 2006
Wow Amazing Slick Deal
> bubble2 1,411 Posts
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mcali786
09-26-2023 at 08:00 PM.
09-26-2023 at 08:00 PM.
Just to confirm, one can use the points to redeem via chase ultimate rewards portal without having to transfer them to personal Chase sapphire cards as I Don't have Them?
Reply
Joined Aug 2006
bring it on!!!
> bubble2 1,982 Posts
1,573 Reputation
proud2bpinoy
09-27-2023 at 10:58 AM.
09-27-2023 at 10:58 AM.
Quote from mcali786 :
When I click the referral from my spouse, I don't get this 8K spend and 10K bonus, are you seeing the offer via your referral link?
Both me and my wife has the 100k bonus with $8k spend in our refer-a-friend link.
Reply
Last edited by proud2bpinoy September 27, 2023 at 11:01 AM.

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Joined Jun 2006
Wow Amazing Slick Deal
> bubble2 1,411 Posts
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mcali786
09-27-2023 at 02:26 PM.
09-27-2023 at 02:26 PM.
Quote from proud2bpinoy :
Both me and my wife has the 100k bonus with $8k spend in our refer-a-friend link.
Okay I see it now, notsure if clearing out cookies worked ha.
Reply
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