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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.

449 Comments

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Featured Comments

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 Dec 2008
Divided states of America
> bubble2 4,912 Posts
236 Reputation
inquisitive
10-24-2023 at 09:31 PM.
10-24-2023 at 09:31 PM.
if you plan to buy a new car, see if the dealer will accept $8k as part of payment on cc. who knows they might do it.
Reply
Joined Apr 2014
L6: Expert
> bubble2 1,681 Posts
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Pro
maheeinfy
10-27-2023 at 05:06 PM.
10-27-2023 at 05:06 PM.
Dont have any businesses..can i still get in on this
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Joined Jul 2004
L3: Novice
> bubble2 232 Posts
59 Reputation
marinjim11
10-31-2023 at 01:06 PM.
10-31-2023 at 01:06 PM.
Quote from BIG_HARRY_SACKS :
Some of us don't own property...
I can help! You can pay MY property taxes! See how awesome that is? You get the $900 free money, and I get my property taxes paid. WIN-WIN! Applause

I just like to help people. Smilie
1
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Joined Aug 2008
L5: Journeyman
> bubble2 681 Posts
595 Reputation
xaZnxbOyx
11-10-2023 at 06:45 AM.
11-10-2023 at 06:45 AM.
does the annual fee that is charged get counted towards the required spending on these credit cards?
1
Reply
Joined Aug 2004
...
> bubble2 9,780 Posts
5,114 Reputation
JaTaN
11-10-2023 at 11:31 AM.
11-10-2023 at 11:31 AM.
Quote from xaZnxbOyx :
does the annual fee that is charged get counted towards the required spending on these credit cards?
Nope -- a fee is not a purchase
Reply
Joined Jan 2005
MADE IN TAIWAN
> bubble2 569 Posts
175 Reputation
jciron
11-23-2023 at 07:00 AM.
11-23-2023 at 07:00 AM.
Quote from Knightshade :
This is a different card, so no waiting needed at all for you.

For the SAME card it's 24 months for most chase cards- 48 months for Sapphire ones.
The time count starts only after account closure though. So as long as the card remains active it won't work. Just thought I'd point this out.
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Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
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Knightshade
11-23-2023 at 07:36 AM.
11-23-2023 at 07:36 AM.
Quote from jciron :
The time count starts only after account closure though. So as long as the card remains active it won't work. Just thought I'd point this out.

Quick clarification, the time count I mention (24/48 months) starts from when you get your signup bonus, not account closure.

You only need to have the card closed very briefly (long enough to show as closed in their system) before reapplying for the same card so long as you've run out the signup bonus clock already.
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Joined Dec 2017
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> bubble2 78 Posts
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zl25drexel
11-26-2023 at 09:24 AM.
11-26-2023 at 09:24 AM.
Quote from BertrmaH :
Best way to use these points are either transfer to Hyatt and you can get as much as 5 times value , booked a Hyatt regency for 9000 points /night
which has cash price of $550/night this is best value I have ever got normally it's around 3 cents for each UR point when transferred Hyatt.
Other option is to transfer to chase Sapphire reserve ($550 annual fee but with $300 travel credit and all other perks pay off the annual fee ) and your redemption towards travel is 1.5% instead of 1.25% so in other words your 100000 points will be worth $1500 towards airfare and other hotels , car rentals, activities etc
Have 6 of these cards (3 business and 1 for me and 1 for my wife , Chase allow each owner of the business separate card , earning over 3 million UR Points every year, have not paid for travel for years

If you pay $550 a night for a hotel, you either shouldn't care about royalty points or vacation it wrong (I.e. find better prices online for similar hotels, or get them free from casinos). The point is, if you are paying $550 hotel with points, you are trying to live beyond your means

about 10 years ago, when I was in my early 30s, I made 1.5m+ a year and I still fly economy , on 10+ hours flights. I did request emergency exit row tho 😄
4
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Last edited by zl25drexel November 26, 2023 at 11:13 AM.
Joined Oct 2014
L3: Novice
> bubble2 136 Posts
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akvtest
11-26-2023 at 10:44 AM.
11-26-2023 at 10:44 AM.
Does balance transfer count towards $8k ? TIA!
Reply
Joined Aug 2004
...
> bubble2 9,780 Posts
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JaTaN
11-26-2023 at 02:58 PM.
11-26-2023 at 02:58 PM.
Quote from akvtest :
Does balance transfer count towards $8k ? TIA!
BT is not a purchase
Reply
Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
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Knightshade
11-26-2023 at 03:14 PM.
11-26-2023 at 03:14 PM.
Quote from zl25drexel :
If you pay $550 a night for a hotel, you either shouldn't care about royalty points or vacation it wrong (I.e. find better prices online for similar hotels, or get them free from casinos). The point is, if you are paying $550 hotel with points, you are trying to live beyond your means

I think you're misunderstanding the math here.

Here's what you're replying to

", booked a Hyatt regency for 9000 points /night which has cash price of $550/night"

He used what, if you just took it as cash, would be a mere $90 in points for a $550/nt hotel room.

That's a pretty excellent use of points.

They don't say what city, but most places where a Hyatt is $550/nt you're not getting anything (or not anything you'd actually want to stay in) for $90.

The fact you can get very good value for Chase points transferred to Hyatt is one of the reasons Chase points are so worthwhile--- nobody else has any hotel transfer partners worth using in most cases.
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Joined Apr 2006
L10: Grand Master
> bubble2 9,649 Posts
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Tnyc
11-26-2023 at 04:35 PM.
11-26-2023 at 04:35 PM.
I think the other two Ink cards are a better deal. You can get $900 worth of reward points for spending 6k. You can add another $200 to any of the Ink cards. PM me for details .
1
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Joined Dec 2017
L2: Beginner
> bubble2 78 Posts
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zl25drexel
11-26-2023 at 05:43 PM.
11-26-2023 at 05:43 PM.
Quote from Knightshade :
I think you're misunderstanding the math here.

Here's what you're replying to

", booked a Hyatt regency for 9000 points /night which has cash price of $550/night"

He used what, if you just took it as cash, would be a mere $90 in points for a $550/nt hotel room.

That's a pretty excellent use of points.

They don't say what city, but most places where a Hyatt is $550/nt you're not getting anything (or not anything you'd actually want to stay in) for $90.

The fact you can get very good value for Chase points transferred to Hyatt is one of the reasons Chase points are so worthwhile--- nobody else has any hotel transfer partners worth using in most cases.
now that you said that, I agree with you and the poster, $90 a night is a good deal if it really is $550/night value - it's probbly a inflated walk-in price.
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Joined Nov 2022
New User
> bubble2 5 Posts
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Violinist7
11-27-2023 at 09:42 AM.
11-27-2023 at 09:42 AM.
Quote from inquisitive :
if you plan to buy a new car, see if the dealer will accept $8k as part of payment on cc. who knows they might do it.

Dealers accept credit cards. I made $15k down payment for my Mazda with 2 chase cards
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Joined Dec 2008
Divided states of America
> bubble2 4,912 Posts
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inquisitive
11-27-2023 at 02:17 PM.
11-27-2023 at 02:17 PM.
Quote from Violinist7 :
Dealers accept credit cards. I made $15k down payment for my Mazda with 2 chase cards
cool. did the dealer charge any cc fees? did you check to make sure they didn't charge anything for using cc? coincidentally, i'm looking to buy a new mazda cx-5 btw. i guess it still depends on the dealership in your area and not the manufacturer itself on whether they accept cc or not.
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