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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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Deal
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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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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 2016
L5: Journeyman
> bubble2 652 Posts
42 Reputation
ahlex
11-29-2023 at 11:46 AM.
11-29-2023 at 11:46 AM.
Quote from inquisitive :
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.
I used my CC to pay for down payment multiple times before when I bought a car. The amount that dealer accept CC as payment is varied. The max I did was $5k. The lowest was $3k. They did not care if you use one or multiple cards but it was the max they could take. They did not charge my any CC fee.
Reply
Joined Dec 2008
L5: Journeyman
> bubble2 969 Posts
450 Reputation
pirezza
11-29-2023 at 02:27 PM.
11-29-2023 at 02:27 PM.
The sub for the CIC (90K points for $6K spend) is about the same value after you factor in the annual fee difference. Only reasons to pick this card are if you have a lot of travel spend, need no FTF, or don't have any Sapphires and need a multiplier for your UR points.
1
Reply
Last edited by pirezza November 29, 2023 at 10:14 PM.
Joined Mar 2015
L6: Expert
> bubble2 1,758 Posts
145 Reputation
leosc
12-03-2023 at 10:22 PM.
12-03-2023 at 10:22 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.
Used my family referral, how do I know for sure my family member got $400. Where can he see this $400 referral bonus?
Reply
Joined Nov 2016
L3: Novice
> bubble2 219 Posts
18 Reputation
chi890
12-08-2023 at 07:52 PM.
12-08-2023 at 07:52 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

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 😄

How did you make 1.5m in a year? What business was this? Quite impressive
Reply
Joined Aug 2006
L2: Beginner
> bubble2 72 Posts
10 Reputation
lovethemdeals
12-08-2023 at 07:54 PM.
12-08-2023 at 07:54 PM.
Quote from computer87 :
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..

This guy churns, lol

I easily went through 4 different Chase biz cards this year and racked up 360k points worth $5,400 for travel (transferred to Chase Sapphire Reserve) by paying a chunk of my estimated taxes each quarter on each card. At least for the Ink cards, you can sign up for the same one every 3 months without cancelling any of them.

And I don't even have a business. I just made one up.
Reply
Joined Mar 2005
L9: Master
> bubble2 4,543 Posts
623 Reputation
thegman230
12-09-2023 at 05:30 AM.
12-09-2023 at 05:30 AM.
Wondering if you have to unfreeze all your credit reports to apply for this even though you already have a Chase business credit card
Reply
Joined Sep 2011
L4: Apprentice
> bubble2 483 Posts
50 Reputation
Jeff630
12-09-2023 at 06:06 AM.
12-09-2023 at 06:06 AM.
Do anyone know if you can still get it if you just applied for the business unlimited?
Reply

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Joined Dec 2006
L5: Journeyman
> bubble2 739 Posts
223 Reputation
GrummanPilot99
12-09-2023 at 06:21 AM.
12-09-2023 at 06:21 AM.
Quote from lovethemdeals :
This guy churns, lol

I easily went through 4 different Chase biz cards this year and racked up 360k points worth $5,400 for travel (transferred to Chase Sapphire Reserve) by paying a chunk of my estimated taxes each quarter on each card. At least for the Ink cards, you can sign up for the same one every 3 months without cancelling any of them.

And I don't even have a business. I just made one up.

You can sign up for the same card every 3 months without canceling? I never knew about this, do you know where I could find this information to confirm?

Also what's your take on canceling cards. A lot of people in the churning Community say that you should wait after paying the second annual fee and then cancel. So after 12 or 13 months you can cancel and they won't dang you or look at you as a negative.
Reply
Joined Nov 2013
L3: Novice
> bubble2 222 Posts
54 Reputation
AlvinL2146
12-10-2023 at 11:11 AM.
12-10-2023 at 11:11 AM.
Quote from lovethemdeals :
This guy churns, lol

I easily went through 4 different Chase biz cards this year and racked up 360k points worth $5,400 for travel (transferred to Chase Sapphire Reserve) by paying a chunk of my estimated taxes each quarter on each card. At least for the Ink cards, you can sign up for the same one every 3 months without cancelling any of them.

And I don't even have a business. I just made one up.

do you have any resources on how to do this? I already have a few ink cards. are you saying I can apply for the same card while keeping my card still active?
Reply
Joined Oct 2013
L2: Beginner
> bubble2 52 Posts
17 Reputation
DuyD6333
12-12-2023 at 05:33 AM.
12-12-2023 at 05:33 AM.
Quote from lovethemdeals :
This guy churns, lol

I easily went through 4 different Chase biz cards this year and racked up 360k points worth $5,400 for travel (transferred to Chase Sapphire Reserve) by paying a chunk of my estimated taxes each quarter on each card. At least for the Ink cards, you can sign up for the same one every 3 months without cancelling any of them.

And I don't even have a business. I just made one up.

This is why the game dying... remove this dude
3
Reply
Joined Mar 2006
L9: Master
> bubble2 5,935 Posts
1,170 Reputation
Core2Quad
12-12-2023 at 07:07 PM.
12-12-2023 at 07:07 PM.
How can I tell if I have had this card in the past, anyway to check?
Reply
Joined Sep 2015
L4: Apprentice
> bubble2 483 Posts
99 Reputation
Jackedandshredded
12-12-2023 at 10:19 PM.
12-12-2023 at 10:19 PM.
Someone help me out here, i got the ink business cash. Do I get 5% back on pirateship shipping, and ebay shipping?
Reply
Joined Dec 2012
L4: Apprentice
> bubble2 396 Posts
49 Reputation
BlueJoke42
12-14-2023 at 02:55 PM.
12-14-2023 at 02:55 PM.
Quote from Core2Quad :
How can I tell if I have had this card in the past, anyway to check?

Call and ask Chase. They'll help you out.
Reply
Joined Dec 2008
SD N00B-e
> bubble2 1,841 Posts
307 Reputation
Flynt_Flossy
12-15-2023 at 03:19 PM.
12-15-2023 at 03:19 PM.
So I have 2x business cards already.

Ink Business Unlimited℠ - signed up using SSN
Ink Business Cash® - signed up using SSN

So I can still apply to this one? For reference, I signed up December 2022 and Feb 2023 for each of these so I am ok past 30 day min wait time.

My only dilemma, if I sign up with my SSN again for a 3rd fake business...how will I get past the call for approval? So far I had to call both times to get the approval however I would now need to make another bs story. Lol

If I have 2x business cards, what would I even say why I need a 3rd card with chase business? How do you guys do it who have 3+ chase ink business cards??

Also I have maybe $1500 still on balance on the 2 cards. If I apply now, should I pay these off or can I leave that balance alone? Reason I haven't paid them off is I'm using the 0% arp for 12 month thing. Just letting them cook lol.

Thoughts?
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Joined Dec 2012
L4: Apprentice
> bubble2 396 Posts
49 Reputation
BlueJoke42
12-15-2023 at 03:49 PM.
12-15-2023 at 03:49 PM.
Quote from Flynt_Flossy :
So I have 2x business cards already.

Ink Business Unlimited℠ - signed up using SSN
Ink Business Cash® - signed up using SSN

So I can still apply to this one? For reference, I signed up December 2022 and Feb 2023 for each of these so I am ok past 30 day min wait time.

My only dilemma, if I sign up with my SSN again for a 3rd fake business...how will I get past the call for approval? So far I had to call both times to get the approval however I would now need to make another bs story. Lol

If I have 2x business cards, what would I even say why I need a 3rd card with chase business? How do you guys do it who have 3+ chase ink business cards??

Also I have maybe $1500 still on balance on the 2 cards. If I apply now, should I pay these off or can I leave that balance alone? Reason I haven't paid them off is I'm using the 0% arp for 12 month thing. Just letting them cook lol.

Thoughts?

You can apply. Use the same "business" information you used for the other two cards. As for paying off the card balance you already have, it depends on how much credit they've extended you aka how much DTI your "business" earns that you put on the application vs how much utilization you have on the cards. To be safe, I would pay them off. Feel free to ask any other questions. Cheers!
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