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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 2009
L6: Expert
> bubble2 1,130 Posts
109 Reputation
stxl
12-16-2023 at 08:29 AM.
12-16-2023 at 08:29 AM.
Quote from glass_tiki :
Ugh, signed up a month ago for $15,000 spend. Any way to qualify for this? Already hit the $8000 limit for business
What's the categories you have to use this on? Does it include paying for distributors (ingram , synnex, dandh etc...) and Microsoft Azure/office 365 licenses? Trying to find a card that will accept distributors and Microsoft.
Reply
Joined Dec 2008
SD N00B-e
> bubble2 1,841 Posts
307 Reputation
Flynt_Flossy
12-16-2023 at 08:55 AM.
12-16-2023 at 08:55 AM.
Quote from Double4Free :
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!
Thank you.

One more thing, if I used my SSN twice already, for the third ink business card I need to use my ITN number now correct? Or can I still use my SSN for this one since technically its a different CC from the other 2. Thanks.
Reply
Joined Dec 2012
L4: Apprentice
> bubble2 396 Posts
49 Reputation
BlueJoke42
12-16-2023 at 09:19 AM.
12-16-2023 at 09:19 AM.
Quote from Flynt_Flossy :
Thank you.

One more thing, if I used my SSN twice already, for the third ink business card I need to use my ITN number now correct? Or can I still use my SSN for this one since technically its a different CC from the other 2. Thanks.

You can use your own SSN, and I would suggest you do so lest you want Chase to ask for a lot of dubious paperwork to prove the legitimacy of your business.

Side note, check your private messages. Goodluck!
Reply
Joined Oct 2006
L17:Black Mage
> bubble2 1,053 Posts
200 Reputation
Acturbo
12-16-2023 at 07:22 PM.
12-16-2023 at 07:22 PM.
This card is brutal for an actual business owner that spends a lot. I got this card last month and I have had to call them about 7 times to "unlock" my card because of my spending habits. Card was declined and useless for an entire weekend and no one on Chase end could help or do anything to unlock it. As I found out, I had a 44k limit, made some purchases paid 14k and 9k respectively to the card on different dates. Well 6 days after my 14k payment was the weekend it didn't work, and it was because I was over my limit because my payment didn't "clear" even though the money was already withdrawn from my account and in Chases possession. Payment was made on a Tuesday and the card started declining on Saturday. The saga continues, we will see if it gets better.
Reply
Joined Dec 2009
L6: Expert
> bubble2 1,130 Posts
109 Reputation
stxl
12-16-2023 at 08:01 PM.
12-16-2023 at 08:01 PM.
Quote from Acturbo :
This card is brutal for an actual business owner that spends a lot. I got this card last month and I have had to call them about 7 times to "unlock" my card because of my spending habits. Card was declined and useless for an entire weekend and no one on Chase end could help or do anything to unlock it. As I found out, I had a 44k limit, made some purchases paid 14k and 9k respectively to the card on different dates. Well 6 days after my 14k payment was the weekend it didn't work, and it was because I was over my limit because my payment didn't "clear" even though the money was already withdrawn from my account and in Chases possession. Payment was made on a Tuesday and the card started declining on Saturday. The saga continues, we will see if it gets better.
What's the categories you have to use this on? Does it include paying for distributors (ingram , synnex, dandh etc...) and Microsoft Azure/office 365 licenses? Trying to find a card that will accept distributors and Microsoft.
Reply
Joined Sep 2007
L6: Expert
> bubble2 1,797 Posts
1,455 Reputation
ericfw
12-17-2023 at 06:23 PM.
12-17-2023 at 06:23 PM.
Quote from Acturbo :
This card is brutal for an actual business owner that spends a lot. I got this card last month and I have had to call them about 7 times to "unlock" my card because of my spending habits. Card was declined and useless for an entire weekend and no one on Chase end could help or do anything to unlock it. As I found out, I had a 44k limit, made some purchases paid 14k and 9k respectively to the card on different dates. Well 6 days after my 14k payment was the weekend it didn't work, and it was because I was over my limit because my payment didn't "clear" even though the money was already withdrawn from my account and in Chases possession. Payment was made on a Tuesday and the card started declining on Saturday. The saga continues, we will see if it gets better.
Looks like Chase doesn't allow to make purchases over the credit line in one billing cycle even you pre-pay the balance before the end the of billing cycle.
Reply
Joined Oct 2006
L17:Black Mage
> bubble2 1,053 Posts
200 Reputation
Acturbo
12-18-2023 at 04:08 PM.
12-18-2023 at 04:08 PM.
Quote from stxl :
What's the categories you have to use this on? Does it include paying for distributors (ingram , synnex, dandh etc...) and Microsoft Azure/office 365 licenses? Trying to find a card that will accept distributors and Microsoft.
I apologize. I actually have the Chase Business Premier not the Preferred.

If its the same then categories dont matter. Mine is 2% CB on all purchases and 2.5% CB on purchases 5k or greater.

My bonus was $1,000 after 10k spent in the first 3 months.

My fault guys, card names too darn similar LMAO
Reply
Last edited by Acturbo December 18, 2023 at 04:11 PM.

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Joined Dec 2009
L6: Expert
> bubble2 1,130 Posts
109 Reputation
stxl
12-18-2023 at 07:32 PM.
12-18-2023 at 07:32 PM.
Quote from Acturbo :
I apologize. I actually have the Chase Business Premier not the Preferred.

If its the same then categories dont matter. Mine is 2% CB on all purchases and 2.5% CB on purchases 5k or greater.

My bonus was $1,000 after 10k spent in the first 3 months.

My fault guys, card names too darn similar LMAO
Can you exchange the points for gift cards for the chase business premier? Do the points expire?
Reply
Joined Nov 2003
L3: Novice
> bubble2 110 Posts
45 Reputation
jbnite
12-19-2023 at 07:24 AM.
12-19-2023 at 07:24 AM.
People also offer an additional bonus of $200 on eBay to open this card, I did that to sweeten the deal. This is a great card.
Reply
Joined Oct 2006
L17:Black Mage
> bubble2 1,053 Posts
200 Reputation
Acturbo
12-19-2023 at 04:16 PM.
12-19-2023 at 04:16 PM.
Quote from stxl :
Can you exchange the points for gift cards for the chase business premier? Do the points expire?
Points do not expire as long as your account is still open and in good standing.

Yes you can exchange points for gift cards instead of cash.
Reply
Joined Oct 2023
L2: Beginner
> bubble2 36 Posts
14 Reputation
BoastfulCable7660
12-19-2023 at 05:53 PM.
12-19-2023 at 05:53 PM.
Quote from jbnite :
People also offer an additional bonus of $200 on eBay to open this card, I did that to sweeten the deal. This is a great card.

How does that work and how can you verify that? Like, How do you know person will even send you the $200?
Reply
Joined Feb 2008
L7: Teacher
> bubble2 2,108 Posts
194 Reputation
pcman2000
12-19-2023 at 06:12 PM.
12-19-2023 at 06:12 PM.
Sorry but 2K more spend with $95 fee for 100K points not seeing the value vs the other cards.
Reply
Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
4,338 Reputation
Knightshade
12-20-2023 at 06:43 AM.
12-20-2023 at 06:43 AM.
Quote from pcman2000 :
Sorry but 2K more spend with $95 fee for 100K points not seeing the value vs the other cards.
Which other cards? Further the game is to be constantly opening new cards at whatever rate you can comfortably handle the spend so the more options the better. (ESPECIALLY business cards that don't show on your personal report)
Reply
Joined Dec 2012
L5: Journeyman
> bubble2 534 Posts
30 Reputation
JayC3270
12-20-2023 at 06:55 AM.
12-20-2023 at 06:55 AM.
Somehow my other chase business cards do not appear my credit report. Will apply this card trigger hard credit pull and be reported to my personal credit?
Reply

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Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
4,338 Reputation
Knightshade
12-20-2023 at 08:05 AM.
12-20-2023 at 08:05 AM.
Quote from JayC3270 :
Somehow my other chase business cards do not appear my credit report. Will apply this card trigger hard credit pull and be reported to my personal credit?

Chase business cards never appear on your personal report (neither do most other banks biz cards though there are excpetions)

That said- the hard pull DOES appear-- just not the new account (if approved)
Reply
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