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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

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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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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 2012
L4: Apprentice
> bubble2 396 Posts
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BlueJoke42
12-28-2023 at 10:23 AM.
12-28-2023 at 10:23 AM.
Quote from mcali786 View quoted comment :
Wait What! LOL For real? I was told you could only hold one card product of chase at a time! Unless I'm mixing it with some other bank.

Yes you can hold multiple Ink cards as opposed to personal cards which you cannot. Also side note, check PMs. Thank you!
Reply
Joined Sep 2009
L10: Grand Master
> bubble2 15,364 Posts
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Knightshade
12-28-2023 at 01:08 PM.
12-28-2023 at 01:08 PM.
Quote from Double4Free View quoted comment :
Yes you can hold multiple Ink cards as opposed to personal cards which you cannot. Also side note, check PMs. Thank you!

You can absolutely hold multiple personal cards- many people have more than one Chase Freedom for example so as to have more than a single $1500 5x cap per quarter.

You can't usually OPEN a "same" card as something you have, but you can often product change into a second one... (my second freedom was originally a CSP for example).
Reply
Joined Jan 2013
L4: Apprentice
> bubble2 445 Posts
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seahawks2112
12-28-2023 at 11:04 PM.
12-28-2023 at 11:04 PM.
Is the annual fee charged on your first statement?
Reply
Joined Mar 2012
L5: Journeyman
> bubble2 890 Posts
38 Reputation
lleung1980
12-29-2023 at 03:11 PM.
12-29-2023 at 03:11 PM.
Can you apply for a duplicate ink card to get double bonus?
Reply
Joined Nov 2010
L8: Grand Teacher
> bubble2 3,437 Posts
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Pro
Elon69
01-01-2024 at 10:25 AM.
01-01-2024 at 10:25 AM.
Is there any annual fee?
Reply
Joined Dec 2008
L6: Expert
> bubble2 1,474 Posts
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jennifer2084
01-01-2024 at 11:07 AM.
01-01-2024 at 11:07 AM.
I am looking through the comments and can't find this... I may be missing it. If I have the premier, can I get the preferred? Actual business here and we spend a lot of money. I would love to get the points but we just go t the premier about six months ago.
Reply
Joined Dec 2013
L3: Novice
> bubble2 185 Posts
39 Reputation
QimiTC
01-02-2024 at 12:38 AM.
01-02-2024 at 12:38 AM.
Quote from jennifer2084 View quoted comment :
I am looking through the comments and can't find this... I may be missing it. If I have the premier, can I get the preferred? Actual business here and we spend a lot of money. I would love to get the points but we just go t the premier about six months ago.

Yes u can. How do I know? I have 5 business ink cards and just got the premier.
Reply

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Joined Oct 2008
L3: Novice
> bubble2 229 Posts
229 Reputation
tomtexas
01-02-2024 at 01:47 PM.
01-02-2024 at 01:47 PM.
If you fly United, the United Explorer card is a good deal.

I got 65,000 bonus miles for spending $3,000 in the first 3 months. You might have to be a Mileage Plus member to get the 65,000 bonus mile offer.

Plus all kinds of other perks. No annual fee for the first year.

https://www2.theexplorercard.com/...lorer-card
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Joined Apr 2020
L2: Beginner
> bubble2 51 Posts
Agile-Process
01-02-2024 at 11:22 PM.
01-02-2024 at 11:22 PM.
Quote from jennifer2084 View quoted comment :
I am looking through the comments and can't find this... I may be missing it. If I have the premier, can I get the preferred? Actual business here and we spend a lot of money. I would love to get the points but we just go t the premier about six months ago.
Yes. I have several Chase business cards. You can even get multiples of the same card.
Reply
Joined May 2009
L3: Novice
> bubble2 241 Posts
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SumPra
01-03-2024 at 08:13 AM.
01-03-2024 at 08:13 AM.
How do you guys cancel with in a year to avoid the fee?
Reply
Joined May 2009
L3: Novice
> bubble2 241 Posts
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SumPra
01-03-2024 at 08:16 AM.
01-03-2024 at 08:16 AM.
How do you guys cancel it within a year to avoid the annual fee? Thank You.
Reply
Joined Feb 2011
L7: Teacher
> bubble2 2,244 Posts
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bru_that
01-03-2024 at 09:32 AM.
01-03-2024 at 09:32 AM.
Quote from SumPra View quoted comment :
How do you guys cancel it within a year to avoid the annual fee? Thank You.
Wait until one full year has passed since approval, then cancel (or downgrade to a $0 fee card). Or to make it even simpler, wait until the year 2 annual fee posts to your account, then close or cancel (since you have 30 days after the fee posts to downgrade/cancel and not be responsible for the fee).
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Joined Dec 2006
L5: Journeyman
> bubble2 780 Posts
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GrummanPilot99
01-05-2024 at 08:18 AM.
01-05-2024 at 08:18 AM.
Quote from SumPra View quoted comment :
How do you guys cancel it within a year to avoid the annual fee? Thank You.

That's what I thought I would do but I researched it and it's bad practice to cancel within the first year. Like the commenter above mentioned, you need to wait for the second annual fee to post before canceling. Or else you might get blacklisted if you make a habit of it
Reply
Joined Dec 2007
L5: Journeyman
> bubble2 822 Posts
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tennislover1234
01-09-2024 at 06:12 PM.
01-09-2024 at 06:12 PM.
As soon as I received it and made an account to login, I noticed a $95 annual fee already been added. Talked to customer service to waive and they could not.

Is this the experience of everyone who is using this card?
Reply

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Joined Sep 2009
L10: Grand Master
> bubble2 15,364 Posts
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Knightshade
01-09-2024 at 06:37 PM.
01-09-2024 at 06:37 PM.
Quote from tennislover1234 View quoted comment :
As soon as I received it and made an account to login, I noticed a $95 annual fee already been added. Talked to customer service to waive and they could not.

Is this the experience of everyone who is using this card?

Why did you think they'd waive it?
Reply
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