Chase is temporarily offering a massive 100,000 bonus points on the Ink Business Preferred® Credit Card, making it an excellent time for business owners to apply. To qualify, you must spend $8,000 on purchases within the first three months of opening the account.
Why This Offer Matters 💡
This is a significant incentive because the points earned can be redeemed for high-value travel, hotel stays, or cash back. The card’s annual fee is $95, but the rewards structure and this bonus can easily offset that cost. The bonus is especially attractive for those who frequently use business expenses and can hit the spending threshold quickly.
How to Maximize the Points ✈️🏨
The points earned can be transferred to several airline and hotel partners, including:
- Airline Alliances: United, British Airways, Air France, and more.
- Non-Alliance Airlines: Southwest, JetBlue.
- Hotel Chains: Hyatt, Marriott, IHG.
This flexibility lets you tailor rewards to your preferences. For example, 100,000 points can cover a portion of a business class flight or several nights in a high-end hotel.
Spending Rewards Structure 💰
The Ink Business Preferred card offers 3x points per dollar on the first $150,000 spent annually in categories like:
- Travel
- Shipping
- Internet, cable, and phone services
- Advertising with search engines and social media
This means that everyday business expenses can quickly add up to substantial rewards.
Eligibility and Restrictions ⚠️
Chase may limit bonus eligibility to one per lifetime. If you have previously held this card, you might not be eligible for the bonus. Additionally, while the card hasn’t traditionally counted towards the “5/24” rule (opening five or more cards in 24 months), approval is never guaranteed, especially given current credit market conditions.
The Bottom Line 🏁
This is a rare opportunity to earn a substantial bonus on a business credit card with strong ongoing rewards. If you meet the spending requirement and are eligible, now is an ideal time to apply for the Ink Business Preferred card before the offer expires.
