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BAM! 80k Chase Ink Business Preferred coming soon!
Here’s a ditty about Chase and Amex, two American banks tryin’ to win the heartland. I’m from Indiana so peeling off John Mellancamp melodies is in my blood. This battle, which Chase is winning, is certainly reaping its rewards ( heh heh) for us consumers. The Chase Ink Business Preferred has been widely reported across the ethos, but the story was originally reported on Bloomberg. And I’m falling on the ” this is a win” rather than the pessimistic side of this debate. But MY GOODNESS! Another big time sign up bonus from Chase?! It’s just body blow after body blow to Amex, and Chase has landed another with the 80k Chase Ink Business Preferred coming soon!
80k sign up mood:
The Deets from the Bloomberg
- 80k Bonus after 5k spend
- We don’t know the release date yet
- First $150k earns 3x on Travel, travel, telecommunications (Internet, Phone, Cable), shipping and advertising on social-media and search engines
- For Travel, The Points Guy reports, that this applies to Flights, Hotels, Taxis, Trains
- It may or may not replace the Ink Plus (but the leading thought is it will)
- Consensus is 5/24 will be at play here although nothing confirmed (it does apply to Ink Plus and Ink Cash)
My Quick Thoughts
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Time to get an Ink Plus if you haven’t done so yet and are under 5/24, are Chase Private Client, or are pre-approved in branch.
- The Ink Plus earns 5x on telecommunications and office supply stores up to $50k a year. 5x earning for all phone bills, cable, and internet is an amazing earn rate. There is a 70k in branch offer right now that, if I could, I would seize. No one ones if this card is going away, but I’d hedge my bet, and get one to be safe.
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3x category bonus earning, up to $150k, is incredible.
I know a lot of business owners out there that spend a lot of money in those categories. Especially social media. The Chase Ink Business Preferred is a no-brainer for them.
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80,000 bonus points gets you a lot! The sign up bonus, alone, is worth it.
I spent 80k Singapore Air Krisflyer miles to book a $10k Lufthansa First Class ticket a couple weeks ago. It was absolutely incredible. Since Singapore Air is a transfer partners of Chase…when this bad boy hits the market you can book it too, with just this one sign up bonus.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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