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*as of 5/24/2020 this deal is dead – I’ll update if this changes, but is it just me or is it ironic it’s dead on 5/24?
Prior to considering the Chase Ink Business Preferred – I’d highly consider that banks have tightened lending requirements on business cards. More info can be read here, but often times they now require EINs or business banking being done with the bank directly.
Earlier this year, Chase announced a 100k offer on the Ink Business Preferred, but with a caveat: $15k minimum spend in 3 months. I’ve had many readers express their inability to hit the higher spend, especially with the current economic situation, and good news… The referral is still hanging in at the lower 80k/$5k offer. You can also add your referrals to our main Chase referral page. FYI -I make no money off of this, but rather referral points if you’re approved.
I want to note… I have no idea how long this will last at this level – so if you’re interested I would act sooner than later.
Here’s how it works with our site and how you can earn referrals
Referral offers is how I make upwards of 500k points a year, but it’s also how I can help you out. Since I’m constantly trying to use points on my travel for the site, I cycle through my referrals first. I then work my friends and family through the site, and finally, I start adding your links that you leave below. I leave them up for a few weeks and then cycle in another one.
Yes, this card is restricted by Chase’s 5/24 rule. However, it doesn’t add to your number since it isn’t reported to your credit profile.
Why I love The Chase Ink Business Preferred
This has been a go-to for many of my travel expenses because it earns 3x and has a generous categorization of travel. Other cards may earn higher on flights or hotels, but the Chase Ink Business Preferred gives you 3x on a broad array of travel related purchases:
Merchants in the travel category include airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages. Merchants that provide transportation and travel-related services are not included in this category; for example, real estate agents, educational merchants arranging travel, in-flight goods and services, on-board cruise line goods and services, sightseeing activities, excursions, tourist attractions, boat rentals, merchants within hotels and airports, and merchants that rent vehicles for the purpose of hauling. The purchasing of gift cards, points or miles do not qualify in this category unless the merchant has set up such purchases to be classified in the travel category.
It also comes with all of these benefits:
Chase Ink Business Preferred Benefits
1) 100k point welcome bonus after $15k spend in 3 months
2) 3x on first $150k spent on
Phone, Cable, Internet
Social Media/Search advertising
3) 1x on all other purchases
4) Cell Phone Insurance
5) No Foreign Transaction fees
6) Add additional employee cards
7) Redeem at 1.25c for travel with Chase Travel
8) $95 annual fee
Here are 5 of my favorite ways to use Chase Ultimate Rewards at high value
Transfer to Hyatt to stay at Aspirational properties like the Alila Villas Uluwatu
Lufthansa First Class via Singapore Airlines or United
It now costs 95k Singapore miles, which is quite steep, but Singapore miles are one of the easiest currencies to accrue as they partner with all 4 major flexible point programs ( SPG, Chase, Citi, and Chase). Additionally, Singapore has comparatively low change fees, meaning you can book into business class as a backup, and when Lufthansa releases space ( roughly 14 days ahead of departure) swoop in. Alternatively, if you see space avail, and are willing to fork out a few more miles, but avoid fees – you can redeem 110k United for the same award.
Singapore Suites via Singapore Airlines
For 76k Singapore miles you can fly from JFK to FRA or vice versa, and experience one of the most aspirational first class experiences in the sky, Singapore Suites. It’s truly incredible. You can read our review here
If you’re flying intra-Asia, specifically between Delhi/Bombay/Shanghai/Beijing you can land the new suites for just 53k. Those are 5hr+ flights. Wanna get a quick taste? Just over 40k will put you on it from SIN to HKG
68k Roundtrip Business Class to Europe with Iberia Avios
One of the great spots on Iberia’s award chart is flying business class from Chicago/East Coast to Madrid on Iberia’s own lie-flat business class. I did this last New Year’s and it’s an incredible value.
Transfer to Air France for sweet-spot biz redemptions 52k-67.5k
Air France offers a great reverse herringbone business class that you can find on their 772, 773s, some A330s, and eventually on their A380s. You’ll be hard pressed for find a better way to fly across the pond which is why we chose it to fly home last year.
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This is an amazing premium card offering a stand out welcome offer that could earn you 225k points! Our favorite perk is the oustanding 10x bonus points on gas and groceries for 6 months and up to $15k spend! It’s pumped full of perks and travel benefits we love.
♥ Earn 75k points welcome offer after spending $5000 in 6 months
♥10x on gas and groceries, up to $15k, for first 6 months of card membership
♥5x flights booked via Amex Travel and directly with airlines
♥Amazing annual credits: $200 Uber credits, $200 Airline incidental fees, and $100 Saks Fifth Avenue credit
♥Comped Hotel Status: Marriott Gold + Hilton Gold
♥Over 20 transfer partners to achieve aspirational flights and hotel redemptions