- Ink Business Preferred® Credit Card cardholders can earn a welcome offer of 90,000 points after spending $8,000 in the first three months after account opening.
- Ink Preferred’s Ultimate Rewards® points are worth 1.25 cents each when redeemed through Chase Travel℠, so this offer is worth $1,125 toward travel or $900 in cash back.
- Ink Business Preferred has a low $95 annual fee.
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Ink Business Preferred® Credit Card's Current Welcome Bonus
Ink Business Preferred® Credit Card sign-up offer
With one of the most lucrative credit card sign-up bonuses available, the Ink Business Preferred® Credit Card is a powerhouse for business owners who can meet the offer’s spending requirements.
New cardholders can earn a welcome bonus of 90,000 Chase Ultimate Rewards points after spending $8,000 in the first three months after opening their account.
This bonus would require users to spend over $2,600 monthly to achieve, which is no small feat but far more doable than the bonus on some other business credit cards. Despite its moderate spending requirement, this card’s sign-up offer is more valuable than many cards.
This is one of the three Chase credit cards (alongside the Chase Sapphire Preferred® Card and Chase Sapphire Reserve®) with a higher point redemption rate through Chase Travel℠.
While most Ultimate Rewards earning cards hold the standard 1-cent per point rate all around, the Ink Preferred boasts a 1.25-cent rate for travel booked through the Chase Travel platform. This means the 90,000-point bonus is worth $1,125 through Chase Travel℠ or $900 when redeemed for cash back.
Advertiser Disclosure
Best for earning rewards on traditional business purchases + travel
Ink Business Preferred® Credit Card
Up to 3X Reward Rate
Earn 3 points per $1 on the first $150,000 spent in combined purchases in select categories each anniversary year, and earn 1 point per $1 on all other purchases.
Annual Fee
$95
Welcome Offer
90,000 points
Regular APR
21.24% to 26.24% variable
Recommended Credit
Good/Excellent (670 - 850)
Why we like it
The Ink Business Preferred Card has a generous welcome bonus worth $1,125 when redeemed for travel through Chase Travel, especially great considering its low $95 annual fee.
Earning rewards on the Ink Business Preferred®
While spending the $8,000 required to earn the bonus, you’ll earn additional points on your purchases.
Here’s how the Ink Business Preferred® Credit Card earns:
- 3 points per dollar on social media and search engine advertising purchases
- 3 points per dollar on internet, cable and phone services
- 3 points per dollar on travel purchases
- 3 points per dollar on shipping purchases
- 1 point per dollar on all other eligible purchases
The 3X rate only applies to the first $150,000 in combined purchases within these categories per year. Once you meet that threshold, rewards drop to 1 point per dollar.
Let’s say you manage to keep all of your $8,000 in purchases within the 3X point categories. You’d rack up an additional 24,000 Ultimate Rewards points on top of the 90,000 points you’ll earn from the welcome bonus, for a grand total of 114,000 points. This would equal $1,425 when redeemed for travel through Chase Travel.
Redeeming rewards on the Ink Business Preferred®
Since this card earns best-in-class Chase Ultimate Rewards points, cardholders have unmatched flexibility when redeeming them.
Some ways to redeem your points include:
- Travel through Chase Travel℠ (worth 1.25 cents per point with this card)
- Transferring to Chase’s travel partners (variable value, but highest potential)
- Cash back / statement credits (worth 1 cent per point)
- Gift cards (worth 1 cent per point)
- Amazon Shop With Points (worth 0.8 cents per point)
- Chase Dining or Experiences (variable value)
▶︎ Learn more: Chase Ultimate Rewards Guide
Additional perks of the Ink Business Preferred® card
With the Ink Business Preferred, cardholders can also benefit from perks such as:
- Trip cancellation/trip interruption insurance
- Baggage delay insurance
- Lost luggage insurance
- Roadside Dispatch®
- Auto rental collision damage waiver
- Free employee cards
- Employee account alerts
- Bookkeeping integrations
- Purchase protection
- Extended warranty protection
- Cell phone protection
Alternatives to the Ink Business Preferred Card
Other Ink Business cards
Chase offers three other Ink Business cards: the Ink Business Cash® Credit Card, Ink Business Premier® Credit Card and Ink Business Unlimited® Credit Card.
Here’s a recap of the Preferred, plus some quick details on each alternative:
Ink Business Preferred® Credit Card
- Annual fee: $95
- Welcome bonus: Earn 90K bonus points after spending $8,000 in the first three months after account opening.
- Rewards: Earn 3 points per $1 on the first $150,000 spent in combined purchases in select categories each year, and earn 1 point per $1 on all other purchases.
Ink Business Cash® Credit Card
- Annual fee: $0
- Welcome bonus: Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.
- Rewards: Earn 5% cash back on up to $25,000 spent in select business categories per year and earn 2% cash back on up to $25,000 spent at gas stations and restaurants per year. Earn 1% cash back on all other purchases.
Ink Business Premier® Credit Card
- Annual fee: $195
- Welcome bonus: Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
- Rewards: Earn unlimited 5% cash back on travel purchased through Chase Travel℠, 2.5% cash back on purchases of $5,000 or more, and 2% cash back on all other business purchases.
Ink Business Unlimited® Credit Card
- Annual fee: $0
- Welcome bonus: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.
- Rewards: Earn unlimited 1.5% cash back on all purchases made for your business.
If none of these cards strike your fancy, check out our top picks for:
About the Author
Jaiden Hart serves as a credit card writer and content manager at LA Times Compare. Beginning her career as an intern on the Compare team, she has since amassed considerable expertise and passion in the credit card industry.
Jaiden’s primary objective is to simplify the process of choosing and managing a credit card through engaging and honest content so individuals can more effectively maximize their benefits and meet their financial goals.
* Opinions expressed here are those of the LA Times Compare Cards Team and have not been reviewed or approved by any advertiser or entities included within this content. See our editorial policy for more details.
All products or services are presented in this content without warranty. The information, including card details such as rates and fees, is accurate at the time of publish. Please visit each bank's website directly for the most current information.