The Chase Ink Business Preferred Credit Card is an excellent choice for small business owners looking for generous rewards and exclusive benefits.
With an attractive sign-up bonus, this card is ideal for businesses that spend on categories such as travel, social media advertising, internet services, and telecommunications.
It offers valuable points through the Chase Ultimate Rewards program, which can be redeemed for a variety of options, including travel, merchandise, and account credits.
With 3 points per dollar spent on select categories like travel and digital marketing, and 1 point per dollar on other purchases, the card offers flexibility and great opportunities to accumulate points.
Additionally, the 100,000-point bonus after spending $15,000 in the first 3 months can be a strong incentive for business owners ready to invest in their company.
About the Financial Institution
Chase is one of the largest and most trusted financial institutions in the United States, with over 200 years of experience in the banking industry.
JPMorgan Chase & Co. offers a wide range of financial products, from checking and savings accounts to credit cards and business loans.
Known for excellence in customer service, Chase has a solid reputation for innovation and reliability.
Additionally, customers of the Chase Ink Business Preferred Credit Card benefit from one of the largest networks of ATMs and bank branches across the country, making it even easier to manage their finances.
Who Is This Card For?
The Chase Ink Business Preferred Credit Card is perfect for small business owners or self-employed individualswho want to maximize their rewards with a business credit card.
It is ideal for those who spend significantly on travel, digital marketing, business software, and telecommunications, as the card offers a great opportunity to quickly accumulate points.
If you’re looking to invest in your business growth while enjoying the benefits of a high-quality rewards program, this card is a great choice.
This card is particularly advantageous for entrepreneurs who have substantial monthly expenses in bonus categories like airfare, car rentals, and online advertising, as each of these categories earns 3 points per dollar.
Card Advantages
- Points Accumulation: The Chase Ink Business Preferred® Credit Card offers 3 points per dollar on up to $150,000 spent annually in categories like travel, social media marketing, and internet services. This allows you to accumulate points quickly in key areas for many businesses.
- Sign-Up Bonus: New cardholders can earn up to 100,000 points after spending $15,000 in the first 3 months of account opening, which can be worth up to $1,250 in travel through the Chase Ultimate Rewards® program.
- Foreign Transaction Fee Waiver: One of the most attractive benefits for those who travel internationally is the waiver of foreign transaction fees, a significant advantage compared to other cards that charge additional fees for purchases abroad.
- Insurance and Protection Coverage: The card provides benefits like purchase protection, car rental insurance, and extended warranty, along with fraud protection and transaction monitoring.
Additional Benefits
- Access to Ultimate Rewards®: Earn and redeem points for a wide range of options, including travel, merchandise, and gift cards. Points can also be transferred to airline mileage programs and hotel partners, offering more flexibility and value.
- Easy Management: The Chase Ink Business Preferred® Credit Card offers online tools and an app to manage business expenses, categorize purchases, and track point balances.
- Customer Support: With the trust and support of Chase, cardholders can rely on dedicated customer service, assistance with transaction disputes, and a fast and accessible support system.
- Business-Specific Benefits: The Chase Ink Business Preferred® Credit Card is designed specifically for businesses, offering features that cater to the needs of business owners. For example, it provides employee cards at no additional cost, allowing you to track employee spending separately and easily manage business expenses. The ability to set spending limits on employee cards can help with controlling costs.
Fees and charges
Late Payment: Up to $40;
Returned payment: Up to $40;
● APR: 20.24% - 26.24%;
● Balance Transfer Fee: either $5 or 5% of the amount of each transfer;
● Cash Advance: either $15 or 5% of the amount of each transaction.
Expert review
The Chase Ink Business Preferred® Credit Card is an excellent choice for business owners looking to maximize their rewards.
With 3 points per dollar in categories like travel, digital marketing, and internet, it offers an efficient way to accumulate points.
The sign-up bonus of 100,000 points after spending $15,000 in the first 3 months is a significant incentive.
With no foreign transaction fees and benefits like purchase protection and travel assistance, the card provides flexibility, value, and security, making it a strong choice for growing businesses.
You will remain on this site
+Positive points
- Generous Sign-Up Bonus: Earn up to 100,000 points after spending $15,000 in the first 3 months.
- High Points Earning: Earn 3 points per dollar on categories like travel, digital marketing, and internet services.
- No Foreign Transaction Fees: Ideal for international travel with no additional charges on overseas purchases.
- Protection Benefits: Includes purchase protection and extended warranty on items bought with the card.
- Points Transfer: Transfer points to airline and hotel loyalty programs for greater flexibility.
- Negative points
- Annual Fee: The card has a $95 annual fee, which may not be ideal for all business types.
- High Spending Requirement for Bonus: The $15,000 spending requirement for the sign-up bonus can be challenging for some small businesses.
- Limited Bonus Categories: The card offers 3 points per dollar only in specific categories, which may limit points accumulation on other purchases.
