Ink Business Preferred® Credit Card
Table of Contents
Signup bonus:
The Chase Ink Preferred Card is offering a whopping signup bonus of 100,000 Chase Ultimate Rewards points for opening the card and spending $8,000 in 3 months. Those points are worth a minimum of $1,000 cash back or $1,250 towards paid travel, but they can be worth much more as shown below.
Previously this card required $15,000 in spending to earn a signup bonus!
No other card offers that many Chase Ultimate Rewards points for signing up. The next closest are the Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card at $750 cash back in the form of 75,000 points for spending $6,000 in 3 months.
Annual fee:
There is a $95 annual fee for the primary card and no annual fee for additional cardholders.
How to apply, Business card and 5/24 info:
This is a business card, but you may already have a business that needs a card to keep track of expenses. For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can open a business credit card for “Joe Smith” as the business. You don’t need to file any messy government paperwork to be allowed to do that. Just be sure to select “Sole Proprietorship” as the business type and then switch the Tax Identification field from Employer Identification number to social security number and use your personal social security number.
If you have business paperwork you can apply under your business name. Otherwise, it’s critical to just write your own name as the business name if you are just applying for your own small business as a Sole Proprietorship that doesn’t have any business paperwork. You can then send in bills in your own name for verification.
If you’re like me and you run more than one business, you can signup for multiple of the same card for each business to manage each businesses expenses separately.
Some Chase cards are subject to 5/24 restrictions, meaning that you might not be approved if you have been approved for 5 or more consumer credit cards in the past 24 months. Enforcement of 5/24 has been patchy for the past year and the only way to know if you can get approved is by trying to apply.
Note that the Chase system automatically counts cards like authorized user cards and store cards as cards that count towards 5/24, but if you explain to Chase that those cards are merely authorized user cards or store cards they can manually approve you for a new card.
You can check your credit report for free at the federally authorized annualcreditreport.com to check how many accounts are shows as being open in the past 24 months.
It’s important to note that business cards from most banks, including Chase business cards, do not get added to your 5/24 count of recently opened cards. That’s because business cards from most banks don’t show up on your personal credit report and the 5/24 count is based off of your personal credit report. That means that applying for these cards won’t “hurt” your 5/24 count.
Another benefit of the card not reporting on your personal credit report is that when you spend money on personal cards your credit score will be hurt even if you pay your bill on time. A whopping 30% of your credit score is based on credit utilization. You can pay off your card bill before your statement is generated to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On an business cards from banks like AMEX and Chase it’s just not reported, so you can wait until the money is due without it having a negative effect on your score. That also means if you close the card, it won’t have an effect on your credit score.
Card earnings:
- 3 points per dollar on travel, including airfare, hotels, car rentals, cruises, subways, trains, taxis, tolls, parking, Airbnb, Lyft, Uber, etc.
- 3 points per dollar on internet, cable, and phone services. This includes streaming services like Netflix and more.
- 3 points per dollar on shipping purchases.
- 3 points per dollar on search engine and social media advertising.
- Max of $150,000 of annual spending in bonus categories.
- 1 point per dollar elsewhere.
- There are no foreign transaction fees.
Spend Threshold:
You’ll need to spend $8,000 on this card within 3 months.
You can pay your federal taxes for a 1.82% fee.
My local natural gas company allows me to prepay up to $1,000 on a credit card for a $1.65 flat fee. That’s a great way to earn miles and help meet a spend threshold. My electricity supplier allows me to pay with a credit card for free as long as I am enrolled in autopay.
Cell Phone Protection:
If you pay your cell phone bill on the card you cell phone will be insured from damage, theft, or involuntary and accidental parting until the end of the calendar month following the payment.
This benefit covers claims up to $1,000 and there is a $100 deductible for claims. You do not need to pay for the phone on this card to file a claim.
You can file up to 3 claims per 12 month period.
This card offers triple points for cell phone bills, making it a good value for your monthly bill thanks to the insurance.
Other card benefits:
- Primary rental car CDW insurance in every country, when the rental is for business purposes.
- Primary rental car CDW insurance in every country outside of the US, when the rental is for personal purposes. Rentals without a business purpose in the US have secondary coverage.
- Extended warranty adds a year of coverage, up to $10,000 per claim.
- Purchase protection for items damaged or stolen within 120 days, up to $10,000 per claim.
- Trip Delay Reimbursement covers $500 per person for reasonable expenses (Hotel, food, toiletries, medicine, etc) required for delays more than 12 hours.
- Trip Cancellation/Trip Interruption Insurance covers $5,000 per trip or $10,000 per trip with multiple travelers.
- Travel Accident Insurance covers $500,000 per person.
- Lost Luggage Insurance covers $3,000 per person per trip (limit of $500 per person for jewelry, watches, electronics)
- Baggage Delay Reimbursement covers $100 per day per person (max of 5 days) for essential items needed (Clothing, toiletries, charger, etc) for delays more than 6 hours.
Increased points value:
If you or someone in your household has an Ink Preferred Card you can redeem Chase Ultimate Rewards points earned from any card at a value of 1.25 cents towards paid travel.
If you or someone in your household has a Chase Sapphire Reserve® you can get a value of 1.5 cents per point towards paid travel. That makes the signup bonus worth at least $1,500 towards travel.
Airline and hotel points transferability:
If you or someone in your household has an Ink Preferred Card you can transfer Chase Ultimate Rewards points into valuable airline and hotel mileage currencies.
Product changes options:
You can call Chase to convert between an Ink Preferred Card to either of the following cards:
- Ink Cash Card ($0 annual fee)
- Ink Unlimited Card ($0 annual fee)
Note that some reps will only allow card conversions after you have had the card for 12 months.
Those cards also have strong benefits.
The Ink Cash Card earns 75K points, which is marketed as $750 cash back, after spending $6,000 in the first 3 months, 5 points per dollar on $25K/year in annual cable, internet, phone, and office supply purchases, plus 2 points per dollar on $25K in annual dining and gas purchases.
The Ink Unlimited Card earns earns 75K points, which is advertised as $750 cash back, after spending $6,000 in the first 3 months, plus 1.5 points per dollar everywhere.
However those no annual fee cards cant transfer points into airline miles or hotel points without a Chase Ultimate Rewards card that has an annual fee. Plus they don’t get a bonus for travel redemptions.
Ultimate Comparison Chart Of Chase Ultimate Rewards Cards
| Freedom Flex | Chase Freedom Unlimited® | Chase Sapphire Preferred® Card | Chase Sapphire Reserve® | Ink Business Cash® Credit Card | Ink Business Unlimited® Credit Card | Ink Business Preferred® Credit Card | |
|---|---|---|---|---|---|---|---|
| Signup bonus | 20K points for spending $500 in 3 months | 1.5 bonus Chase Ultimate Rewards points per dollar within 12 months on up to $20K of spending. | 60K points for spending $4,000 in 3 months | 60K points for spending $4,000 in 3 months | Earn 35K points when you spend $3,000 on purchases in first 3 months, and an additional 40K points when you spend $6,000 on purchases in the first 6 months | 75K points for spending $6,000 in 3 months. | 100K points for spending $8,000 in 3 months. |
| Annual Fee | $0 | $0 | $95 | $550 | $0 | $0 | $95 |
| Additional Cardholder Fee | $0 | $0 | $0 | $75 | $0 | $0 | $0 |
| Allows you to transfer Chase points from any card to airline miles | No | No | Yes | Yes | No | No | Yes |
| Annual Travel Credit (Airfare, hotels, car rentals, Uber, etc) | $0 | $0 | $0 | $300 | $0 | $0 | $0 |
| Annual Hotel Credit booked through Chase Travel | $0 | $0 | $50 | $0 | $0 | $0 | $0 |
| 10% Anniversary points bonus | No | No | Yes | No | No | No | No |
| $100 Global Entry/Pre-Check Fee Refund | None | None | None | Once every 4 years for Primary cardholder | None | None | None |
| Instacart Credit | $10 quarterly credit | $10 quarterly credit | $15 quarterly credit | $15 monthly credit | None | None | None |
| Instacart+ Membership | 3 free months | 3 free months | 6 free months | 12 free months | None | None | None |
| Doordash Credit | None | None | None | $5 monthly credit, stack up to $15 | None | None | None |
| Doordash Dashpass Membership | 3 free months | 3 free months | Free through 12/31/24 | Free through 12/31/24 | None | None | None |
| Priority Pass membership | None | None | None | Primary and secondary cardholders can bring 2 guests into a lounge | None | None | None |
| Value of points towards paid airfare, hotels, car rentals, cruises, and activities | 1 cent | 1 cent | 1.25 cents | 1.5 cents | 1 cent | 1 cent | 1.25 cents |
| Chase Pay Yourself Back | None | None | None | Redeem points at a value of 1.25 cents on rotating categories | None | None | None |
| Points earned on everyday spending | 1 per dollar | 1.5 per dollar | 1.1 per dollar | 1 per dollar | 1 per dollar | 1.5 per dollar | 1 per dollar |
| Points earned on travel (Airfare, hotels, car rentals, Uber, etc) | 1 per dollar (5 during bonus quarters) | 1.5 per dollar | 2.1 per dollar | 3 per dollar | 1 per dollar | 1.5 per dollar | 3 per dollar ($150K cap) |
| Points earned on air travel booked via Chase Travel | 5 per dollar | 5 per dollar | 5.1 per dollar | 5 per dollar | 1 per dollar | 1.5 per dollar | 3 per dollar ($150K cap) |
| Points earned on non-air travel booked via Chase Travel | 5 per dollar | 5 per dollar | 5.1 per dollar | 10 per dollar | 1 per dollar | 1.5 per dollar | 3 per dollar ($150K cap) |
| Points earned on dining | 3 per dollar | 3 per dollar | 3.1 per dollar | 3 per dollar | 2 per dollar ($25K cap on 2x categories) | 1.5 per dollar | 1 per dollar |
| Points earned on streaming | 1 per dollar (5 during bonus quarters) | 1.5 per dollar | 3.1 per dollar | 1 per dollar | 1 per dollar | 1.5 per dollar | 1 per dollar |
| Points earned on online grocery | 1 per dollar (5 during bonus quarters) | 1.5 per dollar | 3.1 per dollar | 1 per dollar | 1 per dollar | 1.5 per dollar | 1 per dollar |
| Points earned on advertising with social media sites and search engines | 1 per dollar | 1.5 per dollar | 1 per dollar | 1 per dollar | 1 per dollar | 1.5 per dollar | 3 per dollar ($150K cap) |
| Points earned on shipping | 1 per dollar | 1.5 per dollar | 1 per dollar | 1 per dollar | 1 per dollar | 1.5 per dollar | 3 per dollar ($150K cap) |
| Points earned on internet, cable and phone services | 1 per dollar | 1.5 per dollar | 1 per dollar | 1 per dollar | 5 per dollar ($25K cap on 5x categories) | 1.5 per dollar | 3 per dollar ($150K cap) |
| Points earned on office supply spending | 1 per dollar | 1.5 per dollar | 1 per dollar | 1 per dollar | 5 per dollar ($25K cap on 5x categories) | 1.5 per dollar | 1 per dollar |
| Points earned on drugstores | 3 per dollar | 3 per dollar | 1 per dollar | 1 per dollar | 1 per dollar | 1.5 per dollar | 1 per dollar |
| Points earned on $250+ Peloton purchases | 1 per dollar | 1.5 per dollar | 5 per dollar through 3/31/25 | 10 per dollar through 3/31/25 | 1 per dollar | 1.5 per dollar | 1 per dollar |
| Points earned on Lyft purchases | 5 per dollar through 3/31/25 | 5 per dollar through 3/31/25 | 5 per dollar through 3/31/25 | 10 per dollar through 3/31/25 | 5 per dollar through 3/31/25 | 5 per dollar through 3/31/25 | 5 per dollar through 3/31/25 |
| Points earned on gas stations | 1 per dollar (5 during bonus quarters) | 1.5 per dollar | 1 per dollar | 1 per dollar | 2 per dollar ($25K cap on 2x categories) | 1.5 per dollar | 1 per dollar |
| Points earned on rotating quarterly categories | 5 per dollar ($1,500 quarterly cap) | N/A | N/A | N/A | N/A | N/A | N/A |
| Intro APR | 0% intro APR on purchases and balance transfers within 15 months of account opening. After that, 20.49%–29.24% variable APR. | 0% intro APR on purchases and balance transfers within 15 months of account opening. After that, 20.49%–29.24% variable APR. | No | No | 0% intro APR on purchases within 12 months of account opening, with no negative effect on personal credit. After that, 18.49%–24.49% variable APR. | 0% intro APR on purchases within 12 months of account opening, with no negative effect on personal credit. After that, 18.49%–24.49% variable APR. | No |
| Foreign transaction fee | 3% | 3% | 0% | 0% | 3% | 3% | 0% |
| Cell Phone Damage and Theft Protection | $800 of coverage with a $50 deductible. | None | None | None | None | None | $600 of coverage with a $100 deductible. |
| US Car Rental CDW Coverage | Secondary | Secondary | Primary | Primary | Primary on rentals primarily for a business purpose, secondary on rentals for personal reasons | Primary on rentals primarily for a business purpose, secondary on rentals for personal reasons | Primary on rentals primarily for a business purpose, secondary on rentals for personal reasons |
| Worldwide Car Rental CDW Coverage | Primary | Primary | Primary | Primary | Primary | Primary | Primary |
| Roadside Assistance | Available for a $59.95 charge | Available for a $59.95 charge | Available for a $59.95 charge | Free battery boost, flat tire service, 2 gallons of fuel delivery, towing, or lockout assistance | Available for a $59.95 charge | Available for a $59.95 charge | Available for a $59.95 charge |
| Purchase Protection for items damaged or stolen within 120 days | $500 per item | $500 per item | $500 per item | $10,000 per item | $10,000 per item | $10,000 per item | $10,000 per item |
| Extended Warranty Protection | 1 extra year for items up to $10,000 | 1 extra year for items up to $10,000 | 1 extra year for items up to $10,000 | 1 extra year for items up to $10,000 | 1 extra year for items up to $10,000 | 1 extra year for items up to $10,000 | 1 extra year for items up to $10,000 |
| Trip Cancellation/Trip Interruption Insurance | $1,500 per person, up to $6,000 per trip with multiple travelers | $1,500 per person, up to $6,000 per trip with multiple travelers | $10,000 per trip or $20,000 per trip with multiple travelers | $10,000 per trip or $20,000 per trip with multiple travelers | None | None | $5,000 per trip or $10,000 per trip with multiple travelers |
| Return Protection | None | None | None | $500/item up to $1,000/year | None | None | None |
| Trip Delay Reimbursement | None | None | $500 per person for reasonable expenses (Hotel, food, toiletries, medicine, etc) required for delays more than 12 hours. | $500 per person for reasonable expenses (Hotel, food, toiletries, medicine, etc) required for delays more than 6 hours. | None | None | $500 per person for reasonable expenses (Hotel, food, toiletries, medicine, etc) required for delays more than 12 hours. |
| Lost Luggage Insurance | None | None | $3,000 per person per trip (limit of $500 per person for jewelry, watches, electronics) | $3,000 per person per trip (limit of $500 per person for jewelry, watches, electronics) | $3,000 per person per trip (limit of $500 per person for jewelry, watches, electronics) | $3,000 per person per trip (limit of $500 per person for jewelry, watches, electronics) | $3,000 per person per trip (limit of $500 per person for jewelry, watches, electronics) |
| Baggage Delay Reimbursement | None | None | $100 per day per person (max of 5 days) for essential items needed (Clothing, toiletries, charger, etc) for delays more than 6 hours. | $100 per day per person (max of 5 days) for essential items needed (Clothing, toiletries, charger, etc) for delays more than 6 hours. | $100 per day per person (max of 3 days) for essential items needed (Clothing, toiletries, charger, etc) for delays more than 6 hours. | $100 per day per person (max of 3 days) for essential items needed (Clothing, toiletries, charger, etc) for delays more than 6 hours. | $100 per day per person (max of 5 days) for essential items needed (Clothing, toiletries, charger, etc) for delays more than 6 hours. |
| Travel Accident Insurance | None | None | $500,000 per person | $1,000,000 per person | $500,000 per person | $500,000 per person | $500,000 per person |
| Visa Savings Edge Rebates | No | No | No | No | Yes | Yes | Yes |
| Emergency Evacuation and Transportation due to injury or illness on a trip | None | None | None | $100,000 for trips between 5-60 days, more than 100 miles from your home | None | None | None |
| Repatriation of Remains Insurance | None | None | None | $1,000 for a coffin and to return your body to your home country if you die on a vacation | None | None | None |
| Emergency Medical and Dental Benefit | None | None | None | $2,500 for medical expenses on trips between 5-60 days, more than 100 miles from your home | None | None | None |
| Subject to 5/24 rules | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Adds to 5/24 count | Yes | Yes | Yes | Yes | No | No | No |
| Download Guide of Benefits | Freedom Flex Link | Link | Link | Link | Link | Link | Link |
Visa Savings Edge:
All Chase Ink cards are eligible for additional cash back via Visa Savings Edge.
That means you can earn points plus cash back at ParkWhiz, Budget, Chevron, AutoZone, Boost Mobile, MGM hotels, Wyndham hotels, and more.
Killer Combos:
Stacking multiple Ultimate Rewards cards together can supercharge your earnings by getting you more points per dollar while increasing the value of all your points.
This list will be customized for the Ink Preferred Card.
A Chase Bifecta would consist of a household that has the Ink Preferred Card and the Ink Unlimited or Chase Freedom Unlimited®. The total effective annual fees would be either $95. With the Ink Preferred Card you would earn 3 points per dollar on travel, internet, cable, phone, shipping, and more. With an Unlimited card you would earn 1.5 points per dollar everywhere. Either way you’ll be able to transfer all of your points into airline miles or hotel points, but with the Ink Preferred Card you can also use the points with a value of 1.25 cents each towards travel.
A Chase Trifecta adds a no annual fee card like Ink Cash or Chase Freedom into the mix, so your total effective annual fee will still be just $95. Both of those cards give options to earn a whopping 5 points per dollar in various categories on top of the 3 points per dollar that the Ink Preferred Card offers and the 1.5 points per dollar everywhere else with an Ink Unlimited or Freedom Unlimited card.
Having all 3 Chase Ink cards means you can take advantage of bonus points on all purchases that you make while not having any effect on your personal credit.
A Chase Quadfecta would add both the Ink Cash and Chase Freedom on top of a Ink Business Preferred® Credit Card and an Unlimited card, so your total effective annual fee will still be just $95.
A Chase Quinfecta would add either the Chase Sapphire Preferred® Card or Chase Sapphire Reserve to that mix, adding $95 or $250 to the additional effective annual fee after the Sapphire Reserve travel credit. This will add either double or triple points on dining, plus with Sapphire Reserve would make your points worth at least 1.5 cents each.
Again, all of these cards don’t need to be in one person’s name. 2 people from the same household can split up the requisite cards that make up the Quinfecta, as they can transfer the Ultimate Rewards points back and forth between themselves freely and they can add each other as an authorized user on their cards!
Airline transfer partners:
You can transfer points at a 1:1 ratio to:
- United (Star Alliance)
- Air Canada Aeroplan (Star Alliance)
- Singapore (Star Alliance)
- Air France/KLM Flying Blue (Skyteam)
- Virgin Atlantic (Skyteam)
- British Airways (OneWorld)
- Aer Lingus (OneWorld)
- Iberia (OneWorld)
- Emirates
- JetBlue
- Southwest
- Qatar (via British Airways)
Hotel transfer partners:
You can transfer points at a 1:1 ratio to:
- Hyatt
- IHG
- Marriott
You can also transfer points to Hilton at a 1:1.5 ratio via Virgin Atlantic.
The great thing about Chase Ultimate Rewards is how versatile and valuable they are:
The Ink Preferred Card and Sapphire Preferred cards allow you and anyone in your household to transfer Chase points into miles. They also allow you to use points at a value of 1.25 cents each towards travel.
The Sapphire Reserve also allows you and anyone in your household to transfer Chase points into miles. Plus it allows you to use points at a value of 1.5 cents each towards travel.
The fixed value is excellent and doesn’t require hunting down award space, but those points can be much more valuable by transferring them into airline miles or hotel points.
- If I want to stay in a 5 star Park Hyatt in the Maldives, Melbourne, NYC, Paris, Sydney, or Tokyo that would cost over $1,000/night, I can instantly transfer 25-40K points to Hyatt to do that, a value of up to 6 cents per point.
- If I need a one-way flight from Cleveland (or Chicago, Detroit, Miami, Montreal, Orlando, Pittsburgh, Toronto, etc) to NYC that can cost $500 each way, I can instantly transfer 7.5K points to British Airways to book a short-haul on American with no last minute booking fees. Or if American doesn’t have availability I can instantly transfer 10K points to United for their short-haul award. That’s a value of up to 7 cents per point.
- Air Canada offers one-way short haul awards for just 6K miles. You can also get stopover awards for 5K miles, build round-the-world awards, and get free lap child awards in the US/Canada and bring lap children to anywhere else in the world for just C$25!
- If I want to stay in a non-chain hotel that costs $300/night and don’t want to pay cash, I can redeem 20K points for the room thanks to my Sapphire Reserve card’s minimum redemption value of 1.5 cents per point or 24K points with the Sapphire Preferred’s minimum redemption value of 1.25 cents per point
- Flying Blue has award flights to Israel for 25K miles for adults or 18,750 miles for kids.
- If I want to fly in a $25,000 ANA First Class Suite round-trip from the US to Tokyo, I can instantly transfer 145K or 160K points to Virgin Atlantic. That’s a value of up to 23 cents per point. You can now redeem one-way awards for half the price as well!
- If I want to book a $2,281 business class ticket on Air Canada to Tel Aviv I can redeem 152K points for the flight thanks to my Sapphire Reserve card’s minimum redemption value of 1.5 cents per point or 182K points with the Chase Sapphire Preferred’s minimum redemption value of 1.25 cents per point, plus I’ll earn Qantas miles for more future travel as it’s considered a paid flight instead of an award flight.
- And thousands of other possibilities from Singapore couples suites to booking Southwest awards with 2 free bags and free cancellations, to stealing 2nd base in middle of an MLB game.
Will you signup for the Ink Preferred Card?
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276 Comments On "Highest Public Offer Ever: Earn 100,000 Points On The Ink Business Preferred® Credit Card!"
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5/24 is such a buzz kill 🙁
It has been loosened in the past on Ink cards.
Try it and let us know 🙂
just applied.. 7/24 rejected 🙁
Gotta be persistent. I had a friend call chase 4 times and get rejected. He got approved in the 5th.
I just opened that card. It came in the mail last week. Is there a way I could change the $15000 spend requirement to the $8000 spend requirement now?
Try sending Chase a SM or call them.
Let us know what they say!
I messaged them and they said no
Try calling?
Upgraded – any luck calling and having them match the lower spend threshold? I applied for the card today via a different link today (it’s pending review). Assume I should wait to be approved and then try calling to match the lower spend threshold.
I wouldn’t count on that based on the SM rejection.
You can ask that they cancel the application and try again.
Under to complete the application. “It looks like our site is not working”
Try another browser or incognito?
I called the recon line, it was indeed submitted (and declined) – I’ll wait until I get the letter and recon it. Thanks for all your guys great work!
Good luck!
On my second recon call, able to talk then into approving me, I was at 7 and some AUs/24, but it was over a week ago. Awaiting card!
Sorry. How do I do that, or is there a particular number to call? Thank you!
Number on the card.
If a business has a car rental agreement where the business is named on the rentals, do the rentals get primary CDW benefit even if the employee who uses the card is not an au on the account?
No, that employee would need an AU card.
Rental companies won’t let you rent a car if your name isn’t on the credit card
In this case they bill the company directly, and the charge goes on the card on file in the company’s account.
@Dan, would that affect your answer?
Just got approved for two on two businesses!
Nice, congrats!
Just Got approved even though I was over the 5/24
Awesome!
What count were you at?
Any more reports from people over 5/24?
I was declined a few days ago because of 5/24 (after the post that they dropped the limit) 🙁 This would have been my 6th. I tried calling recon three times and even offered to move around credit, and was still declined.
Any other suggestions?
I just got IHG business card 2 days ago… I when am I eligible to apply for this card?
You are eligible now.
The 90k Ink a little while back was better.
For just 10K less points you got a card without the $95 yearly fee, and just a $6k spend. This one is great too but an extra 10k for $95 bucks and spending another 2k? Nah
Sure, but that offer is long gone. I also miss 100K CSP/CSR offers, but those are also long gone.
They also offered very different benefits (no 1.25 PYB/travel credit, no 0% forex, no mileage transfers, etc).
Dan-any idea I’d this deal will be alive again soon?
I don’t expect that to come back anytime soon.
how come when i called chase to verify this offer, they say the offer is to spend $15,000 in 3 months and NOT $8,000.
how can i verify this? i dont want to apply till to spend $15,000
can you assist?
This offer is available via the link in this post. Offers vary based on where you apply.
You will get this offer via the link in this post, but you can save screenshots of the offer if you so desire.
If I go on the free annualcreditreport website will it pull some of my credit?
There’s no hard pull to check your own credit.
What is the expiration of the lower spend requirement?
Unknown.
Got an offer in the mail lately with the 15k offer. If I apply via that invitation number will I still get the lower spending offer?
Also is it a better chance of getting approved if using the mail offer?
Thanks for everything
No.
No.
Thanks a million
Can i get multiple of the same inks for same business
Yes.
If I use my Business Ein to sign up for this card. Does this effect personal credit in any way?
They do a credit check, but it’s a small component of your score and goes away soon enough.
Do all business credit cards work like that?
Yes
I have both of the other Ink cards and the approval for those was instant. For this one I got an “In review, we’ll get back to you” response. Is that normal (i.e. the approval is not instant like for the other two)?
It’s normal.
You can call Recon if you don’t want to wait at 800-453-9719.
I got approved despite 5/24
Awesome! What was your 5/24 number?
Any more reports of getting approved over 5/24?
I got both of the other 90k Ink cards from a couple months ago, does that preclude me from getting this one or is it a different “product”?
There are no limits on Ink cards.
CN you make it as a sole proprietorship as I don’t have an LLC.
Stacking multiple Ultimate Rewards cards together can supercharge your earnings by getting you more points per dollar while increasing the value of all your points.
“Read more about this strategy in depth in this post.”
This link doesn’t work
Primary rental car CDW insurance in every country, “when the rental is for business purposes.“
What is the Geder for this? Are they really makpid? How would they know? In other worlds if I was a sole proprietor, can I just say that “my business “ sent me on this trip?
Well, they will be makpid if they would have to spend $75,000 on you if chas v’sholom something happens.
Can I apply for it with my name even if I dont have business expenses and only regular expenses?
Anyone ever have any luck getting a spend threshold extended
Any idea until when this 100,000 point offer is available? We have a large spend the first week of November.
The 100,000 has always been around its just the spend threshold that has been lowered
If I don’t have any business, is this still a good card to build up credit (and also get the bonus) with?
its good for the bonus, but wouldnt build credit at all
Hi Its my first business credit card i want to open. and i just came on to Dansdeals and i see this offer. do you think that this is it or i should look for other offers?
This is sure one the best current offer
Got approved BH!!! Thanks Dan!
Dan, You think I might have luck asking chase to match the spend offer, to a card opened last week?
If I send someone my referral link it still says they need to spend 15k. Will they have to spend 15k or 8k? To get signup bonus?
If your link says 15K, then you’ll need to spend 15K.
I Spend a lot on cc and I have the sapphire reserve, should I get the ink Premier since it is 2 points per $1 and 2 1/2 for purchases over $5000 that would be converted to reserve for travel?
https://www.dansdeals.com/credit-cards/businesscreditcards/earn-1000-cash-back-2-5-cash-back-everywhere-new-chase-ink-premier-card/
Premier cashback can’t be used as points, “it’s real cashback”
amex business blue [no annual fee] gives 2x membership rewards per $ up to 50k annualy [you can open multiple of them]
Dan I have got completely shut down from chase a couple of years ago and they didn’t even tell me a reason do you think I can apply and perhaps get approved or am I 100 % banned for life? I have a very good credit score
Years ago Chase closed 5+ accounts suddenly and did not tell me why. After 7-8 years of automatically being rejected for any Chase applications, I read on Dansdeals, that if you open a Private Client account, they will start approving you. Did that for myself and my spouse and almost never got rejected since then. I closed the Private Client account right after first approval.
I have got accepted again. I guess it depends what happened. It wouldn’t hurt to apply
Dan, you wrote “
However, if you are approved for any Ink card, you will get the signup bonus” is there an ink card without an annual fee that I can apply for
To get this bonus
Ink cash or Ink unlimited are no annual fee cards, with a 75k sign up bonus
Ink Unlimited
Ink Cash
Just got a business cash card. does that mean i am not Officially eligible for this signup bonus?
You are eligible.
I can’t remember what specific biz categories I used for my last Ink application including the date the biz was founded. Do they cross check these? Thanks!
Shouldn’t matter.
“However, if you are approved for any Ink card, you will get the signup bonus.”
I didn’t understand this sentence. If a business received this card a year ago, can they apply and receive the bonus again?
Yes.
Is just paying for the rental with this card enough to get CDW waiver in Israel, or do I need any other documentation?
Yes
What’s the APR on this Card,
If you’re not paying it back in full each month, any gain you get from the points is negated and its just not worth it. APR shouldn’t matter because nothing should EVER be paid back late if you want to ‘play the points game’.
Hi, i have the Ink Unlimited, Ink Cash and Sapphire Reserve. In order i should be able to transfer points from my Ink card to Sapphire, i need to have the Ink Preferred?
no
I applied recently for both “inks” I applied now about an hour ago again from your link and got a msg that they are reviewing it i just got a phone call to verify the phone number and got approved w/o further questions. I just got a credit pull, any way to get rid of this? it shouldn’t affect my credit?
thanks so much dan
Applications affect credit, spending is not reported.
A pull is normal.
Are you able to downgrade to a card with no annual fee after the 1st year?
Yes
I have the 15,000 spending limit on the chase ink proffered will chase match it to the 8,000 spending limit
https://www.dansdeals.com/credit-cards/spend-threshold-slashed-highest-public-offer-ever-chase-ink-preferred-now-offering-100000-ultimate-rewards-point-signup-bonus/#comment-1639358
Can rewards points be transferred between husband and wife if they both have a sapphire preferred, not a reserve?
Yes
If i recently got the Ink preffered can I open a second one under the same business?
Yes
Hi,
Does anyone know is there a way to pay mortgage with credit card so I can reach 8k spending?
Thanks
You can use plastiq.com but they charge 2.9%
And you can only pay with a MasterCard not Visa, Amex or Discover.
if I apply through different link, do I still get the 8,000 spending requirement
Depends what it said on the link you applied
Are you able to downgrade to a $0 a year card after you pay the fee instead of canceling?
Yes.
only after 12 full month
How long does a hard pull hurt your credit?
A few months, but new credit is just a small portion of your score.
have a mid 600s credit score. applied. got the in review response. checked my email immmediietly after and was approved. I only applied because I saw the feedback here. thanks dan!
Awesome!
I am new to this way of money management but am ready to take the plunge. Can you please explain what you mean by “those points can be much more valuable by transferring them into airline miles or hotel points.”
https://www.dansdeals.com/credit-cards/ultimate-beginners-guide-credit-cards-points-2023-start-need-know-best-cards/
Just got approved for another Ink Cash.
Got two for me and wife with 90k in March.
Over 5/24
Instant Approval
If I get approved for this card but need to use it right away to spend will chase give my the card info before I wait for it in the mail ?
No, but you can assk them to expedite shipping (2-3 days)
no, but you can expedite it to overnight shipping
If I sign up for this card and a personal freedom card on the same day, will it be one or 2 hard pulls?
usually 2
The wording on the post isn’t clear. are they loosening approvals for people who already got the 100k bonus on the ink preferred within 24 months?
For everyone, including most reasons they might ordinarily not approve you
If they pulled my credit does that mean it is likely I’ll get approved, as in the income and estimated spend are in their preferred amounts? (credit score is fine)
they all ways pull your credit, accept if your not eligible due to a rule from chase [for example you opened this card recentley, etc.]
I was approved, despite being shut down a couple months ago. Still have high balances on 2 of the closed cards (0%APR). Thanks Dan! Hopefully they won’t realize and shut it down again..
Applied with 8k spend. App went pending. 2 minutes later got approval email. 5k CL. When it asked me to estimate my monthly spend I put 5k, I guess I should’ve put a higher number. I was NOT over 5/24.
what do you mean “8 k spend”? is that your current balanace on your credit report?
Happens a lot with chase they tell u pending after u submit then get an approval email right after
I applied for this card and just got a call from chase asking for documents (Proof of legal name and physical address for business, Proof of federal tax id for business)
I don’t have those documents. Do I have any other option?
Did you apply with your name and SSN?
Yes
Then just send in your driver’s license and social security card.
Do you get the 1.25 redemption rate on travel through ultimate rewards?
Yes
I applied under multiple bsns names and they all are Pending review. Is there a Phone Number to call and check status?
800-453-9719
I applied and received “We’ll review” response and within about 30 minutes received an email that I am approved. TYH!
I am not sure which link I clicked. Is there a place where I can check to see how much I need to spend (8k or 15k) to qualify for the 100K points?
call chase
I applied and still have this card since 2020, Am i eligible to get a signup bonus?
Yes.
Applied and approved for my like 3rd chase business card in the past year! Thanks Dan!
but only 5k credit limit whats the best way to increase that?
you can transfer limits from other business cards if that helps
If chase wants me to only have their cards in my wallet than they accomplished it, the last 8 months I basically kept opening chase cards for this huge bonuses, Thanks Chase!
Lol so true
Yup
5/24 and approved instantly. Second ink card this year, third for this business.
Awesome!
Was in review. Came back declined. (For the first time ever)
I called reconsideration, she said I have too many ink credit cards. I explained to them I have to keep track of multiple expenses. Didn’t help. What can I do?
Ask them to shift credit from one of your ink cards to a new one, that can help because it’s not like giving you additional credit.
Btw, how many ink cards do you have?
Will try that. 7 ink cards. Opened my first in Novemeber 2022.
Well that does sound like too many…. Please post if that worked out.
Actually they said if I close one of the 7 they’ll be able to turn over the decision on this one and approve it, using that credit cards line of credit. However I told her I don’t want to. Because I wasn’t sure if closing a card that was just opened in November 2022 is a red flag. Dan?
Offer to move part of the credit line from some of those cards over?
Just got approved thanks
Congrats!
application link dead?
No, try incognito?
Just applied and approved. Was worried as I recently signed up for both no fee Ink Biz cards, and also the IHG business card. It initially game back that application was under review, but less than 1 minute later I got the email that it was approved.
Just got approved with the above link! our 5’th ink card this year (my 3’rd), and the first one to get instant approval. (I’m 5/24 if you count AU cards)
Visa Savings Edge seems to work just for business cards, not personal
Got denied instantly, have 5 Freedom and 1 Old version of Chase ink bold card. I am at 6/24.
B”H I got one!
Approved for my second ink preferred in 3 months!
Thanks Dan
If I already have a Ink Cash & Business on one LLC would i be able to downgrade after a year to a no annual card like the Cash and have two of the same cards under the same LLC?
yes
Approved while at 7/24. Crazy!
declined due to 5/24
They rejected my application. Too many credit cards, and credit line is too high. I spoke to them to have it reconsidered. She said my only option is to shut a credit card that I opened in January and they’ll approve this application in the place of:
-That existing card
-That existing credit line
She said it’s not enough to just move the credit line. But I know with personal credit cards they consider shutting a card 7 months after opening it, a no no. Does that apply with business cards too??
Dan?
Dan said Business cards don’t get reported on your report……………………
Is the ink preferred interest free for the first 12 months?
no
I had to move credit and explain why i needed a fourth Ink business card. They said ok. Thx Dan!
@DAN can u confirm i can open a SECOND Ink preferred (Within month of each other) and get this bonus?
My first is under my LLC, i wld do 2nd with my SSN-Solo prop.
TIA
DAN THE MAN
Dan, Can I take advantage of the Trip Delay Reimbursement feature of the Chase Business Preferred card if I purchased my flight using frequent flyer miles?
Dan
if i have a balance on the other Chase card will they still approve the proffered business?
Because I applied and they say they will answer me within 10 Days
Dan
Is there anyway you can give a full course (or maybe you already gave one) on how to apply for credit cards, scores, best cards for points, or how to build a high credit line, which cards to acquire first 2nd and so on, what about personal and business cards and everything there is to know about it, I think it would be a very very hot seller
can it get me stuck with the irs when im making a statement on my ssn
that i own a bussiness and am earning other money?
No
i got approved today after recon, is it worth to try another one today? or after i needed to be recon its not worth it
Sure
m i not going to have another cradit pull?
Once I have the card can I use it for non bussiness expenses
Can I apply for 3 ink card s at once? or not a good idea…
Hi , Which credit bureau shell I unfreeze for this CC
I was able to get approved after recon. I was over 5/24 including authorized users so they manually checked it. It seems that authorized user cards get triggered in the auto 5/24 check.
I also did 2 ink cards a few months ago.
How long does it take to receive once you are approved?
Approved
immediate rejection 7/24.
have an Ink for 5+ yrs on my LLC.. can I get the bonus if applying with same business/llc name?
Yes
When does this end?
Applied (at 6/24) and DENIED. Preemptively lowered my total credit limit with chase down to a third of my annual salary last week before applying. Called biz reconsideration line, I was told I have too many credit cards. So….yeah 5/24 is here to stay.
Is this only a business card ?
Yes
If I applied today and got approved and the signup bonus ends tomorrow, can I still earn it now that I’m approved?
Who said anything about it ending tomorrow?
Applied last week denied due to 5/24 and insufficient history. Huca’d 3 times and got approved, though they did see that 1 was authorized user so only 4/24.
Data point: approved $8k this morning, applied exactly 1 week ago got the “we need time to review” response, 33 days before application I got the IHG business card just $5k same pending email, I have 6 personal and now 6 business cards with all the 3 ink flavors
800+ Fico, good income
5/24 count?
Stable 4/24, Business cards this year x4 all chase. Ink Premier, Unlimited, IHG Business and now Preferred
I had the Ink cash and United Bizz already
Notes, all spaced out aboutta month or 2 but at least 30+ days
Now that 5/24 is reinforced is it still easier to get approved without a great credit score? Or is it back to normal approval odds?
Would you say this card is better than Chase United?
Hi Dan any advice flew to uk from israel a day before the wedding of grandaughter with easy jet and did not get luggage and all the clothing in there gowns etc we tried chatting with them they said we get 25 gpb a day thst $32 usd what a joke!
We used chase saphire they said only get $100 a day!?
What do we do ??
Any way to get them to reimburse ALL the expenses of clothing for the wedding
Thnx in advance
where can i call to ake if im approved?
Can I apply for this if I don’t have a business?
I applied for my wife about two weeks ago. About a week ago got a message that she is approved. I didn’t check recently but I am pretty sure she is over 5/24…
Hi Dan, Was excited about this business pref deal you’ve got going now but I NEED a 0% intro APR on purchases for 12months (or similar).
Got the business unlimited w/your 90k offer a few months back.
Which card(s) would you recommend that have the best points/mile/cashback?
TIA
Ink Cash?
https://www.dansdeals.com/go/InkCashQS/
Hi Dan,
I applied for the ink cash and received an email stating “We’ll review your Chase Ink Business Cash® credit card application and be in touch soon.”
That was two days ago with no other info since.
Should I follow-up or wait?
fwiw – When I got the Business unlimited card I was approved on the spot.
If a chase credit rep tell me that my application has been reconsidered and denied and that the review is marked as a “final determination” is there any point in continuing to call Recon? Can that be overturned?
yes
This just happened to me. Called back again to reconsider without referencing the denial, they resubmitted and approved. Maybe the new month opened up more lenient approvals.
got approved in minutes with 4-24
they denied it because “we do not currently offer rewards programs to your type of business or entity to avoid a potential conflict of interest”. Anyone know what this means. (We are not for profit organization – not sure why that could be a conflict….)
When you apply for the card there is a drop down menu to choose what type of business you are. Not all of those options are eligible for this card. If you are denied because of that there is no reconsideration. But just to be sure you should read over the denial letter and call to find out if that is the reason and if reconsideration is possible.
why am i getting this, and what can i send for this if i dont have an official registered bussiness – “Please upload clear, easy-to-read copies of documents for the following: Proof of legal name and physical address for business
Proof of physical address for authorizing officer”
Yup, this is annoying. I’ve had this happen and not sure what to do.
If you applied in your own name, just upload your ID and SSN card.
@Dan, I do not have any bills in my name. what else qualifies for “Proof of legal name for business”?
Thank you!
If you have 2 businesses with separate tax id’s, can you apply for the same type of card twice?
Can you combine points from a business card to a personal card like sapphire reserve?
Yes
Do they have to be under the same account login?
To do it yourself, yes.
You can also call Chase to do it.
Are they approving this card easily nowadays?
Try and let us know!
Just got approved for two ink cards.
Congrats!
I just applied a few days ago for this and a cobranded card. I got denied for both. I called twice for the Ink but nothing. For the cobranded one I got approved. I’m curious if this is normal.
I have the ink business unlimited from chase that I got about 10 months ago with the large sign up bonus. If I apply for this one using the same ss# will I still receive this 100k bonus?
Yes
any idea how long this offer will be available?
Can authorized user cards earn their own bonus? Or do they just contribute to the spend threshold and there is only ever one bonus?
Authorized user is just another way to spend on your account. The bonus is 8K for the account.
I’m a little new to this and confused. Why won’t closing this card affect my credit score?
Chase ink cards are business cards. Business cards are not reported on your personal credit report. So you are closing a card that never existed on your credit report.
I have one of these will they approve a 2nd?
i just got ink card even though im over 5/24 lots of my friends got the same wishing you all good luck
Chase closed all my personal and business cards about 3 years ago, without giving any reason.
Can I still expect to get approved now for this card?
I called and they said i need proof of my business a bank statement or somthing that shows the LLC.
Why did you apply as an LLC if you don’t have an LLC?
Just applied 6/24 and was Approved BH
Nice!
If I close an ink card will it affect my credit score?
No
I applied and got approved. They didn’t ask me to verify my business. Will they still do that?
For the other ink cards that have 0% apr on new purchases – will you get the bonus even if you don’t pay off the balance right away? I.e. Is the spend timeline for just charging expenses on the card or also paying it off?
Charging. You don’t need to pay it off to get the bonus
Can I get approved for a 2nd if I applyunder my social security? Got one almost a year ago
What do you mean with ”Highest Public Offer Ever”
Isn’t this 100k offer going on for years?
The spend requirement was cut from $15K to $8K.
I applied and got approved. They didn’t ask me to verify my business. Will they still ask for that?
If you get approved when can you start using the card? Will they give you the info to use it online? I have some big bills due next week, but if I can’t use it until the physical card arrives I may not bother applying.
You could call them to ask them to expedite it to one day shipping
You may be able to add it to Apple Pay but they won’t give you the full card number.
@dan
It says in my chase account that I’m already approved for premier business. What are my chances of being approved for the preferred or cash/unlimited?
@dan thanks for all the information you share.
Just got approved 7/24
If i dont have a business, can i open this business card? Thanks!
Applied. Got under review. Called and they said my application has been handed over to a security team. I need to go to a bank branch with 2 forms of identification and call them while I’m there. Anyone had this?
Is it an indication of a shutdown? I have 3 chase credit cards already.
“Spend Threshold:
You’ll need to spend $8,000 on this card within 3 months.”
Is that within three months of being notified of approval or three months after receipt of the card?
Approval, but they give extra days to count for the card’s arrival. Contact Chase for the exact deadline.
If I already have this card can I get another one under the same business without shutting the old one?
Yes
How long would i have to wait? Is one year enough?
Applied. Got under review. Called and they said my application has been handed over to a security team. I need to go to a bank branch with 2 forms of identification and call them while I’m there. Anyone had this?
I’ve never open an account in branch only online- is that it?
I had the same thing last week, so I went into the branch they asked for 2 IDs and ss card and i got approved right away, they said it got flagged for fraud.
I actually secure messaged them that it was me that applied because they suspected identity theft. They responded that they’ll share with the correct department. I received an email several days later with list of documents to upload. Uploaded and got approved later that day.
I just got approved tonight but won’t get the card for several days. Taxes are due tomorrow. Can I call to get my new credit card number right after being approved ?
For those with lower spending habits, the Ink Business Cash card has a 75k signup bonus for spending $6,000 in 6 months, no annual fee. Great if combined with Sapphire Preferred/Reserve to get the points multiplayer on travel.
is there anyway i would get approved with a 620 credit score. The low score is all due to high credit usage.
I applied about 10 days ago and it said it was under review. I have heard nothing since. Is this a normal time to wait? Should I call?
I’m sure this has been discussed but I don’t see it when I quickly scanned the comments.
Can I buy gift cards with my new Ink card to meet some of the spend? Say Amazon or Lowes.
Thanks