A guide to Chase Ink Business Preferred® benefits
Quick insights
- Ink Business Preferred offers rewards on up to $150,000 in annual combined purchases in select spending categories.
- Employee credit cards are available and eligible purchases on these cards earn rewards for the primary cardmember.
- The card may feature a welcome bonus offer, allowing eligible cardmembers to earn more points if they meet the spending criteria.
Designed for midsize and growing businesses, Chase Ink Business Preferred could be beneficial for your operations. It combines travel and business rewards that may complement your spending habits.
If that’s the case, this business credit card’s potential rewards could help offset its annual fee. Plus, points earned with Ink Business Preferred can be redeemed for travel, statement credits, gift cards and more.
Read on to find out if your business could benefit from Ink Business Preferred’s rewards program and card features like employee credit cards, bookkeeping software integration and more.
How does Ink Business Preferred earn rewards?
Ink Business Preferred offers rewards in some common expense categories for many small businesses. Cardmembers can earn 3X points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year:
- Shipping purchases
- Advertising purchases made with social media sites and search engines
- Internet, cable and phone services
- Travel
Additionally, cardmembers earn 5X total points on Lyft rides through September 30, 2027.
All other purchases earn 1 point per dollar. Points do not expire as long as your account is open. You may be able to maximize rewards if these rewards categories align with your spending habits.
Do Ink Business Preferred employee credit cards earn rewards?
Ink Business Preferred offers employee credit cards (cards that authorized employees can use to make business-related purchases). When employees use their cards, the primary company account accumulates associated rewards.
Beyond the potential to earn rewards, the primary cardmember can set individual spending limits and track employee spending. It also may help save time, as the cards could replace manual reimbursement processes.
What are some additional benefits of Ink Business Preferred?
Beyond the numerous potential benefits of business credit cards, Ink Business Preferred comes with features that could be valuable for your business:
- Receive quarterly reports and up to 24 months of statement details to support expense management.
- Integrate your account with bookkeeping software to help simplify recordkeeping.
- You may be able to earn a welcome bonus offer (promotion to earn additional points after meeting certain spending requirements within a set timeframe) that could help you earn rewards faster—check the Chase site for current Ink Business Preferred offer details.
- Redeem rewards in a variety of ways depending on your business’s needs and priorities.
- Transfer points to participating airline and hotel travel partners.
- Access protections including Purchase Protection, Extended Warranty Protection and Cell Phone Protection.
In summary
With the Ink Business Preferred card, you can earn 3X points per $1 on up to $150,000 in combined annual purchases in these categories: shipping; internet, cable and phone services; travel; and advertising purchases made with social media sites and search engines. All other purchases earn 1 point per $1.
Employee cards can earn rewards for the primary cardmember at the same rates. Cardmembers may also be eligible for a welcome bonus if they meet the spending requirement within the specified timeframe.
