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 these cards can earn rewards for the primary cardmember.
- The card may feature a welcome bonus offer, allowing new cardmembers to earn more points if they meet the spending criteria.
Whether you have an established business or freelance jobs, Chase Ink Business Preferred could be beneficial for your operations. With rewards on a range of everyday business expenses, the card 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.
Earn rewards with Ink Business Preferred
Ink Business Preferred—the only option in the Chase Ink family of cards that isn’t a cash back card—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
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.
Maximize Ink Business Preferred rewards with employee credit cards
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 cardmember can earn points at the same rates on their qualifying purchases.
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.
More 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 your existing bookkeeping software to help simplify recordkeeping.
- Offers a welcome bonus offer (promotion to earn additional points after meeting certain spending requirements with a set timeframe) that could help you earn rewards faster—check the Chase site for current Business Preferred offer details.
- Redeem rewards in a variety of ways depending on your business’s needs and priorities.
If these features can help streamline your operations, you may want to consider applying for Ink Business Preferred.
In summary
With the Ink Business Preferred card, you can earn 3X points per $1 on up to $150,000 in annual combined purchases on shipping purchases; 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 credit cards can earn rewards for the primary cardmember at the same rates. New cardmembers may be able to earn even more points with a welcome bonus offer if they meet the spending criteria within a set timeframe.
