How does the Chase Ink Business Preferred® sign up bonus offer work?
Quick insights
- The Chase Ink Business Preferred® credit card usually offers a set amount of points as a new cardmember bonus offer.
- Cardmembers must meet a certain spending threshold of qualifying purchases within a designated time period after opening their account to earn the associated rewards.
- The Ink Business Preferred card may be suited for businesses that prefer a combination of travel and business rewards, plus the flexibility of a fully revolving credit line.
Chase business credit cards may help business owners separate personal and business expenses while also earning rewards on purchases. Many Chase Ink business credit cards also provide a welcome bonus offer for some cardmembers.
Read on to learn about the new cardmember bonus offer with the Chase Ink Business Preferred credit card, including details on how cardmembers can earn the bonus offer and use other benefits provided by the card.
The Chase Ink Business Preferred sign up bonus offer
The Chase Ink Business Preferred card typically offers a welcome bonus offer for eligible cardmembers in the form of points. To be eligible for the offer, cardmembers must meet a minimum spending requirement within a set period of time.
These offers are subject to change, so you may want to check the current business credit card welcome bonus offer on the Chase website.
How can I earn the Ink Preferred welcome bonus offer?
If you meet the offer’s spending requirement within the designated timeframe, the points will accumulate in your account. There may be a temporary delay while points are being processed.
What purchases don’t count toward the welcome bonus offer?
Some transactions do not count towards the minimum spending requirement. Examples include:
- Balance transfers
- Cash advances
- Travelers checks
- Foreign currency
- Money orders, wire transfers or similar cash-like transactions
- Betting transactions
- Checks and fees
You can check how many earned and pending points you have by logging into your Chase account online or via the Chase Mobile® app.
Applying for a business credit card
Because the Ink Business Preferred card is a business credit card, there may be specialized application requirements. The application criteria may include the legal structure of your business, its revenue and credit history—which might include the business’s credit score, your personal credit score or both.
You can apply for a business credit card online or by visiting a Chase branch. If approved for the Ink Business Preferred card, you may want to track your purchases if you plan to qualify for an applicable welcome bonus offer.
How do you earn points with Ink Business Preferred?
The Ink Business Preferred card earns points on purchases. The card earns 3x points for every dollar spent on the first $150,000 in combined purchases in the following categories:
- Shipping purchases
- Social media and search engine advertising
- Internet, cable and phone services
- Travel
Other purchases earn 1 point per dollar spent. The $150,000 spending threshold for 3x points resets each year on your account anniversary.
How do you redeem business credit card points?
Points do not expire so long as your account is open and in good standing. Points can be redeemed for:
- Travel expenses, including flights, hotels and car rentals
- Cash back, which can be applied as a statement credit or direct deposit
- Gift cards
- Products available through the Chase rewards portal
You can also transfer points to airline and hotel partners (typically in 1,000-point increments) and pool points across eligible Chase cards to help maximize redemption value.
Other features of the Chase Ink Business Preferred card
In addition to a potential welcome bonus offer, the Ink Business Preferred card offers other benefits that may appeal to business owners, like:
- Travel protection benefits including Auto Rental Coverage and Trip Cancellation and Interruption Insurance
- Purchase Protection, Cell Phone Protection and Extended Warranty Protection
- Account management features and personalized account alerts
- Complimentary employee credit cards, which earn rewards at the same rate as the primary cardmember
Note that the card has an annual fee.
In summary
The Ink Business Preferred card may provide a welcome bonus offer for new cardmembers. Keep in mind that offers are subject to change.
Additionally, the Ink Business Preferred credit card earns 1x point per dollar spent on most purchases and 3x points on select spending categories. Cardmembers can redeem their points for travel, cash back, gift cards and more.
Learn more about business credit cards from Chase to discover which one may be right for your business.
