Chase Ink Business Preferred 100K Bonus
Update: This offer is also available through referral links, but there’s also new restrictive language included.
Some Chase customers are seeing an increased welcome bonus for the Chase Ink Business Preferred card. Instead of the public 90,000 points offer, there’s an improved 100,000 offer. However this offer is targeted so you need to log in and check your accounts.
Offer Details
- Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months after account opening.
- Annual Fee: $95
- OFFER LINK
New Bonus Eligibility
The new cardmember bonus may not be available to you if you have ever had this card. We may also consider factors pertinent to your business in determining your bonus eligibility.
Card Details
- Earn:
- 5X points on Lyft rides through March 2025.
- 3X points per $1 on the first $150,000 spent in combined purchases on shipping purchases, advertising purchases made with social media sites and search engines, Internet, cable and phone services, and travel each account anniversary year
- 1X point all other purchases
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 towards travel. Plus 25% more value with Pay Yourself Back.
- Primary Rental car Insurance: Decline the rental company’s collision insurance and charge the entire rental cost to your card when renting for business purposes
- Trip Cancellation/Interruption Insurance: Up to $5,000 per person and $10,000 per trip
- Trip Delay Insurance: After delay of 12 hours (or overnight stay) for up to $500 per ticket
- Purchase Protection and Extended Warranty Protection
- Cell Phone Protection: Up to $1,000 per claim ($100 deductible) with maximum of three claims per 12-month period
- No Foreign Transaction Fees
- Annual Fee:
- $95 for primary cardholder
- Employee cards at no additional cost
Can You Apply for a Business Credit Card?
When it comes to business credit cards, a question that often pops up is whether you are eligible to apply and what counts as a “business.” Do you need to have a formal company to apply for a business credit card? The answer is quite simple:- You are eligible to apply for a business credit card if you have any side hustle or hobby that generates an extra income, no matter how small. It doesn’t have to be a registered business ad it can be as simple as dog-walking for your neighbors, tutoring, driving for Lyft or Uber Eats, selling on eBay, Amazon or OfferUp, and much more.
- When you apply for a business credit card, you can choose to do so with your social security number and your name as the business name.
- For business structure, you can choose “Sole Proprietorship” if you don’t have a formal business like an LLC or corporation.
Guru’s Wrap-up
This is a good bonus for the Chase Ink Business Preferred credit card. You can earn 100,000 Ultimate Rewards points after spending $8,000 in three months. Just make sure that you can handle that kind of spend before applying.
We have seen better offers in the past though. Just over a year ago there was a 120K bonus with the same spend, and we have also seen in-branch offers for 160K with $50K spend.
As for referrals, keep in mind that you will likely not receive a bonus is an existing Chase Business card customer.
Let us know if you are targeted!
