Chase Ink Preferred Card, Get Up to 160K Bonus with $50K Spend
Update (Aug. 4, 2021) – This offer is still available through a business relationship manager. You don’t even have to visit a branch as per this data point on reddit. Applying through a BRM banker is also one of the ways to bypass Chase 5/24 restrictions.
Chase is celebrating Small Business Month with a best ever offer for the Chase Ink Preferred Card. You can earn a bonus of up to 160,000 Ultimate Rewards points, but the offer is available in branch only during the month of May. You need to spend a total of $50,000 to get the full bonus, but you also have the option to earn the public bonus of 100,000 points after spending $15,000.
Offer
- Earn 100,000 BONUS POINTS after you spend $15,000 on purchases in the first 3 months from account opening.
- Plus an additional 60,000 BONUS POINTS after you spend $50,000 on purchases in the first 6 months from account opening.
- $95 Annual Fee (Not waived)
Find your nearest Chase branch here.
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
Applying for the Card
Chase business cards do not report to your personal credit report, so will not affect your Chase 5/25 status. But, this card falls under the 5/24 rule itself, so it will be out of reach for many people.
Chase Ink Preferred 160K Bonus: Guru’s Wrap-up
The regular offer for the Chase Ink Preferred Business Card is 100,000 Ultimate Rewards points. You can still earn that bonus, but you also have the opportunity to spend an extra $35,000 within the first six months to get an additional 60,000 points. It works out to an additional 1.7X Ultimate Rewards on all purchases. That’s a pretty good deal, especially if the spending is in categories that earn 3X.
HT: prateek07
