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 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
