Ink Business Preferred Credit Card just increased its welcome bonus to 100,000 points after you spend $15,000 on purchases in the first 3 months from account opening (excluding cash-like transactions such as balance transfers, cash advances, travelers checks, money orders, wire transfers or lottery tickets and casino gaming chips). This is an increase of 20k from the previous 80k offer.
If you redeem these 100K points through Chase Ultimate Rewards that’s an estimated value of $1,250 towards your travel rewards and you can redeem the points for cash back, gift cards, experiences, and more. The most lucrative redemptions come from transferring to airlines. Your points don’t expire as long as your account is open.
The Ink Business Preferred Credit Card earns 3 points per $1 on the first $150,000 per year spent on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines. You will also earn 1 point per $1 on all other purchases – with no limit to the amount you can earn.
To earn even more rewards, add employee cards to your account at no additional cost. You can set individual employee spending limits as well. There are no foreign transaction fees when you use your Ink Business Preferred Credit Card for purchases made outside of the United States.
Conclusion
While we have seen a 100k offer before, in branch through a relationship manager during small business week, this time it is a 100k public offer. Although the spending requirement is high, remember this is a business card, and many businesses will have no problem meeting that requirement.
To give you an idea of the kind of rewards 100k points can get you, Credit Shifu redeemed approximately 106k points from the Chase Ink Preferred, transferred to the Chase Sapphire Reserve (which made the points 1.5c in value each instead of 1.25c), for five nights at the 5-star Regent hotel in Taipei – a value of $1600. The hotel even features an Amex centurion or Black Card holders only lounge. Basically the Ink Business Preferred® Credit Card and the Chase Sapphire Reserve® together are a great combination.
