Chase Ink Business Preferred: 100k Ultimate Rewards On $15k Spend In 3 Months

The standard welcome offer on the Chase Ink Business Preferred card has just been increased from 80,000 to 100,000 Ultimate Rewards, although it’s come with an increased spend requirement as you’ll now have to spend $15,000 in three months in order to receive the bonus.

The Offer & Key Card Details

Click the name of the card below to go to our dedicated Frequent Miler page for this card, where you’ll find more information and a link to apply.

Chase Ink Business Preferred Card
100K points
100K after $15K spend in 3 months

$95 Annual Fee

FM Mini Review: Great card for signup bonus and 3X categories. Also consider the no-fee Chase Ink Cash for its 5X categories, and the no fee Ink Business Unlimited to earn 1.5X everywhere.


Card Type: Visa Signature Business

Base
Travel
Phone
Biz
Other

Earning rate: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year) ⚬ 5X Lyft

Noteworthy perks: ⚬ Points worth 25% more when redeemed for travel ⚬ Cell phone protection against theft or damage

See also: Chase Ultimate Rewards Complete Guide

Quick Thoughts

Any opportunity to earn 100,000 Ultimate Rewards is a welcome sight, although the increased spend requirement will be harder for some people to reach. The old welcome offer was 80,000 Ultimate Rewards on only $5,000 of spend, so this new offer gives you an extra 20,000 points but requires an extra $10,000 in spend.

In theory that means your final $10,000 of spend is earning an extra 2x which is still pretty good, especially if it’s being spent in any of the 3x categories:

  • Travel
  • Shipping purchases
  • Internet, cable and phone services
  • Advertising purchases with social media sites and search engines

Having said that, Doctor of Credit notes that the old welcome offer of 80,000 Ultimate Rewards on $5,000 of spend is still available via referral link, with the person giving the referral earning 20,000 Ultimate Rewards if the application is approved. If you’re being referred by someone else in your household, you’d be earning a combined amount of 100,000 Ultimate Rewards without having to spend an extra $10,000.

Seeing as this 100k/$15k welcome offer is the new standard offer, it’s not clear how long referral links for the old offer will be available. If you’re interested in the lower spend requirement of the old offer, it might be best to get a referral link now in case that changes in the coming days.

However, if you wouldn’t have any problem knocking out $15,000 of spend in three months and have someone in your household that already has an Ink card, it might be better to wait to see if the referral offer changes in the coming days or weeks. If the referral offer changes to this 100k/$15k offer, you could earn 100,000 Ultimate Rewards while your family member could pick up 20,000 Ultimate Rewards for referring you.

Note that although this card is subject to Chase’s 5/24 rule in terms of obtaining it, you won’t be adding to your 5/24 count if you’re approved for it due to the Chase Ink Business Preferred card being a business card rather than a personal card.

Chase 5/24 semantics ("Subject to" vs. "Count towards"): Most Chase cards are subject to the 5/24 rule. That means the rule is enforced in making approval decisions. In other words, you probably won't get approved if your credit report shows that you opened 5 or more cards in the past 24 months. Meanwhile, most business cards (such as those from Chase, Amex, Barclaycard, BOA, Citi, US Bank, and Wells Fargo) are not reported on your personal credit report. These cards do not count towards 5/24.

Example: Chase Ink Business Preferred is subject to 5/24, so you likely won't get approved if over 5/24. If you do get approved, it won't count towards 5/24 since it won't appear as an account on your credit report.

We have added this to our Best Offers page. For more information about this card and its benefits, see our card-specific page by clicking the card info above. You’ll also find a link to apply on that page.

About Stephen Pepper

Stephen Pepper is on a 5 year, 50 state road trip with his wife Shae and their dog Truffles. Finding opportunities to earn miles and points is one of the ways they can afford to do this, so he'll try to help you do the same for your own travels.

More articles by Stephen Pepper »

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YoniPDX
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YoniPDX

Collecting transferable points that can also be cashed out or redeemed at 1.25~1.5cpp toward travel use is a safe place to earn points for the interim -while COVID19 shales out.

Byron
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Byron

My wife just got, 1 mos. ago, the Ink Bus. Cash. Any thoughts if she could get this card?

Kayexelate
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Kayexelate

Any idea how long the referral links are valid for? I currently have the ink card and was going to refer my spouse this summer ~2 years after she last applied for it. If I send my referral link now, will it still be valid in 3-4 months?

If I send the referral link this summer, will it be for the terms I received (80k points/$5k spend) or the new terms (100k points/15k spend)