Welcome bonuses can be a great way to quickly earn lots of points, but it’s important to open a card when it is near its highest level. Below is a history of the welcome bonus for the Ink Business Preferred® Credit Card and when we recommend applying for this card.
Full Review: Chase Ink Business Preferred®.
Current Welcome Bonus
The Ink Business Preferred® Credit Card currently offers the following welcome bonus: bonus_miles_full
Best Ever Welcome Bonus for Ink Preferred
The current welcome bonus for the Ink Business Preferred® Credit Card of 100,000 bonus points is the best ever bonus.
Welcome Bonus History
Below is the history of the welcome offers for the Ink Business Preferred, which has stayed steady for the last four years:
| Approximate Date | Welcome Bonus |
|---|---|
| July 2024 to Now | Earn 120k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. |
| April 2020 to July 2024 | Earn 100,000 bonus points after you spend $15,000 in the first three months from account opening. |
| January 2020 to March 2020 | Earn 80,000 bonus points after you spend $5,000 in the first three months from account opening. |
When to Apply for the Ink Business Preferred?
I would recommend applying for the Ink Business Preferred when the bonus is at least 100,000 points.
Earning Points with Ink Preferred
The Ink Business Preferred offers several nice bonus categories that can be lucrative to small business owners, including: The 3x bonus points are limited to the first $150,000 spent in combined purchases every account anniversary year. After reaching the $150,000 cap in these bonus categories, your earning rate drops to 1 point per dollar spent.
Card Benefits of Ink Business Preferred
The Ink Business Preferred offers the following benefits to cardholders: Trip Delay Insurance: When your trip is significantly delayed due to covered reasons like equipment failures or severe weather, this protection reimburses you for reasonable expenses including lodging, meals, toiletries, and medication. The coverage activates when you pay for travel with your card and extends to family members on the same itinerary, though you’ll need to seek reimbursement from the travel carrier first. Cell Phone Protection: When you use your card to pay your monthly phone bill, you’ll receive valuable coverage against damage or theft of your device. Primary Rental Car Insurance: When you rent a car and pay with this card, you’ll receive comprehensive coverage including damage and theft protection. Simply decline the rental company’s collision damage waiver and charge the entire rental to your card to activate coverage. This insurance covers damage, theft, and valid loss-of-use charges worldwide. Trip Cancellation & Interruption Insurance: This protection reimburses you for non-refundable, prepaid travel expenses if you need to cancel before departure or cut your trip short due to covered situations like severe illness or weather events. Coverage activates when you pay for your trip with the card, but it’s important to note that reimbursement only applies for specific covered reasons rather than any cancellation. Extended Warranty Protection: Your purchases gain an extra year of warranty protection when bought with this card, extending manufacturer warranties of three years or less without the inflated prices of store warranty plans. 120-Day Purchase Protection: Get 120 days of protection against damage, theft, and even loss of your purchases – one of the longest windows available. This premium coverage automatically applies when you pay with your card. No Foreign Transaction Fees: You’ll save money on every purchase while traveling internationally since this card doesn’t add the typical 3% surcharge that many other cards impose.
Redeeming Chase Ultimate Rewards
The Ultimate Rewards points you earn with the Ink Business Preferred are among the most valuable and flexible rewards currencies available, providing many redemption options to suit your needs and preferences. One of the simplest ways to redeem points is through the Chase Travel℠ portal, where each point is worth 1.25 cents towards travel purchases like flights, hotels, rental cars, and cruises. This option provides a straightforward way to get solid value from your points without having to worry about blackout dates, availability restrictions, or complex award charts. Plus, unlike traditional airline and hotel award bookings, you will earn points and miles on the flights and stays booked through the portal. However, you can get more value by transferring points to Chase’s airline and hotel partners (listed below) can unlock even greater value. Points transfer to partners at a 1 to 1 ratio, such as United, Hyatt, Air Canada, and Air France. By strategically booking high-value award redemptions, you can often realize significantly more than 1.25 cents per point in value. If you prefer simpler redemptions, you can also cash in your points for statement credits, direct deposits, gift cards, or purchases at Amazon or Apple, typically at a rate of 1 cent per point.
Ultimate Rewards Transfer Partners [1 to 1]
Aer Lingus
Air Canada Aeroplan
Air France/KLM
British Airways
Emirates
Hyatt Hotels
Iberia
IHG Hotels
JetBlue
Marriott
Singapore
Southwest
United
Virgin Atlantic
