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: Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months after account opening.
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:
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.
- Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months after account opening.
- 3X Points on Travel, Shipping, Advertising (Social Media and Search Engines), Internet, Cable, and Phone on the First $150,000 Each Account Year
- 25% Additional Points Value in Travel Redemption
- Primary Rental Car Insurance
- Trip Cancellation/Interruption Insurance
- Cell Phone Protection
- Purchase Protection and Extended Warranty
- No Foreign Transaction Fees
- $95 Annual Fee
Earning Points with Ink Preferred
The Ink Business Preferred offers several nice bonus categories that can be lucrative to small business owners, including:
- 3 points per dollar on travel;*
- 3 points per dollar on shipping purchases;*
- 3 points per dollar on internet, cable, and phone services;*
- 3 points per dollar on advertising purchases made with social media sites and search engines;* and
- 1 point per dollar on all other eligible spending.
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
Ink Business Preferred points come in as Chase Ultimate Rewards, and that currency is one of the strongest in the game. You've got two main paths to spend them.
The easier option is booking through Chase Travel. Points Boost lets you redeem for up to 1.75 cents each on select flights, hotels and rental cars, so you're getting solid value without any extra steps.
The bigger win, though, comes from transferring points to airline and hotel partners. This is where you can turn a modest points balance into a business class seat or a five-star hotel stay that would otherwise cost thousands in cash.
The current transfer partners are: Aer Lingus, Air Canada Aeroplan, Air France KLM Flying Blue, British Airways, Emirates, Hyatt, Iberia, IHG, JetBlue, Marriott, Singapore KrisFlyer, Southwest, United, Virgin Atlantic, and Wyndham.
Most transfers land in your loyalty account within minutes, so you won't be stuck waiting around once you've found the flight or room you want.
A few examples show just how far this can stretch. Transfer to World of Hyatt and you could book a free night at a luxury property that normally runs $1,000 or more. Send points to an airline partner instead, and a business or first class ticket priced at $10,000 in cash suddenly costs a fraction of that in miles.
One more perk worth knowing: when you redeem points for flights booked directly with an airline, you'll still earn miles and elite credit on that trip, just like a paid fare. Hotel redemptions typically don't work the same way.
The real advantage here is flexibility. You're not tied to one program, and you can hold your points until you're ready to book.
