Chase Ink Business Preferred welcome offer reaches new heights with 120k points for big spenders
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“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.
BLUEPRINT
Published 2:36 p.m. UTC July 11, 2024
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Chase’s business credit card lineup is incredibly strong with cards to suit a range of small business needs. Arguably the issuer’s flagship business card, the Ink Business Preferred® Credit Card * The information for the Ink Business Preferred® Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. offers strong earnings on business purchases and the ability to earn valuable Chase Ultimate Rewards®. Now, a new limited-time welcome offer for the Chase Ink Business Preferred Credit Card has launched — and it’s one you’ll want to jump on.
Chase Ink Preferred credit card welcome offer
The newly-launched welcome offer for the Chase Ink Preferred credit card is massive, though it comes with a substantial spending requirement to match:
- Earn 120,000 points after spending $8,000 on purchases in the first three months of account opening.
Depending on your typical monthly business spend, $8,000 in just three months may be a little more than you’d normally be able to handle. However, the reward is definitely worth the effort.
The previous bonus for the Chase Ink Preferred credit card was 100,000 points after spending $8,000 on purchases in the first three months of account opening, which means new applicants have the chance to earn an extra 20,000 points.
The Chase Ink Preferred credit card rewards business owners on spending, including 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year and 1 point per $1 on all other purchases. Business categories include shipping, internet, cable and phone services, social media and search engine advertising and travel.
Maximizing Chase Ultimate Rewards
The Chase Ultimate Rewards points that the Chase Ink Preferred card earns are worth 25% more when redeemed for travel in the Chase Travel℠ portal. But what makes this bonus so valuable is that those points are also transferable to its 14 hotel and airline partners. While a value of 1.25 cents per point for travel through Chase is a good return, there’s a lot more value to be had when transferring.
For example, you can transfer those Chase points to Flying Blue, which is the loyalty program of Air France and KLM, at a rate of 1:1. Flying Blue charges very reasonable prices for business class flights across the Atlantic. You could use just 50,000 miles, less than half the welcome offer to cover a one-way flight from Chicago (ORD) to Amsterdam (AMS) in business class.
That same flight, meanwhile, would cost over $3,500 if paid for with cash. This means your points can be worth a whopping 7 cents per point.
With more than 70,000 points left in your pocket, you’d have more than enough for a business class flight back and even a few hotel nights with transfer partner World of Hyatt.
The bottom line
Chase’s elevated welcome offer for new cardholders delivers 120,000 points after spending $8,000 on purchases in the first three months of account opening. That’s up 20,000 points from the previous offer, with no additional requirements. If you don’t already have the Ink Business Preferred and your business can comfortably meet the minimum spending requirement in three months, now’s the time to apply, especially since you can get huge value when transferring to Chase’s travel partners.
*The information for the Ink Business Preferred® Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.
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