5 reasons to get the Ink Business Preferred card


While choosing a credit card for your business can be a complicated mess, sometimes a card does come along that simplifies the process a bit. With great rewards and great value, the Ink Business Preferred® Credit Card is one of those cards that makes the decision easier for you.

Here are five reasons to get the Ink Business Preferred® Credit Card.

1. The welcome bonus

Welcome bonuses on business credit cards tend to be generous, and the Ink Business Preferred® Credit Card is no exception. This card offers the following welcome bonus: Earn 100,000 bonus points after spending $ 15,000 on purchases in the first 3 months after opening the account. This is $ 1,000 or $ 1,250 cash back for travel when redeemed through Chase Ultimate Rewards®.

2. Great point redemption value

The value of Chase Ultimate Rewards® points varies depending on how you use them, but one point is worth at least 1 cent. In other words, these points of your welcome bonus are worth the equivalent of at least $ 800 in rewards via a gift card at over 70 retailers, cash back or credit on the statement, or on Amazon. .

But if you redeem your Ultimate Rewards® points for travel through the Chase Travel Portal, they’re worth even more. The bonus will earn you $ 1,250 in travel rewards with a 25% bonus for redeeming points through Chase Travel. With a value of 1.25 cents per point, it’s hard to imagine redeeming them for anything other than a vacation.

If you want even more flexibility, you can transfer your Ultimate Rewards® points at a 1: 1 ratio to Chase’s hotel and airline transfer partners like Hyatt and United. Before your transfer, it’s always a good idea to compare prices and availability to make sure you’re getting a better deal than by booking through Chase Travel.

3. Strong bonus categories

For most expense categories, you will receive one point per dollar. However, with merchants coded as travel, shipping, internet, cable, phone, and ad purchases with search engines and social media websites, you will earn 3 points for every $ 1 spent.

For most businesses, these categories are key and regular business expenses. In other words, you can get reliable and predictable usage of your bonus categories unlike credit cards with rotating cash back categories.

Your first $ 150,000 spent annually in these categories are eligible to earn 3 points for $ 1, but even if you exceed this threshold, you will still earn 1 point for $ 1.

4. Cell phone protection

A reliable phone is essential for almost any business. With the Ink Business Preferred® Credit Card, you will earn 3 points for $ 1 on your phone plan and receive cell phone protection. If your phone or your employees’ phones are damaged or stolen, Chase will pay you $ 600 per claim, with a deductible of $ 100.

This benefit only applies when you pay your cell phone bill with your card, and there are limits on the number of claims you can make in a 12 month period. Still, some protection is better than nothing, especially when you don’t have to pay extra for it, and that’s a tempting reason to consider the card.

5. Benefits that make the annual membership fee attractive

With nominal value $ 95 annual fee, the benefits you get quickly outweigh the cost of the card.

Additional benefits include:

Employee cards at no additional cost

Assign as many cards as you want to your employees and watch the rewards pile up.

Zero foreign transaction fees

No matter where your business takes you, don’t worry about pesky foreign transaction fees.

Trip cancellation and interruption insurance

For frequent travelers, this card offers trip cancellation and interruption insurance on non-refundable airline tickets, tours and hotels.

Car rental coverage

If you are traveling on business, you may feel free to decline the supplemental insurance offered by rental companies. This exemption covers reimbursement up to the cash value of the vehicle in the event of theft and collision.

Purchase protection

In a world where credit cards are increasingly ditching their most lucrative perks, a purchase protection business card is the safety net you hope you never need. Ink Business Preferred® Credit Card offers 120 days of protection against damage and / or theft up to $ 10,000 per claim on purchases made with the card.

Extended warranty protection

Refuse this expensive warranty extension when paying for your big purchase with the Ink Business Preferred® Credit Card. This protection adds an additional year to eligible guarantees.

How to Maximize Your Rewards

You want a travel credit card that prioritizes what’s important to you. Here are our choices for the best travel credit cards of 2021, including those that are best suited:

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