He Ink Business Preferred® Credit Card is popular among small business owners because it earns transferable Ultimate Rewards points across multiple common business spending categories.
It is currently offering new applicants a welcome bonus of 90,000 points after spending $8,000 on purchases within the first three months of account opening.
Let’s examine the types of purchases that earn bonus points on the Ink Business Preferred Credit Card and details of the sign-up bonus.
Bonus Categories
With the Ink Business Preferred Credit Cardyou will win 3 Chase Ultimate Rewards Points per dollar on the first $150,000 you spend on combined purchases each account anniversary year in the following categories:
- Travel
- Purchase shipping
- Internet, cable and telephone services
- Advertising purchases with social media sites and search engines.
If you spend $150,000 in these categories during an account’s anniversary year, you’ll earn 450,000 Ultimate Rewards points on your purchases.
Based on TPG January 2025 valuation of Chase Ultimate Rewards Points At 2.05 cents each, these points would be worth a whopping $9,225.
Even if you only value Ultimate Rewards points at the 1.25 cents of value you can get from the Chase Travel℠ Portal (1.5 cents if transfer your Ultimate Rewards points toward Chase Sapphire Reserve®), these points would still be worth $5,625 in travel, giving you a minimum return of 3.75% on your purchases.
Related: How to choose the right credit card for your business expenses
Daily newsletter
Reward your inbox with TPG’s daily newsletter
Join over 700,000 readers to receive breaking news, in-depth guides, and exclusive offers from TPG experts.
Qualified Traders
You may be wondering exactly which merchants are covered by Ink Business Preferred’s 3 points per dollar bonus categories. Fortunately, Chase provides more guidance. on your website. Here are the definitions:
Travel
Merchants in this category include airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds, and operators of passenger trains, buses, taxis, limousines, ferries , bridges and toll roads and parking lots. and garages.
Some merchants who provide transportation and travel-related services are not included in this category, such as real estate agents, educational merchants who organize trips, goods and services on board, goods and services on board cruise lines, tourist activities, excursions, tourist services . attractions, RV and boat rentals, merchants inside hotels and airports, public campgrounds, and merchants who rent vehicles for the purpose of transportation. Purchases made from gift card merchants or merchants that sell points or miles will not qualify in the travel category.
Related: What purchases count as trips with Chase Sapphire Preferred and Chase Sapphire Reserve?
Purchase shipping
Merchants in this category specialize in mailing packages, transporting cargo, and transporting goods or documents. Shipping merchants include couriers, postal and freight forwarding companies, express shipping services, and mailbox stores.
Merchants who sell a wide variety of general products but also ship items, including office supply stores that also mail packages, will not be included in this category. The additional cost of shipping something you purchase or using a third party (like Amazon) for bulk storage and shipping will not qualify. Merchants who primarily sell boxes, packing tape, bubble wrap, or other shipping supplies are also not included in this category.
Internet, cable and telephone services
Only purchases of Internet, cable, satellite television and radio, cellular, wireless data and landline services will qualify.
Equipment purchases are not included. If you purchase or pay for your Internet, cable and satellite television, telephone or related services in-store from a merchant that is not classified by the merchant in the applicable service category, the purchase or payment will not qualify; for example, telephone bill payments at a merchant’s store classified as a telephone equipment store.
Advertising purchases with social media sites and search engines.
Merchants in this category include social media websites and online search engines that advertise a company, brand, products or services.
Advertising purchases not made directly from a social media website or online search engine merchant may not qualify; for example, advertising purchases made through a third party, such as an advertising agency or web designer offering related services. Additionally, purchases made on social media websites or online search engines other than for advertising will not qualify; for example, subscriptions or app purchases.
Related: Five Reasons to Get the Chase Ink Business Preferred Credit Card
Welcome bonus
Currently, the Ink Business Preferred Credit Card offers new applicants a sign-up bonus of 90,000 bonus points after spending $8,000 on purchases in the first three months of account opening. These 90,000 points are worth $1,845, according to TPG’s January 2025 report ratingsif you transfer them to airlines and hotels associated with the program.
There is 11 airlines and three hotels are Chase Ultimate Rewards transfer partnersso you can catch many sweet spots when you use this redemption option.
A valuable transfer partner is Hyatt World for downgraded refunds either high class properties. Another popular option is to transfer to Iberia to redeem for non-stop long-distance flights between the US and Madrid.
Finally, Air Canada airplane It’s a solid transfer option thanks to its region, distance-based award chart, and plenty of partner airlines for which you can redeem miles.
If you plan to use your points to book travel through the Chase Travel℠ Portal at 1.25 cents per value point (1.5 cents if transfer your Ultimate Rewards points toward Chase Sapphire Reserve®), the sign-up bonus would still be worth $1,500 in travel.
In a nutshell
He Ink Business Preferred Credit Card It has a $95 annual fee and allows for accelerated earnings in the Chase Ultimate Rewards landscape.
Now that you better understand the 3 points per dollar earning categories, you can use Ink Business Preferred alone or add other cards that earn Chase Ultimate Rewardslike him Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card into the mix to further maximize the points you earn.
For more information about the card, read our full review of Ink Business Preferred.
Apply here: Ink Business Preferred Credit Card
Related reading:
