He debut of the Chase Sapphire Reserve for Business℠ (see rates and rates) has added a new solid product to Chase’s commercial credit card line up. The card offers high income rates and a wide range of travel loans and commercial declaration, but comes with a considerable annual rate of $ 795.
Therefore, it is possible that you wonder if this card is worth it, especially if you already have another Chase Business credit card such as the Ink Business Prefered® credit card (see rates and rates), with an annual rate of $ 95 more manageable. Even if you don’t have the preferred Ink business and has been thinking of requesting it, you could consider opening both business cards.
Let’s explore why having both the sapphire reserve for business and the favorite business makes sense.
Welcome two welcome bonds
Winning a great Welcome Bonus In a new credit card it is one of the fastest ways to accumulate travel rewards. That large sum of points can help finance your next trip, and it is even better if you can win them through two welcome offers.
Currently, new card holders of the Chase Sapphire Reserve for Business You can earn 200,000 bonus points after spending $ 30,000 on purchases in the first six months since the opening of the account. Meanwhile, the new card holders of the Preferred ink business You can earn 90,000 bonus points after spending $ 8,000 in the first three months from the opening of the account.
Therefore, it would win almost 300,000 Chase Ultimate Rewards points after meeting the minimum expenditure requirement and obtaining the two welcome bonds. As an enthusiast of the persecution, it could book several business class flights transferring the points to air members to Maximum value.
Group your points
Card holders can Combine your points to further maximize value for having both Preferred ink business and Business sapphire reserve.
Ink Business’s preferred card holders can exchange their points for up to 1.75 cents through the Chase Travel℠ portal; However, as head of the most premium sapphire reserve card for business, you can exchange your points for up to 2 cents per point using Point impulse instead.
RELATED: Group of family points: how to transfer and maximize their rewards
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Maximize your credit line
He Preferred ink businessLike most credit cards, it gives card holders a Credit limit that determines how much you can Spend on the card monthly.
However, there may be times when your credit limit may not be enough. In this situation, the Chase Sapphire Reserve for Business It is a good option, because it offers a renewable credit limit and A flexible payment option.
You can take advantage of Flex For Business, a rotating credit line that allows payments over time. This gives you flexibility for large occasional purchases that can exceed your preferred credit limit for the ink business.
Take advantage of complementary income rates
He Chase Sapphire Reserve for Business The bonus gains categories focus on the trip:
- 8 points per dollar spent on Persecution reservations
- 5 points per dollar spent on Lyft (until September 30, 2027)
- 4 points per dollar spent on flights and hotels directly reserved
- 3 points per dollar spent on social networks and the advertising of search engines
- 1 point per dollar spent on All other purchases
Meanwhile, the Preferred ink business Win 3 points per dollar in the first $ 150,000 spent on combined purchases every year in the following:
- Travel
- Shipping purchases
- Internet, cable and telephone services
- Advertising purchases made with social media sites and search engines
Preferred ink business shopping purchases are widely defined. Therefore, you can make all eligible travel purchases apart from flights and hotels directly reserved with the carrier or hotel to earn 3 points per dollar. Then, you can reserve trips through the portal, flights and hotel directly, with the sapphire reserve so that the businesses maximize the 8 and 4 points per dollar, respectively.
Consider putting advertising purchases of search engines and search engines in the preferred Ink business until reaching the annual maximum of $ 150,000. In this way, it keeps its renewable credit line open in the Zafiro Reserve for Business for Big Purchases. Once it reaches the expense limit in the preferred ink business, you can continue to gain bonus points in these categories with the business sapphire reserve.
The best part is that points between both accounts can be combined, so you are gaining bonus points in many categories.
Related: 5 reasons for Chase Ink business to be preferred
Why not get both letters?
The main inconvenience of sustaining both letters is the combined annual rates.
He Chase Sapphire Reserve for Business It has a very high annual rate of $ 795. It may not be worth paying additional $ 95 for the Preferred ink businessespecially if you will not take advantage of the complementary income rates of the card and access to an additional credit line.
Related: How to decide if it is worth paying the annual credit card
End
Bringing two Chase commercial credit cards can be a useful way for a company to access more credit, giving flexibility with cash flow.
For carrying the Preferred ink businessIt can maximize card income rates in general travel, shipping and advertising purchases. Then, the Chase Sapphire Reserve for Business It can be the main travel reward card of your business to maximize profits on flights and hotels, not to mention trips related to trips.
For more information, read our Complete Review of the preferred ink business and ours Complete Review of the Sapphire Reserve for Business.
Apply here: Preferred ink business
Apply here: Chase Sapphire Reserve for Business
