Ink Business Preferred® Credit Card Review (2025.11 Update: 100k Offer; New Bonus Restriction)

Geo 2025-11-21 2025-11-21

Non-affiliate disclosure: all information about the this card have been collected independently by US Credit Card Guide and has not been reviewed by the issuer.

2025.11 Update: The new offer is 100k.BTW, there’s a new bonus restriction on this card: “The new cardmember bonus may not be available to you if you have ever had this card.”

2024.9 Update: The 120k offer is expired.The current offer is 90k.

2024.7 Update: The new offer is 120k.This is the best offer on this card.

Application Link

Benefits

100k offer: earn 100,000 Ultimate Rewards (UR) points after spending $8,000 within the first 3 months.
The recent best offer is 120k.
We estimate that Ultimate Rewards (UR) points are worth about 1.6 cents/point, see below for a brief introduction.So the 120k highest sign-up bonus could be worth about $1,920!
If you have this card, you can transfer your UR points to partner airlines miles and hotel points, similar to CSP.
Earn 3x UR per $1 spent on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year.
Earn unlimited 1x UR per $1 spent on all other purchases.
[New] “Points Boost”: you can redeem your UR points on Chase Travel, with value up to 1.5 cents/point for some flights and hotels (up to 1.75 cpp for premium cabin).(The default value is 1.0 cent/point.) This feature replaced the old 1.25 cents/point fixed value redemption feature.However, with CSR, the redemption rate is up to 2.0 cents/point, therefore it is more recommended to use CSR to redeem UR points in this way.
Purchase Protection – Covers your new purchases for up to 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Primary car rental insurance, but for business purpose only.
Note that, unless you can prove that you are traveling on business (which you will be required to do in the case of a claim), you will be better using the primary car rental insurance on the Chase Sapphire Preferred or the Chase Sapphire Reserve.
Cell phone protection: get up to $600 per claim in cell phone protection against covered theft or damage for you and your employees listed on your monthly cell phone bill when you pay it with your Chase Ink Business Preferred credit card.Deductible $100.
Refer a friend: You can earn 20,000 bonus UR points for every approved account you refer, up to a maximum of 100,000 UR points per calendar year.
No foreign transaction fee.

Disadvantages

Annual fee of $95. The fee is no longer waived if you apply in-branch.

Introduction to UR Points

You can earn UR points with Chase Freedom Student, Chase Freedom, Chase Freedom Unlimited (CFU), Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), Chase Ink Cash (Business), Chase Ink Unlimited (Business), Chase Ink Preferred (Business), etc.

You can move your UR points from one UR card to another at any time.

UR points never expire.You will lose the UR points on one card if you close the account, but you can prevent losing your UR points by moving the points to another UR card beforehand.

If you have Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), or Chase Ink Preferred (Business), UR points can be transferred to some hotel points.One of the best way to use UR points is to 1:1 transfer to Hyatt points.

UR points can also be transferred to some airline miles.One of the most common and best way to use UR points is to 1:1 transfer them to United Airlines (UA) miles (Star Alliance), and combine them with the UA miles earned from the UA card.Other good options are: Southwest (WN) (Non-alliance), British Airways (BA) (Oneworld), Virgin Atlantic (VS) (Non-alliance), etc.If you use UR points in this way, the value is about 1.6 cents/point.

If you have Chase Sapphire Reserve (CSR), you can redeem your UR points for up to 2.0 cents/point towards air tickets or hotels on Chase Travel with the "Points Boost" feature; if you have Chase Sapphire Preferred (CSP) or Chase Ink Preferred (Business), the value is up to 1.5 cpp (or 1.75 cpp for premium cabin).

If you have any of the UR cards, you can redeem your UR points at a fixed rate 1 cent/point towards cash.

In summary, we estimate that UR points are worth about 1.6 cents/point.

For more information about UR points, see Maximize the Credit Card Points Values (overview), and Introduction to UR: How to Earn and Introduction to UR: How to Use (very detailed).

Recommended Application Time

[5/24 Rule] If you have 5 or more new accounts opened in the past 24 months, Chase will not approve your application on this card, no matter how high your credit score is.
The number of new accounts includes all credit card accounts, not only Chase accounts.See this post for details about how to possibly bypass this rule.
You are not eligible for this sign-up bonus if you received a sign-up bonus on this card within 24 months.Note that what this 24-month clock starts from when you last got the sign-up bonus, not the time you open the account or close the account.[Correction] There is no such rule for Chase Ink series!
[New] Chase introduced a once-per-lifetime rule: The new cardmember bonus may not be available to you if you have ever had this card.
Don’t apply for more than 1 Chase business credit cards within 30 days, it’s highly likely that you will get rejected.
We recommend that you apply for this card after you have had a credit history for more than a year.

Summary

The sign-up bonus is very generous, so it is definitely worth applying if under 5/24. If you have a business that is able to max out the 3x UR earning categories to earn an extra 450,000 UR per year, this card is a no brainer.

If you find it hard to justify the annual fee, you can also product change this card to a no-annual fee card (Ink Cash or Ink Unlimited).

Related Credit Cards

Recommended Downgrade Options

After Applying

Call 800-453-9719 to check Chase business cards application status.This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.

Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805.It’s pretty hard to recon Chase business cards.Be prepared to be asked about a lot of details of how your business operates.

Historical Offers Chart

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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.