Chase Ink Business Preferred®

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Ink Business Preferred® Credit Card – Card Art.png

Ink Business Preferred® Credit Card Review
Annual Fee: $95
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The Chase Ink Business Preferred® Credit Card is a top choice for entrepreneurs and business owners who want to turn everyday business expenses into valuable travel rewards. With impressive earning potential, flexible redemption options, and practical travel protections, this card is a smart asset for businesses that spend heavily across key operational categories.

A Robust Introductory Offer

One of the highlights of the Ink Business Preferred is its generous introductory offer: you’ll earn 90,000 bonus points after spending $8,000 within the first 3 months from account opening.

For businesses that regularly invest in growth—whether through shipping, advertising, or travel—this welcome offer provides a strong return right out of the gate. Alternatively, you can transfer points 1:1 to Chase’s travel partners, unlocking potential for even greater value.

Earn Rates Geared Toward Business Spend

Unlike consumer cards that focus on dining and streaming, the Ink Business Preferred is optimized for common business expenses. You'll earn:

3x points on the first $150,000 spent in combined purchases in the following categories each account anniversary year:
- Shipping
- Advertising on social media and search engines
- Internet, cable, and phone services
- Travel
5x points on Lyft rides through 09/30/2027
1x points on all other purchases

This targeted structure is ideal for companies that run online marketing campaigns, ship products, or have frequent travel needs. After you hit the $150,000 cap, all purchases revert to 1x point.

Transferring Points: Unlocking Maximum Value

One of the most powerful features of the Ink Business Preferred® Card is the ability to transfer your Chase Ultimate Rewards® points to a variety of travel partners at a 1:1 ratio. This means that for every 1,000 Chase points you transfer, you’ll receive 1,000 points or miles in the partner’s loyalty program (assuming there’s no transfer bonus). This feature is ideal for travelers who want to maximize the value of their points by leveraging airline and hotel loyalty programs.

Chase has partnered with several leading airlines and hotel chains, giving cardholders access to a wide range of redemption options. Here’s a list of Chase’s current transfer partners:

Hotel Partners

IHG One Rewards
Marriott Bonvoy
World of Hyatt

Maximizing Value with Transfers

To get the most out of your points, it’s worth researching the best redemption options for your travel plans. For example:

Use award search tools to identify high-value redemptions
Look for promotions or bonus offers from Chase’s transfer partners, which can sometimes provide additional value (e.g. 30% bonus on transferred points)

Travel Insurance Benefits: Peace of Mind While Traveling

The Ink Business Preferred is well-regarded for its robust travel insurance benefits, which provide cardholders with peace of mind when booking trips. These benefits include:

Trip Cancellation/Interruption Insurance: If your trip is canceled or cut short by sickness, severe weather or other covered situations, you can be reimbursed up to $5,000 per covered traveler and $10,000 per trip for your pre-paid, nonrefundable travel expenses, including passenger fares, tours, and hotels.
Auto Rental Coverage: Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is primary when renting for business purposes and provides reimbursement up to $60,000 for theft and collision damage for most rental vehicles with an MSRP of $125,000 or less.

Cell Phone Protection: Get up to $1,000 per claim in cell phone protection against covered theft or damage for cell phones listed on your monthly cell phone bill when you pay it with your eligible credit card. Maximum of 3 claims in a 12-month period with a $100 deductible per claim.

Final Thoughts: Is the Ink Business Preferred Right for You?

If your business regularly spends in categories like shipping, online advertising, tech services, or travel, the Ink Business Preferred offers excellent rewards and coverage for a modest $95 annual fee.

It’s especially compelling for companies aiming to reinvest in growth while earning points for future business or leisure travel. The strong intro bonus, flexible redemption options, and useful protections make it a powerful tool for any business rewards strategy.

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