Ink Business Preferred® Credit Card
100,000 bonus points and 3X on $150K in business spending
Earn 100,000 bonus points after $8,000 spend in 3 months, plus 3X points on travel, shipping, advertising, and internet/cable/phone on the first $150,000 each account anniversary year. Transfer points to 13 airline and hotel partners, 12 at 1:1, at 1.8 cents each. All for a $95 annual fee.
- Annual Fee
- $95
- Ultimate Rewards points · Welcome Bonus
- 100,000
- Highest rate (conditional)
- Up to 5X (Lyft)
Terms checked against the issuer on October 10, 2026
At a Glance
- Annual Fee
- $95
- Foreign Transaction Fee
- $0
- Network
- Visa Signature
- Rewards Currency
- Chase Ultimate Rewards
- Point Value (Transfer Estimate)
- 1.5–2.05 cpp (mid: 1.8)
- Credit Required
- Good to Excellent
Welcome Offer
100,000
Ultimate Rewards points
Spend $8,000 in the first 3 months
Earn 100,000 bonus points after spending $8,000 in the first 3 months. At 1.8 cents per point, the bonus is worth $1,800 toward travel when transferred to partners.
Earning Rates
- 3X
Travel
Travel includes airfare, hotels, car rentals, trains, buses, taxis, limos, cruises, travel agencies
Cap: $150,000/annual
- 3X
Shipping
US Postal Service, FedEx, UPS and other shipping services
Cap: $150,000/annual
- 3X
Telecom
Earn 3 points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year: Shipping purchases, Advertising purchases made with social media sites and search engines, Internet, cable and phone services, Travel
Cap: $150,000/annual
- 3X
Cable Tv
Internet, cable and phone services
Cap: $150,000/annual
- 3X
Advertising
Earn 3 points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year: Shipping purchases, Advertising purchases made with social media sites and search engines, Internet, cable and phone services, Travel
Cap: $150,000/annual
- 5X
LyftLimited time
Earn 5 points per $1 on Lyft rides through September 30, 2027
- 1X
All Other
All other purchases
Earning Scenarios
3X on Travel Purchases
Earn 3 points per dollar on airfare, hotels, car rentals, trains, buses, taxis, cruises, and travel agencies up to the $150,000 combined annual cap.
Spend $20,000 annually on business travel: earn 60,000 points worth $1,080 at 1.8 cents each.
3X on Shipping Services
Earn 3 points per dollar on USPS, FedEx, UPS, and other shipping services. Ideal for e-commerce businesses shipping inventory.
Spend $30,000 annually on shipping: earn 90,000 points worth $1,620 at 1.8 cents each.
3X on Social Media & Search Advertising
Earn 3 points per dollar on advertising with social media sites and search engines including Google Ads, Facebook Ads, Instagram, and LinkedIn.
Spend $50,000 annually on digital ads: earn 150,000 points worth $2,700 at 1.8 cents each.
3X on Internet, Cable & Phone
Earn 3 points per dollar on internet, cable TV, and phone service bills. Stack with cell phone protection for additional value.
Spend $3,600 annually on telecom: earn 10,800 points worth $194 at 1.8 cents each.
5X on Lyft Rides Through 9/30/2027
Earn 5 points per dollar on qualifying Lyft rides, bike, and scooter rides through September 30, 2027.
Spend $2,000 annually on Lyft: earn 10,000 points worth $180 at 1.8 cents each.
1X on All Other Purchases
Earn 1 point per dollar on purchases outside bonus categories with no earning caps. Points do not expire while the account is open.
Spend $50,000 annually on other purchases: earn 50,000 points worth $900 at 1.8 cents each.
Benefits & Perks
Annual Credits & Statement Credits
1 creditsDoorDash DashPass
Whether you're in need of a team lunch or office supplies, get complimentary access to DashPass with your Chase Ink Business Preferred card. Enjoy $0
—
Annual
Insurance & Protections
7 protectionsUp to $1,000 coverage for damaged or stolen phones
$1,000
Get up to $1,000 per claim (3 claims/year, $100 deductible) when your phone is damaged or stolen and you pay your wireless bill with this card.
Auto Rental Coverage
$60,000
primary
Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is primary when renting for business
Trip Cancellation and Interruption Insurance
$5,000
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
Purchase protection up to $10,000 per claim for 120 days
Get coverage for damage or theft on eligible purchases made with your card within 120 days of purchase
Primary rental car insurance covers damage and theft
Skip rental counter insurance with primary coverage for collision damage, theft, and loss-of-use charges on most rental vehicles worldwide.
Show all 7 protectionsShow fewer protections
Extended Warranty Protection adds one extra year
Extends the original U.S. manufacturer's warranty by 1 additional year on warranties of 3 years or less for total 4 years coverage.
Trip Cancellation Insurance up to $5,000 per person
Reimburses up to $5,000 per person for prepaid travel when your trip is cancelled or interrupted due to illness or severe weather.
Program & Transfers
Chase Ultimate Rewards
Chase Ultimate Rewards rewards earned with this card can transfer to 14 loyalty partners.
Chase Ultimate Rewards stands as the most versatile transferable points program, combining best-in-class hotel transfers, strong airline coverage, and valuable portal redemptions. The crown jewel is the World of Hyatt transfer, widely considered the best hotel transfer value in the industry, at 4:3 since October 1, 2026 (1,000 points become 750 Hyatt points). With 14 transfer partners spanning all three major alliances, Ultimate Rewards offers flexibility for both domestic and international travel. Southwest Rapid Rewards is a 1:1 partner, one of two transferable currencies (with Bilt) that reach Southwest. Chase's Southwest card terms do not say whether transferred points count toward the Companion Pass. Points Boost is card-specific: the Sapphire Preferred can reach up to 1.5 cents per point on select flights and hotels through Chase Travel, while the Sapphire Reserve can reach up to 2 cents per point. Pay Yourself Back values also depend on the card and current offer. This combination of transfer flexibility and fixed-value options makes Ultimate Rewards useful for both beginners and optimization experts.
Program Ratings
Recent Changes & News
Points Boost replaces fixed portal multipliers for new Sapphire cardholders, changing CSR from guaranteed 1.5cpp to variable 1.0-2.0cpp
Chase Sapphire Reserve Business card launched with 150,000 point welcome bonus and $120K annual spend threshold
Air Canada Aeroplan added as 14th transfer partner with instant transfers and 10% bonus for Chase Aeroplan cardholders on 50K+ transfers
The Edit luxury hotel collection launched for Sapphire Reserve holders with breakfast, $100 credit, and room upgrades
Transfer Partners (14)
Transfer your Ultimate Rewards points to 14 leading loyalty programs for maximum value.
Airlines
(10)Most partners accept Ultimate Rewards points at a 1:1 ratio with instant or near-instant transfers.
View detailed transfer ratios
Airlines
| Partner | Ratio | Transfer Time | Value Retained | Point Value |
|---|---|---|---|---|
| 1:1 | 7-10 days | — | — | |
| 1:1 | 7-10 days | 91% | 1.25 cpp | |
| 1:1 | 7-10 days | 85% | 1.3 cpp | |
| 1:1 | 7-10 days | 79% | 1 cpp | |
| 1:1 | 7-10 days | 79% | 1.35 cpp | |
| 1:1 | 7-10 days | 79% | 1.25 cpp | |
| 1:1 | 7-10 days | 79% | 1.25 cpp | |
| 1:1 | 7-10 days | 79% | 1.2 cpp | |
| 1:1 | 7-10 days | 73% | 1.25 cpp | |
| 1:1 | 7-10 days | 67% | 1.35 cpp |
Hotels
| Partner | Ratio | Transfer Time | Value Retained | Point Value |
|---|---|---|---|---|
| 1:1 | 7-10 days | — | 0.7 cpp | |
| 4:3 | 7-10 days | 103% | 1.65 cpp | |
| 1:1 | 7-10 days | 42% | 0.7 cpp | |
| 1:1 | 7-10 days | 36% | 0.6 cpp |
Sweet Spots — Best Redemptions
| Route / Property | Points | Book With | Cabin/Type | Value / Region |
|---|---|---|---|---|
| Intra-Europe in Economy on a Partner | 3,500 | British Airways Avios | economy | Europe |
| Intra-Europe in Economy | 3,500 | Iberia Plus | economy | Europe |
| Short Haul Intra-Europe | 4,000 | British Airways Avios | economy | Europe |
| Intra-Europe in Economy on a Partner | 4,000 | Virgin Atlantic Flying Club | economy | Europe |
| Intra-Europe in Economy | 7,500 | Flying Blue | economy | Europe |
| Intra-Europe on Star Alliance | 8,000 | United Mileageplus | economy | Europe |
| Domestic US in Economy | 4,600 | Jetblue Trueblue | economy | United States |
| Domestic US in Economy on a Partner | 6,300 | United Mileageplus | economy | United States |
| Domestic US and Canada in Economy | 7,100 | Air Canada Aeroplan | economy | United States |
| Domestic US in Economy on a Partner | 7,500 | Virgin Atlantic Flying Club | economy | United States |
| Domestic US in Economy on a Partner | 13,500 | British Airways Avios | economy | United States |
| Domestic US in Economy on a Partner | 15,000 | Singapore Krisflyer | economy | United States |
| US to Europe in Economy | 6,000 | Virgin Atlantic Flying Club | economy | Europe |
| US to Europe in Economy | 13,000 | Aer Lingus Avios | economy | Europe |
| US to Europe in Economy | 16,000 | Iberia Plus | economy | Europe |
| US to Iceland in Economy on a Partner | 17,000 | Jetblue Trueblue | economy | Europe |
| US to Europe in Economy | 25,000 | Flying Blue | economy | Europe |
| US to Europe in Economy | 26,700 | United Mileageplus | economy | Europe |
| US to Europe in Economy | 35,000 | Air Canada Aeroplan | economy | Europe |
| US to Hawaii in Economy | 8,000 | Southwest Rapid Rewards | economy | United States |
Showing top 20 of 54 sweet spots
Reviews & Analysis
Third-Party Rankings & Ratings
5 sourcesCategory Rankings (6 categories)
How It Compares
The Ink Business Preferred charges a $95 annual fee and earns 3X on $150,000 in combined business categories each year. The 100,000-point welcome bonus is worth $1,800 at our 1.8-cent Ultimate Rewards valuation, plus the card adds primary rental car coverage, cell phone protection, and complimentary DashPass.
Editorial Review
The Chase Ink Business Preferred is a $95-annual-fee business card built around transferable Ultimate Rewards points. It earns 3 points per dollar on travel, shipping, advertising, and internet/cable/phone services on the first $150,000 spent each account anniversary year, plus 5 points per dollar on Lyft rides through September 30, 2027. The current welcome offer is 100,000 bonus points after $8,000 in purchases within the first 3 months.
Key Takeaways
- 100,000 bonus points after $8,000 spend in the first 3 months; worth about $1,800 at our 1.8-cent Ultimate Rewards valuation. - 3X points on travel, shipping, social media/search advertising, and internet/cable/phone on the first $150,000 per account anniversary year. - 5X points on Lyft rides through September 30, 2027. - Transfers to the 13 airline and hotel partners on Chase's Ink Business Preferred page, 12 at 1:1; World of Hyatt transfers at 4:3 since October 1, 2026. - Cell phone protection up to $1,000 per claim with a $100 deductible and primary rental car coverage up to $60,000. - Complimentary DashPass for at least 12 months plus $10 off one non-restaurant DoorDash order per month through 2027. - No foreign transaction fees and free employee cards. - $95 annual fee is not waived the first year. - No bonus categories for dining or groceries.
Why This Card Could Be Right For You
Consider the Ink Business Preferred if:
- Your business spends heavily on travel, shipping, digital advertising, or telecom services. - You can comfortably spend $8,000 in 3 months to earn the welcome bonus. - You already hold or plan to hold a Chase Sapphire card to pool points and maximize transfer value. - You want primary rental car coverage for business rentals without paying for the rental company's CDW. - You pay a monthly cell phone bill large enough that $1,000-per-claim protection is meaningful. - You need free employee cards that earn at the full rate.
E-commerce businesses, digital marketers, and companies with regular travel expenses tend to extract the most value because these categories hit the 3X multiplier directly.
Read full review (4 more sections)
When This Card Is Not The Right Fit
Skip the Ink Business Preferred if:
- Your business spending is concentrated in dining, groceries, or general office supplies without significant shipping or advertising spend. - You prefer simple cash back over transferable points and partner award bookings. - The $8,000 minimum spend in 3 months is a stretch for your business cash flow. - You exceed $150,000 annually in the 3X categories and would lose most of the bonus after the cap. - You do not have or want a Chase Sapphire card to unlock higher redemption value.
Businesses that want premium perks like airport lounge access or annual travel credits will not find them here.
What To Know About Chase Ultimate Rewards
Ultimate Rewards is Chase's transferable points program. With the Ink Business Preferred, you can transfer points to 13 airline and hotel partners, mostly at a 1:1 ratio. We value Ultimate Rewards at 1.8 cents per point for transferable redemptions, though actual value ranges from 1 cent for cash back to 2 or more cents for premium cabin or Hyatt awards.
Key mechanics:
- Transfers require a premium Chase card; the Ink Business Preferred qualifies on its own. - Points do not expire as long as the account remains open. - World of Hyatt transfers change to a 4:3 ratio starting October 1, 2026, reducing Hyatt value unless you transfer before then. - The Chase Travel Portal redemption floor varies by linked card, but transfers to partners usually beat it.
The program rewards planning. If you will only redeem for cash back or statement credits, the points are worth just 1 cent each and this card loses much of its advantage.
How The Ink Business Preferred Fits In The Chase Ecosystem
The Ink Business Preferred is the only no-fee-adjacent Ink card that enables direct transfers to Chase travel partners. The Ink Business Cash and Ink Business Unlimited earn points that can be moved to the Preferred or a Sapphire card for transfer access.
Common pairings:
- Ink Business Cash: 5X on office supplies and internet/cable/phone on the first $25,000, plus 2X on gas and dining.
Move those points to the Preferred for 1:1 transfers.
- Ink Business Unlimited: 1.5X on everything. Pair with the Preferred for a simple, transferable base earner. - Chase Sapphire Reserve or Preferred: Pool points from the Ink Preferred to a Sapphire card for higher portal
redemption floors and broader transfer options.
The Ink Business Preferred also does not count against your personal 5/24 status, making it a useful way to keep earning Ultimate Rewards without limiting personal card applications.
Our Take
The Ink Business Preferred makes sense if your business naturally spends in the 3X categories. At $150,000 in combined annual bonus spending, you earn 450,000 points per year, worth about $8,100 at 1.8 cents each. Against a $95 annual fee, that is a strong return even before counting the welcome bonus.
The math is less compelling if your business spending is mixed or low in the bonus categories. After the $150,000 cap, everything drops to 1X, so heavy spenders in these categories may outgrow the card. The $8,000 welcome bonus spend is also substantial; do not stretch your cash flow to hit it.
For our household, the Ink Business Preferred is a core business card because the shipping and advertising spend is real, and the points feed directly into the Chase Ultimate Rewards ecosystem. It is not a premium perks card, but it is one of the most efficient ways for a small business to earn transferable points at a low annual fee.
Pros and Cons
Pros
- +3x points on travel, shipping, advertising, and internet/cable/phone up to $150K/year
- +100,000 bonus points after $8,000 spend in 3 months
- +Transfer points 1:1 to top airline and hotel partners like United and Southwest, and 4:3 to Hyatt
- +Cell phone protection up to $1,000 per claim with $100 deductible
- +Free employee cards that earn at full rate
- +Points Boost can value points at up to 1.5 cents each on select flights and hotels through Chase Travel
- +Low $95 annual fee for a premium business travel card
Cons
- -$150,000 annual cap on 3x bonus categories before falling to 1x
- -No dining or grocery bonus categories
- -Points require transfer partner knowledge to maximize value
- -$8,000 spending requirement for welcome bonus may be high for some businesses
- -No statement credit features to offset annual fee
Who It's Best For
Best For
- Small business owners with significant travel, shipping, and advertising spend
- E-commerce businesses paying for shipping services (FedEx, UPS, USPS)
- Digital marketers running paid ads on Google, Facebook, or Instagram
- Entrepreneurs who value flexible transfer partners for flights and hotels
- Business owners who want to combine points with Chase Sapphire cards
Not Ideal For
- Businesses with minimal travel or shipping expenses
- Those seeking cash back instead of transferable points
- Companies primarily spending on dining or groceries
- Businesses exceeding $150K annually in bonus categories
The Math: Is $95 Worth It?
First-year value includes $1,800.00 welcome bonus
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$0
Annual Fee
-$95
Net Annual Value
-$95
Details & Terms
Application Rules
| Rule | Details |
|---|---|
| No CR | This business card will not show on your personal credit report, so it won't count against your 5/24 status |
| Chase Ink Lifetime Rule | The new cardmember bonus may not be available to you if you have ever had this card |
| 5/24 | Chase applications will be declined if 5 new cards have been added to your personal credit report in the past 24 months. |
| Chase 2/30 | You'll be declined if you apply for a third Chase card of any kind within 30 days |
| Chase 4/6 | Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months |
Payment Terms
| Purchase APR | 17.99%–26.99% (Variable) |
| Cash Advance APR | 28.74% (Variable) |
| Foreign Transaction Fee | $0 |
Card Family
Ink family
| Card | Tier | Annual Fee | Note |
|---|---|---|---|
| Chase Ink Business Cash | entry | $0 | |
| Chase Ink Business Unlimited | premium | $0 |
Product changes available between family members without a new credit inquiry.
FAQs
Is it better to use Chase points for travel or cash back?
Cash back redemptions return only 1 cent per point. Booking travel through the Chase Travel Portal can be worth up to 2 cents per point with the Chase Sapphire Reserve for Points Boost redemptions. Transferring points to airline or hotel partners can deliver even higher value, up to 7-10 cents per point.
What is the most efficient way to redeem Chase points?
The most efficient way to redeem Chase points is to transfer them to travel partners. Transfers deliver outsized value, often well more than 2 cents per point. Booking through the Chase Travel Portal is easier, but learning partner awards maximizes long-term value and flexibility.
Which Chase card is best for rewards?
The two Chase Sapphire Reserve cards, personal and business, offer the biggest signup bonuses and most perks, but they also carry higher annual fees. The Chase Sapphire Preferred is an excellent alternative for travelers who want strong value and transferable points with a lower fee.
Can you book Airbnb through Chase Travel?
You cannot book Airbnb through Chase Travel, as Airbnb is not a direct transfer partner. Chase does offer vacation rentals in its portal for select cardholders. Log in to Chase Travel, and if your card is eligible you will see options to search hotels or vacation homes.
Who has more lounges, Chase or Amex?
American Express provides access to more lounges than Chase through the Global Lounge Collection, which includes Centurion Lounges, Delta Sky Clubs, and other partner lounges. The premium cards from both reward systems offer access to the most lounges.
Media & Resources
Video Reviews
8 videosThe Most UNDERRATED Chase Credit Card (Ink Preferred)
Which Chase Business Card is Right For You?
The Ultimate Chase Credit Card Setup for 2026
Should YOU REPLACE Chase Sapphire Preferred With INK Preferred?
Chase Ink Business Preferred Credit Card Review
Is The Chase Ink Business Preferred Worth It In 2024?
The Most VALUABLE Chase Cards: Ink Business Cards Review
Third-Party Articles & Reviews
Chase Ink Business Preferred Review
One Mile at a Time's in-depth review covering rewards earning, statement credits, transfer partners, and best use cases.
Ink Business Preferred Card Review
Comprehensive review by Nick Ewen covering earn rates, benefits, and ideal cardholder profiles for the Chase Ink Business Preferred.
Chase Ink Business Cash vs Chase Ink Business Preferred
Upgraded Points' comparison guide highlighting differences between the Preferred and Cash variants to help choose the right card.
Chase Ink Business Preferred Review
Bankrate's evaluation of card benefits, fees, and suitability for different business types and spending patterns.
Chase Ink Business Preferred Credit Card Review
CNN Underscored's analysis of the card's value proposition and how it stacks up against other business credit card options.
Chase Ink Business Preferred Credit Card Review
Credit Karma's insights on rewards earning, benefits, and how the card fits into a business credit strategy.
Chase Ink Preferred Review
Motley Fool's analysis of the card's rewards program, fees, and long-term value for business spending.
Chase Ink Business Preferred Review
Forbes Advisor's review by Becky Pokora analyzing the card's rewards structure and value for business owners.
Chase Ink Business Preferred Credit Card Review
NerdWallet's detailed review by Kelsey Sheehy examining business rewards, fee structure, and comparison to competing business cards.
Chase Ink Preferred Review 2026
Johnny Africa's 2026 review providing current insights on rewards earning, bonus categories, and annual fee justification.
Card Design
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| RewardsCC API | — | RewardsCC API |
| CardRatings | — | CardRatings |
| Chase | Chase: Apr | |
| Chase | Chase: Apr | |
| Chase | — | Chase |
| Chase | — | Chase |
| Chase | Chase: Multiple card facts | |
| Issuer Page | Issuer Page: Earn rates | |
| Chase | Chase |
Top brands for this card
Brands where this card's earn-rate structure makes it a strong choice. Open a brand for the full ranked list.
Partner credits at
Merchants this card gives you a statement credit or membership at. Unlike the brands above, this isn't about earn rate — it's money the card hands back when you spend there.
