Award System

Chase Ultimate Rewards

Chase Ultimate Rewards »

Bank

JP Morgan Chase

Bank Details »

Reconsideration Phone
800.453.9719

Breaking Points

July 3, 2023
Chase Ink Business Preferred
Mini Points - July 2023

- American Express Delta Skymiles Platinum Business - Limited Time Offer - 90,000 Miles after spending $4000 in 3 months, $250 annual fee.

- American Express Delta Skymiles Gold Business - Limited Time Offer - 70,000 Miles after spending $3000 in 3 months, $0 annual fee for the first year then, $99.

- American Express Delta Skymiles Reserve Business - Limited Time Offer - 100,000 Miles after spending $6000 in 3 months, $550 annual fee.

- American Express Delta Skymiles Platinum Personal - Limited Time Offer - 85,000 Miles after spending $4000 in 6 months, $250 annual fee.

- American Express Delta Skymiles Gold Personal - Limited Time Offer - 65,000 Miles after spending $2000 in 6 months, $0 annual fee for the first year then, $99.

- American Express Delta Skymiles Reserve Personal - Limited Time Offer - 85,000 Miles after spending $6000 in 6 months, $550 annual fee.

- Chase Ink Business Preferred - 100,000 Points after spending NEW LOWER $8000 requirement in the first 3 months, $95 annual fee.

Bonus Points Minimum Spend Point Value Annual Value Annual Fee 1st Year Value
100,000 $8,000 1.6 ¢ $121 $95 $1754
Best Value Differentiating Perks Rules
Southwest, United & Hyatt transfers 3X points on travel, shipping, internet, cable, phone & online advertising No CR , 5/24 , Chase 2/30 , Chase 4/6
Card Type: Business

Spend Categories

All Other = »

1X points
1.6¢ Per Dollar Spent

Online Advertising + »

3X points
4.8¢ Per Dollar Spent

Parking + »

3X points
4.8¢ Per Dollar Spent

Shipping + »

3X points
4.8¢ Per Dollar Spent

Cell Phone Carriers + »

3X points
4.8¢ Per Dollar Spent

Travel + »

3X points
4.8¢ Per Dollar Spent

Internet and Cable + »

3X points
4.8¢ Per Dollar Spent

Card Benefits

Cell Phone Protection »
You, and employees on your bill get up to $600 per claim in cell phone protection against covered theft or damage. Maximum of 3 claims in a 12-month period (subject to a $100 deductible).
Car Rental Insurance »
Using this card when renting for business gives you primary car rental insurance. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Travel Insurance »
If your trip is cancelled or cut short by sickness, severe weather, and other covered situations, you can be reimbursed up to $5,000 per trip for your prepaid, non-refundable travel expenses, including passenger fares, tours, and hotels.
No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Roadside Assistance »
A flat $59.95 fee for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided.
Purchase Protection »
Your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Extended Warranty »
This card extends the time period of the U.S. manufacturer's warranty by 1 additional year, on eligible warranties of 3 years or less.

Point Transfer Options

Transfer To Spouse/Partner Yes

Transfer To Friends No

Travel Partner Transfers

Chase Ultimate Rewards Outside Point System

Transfers Out To
Point Transfer Options
Air Canada Aeroplan

1:1 88% value retained

Point Transfer Options
British Airway Executive Avios

1:1 75% value retained

Point Transfer Options
Cash in Cents

1:1 63% value retained

Point Transfer Options
Flying Blue and Air France

1:1 75% value retained

Point Transfer Options
IHG Rewards

1:1 38% value retained

Point Transfer Options
jetBlue trueBlue

1:1 75% value retained

Point Transfer Options
Marriott Bonvoy

1:1 44% value retained

Point Transfer Options
Singapore KrisFlyer

1:1 81% value retained

Point Transfer Options
Southwest Rapid Rewards

1:1 88% value retained

Point Transfer Options
United MileagePlus

1:1 94% value retained

Point Transfer Options
Virgin Atlantic Flying Club

1:1 94% value retained

Point Transfer Options
World of Hyatt

1:1 100% value retained

Why You Might Want This Card

Chase's Top Business Card

If you're hooked on Chase Ultimate Rewards points (which you should be), this card is a no-brainer (assuming you qualifying for a business card). We love Chase Rewards because of their flexibility -- and the multiplier you get when using the Chase Travel Portal. When it comes to stocking up on these rewards, this business card is a go-to. Along with the initial sign-up bonus (typically 100,000 points), you can get 3x points per dollar on the first $150,000 each year in certain spending categories. Seriously, these points are so versatile you can use them toward pretty much anything. And something you should know to make your points go further: Redeem them through the Chase Travel Portal for 1.25 cents each instead of the usual 1:1 ratio (1.5 if you also have the Sapphire Reserve).

Check out our Chase Ultimate Rewards page for more details on how to best use Chase Points.

This is the hardest Chase card for which to be approved. You'll need to have real income and some credit history for your business. If your business doesn't have credit cards, you might be better off starting with the Chase Ink Business Cash card. If you do apply for the Ink Preferred and get declined, call the reconsideration phone listed on this page. We've been approved after the fact many times. Just have your numbers and facts ready.

Bottom Line

This is always one of our top-3 recommended business cards. It offers lots of traveler protection: car rental, luggage, traveling, buyer's. It also offers a number of ways to spend your points: hotels, flights, upgrades, and travel packages. And with a beefy sign-up bonus and multipliers in popular spend categories, accumulating Ultimate Rewards can be effortless. The icing on the cake is using the Chase Travel Portal, which gives you a 25% bonus when redeeming points from your Chase Ink Business Preferred. There's almost no reason to not have this business card.

Application Rules

This business card will not show on your personal credit report, so it won't count against your 5/24 status

Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months

You'll be declined if you apply for a third Chase card of any kind within 30 days

Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months

Best for Series

Below is a snapshot of where this card performs best compared to the other cards in our database:

Breaking Points

July 3, 2023
Chase Ink Business Preferred
Mini Points - July 2023

- American Express Delta Skymiles Platinum Business - Limited Time Offer - 90,000 Miles after spending $4000 in 3 months, $250 annual fee.

- American Express Delta Skymiles Gold Business - Limited Time Offer - 70,000 Miles after spending $3000 in 3 months, $0 annual fee for the first year then, $99.

- American Express Delta Skymiles Reserve Business - Limited Time Offer - 100,000 Miles after spending $6000 in 3 months, $550 annual fee.

- American Express Delta Skymiles Platinum Personal - Limited Time Offer - 85,000 Miles after spending $4000 in 6 months, $250 annual fee.

- American Express Delta Skymiles Gold Personal - Limited Time Offer - 65,000 Miles after spending $2000 in 6 months, $0 annual fee for the first year then, $99.

- American Express Delta Skymiles Reserve Personal - Limited Time Offer - 85,000 Miles after spending $6000 in 6 months, $550 annual fee.

- Chase Ink Business Preferred - 100,000 Points after spending NEW LOWER $8000 requirement in the first 3 months, $95 annual fee.

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