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80,000 point Ink Preferred bonus good on United, Southwest, or $1000 in travel

by on Tue November 15, 2016 • No Comment
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The new Chase Ink Business Preferred credit card lets you earn valuable Ultimate Rewards points for all your small business spending, with some great 3x point categories to boost your earning.

inkpreferred170And it’s out with a big bonus for new cardholders:

There’s a $95 annual fee that’s not waived the first year.

If you already have an Ink card like the Ink Plus or Cash, you’re eligible to get a fresh bonus if you apply for this card, since Chase considers this card an entirely new, separate card product. And if you have an Ultimate Rewards earning personal card like the Chase Sapphire Preferred or Reserve, this is a great way to build on points you already have.

What’s the catch?

The annual fee isn’t waived, and you need to have a small business to get this card, though many businesses just starting out like your own personal consulting business don’t have any revenue to talk about yet, so don’t be discouraged if you are a new business.

And you can also have a small business without incorporating or filing paperwork – your own social security number as a sole proprietorship is what many small businesses use when first starting out.

Tip: If you’ve applied for 5 or more credit cards of any kind in the last 2 years, you might have a hard time getting approved for this card.

What does the card offer?

The Ink Business Preferred is an evolution of the Ink Plus card you might have heard of before.

The Ink Plus isn’t open to new applicants, but the Ink Preferred offers some great earning possibilities:

Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

The 3x points on travel is a big deal, because with Chase travel includes all kinds of things like parking, tolls, and transit tickets, on top of more typical travel categories like airfare and hotels. Gas, though doesn’t count as a travel expense.

You can read our full review of the card here.

What can you do with 80,000 points?

With Chase Ultimate Rewards, you can choose travel, transferring points to travel partners, or getting cash back anytime.

80,000 points is worth $800 in cash back as statement credit, but that’s not the most you can get out of the bonus.

If you book travel via the Chase website, which lets you pay for travel with points on most airlines, your points are good for up to $1,000 worth of flights, hotels, or car rentals.

But the real fun comes if you decide to transfer points to Chase travel partners like United MileagePlus, Southwest Rapid Rewards, or Marriott Rewards.

Here are some things you can get with 80,000 points…

Over $1,000 in Southwest flights

southwestplane

When you transfer to Southwest and use your points for Wanna Get Away fares, it’s easy to get over $1,000 in flight value.

3 roundtrip domestic flights on United

unitedairlinesplane

Saver award tickets start at 25,000 miles for domestic United flights, and with flights often $400 or more you could save around $1,200 or more in airfare.

A flight in Korean Airlines First Class to Asia

Korean Airlines first class seat

If you transfer 80,000 points to Korean Skypass you can book a one way reward in luxurious First Class on Korean Airline’s A380 jumbo jet to Asia.

3 roundtrips to Hawaii

hawaiisunset

If you transfer points to Korean Skypass, you can book Delta flights to Hawaii for just 25,000 miles roundtrip, so your bonus is enough for 3, potentially saving you nearly $2,000 in airfare if you’re flexible.

The possibilities are endless, and this is a great time to boost your points to save on your next big trip.

Chase Sapphire Preferred® Card

Miles dont expireas long as card is open
Learn more

Partner Offer

50,000 bonus points

Intro Offer

$0 introductory annual fee, then $95

Annual Fee

$0

Foreign Transaction Fee Waived

Yes

Points Can Transfer to Airline Miles ?

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"These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered."

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