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It’s been a while since the Ink Business Preferred® Credit Card drastically reduced its welcome offer’s minimum spending requirement. And, frankly, we’re pretty surprised the offer still stands.
The Ink Preferred offers new cardholders 100,000 bonus Chase Ultimate Rewards points after they spend $8,000 on purchases within three (3) months of being approved for the card. (Learn here how to apply.)
“Eight grand?!” you might say. “And I have to spend that in just three months?!”
Sure, but consider this: the previous minimum spending requirement was $15,000 and, yes, still across those same three months.
- Earn 5X total points per eligible $1 spent on Lyft rides through March 2025
- 3X points on the first combined $150,000 spent on these categories each anniversary year:
- Travel
- Internet, cable, and phone services
- Advertising purchases with social media sites and search engines
- Shipping purchases
- 1X on all other purchases
The $95 annual fee Ink Business Preferred allows cardholders to redeem points at a 25% bonus when purchasing travel through Chase Travel℠. So,100,000 points are potentially worth $1,250. That’s great for airfares, hotels, and yes, cruises. (Even more, if you hold a Chase Sapphire Reserve® card.)
There are also a host of Ultimate Rewards points transfer partners. (Hyatt is one of our favorites and can offer some great redemptions.)
The Ink Business Preferred card also comes with exceptional cell phone protection coverage (if you pay your monthly cell phone bill on the card) and good trip protection, too.
If $8,000 over three months and the annual fee are deal breakers for you, check out the Ink Business Cash® Credit Card. That has no annual fee and currently offers $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. That's up to $750 bonus cash back (awarded as 75,000 bonus Chase Ultimate Rewards® points). That’s certainly not as juicy as 100,000 bonus points — but the requirements are more relaxed. (And the 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year is very nice, too.)
Advertiser Disclosure: Frequent Floaters is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact how and where card products appear on the site. This site does not include all card companies or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.
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.
@Chris – This is one of my favorite credit cards for cruise purchases/onboard spending. 3x points on cruise spend is top of the market.