For the past few months, Chase is introducing new cards with a higher signup bonus. Back in September Chase introduced the Chase Sapphire Reserve with a signup bonus of 100,000 Chase Ultimate reward points. Now Chase is improving their business card line up, by introducing the new Chase Ink Business Preferred visa with a signup bonus of 80,000 chase ultimate rewards points.
New Chase Ink Business Preferred Visa with Big Signup Bonus
Chase had an Ink Business card with a signup bonus of 50,000 ultimate rewards points, with 5 points for Business category spend like phone, the internet and office supply stores like office max, staples, and office depot. I do have this card which is a great card for earning lot of ultimate rewards point.
Chase decided to discontinue the old Ink Business Card and introduced a new Chase Ink Business Preferred card with a generous signup bonus of 80,000 points. Folks like me who had the old version of Chase Ink Business can continue to use the old card with the benefits of 5 points offered for the business related spend.
But if anyone applying for the Chase Ink Business Preferred card, Chase will issue them only the new Ink Business Preferred card. Which is not a bad deal, the new card comes with significant benefits.
New Chase Ink Business Preferred Visa Benefits
- 80,000 Chase Ultimate Rewards Point after $5,000 spend within 90 days of card approval.
- 3 Ultimate Rewards Points for the following spend Travel, Shipping, the Internet, Cable/Satellite, Phone service and advertising expense spent on social media and search websites.
- 1 Ultimate Rewards Points for all other purchases
- 25% Bonus Ultimate Rewards Point when you redeem points through Ultimate Rewards Portal for your travel.
- No foreign transaction fee.
- 1:1 points transfer with seven airlines and four hotel partners.
- Trip cancel and trip interruption insurance for the travel reservation charged to the card.
- Flight delay reimbursement.
- Roadside assistance and Primary auto insurance coverage when you rent the vehicle for business purpose.
- Cell phone protection up to $600 coverage includes theft or damage.
- Purchase protection, Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Extended warranty protection, extends the manufacturer warranty by additional one year.
- Price protection, if a card purchase you made in the U.S. is advertised for less in print or online within 90 days, you can be reimbursed the difference up to $500 per item, $2,500 per year.
- Return protection, You can be reimbursed for eligible items that the store won’t take back within 90 days of purchase, up to $500 per item, $1,000 per year.
How to Apply
- Use the following Chase Website link and apply for the card. Chase Ink Business Preferred is a personal small business card, and you are considered small business if you sell things online or you teach kids music or any other home based business.
- When you fill the application form be truth full, even if your online business sale is generating only $100 per year, just mention your real revenue.
- If you do not have a business tax id, use your social security to apply for the card. Chase will perform a credit pull but your card will not appear in your personal credit history.
- This card is considered as part of Chase too many credit card applied and received in a 24-month period denial policy. You will be denied approval for this card if you have obtained five plus unsecured credit in the past 24 months.