Chase Ink Business Preferred® Credit Card
Have you been considering getting the Chase Ink Business Preferred® Credit Card? You can get huge value from the points it earns. Here’s how…
Ink Business Preferred® Credit Card
Earn 100,000 points
Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
Value of These Points
If you were simply to “cash out” 100K Chase points… they’d be worth $1,000. Which already is pretty amazing. But.. we can do MUCH better than that.
THIS card has “transferring abilities”. Meaning… you can transfer these points to Chase’s travel transfer partners to get oversized redemptions. And Chase has some of the BEST transfer partners
WHERE CAN YOU TRANSFER CHASE ULTIMATE REWARD POINTS
AIR:
- Aer Lingus (AerClub)
- Air Canada (Aeroplan)
- British Airways
- Air France/KLM (Flying Blue)
- Iberia
- JetBlue
- Singapore Airlines (KrisFlyer)
- Southwest
- United
- Virgin Atlantic
Hotels:
- IHG
- Marriott Bonvoy
- Hyatt
- Wyndham Rewards
How to Get Oversized Value from the Points
HOTELS:
For the sake of this example, let’s say we have 130K Chase points.
In this specific example, you can book September 1 – 6 (5 night stay) using 130K points at the Hyatt Regency Maui..
MUCH better than paying this out of pocket….
As you can see… those 130K points we transferred to Hyatt would save $3091 with this specific booking! (dates/prices/availability will vary)
AIR:
Or… let’s say you’ve been dreaming of a family trip to Paris. You could transfer 120K points to FlyingBlue (Air France’s loyalty program) and book this for FOUR people, roundtrip…
Roundtrip, economy from Denver to Paris (non stop) for 30K miles + $255 per person.
(dates/prices/availability will vary)
The cash price of those tickets for 4 people…
Instead of paying $4156 for 4 tickets…
You could use 120K transferred points + $1020 (taxes/fees) saving $3136 by transferring your Chase points to FlyingBlue.
Business Credit Cards for Your Side Hustle
One mistake many people make is thinking that only businesses that are registered LLCs or Corps are able to get business cards. The truth is, your small side hustle probably qualifies for business cards also. I personally have gotten business credit cards for my side hustle of selling on Facebook Marketplace. I don’t sell a ton. I don’t make much. But it still qualified because I was making money.
Here you can find all of your questions answered about applying for a business credit card for your small side hustle.
Learning How to Transfer Your Points
Transferring your points is simpler than you’d think. I have a step by step here for transferring your Chase Ultimate Reward Points.
Additional FAQ:
- Does this count against my 5/24?
No, this is a business card. However, you probably will need to be under 5/24 to get approved. - Can I combine these points with my other Chase Ultimate Reward points?
Yes! You can pool points from the Freedom, Sapphire and Ink cards with this card! - Does this card have any stand out benefits?
No foreign transaction fees, travel protections, cell phone protection, 3x points on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines each year
Questions? Don’t hesitate to reach out!
