If you work from home as a freelancer, sell items on Amazon or eBay, or have a small business, the Chase Ink Business Preferred Card is a credit card you should seriously consider applying for.

Chase Ink Business Preferred Welcome Bonus

the Ink Business Preferred offers a huge welcome bonus: 80,000 Ultimate Rewards points after spending $5,000 within three months. That’s equal to $1,000 towards travel rewards if you redeem them through the Chase Ultimate Rewards program, which is as far as we’re concerned the best welcome bonus on any credit card right now.

The Ink Business Preferred has an annual fee of only $95, but it offers 3X points in several categories that are very useful. For example, travel, shipping purchases, cable, internet, phone services and even advertising costs for social media sites like Facebook and search engines like Google. And best of all, there are no foreign transaction fees when you use the card outside the United States.

These bonus categories apply to the first $150,000 you spend in them every cardmember year, which would be coinciding within the anniversary date of your card. So that's a great way to earn bonus points for your business spend. For any other purchases you earn 1 point per dollar spent, and these purchases have no amount limit.

Since this is a business card, you can add employees easily to your account and set individual spending limits on each one. You are always in control, and this helps you earn rewards even faster.

chase ink business card

Lots of perks

Another perk that makes this card so great is that it is part of the Ultimate Rewards ecosystem. If you're earning points with the Chase Sapphire Preferred, or the Chase Sapphire Reserve, or Chase Freedom, or Chase Freedom Unlimited, these are points that you can easily pull with those and then transfer over to a partner. There are all sorts of great uses for Ultimate Rewards points; for example, those 80,000 points you get as part of the welcome bonus could be redeemed by transferring them to World of Hyatt. That would be more than enough for three nights at the Park Hyatt Paris, or sixteen nights at the Hyatt Regency Kathmandu.

Depending on what style you're going for that, those points would be enough for a one-way business class ticket to Asia or Europe, or transferred to United Mileage Plus.

Great protection

Not only does the card have a fantastic welcome bonus, 3X points in some great categories, but it also offers excellent protection. First of all, it has a great cell phone protection benefit that you won’t see on many other credit cards.  You get up to $600 per claim and cell phone protection, with a $100 deductible. You can only have three claims per year in 12 months. This covers theft or damage for your phone as long as you pay your bill with this card.

Other exciting benefits are the extended warranty protection that gives you an extra warranty year. Zero liability protection keeps you covered and out of liability for unauthorized charges made with the credit card. Purchase protection covers new items you buy for up to four months against theft or damage.

chase ink business credit card for travel

Ideal for travelers

If you travel with any frequency, the Ink Preferred Credit Card offers great perks, like primary collision damage waiver coverage in car rentals. This applies both within the US and outside the US when renting for business purposes. It also offers excellent travel protection; if your flight is canceled or cut short by weather, sickness, or other covered situations, they will reimburse you under certain circumstances for up to $5,000 for any travel expenses you pre-paid, like tours, hotels or passenger fares.

chase ink business preferred credit card fees

APR

Anual membership fee

foreign transaction fee

18.24 to 23.24$ based on your creditworthiness

$95.00

$0

Main benefits and perks

Additional employee cards at no extra cost

Cell phone protection

Purchase protection

Trip cancellations / interruptions insurance

Auto rental collision damage waiver

80,000 welcome points