Chase Ink Business Preferred Review With Pro And Cons – 15 Points

1. Chase ink business preferred card comes with very large sign up bonus and high reward rate on many common business categories with many perks. This card worth $95 annual fee.

2. Reward Rate:

3:1 travel, shipping, internet, cable, phone services and advertising purchases ($150,000 combined purchases yearly)
1:1 general purchases

3. Sign Up Bonus:

Earn 80,000 Ultimate Rewards points (Worth $1000 in travel purchase) after you spend $5,000 on purchases in the first three months from account opening.

4. Annual Fee:

$95

5. Regular Apr:

18.24% – 23.24% Variable APR

6. Intro Apr:

N/A

7. Credit Needed:

690- 850 Good to Excellent

8. Foreign Transaction fee:

$0

9. Pros:

No foreign transaction fee
Big sign-up bonus
Impressive reward rate on common business expense
Flexible Redemption Option
Employee cards at no additional cost
Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards.
Great perks

10. Cons:

$95 annual fee
High regular apr
Reward rate on non bonus is not so good.

11. Chase ink Business Preferred is not for:

Companies with low annual expenses
Bonus categories does not match your spending.

12. Other Benefits:

Trip cancellation and trip interruption insurance.
Trip delay reimbursement
Auto rental collision damage waivers
Cell phone insurance for the primary cardholder and employee phones on the same account
Instant alerts on employee purchases
Free employee cards
Baggage insurance
Return protection

13. Points Redemption:

Transfer points to airlines and hotels at high 1:1 rate.
When you redeem your points for travel booked through Chase Ultimate Rewards®, they’re worth 1.25 cents apiece.

Points Transfer Partners:

Airline Programs:
Aer Lingus AerClub
British Airways Executive Club
Flying Blue (Air France-KLM)
Iberia Plus
JetBlue TrueBlue
Singapore Airlines KrisFlyer
Southwest Airlines Rapid Rewards
United MileagePlus
Virgin Atlantic Flying Club

Hotel programs:

IHG Rewards Club
Marriott Bonvoy
World of Hyatt

14. Customer Experience:

24/7 customer service?: Yes
Online chat available?: No
Google Play Store mobile app rating: 4.6/5
Apple Store mobile app rating: 4.8/5

15. Cash Advance Apr:

27.24%

16. Balance Transfer Fee:

5% Min $5

17. Cash Advance Fee:

5% Min $15

18. Late Payment Fee:

$39

19. Get Chase Ink Business Preferred Card:

If you want very large sign up bonus.
If you spend lot of money on online advertisement, shipping and business travel.
If you want an employee card with no additional cost and want to monitor their spending.
If you are looking for travel card with flexible redemption.

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