Chase Ink Business Preferred Review (2026): 100,000 Points for a $95 Fee

TL;DR

• The Chase Ink Business Preferred costs $95 a year and earns 3X Ultimate Rewards points on the first $150,000 a year in combined spending on travel, shipping, social media and search engine advertising, and internet, cable, and phone services. Everything else earns 1X.
• Welcome offer (checked October 30, 2026): 100,000 bonus points after you spend $8,000 on purchases in the first 3 months. Chase says the bonus “may not be available to you if you have ever had this card.”
• It’s one of only three Chase cards that can transfer points to airline and hotel partners, alongside the Sapphire Preferred and Sapphire Reserve.
• Strong built-in protections: cell phone protection up to $1,000 per claim, primary rental car coverage on business rentals, and trip cancellation and interruption insurance.
• Skip it if you can’t comfortably put $8,000 of normal business spending on the card in 3 months, or most of your spending falls outside the 3X categories.

Every card fact below was checked October 30, 2026 on Chase’s Ink Business Preferred page and its offer details. If we couldn’t confirm something on an official Chase page that day, we left it out or say so.

The card at a glance

How you earn points

The Ink Business Preferred is built for businesses that spend in a few specific places. Chase lists four 3X categories, and they share one combined cap:

• Travel
• Shipping purchases
• Advertising purchases made with social media sites and search engines
• Internet, cable, and phone services

You earn 3 points per dollar on the first $150,000 spent across those four categories combined each account anniversary year (not calendar year). After that, those purchases drop to 1 point per dollar. All other purchases earn 1 point per dollar with no limit.

Lyft: Chase also lists 5X total points on Lyft rides booked through the Lyft app through September 30, 2027. Lyft gift cards and car rentals are excluded.

What 3X is worth in practice

Our points valuations table puts Chase Ultimate Rewards at 1.5 cents per point when you transfer to partners or find a good travel redemption. At that value, 3X works out to roughly a 4.5% return in the bonus categories, and 1X is about 1.5%.

Illustrative example only. Say a small online business spends $1,500 a month on social media ads, $300 on shipping, $200 on internet and phone, and $500 on travel. That’s $2,500 a month, or $30,000 a year, in 3X categories, for 90,000 points. Add $24,000 a year of other spending at 1X, and the card earns about 114,000 points a year. At 1.5 cents, that’s roughly $1,710 in travel value against a $95 fee, before the welcome bonus.

If your business mostly spends on inventory, payroll services, or office supplies, the math looks very different. Those purchases earn just 1X here.

The welcome offer: 100,000 points

Chase’s current public offer is 100,000 bonus points after you make $8,000 in purchases within the first 3 months of opening the account. Chase says to allow 6 to 8 weeks for the bonus to post after you qualify, and the account must be open and not in default when it does.

At our 1.5-cent valuation, 100,000 points are worth about $1,500 in travel. That’s one of the largest first-year values we track for a card with a fee under $100, which is why it ranks high on our best credit card welcome bonuses page.

What doesn’t count toward the $8,000: Chase’s offer terms exclude balance transfers, cash advances, cash-like transactions (including money orders, wire transfers, and cryptocurrency), gambling transactions, person-to-person transfers, interest, and fees, including the annual fee.

Eligibility: Chase’s offer details say the bonus “may not be available to you if you have ever had this card,” and that Chase “may also consider factors pertinent to your business” when deciding bonus eligibility. Many applicants also watch Chase’s widely reported 5/24 guideline. Chase doesn’t publish that rule, so treat it as a community observation, not an official policy. Our guide on why to start with Chase explains why timing matters.

Transferring points: the real reason to get it

The Ink Business Preferred earns Chase Ultimate Rewards points, and it’s one of the three Chase cards (with the Sapphire Preferred and Sapphire Reserve) that lets you transfer points to travel partners.

Chase’s Ink Business Preferred page lists these partners:

• Airlines: Aer Lingus AerClub, Air Canada Aeroplan, British Airways Club, Air France-KLM Flying Blue, Iberia Plus, JetBlue TrueBlue, Singapore Airlines KrisFlyer, Southwest Airlines Rapid Rewards, United MileagePlus, and Virgin Atlantic Flying Club
• Hotels: IHG One Rewards, Marriott Bonvoy, and World of Hyatt

Chase’s page says that starting October 1, 2026, points transfer to World of Hyatt at 4:3, so 1,000 Chase points become 750 Hyatt points. For the best places to send Chase points, including Aeroplan’s distance chart and Hyatt’s award chart, see our Chase Ultimate Rewards transfer partners guide. To compare Chase with other programs, use our credit card transfer partners chart.

You can also redeem for cash back, gift cards, or Apple purchases through Ultimate Rewards. Chase notes that “redemption values for reward options vary,” so check the value shown in your account before redeeming. For most people, transfers are where the 1.5-cent value comes from.

Pairing it with no-fee Chase cards

Chase also says you can usually move points between your own Chase card accounts. That’s why the Ink Business Preferred often anchors a setup with no-fee Chase cards: you earn points on those cards for everyday spending, then combine them into the Ink Business Preferred to transfer to partners. Check Chase’s current rules in your account before you count on it. Our Chase Freedom Unlimited review covers the most common no-fee card in that setup.

Protections and other benefits

These are listed on Chase’s card page. Chase notes that restrictions, limitations, and exclusions apply, and the full terms are in the Guide to Benefits you get after account opening.

• Cell phone protection: up to $1,000 per claim against covered theft or damage for phones listed on your monthly cell phone bill, when you pay that bill with the card. Maximum of 3 claims in 12 months, with a $100 deductible per claim. Since phone bills also earn 3X, paying them with this card does double duty.
• Auto rental coverage: decline the rental company’s collision insurance and charge the full rental to the card. Coverage is primary when renting for business purposes, up to $60,000 for theft and collision damage on most vehicles with an MSRP of $125,000 or less.
• Trip cancellation and interruption insurance: up to $5,000 per covered traveler and $10,000 per trip for prepaid, nonrefundable travel expenses when a trip is canceled or cut short by a covered reason.
• Purchase protection: covers eligible new purchases for 120 days against damage or theft, up to $10,000 per item (90 days for New York residents).
• Extended warranty: adds one year to eligible U.S. manufacturer warranties of three years or less.
• Roadside assistance: dispatch service is available; roadside fees are billed to your card.
• No foreign transaction fees.
• DashPass: complimentary DashPass for at least 12 months when you activate by December 31, 2027, plus up to $10 off a month on one non-restaurant DoorDash order (like groceries or retail) while enrolled.
• Employee cards at no additional cost, with individual spending limits. Their purchases earn points on your account.

Pros and cons

Pros

• 100,000-point welcome offer with a $95 fee
• 3X on categories many small businesses actually spend in, with a high $150,000 combined cap
• Transfers to 13 airline and hotel partners listed on Chase’s page
• Cell phone protection and primary business rental car coverage
• No foreign transaction fees, free employee cards

Cons

• $8,000 in 3 months is a high spending bar for a small side business
• Only 1X outside the four categories (and Lyft)
• No lounge access, hotel credits, or travel credits
• World of Hyatt transfers are now 4:3, not 1:1
• The bonus may not be available if you’ve ever had this card

Who should get the Ink Business Preferred

Get it if you:

• Run a business, even a small one, that spends on ads, shipping, travel, or phone and internet service
• Can reach $8,000 in normal business spending within 3 months
• Want a transferable points card without a premium annual fee
• Already collect Chase points on no-fee cards and want a way to transfer them

Skip it if you:

• Don’t have a business. This is a business card, and Chase asks about your business when you apply.
• Can’t hit $8,000 in 3 months without stretching
• Want airport lounge access or travel credits. Look at premium cards in our best travel credit cards guide instead.
• Prefer a personal card. The Chase Sapphire Preferred also transfers to Chase’s partners and has a lower spending requirement on its bonus. We compare it with the Reserve in Sapphire Preferred vs Sapphire Reserve.

FAQ

What is the Ink Business Preferred welcome bonus right now?

As of October 30, 2026, Chase’s public offer is 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

What is the Ink Business Preferred annual fee?

$95 a year, per Chase’s card page. Chase says employee cards come at no additional cost.

What earns 3X on the Ink Business Preferred?

Travel, shipping, social media and search engine advertising, and internet, cable, and phone services, on the first $150,000 in combined purchases each account anniversary year. After that, and on everything else, it’s 1X.

Can the Ink Business Preferred transfer points to airlines?

Yes. It’s one of three Chase cards that can transfer Ultimate Rewards points to partners like Air Canada Aeroplan, United MileagePlus, and World of Hyatt. Hyatt transfers are 4:3 starting October 1, 2026.

Does the Ink Business Preferred have cell phone protection?

Yes. Up to $1,000 per claim against covered theft or damage when you pay your monthly cell phone bill with the card, with a $100 deductible and a maximum of 3 claims in 12 months.

Does the Ink Business Preferred charge foreign transaction fees?

No. Chase says you pay no foreign transaction fees on purchases made outside the United States.

Earning money on the side? Our guide to getting a business credit card as a sole proprietor explains how freelancers and side hustlers can apply with an SSN, their own name, and even $0 in revenue.

Bottom line

Comparing offers across issuers? See Best Credit Card Welcome Bonuses and Best Travel Credit Cards.

Want to know when the Ink Business Preferred offer changes or Chase runs a transfer bonus? We cover it in Points & Miles Weekly, our free newsletter.

The Points Quest

Points Quest is educational content only, not personalized financial advice. The welcome offer, annual fee, APR, earning rates, transfer partners, and benefits were checked on creditcards.chase.com on October 30, 2026. They can change at any time; terms apply. Chase’s 5/24 guideline is not published by Chase. Point values are The Points Quest’s own estimates. Targeted offers may differ from public ones. Advertiser Disclosure