About Chase Ink Business Preferred® Credit Card

The Chase Ink Business Preferred® Credit Card is a popular business credit card that offers rewards and benefits for small business owners. Here are some key features and benefits of the card: Rewards:

• The card offers 3 points per $1 on the first $150,000 spent each account anniversary year on travel, shipping purchases, internet, cable and phone services, and advertising purchases made with social media sites and search engines.
• It also offers 1 point per $1 spent on all other purchases.
• Points can be redeemed for travel, cash back, gift cards, and more.

Sign-up Bonus:

• The card offers a generous sign-up bonus of 100,000 points after spending $15,000 on purchases in the first 3 months from account opening. That’s worth $1,250 when redeemed for travel through Chase Ultimate Rewards®.

Travel Benefits:

• The card offers a range of travel benefits, including trip cancellation/interruption insurance, primary rental car insurance, and travel and emergency assistance services.
• It also offers up to $600 in cell phone protection when you pay your monthly cell phone bill with your card.

Business Benefits:

• The card offers a range of business benefits, including employee cards at no additional cost, purchase protection, and extended warranty protection.
• It also offers access to Visa’s Signature Business program, which provides discounts and savings on business-related purchases and services.

Fees:

• The card has an annual fee of $95.
• It does not charge foreign transaction fees.

Credit Score:

• The card is designed for business owners with excellent credit, typically meaning a credit score of 740 or higher.

Overall, the Chase Ink Business Preferred® Credit Card is a popular option for small business owners who want to earn rewards on their business expenses and take advantage of valuable benefits and perks. The generous sign-up bonus and range of rewards categories make it an attractive option, while the travel and business benefits add extra value. However, the card does require a high credit score and annual fee, so it’s important to consider these factors before applying.

Why choose Chase Ink Business Preferred® Credit Card

Are you a small business owner looking to maximize your rewards and benefits on business expenses? Look no further than the Chase Ink Business Preferred® Credit Card! With this card, you can earn 3 points per $1 on the first $150,000 spent each account anniversary year on travel, shipping purchases, internet, cable and phone services, and advertising purchases made with social media sites and search engines. Plus, earn 1 point per $1 on all other purchases. Points can be redeemed for travel, cash back, gift cards, and more. But the rewards don’t stop there. With a generous sign-up bonus of 100,000 points after spending $15,000 on purchases in the first 3 months from account opening, you can get a head start on earning valuable rewards. As a small business owner, you’ll also appreciate the range of travel and business benefits that come with the card. From trip cancellation/interruption insurance and primary rental car insurance to employee cards at no additional cost and purchase protection, the Chase Ink Business Preferred® Credit Card has you covered. And with a low annual fee of just $95 and no foreign transaction fees, you can keep more of your hard-earned money where it belongs – in your business. So, if you’re looking for a credit card that rewards you for your business expenses and offers valuable benefits and perks, choose the Chase Ink Business Preferred® Credit Card. Apply today and start earning!

How to apply for Chase Ink Business Preferred® Credit Card

You can apply for the Chase Ink Business Preferred® Credit Card in the following ways:

1. Online: Visit the Chase website and fill out the online application form. You’ll need to provide your business information, personal information, and financial information.
2. In-branch: You can also apply for the card in person at a Chase branch. Make sure to bring your business documents, such as your tax ID number, along with your personal identification.
3. By phone: Call Chase customer service at the number on the back of your existing Chase card or on their website to apply over the phone.

Before applying, make sure to review the card’s eligibility requirements, such as having a business tax ID or employer identification number (EIN), and ensure that you meet the credit score requirements. It’s also a good idea to compare the card’s features and benefits to other business credit cards to make sure it’s the right fit for your business. Once you’ve submitted your application, you may receive an instant decision, or it may take a few days for Chase to review your application. If you’re approved, you can expect to receive your card in the mail within 7-10 business days.

What are my approval odds for Chase Ink Business Preferred® Credit Card

The approval odds for the Chase Ink Business Preferred® Credit Card depend on several factors, such as your credit score, credit history, income, and debt-to-income ratio. Chase typically requires a good to excellent credit score of 690 or higher for approval. Additionally, the card is designed for small business owners, so having a legitimate business with a tax ID number or employer identification number (EIN) is a must. If you have a solid business plan and a history of responsible credit use, your approval odds may be higher. However, approval is not guaranteed, and it’s important to note that multiple applications for credit can negatively impact your credit score. It’s best to check your credit score and review the card’s eligibility requirements before applying to gauge your likelihood of approval. Ultimately, the decision to approve or deny a credit card application is up to the issuer, in this case, Chase. The issuer considers multiple factors, including the applicant’s creditworthiness and credit history, before making a decision.

FAQs about Chase Ink Business Preferred® Credit Card

1. What kind of rewards can I earn with the Chase Ink Business Preferred® Credit Card? – With the Chase Ink Business Preferred® Credit Card, you can earn 3 points per $1 on the first $150,000 spent each account anniversary year on travel, shipping purchases, internet, cable and phone services, and advertising purchases made with social media sites and search engines. You’ll also earn 1 point per $1 on all other purchases. Points can be redeemed for travel, cash back, gift cards, and more.
2. What is the sign-up bonus for the Chase Ink Business Preferred® Credit Card? – The sign-up bonus for the Chase Ink Business Preferred® Credit Card is 100,000 points after you spend $15,000 on purchases in the first 3 months from account opening.
3. Is there an annual fee for the Chase Ink Business Preferred® Credit Card? – Yes, there is an annual fee of $95 for the Chase Ink Business Preferred® Credit Card.
4. What kind of business benefits are included with the Chase Ink Business Preferred® Credit Card? – The card comes with a range of business benefits, such as trip cancellation/interruption insurance, primary rental car insurance, employee cards at no additional cost, and purchase protection.
5. Is there a foreign transaction fee for the Chase Ink Business Preferred® Credit Card? – No, there are no foreign transaction fees for the Chase Ink Business Preferred® Credit Card.
6. What kind of credit score do I need to have to be eligible for the Chase Ink Business Preferred® Credit Card? – Chase typically requires a good to excellent credit score of 690 or higher for approval.
7. Can I add employee cards to my account? – Yes, you can add employee cards at no additional cost to your account and set individual spending limits for each card.
8. What kind of purchase protection does the card offer? – The card offers purchase protection against theft or damage to eligible items purchased with the card for up to 120 days from the date of purchase, up to $10,000 per claim and $50,000 per account.
9. What kind of travel benefits does the card offer? – The card offers travel benefits such as trip cancellation/interruption insurance, baggage delay insurance, and trip delay reimbursement. It also offers primary rental car insurance for rentals made for business purposes.
10. Is the Chase Ink Business Preferred® Credit Card a good choice for small business owners? – Yes, the Chase Ink Business Preferred® Credit Card is a popular choice among small business owners due to its rewards program, business benefits, and low annual fee. However, it’s important to compare the card’s features and benefits to other business credit cards to make sure it’s the right fit for your business.