Chase Ink Business Preferred Credit Card - 80,000 UR points after $5k spend

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Chase is rolling out a new Ink card: Ink Business Preferred. Looks like it will replace the Ink Plus card.

  • 80,000 points after $5000 spend in 3 months.
  • 3 points per dollar in travel, shipping, and social media and search engine advertising
  • 1 points per dollar in all other categories
  • Visa signature
  • Cell phone protection up to $600 for theft or damage, $100 deductible. Up to 3 claims in a rolling 12 month
  • $95 annual fee, waived first year

There has been some speculation that Chase's business cards are not a part of the the 5/24 rule. I am unable to confirm this.

I believe it is available as of Nov. 11
 

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What is needed to open a business card? EIN or is just SSN enough?

Chargum85 said:   What is needed to open a business card? EIN or is just SSN enough?
  A social is enough. Might be available in branch only. Again, wont roll out until November 11

enjoy the sign up bonus. the spend catorgies are terrible

waikikisneakie said:   
There has been some speculation that Chase's business cards are not a part of the the 5/24 rule. I am unable to confirm this.

 

  Nice offer, thanks for the heads up. Coupled with the CSR, that's at least $1,275 in travel redemption (80k bonus + 5k or more from spend).

As far as 5/24 is concerned, does that mean being over 5/24 won't (or might not) stop you from getting this card, or getting this card won't count towards 5/24? Or both?

waikikisneakie said:   There has been some speculation that Chase's business cards are not a part of the the 5/24 rule. I am unable to confirm this.
 

  
Not sure about this particular card as it's not officially out yet, but 5/24 does most certainly apply to UR business cards.

That would be terrible if the Plus cards get converted to this and we lose 5% on office supply stores, phone bills, etc.

lmnop100 said:   That would be terrible if the Plus cards get converted to this and we lose 5% on office supply stores, phone bills, etc.
  Is the 5% worth the $95 annual fee? I have this card and the annual fee will be charged soon. I'm debating whether to keep this card. It's no longer being offered. Is there some sort of churn/MS that's worthwhile on the Biz Plus?

Also, why is this new Ink Business Preferred not getting more attention? 80,000 points on $5K spend is nice, especially if you have the CSR. I've read that the first year annual fee is waived if you apply in a branch. I'm applying tomorrow. 

samko said:   
lmnop100 said:   That would be terrible if the Plus cards get converted to this and we lose 5% on office supply stores, phone bills, etc.
  Is the 5% worth the $95 annual fee? I have this card and the annual fee will be charged soon. I'm debating whether to keep this card. It's no longer being offered. Is there some sort of churn/MS that's worthwhile on the Biz Plus?

Also, why is this new Ink Business Preferred not getting more attention? 80,000 points on $5K spend is nice, especially if you have the CSR. I've read that the first year annual fee is waived if you apply in a branch. I'm applying tomorrow. 

  if you already have the CSR card, it may not be worth paying $95 fee.  The reason i used to pay the $95 fee was that was my only card that allowed transfer of points to partners, plus 5% cashback, plus UR website allowed 1.2x conversion of points.

Now I have CSR .. so transfer of points is not an issue .. CSR allows it.  I simply downgraded the Chase Ink Plus to regular Ink Cash with No AF.  Regular Ink Cash has same 5% cashback .. only thing is they do the cashback at anniversary date vs. every month.  So net net I got rid of $95 AF and switched it to CSR .. where if you account for $300 travel credit, the effective AF is $150.



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