How I Used My Ink Business Preferred Cardʼs Sign-Up Bonus

Last updated Feb. 23, 2025 by Charles Zemub

Navigating the world of credit cards can be daunting, given today’s vast array of choices and the complex web of rewards, points, and bonuses they offer. The Ink Business Preferred Card from Chase, however, manages to stand out, thanks to its generous sign-up bonus. Like many entrepreneurs, I found myself tempted by the promise of points that translate directly into cash, travel, or savings. Here is a detailed exploration of how I utilized the sign-up bonus of my Ink Business Preferred Card to benefit my growing business and personal life.

Unlocking the Sign-Up Bonus

The first step in making the most of my Ink Business Preferred Card was unlocking the sign-up bonus. The card offers a substantial bonus of 100,000 points after spending $15,000 on purchases in the first three months from account opening. For some, hitting this target may require careful planning and restructuring of expenses. For others, especially those with robust business expenses, this benchmark might be naturally achievable.

I began by aligning my business expenditures to the card, targeting qualifying purchases such as advertising, shipping, and travel. It’s important to note that the card offers 3 points per dollar on the first $150,000 spent in combined purchases on certain business categories each year, including travel and some business services, which only added to its allure.

Maximizing Business Benefits

Once I unlocked the sign-up bonus, I set about determining the best use of those valuable 100,000 points. For someone who thrives on traveling for business and leisure, Chase’s Ultimate Rewards portal became an immediate focal point.

Travel Enhancements

My business often requires me to circumnavigate the globe, whether it’s attending conferences, meeting clients, or scouting for new ventures. Using points for travel through the Chase Ultimate Rewards program offers 25% more value — meaning those 100,000 points equaled $1,250 toward travel.

I concentrated my spending on business-related trips, ensuring I booked flights, accommodations, and transportation through the portal. This not only amplified the value I got from the points but also allowed me to keep my cash flow healthier, redirecting those funds into expanding the business.

Effective Cash Back Options

Despite the attractive travel options, I occasionally opted for the cash back feature. Here, the ability to directly translate points into business expenses, paying down debts, or reinvesting into daily operations was crucial for periods of fiscal conservatism. By dedicating a portion of these points to cash back, I could better manage expenses without impacting our operating income.

Marketing and Client Engagement

Another strategy was channeling the bonus into enhancing my company’s marketing approach. As digital marketing strategies evolve rapidly, being able to afford the latest technology or advertising platforms can be a game-changer. By utilizing the card’s bonus and earning structure, I invested in a social media campaign that not only boosted client engagement but also increased our footprint in the industry.

Personal Benefits from Points

Beyond the business utility, I learned that personal goals could also be met using these points.

Upgrades and Travel Luxuries

While professional travel was the primary focus, I took advantage of occasional upgrades for personal trips. Flying business class or staying in a suite for a fraction of the retail price (thanks to point conversions) added a layer of luxury to trips, ensuring relaxation and comfort. This personal rejuvenation indirectly benefited my business endeavors as I returned more focused.

Gifting and Special Occasions

An often overlooked advantage is using points for gifts. Birthdays, anniversaries, or special occasions became easier to manage by redeeming points towards special rewards or gift cards. This allowed me to maintain personal relationships and show appreciation without dipping into personal savings.

Short Answer

FAQs

1. How can I qualify for the Ink Business Preferred Card sign-up bonus?

To qualify for the bonus, you need to spend $15,000 on purchases within the first three months from account opening. Plan your spending to align with essential business purchases to ensure you hit this mark.

2. What types of purchases earn the most points with this card?

The Ink Business Preferred Card earns 3 points per dollar on the first $150,000 spent in combined purchases on travel, shipping, internet, cable and phone services, and advertising purchases made with social media sites and search engines each account anniversary year. All other purchases earn 1 point per dollar.

3. Can the points be transferred to travel partners?

Yes, points can be transferred at a 1:1 ratio to leading airline and hotel loyalty programs, including United MileagePlus, Southwest Airlines Rapid Rewards, and World of Hyatt, among others. This feature can potentially increase the value of your points depending on redemption options.

4. Is there an annual fee for the Ink Business Preferred Card?

Yes, there is an annual fee of $95. However, many users find that the card’s rewards and benefits outweigh this fee, especially when utilizing the sign-up bonus effectively.

In conclusion, the Ink Business Preferred Card’s sign-up bonus offers diverse potential, providing significant value when comprehensively understood and strategically applied. Whether your goal is to bolster business operations, enhance personal experiences, or a combination of both, this card can be a powerful ally in achieving those objectives. By carefully planning and leveraging the rewards it provides, you can both save and prosper.