Chase Ink Business Preferred

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Old Jun 26, 19, 11:50 am   -   Wikipost
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What's the best current offer?
  • 80,000 Chase UR points after $5K spend in 3 months, with $95 annual fee (not waived the first year)

May 2018: A 100,000 points offer is available from the Business Rep at your local Chase branch office. This is not available online and Chase will not retroactively up-match to this offer, even if you were recently approved via an online application. The 100k in-branch offer was previously available, then discontinued, and now seems to be back at least for Small Business Week 2018. Additionally, for those who may be automatically excluded due to 5/24, the in-branch Business Rep can submit the application by Mail on your behalf (this avoids the application going through the computer check that would automatically exclude those who are already at 5/24.) First year's annual fee is not waived.

October 2018: 100,000 points offer is no longer available. Best offer is 80,000 points after $5,000 in first 90 days.

July 2017: Some members may have a referral link and would be very grateful if you would use it. See this thread: http://www.flyertalk.com/forum/credi...ost-first.html

1) Should I apply using the link above or go to a nearby brick and mortar branch?
Sometimes there are better offers to be had in the branch (as referenced above). Some in-branch apps had/have the $95 AF waived 1st yr (ymmv). You can also have your banker check to see if you are pre-approved for this card (green screen on the banker's log in). However, it is likely simpler/easier to do a Chase business credit application Online as applying in-branch often requires providing documentation (proof of business, etc).
2) How do the rewards differ from other INK cards?
The bonus categories on this card are different than other cards in the INK family, notably, this card does NOT get a bonus at Office Supply stores, but DOES get the following:

3 Points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year:

- Travel; including airfare, hotels, rental cars, train tickets, and taxis
- Shipping purchases
- Internet, cable and phone services
- Advertising purchases made with social media sites and search engines

- 1 Point per $1 on all other purchases (with no limits on the number of points you can earn).

Also, notably, it follows the Sapphire Preferred personal card in offering a bonus when using points to book travel using the Ultimate Rewards web site: Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 towards travel.*

See discussion on using the UR portal, here: http://www.flyertalk.com/forum/chase...ts-2017-a.html
3) What are the insurance and other benefits provided by this card?
The Benefits Guide is here: https://www.chasebenefits.com/inkpreferred
4) Can I product change from a different INK Card?
Since this card is newly released, options may change in the future, but, at this time, Chase is not permitting product change to Ink Preferred at this time (reported on 11/23/16).
See our ongoing discussion here: http://www.flyertalk.com/forum/chase...16-onward.html
To check app. status find the numbers in the WIKI in this thread: https://www.flyertalk.com/forum/chas...onward-43.html

(888) 269-8690 - Business Credit Card Application Status Line, automated
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Old Jul 25, 17, 7:14 pm
  #361  
 
Join Date: Jul 2017
Posts: 25
Venmo 3x Rent

I was thinking of using Venmo to pay my rent/mortgage using CIBP card. Is Venmo still allowing for 3x while using CIBP?
BCon81 is offline  
Old Jul 28, 17, 6:36 pm
  #362  
 
Join Date: Apr 2017
Posts: 105
Interested in this card and have few questions:

1) what are the answers for business questions if my business is small (personal, not official)? How to fill legal name of business, type of business (sole proprietor, other, or?) and other business questions?

2) I am 4/24 (3 with chase!) and need 12 months to be 2/24 (will be 1 with chase then). My plan is to apply for this business preferred card now, then ink cash then freedom on the same day or within a week if possible! Does this work? What's Chase rules on its business cards? If both Chase business cards won't count then I understand that I will be eligible for freedom too!
good_boy_1234 is offline  
Old Jul 29, 17, 5:18 pm
  #363  
Moderator: Credit Card Programs & Chase Ultimate Rewards
 
Join Date: Aug 2002
Location: Anywhere a good IPA is served!!
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Originally Posted by good_boy_1234 View Post
Interested in this card and have few questions:

1) what are the answers for business questions if my business is small (personal, not official)? How to fill legal name of business, type of business (sole proprietor, other, or?) and other business questions?

2) I am 4/24 (3 with chase!) and need 12 months to be 2/24 (will be 1 with chase then). My plan is to apply for this business preferred card now, then ink cash then freedom on the same day or within a week if possible! Does this work? What's Chase rules on its business cards? If both Chase business cards won't count then I understand that I will be eligible for freedom too!
Sole proprietor is your type of business. Be as honest as possible with your answers because you may get a call from UW and grilled about your business. Usually, applying for 2 Chase cards on the same day is not recommended. I'd wait 31 days between apps. at least. Read the wiki in this forum http://www.flyertalk.com/forum/chase...17-onward.html for general guidelines on applying for Chase cards. Chase, and most other bank's, business cards do not show up on your CR.

PS Please don't post the same question in more than one forum or thread.
philemer is offline  
Old Aug 2, 17, 12:53 pm
  #364  
 
Join Date: Jan 2016
Posts: 31
I was approved for this card and just received it in the mail. I called in to change my statement end date/ due date before I received confirmation my call dropped. So I called in again and the 2nd rep I talked to asked me to confirm the type of business I had. It seemed like she was updating my profile or something.

Is that normal for a rep to ask or is a red flag of some kind?
itsmejson is offline  
Old Aug 3, 17, 12:10 pm
  #365  
 
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 3,250
I just want to be clear about this card. When the Wiki states
"internet, cable and phone services"
it means the purchase of these services, such as Time Warner or AOL. It does not mean that if you buy something on the internet and use this card that you will get any bonus.

So, in my estimation, this card may or may not be worth the $95 a year depending really on how much on-line advertising you purchase.

Probably will not keep the card when renewal time comes.
radonc1 is offline  
Old Aug 3, 17, 12:14 pm
  #366  
 
Join Date: Mar 2005
Location: Kansas City, MO
Programs: AA Gold, SPG Gold
Posts: 3,214
Thumbs down if you have google fiber for internet, no bonus points

Originally Posted by radonc1 View Post
I just want to be clear about this card. When the Wiki states
"internet, cable and phone services"
it means the purchase of these services, such as Time Warner or AOL. It does not mean that if you buy something on the internet and use this card that you will get any bonus.

So, in my estimation, this card may or may not be worth the $95 a year depending really on how much on-line advertising you purchase.

Probably will not keep the card when renewal time comes.
be aware you may not get bonus points for your internet service if through Google fiber. It does not show up as internet service on to Chase on the bill. I have been fighting this for 2 years and Chase will not classify google fiber as an internet service even though it is.
susiesan is offline  
Old Aug 4, 17, 4:02 am
  #367  
 
Join Date: Apr 2017
Posts: 8
Originally Posted by bvbb View Post
Qualifies for 3x
Gyft.com and app with or without paypal
eBay seller fee's paid directly to eBay with or without paypal
eBay shipping paid through paypal
Amazon AWS Fee's
Amtrak
UPS
Fedex
Venmo
TWC*TIME WARNER NYC (standard Spectrum residential cable bill)
Amazon web services (but note Amazon Rewards VISA w/Prime gives 5% reward)
USPS PO 3547750258 (standard postage purchase)
Netflix.com (monthly DVD subscription)

Does not qualify for 3x
Endicia
Channeladvisor
Also qualifies as of 7/19/17:
Google Voice
Washington DC Metro (WMATA)
bvbb is offline  
Old Aug 10, 17, 8:08 am
  #368  
 
Join Date: Jun 2011
Location: San Diego, CA
Programs: Yes.
Posts: 435
Cancel ink plus before applying?

Should I cancel ink plus before applying for preferred. Just have the sole proprietorship
econjon is offline  
Old Aug 13, 17, 12:21 am
  #369  
 
Join Date: Dec 2010
Location: SNA/LAX
Programs: AA++
Posts: 178
Already has ink plus, can apply ink preferred?

Hi, probably it is already asked somewhere, but I cannot find it.
Is it possible to apply ink preferred if I already have ink plus ?
Also, I have CSR and sapphire as well.

Thanks
ssg10 is offline  
Old Aug 13, 17, 12:22 am
  #370  
 
Join Date: Sep 2008
Posts: 4,772
Yes, you can. I had one ink and got the other one. They asked why. I said cause it is a credit card (I had the bold prior)
s0ssos is offline  
Old Aug 13, 17, 9:43 am
  #371  
 
Join Date: Apr 2017
Location: AUS
Programs: AA Gold, Hilton Diamond, SPG / Marriott Gold.
Posts: 152
I had an Ink Plus. Downgraded to Ink Cash on year anniversary in the Spring. I was just approved for Ink Preferred using same SSN and no EIN (sole proprietorship). Applied on Wed and approved Friday without talking with them.

Originally Posted by ssg10 View Post
Hi, probably it is already asked somewhere, but I cannot find it.
Is it possible to apply ink preferred if I already have ink plus ?
Also, I have CSR and sapphire as well.

Thanks
AUSINSIGHT is offline  
Old Aug 13, 17, 12:54 pm
  #372  
FlyerTalk Evangelist
 
Join Date: Oct 2004
Location: Bay Area
Programs: DL SM, UA MP.
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Originally Posted by David Ocamb View Post
I had an Ink Plus. Downgraded to Ink Cash on year anniversary in the Spring. I was just approved for Ink Preferred using same SSN and no EIN (sole proprietorship). Applied on Wed and approved Friday without talking with them.
Same deal with me, I have both cards.
wco81 is offline  
Old Aug 14, 17, 6:40 pm
  #373  
 
Join Date: Jan 2014
Posts: 64
Originally Posted by ssg10 View Post
Hi, probably it is already asked somewhere, but I cannot find it.
Is it possible to apply ink preferred if I already have ink plus ?
Also, I have CSR and sapphire as well.

Thanks
For anyone that has the Ink Plus, send yourself a referral link, it will automatically be for the InkPreferred. Easy way to make this a 100k point deal.
Tylt33 is offline  
Old Aug 14, 17, 10:15 pm
  #374  
c2d
 
Join Date: Aug 2011
Location: BOS / BWI
Programs: AA, UA, Marriott, HHonors, Avis et al.
Posts: 224
I am at 3/24, 800+ FICO. Have Ink Plus, CSP, Slate, Freedom.
Applied to Ink Preferred tonight, got decision pending message ("We need to review your request a little longer. We will let you know of our decision by U.S. mail. This could take up to 30 days"). It could be because I just changed my address (moved back to previous address).
Sole Prop, 5 years old (real estate, lessor).
Should I wait it out or call recon tomorrow? Thanks for any advice or DP.
c2d is offline  
Old Aug 15, 17, 12:59 am
  #375  
 
Join Date: Apr 2004
Programs: AA plt 2 mm, Marriott LTT, HH dia
Posts: 1,194
Originally Posted by c2d View Post
I am at 3/24, 800+ FICO. Have Ink Plus, CSP, Slate, Freedom.
Applied to Ink Preferred tonight, got decision pending message ("We need to review your request a little longer. We will let you know of our decision by U.S. mail. This could take up to 30 days"). It could be because I just changed my address (moved back to previous address).
Sole Prop, 5 years old (real estate, lessor).
Should I wait it out or call recon tomorrow? Thanks for any advice or DP.

This is normal for Chase. In my experience, it is common to get this message, and then have an approval the next business day. If you have an existing business online login for your Ink Plus, that is the easiest way to see the status of your application. The new account will show up on your business profile online as soon as it is opened. You can see the last 4 digits of the account number, and set up paperless statements immediately.

There is also an automated status line listed in the wiki to call for status on the application if you don't have an existing business online login.

(800) 432-3117 – General Application Status Line, automated

(800) 436-7927 – Alternative General Application Status Line, automated

Most people here advise to wait it out. Don't call reconsideration until you know for sure you have been rejected.
jeanie is offline  

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