Nov 14, 2016, 5:35 pm
Last edit by: CodeAdam10
THIS THREAD IS NOW ARCHIVED.
PLEASE CONTINUE THE DISCUSSION HERE: https://www.flyertalk.com/forum/chase-ultimate-rewards/2031752-chase-ink-business-preferred-2021-onward.html
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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.
: 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
PLEASE CONTINUE THE DISCUSSION HERE: https://www.flyertalk.com/forum/chase-ultimate-rewards/2031752-chase-ink-business-preferred-2021-onward.html
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- 100,000 Chase UR points after $15K spend in 3 months, with $95 annual fee (not waived the first year)
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.
: 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
- For reports on what qualifies as travel expenses, see https://www.flyertalk.com/forum/chas...solidated.html
- 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
- 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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Landing page for all INK cards: https://creditcards.chase.com/a1/ink-business-compare-cards/nov?CELL=6RRW&jp_cmp=cc/Ink-General_Brand_Exact_Ink_SEM_US_Desktop_Standard_NA/sea/p56076138828/Business+Card+-+Chase+-+Ink&ds_rl=1268784&ds_rl=1238366&ds_rl=1238420&gcl id=EAIaIQobChMIoIqR-oic7QIV1x6tBh3k0gDyEAAYASAAEgItB_D_BwE&gclsrc=aw.d s
Chase Ink Business Preferred (2016 - 2020 ARCHIVED)
Apr 6, 2017, 3:17 am
#197
Join Date: Jan 2015
Posts: 159
Apr 6, 2017, 8:33 am
#198
Join Date: Jan 2017
Posts: 41
Here are the terms from the benefits guide
I bolded the part that appears to me to cover all lines on the bill that is paid for with the card.
Cellular Telephone Protection
Benefit Information
What is Cell Phone Protection?
Subject to the terms and conditions provided in this Guide to Benefit,
Cellular Telephone Protection will reimburse the eligible Cardholder
(the “Cardholder”, also referred to as “You” or “Your”) for damage
Outside of the U.S., call collect at 1-804-673-1691 49
to, theft of, or involuntary and accidental parting of Eligible Cellular
Wireless Telephones. Eligible Cellular Wireless Telephones are the
lines listed on Your most recent cellular provider’s monthly billing
statement for the billing cycle prior to when the incident occurred.
Cellular Telephone Protection is subject to a one hundred ($100.00)
dollar deductible per claim and a maximum of three (3) claims per
twelve (12) month period. The maximum benefit limit is six hundred
($600.00) dollars per claim and eighteen hundred ($1,800.00)
dollars per twelve (12) month period.
Coverage Information
Who is eligible for this protection?
To be eligible for Cellular Telephone Protection, You must be a valid
Cardholder of an eligible U.S.-issued Chase card and charge Your
monthly cellular wireless telephone bills to Your eligible card. Following
the program effective date set forth above, Your cellular telephone
protection begins the day following your cellular wireless telephone bill
payment and remains in effect until the last day of the calendar month
following the payment. Coverage is suspended if no payment is made
on your eligible card.
Benefit Information
What is Cell Phone Protection?
Subject to the terms and conditions provided in this Guide to Benefit,
Cellular Telephone Protection will reimburse the eligible Cardholder
(the “Cardholder”, also referred to as “You” or “Your”) for damage
Outside of the U.S., call collect at 1-804-673-1691 49
to, theft of, or involuntary and accidental parting of Eligible Cellular
Wireless Telephones. Eligible Cellular Wireless Telephones are the
lines listed on Your most recent cellular provider’s monthly billing
statement for the billing cycle prior to when the incident occurred.
Cellular Telephone Protection is subject to a one hundred ($100.00)
dollar deductible per claim and a maximum of three (3) claims per
twelve (12) month period. The maximum benefit limit is six hundred
($600.00) dollars per claim and eighteen hundred ($1,800.00)
dollars per twelve (12) month period.
Coverage Information
Who is eligible for this protection?
To be eligible for Cellular Telephone Protection, You must be a valid
Cardholder of an eligible U.S.-issued Chase card and charge Your
monthly cellular wireless telephone bills to Your eligible card. Following
the program effective date set forth above, Your cellular telephone
protection begins the day following your cellular wireless telephone bill
payment and remains in effect until the last day of the calendar month
following the payment. Coverage is suspended if no payment is made
on your eligible card.
Apr 6, 2017, 11:42 am
#199
Join Date: Jun 2014
Posts: 65
If I'm over 5/24 on my personal cards but am not over 5/24 on my business cards, did I exceed its threshold? Does the 5/24 rule count all cards regardless of it being personal or business?
Thanks!
Apr 6, 2017, 12:14 pm
#200
Join Date: Aug 2001
Location: NJ, USA
Programs: UA MM
Posts: 671
Darn - unlike Ink Business Plus, this one is asking for a Tax ID # of the business. I had a small business selling homemade knick-knacks. I don't anymore. Grrrr. I guess this is for real current business owners only.
Apr 6, 2017, 12:20 pm
#201
Join Date: Mar 2005
Location: Kansas City, MO
Programs: AA Gold
Posts: 3,648
I just got one of these cards for the first time a week ago. I used my SSN number as my tax ID number. I listed my business as sole proprietor. You do not need a FEIN.
Apr 6, 2017, 12:21 pm
#202
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
Apr 9, 2017, 12:42 am
#203
Join Date: Apr 2017
Posts: 8
5/24 business vs personal
My recent online app was rejected in 2 days by letter on 5/24 basis. I have a legitimate corp with no credit cards so the rejection appears based purely on my personal card history. I went to two NY branches and both managers said they had no leeway to affect the algorithmic decisions. One said all their flexibility was taken away last year.
Last edited by bvbb; Apr 9, 2017 at 12:43 am Reason: grammar
Apr 11, 2017, 8:13 pm
#204
Join Date: Apr 2017
Posts: 28
Can someone tell me how your finding out your application status?
I applied for this card on Friday through a branch. I haven't received anything but an email from the rep that i applied with stating that I should hear something in about 5 days.
I applied for this card on Friday through a branch. I haven't received anything but an email from the rep that i applied with stating that I should hear something in about 5 days.
Apr 12, 2017, 7:12 am
#205
Join Date: Apr 2017
Posts: 8
Chase Private Client?
My recent online app was rejected in 2 days by letter on 5/24 basis. I have a legitimate corp with no credit cards so the rejection appears based purely on my personal card history. I went to two NY branches and both managers said they had no leeway to affect the algorithmic decisions. One said all their flexibility was taken away last year.
Apr 12, 2017, 5:20 pm
#206
Join Date: Jul 2012
Location: LGB
Posts: 31
I am, however, concerned with Chase flagging my account for MS if I continue to use Gyft for larger amounts.
Not interested in MS but would like to get 3x for purchases I'm making every month through Amazon and other merchants with cards on Gyft.
Apr 13, 2017, 2:12 pm
#207
Join Date: Jul 2014
Location: North Jersey
Posts: 31
I Put $9,328 spend on Ebay fees and shipping labels made through ebay. Got exactly X3 for all of it, 107,984 total points including the 80k on my first statement.
Apr 13, 2017, 2:17 pm
#208
Join Date: Dec 2004
Posts: 7,903
I assume this is only for Preferred. Is that right? I used to put eBay fees on Plus and Bold and don't remember a bonus (still have the cards). Thanks.
Apr 13, 2017, 2:32 pm
#209
Join Date: Jul 2012
Location: LGB
Posts: 31
30 days = pending review, potentially approved
2 weeks = likely denied
Apr 13, 2017, 2:53 pm
#210
Join Date: Jul 2014
Location: North Jersey
Posts: 31
Yes the new preferred card. I think it falls under the 3% advertising purchases made with social media sites and search engines.