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)
Sep 6, 2018, 12:49 am
#811
Join Date: Apr 2014
Posts: 539
For me it showed up (in the UR summary page) closer to the closing date of the statement (I'd met the spend in the previous statement as well). I would just keep checking, but I guess it does seem to align with the 4-6 week timeline. I also think that rather than avoid people cancelling before the annual fee hits, they are probably building a little buffer in case there are any returns that bring your spend under the required amount (most return periods are <30 days).
Sep 6, 2018, 11:25 pm
#812
Join Date: Aug 2018
Programs: spg, MR
Posts: 8
Following up on the recent forced delays for bonuses: Applied and approved early Aug. Met the MSR well within 3 weeks (mostly organic). Statement posted on the 26th showing purchases $5,200+.. still no bonus received or pending for that matter. Called and csr explained that it should post this upcoming statement. We'll see!
Sep 7, 2018, 10:46 am
#813
Join Date: Jan 2013
Posts: 845
same boat...on 3 cards between me and wife. Met spend well before the statement cut date. Did not show up on first statement and points do not show as pending on UR site for next statement. This is for CSP, CIP, and CFU.
Sep 10, 2018, 10:41 pm
#814
Join Date: Apr 2017
Posts: 470
The annual fee just hit. What are the options for downgrading? How long do I have to make the decision and avoid paying the annual fees?
Sep 10, 2018, 11:13 pm
#815
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,068
Sep 11, 2018, 1:56 am
#816
Join Date: Aug 2007
Location: Truth or Consequences, NM
Programs: HH Diamond, Marriott Titanium, Hertz President's Circle, UA Silver, Mobile Passport Unobtanium
Posts: 6,192
Sep 11, 2018, 1:55 pm
#817
Join Date: Oct 2012
Location: SEA
Programs: Alaska MVP Gold
Posts: 539
I called a Chase Branch to speak to a BRM and got a hold of one. I was asking about the hours that he's in and he was saying that for the purposes of applying for a credit card, that any of the "business specialists" in the branch would be able to help me apply. He mentioned that Chase is changing the role of the BRMs and that they only deal with businesses with over $1M of revenue. Not sure if maybe he was referring to a Chase Preferred Client arrangement? Either way, what I want to know, is do I absolutely have to have my application processed by the BRM, or does anyone have experience going through a normal "business specialist" that is at any branch?
Sep 11, 2018, 3:06 pm
#818
Join Date: Sep 2011
Posts: 1,857
I called a Chase Branch to speak to a BRM and got a hold of one. I was asking about the hours that he's in and he was saying that for the purposes of applying for a credit card, that any of the "business specialists" in the branch would be able to help me apply. He mentioned that Chase is changing the role of the BRMs and that they only deal with businesses with over $1M of revenue. Not sure if maybe he was referring to a Chase Preferred Client arrangement? Either way, what I want to know, is do I absolutely have to have my application processed by the BRM, or does anyone have experience going through a normal "business specialist" that is at any branch?
If you're not pre-approved for this card, then you'll need the BRM to submit your app to bypass 5/24.
Sep 11, 2018, 7:38 pm
#819
Suspended
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
When I went to the branch to open my business checking, I asked the banker to check any business card pre-approval. But she could not find any. Is it work the risk to ask her to send any new application? This is a real business and I get EIN and all business doc binder. I've had the business Marriott card open for almost a year.
I'm about 11/24. I should be 5/24 by next year, 8/2019. Or it is worth a hard pull?
I'm about 11/24. I should be 5/24 by next year, 8/2019. Or it is worth a hard pull?
Sep 12, 2018, 8:49 am
#820
Join Date: Sep 2011
Posts: 1,857
There's no point in applying without a pre-approval. Virtually guaranteed denial. I wouldn't bother.
Sep 18, 2018, 6:27 am
#822
Join Date: Sep 2011
Posts: 1,857
It's changed. At last check, it was a full refund if you product change within 40 days of the Statement Date that has the AF on it. It's the same for personal and business cards. This policy can change at any moment without notice.
Sep 18, 2018, 7:01 am
#823
Join Date: Aug 2007
Location: Truth or Consequences, NM
Programs: HH Diamond, Marriott Titanium, Hertz President's Circle, UA Silver, Mobile Passport Unobtanium
Posts: 6,192
Sep 18, 2018, 2:30 pm
#824
Join Date: Aug 2018
Programs: Southwest Rapid Rewards
Posts: 1
Here's a data point I haven't seen. Applied for my first business card, the CIP 8/14. Currently 3/24, Hilton Honors Aspire, August 2018, Chase Freedom Unlimited August 2018, Alaska Airlines, Sept. 2018. Older cards include 2 Capital one Platinums (12 years old), Citi Costco Card, 2016 and US Bank REI Card, 2016. FICO 820, Utilization >5%. Called the automated line daily, got the "30 day's" message. Today I was called by a Chase rep who asked me about my business (type and history), number of employees, my income (amount and source) and if I had a mortgage (I don't). After answering the questions she said they'll send the welcome package within 7 days. Following the several data points I had seen previously, I deliberately called only the automated line. I planned on calling recon if I was declined, but did not expect a direct call with all the questions . It's funny - going to lots of job interviews have made me better at thinking on my feet. I used to get nervous as hell.
New applicants should be prepared to answer some questions.
New applicants should be prepared to answer some questions.
Oct 2, 2018, 11:59 am
#825
Join Date: Oct 2012
Location: SEA
Programs: Alaska MVP Gold
Posts: 539
Went to a BRM to get a CIP 2 weeks ago. I have a real business and went through the motions to get the application put in specifically by the BRM. He verified my business was legit and said everything looked good. At the time, he told me it was approved, but that it would be sent to some other department for verification. One week later, I get a letter in the mail saying that my application was denied for the standard 5/24 reason: Too many recent accounts. What gives? I thought the BRM was supposed to be a work-around. Did he mess up somehow? Did I? I've called and emailed him to try to get some info from him but he hasn't returned my calls or emails. Not sure what to do at this point.
Any ideas?
Any ideas?