Jan 3, 2021, 2:26 pm
Last edit by: mia
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Moderator caution: Referral offers -or- links are NOT permitted in any thread in the Chase forum. Instead, see: Credit card referral offers (post only in this thread, read Wikipost first Please do not post ANY application links in the Wikipost or thread, even if you think they are not referral links. If you think there is an extraordinary circumstance where the link is difficult to find elsewhere, consult with a moderator before posting.
What's the best current offer for the Chase INK Preferred?
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 and ymmv.
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
- 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/inkpreferred2
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
Moderator caution: Referral offers -or- links are NOT permitted in any thread in the Chase forum. Instead, see: Credit card referral offers (post only in this thread, read Wikipost first Please do not post ANY application links in the Wikipost or thread, even if you think they are not referral links. If you think there is an extraordinary circumstance where the link is difficult to find elsewhere, consult with a moderator before posting.
What's the best current offer for the Chase INK Preferred?
- 100,000 Bonus Points after you spend $15,000 on purchases in the first 3 months from account opening.
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 and ymmv.
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
- 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/inkpreferred2
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
Chase INK Business Preferred (100k for $8k in 90 days)
Jun 22, 2022, 11:31 am
#61
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
11.15.2015 Ultimate Rewards transfer ONLY to own & AU's airline/hotel accounts
Jun 22, 2022, 9:54 pm
#62
Join Date: Feb 2011
Location: NYC suburbs
Programs: UA LT Gold (BIS), AA LT Plat (CC SUBs & BD), Hilton Dia (CC), Hyatt Glob (BIB), et. al.
Posts: 3,290
I didn't mean to imply that it was.
I was asking about paying ANY card every 5 days, which seems sufficiently far enough off the bell shaped curve as to engender (unwanted) attention to one's account(s). Other than (compulsive) churning
, I try not to do anything significantly outside the norm which might bring special attention to my account(s).
I was asking about paying ANY card every 5 days, which seems sufficiently far enough off the bell shaped curve as to engender (unwanted) attention to one's account(s). Other than (compulsive) churning
, I try not to do anything significantly outside the norm which might bring special attention to my account(s).
Nov 30, 2022, 3:08 am
#64
Join Date: Mar 2010
Location: TPE, SFO, PAE
Posts: 862
Yes. You can ask them to expedite the card once the original card has been shipped.
Dec 11, 2022, 8:15 pm
#65
Join Date: Sep 2012
Posts: 28
Apologies, but not too much info out there about the older Ink+ card...
1. Is it possible to hold both the grandfathered Ink Plus and Ink Business Preferred or will the older Ink+ be cancelled out?
2. Does having an Ink Plus card increase one's chances of being accepted for the Business Preferred?
Thanks!
1. Is it possible to hold both the grandfathered Ink Plus and Ink Business Preferred or will the older Ink+ be cancelled out?
2. Does having an Ink Plus card increase one's chances of being accepted for the Business Preferred?
Thanks!
Dec 11, 2022, 8:29 pm
#66
Join Date: Mar 2010
Location: TPE, SFO, PAE
Posts: 862
Apologies, but not too much info out there about the older Ink+ card...
1. Is it possible to hold both the grandfathered Ink Plus and Ink Business Preferred or will the older Ink+ be cancelled out?
2. Does having an Ink Plus card increase one's chances of being accepted for the Business Preferred?
Thanks!
1. Is it possible to hold both the grandfathered Ink Plus and Ink Business Preferred or will the older Ink+ be cancelled out?
2. Does having an Ink Plus card increase one's chances of being accepted for the Business Preferred?
Thanks!
2. No idea but I think the conventional wisdom is having one business card with Chase makes it easier to be automatically approved for subsequent Chase business cards (as long as sufficient CL available).
Jun 29, 2023, 11:29 pm
#68
Join Date: Aug 2014
Posts: 23
Chase Ink Preferred (CIP) now with 8K spending requirement
I just stumbled upon the fact that the Chase Ink Preferred is now offering a 100k sign-up bonus, with the spending requirement reduced to $8,000 within three months, which is a substantial drop from the previous $15k.
If you don't have a need for the spending categories offered by this card, you can obtain the sign-up bonus and then downgrade to the no annual fee Ink Cash or Ink Unlimited in the second year.
If you don't have a need for the spending categories offered by this card, you can obtain the sign-up bonus and then downgrade to the no annual fee Ink Cash or Ink Unlimited in the second year.
Jun 30, 2023, 9:24 am
#69
Join Date: Feb 2011
Location: NYC suburbs
Programs: UA LT Gold (BIS), AA LT Plat (CC SUBs & BD), Hilton Dia (CC), Hyatt Glob (BIB), et. al.
Posts: 3,290
Jun 30, 2023, 11:42 am
#70
FlyerTalk Evangelist
Join Date: Dec 2003
Location: Benicia, California, USA
Programs: AA PLT,AS,UA PP,J6,FB,EY,LH,SQ,HH Dmd,Hyatt Glbl,Marriott Plat,IHG Plat,Accor Gold
Posts: 10,820
I'm thinking of applying for the Business Preferred card. I've had the old Business Plus card for many years, and the Business Unlimited and Business Cash cards for several years. I'm a sole proprietor with a +800 credit rating. I also have the Hyatt and IHG Business careds, the Hyatt and IHG personal, and the Chase Sapphire Preferred. Last Chase card I obtained was about a year ago. I've been spending various amounts on all of my cards on a somewhat regular basis.
Any sense of what my chances of approval for the Business Preferred card are and what if anything I can do to improve them?
Thanks for any advice.
Any sense of what my chances of approval for the Business Preferred card are and what if anything I can do to improve them?
Thanks for any advice.
Jun 30, 2023, 12:18 pm
#71
Join Date: Feb 2011
Location: NYC suburbs
Programs: UA LT Gold (BIS), AA LT Plat (CC SUBs & BD), Hilton Dia (CC), Hyatt Glob (BIB), et. al.
Posts: 3,290
Be below 5/24 across all issuers. "Consolidation" vs "reduce" is debatable insofar as final approval chances are concerned; reduce probably increases chances for instant approval, consolidate (with requisite recon call) might increase overall chances of approval. (I’m far from an expert, but based on your description and presuming no red flags, I’ll opine your chances as good to excellent.)
Jun 30, 2023, 12:23 pm
#72
FlyerTalk Evangelist
Join Date: Dec 2003
Location: Benicia, California, USA
Programs: AA PLT,AS,UA PP,J6,FB,EY,LH,SQ,HH Dmd,Hyatt Glbl,Marriott Plat,IHG Plat,Accor Gold
Posts: 10,820
Thanks very much for the quick and useful reply, including the reminder about trying reconsideration if necessary.
Jul 5, 2023, 7:00 am
#74
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
Jul 5, 2023, 7:03 am
#75
Join Date: May 2022
Posts: 2,255