The Ink Business Preferred® Credit Card offers great bang for your buck. But with so many competing travel reward credit card programs out there, how do you really know you’re picking the best one for your spending and travel style?
These are the top six reasons the Ink Business Preferred® Credit Card is a solid choice for road warriors.
The card at a glance
Annual fee: $95.
Sign-up bonus: Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®.
Points: 3 points per dollar on categories including travel, shipping, phone, internet and cable, search engine and social media advertising, and 1 point per dollar on all other purchases.
1. Bonus points in categories you’ll actually use
If you’re racing from one city to the next promoting your business, you’ll love putting your travel costs on your Ink Business Preferred® Credit Card and watching the rewards rack up. You’ll earn 3 points per $1 for travel, along with other popular business categories such as shipping, search engine and social media advertising, and cable, internet, and phone services.
After $150,000 of annual purchases in those categories combined, your rewards will drop back to 1 point per $1.
2. Redemption bonus when used for travel
Rewards are worth 1 cent per point when redeemed for gift cards or cash back. But if you use the Chase Ultimate Rewards® travel center, you will receive a 25% bonus for travel redemptions. That 1 cent reward becomes 1.25 cents if you’re redeeming your rewards for travel — business or personal. You can also transfer your points at a 1:1 ratio to Chase’s travel partners like United and Hyatt, but if you do that you won’t get a fixed value for each point. This may work in your favor, but it might not.
» Learn more: How to redeem Chase Ultimate Rewards®
3. Points never expire
As long as you make the minimum payment and keep your account open, the points you accrue with the Ink Business Preferred® Credit Card will never expire. Whether you’re saving points for a big personal vacation or to fly the whole office to a conference in Las Vegas, there’s no pressure to redeem your hard-earned points before you’re ready.
4. An extremely welcoming bonus
The Ink Business Preferred® Credit Card is offering the following welcome bonus for new members: Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®. Alternatively, those points can be redeemed for $1,000 in cash back, gift cards, or Amazon purchases.
» Learn more: Full review of the Ink Business Preferred
5. Traveler-friendly non-point perks
For the jetsetting road warrior, the Ink Business Preferred® Credit Card offers no foreign transaction fees.
If you spend more time in rental cars than on airplanes, you’ll love Chase’s coverage for theft or collision damage of your rental vehicle — but note that coverage is available only on rentals for business purposes.
Chase also offers travel protection up to $5,000 per trip on nonrefundable expenses if you have to cancel for a covered reason including sickness or severe weather.
» Learn more: Chase 5/24 rule explained
6. Transfer your points to maximize their value
If you’re loyal to Delta Air Lines or American Airlines, you’ll still find value in redeeming your points through the Chase Ultimate Rewards® travel portal. For other travelers, the Ink Business Preferred® Credit Card offers 1:1 transfers to the following airline and hotel loyalty programs, allowing users of these programs to more efficiently accrue valuable points.
Aer Lingus AerClub.
British Airways Executive Club.
Flying Blue (AirFrance/KLM).
Singapore Airlines KrisFlyer.
Southwest Airlines Rapid Rewards.
Virgin Atlantic Flying Club.
IHG Rewards Club.
World of Hyatt.
With this 1:1 transfer, you can earn 3 points per $1 when you purchase your travel using the Ink Business Preferred® Credit Card in addition to the loyalty points you’ll normally earn from that trip or stay. Then you can transfer your Ultimate Rewards® points to the airline or hotel loyalty program of your choice to earn points faster.
If you have the Ink Business Preferred® Credit Card, your Ultimate Rewards® are worth 1.25 cents when redeemed for travel through Chase’s travel portal. On the other hand, the value of transferring points to redeem directly with the hotels and airlines above can vary wildly. You may find it more valuable to redeem your points through Chase, so be sure to look at NerdWallet’s point valuations and always check prices and availability before you commit to the transfer.
How to Maximize Your Rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:
Airline miles and a large bonus: Chase Sapphire Preferred® Card
No annual fee: Wells Fargo Propel American Express® card
Flat-rate rewards with no annual fee: Bank of America® Travel Rewards credit card
Premium travel rewards: Chase Sapphire Reserve®
Luxury perks: The Platinum Card® from American Express
Business travelers: Ink Business Preferred® Credit Card