Chase Ink Business PREFERRED Review!

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

May 24th, 2021

DESCRIPTION
The Chase Ink Business Preferred is a GREAT credit card for small businesses that have large expenses in shipping, advertising, internet, cable, phone, and travel. Learn all about it in this video review! Click “Show More” to see Ad Disclosure. 📲 MAXREWARDS - Manage credit cards & rewards! Get Gold level for free with PROMO CODE = markr http://markscreditcards.com/maxrewards 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull NOTE: Terms apply to Chase benefits and offers. Visit chase.com to learn more. WELCOME BONUS (as of May 2021) Earn 100,000 points after spending $15K on purchases in the first 3 months. Approximate value = $1,000 - $2,000 on average. ANNUAL FEE = $95 POINTS – EARN Chase Ultimate Rewards Points Earn 3X on first $150K in combined purchases in the following categories each account anniversary year: - 3X Travel - 3X Advertising: Social media sites & search engines - 3X Internet, cable & phone - 3X Shipping - 1X Other Purchases WHAT COUNTS AS TRAVEL FOR CHASE INK BUSINESS PREFERRED airlines hotels motels timeshares car rental agencies cruise lines travel agencies discount travel sites campgrounds passenger trains buses taxis limousines ferries toll bridges highways parking lots garages EXCLUSIONS: Merchants that provide transportation and travel-related services are not included in this category; for example, real estate agents, educational merchants arranging travel, in-flight goods and services, on-board cruise line goods and services, sightseeing activities, excursions, tourist attractions, RV and boat rentals, merchants within hotels and airports, and merchants that rent vehicles for the purpose of hauling. Purchases from gift card merchants or merchants that sell points or miles will not qualify in the travel category. POINTS – REDEEM Chase Ultimate Rewards Points - Travel (Transfer Partners): 2.0¢ per point, average - Travel (Chase Travel Portal): 1.25¢ per point for flights, hotels, car rentals, cruises, vacations, and experiences - Pay Yourself Back (Statement credit): 1.25¢ per point as a statement credit to offset purchases for shipping, home improvement stores, and select charities (exp. 6/30/2021 unless changed) - Cash Back (Statement credit or deposit to checking or savings account): 1.0¢ per point CHASE TRANSFER PARTNERS Aer Lingus, AerClub Air Canada Aeroplan (coming late 2021) British Airways Executive Club Emirates Skywards Flying Blue Air France KLM Iberia Plus JetBlue TrueBlue Singapore Airlines KrisFlyer Southwest Airlines Rapid Rewards United MileagePlus Virgin Atlantic Flying Club IHG Rewards Club Marriott Bonvoy World of Hyatt CHASE INK BUSINESS PREFERRED BENEFITS - Employee cards at no additional cost - Business expense reporting tools INSURANCE & PROTECTIONS - Trip Cancellation / Trip Interruption Insurance - Roadside Dispatch - Auto Rental Collision Damage Waiver: coverage is primary - Cell Phone Protection - Purchase Protection - Extended Warranty Protection SHOULD YOU GET IT? YES if you… - Are a business owner - Spend regularly in the 3X categories: Travel | Shipping | Advertising | Internet, Cable, Phone - Value points that are good for cash back and great for travel - Want cell phone protection - Are under 5/24 NO if you… - Don’t spend much in the 3X categories - Find a different card that greater more than 3% cash back equivalent in the areas you spend - Prefer a card with no annual fee - Are over 5/24 GOOD TO KNOW… 1. You Can Pool / Combine Points With Other Chase Cards The Chase Ink Business Preferred credit card earns Ultimate Rewards (UR) points. You can pool the points together with other Chase cards (personal or business) that also earn UR points. Cards that can pool points include: - Chase Freedom Unlimited - Chase Freedom Flex - Chase Sapphire Preferred - Chase Sapphire Reserve - Chase Ink Business Preferred - Chase Ink Business Unlimited - Chase Ink Business Cash (still earns Ultimate Rewards points) 2. 5/24 Rule You must be below 5/24 to get this card, but…it will not increase your 5/24 count if you get approved Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #businesscredit #chaseinkpreferred
Mark Reese // Credit & Finance

Never miss a video from Mark Reese // Credit & Finance

Subscribe to get notified when new content drops.