The Ink Business Preferred is Chase's best overall business travel card. The 100,000-point welcome bonus (worth $1,000–$2,000+ in travel via partners), 3x on the most common business spending categories, and 14 transfer partners at 1:1 make it the anchor of most Chase business rewards setups. The $95 annual fee is easily justified by the welcome bonus alone in year one, and the ongoing 3x on travel and advertising keeps delivering year after year.
Earning Structure
| Category | Points | Annual Cap |
|---|---|---|
| Travel (all forms) | 3x | $150,000 combined across all 3x categories |
| Shipping Purchases | 3x | Same $150K combined cap |
| Internet, Cable, Phone Services | 3x | Same $150K combined cap |
| Social Media + Search Engine Advertising | 3x | Same $150K combined cap |
| Lyft Rides | 5x | Through September 30, 2027 |
| All Other Purchases | 1x | Unlimited |
The 3x on "travel" on the Ink Preferred is broader than most travel cards: it includes all flights, hotels, rental cars, taxis, rideshares, trains, buses, parking, and more — not just specific portals or branded bookings. The advertising category (social media and search engine ads) is particularly valuable for businesses running Facebook, Google, Instagram, or LinkedIn campaigns.
100,000 Point Welcome Bonus — $1,000+ in Travel
100,000 Ultimate Rewards points after $8,000 in the first 3 months from account opening. At 1¢/pt cash value, that's $1,000. But via Points Boost when booking select flights/hotels through Chase Travel, or via transfer partners, these points are typically worth $1,500–$2,000+ in travel. At $95/year, the bonus alone covers 10+ years of annual fees at base redemption value.
Cell Phone Protection — $1,000/Claim
Pay your monthly cell phone bill with the Ink Business Preferred and receive coverage against theft or damage up to $1,000 per claim, up to 3 claims per year, with a $100 deductible. For businesses with multiple employee phones, this benefit can easily be worth hundreds of dollars annually. No enrollment required — coverage is automatic when you pay the bill with the card.
14 Transfer Partners at 1:1
Ultimate Rewards transfers to 14 airline and hotel partners at 1:1 ratio. Key partners: United MileagePlus, Hyatt World of Hyatt, Southwest Rapid Rewards, Air Canada Aeroplan, British Airways Avios, Singapore Airlines KrisFlyer, Emirates Skywards, Virgin Atlantic Flying Club, Air France-KLM Flying Blue, Marriott Bonvoy, IHG One Rewards. Points Boost on Chase Travel provides up to 2¢/pt on select flights and hotels when booking through the portal.
Pros & Cons
What We Like
- 100,000-point welcome bonus — one of the best available on any business card
- 3x on travel, shipping, telecom, and advertising — covers core business costs
- 14 transfer partners at 1:1 — most valuable UR redemption pathway
- $1,000/claim cell phone protection — saves significant money for phone-heavy businesses
- No foreign transaction fee — use internationally without surcharge
- $95/yr — low fee relative to the value delivered
What to Watch Out For
- $8,000 spending requirement for bonus — may take full 3 months for smaller businesses
- $150,000 combined cap on 3x categories — very high spending businesses may hit it
- 1x on purchases outside bonus categories
- Chase 5/24 rule applies
- Points Boost value varies — not all travel earns maximum rates
Ink Business Preferred® Credit Card
3x travel/shipping/telecom/advertising · 100K bonus · $1K cell phone protection · 14 partners · $95/yr
Apply Now →Bottom Line
The Ink Business Preferred is the best overall Chase business card for most small businesses. The 100,000-point welcome bonus is outstanding, the 3x category coverage includes the most common business expenses, and the 14 transfer partners unlock exceptional travel redemption value. The $1,000 cell phone protection adds practical insurance value. At $95/year, this card is extremely well-priced relative to what it delivers. It's the natural anchor for a Chase business card stack alongside no-fee Ink Cash and Ink Unlimited cards.