Record High 100k Points Offer | Chase Ink Business Preferred | Summary and Q&A

TL;DR

The Chase Inc Business Preferred Card is offering the highest welcome bonus offer ever, with a reduced spending requirement and increased points earning potential.

Key Insights

• 😥 The Chase Inc Business Preferred Card is currently offering the highest welcome bonus offer ever, making it a compelling option for cardholders looking to earn a significant number of reward points.
• 💳 Business credit cards are not necessarily harder to get approved for, and there are guides available to help navigate the process and increase approval odds.
• 👶 Multiple reports suggest that the 524 rule, which restricts approvals for individuals with five or more new credit cards in the past 24 months, may not apply to the Chase Inc Business Preferred Card, opening up new possibilities for applicants.
• 👨‍💼 Owning multiple businesses allows for the opportunity to apply for multiple business credit cards, providing more rewards and better expense management.
• 🧡 The Chase Inc Business Preferred Card offers a range of benefits, from travel perks to purchase protection, making it a valuable tool for business owners.
• 😥 Paired with other Chase cards, the Ultimate Rewards portal can offer higher redemption rates, enhancing the value of the points earned with the Chase Inc Business Preferred Card.
• 👀 Downgrading or canceling the card after a certain period may be an option for cardholders looking to avoid the annual fee while retaining some benefits.

Transcript

all right so for the first time ever the chase Inc business Preferred Card is offering the highest welcome bonus offer in the history of offers now this offer here got better in two ways first they reduced the 15K minimum spent to eight thousand dollars and the points also that you can earn went up significantly to give you a quick breakdown all th... Read More

Questions & Answers

Q: How much do I have to spend to earn the welcome bonus for the Chase Inc Business Preferred Card?

With the reduced minimum spend requirement, cardholders only need to spend $8,000 within three months to earn the welcome bonus of 100,000 ultimate reward points.

Q: Are business credit cards harder to get approved for compared to personal credit cards?

There is a common misconception that business credit cards are more difficult to get approved for, but by following a step-by-step guide and utilizing available strategies, even newcomers can increase their odds of approval.

Q: Can I apply for multiple business credit cards for different businesses that I own?

Yes, one advantage of business credit cards is that you can apply for multiple cards for different businesses. As long as each business has a unique employer identification number (Ein), you can qualify for separate cards within a 24-month period.

Q: How does the Chase Inc Business Preferred Card compare to other business credit cards?

The Chase Inc Business Preferred Card offers a competitive package, including travel-related benefits, cell phone protection, primary rental car insurance, extended warranties, purchase protection, and more. It also provides access to the Ultimate Rewards portal, allowing for potentially higher redemption values when paired with other Chase cards.

Summary & Key Takeaways

• The Chase Inc Business Preferred Card has reduced the minimum spending requirement to $8,000 and increased the points earning potential, allowing cardholders to earn an extra 100,000 ultimate reward points by spending $266 per month.

• Business credit cards are often perceived as harder to get approved for, but there are strategies and tips available to increase your chances of approval.

• Multiple reports suggest that people are getting approved for this card even if they would typically be disqualified by the infamous 524 rule, and some are getting approved instantly with a credit score below 700.