No, the Chase Ink Preferred 120k bonus offer is no longer available. The card currently offers 100,000 points for spending $15,000 in the first 3 months. Earning this bonus will offset the card’s $95 annual fee for years.
The spending requirement is easy to meet for large businesses, but could potentially be harder for sole proprietors with very small businesses.
Here’s what the Chase Ink Preferred currently offers:
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®
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
If you’re looking for a business credit card that offers an initial bonus of 120k+, you should consider getting the IHG Premier Business, instead. This card offers 140,000 points for spending $3,000 in the first 3 months. Plus, you can earn 3 - 10 points per $1 spent on purchases.
To get the Chase Ink Preferred Credit Card sign-up bonus, new cardholders must spend $15,000 within the first 3 months of opening an account. The Credit Card bonus is 100,000 points.
Keep in mind, however, that you will not be eligible for this introductory bonus if you currently have the Chase Ink Preferred Credit Card, regardless of whether you previously received the bonus. You also may not be eligible if you recently earned the bonus.… read full answer
In addition to the sign-up bonus, the Chase Ink Preferred Credit Card offers 1 - 3 points per $1 on purchases. Its annual fee is $95, and you need good credit to get approved for the card.
To get a Chase Ink bonus, you must spend at least $6,000 within 3 months of opening an account. Plus, you must not have earned a sign-up bonus on that same Ink card in the past 24 months. The Chase Ink account must also be in good standing for the bonus to be paid out.… read full answer
Keep in mind that Chase Ink bonuses will post to a cardholder’s account within 6 to 8 weeks after meeting the card’s initial spending requirements.
Take note that you can earn all three Chase Ink bonuses if you get approved for all three Chase Ink cards. However, you can’t earn a bonus on the same Chase Ink card twice, unless it’s been 24 months since you earned a bonus on that card.
Other Chase Ink Bonuses
Other Chase Ink bonuses include ongoing bonus rewards-earning rates for purchases at restaurants, gas stations and office supply stores. Bonus rewards are also available for eligible travel purchases, shipping expenses, select advertising purchases, and cable, internet and phone services. There are also Chase Ink refer-a-friend bonus offers available.
The best Chase credit card signup bonus is Chase Sapphire Preferred® Card’s 60,000 bonus points for spending $4,000 in the first 3 months. Those bonus points are worth most when redeemed for travel through Chase Ultimate Rewards. The initial bonus alone pays for Chase Sapphire Preferred’s $95 annual fee for more than 10 years.
The Chase Sapphire Preferred card offers 60,000 bonus points for spending $4,000 in the first 3 months – worth $1,000 in travel through Chase Ultimate Rewards (25% extra value). The card has a $95 annual fee. It requires good credit or better (a credit score of 700+).… read full answer
The Chase Sapphire Reserve card offers 60,000 bonus points for spending $4,000 in the first 3 months – worth $900 in travel through Chase Ultimate Rewards (50% extra value). The card’s annual fee is $550. It requires excellent credit (a credit score of 750+).
The Chase Freedom Flex card offers $200 for spending $500 in the first 3 months. Plus, you can earn 5% cash back on up to $1,500 spent per quarter in bonus categories (which change every quarter and require activation), 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1% back on all other purchases. The card comes with a $0 annual fee. It requires good credit or better (a credit score of 700+).
The Chase Ink Preferred card offers 100,000 points for spending $15,000 in the first 3 months - worth $1,250 in travel through Chase Ultimate Rewards (25% extra value). The card comes with a $95 annual fee. It requires good credit or better (a credit score of 700+).
As you can see, many of these cards have annual fees. But by taking advantage of their initial bonuses and extra benefits, you should be able to more than make up for that.
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