How do I get the Chase Ink Preferred 120K bonus?

There are two ways you can get the Chase Ink Preferred 100,000 points bonus; either by spending $15,000 within 3 months of account opening or by referring 5 business owners to the card who all get approved. You’ll receive 20k bonus points for each, for a total of 100k points.

Here’s how to get the Chase Ink Preferred 100k bonus by referring a business:

1. Go to the Chase Ink Preferred Refer-A-Business page.
2. Enter your last name, zip code and the last 4 digits of your card.
3. Click “Get Started.” Chase will give you a referral link to email or post on social media.
4. Wait for fellow business owners to apply and get approved.

You will earn 20k points for each person who uses your link to apply and is approved, up to 5 approvals per year; that’s up to 100k points every single year.

Even if you only get the normal initial bonus of 100,000 points, you can still earn up to 200k points total during your first year as a cardholder when you factor in referrals. This is an amount that will pay for your $95 annual fee for several years.

The best Chase credit card signup bonus is Chase Sapphire Preferred® Card’s 80,000 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 12 years.… read full answer

If you’re a business owner, you’ll get the most signup points from the Ink Business Preferred® Credit Card. It offers a bonus of 100,000 points, worth most in Chase travel, for spending $15,000 in the first 3 months. That pays for the $95 annual fee for 13 years.

Another big Chase credit card signup bonus is the IHG® Rewards Premier Credit Card’s 140,000 points for spending $3,000 in the first 3 months.

Best Chase credit card signup bonus offers:

• Chase Ink Preferred: 100,000 points for spending $15,000 in the first 3 months, worth $1,250 in travel through Chase Ultimate Rewards (25% extra value). $95 annual fee. Requires good credit or better (a credit score of 700+).
• IHG Premier: 140,000 points for spending $3,000 in the first 3 months. Annual fee of $99. Requires good credit or better (a credit score of 700+).
• Chase Sapphire Preferred: 80,000 bonus points for spending $4,000 in the first 3 months – worth $1,000 in travel through Chase Ultimate Rewards (25% extra value). $95 annual fee. Requires good credit or better (a credit score of 700+).
• Chase Sapphire Reserve: 50,000 bonus points for spending $4,000 in the first 3 months – worth $750 in travel through Chase Ultimate Rewards (50% extra value). $550 annual fee. Requires excellent credit (a credit score of 750+).
• Chase Freedom Flex: $200 for spending $500 in the first 3 months. 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. $0 annual fee. 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.