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 Sapphire Preferred’s 80,000 points for spending $4,000 in the first 3 months. Those bonus points are worth $900 in travel booked through Chase Ultimate Rewards. That’s the equivalent of nearly 23% back, making it Chase’s most efficient bonus. It pays for the Preferred card’s $95 annual fee for more than 7 years.… read full answer

If you’re a business owner, you’ll get the most signup points from the Ink Business Preferred Card. It offers a bonus of 100,000 points, worth $1,250 in Chase travel, for spending $15,000 in the first 3 months. That pays for the $95 annual fee for more than 10 years.

Another big Chase credit card signup bonus is the IHG Rewards Club Premier card’s 125,000 points for spending $3,000 in the first 3 months.

Best Chase credit card signup bonus offers:

• Ink Business Preferred® Credit Card: 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.
• IHG® Rewards Club Premier Credit Card: 125,000 points for spending $3,000 in the first 3 months. $89 annual fee. Requires good credit.
• Chase Sapphire Preferred® Card: 80,000 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.
• Chase Sapphire Reserve®: 60,000 points for spending $4,000 in the first 3 months – worth $900 in travel through Chase Ultimate Rewards (50% extra value). $550 annual fee. Requires excellent credit.
• IHG® Rewards Club Traveler Credit Card: 60,000 points for spending $2,000 in the first 3 months. $0 annual fee. Requires good credit.
• Chase Freedom Flex℠: $200 cash back when you spend $500 in the first 3 months. 5% cash back on travel booked through Chase, 3% on restaurant and drugstore purchases and 1% back on everything else. $0 annual fee. Requires good credit.
• Chase Freedom Unlimited®: $200 for spending $500 in the first 3 months. 5% back on travel booked through Chase, 3% on restaurant and drugstore purchases and 1.5% back on everything else. $0 annual fee. Requires good credit.

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.