You cannot get the Chase Ink Preferred 120k bonus offer, as it is no longer available. However, this card’s current bonus is far from shabby. Cardholders can earn a bonus of 100,000 points for spending $15,000 in the first 3 months.
The spending requirement is very doable for large businesses but could potentially be harder for sole proprietors with very small businesses. Earning the bonus will offset the card’s $95 annual fee for years. So, it’s well worth your while to get Chase Ink Preferred if you have the spending capability to earn the bonus. Plus, all points earned on the card are worth 25% more when spent toward travel through Chase Ultimate Rewards. That means the bonus could net you several free flights or hotel nights.
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.
Enter your last name, zip code and the last 4 digits of your card.
Click “Get Started.” Chase will give you a referral link to email or post on social media.
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.
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.
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