Archie Conway, WalletHub Financial Analyst
@ArchieConway
No, the Chase Ink Preferred card doesn’t have an 80k points bonus anymore. However, Chase Ink Preferred offers new cardholders a more substantial sign-up bonus of 100,000 points for spending $8,000 in the first 3 months.
The Chase Ink Preferred bonus of 100,000 points is worth more when redeemed for travel purchases through the Chase Ultimate Rewards portal. Otherwise, your points value will be lower for cash back or gift cards. You can also transfer rewards to participating travel loyalty programs at a 1:1 ratio. In addition to the initial bonus, you also earn 1 - 3 points per $1 on purchases.
The Chase Ink Preferred card also offers a referral bonus. You can view more details on how referral bonuses work and other eligible Chase Ink cards that are part of the program on Chase’s dedicated web page.
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