You can get a Chase Ink referral bonus by inviting other business owners to apply for the Ink Business Preferred credit card. If someone you refer is approved, you’ll receive 20,000 bonus points, worth $200 cash back or $250 toward travel booked through Chase Ultimate Rewards. You’re eligible for five referral bonuses (100,000 points total) each calendar year. So, the Chase Ink referral bonus makes for a nice addition to Ink Preferred’s already high initial bonus: 100,000 points if you spend at least $5,000 in the first three months from account opening.
To invite people to apply for Ink Preferred, you must register online with Chase’s Refer-A-Business Program to receive a special link. The Chase Ink Preferred referral bonus is the only referral bonus available from a Chase business credit card right now. The Ink Business Cash and Ink Business Unlimited cards are not currently part of the referral program.
How to get a Chase Ink Preferred referral bonus:
1. Register for the Refer-a-Business program
You can register online from the Refer-A-Business page or through the Chase mobile app. Online, enter your name, zip code and last 4 digits of your Ink Business Preferred card number. Then, click “Get Started.” You should see your referral link and a list of options for sharing the link. From the mobile app, log in with your Chase online username and password. You should see the “Refer friends” option. The next page will include the referral link and your sharing options.
2. Share your referral link
Once you click the “Copy Link” button, you can send your link through text, e-mail or social media. You can always copy the referral link and e-mail it on your own. If you have a Facebook or Twitter account, you can post a general invitation link, too.
3. Wait for your referrals to be approved
The application deadline is set for later than the last day you can refer to allow the individual time to consider the offer. When a referral is approved for the Ink Business Preferred card using your referral link, you’ll receive 20,000 bonus points. If they are denied, you won’t receive the bonus. Rejected applications do not count against your five annual referrals limit.
4. Collect and redeem your bonus points
Your bonus points will post to your Chase Ultimate Rewards account within two months of your referral’s application being approved. Because of privacy concerns, Chase will not disclose information on the application status(es) of any referral(s).
Points do not expire as long as your account stays open. You can only refer people for the Chase card you own. If you refer them for the Ink Preferred Business card and they apply for another Chase card, you won’t receive a bonus.