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The Ink Business Preferred® Credit Card is arguably the best business credit card for travel. While there are many reasons to like the Ink Preferred, these are my five favorite reasons it’s my go-to business credit card. If you want to earn travel rewards and enjoy flexible point redemption options plus a few other perks, keep reading.

Also, you will never pay a foreign transaction fee with the Ink Business Preferred® Credit Card, making it great for international travel. If you currently own the Chase Sapphire Preferred®, you’ll be very familiar with the Ink Preferred. In fact, I call it “the business card version of the Chase Sapphire Preferred.”

Here are 5 reason why I went with the Chase Ink Preferred.

Johnny Jet holding Chase Ink Preferred
Johnny Jet holding Chase Ink Preferred

1. A 25% Travel Redemption Bonus and 1:1 Point Transfers

While I appreciate cash back rewards for their simplicity and having a lower monthly statement, I would much rather redeem my purchase rewards points for award travel. With the Ink Business Preferred® Credit Card, points can be worth at least 1.25 cents more each when redeemed through the Chase Travel℠ portal. They can be redeemed for any type of award travel from plane tickets, hotel rooms, and cruise fares to rental cars and tour excursions.

Your Chase Ultimate Rewards points are only worth one cent each when redeemed for cash statement credits or gift cards.

The 25% redemption bonus is a valuable redemption benefit, but I prefer the 1:1 point transfers instead, as you can transfer points in 1,000-point increments. Here are some of the travel loyalty programs available:

  • Southwest Airlines
  • United
  • Aer Lingus
  • Hyatt
  • Marriott

By transferring your Ultimate Rewards points, you can get more value per point, which is more redemption value than many other credit card rewards programs. If you’re going to travel for business, the Ink Preferred can easily be the most affordable way to get from Point A to Point B without busting your travel budget.

If you want to keep your points for free hotel nights, Hyatt is your best option, though Marriott and IHG aren’t bad options either.

2. An Awesome Sign-Up Bonus

The Ink Business Preferred® Credit Card also happens to have the largest public sign-up bonus for any credit card that earns Chase Ultimate Rewards points.

New Ink Business Preferred® Credit Card cardholders can earn 100k bonus points after spending $8,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠.

Although this spending requirement is relatively high, even for a business credit card, it’s still one of the most valuable bonus offers you’ll see.

3. Earning up to 3x Points on All Travel and Business Purchases

Each year, you’ll earn 3x points per $1 on the first $150,000 in combined spending for these purchases:

All purchases exceeding the $150,000 annual spending cap will earn an unlimited 1x point per $1. As always, your non-bonus spending categories will earn an unlimited 1x point per $1 as well.

Additional employee cards are also free and count towards the purchase rewards too.

4. The Ability to Combine Ultimate Rewards Points

Do you own other Chase credit cards that earn Ultimate Rewards in the Chase Sapphire or Chase Freedom families? If so, you can “pool” your Ultimate Rewards balance between all your different credit cards to earn award travel sooner.

There are several advantages to having a Chase credit card combo to earn more points per $1 on bonus categories:

  • Earn 3 points on travel with the Ink Preferred vs. 2 points per $1 with the Sapphire Preferred
  • Earn 5 points on the Chase Freedom bonus categories instead of 1 point per $1 with an Ink or Sapphire card
  • Pool your Chase Ink Cash and Ink Preferred bonus points for travel rewards

You can transfer your Ultimate Rewards points between accounts in an instant to increase the redemption value of your points.

5. Purchase Protection Benefits

Another reason I like the Chase Ink Preferred is that you can have reassurance when the unexpected happens thanks to purchase and travel protection benefits.

  • Up to $600 reimbursement per damaged or stolen cell phone
  • Primary rental car collision damage waiver coverage
  • 24/7 Roadside assistance
  • Trip cancellation insurance reimburses up to $5,000 in non-refundable travel
  • Extended warranty protection

Cardholders can redeem points for cash back, gift cards, travel, and more (points are worth 25% more when redeemed for travel through Chase Travel℠). Points don’t expire as long as the account is open. Additionally, cardholders get fraud protection and zero liability. Purchase protection covers new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account. 

As a small business owner, every penny counts. Having to pay for damages stemming from a car accident or rearranging your travel plans and paying the difference can erase your profits for an entire month or two. That’s money you were counting on to pay your regular bills.

Although you will hopefully never need to use these additional card benefits, life likes to throw an occasional curveball. If it happens, the Chase Ink Preferred has you covered.


For these five reasons, you should consider trying for the Ink Business Preferred® Credit Card. For $95 a year, you get a credit card that offers the following benefits:

  • Earn bonus points for travel and business purchases
  • Redeem your points for award travel, cash, and gift cards
  • Receive the most valuable sign-up bonus

The Ink Business Preferred is one of the best Chase cards for a reason. Hopefully, the five reasons I decided to go for it have shown you why it is one of the best.

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