There is now an offer that only requires $8k in spend.
The Offer
Chase launched a new public offer on the INK Preferred business card:
- Get 100,000 Ultimate Rewards bonus points when you spend $15,000 in the first three months after account opening.
Card Details
- $95 annual fee (not waived the first year)
- Chase 5/24 rule applies to this card
- No foreign transaction fees
- Points Are Worth 25% More In Travel Rewards (won’t matter if you have CSR which gets 50%)
- Primary rental car insurance
- Read our full review
Our Verdict
We reported about a memo from Chase with this offer as targeted; now it’s the public offer. The previous bonus offer was 80,000 points with $5,000 spend, and some will prefer the lower spend. The 80k offer is still available via referral link, and if you have a friend/family to refer you they’ll be getting 20,000 points too on the deal, so a lot of people will prefer that.
You can share/find referrals for the 80k/$5k offer in this dedicated post. Please, no sharing or requesting in the comments below.
Hat tip to reader M. and Triv
View Comments (100)
Am I understanding this bonus correctly? 90,000 bonus points after $8k/3 months, 1 pt = $0.01 so potentially a $900 statement credit.
oops, I posted this to the wrong page. Ignore
Any idea if you can get this bonus if you've gotten another Chase Ink bonus (was Chase Ink Cash card) in the past 4-5 months (applied 8/2/23, got bonus 10/13/23)?
I got the Cash version in September and just finished getting the Preferred bonus last month.
I was 6/24 in Aug and 3 accts became 2 yrs old that month. So official I'm 3/24 today?
Hey Chuck/Will, you may want to consider updating this page with a link to the 8k spend offer. You link to this page from your best cc offers page, but this page doesnt mention the lower 8k offer you discuss here https://www.doctorofcredit.com/chase-ink-preferred-100000-points-offer-with-lower-8000-spend-requirement/
Fixed, thank you.
Can I get more than 1 of these cards at a given time? Last year I got the SUB as Sole Prop. I have another LLC and corp, can I get one for each of them?
Can you downgrade after 1 yr?
Sure
I just signed up and got 100K for $8K spend within 3 months.
Applied and got approved for the 100k/$8k offer, but it came with hits to all 3 credit bureaus. Is this common with Chase? I have 10 Chase cards now (5 biz, 5 personal) and don't remember this being the case before.
Depends on State you live in. I know in TX or NV they only pull EX. In IL they pull all 3 bureaus
The linked offer now only requires $8k spend
Same from my referral link P1 to P2... 40K + 100K for $8K spend is excellent
Dope. Just referred P2.
Applied on July 6th- got denied within a day for "Too many accounts or too much available credit". To note, I have 1 biz account with Chase (12K) and I stipulated on my application that business was 5K revenue annually. So they considered my 1 card was enough. This is the first time I'm getting this rejection. I'm at 4/24. Have a pretty long history with personal chase (6 cards). No Chase Business Checking or Savings Account.
Try to call them and they might suggest to reduce / move credit limit from one card to the new one in order to open it.