Chase Ink Business Preferred, one of our top recommended cards, has an awesome 100,000 points after a $15,000 minimum spend in 3 months!
The previous long-standing offer was 80,000 points after $5,000 minimum spend in 3 months.
The current offer is more difficult to achieve, as you have to spend more to earn more points.
Because Chase Ink Business Preferred earns ultimate rewards points, you can transfer its points to Southwest instantly at a 1:1 ratio to use for booking free flights.
However, these points DO NOT qualify for the Southwest Companion Pass.
Only credit card points earned on the Southwest cards qualify for the pass.
To review or apply for any of the cards in this post, please use the links within this post or the CREDIT CARDS links in the main menu above (shown in the image below). This allows us to earn a commission—at no cost to you—to support our small business. Thanks so much for taking that step!
Why We Recommend Chase Ink Business Preferred
Here at Families Fly Free, we have a very specific process to help our readers learn to fly free in the simplest and quickest way possible and that includes the Chase Ink Business Preferred credit card.
A key part of that process is earning the Southwest Airlines Companion Pass, so 1 person can always fly free with you on all Southwest flights, and then, of course, flying Southwest Airlines anywhere you want to go within the U.S. and the Caribbean using the 125,000 points you earned to secure the pass.
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The Chase Ultimate Rewards-earning travel credit cards are the perfect complement to this process and for flyers of Southwest.
- Chase Ultimate Rewards points transfer instantly at a 1:1 ratio to Southwest to book free flights
- Each Chase Ultimate Reward point is essentially worth DOUBLE if you hold the Southwest Companion Pass, because for every Chase point you earn and use to book a flight on Southwest, you can bring someone with you FREE
- These Chase cards allow you to earn more than 1 point per $1 on many expenditures, including dining and travel (Most Southwest cards only allow you to earn 1 point per $1 unless you’re spending directly with Southwest)
- They have HIGH bonuses after applying and meeting the minimum spend
- Most have low annual fees
Where Chase Ink Business Preferred Fits in the Plan
I first recommend you get 2 Southwest cards (either 1 personal and 1 business or 2 business cards) to earn all, or close to all, of the 125,000 qualifying points you need to get a Southwest Companion Pass.
Next, I recommend applying for Chase Sapphire Preferred, my FAVORITE travel credit card.
It gives you:
- 80,000 points after a $4,000 minimum spend
- 3X points on dining
- 2X points on travel
- Low $95 annual fee
This is A LOT of points for a low annual fee that you can use to continue to fly free on Southwest.
Then, I recommend applying for Chase Ink Business Preferred and scoring its AMAZING 100,000-point bonus to keep your Southwest point coffers full, though you could easily reverse Chase Sapphire Preferred and Chase Ink Business Preferred, since it has the higher bonus IF you can comfortably meet the minimum spend.
About Chase Ink Business Preferred
Offer: 100,000 points after a $15,000 minimum spend in 3 months
Offer end date: None
Annual Fee: $95
- Earn 3 points per $1 on the below expenses up to $150,000 each account anniversary
- Travel (this is the same benefit as Chase Sapphire Reserve, but keeps you from having to pay its high $550 annual fee)
- Internet, cable and phone
- Advertising on social media sites and search engines
- Earn 1 point per $1 on all other purchases with no limit
- No foreign transaction fees
- Points transfer at a 1:1 ratio to the following airlines:
- Aer Lingus
- British Airways
- Air France
- Virgin Atlantic
- Points transfer at a 1:1 ratio to the following hotel brands:
- Lots of great insurance coverage when you use your card like:
- Up to $600 cell phone protection
- Up to $10,000 for new purchases after first 120 days
- Primary car rental collision insurance
- Trip cancellation/interruption insurance
Chase Ink Business Preferred gives you yet MORE points that can be transferred to Southwest or used to book other travel in the Chase Travel Portal.
Getting Approved for a Small Business Card
Nearly anyone can qualify for a small business card so don’t despair if you don’t have an “official” business!
Download our FREE “Ultimate Guide to Getting a Small Business Card” below and keep reading :)…
Any sort of side income can be used to earn a business card, even if it’s just as a sole proprietor using your social security number.
This can be activities like…
- selling used furniture on Facebook Marketplace or books on eBay
- walking dogs
- selling timeshare points
- selling Avon
- owning rental property, etc.
Could you start doing any of these things if you aren’t already?
All that is required is the “intention” to earn a profit with your small business to be eligible for a small business card.
Additionally, you can operate your business using your own name and social security number, so there’s no need to have an “official” LLC or corporation.
I do recommend applying for a FREE EIN number from the IRS, which provides the information that Chase usually wants to see if you’re applying for a business card.
This includes your name and business address together on an official document, even if it’s just your name and your personal address!
Often you can do this online and email or fax them a PDF or print-out with the information.
KEY TIP for Maximizing Chase Ink Business Preferred!
One thing many people don’t realize about this card is that you can hold a Chase Ink Business Preferred card — and EARN THE BONUS — for MULTIPLE BUSINESSES.
So not only can you earn bonus points once, you could potentially earn that amount for EACH business you have.
Do you hold any Chase Ultimate Rewards earning cards? Are you considering Chase Ink Business Preferred? Let us know!
Thanks again for using the links within this post or the CREDIT CARDS links in the main menu of GotoTravelGal.com/blog to apply for this or any other cards.