Chase has recently rolled out a limited-time offer for its Ink Preferred credit card, featuring a sign-up bonus of 120,000 Ultimate Rewards points. This is a significant upgrade from previous bonuses.
To qualify for the 120,000-point bonus, new cardholders must spend $8,000 on purchases within the first three months of opening their account. While the spending requirement may seem steep compared to the personal Chase Saphire cards, the substantial bonus offers considerable value. When redeemed through the Chase Ultimate Rewards portal, these 120,000 points are worth $1,500 towards travel. Alternatively, cardholders can transfer points to Chase’s airline and hotel partners, often yielding even greater value.
The Ink Preferred card already stands out for its robust earning structure. It offers 3x points on travel and select business categories, including shipping, advertising purchases made with social media sites and search engines, internet, cable, and phone services, on the first $150,000 spent annually. All other purchases earn 1x points.
This new sign-up bonus enhances the card’s appeal, especially for small business owners who can meet the spending threshold. Coupled with the flexibility and potential value of Ultimate Rewards points, the Chase Ink Preferred credit card’s 120,000-point bonus is a compelling option for those looking to leverage their business expenses for substantial rewards.