The Chase Ink Business Preferred, one of my top recommended cards for those looking to travel free by using Chase Ultimate Rewards® points, allows you to bonus_miles_full.
Thanks for using my affiliate links within this post to apply for any travel cards to help support my small business. I greatly appreciate it!
The current offer does require a large minimum spend, but if you have a small business, or any type of side income, and the ability to meet that minimum spend, this can be an easy way for you to earn a big chunk of Chase Ultimate Rewards® points!
You can transfer Chase Ultimate Rewards® points to many different travel partners, including Southwest, Hyatt, Marriott and United at a 1:1 ratio to book free flights and hotel stays.
When transferred to Southwest, you will get 1.5-2 cents of value out of your points, and when transferred to Hyatt, my family has personally gotten points values as high as 13 cents per point!
When it comes to Southwest, however, please know that these points DO NOT qualify for the Southwest Companion Pass. Only credit card points earned on the Southwest cards qualify for the pass.
Why I Recommend Chase Ink Business Preferred
Here at Secrets of a Travel Journalist, I teach a very specific process to help our readers learn to fly free in the simplest and quickest way possible and that includes accumulating and using Chase Ultimate Rewards® points. The Chase Ink Business Preferred card can be a great way to earn lots of Chase Ultimate Rewards® points.
A key part of my process is to always hold a 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 135,000 points you earned to secure the pass.
The Chase Ultimate Rewards-earning travel credit cards are the perfect complement to this process and for flyers of Southwest.
Here’s why:
- Chase Ultimate Rewards® points transfer instantly at a 1:1 ratio to Southwest to book free flights
- Each Chase Ultimate Rewards® 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
- Chase Ultimate Rewards® points are GREAT to transfer to Hyatt and other hotel chains to ALSO get free hotel stays
- Chase Ultimate Rewards®-earning cards allow you to earn more than 1 point per $1 on many expenditures, including dining and travel whereas most airline or hotel cards nly allow you to earn 1 point per $1 unless you’re spending directly with that airline or hotel
- These cards have HIGH bonuses after applying and meeting the minimum spend
- Most have low annual fees
About the Chase Ink Business Preferred
Offer (HIGHEST EVER): bonus_miles_full
Offer end date: None
Annual Fee: annual_fees
Benefits:
- Earn 3 points per $1 on the below expenses up to $150,000 each account anniversary
- Travel (I like to use this card for all of my travel expenses, because it earns a HIGH 3x points on travel AND includes travel insurance coverage)
- Shipping
- 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:
- Southwest
- Aer Lingus
- British Airways
- United
- Emirates
- Air France
- Iberia
- JetBlue
- Singapore
- Virgin Atlantic
- Points transfer at a 1:1 ratio to the following hotel brands:
- Hyatt
- IHG
- Marriott
- 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
This card gives you MORE points that can be transferred to Southwest, used to book other travel in Chase TravelSM or even used to “erase” ANY purchase within 90 days using Chase Pay Yourself Back.
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! 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
- babysitting
- freelancing
- selling timeshare points
- selling Avon
- referring others to join my Secrets of a Travel Journalist Club when you are a member
- owning rental property, etc.
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. If you are declined for a small business card, providing your EIN verification is usually the quickest solution to get approved by calling the Chase Reconsideration Line and providing the needed paperwork.
See my video on how ANYONE can be approved for a small business card…
KEY TIP for Maximizing Chase Ink Business Preferred
One thing many people don’t realize about this card is that you can EARN THE BONUS for MULTIPLE BUSINESSES. You are not limited to one card PER PERSON, but one card PER BUSINESS.
If you need more Chase points to book free flights on Southwest or free hotel stays or even flights to Europe, consider this card for a quick boost of points!
