Chase Ink Business Preferred: 100K Points at the Lowest Spend in Years
Business cards don't usually get the spotlight, but this one deserves it: the Chase Ink Business Preferred is offering 100,000 points after $8,000 of spend in the first three months - up from the old 90,000, and with the lowest spend requirement the card has had since March 2020. For a card that normally asks for around $15,000, that's a meaningful drop. Here's why this is one of the best offers on the board right now, and who should actually go for it.
Why the low spend bar is the real story
The jump from 90,000 to 100,000 points is nice, but the spend requirement is what makes this offer special. Dropping from about $15,000 to $8,000 puts a six-figure bonus within reach of far more people - you don't need a large business to hit $8,000 across three months. Combined with the fact that Ink Business Preferred earns valuable, flexible Chase Ultimate Rewards points, this is a genuinely strong value.
"But I don't have a business"
More people qualify for a business card than realize it. If you do any kind of gig work, freelancing, consulting, reselling, tutoring, or run a side hustle, you may be eligible to apply as a sole proprietor using your own name and Social Security number. Be honest and accurate on the application - don't invent a business - but a legitimate side income often counts. If you truly have no business activity, this card isn't for you, and that's fine.
What 100,000 Ultimate Rewards points can do
Ultimate Rewards is one of the most valuable currencies in the hobby because it transfers to strong partners - World of Hyatt (the crown jewel for hotels), United, Air Canada, and more. Redeemed through transfer partners, 100,000 points can cover several nights at nice hotels or multiple flights. Note that Ink points pool with your personal Chase Ultimate Rewards on cards like the Sapphire Preferred or Reserve, which unlocks those transfer partners.
The catches to know
Two things. First, the card has a $95 annual fee - modest, and easily justified by the bonus, but real. Second, Chase's 5/24 rule: if you've opened five or more personal cards in the past 24 months with any bank, you'll likely be denied. Business cards from most issuers don't add to your 5/24 count once approved, which is part of why points enthusiasts like starting with business cards - but you still need to be under 5/24 to get approved.
What this means for you
If you have any legitimate business or side-hustle activity, are under 5/24, and can spend $8,000 in three months organically, this is one of the easiest big bonuses available right now - 100,000 flexible points for a very reachable spend. If you don't have business activity or you're over 5/24, admire it and move on.
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