Chase Ink Business Preferred
The welcome offer, every credit and its catch, what it earns, the insurance, and whether the $95 fee pays for itself.
Points Atelier may earn from partner links. Ratings never depend on it.
Business travel cards · Chase
Welcome offer
100,000 points
Annual fee
$95
100,000 points after $8,000 in purchases in the first 3 months. The bonus may not be available to anyone who has had this card before, and Chase may also consider factors about the business.
Employee cards: No feeForeign transaction fees: NoneRewards: Chase Ultimate Rewards
The Atelier Take
The sensible default for a business that spends on advertising, shipping, phones and travel, and the card that makes a no-fee Ink’s points transferable.
Who it suits
Businesses with steady spending on online advertising, shipping, internet and phone, and travel. It also suits anyone holding an Ink Business Cash or Unlimited who wants those points to transfer to airlines and hotels.
Who should skip it
Businesses whose spending is mostly dining, office supplies or general purchases, which earn 1x here. Anyone who wants lounge access or trip delay cover will not find it on this card.
Every credit, and the catch
No statement credits to speak of; the extras are DoorDash perks with an end date.
DashPass and DoorDash promo
$120 DashPass + $10 a month
The promo is for grocery and retail DoorDash orders, not restaurants, and an unused month is lost.
What it earns
Rewards: Chase Ultimate Rewards points, which transfer to 10 airline and 3 hotel programs including United and World of Hyatt; since October 1, 2026, transfers to Hyatt are at 4:3, and Chase shows the rate for each partner inside Ultimate Rewards.
3x
Shipping, advertising on social media and search engines, internet, cable and phone, and travel
On the first $150,000 combined each account anniversary year; 1x after
5x
Lyft rides
Through September 30, 2027
1x
Everything else
Including dining, gas and office supplies
TPG values Ultimate Rewards points at 2.05¢ each, when transferred to partners, so 3x returns about 6.2¢ per dollar. Points Boost can make points worth up to 1.5¢ each on selected flights and hotels booked through Chase Travel. Points from an Ink Business Cash or Ink Business Unlimited can be moved to this card and transferred too.
Transfer partners
Airlines
Aer Lingus, Air Canada Aeroplan, British Airways, Air France-KLM Flying Blue, Iberia, JetBlue, Singapore Airlines KrisFlyer, Southwest, United MileagePlus and Virgin Atlantic.
Hotels
IHG One Rewards, Marriott Bonvoy and World of Hyatt. Hyatt transfers are at 4:3 since October 1, 2026: 1,000 points become 750 Hyatt points.
Will the $95 fee pay off?
Enter what would go on this card. The result values points at TPG’s valuation, adds the credits that would actually be used and, in year one, the welcome offer, then sets the total against a no-fee card that pays 2% back on everything.
1 · Spending on this card
Example figures are filled in; replace them with real ones.
AdvertisingSocial media and search engines
3x
Shipping
3x
Internet, cable and phone
3x
Office supplies
1x
Software and cloud services
1x
Flights
3x
Hotels
3x
Dining
1x
Gas
1x
Everything else
1x
2 · Credits that would be used
Tick only what would be used anyway, at full value.
3 · Assumptions
The result
Not counted: cell phone protection, the travel insurance, 5x on Lyft (through September 30, 2027) and Points Boost, which can make points worth up to 1.5¢ each on selected Chase Travel bookings.
Insurance and protections
Chase lists these on the card’s page; the Guide to Benefits has the full terms. Pay for the trip, phone bill or purchase with the card to be covered.
Cell phone protection
Up to $1,000 per claim against theft or damage for phones on a bill paid with the card, after a $100 deductible, up to 3 claims in 12 months.
Auto rental collision damage
Up to $60,000 for theft and collision damage on most rentals with an MSRP of $125,000 or less, when the rental company’s cover is declined. Primary when renting for business.
Trip cancellation and interruption
Up to $5,000 per traveler and $10,000 per trip for prepaid, non-refundable travel canceled or cut short by illness, severe weather and other covered reasons.
Purchase protection
Damage or theft within 120 days of purchase, up to $10,000 per item.
Extended warranty
Adds one year to U.S. manufacturer warranties of three years or less.
Roadside assistance
A dispatch service; the call-out fee is billed to the card.
Pros and cons
Pros
- 3x on advertising, shipping, internet and phone, and travel, up to $150,000 a year
- Points transfer to United, Hyatt and other partners
- Cell phone protection and primary rental cover on business rentals
- No fee for employee cards and no foreign transaction fees
Cons
- 1x on dining, gas and office supplies
- World of Hyatt transfers are now 4:3, not 1:1
- No lounge access, trip delay or baggage cover listed
- The welcome offer needs $8,000 of spending in 3 months
Card terms change often and some offers are personalized; the issuer’s page is the final word.