The Chase Ink Business Preferred Credit Card is intended primarily for small and medium sized businesses. It offer great rewards, such as 80,000 Chase Ultimate Rewards points when you spend $5,000 in the first 3 months of your card membership. They also provide you with 1 points per dollar spent on most items, but 3 bonus points per dollar spent on online advertising up to $150,000 annually. (An earlier version of this card, called the Ink Bold ® card, offered 5 bonus points per dollar spent at office supply stores and on cable and phone services and 1 bonus point per dollar spent at hotels and gas stations, but those benefits are no longer offered). It is easy to accumulate lots of points very quickly with the card. The points have a lot of value, including cash back value and travel value if you book directly through Chase. The best use of Ultimate Rewards points is to transfer them to a host of travel partners on a 1:1 basis. These partners include United and British Airways, and Hyatt and Marriott.
The best news about the Chase Ink cards is that they are not exclusively for businesses. Rather, applicants who perform a business function on the side of their everyday activities (such as consulting, etc.) are able to get a card simply by listing themselves as a sole proprietor and listing their Social Security Number instead of Employee Identification Number in the online Chase application.
Business card generally should be used to segregate business expenditures and not for person expenditures. Personal cards provide much greater levels of purchase protection and better insurance protection on rental cars.
See this article for an opportunity to use a Chase Ink card to benefit from a points bonanza.
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