Source: The Points Guy
Summary
The Ink Business Preferred Credit Card offers 5 points per dollar on Lyft purchases through 2027 and 3 points on shipping, advertising, internet, and travel. It has a $95 annual fee and no foreign transaction fees. Cardholders get travel protections, DashPass membership, and the ability to transfer points to partners like United and Hyatt. The card has a high spending threshold for bonus offers and a reduced transfer ratio to Hyatt starting in October. It is recommended for businesses that spend on eligible categories and want travel benefits.
Our Reading
The escape is carefully planned.
Business expenses are tracked. Points are earned. Travel protections are activated. DashPass is claimed. Hyatt transfers are scheduled. Rewards are redeemed. The card is used for shipping, travel, and advertising. The annual fee is justified. The journey is structured.
There’s a hidden gem in the fine print.
Author: Evan Null
Card Overview
The Ink Business Preferred Credit Card is a business-focused credit card that offers a range of benefits for small businesses. It has a $95 annual fee and provides 5 points per dollar on Lyft purchases through September 30, 2027, and 3 points on shipping, advertising, internet, and travel expenses. The card also offers no foreign transaction fees and access to travel protections such as rental car coverage and baggage delay insurance.
Key Features
The card provides 3 points per dollar on the first $150,000 in combined purchases in specific categories each year. It allows cardholders to transfer points to partners like United MileagePlus and Hyatt. The card also includes a complimentary DashPass membership for 12 months and offers additional benefits such as travel insurance and roadside assistance.
Benefits and Protections
The Ink Business Preferred Credit Card offers a variety of travel and purchase protections. These include coverage for rental car damage, baggage delays, and cell phone theft. It also provides extended warranty protection, lost luggage reimbursement, and travel accident insurance. The card includes access to Chase Sapphire Lounges and other travel-related benefits.
Redemption Options
<p.Cardholders can redeem Chase Ultimate Rewards points through various methods, including transferring to partner programs like United and Hyatt. The points can also be used for travel through the Chase Travel portal, cash back, or gift cards. However, the redemption value varies, with some options offering as little as 0.8 cents per point.
Considerations
The card has a $95 annual fee and a high spending threshold for the welcome bonus. It also has a reduced transfer ratio to Hyatt starting in October. The card does not offer airport lounge access or elite status benefits. It is recommended for businesses that spend on eligible categories and want to maximize their rewards through point transfers and travel protections.
