Level Up Your Rewards: Applying for the Chase Ink Business Preferred® Credit Card
Looking to supercharge your business rewards? The Chase Ink Business Preferred® Credit Card offers a compelling combination of bonus points, travel perks, and purchase protections, making it a favorite among frequent spenders. Here's a breakdown of how to see if this card aligns with your business needs and navigate the application process.
Is the Chase Ink Business Preferred® a Good Fit?
- Boosted Rewards: Earn 3x points on several business-relevant categories, including shipping, internet and phone services, advertising on social media and search engines, and travel.
- Travel Benefits: Enjoy airport lounge access through Chase Ultimate Rewards® and complimentary travel insurance.
- Purchase Protections: Get extended warranty and purchase protection on covered purchases, offering peace of mind.
Ready to Apply?
Head to Chase's secure website https://creditcards.chase.com/business-credit-cards/ink/business-preferred to begin your application. Be prepared to provide the following:
- Business Details: Business name, address, and Employer Identification Number (EIN). Sole proprietors can use their Social Security Number (SSN).
- Financial Information: Outline your business type, estimated annual revenue, and monthly spending on business cards.
- Personal Information: Your name, contact information, and date of birth.
Tips for a Successful Application
- Consider Chase's 5/24 Rule: Chase typically discourages applicants with 5 or more new credit cards in the last 24 months (across all issuers).
- Maintain a good credit score: Generally, a good to excellent credit score (above 670) is preferred for approval.
- Prepare supporting documents: Having your EIN and financial statements readily available can streamline the process.
Approved? Maximize Your Rewards
Once you're approved, understand the bonus categories to optimize your point-earning potential. Leverage the travel benefits for business trips and utilize the purchase protections for added security.
Not Sure if this is the Right Card?
The Chase Ink Business family offers various cards. If you have simpler spending needs or a lower annual fee is a priority, explore other Ink Business Cards to find the best fit for your company's financial goals.
