Chase Ink Business Preferred®: Worth It? (2025)

Are you looking at Year 1 or Year 2 (and onwards)?

Year 1 Year 2 (and onwards)

Are you eligible for the intro bonus?

Eligible Not Eligible

Intro bonus: Are you able to complete $8,000 of spend within the first 3 months of account opening?

Yes No

The current public offer is 90,000 UR. What bonus are you considering?

CSR Welcome Offer

120,000 UR

How will you use points? (cents per point)

1 CPP = Cash (statement credit) 1.25 CPP = Travel portal & PYB ("Pay Yourself Back") 2+ CPP = Transfer partners

Transfer Partners 101

Chase allows you to transfer points to their partners at a 1:1 rate (100,000 = 100,000 partner points).

Partners include: Aer Lingus, Air France/KLM, British Airway, Iberia, JetBlue, Singapore Airlines, Southwest, United, Virgin Atlantic, Hyatt, IHG, and Marriott.

Sebby's favorite partner: Hyatt (easily 2 to 4 CPP)

How do you value points with a partner? (goal is 2 CPP+)

WARNING

At less than 1.5 CPP, I would look at the travel portal or PYB ("Pay Yourself Back") instead.

Will you be able to spend $50 in grocery store purchases within your first year?

Yes No

Value of Intro Bonus (Points)

$ 1,200

Return on Spend

15 %

Credits

Credits lower the effective annual fee.

$300 annual travel credit

Any other long-term credit?

Any other short-term credit?

Net Value of Intro Bonus (after annual fee)

$ 1,105

List the $ amount you spend per YEAR:

🚕 5X on Lyft Rides through March 2025

🍽️ 3X on shipping, internet/cable/phone, advertising*, travel

🏨 10X on hotel and car rental through Ultimate Rewards

✈️ 5X on travel booked through the Ultimate Rewards Travel portal

✈️ 3X on travel worldwide

🍽️ 3X on dining

💳 1X on all other purchases

Points from Spend

31,000 UR

Value of Points

$ 310

Other benefits

These include limited time benefits and general travel perks.

Value depends on usage + other cards you have.

Priority Pass

$100 Global Entry or TSA PreCheck® credit

Primary Collision Damage Waiver (CDW)

Trip cancelation insurance

Cell Phone Protection

Purchase protection

Other travel benefits

Retention offers (if any)

Complimentary DashPass subscription from DoorDash

Earn up to $60 in statement credits on DoorDash purchases through 2021

$120 back on a Peloton Membership

Complimentary Lyft Membership

Value of other benefits

$ 0

Expected Value

Year 1 = Intro Bonus + Value of Points - Annual Fee
Year 2 = Value of Points - Annual Fee

Year 1: Expected Value

$ 1,415

Year 2 (and onwards): Expected Value

$ 215