Ink Business Preferred® Credit Card

This is just a great all around business card. For a low annual fee, the welcome offer is very generous. Chase also just reduced the spending requirement to meet this SUB, so if you're interested in this card, now is a great time. Just keep in mind that in order to reach the minimum spend, you'll need to make an average of around $2,667 in purchases each month. This might be nothing for a small business, but if you're an independent contractor or freelancer, make sure this is doable for you. We also can't forget to mention how valuable earning Chase Ultimate Rewards® are because of the program's transferability to a handful of different airline and hotel partners.

• 5X per $1 on Lyft rides through March 2025
• 3X per $1 on the first $150,000 spent on total purchases for these categories each year (then 1X per $1 after): shipping purchases, advertising purchases, internet, cable, and phone services, and travel
• 1X per $1 on all other purchases

• 1:1 point transfer to leading frequent travel programs
• Well-rounded protections, home and abroad
• Valuable redemption options

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• No airport lounge access compared to the Chase Ink Bold and Chase Ink Plus cards, which offer free membership to over 350 lounges each year
• High spending minimum for the sign-up bonus
• If you don't travel much or spend money in the other bonus categories, you'll miss out on most of the ongoing value of the card

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