80K Ink Business Preferred Worth It?

80K Ink Business Preferred Worth It?

The 80K Ink Business Preferred has launched–is it worth getting? The card replaces the Ink Plus, which is no longer available for new applications. First, here's a summary of the card benefits:

  • Earn 80,000 Ultimate Rewards points after spending $5000 on the card within the first 3 months of card membership
  • 3X per dollar on travel, telecommunications, shipping, advertising on social media and search engines, up to the first $150,000 spent in aggregate across those categories; after that earn 1 point per dollar.
  • $95 annual fee is NOT waived the first year, unless opened at a Chase branch
  • Ultimate Rewards points are worth 25% more if redeemed for travel through Chase Ultimate Rewards (although this isn't compelling if you already have the Chase Sapphire Reserve, which gives you 50% more value for Ultimate Rewards redemptions via Chase)
  • No foreign transaction fees
Additional Ink Business Preferred Benefits

Cell Phone Protection: If you pay your cell phone bill with the Ink Business Preferred, you'll be protected for up to $600 per claim for covered theft or damage for you and your employees listed on your monthly cell phone bill. There is, however, a $100 deductible per cliam, and a maximum of 3 claims in a 12 month period. 

Trip Cancellation / Trip Interruption Insurance: If a trip you pay for with the Ink Business Preferred is cancelled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $5000 per trip for prepaid, non-refundable travel expenses. This compares to $10,000 in trip cancellation / trip interruption insurance for the Chase Sapphire Reserve.
Trip Delay Reimbursement: If your flight is delayed more than 12 hours or requires an overnight stay then you and your family are covered for unreimbursed expenses up to $500 per ticket. This compares to coverage kicking in for delays of 6 hours or more, for the Chase Sapphire Reserve.
Purchase Protection: For new purchases billed to the Ink Business Preferred, you're covered for the first ~4 months (120 days) against damage or theft, up to $10,000 per claim.
Extended Warranty: If you've purchased an item with an up to three year U.S. manufacturer's warranty using your Ink Business Preferred, you'll receive an additional year of warranty coverage. 



If you already have the Ink Plus (or the Ink Cash) the main reason to get the Ink Business Preferred is for the 80K signup bonus and for the 3X on shipping and social media advertising, if those categories are useful to you. In my own business I have virtually no shipping or social media advertising spend, so these categories are useless to me, and it's all about the 80,000 signup bonus, particularly as the additional trip interruption and trip delay benefits are inferior to those of Chase's premium card, the Chase Sapphire Reserve.

The $600 cell phone insurance benefit could be interesting, although it requires putting your cell phone bill on the Ink Business Preferred, which means earning just 3X per dollar vs. the 5X per dollar I currently earn with the Ink Plus. In my case that would mean earning around 3000 fewer Ultimate Rewards points per year, or ~$60 if valuing Ultimate Rewards points at 2 cents per point. So it all depends on how you value the cell phone insurance, although keep it mind there's also the $100 deductible. 

Keep in mind that 5/24 applies to the Ink Business Preferred, so if you've opened 5 or more new credit cards (including being an authorized user on someone else's account) you'll either need to be pre-approved for the card or be a Chase Private Client to be able to be approved. The 80K bonus is attractive to me, so I plan to sign up if pre-approved, or to seek Chase Private Client reconsideration if not initially approved.

Do you plan to apply for the 80K Ink Business Preferred?

Related Posts



Need Award Booking Help? Our fee is as low as $75 per ticket if you book your hotel through us.

If you enjoyed this, join 200,000+ readers: please follow TravelSort on Twitter or  like us on Facebook to be alerted to new posts. 

Become a TravelSort Client and Book Your Hotel with Virtuoso or Four Seasons Preferred Partner Benefits!

0 0 vote
Article Rating
Share This:
Inline Feedbacks
View all comments