| | One of our favorite 100,000-point offers | | by Katie Genter, Senior Writer | |  | The Ink Business Preferred Credit Card currently has the best publicly available welcome offer we've seen for this card — 100,000 bonus points after you spend $8,000 on purchases in the first three months after account opening, down from the previous spending requirement of $15,000.
You can redeem 100,000 Ultimate Rewards points for $1,000 cash back or $1,250 toward travel booked through Chase Travel. But you can get much more value — $2,050 according to TPG's valuations — when you transfer the 100,000 bonus points to high-value transfer partners.
For example, you can transfer Chase Ultimate Rewards points to Hyatt at a 1:1 ratio, and I almost always get at least 2.05 cents per point when redeeming Hyatt points for hotel stays. Likewise, it's possible to get excellent value from other Ultimate Rewards transfer partners like British Airways Executive Club and Virgin Atlantic Flying Club.
The Ink Business Preferred has a modest $95 annual fee, and there's no additional charge for employee cards. And you can really rack up points on your purchases since the card earns 5 points per dollar on Lyft rides through March 2025 and 3 points per dollar on the first $150,000 in combined purchases across select categories — which include shipping purchases and travel — each account anniversary year.
Start 2024 off with a nice stash of bonus points by applying for the 100,000-point offer for the Ink Business Preferred Credit Card.
See the following stories to learn more:
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