{"id":81460,"date":"2024-03-08T21:36:46","date_gmt":"2024-03-08T21:36:46","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/03\/08\/is-the-ink-business-preferred-worth-the-annual-fee-the-points-guy\/"},"modified":"2024-03-08T21:36:46","modified_gmt":"2024-03-08T21:36:46","slug":"is-the-ink-business-preferred-worth-the-annual-fee-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/03\/08\/is-the-ink-business-preferred-worth-the-annual-fee-the-points-guy\/","title":{"rendered":"Is the Ink Business Preferred worth the annual fee? – The Points Guy"},"content":{"rendered":"


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Whether your credit card’s annual fee is $1 or $1,000, it’s worth evaluating that fee every time you have to pay it to see whether you can justify the cost for the year ahead.<\/p>\n

The Ink Business Preferred\u00ae Credit Card<\/a> has a low $95 annual fee, but is it worth it considering that keeping this card isn’t free?<\/p>\n

Let’s look at the perks and benefits offered by the Ink Business Preferred<\/a> to see whether the annual fee is worth it in year two and beyond.<\/p>\n

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Welcome bonus<\/h2>\n

Currently, new applicants for the Ink Business Preferred<\/a> will earn 100,000 bonus Ultimate Rewards<\/a> points after spending $8,000 on purchases within three months of account opening. This spending requirement is down to almost half of its previous $15,000, so now is a great time to apply if you’ve been considering it. TPG values<\/a> Ultimate Rewards points at 2.05 cents apiece, making this bonus worth $2,050. This matches the standard welcome offer<\/a> we have seen on this card.<\/p>\n

You’ll notice that Chase says this bonus is worth $1,000 as cash back or $1,250 in travel when points are redeemed in the Chase travel portal<\/a>. The latter allows you to spend your points like cash at 1.25 cents apiece to book travel when you have the Ink Business Preferred (the same rate available for using points from the Chase Sapphire Preferred\u00ae Card<\/a> but shy of the 1.5 cents-per-point value available on this redemption with the Chase Sapphire Reserve\u00ae<\/a>. The Sapphire Preferred also allows you to redeem points at 1 cent apiece as a statement credit.<\/p>\n

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