If you are an entrepreneur or a businessman on the hunt of find the most suitable business credit card with rewards and purchase protection, Getinkpreferred is your answer!
When we think about a card that could help a business grow, how can we forget Getinkpreferred Chase Business credit card!
Ink Preferred Business card carries specific terms and conditions that will aid your business ventures and provide the security you need as you go on business trips, make investments, or book hotels in the US or elsewhere.
Chase Ink Preferred Business credit card is an outstanding card that is a must have for all customers who wish to get help in growing their business.
The approval won’t be an issue at all especially if you carry an excellent credit score.
What makes this card our favorite pick? Let’s explore it all below.
Ink Business Preferred Credit Card Review
- $0 balance transfer
- $0 introductory APR
- $0 annual fee
Required Score: Good to Excellent
Annual Fee: $95
Purchase APR: 17.49% to 22.49% Variable
The first thing that you need to consider when utilizing this credit card for your business is that it does come with some extra charges.
What Expenses Are We Talking About?
First of all, you have to cater to an annual fee of $95. This is not an uncommon features for business-related cards since most of these carry hefty annual membership fee.
In addition to this, you also have to pay 3% balance transfer fee and 5% cash advance fee whenever you use these features.
In case you are late with a payment, the bank will charge with a penalty fee of $39. The returned payment also comes with additional $39 charges.
As for the Annual Percentage Rate applicable on this card, the exact values depend on your credit worthiness.
What About Interest Charges?
Purchase APR is 17.49% to 22.49% and APR on balance transfer is 17.49% to 22.49%. The APR applicable on cash advance is 26.49%.
Chase Ink Business card seems to carry high interest charges. However, you have to remember that all these fees can be easily avoided by making timely payments and preferably in full.
Do you think all these charges are worth the benefits that Chase Business credit card offers?
Why Should You Choose Getinkpreferred?
There are a number of reasons for why you should consider Ink Preferred Business card if you are on the hunt to find a perfect credit card for your business.
You Can Enjoy Extra Rewards
The first and the foremost reason is that it comes with a wide range of perks. You can win 80,000 bonus points by spending $5000 in the first 3 months of becoming a cardholder.
In addition to this, you will win 3 points on every dollar that you spend on travel, purchases, internet packages, advertising services, phone services, and shipping.
Did You Know?enjoy 25% more of them.
Additional Perks In Common Business Spending Categories
Most of the rewards on this credit card are related to combines spending categories including travel, shipping, internet, cable, telephone services, advertising purchases, social media sites, search engine services, etc.
All these categories are high-in-demand for entrepreneurs or businessmen working towards company’s growth.
Offering rewards on combined categories is also a huge perk since most business cards limit it to a single category only.
In contrast, you can use Ink Preferred card to earn rewards in multiple categories that you are most likely to use in relation to your business setup.
Travel Points Can Be Redeemed Easily
You can also transfer the points to other leading travel programs without any loss. Ink Preferred lets you avail 1:1 transfer and furthermore, it does not charge any foreign transaction fee.
The transfer partners who work with Getinkpreferred includes Aer Lingus AerClub, Flying Blue, World of Hyatt, United MileagePlus, Emirates Skywards, Iberia Plus, and many others.
Full Customer Protection
Luckily, the card also offers zero liability protection, cell phone protection, fraud protection, purchase protection, and employee cards with no extra charges. Furthermore, you can make use of auto rental collision damage waiver.
For example, if you rent a car via this credit card for business purposes, you would be covered for theft and damage.
On top of that, if your trip is cancelled due to an unexpected event you would be eligible for $5,000 of coverage per person for travel expenses.
As we mentioned above, Ink Preferred Business credit card also offers purchase protection.
This implies that any product purchases via this card is covered and in case it gets damaged or stolen, you can claim up to $10,000 per claim or $50,000 per account.
FREE Employee Cards
You can add authorized users to this account such as your trusted employees. This would get you free employee cards that you can further utilize to earn more rewards. Besides that, you will have freedom to set account limit in order to restrict the spending allowed for each employee.
You Should Keep In Mind The High Annual Fee
The yearly fee for this credit card is around $95. There is no way to avoid this in the first year so you might feel like you couldn’t enjoy the rewards that it offers to the fullest.
The Interest Charges Are Hefty
It is important for readers to know that interest are high on Ink Preferred Business card. Furthermore, balance transfer fee is considerable as well. If you wish to make the most of travel rewards, it is better to never carry a balance on this credit card.
The Perks Might Not Match Your Spending Pattern
The rewards on this card are not limited to a single category. It is a good thing that the credit card offers travel points and perks on a number of spending categories but it is still possible that these might not match the fields where your business is making the most of the expenses.
How To Respond to Mail Offer At Getinkpreferred.com Invitation Number
Chase Ink Credit Card is now backed up by a mailing offer meant for those customers who are pre-screened and then selected for special application procedure. Pre-approved mail offers shorten the time it needs to apply for the card.
Customers who were already thinking of applying for Ink Preferred Business credit card can definitely benefit from receiving this offer in the mail. Just visit the site www.Getinkpreferred.com and provide the 12-digit invitation number along with 5-digit Zip code in order to proceed.
Once you have finished the application, you might be required to provide some data related to your business such as number of employees or annual business sale. After that, wait for 10 to 14 days till the bank processes your application.
Steps To Take In Case Your Mail Offer Is Missing
There are multiple routes you can take in order to continue with card application if you had not received the mail offer.
First of all, on the same official page, you would find a button stating “Look up your invitation number”. This would ensure if you are eligible for the pre-qualified offer.
Other than that, You can also apply for an offer that does not need a confirmation number. This is a normal application procedure that would require you to enter your full name, social security number, address, phone numbers, etc.
Is Getinkpreferred Legit or Scam?
Chase Ink Preferred Business credit card is a secure option that guards your personal information to the best of its abilities.
Furthermore, it provides all sort of customer protection to make your experience with the card smooth and safe. Few of its key features include zero liability protection, purchase protection, fraud protection, and extended warranty protection.
Chase customer support service is readily available so you should immediately get in touch with a representative in case you need help or wish to share a query. Below are the details for getting in touch with their representatives.
How To Get In Touch
The official page for Chase bank hosts expansive customer support service. They have devised categories related to queries that most customers are asking so you can quickly jump into relevant chat box to discuss your issue.
If you wish to get direct help, the service is readily available on 1-800-935-9935.
Luckily, the bank also caters to customers who have some sort of disability such as deafness, or impaired speech. Such users are encouraged to call at 711 for assistance. Finally, you can connect with the bank on social media at @Chase Support or Facebook account.
Note! Towards the end of the same page, you can find a link labelled “Schedule a meeting”. You can use to this to book an appointment with a banker to discuss your problems or for opening an account.
Final Words
Setting up a business and making it successful is not an easy job. You are going to need all the right tools to make sure that your efforts don’t go to waste.
In this regard, credit cards can help you a lot. However, you can not rely on cards meant for personal use.
Although there are many options available, Ink Preferred Business credit card stands out for a number of reasons. It generously lets you win bonus points. You can avail these for travel benefits and other discounts.
Luckily, the card also offers zero liability protection, cell phone protection, fraud protection, purchase protection, and employee cards with no extra charges. Furthermore, you can make use of auto rental collision damage waiver.
What are you waiting for then?
Frequently Asked Questions
Is it difficult to get accepted for Chase Ink Business card?
You need a credit score of at least 740 if you wish to confidently apply for this credit card. It is possible to get approved with a lower score as well but that means the rest of information on your credit report should be in good shape. Also keep in mind that if you already own a number of Chase cards, you might not be approved for more.
What is meant by a preferred credit card?
Preferred credit cards are typically those that require very strong credit reports to be approved for. These card often provide more benefits as compared to traditional ones but they also sometimes carry higher annual charges.
Can you apply for Ink Preferred Business credit card without owning a business?
No. Unfortunately, you can not apply for this card unless you have a business since this is the main requirement of the credit card. On the contrary, your business does not need to have employees or work space. It can be a one-man set up as well.
What credit score do I need for Chase business card?
You need at least good to excellent credit score for Chase Ink Business card. This means that any figure above 700 is good enough.
Does it take long to get approved for Chase Ink Preferred?
The time it takes to get approval for this credit card is same as for any card. Mostly, you will get to hear from the bank within a week. If you are lucky, you might receive the approval immediately. If you don’t get any update within 14 days, it is best to get in touch with bank’s customer support service.
Are there any alternatives to Ink Business Preferred that I can rely on?
There are a number of business credit cards that you can get easy approval for. This includes Capital One Spark, Wells Fargo Business Secured Credit card, and Staples Business credit card.
Jamie Johnson is very enthusiastic Kansas City – based freelance writer, and her core expertise are finance and insurance. She has been endorsed on several personal finance, insurance & business website to share her thoughts. Her publications can be found on famous sites like Bankrate, The Balance, Business Insider, Chamber of Commerce and many others.
From many years, she served more than 10,000 hours of research and writing to more than 2000 articles related to personal finance, credit building, mortgages, and personal and student loans.
