Chase Ink points are part of Chase Ultimate Rewards, which you can earn through three Chase Ink credit cards. You can redeem Chase Ink business points for cash back, gift cards, or travel. Redemption value is at least 1 to 1.25 cents per point, depending on the Chase business credit card you apply for.
Business owners can use Chase Ink credit cards, such as Chase Ink Business CashSM, to earn Chase Ultimate Rewards. This Chase Ink business credit card offers up to 5% cash back in categories like office supply spending and has an introductory reward that’s worth $500. You can apply online in just a matter of minutes and earn Chase Ink points on every purchase.
Chase Points Value Calculator
Our Chase points value calculator can help you calculate the value of your Chase Ultimate Rewards and convert your Chase points to dollars. Chase Ink Business CashSM and Chase Ink Business UnlimitedSM points are worth 1 cent for each redemption option. Chase Ink Business Preferred® has the same redemption value for cash back and gift cards, but pays 1.25 cents per point when you redeem rewards for travel through the Chase portal.
Note: The calculation related to Chase Ink points has been calculated by Fit Small Business and has not been reviewed or calculated by Chase Bank.
How Chase Ink Points Work
Business credit cards are a handy way to earn rewards on everyday purchases and keep more money in your business. Business owners can apply for three different Chase Ink business credit cards that offer Chase Ink points. You’ll earn rewards on every purchase, which you can redeem for cash back, gift cards, or travel once the points post to your account after your statement closes.
Follow these four steps to earn and use your Chase Ink points:
- Apply for a Chase Ink business credit card: If you’re looking to earn Chase Ultimate Rewards, apply for a Chase business or personal credit card. The online application takes minutes, and you’ll receive your card within seven to 10 days if you’re approved. We recommend a personal credit score of at least 670 to get a business credit card.
- Use your card for everyday expenses: Once you receive your credit card, use it for your everyday expenses, such as at office supply stores or gas stations. As you use your card, you’ll earn up to 5% of the purchase price in the form of Chase Ink business points.
- Redeem your rewards: Every purchase you make with your Chase business credit card will initially show up as pending on your Chase Ultimate Rewards dashboard. The points will post to your Chase Ultimate Rewards account when your statement closes. You can redeem these points for cash back, gift cards, or travel, or transfer them to a travel partner.
- Continue to use your card to earn more points: As you redeem your rewards, you’ll need to continue to use your Chase Ink credit card to earn more points. Repeat this process to replenish your Chase Ultimate Rewards account and save money on your everyday purchases.
Chase points and cash-back rewards can be your ticket to saving big on business-related purchases you make throughout the year. They can serve as a discount on every purchase you make when you use a Chase Ink business credit card. Remember, though, you’ll need to continue to use your credit card to replenish your Ultimate Rewards account as you redeem your rewards.
Who Chase Ink Points Are Right For
Chase Ink points are tailored to business owners who want to earn rewards for their everyday purchases through some of the best small business credit cards. Additionally, they can also benefit business owners who have personal credit cards that are part of the Chase Ultimate Rewards program, as you can transfer your points to increase the redemption value.
Chase Ink business points are best for:
- Earning ongoing rewards for everyday expenses: If you already have a Chase Ink credit card or want to earn rewards, Chase Ink points will provide you with a discount on your everyday expenses. You can redeem these points for cash back, gift cards, or travel expenses.
- Transferring to a select travel partner: Chase points are beneficial for business owners who are members of other loyalty programs. You can transfer your Chase points to select travel partners, which can increase your points redemption value.
- Pooling with another Chase Ultimate Rewards card: If you’re a business owner with another personal or business card that’s part of the Ultimate Rewards program, you can potentially increase your points’ redemption value by combining your points with the account that offers a higher redemption value.
Ideally, Chase business points are handy for business owners who bank with Chase or are considering applying for a Chase Ink business credit card. These points can earn you rewards in the form of cash back, gift cards, or travel, or you can transfer them to another card or travel partner to increase their value.
Chase Ink Points Value
You can redeem Chase Ink points for cash back, gift cards, and travel through the Chase online travel portal. The redemption value for all three options is typically 1 cent per point, depending on the Chase Ink card you choose. However, Chase Ink Business Preferred® offers a unique 1.25 cents per point when you redeem them for travel.
The value of Chase points for each Chase Ink card is:
- Chase Ink Business CashSM: 1 cent per point for cash back, gift cards, and travel
- Chase Ink Business Preferred®: 1 cent per point for cash back and gift cards; 1.25 cents per point for travel
- Chase Ink Business CashSM: 1 cent per point for cash back, gift cards, and travel
You can also increase the value of your rewards up to 1.5 cents per point if you transfer your points to another Chase credit card that’s part of the Ultimate Rewards program, including Chase Sapphire Reserve®, Chase Sapphire Preferred®, and Chase Ink Business Preferred®.
You may also be able to boost the redemption value further if you combine your Chase Ultimate Rewards with another Chase card you own and then transfer those rewards to one of the Chase’s airline partners. When transferred, point values vary, but your redemption value could exceed 2 cents per point or more when booking flights.
Business Credit Cards That Earn Chase Ink Points
You can earn Chase Ink points through Chase Ink Business CashSM, Chase Ink Business Preferred®, or Chase Ink Business UnlimitedSM. Your company’s typical spending patterns will dictate which card is right for you. Compare each card in detail in our Chase Ink credit card review to find the best option for your business.
Three business credit cards that offer Chase Ink business points are:
1. Chase Ink Business CashSM
Ink Business Cash℠ Credit Card
Best For: Office-based businesses that want top cash back rewards
| Intro APR ?0% APR for 12 months on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% Intro APR on Purchases | 13.24% - 19.24% Variable | $0 | Good - Excellent |
Chase Ink Business CashSM is best for business owners who spend big on office supplies or telecommunication services. It pays up to 5% cash back and offers an introductory reward of $500—50,000 points—after you spend $3,000 within the first three months. Redemption value through Chase Ink Business CashSM is 1 cent per point for each redemption option.
With Chase Ink Business CashSM, you can earn the following Chase points:
- $500 sign-up bonus—equivalent to 50,000 points—when you spend $3,000 within the first three months.
- 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, cellular phone, and landline services each account anniversary year, then 1% afterward.
- 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, then 1% afterward.
- 1% cash back on all other purchases.
In addition to Chase points, this cash-back business credit card also offers interest-free financing on purchases for up to 12 months. You can learn more about this card’s rewards, benefits, and features in our in-depth Chase Ink Business CashSM review.
2. Chase Ink Business Preferred®
Ink Business Preferred® Credit Card
Best For: Maximizing travel rewards at a lower annual fee
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 15.99% to 20.99% Variable | $95 | Good to Excellent |
Chase Ink Business Preferred® is designed for business owners who want to earn top travel rewards while paying an annual fee that’s significantly less than other business travel credit cards. Plus, you can earn a large sign-up bonus that’s worth $1,250 in travel. Redemption value for this Chase card is 1 cent per point for cash back and gift cards and 1.25 cents per point for travel.
With Chase Ink Business Preferred®, you can earn the following Chase points:
- 100,000 Chase points—worth $1,250 in travel—when you spend $15,000 within the first three months.
- 3 points per dollar on the first $150,000 spent in combined purchases each account anniversary year in these categories: travel, shipping, advertising on search engines and social media sites, and on internet, cable, and phone services.
- 1 point per dollar spent on everything else.
Unlike other Chase Ink credit cards, Chase Ink Business Preferred® doesn’t offer cheap introductory financing terms. However, it’s an excellent choice for owners who have big budgets for advertising purchases through Google or Facebook, as it offers top-tier rewards for online ad buys. Our in-depth Chase Ink Business Preferred® review can help you learn everything you need to know about this card.
3. Chase Ink Business UnlimitedSM
Ink Business Unlimited℠ Credit Card
Best For: Pocketing 1.5% cash back on every single purchase
| Intro APR ?0% APR for 12 months on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% Intro APR on Purchases | 13.24% - 19.24% Variable | $0 | Good - Excellent |
Chase Ink Business UnlimitedSM is tailored to business owners who have business expenses in a variety of spending categories, as it offers 1.5% cash back on every purchase. You also can earn an introductory reward of $500—50,000 points—when you spend $3,000 within the first three months. Redemption value for cash back, gift cards, and travel is 1 cent per point through this Chase card.
With Chase Ink Business UnlimitedSM, you can earn the following Chase points:
- $500 sign-up bonus—equivalent to 50,000 points—when you spend $3,000 within the first three months.
- Unlimited 1.5% cash back on all purchases, regardless of spending category.
This Chase Ink credit card is also a solid pick for owners who have other personal or business Chase cards that are part of Chase Ultimate Rewards, including Chase Sapphire Reserve®. You can increase your redemption value on travel bookings when you transfer points to cards that are included in the Ultimate Rewards program. Learn more about this card in our Chase Ink Business UnlimitedSM review.
Best Ways to Redeem Chase Ink Points
You can redeem your Chase Ink business points for cash back, gift cards, or travel. Additionally, Chase has a select number of travel partners where you can also transfer your points and increase your redemption value. The value of your Chase rewards points will vary per Chase Ink business credit card and redemption method—cash back vs travel.
Three ways to redeem Chase Ink business points are:
1. Redeem Chase Ink Business Points as Cash
You can redeem your Chase points as cash back at a flat rate of 1 cent per point. When you redeem your Chase business points as cash, you can receive a statement credit or a deposit into an eligible checking or savings account from a U.S.-based bank or credit union. Chase also gives you the opportunity to redeem your points for third-party gift cards at the same rate of 1 cent per point.
2. Redeem Chase Ink Business Points for Travel
When you book travel through the Chase Ultimate Rewards online portal, you can redeem your points for plane tickets, hotel stays, rental cars, or experiences. If you have Chase Ink Business CashSM or Chase Ink Business UnlimitedSM, your points are worth 1 cent each. However, if you have Chase Ink Business Preferred®, your points are worth 1.25 cents each when you redeem them for travel.
If you have multiple Chase cards that are part of the Ultimate Rewards program, you can pool your points together in the account of whichever card makes the points the most valuable. For example, you can move all of your Chase Ink Business CashSM points (1 cent per point) to your Chase Ink Business Preferred® account, which would make your points worth 1.25 cents when redeemed for travel.
3. Transfer Chase Ink Business Points to Travel Partners
One of the best ways to maximize your Chase rewards points is to transfer them to one of the issuer’s travel partners in increments of 1,000 points. This includes 10 airline programs and three hotel programs, including JetBlue, Southwest Airlines, Hyatt, and Marriott. Points vary depending on the loyalty program, but the redemption value can be worth more than 2 cents per point.
Chase’s select travel partners include:
- Airline travel partners: British Airways, Flying Blue, JetBlue, Emirates, Singapore Airlines, Southwest, United, Virgin Atlantic, Aer Lingus, and Iberia
- Hotel partners: Hyatt, InterContinental Hotels Group (IHG), and Marriott
If you’re a business owner who travels often and are a member of one of Chase’s 13 travel partners, choose to transfer your points through your Chase Ultimate Rewards account. This is the most efficient way to use your Chase points and receive the most value.
How to Maximize Chase Ink Points
Choose a card that offers Chase rewards in categories where your business spends the most each month to maximize your credit card rewards. You can also earn additional Chase bonus points if you meet a minimum spending requirement in the first few months of card ownership. But if you want to get the most value from what you earn, choose to transfer your Chase points to another Chase card or travel partner.
Four ways to maximize your Chase Ultimate Rewards are:
- Choose a card that aligns with your spending categories: Each Chase Ink business credit card pays rewards in different spending categories, such as travel, office supplies, and at gas stations. It’s crucial to choose a card that pays rewards in the categories where you spend the most each month to maximize your Chase points.
- Spend enough to qualify for the sign-up bonus: All three Chase Ink credit cards offer a large introductory reward that’s worth at least $500— 50,000 points—when you meet a minimum spending requirement within the first three months. Be sure to spend enough to qualify for these additional Chase bonus points.
- Combine points with other Chase Ultimate Rewards cards: When you transfer your Chase Ink business points to another Chase card you own, such as Chase Ink Business Preferred® or the Chase Sapphire Reserve® personal card, you can increase the value of your points up to 1.5 cents per point.
- Transfer points to the issuer’s travel partners: Chase offers a selection of loyalty programs where can transfer your Chase rewards points. Point values differ per partner, but the value of your Chase rewards points could exceed 2 cents per point.
The Chase Ultimate Rewards program provides a wide range of ways you can maximize your Chase Ink business points. However, to get maximum value from your points, choose to transfer your points to one of the issuer’s travel partners and book flights or hotel rooms for business-related trips.
Pros & Cons of the Chase Ink Points
Chase rewards points are handy for business owners who travel often, as they yield a higher redemption rate when you redeem them for travel. Plus, you’ll have the option to transfer them to select travel partners too. However, if you want to earn points that have a higher redemption rate, you’ll need to choose a card that carries an annual fee.
Pros of Chase Ink Points
The pros of Chase Ink points are:
- Points can be worth more when redeemed for travel: Some business credit cards that offer Chase Ink business points have higher redemption values. For example, Chase Ink Business Preferred® has a travel redemption rate of 1.25 cents per point.
- Cardholders can transfer points to travel partners: Business owners who earn Chase points are not restricted to redeeming points for only cash back or travel. You’ll also have the opportunity to transfer your points to one of Chase’s 13 travel partners, which includes both airlines and hotels.
- Chase points don’t expire: Your Chase Ink business points will remain valid for as long as you keep your account active. This means if you maintain your Chase Ink credit card, you maintain your Chase rewards points.
Cons of Chase Ink Points
The cons of Chase Ink points are:
- Points with more value come with a cost: If you want your points to be worth more than 1 cent (1.25 cents or 1.5 cents per point), you’ll need to choose a card that carries an annual fee. For example, Chase Ink Business Preferred® points are worth 1.25 cents per point when you redeem them for travel, but it charges an annual fee of $95.
- Other issuers may offer more travel partners: Although you can transfer your points to select travel partners, other issuers may offer more partners. For example, American Express business credit cards give cardholders the opportunity to transfer their points to 15 partners, including Delta SkyMiles®, Hilton Honors, and Marriott Bonvoy™.
- Chase points aren’t accessible until your statement closes: Your Chase Ultimate Rewards will show the number of points you earned for each transaction in real-time. However, you won’t be able to redeem your most recent rewards until your statement closes.
Frequently Asked Questions (FAQs) About Chase Ink Points
We covered a lot of information on Chase Ink card points and the best ways to use Chase points. Some questions are asked more often than others, and we address those here. If you have any other unanswered questions, please feel free to share them on our Fit Small Business forum, and we’ll provide an answer.
The most frequently asked questions about Chase Ink business points include:
How much are Chase Ink points worth?
Chase Ink points are typically worth 1 to 1.25 cents, depending on which Chase card you have and what you redeem your points for. Your Chase Ultimate Rewards may be worth more if you choose to transfer them to one of Chase’s select travel partners—redemption could exceed 2 cents per point.
How do I redeem my Chase Ink points?
To redeem your Chase Ink points, log in to your Chase account and click “Go to Ultimate Rewards.” From your Chase Ultimate Rewards dashboard, you can choose how you would like to redeem your Chase points—cash back, gift cards, or travel. Additionally, you can choose to transfer them to one of Chase’s 13 travel partners.
Do Chase Ink points expire?
Chase Ink points are valid as long as you keep your Chase account active. This means if you maintain your Chase Ink credit card, you will maintain your Chase rewards points. It’s a good idea to collect Chase Ultimate Rewards over time, as you may want to redeem them for business travel.
Bottom Line
Chase Ink business points are part of the Chase Ultimate Rewards program, which includes both business and personal credit cards. Chase points are typically worth 1 to 1.25 cents, depending on the Chase Ink card you use. You can redeem your rewards for cash back, gift cards, or travel.
If you’re looking to open a Chase Ink credit card for an office-oriented business, consider Chase Ink Business CashSM. It offers up to 5% cash back in categories like office supplies and a $500 sign-up bonus when you spend $3,000 within the first three months. You can apply online in just a matter of minutes.
