Chase Ink Business Preferred Referral Bonus:
One of the most overlooked aspects of having a credit card is taking advantage of the various ways to earn rewards with your card. Many people do not realize that their card earns them very nice rewards in the form of miles, points, or cash back. Not recognizing this is simply leaving a great deal on the table. An additional avenue of rewards for credit cards comes in the form of referring new customers to open accounts. The Chase Ink Preferred is a business credit card and cardholders can earn substantial points (up to 100k each year) when they refer a business which opens up a new card. The most important thing to remember if you are referring a business or anyone else through a credit card referral program is that the person will need to use your referral link in order for you to earn points (more on this later).
What Should Business Owners Know About The Chase Ink Preferred Card and Referral Program?
- During the referral process you will be required to provide your last name, your zip code, and the last four digits of your credit card – this is to verify your identity so that the referral will be attributed to your account
- Cardholders are eligible to earn up to 100,000 points in one year which allows for invitation to be sent and opened for 5 business – this works out to a rate of 20,000 per referral
- The rewards for this offer go both ways – not only will the referrer receive rewards but the referred is eligible to receive bonus points when new cardholder spending requirements are met in the first 3 months of opening a new account
More and more consumers are ditching cash for credit and it makes perfect sense when you consider the fact that you get zero rewards for spending cash but now almost all credit cards provide some sort of incentive for using the card in the form of rewards. If you are Chase Ink Preferred Customer not only will you earn points when using your card but you can also invite other businesses to open new cards which provides rewards to both parties involved.