The Chase Sapphire Preferred and Chase Ink Business Plus credit cards have established a place for themselves among the most useful of the travel-rewards cards, based in large part on the flexibility of the Ultimate Rewards points which can be exchanged for points in 11 travel loyalty programs.
card has been upped to 70,000 points after spending $5,000 within three months. When redeemed for travel through Ultimate Rewards, the points are worth $875. When the points are transferred to other programs, they could be worth considerably more, depending on how they're redeemed.
Card details:
Points transfer 1:1 to British Airways, Korean, Singapore, Southwest, United, Virgin Atlantic, Hyatt, IHG, Marriott, Ritz-Carlton
Earn five points per $1 at for charges at office supply stores and for cellphone, landline, Internet, and cable TV
Earn two points per $1 for charges at gas stations, hotels
No foreign transaction fees
$95 annual fee
There's no published end date for this sign-up bonus so it could be scaled back at any time -- most likely to 50,000 points, which has been the standard offer for this card.
(When applying for a "business credit card," pretty much any endeavor -- no matter how part time or financially unproductive -- will qualify as a small business.)
