Understanding Chase 524 Rule and Business Card Implications

Chase Ultimate Rewards points are a valuable transferable points currency, and the Chase Ink Business Preferred card is a great card for earning this valuable currency. In this episode, we discuss what makes this a great card, and if it's a good card to keep year after year.

(00:30) - Learn more about the Chase Ink Business Preferred card here.

(00:34) - The Chase Ink Business Preferred card earns Ultimate Rewards points

(00:48) - Usually has great welcome bonus

(01:30) - Earning rate: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year)

(02:44) - Other noteworthy perks of the Chase Ink Business Preferred card

(04:34)- What are the approval rules for this card? (For example, what is the 5/24 rule and how does it apply here?)

(07:19) - Is this a keeper card?