The Chase Ink Business Preferred Card currently offers 80,000 Ultimate Rewards after you spend $5,000 on purchases in the first three months. Here are five things you could do with that 80,000-point bonus.
Some of the offers mentioned below have expired.
Chase Ultimate Rewards are among my favorite points currencies, because of how flexible they are.
They can be redeemed like cash, at a value ranging from 1 to 1.5 cents per point depending on which Chase card you have.
One of the best welcome offers currently available is on the Chase Ink Business Preferred Credit Card.
The current offer available is for 80,000 Ultimate Rewards points after you spend $5,000 on purchases in the first three months. Here are five things you could do with that 80,000-point bonus.
See related: 6 ways to earn Chase Ultimate Rewards points
A trip worth $1,000 or more
Because Ink Preferred users can redeem their Ultimate Rewards for 1.25 cents per point on travel, your 80,000 Ultimate Rewards can be used for $1,000 toward travel when booked through the Chase Ultimate Rewards portal.
One of my favorite uses is for car rentals, experiences or other things I can’t redeem other miles and points for. Just make sure to check the price in the Ultimate Rewards portal against the cash price to make sure you’re not overpaying.
Another thing to consider is if you (or your spouse or significant other) also have a Chase Sapphire Reserve card, you can combine your points and get 1.5 cents per Ultimate Reward point, meaning you could potentially get up to $1,200 from your 80,000 Ultimate Rewards.
Short-haul flights using British Airways Avios
British Airways is a 1:1 transfer partner of Chase Ultimate Rewards, and it operates a distance-based award chart. Flights under 650 flown miles cost 6,000 Avios (7,500 Avios in North America), and flights from 651 to 1,151 flown miles cost 9,000 Avios one-way.
Look for good deals on short-haul flights on American Airlines or Alaska Airlines within North America, or on Qantas in Australia.
Sixteen nights at a Category 1 Hyatt hotel
Chase is also 1:1 transfer partners with three hotel chains: Hyatt, IHG and Marriott.
Hyatt’s award chart is by far the most attractive, with Category 1 hotels going for 5,000 points per night. So, your 80,000 points can get you over two weeks straight at a Hyatt! Category 2 hotels go for only 8,000 points per night, so you could use your points to get 10 nights at one of those.
An Air France / KLM Flying Blue flight
Air France is another 1:1 Chase airline transfer partner. One of the best uses of Air France miles is their monthly promo awards, where you can find select routes on sale for 25 to 50 percent off.
The list of routes changes each month, but you can find deals for 14,500 Air France miles one way from the U.S. to Europe or 29,000 miles in business class.
See related: These promos let you stretch your airline miles, but should you take advantage?
A flight on EVA Air’s Hello Kitty plane
80,000 miles is the amount United Airlines charges for a one-way business class ticket from the U.S. to Asia. Since United is a 1:1 transfer partner of Chase, you can use your 80,000 Ultimate Rewards to fly the EVA Air Hello Kitty plane from the U.S. from Chicago, Los Angeles or San Francisco.
You can add more flights in the U.S. or Asia for no additional charge. My daughter and I flew from Cincinnati to Beijing last year, with stops in Chicago and Taiwan.
What are your best uses for 80,000 Ultimate Rewards? Leave your thoughts in the comments!