Also: The world's best business class adds a first-class perk August 15, 2024
[THE POINTS GUY]( [View in browser]( [TPG Daily NEWSLETTER]( [THE POINTS GUY]( How this welcome bonus can get you over $2,400 in travel
by Emily Thompson, Credit Cards Editor
[TPG | Hero Image] Some ultravaluable welcome bonuses are on cards that have hefty annual fees. But the [Ink Business Preferred® Credit Card]( has just a $95 annual fee, and its current welcome offer is a staggering [120,000 Chase Ultimate Rewards points]( after you spend $8,000 in the first three months from account opening. You can redeem these points through Chase Travelâ at a rate of 1.25 cents apiece, so youâll get a minimum of $1,500 in travel with this bonus when you use it that way. But thanks to Chaseâs lineup of 14 hotel and airline transfer partners, TPG values Chase Ultimate Rewards points at a much higher 2.05 cents apiece (according to TPGâs August 2024 [valuations](. For example, you could transfer your points to World of Hyatt and use them to stay at the Grand Hyatt Kauai. This stay will cost between 25,000 and 35,000 Hyatt points per night, but cash rates are over $1,000 per night. Similarly, you could take a page out of TPG points and miles writer Katie Genterâs book and use your points to book a stay at the Park Hyatt Maldives Hadahaa and get around the same value. You can also [use your points for budget redemptions]( to stretch them even further. I love to use mine for stays at Category 1 Hyatt Place hotels, which can cost as low as 3,500 points per night. Another great option is to transfer your points to Air Canadaâs Aeroplan program and use them to book an economy flight to Hawaii for as low as 12,500 points. Regardless of how you decide to use your points, the Ink Business Preferredâs current welcome offer of [120,000 Chase Ultimate Rewards points]( is incredibly valuable â especially for a card with just a $95 annual fee. Want to learn more? Check out these stories: - [Why we love the Ink Business Preferred and its limited-time welcome offer](
- [How to redeem Chase Ultimate Rewards points for maximum value](
- [6 of the best Chase Ultimate Rewards sweet spots](
- [The complete guide to Chase transfer partners](
Happy redeeming! Emily Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products, and this may impact how or where they appear. For an explanation of our Advertising Policy, [visit this page](.
Photo Credit: SUMMER HULL/THE POINTS GUY. Todayâs top stories
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