How I Made THOUSANDS Using This CREDIT CARD For ONE Year – The Credit Shifu

by YouTube Team

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The Chase ink Preferred is one of my favorite business credit cards. In my first year, even after factoring in my annual fee I made several thousand dollars in value from the card. We break it down for you in this video and you will find this card makes a great companion to the Chase Sapphire Reserve or part of the Chase Trifecta.

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Track: Halcyon & Valentina Franco – Runaway (Heuse Remix) [NCS Release]
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Watch: youtu.be/5bj44xI2oWw
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NOTE: The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

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30 comments

Ruth Sarai September 13, 2020 - 6:52 pm

Thanks for sharing!

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Adam The Best September 13, 2020 - 6:52 pm

Second

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Wiktor Mazurczyk September 13, 2020 - 6:53 pm

Second

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Musashi-san ____ September 13, 2020 - 6:57 pm

Great business card. Shame how cheap it looks.

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Jesus Villa September 13, 2020 - 6:59 pm

High credit shifu do you have any new data points getting approved for the Chase business INK preferred credit card?

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ssus September 13, 2020 - 7:03 pm

Any data on getting the CIP bonus a second time around after closing the 1st account? Pending one is under 5/24 and it has been greater than 24 months from opening the card for the first time

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Fee September 13, 2020 - 7:21 pm

What was the insurance ? Like for what? Travel delays or?

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RenƩ S. Shabastari September 13, 2020 - 7:27 pm

Is Chase still being super strict with Business cards? I know ~800 credit score friends who've been denied since the pandemic

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Oliver N September 13, 2020 - 7:32 pm

Unfortunately, Chase has essentially stopped approving business cards for sole proprietors. It is a great card.

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Christopher John September 13, 2020 - 7:43 pm

Thatā€™s pretty bad ass!

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BISWAJIT September 13, 2020 - 8:02 pm

I don't understand that people own 10/15 cards and most of them has annual fees. If you're paying annual fees for every card that you're not currently using, that's also a loss!
Please explain how you guys handle so many cards when most of them are premium and has good annual maintenance fees?

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CJ Mor September 13, 2020 - 8:04 pm

I got mine a year ago as well got 95,000 points from bonus spend and i got $950 cash back with it which went towards my tuition and thats it the card rendered useless after the sign up bonus i have now downgraded it because id literally be flushing away $95 having it

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Randy Schochenmaier September 13, 2020 - 9:00 pm

I want to order a wallet but the wallets Iā€™m interested in are all sold out. Good problem to have.

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Level Up Travel- Derik Aasan September 13, 2020 - 9:24 pm

Chase is making plenty from you. Cheap advertising…

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alexm1229 September 13, 2020 - 9:34 pm

Thanks for the video! I got my CIP around the same time. Are you keeping it long term?

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DJ Barr September 13, 2020 - 9:40 pm

Iā€™ve had the Ink Preferred for 4 years now, I love it. I see itā€™s now $15k min-spend… that seems tough to obtain. Think about getting the ink ultimate and cash in one shot. Do you Think thatā€™s a bad idea?

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Hans MĆ¼ller September 13, 2020 - 10:52 pm

Chase is making a lot more money from the way you advertise the rewards you're getting than what they're losing from giving you said rewards lol

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ADMIRAL PIETT September 13, 2020 - 11:54 pm

How you ā€œsavedā€ thousands

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Be An Entrepreneur - Taresh Singhania September 14, 2020 - 12:24 am

An awesome video

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Jackson Welch September 14, 2020 - 1:13 am

I wanted to pet this card but they changed the sub

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leslie535 September 14, 2020 - 1:38 am

Only thing is you didn't mention that the bonus is much more difficult to hit now at $15,000 spend in the first 3 months..šŸ˜®

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Ozaer Najim September 14, 2020 - 2:04 am

Do you know if the CIP can be downgraded (product changed) to the CIC (5x at office supply stores and internet).

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Sean Gardner September 14, 2020 - 3:32 am

Would applying for business cards be harder to get during this time? Or are they being more strict?

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thejokerspeaks September 14, 2020 - 3:42 am

If not for the Amex Gold, Ink Preferred is probably the one Chase CC I would get. Not into the Chase transfer partners, but the hotel portal looks decent enough.

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Tony September 14, 2020 - 6:01 am

You def got some great value but this vid doesn't do newbies any favors by making them think 1.5 cents per point is the best way to use UR points. It's pretty much the lowest acceptable redemption

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Vong M September 14, 2020 - 3:02 pm

I got denied due to business being too new and I need to check back later šŸ˜« in my head ā€œso I guess I wonā€™t need credit card to boost my businessā€ I donā€™t know I still need this card, anyone would recommend Amex?

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Levy Sanchez September 14, 2020 - 3:07 pm

H

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Jacob Willette September 14, 2020 - 5:29 pm

I've been trying to order a dark brown minimalist wallet for days, but it says they are out of stock.

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Locutus September 19, 2020 - 1:14 pm

Ben: Hope Chase are not watching!
Chase: We want to know your name and location, for em, bonus points, yeah, um that's right, bonus points!

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JesseMolina817 October 6, 2020 - 2:48 am

Useless after year 1. Collecting dust now. Iā€™m using Flex.

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