UPDATE: This offer has expired.
For a limited time Chase has upped the sign up bonus for their two remaining Ink Business credit cards – the Chase Ink Plus and the Chase Ink Cash. The current offers will give you an additional 10,000 points on top of their typical offer which is great!
- Chase Ink Plus – 60,000 bonus points after you spend $5,000 in the first 3 months; $95 annual fee
- Chase Ink Cash – 30,000 bonus points after you spend $3,000 in the first 3 months; no annual fee
While this is a good offer for these two cards, keep in mind that the annual fee for the Chase Ink Plus is NOT waived and with the normal offer it typically is for the first year. So ultimately you are paying $95 for an extra 10,000 points. That is definitely worth it to me as I value 10,000 points around $200. The Chase Ink Cash never has an annual fee, so this is definitely a better offer!
This post will go into more detail on the Chase Ink Plus card (as that is typically the more desired card), and tomorrow I’ll post about the Chase Ink Cash card details.
Chase Ultimate Rewards are one of my favorite currencies as the program is very flexible. With the Chase Ink Plus card, you can either use your points through the travel portal or transfer them to partner loyalty programs at a 1:1 ratio (with no fee!). These partners include:
- United
- British Airways
- Korean Airways
- Southwest
- Virgin Atlantic
- Singapore Airlines
- Hyatt
- InterContinental Hotels Group
- Marriott
- Ritz Carlton
- Amtrak
What is the value of 60,000 Chase Ultimate Reward points?
I’d personally value the 60,000 Chase Ultimate Reward points earned from the Chase Ink Plus at about $1,200. My personal favorite transfer value is to Hyatt, United, and British Airways. With these three partners I can get at least 2 cents per point, although there is the potential to get even way more, especially if you like to travel in luxury in business class. Of course it all depends on how you value your points. Now, if you like an easy redemption, you can use the “Pay for travel” option which will give you a fixed value of $750. With this option you use Chase’s travel portal and book your flight directly through the site. This will then allow you to book flights with most airlines, including American Airlines, Delta, etc.
What are the other benefits of these cards?
With the Chase Ink Plus you earn a nice number of bonus points on some popular spend categories:
- Chase 5x points per $1 on business expenses up to a maximum of $50,000 spend, which equals 250,000 points (business expenses include: wireless communication services, cable and satellite television and radio services, office supply stores and wholesale distributors of office supplies)
- 2x points per $1 at gas stations, hotels and motels up to a maximum of 50,000 spend, which equals 100,000 points
- 1x points per $1 on all other purchases – no limit on points you can earn
Applying FAQs:
- If you recently applied for one of these cards in the past 103 days, send a secure message on your Chase.com account and request for a match in the offer.
- While this is a business card, you can use your personal Social Security number on your application. You can apply as a sole proprietorship.
- Chase is getting more strict with applications and will deny you of a Chase-branded card (Chase Ink, Chase Freedom, Chase Sapphire Preferred, not Chase co-branded cards like Marriott, Hyatt, IHG, etc.) if you’ve applied for 4 or 5 credit cards in the past two years (and also includes adding yourself as an authorized user on an account). So if you have gone application crazy, unfortunately you might be out of luck with these two. You can read more about this here.
The links I have in this post are not affiliate links, but if you would like to support the blog and apply through an affiliate link please email me at dealswelike@gmail.com so I can direct you to my partner application site. As always, thanks for supporting me and allowing me to get you all these great deals on a daily basis!
More about the Chase Ultimate Rewards program…
And here is a blog series describing the Chase Ultimate Rewards program in general:
- Introduction to Chase Ultimate Rewards Program
- Maximizing Chase Ultimate Rewards with Chase Freedom
- Downgrading your Chase Ultimate Rewards Card to Avoid the Annual Fee
- Best Redemption for Chase Ultimate Reward Points – Hotel Stays
- Best Redemption for Chase Ultimate Reward Points – Air Travel
- Chase Sapphire Preferred vs. Chase Sapphire
- Chase Ultimate Rewards: Sapphire Preferred vs. Ink Bold
- Top 10 Chase Ultimate Reward Questions
Let me know if you have any questions!
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
I went to the offer and noticed usual language about the sign up bonus is missing. Usually it states must not have the card or received bonus in last 24 months so can apply it’s been over a year since I received bonus and 4 months since closing account.