The Chase Ink Plus business credit card is offering 60,000 bonus Ultimate Rewards after spending $5,000 in the first three months. During this offer, the annual fee of $95 is NOT waived the first year.
The normal offer is 50,000 points after spending $5,000. Normally the annual fee is waived, so this offer is for 10,000 extra points at a cost of 95 extra dollars.
- Sign Up Bonus: 60,000 Ultimate Rewards after $5,000 in spending in the first three months
- Category Bonuses: 5x at office supply stores and on cable TV, landline, cell phone, and internet bills on first $50k spending in 5x categories per year; 2x at gas stations and on hotels booked directly through a hotel on first $50k spending in 2x categories per year
- Value of Ultimate Rewards: Can be transferred to 6 airline miles and 4 hotel points or used like cash toward the purchase of any flight at a rate of 1.25 cents per point. I value Ultimate Rewards at 2 cents each, and I would not use them like cash toward the purchase of a flight. I would mainly transfer them to United miles.
- Global Acceptance: Chip technology and no foreign transaction fees
- Annual Fee: $95 annual fee
Sign Up Bonus
The Chase Ink Plus business credit card is offering 60,000 bonus Ultimate Rewards after spending $5,000 in the first three months. No end date is known for this sign up bonus.
Ultimate Rewards have two primary uses.
- Use them like cash to purchase any flight on any airline with no blackouts at a rate of 1.25 cents each. Please don’t use your points like this.
- Transfer them to miles or points with 10 travel partners. This is the best way to use them.
Ultimate Rewards transfer 1:1 to:
- United miles, which gives you access to all 27 Star Alliance members’ award space with no fuel surcharges
- British Airways Avios, which are great for short, direct, economy awards within the Western Hemisphere and a few other places
- Korean miles, which give you access to SkyTeam International First Class and cheap awards to Hawaii
- Southwest points, which are worth 1.43+ cents toward Southwest flights
- Singapore miles, which are better than United miles for United’s own flights to Hawaii, domestically, to Europe in economy, and to South America
- Virgin Atlantic Flying Club, which is perfect for one way economy and Premium Economy awards to London and some partner awards
- Hyatt points, which are perfect for awards at Hyatt properties worldwide
The Chase Ink Plus offers 5 Ultimate Rewards per dollar at office supply stores and on cable TV, landline, cell phone, and internet bills on the first $50k in spending in 5x categories per year.
Office supply stores sell a lot of gift cards, so you can greatly expand the reach of the 5x categories.
The card also offers 2x at gas stations and on hotels booked directly through a hotel on the first $50k spending in 2x categories per year.
Can You Get a Business Card?
The Chase Ink Plus is a Business Card. Here is some information about getting Business Cards. I noticed that I got approved more easily for business cards when my business had revenue, and I estimated I’d spend at least $1,000 per month on my new card.
The Chase Ink Plus has no foreign transaction fees. It also has chip technology for global acceptance, so it’s a great card for overseas travel.
The card has has a $95 annual fee that is not waived.
Chase Application/Approval Rules
Applications for Chase’s personal cards that earn Ultimate Rewards–Freedom and Sapphire (Preferred)–are being denied if the applicant has applied for 5+ credit cards–personal or business–in the last two years.
Applications for the Ink MAY be approved even if you have more than 5+ applications for other cards in the last two years, but your chances are low and go down if you call Chase’s reconsideration line after your application. Just wait for a final decision before calling reconsideration.
The Ink Plus was already my favorite business card because of its sign up bonus, category bonuses, and transfer partners. That was with a 50,000 Ultimate Reward bonus. For the next few weeks (I’m guessing based on the length of past 60,000 point bonuses), it has a 60,000 Ultimate Reward bonus.
This card is not for everyone. It isn’t for you if you spend more money when you pay with a credit card than when you pay with cash. It isn’t for you if you don’t pay your cards in full each month. It isn’t for you if you can’t meet the minimum spending requirement.
Earn 50,000 bonus points (worth $800 in American Airlines flights) after spending $3,000 in the first three months on the Citi Prestige® Card. Plus get a $250 Air Travel Credit each calendar year and free airport lounge access worldwide for only a $450 annual fee. Why I got the card.
Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.
Earn 75,000 bonus American Airlines miles after spending $7,500 in the first three months on the Citi® / AAdvantage® Executive World Elite™ MasterCard®. Plus get American Airlines Admirals Club membership for super-cheap economy awards and ultra-luxury First Class awards.