If you haven’t already heard, you might be living in a hole. Or maybe like me, you have just been so busy that you aren’t really sure what day it is… Monday.. right?? Anyway if there are any of you who haven’t heard already, Chase is running a special in support of National Small Business Week on its Ink line of business cards.
These cards are a great opportunity to rack up Ultimate Rewards points which are considered by many to be the best points currency available. The normal sign up bonus for the Ink Bold and Ink Plus is 50,000 after $5,000 in purchases in the 1st 3 months but for this week only it is 60,000 points after $5,000 in purchases in 3 months.
The difference between the two cards is that the Ink Bold is a charge card and therefore you must pay in full every months. On the other hand, the Ink Plus is a credit card and therefore you can choose to make smaller payments to payoff over time. If you cannot pay your card off in full, you should not be playing this game as the interest will eliminate the value earned in points.
Both cards come with a $95 annual fee which is waived the first year, no foreign transaction fee’s, free membership to The Lounge Club with 2 free visits per year, & 5x points per $ on the 1st $50,000 spent annually for purchases at office supply stores, and on cellular phone, landline, internet, and cable TV services
Points transfer 1:1 to the following transfer partners:
Hotels: Hyatt Gold Passport, Marriott Rewards, The Ritz-Carlton Rewards, & Priority Club Rewards
Airlines: British Airways Executive Club, United Mileage Plus, Virgin Atlantic Flying Club, Southwest Rapid Rewards, & Korean Air Skypass
Ink Cash is offer $250 cash back bonus after you spend $3,000 in the first 3 months. This is up $50 from the usual $200 sign up bonus. This is a cash back card which earns 1% back on all purchase and 5% back in rotating categories.
This card can be a great card to complement the Ink Bold, Ink Plus, or Chase Sapphire Preferred as the cash back can be transferred to Ultimate Rewards points if you have one of these previously mentioned cards. That would make this essentially a 25,000 bonus point offer.
This is the scaled down version of the Ink Plus card and comes with a bonus of 25,000 points after you spend $3,000 in the first 3 months. Unlike the Ink Plus and Ink Bold, this card comes with no annual fee and caps the 5x points benefit at the first $25,000 in annual spending in the bonus categories.
All of these cards would make a fine addition to your points portfolio, but if you do not already have either the Ink Bold or the Ink Plus then I would recommend they be the 1st addition to your wallet.
If you have been considering one of these products, now is the time to jump on the offers as the sign up bonus’ have been held pretty steady at their respective 50k, 25k, & $250 amounts for quite a while now.
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