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Chase Ink Plus & Bold 60,000 Point Bonuses End June 1, 2014

by on May 20, 2014 · 27 comments

in Chase

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Update: The offers mentioned below for the Chase Ink credit cards has expired. View the current offers here – Ink Plus, Ink Bold, Ink Cash.  

On May 1 Chase announced limited-time high sign-up bonus offers of 60,000 points for the Ink Bold, Ink Plus and $300 cash back for the Ink Cash. Though Chase did not release the end date of the offer immediately, I have now confirmed that it will end on June 1, so if you’ve been thinking of applying, be sure to get in on them before then.

Why Get Them?

I consistently rank the Ink cards among the top travel cards out there because of the amazing benefits they give cardholders. Each earns 5 points per dollar at office supply stores and on cellular phone, landline, internet and cable TV services. The Ink Bold and Ink Plus have a limit of $50,000 per year at the 5x rate (1x thereafter) and the Ink Cash caps the 5x bonus at $25,000. They also offer 2x points at gas stations and hotel accommodations (when booked directly through the hotel). The Ink Bold and Ink Plus have a limit of $50,000 per year at the 5x rate (1x thereafter) and the Ink Cash cap is $25,000.

There are 10 great travel transfer partners of Ultimate Rewards.

There are 10 great travel transfer partners of Ultimate Rewards.

As premium Ultimate Rewards cards, the Ink Bold and Ink Plus also allow you to transfer points you earn with them to Ultimate Rewards’ 10 travel transfer partners: United, British Airways, Southwest, Korean Air, Virgin Atlantic, Hyatt, Marriott, Ritz-Carlton, Priority Club and Amtrak. The Ink Cash is a cash-back card, which means that the points can be used for statement credit/gift cards/travel expenses. However if you also have a premium Ultimate Rewards cards like the Sapphire Preferred, Ink Bold or Ink Plus card, you can combine all of your Ultimate Rewards points and then transfer them to partners, making them much more valuable in my opinion.

Why not get both?

Why not get both?

Which One To Get?

All three of these cards are business products, but the Ink Bold is a charge card, while the Ink Plus is a credit card. Charge cards like the Ink Bold often give cardholders bigger spending power and flexibility since they have no set spending limit, but they require full payment every month or else you get hit with higher fees and penalties than with a credit card. Credit cards generally have pre-set limits, but if you need to carry a balance, the cost is less. The Ink Plus also gives you access to Chase’s Blueprint service which helps you design a plan to pay off purchases in flexible ways and track your spending.

Both sign-up bonuses are the same at 60,000 Ultimate Rewards points with this limited time offer, and you can actually get the sign-up bonus on both cards for a potential 120,000-point payday. Just be sure you can meet the combined $10,000 in minimum spending getting both would require to get both bonuses. Both have $95 annual fees that are waived in the first year.

If you’re trying to decide between the two, I might go for the Ink Plus first, because if you already have a lot of lines of credit open with Chase and need to consider shifting one of them to your new card in order to open it, because you cannot shift an existing line of charge credit around to open up a credit card- but you can shift existing consumer credit to open a business credit card, like the Ink Plus.

Can You Get Them Again?

I actually already had an Ink Bold and an Ink Plus when these offers came around, but applied for another Ink Plus for another small business I’ve started and was approved with the 60,000-point offer, so if you’re interested in doing the same, check out this post.

As a reminder, here are the terms of the current limited-time offers:

Chase Ink Bold

  • Chase celebrates small businesses with a special bonus offer!
  • For a limited time, earn 60,000 bonus points after you spend $5,000 in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards.
  • No interest charges because it’s a pay in full charge card.
  • Earn 5X points per $1 on the first $50,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services.
  • No foreign transaction fees.
  • 1:1 point transfer to leading frequent travel programs with no transfer fees.
  • Direct access to a live service advisor anytime.
  • Free Employee Cards.

Chase Ink Plus

  • Chase celebrates small businesses with a special bonus offer!
  • For a limited time, earn 60,000 bonus points after you spend $5,000 in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards.
  • With Ink Plus, you have the cash flow flexibility with the choice to pay over time or pay in full.
  • Earn 5X points per $1 on the first $50,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services.
  • Earn 2X points per $1 on the first $50,000 spent annually at gas stations and for hotel accommodations when purchased directly with the hotel.
  • No foreign transaction fees.
  • 1:1 point transfer to participating travel programs with no transfer fees.
  • Free Employee Cards.

Chase Ink Cash

  • Chase celebrates small businesses with a special bonus offer!
  • For a limited time, earn $300 bonus cash back after you spend $3,000 in 3 months from account opening.
  • 5% cash back on the first $25,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services.
  • 2% cash back on the first $25,000 spent annually at gas stations and restaurants.
  • 1% cash back on all other card purchases with no limit to the amount you can earn.
  • 0% introductory APR for 12 months on purchases and balance transfers.
  • No annual fee.

For more information on getting the most out of Chase business credit cards and Ultimate Rewards points, see these posts:

Detailed Look at the Benefits of the Ink Bold and Ink Plus Cards
Top 10 Benefits of the Ink Bold and Ink Plus Cards,
A Detailed Look at Ink Bold Benefits You Might Not Know About,
Maximizing Chase Ink Bonus Spending Categories
Maximizing the Ink Office Category Bonus Spending
Maximizing the Ink Bold’s 5X Spending Bonuses With Gift Cards
Maximizing Ultimate Rewards With the Chase Ink Cards
Chase Ink: Which Card Is Best For You
Can You Get Both The Ink Bold and Ink Plus?
Ranking the Chase Ultimate Rewards Transfer Partners
Top 10 Ways To Maximize Each Ultimate Rewards Transfer Partner
Why I Love Chase Ultimate Rewards
Ranking the Top Chase Travel Credit Card Offers

Disclaimer: 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.

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  • Thomas Slaugh

    What is the typical sign up bonus for these cards?

  • thepointsguy

    50,000

  • The Big Easy Traveler

    Have Bold and Plus. Chase changed my Bold account number and sent letter stating the switch to Visa but to keep using “old” card until new one arrives. Card set to arrive sometime in June. Is there a way to get in on the 60K offer?

  • dd

    I signed up a week ago using one of your links. Thanks for all the info, I’ve learned so much!

    Dustin.

  • fahad

    my bro got 40 000 bonus miles after he spend 5000 US$ , he applied for the card 2 months back , can he get 20,000 points?

  • thepointsguy

    40k is sapphire preferred- as far as I know Ink Plus and Bold have been 50k for well over a year

  • Jakar

    You mentioned shifting a consumer credit card to the Ink Plus. How does that process work? Does it happen after you are approved for the Ink Plus or is it something you need to discuss beforehand with a rep?

  • alicetowery

    What if you don’t have a business but sell things on Craigs List or yard sales?

  • gama

    thanks for the reminder/post. after first year do you just close the account? if one uses other travel ccards, say Sapphire Preferred. What is the point of paying $95 for yet another card. With another cards that you reviewed (say Marriott) at least there are additional repeating bonuses, e.g. free stay at certain hotel. with this one, other than the first 60k points, no other benefits.

  • dd

    That would qualify you to get a business card. :-)

  • jkgca

    If I have a Chase Ink Bold and want to cancel it ( as my year is almost up ) shortly after I receive my new Chase Ink Plus , do I need to transfer my miles before cancelling it or are both credit cards part of the Same Ultimate Reward Program? with the same rules?
    Thanks in advance for your response

  • Brian

    If I currently have a standard Chase Ink business card, can I somehow “upgrade” my existing card and get the bonus?

  • Kay

    If my husband has the ink cash and I get the sapphire preferred, can he transfer his points to me so I can transfer them to one of the travel partners?

  • derick

    what are the chances of getting accepted by chase even though just purchases a house last week? credit score of 810 pre house purchase

  • thepointsguy

    If you have strong credit, you should be fine. Purchasing a home should not negatively impact your credit

  • thepointsguy

    Yes

  • thepointsguy

    No, you need to apply for a new one to get the bonus

  • thepointsguy

    It depends on what you spend your money on- the 5x/2x categories alone can really pay for the annual fee several times over if you spend in those categories

  • thepointsguy

    No, thank YOU!

  • thepointsguy

    You’d need to get a new card with a different business in order to get the bonus

  • thepointsguy

    No the account will remain active as long as one card attached to it is in Ultimate Rewards

  • Big Boy Travel

    aren’t these just Link Offers ads that you make money on?
    seems out of your form to so heavily push readers to click on ads even though I agree it is a good deal

  • gama

    Fair enough. Will have to review my financials and the breakdown of spending. Perhaps it might be worth it. Otherwise, there is just points, possible of a hard pull, lower average age of credit, increase and then followed by decrease of total available credit (if I close it) lol thanks

  • Chris H

    When they say the bonus ends June 1st, does that mean I can apply on June 1st as well? Have an account that will be crossing the one year mark at the very end of May.

  • H

    How long does it typically take to process your application? I applied a week ago but haven’t heard anything. I have excellent credit and am an established Chase card holder.

  • *claps on 1 and 3*

    Is there an article on here that tells one how to apply for a business credit card? Not sure what to put for business name, if I should provide a different address than my home, number of years, annual revenue, etc.

    Thanks for your help.

  • Chris

    If I were to open a Ink card, hit the spending limits and get the bonus (which is now 50,000 again I believe), transfer my UR points to my Sapphire Preferred Card, then close the new Ink card, would those 50,000 bonus points expire? Or are they safe once I transfer them to a different Chase UR card?

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