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Chase is currently offering a signup bonus of 70,000 Ultimate Rewards points for the Ink Plus card when you apply in a Chase branch. That’s 20,000 points more than the current standard 50,000 point offer, however, the $95 annual fee is not waived.
I value Chase Ultimate Rewards points at 2.1 cents each because they have strong transfer partners, so this 70,000 point bonus would be worth at least $1,470 in award travel. I value the extra 20,000 points at $420, so I’d gladly spend $95 to net the extra 20,000 point difference in sign-up bonus vs. the online version .
I consistently rank the Ink cards among the top travel cards out there because of the amazing benefits they give cardholders. The Ink Plus card earns 5 points per dollar at office supply stores and on cellular phone, landline, internet and cable TV services. Ink Plus has a limit of $50,000 per year at the 5x rate (1x thereafter), and also offers 2x points at gas stations and hotel accommodations (when booked directly through the hotel). Ink Plus also offers primary insurance for auto rentals (when you’re renting primarily for business purposes, or secondary insurance otherwise), similar to the recently added benefit for the Chase Sapphire Preferred.
Ultimate Rewards are incredibly valuable when used on the 11 Chase transfer partners: United, British Airways, Southwest, Korean Air, Virgin Atlantic, Hyatt, Marriott, Ritz-Carlton, Priority Club and Amtrak, and now Singapore Airlines.
As a reminder, you can have more than one Ink Bold or Ink Plus card. I already had an Ink Bold and an Ink Plus when the recent 60,000 point offers came around, but I applied for another Ink Plus for another small business I’ve started and was approved. If you’re interested in doing the same, check out this post.
Ink Offers Available Online:
Ink Plus: 50,000 bonus points after you spend $5,000 in the first 3 months. $95 annual fee waived for the first year.
Ink Bold: 50,000 bonus points after you spend $5,000 in the first 3 months. $95 annual fee waived for the first year.
Ink Cash: $200 cash back after you spend $3,000 in the first 3 months. 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