Top 10 Chase Ink Card Benefits: More Than Just the Increased Bonus!

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Update:   This offer is no longer available, but check the Hot Deals for the latest offers!

Update:   The Chase Ink Bold card is no longer available for new sign-ups.

Are you thinking of applying for a Chase Ink card to take advantage of the limited time increased sign-up bonus?

Emily and I love the Chase Ink Bold and Chase Ink Plus cards, not just for the sign-up bonus, but for the travel opportunities and extra perks these cards offer.  But some folks don’t know about all the benefits you get!

Chase Ink Visa Changes New Perks, Discounts, & Possible Extra Bonus

5X Points Can Add Up Quickly!

Top 10 Chase Ink Card Benefits

Link:   Chase Ink Bold

Link:   Chase Ink Plus

Link:   How to Fill Out a Chase Business Card Application

Note:  The Chase Ink cards used to be MasterCards.  Some folks who’ve had the MasterCard in the past report getting another bonus on the Visa version!

1.   60,000 Ultimate Reward Point Sign-Up Bonus

The sign-up bonus on the Chase Ink Bold and Chase Ink Plus cards is usually 50,000 points after you spend $5,000 in the 1st 3 months.  But now, the bonus is 60,000 points with the same minimum spending!  I’m not sure how long this offer will last.

It lasted only 1 week the last time this offer was around.

60,000 points goes a long way towards Big Travel with Small Money!  For example, it’s worth $750 in travel when booked through the Chase Ultimate Rewards travel portal.   Or much more if you transfer the points to airline and hotel partners!

Plus, the annual fee of $95 is waived for the 1st year.

2.   Airline and Hotel Transfer Partners

Link:   What to Do With 65,000 Chase Ultimate Rewards Points

One of the best ways to use Chase Ultimate Rewards points is to transfer them to partner airlines and hotels.  You can often get far better value from the points this way, instead of using them for cash back or even redeeming them through the Chase Ultimate Rewards travel portal.

And unlike American Express Membership Rewards, there are never any transfer fees!

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

You Can Transfer Chase Ultimate Rewards Points 1:1 to Lots of Frequent Traveler Programs

Chase Ultimate Rewards points transfer at a 1:1 ratio to:

Lots of folks like to transfer points to United Airlines because they have good award seat availability and don’t add fuel surcharges to tickets.  And you can use United Airlines miles to travel on United Airlines or any Star Alliance airline, like Lufthansa, Air Canada, or Singapore Airlines.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Transfer Points 1:1 to United Miles and Travel on United or Star Alliance Airlines

Or, if you’re interested in flying on British Airways or any oneworld alliance airlines, like American Airlines, US Airways, or Cathay Pacific, Chase Ultimate Rewards points transfer to British Airways at a 1:1 ratio.  You can also use their miles to fly on partner airlines like Aer Lingus.  Remember, you’ll usually pay large fuel surcharges when you use British Airways miles, with a few exceptions.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Treat Yourself to a Flight on British Airways by Transferring Ultimate Rewards Points

One of my favorite ways to use Chase Ultimate Rewards points is to transfer them to Hyatt.  You can really stretch your points by staying in some of their Hyatt House and Hyatt Place hotels (many of which are category 1 or 2).  You’d get 7 to 12 nights at a lower category hotel just with the Chase Ink Bold and Chase Ink Plus sign-up bonus!

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

The 60,000 Sign-Up Bonus Could Be Worth a LOT of Hyatt Nights!

3.   Bonus Spending Categories

You can earn more points when you use your Chase Ink in bonus spending categories.

You earn 2X points at:

  • Gas stations
  • Hotels

And you earn 5X points at:

  • Office supply stores (like Staples and Office Depot)
  • Wireless and landline phones
  • Cable and satellite TV

You’ll earn the bonus points for up to $50,000 spending in each 5X and 2X category.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Earn Bonus Points for Spending in Certain Categories

This is a great perk if your small business spends a lot in those categories.

4.   No Foreign Exchange Fees

The  Chase Ink Bold and Chase Ink Plus cards are great for using when you travel outside the US, because they do NOT charge foreign transaction fees.  Many other business cards charge fees of ~3% per transaction.  That can really add up when you’re traveling!

Note:  The Chase Ink Cash card DOES have a foreign transaction fee.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

You Won’t Pay Foreign Exchange Fees With the Chase Ink Cards!

Combined with the 2X points bonus on hotels and restaurants, this is a good card to use when you’re traveling overseas!

5.   More Spending Power With the Chase Ink Bold

Each of the Ink cards are slightly different.  The Chase Ink Bold is a charge card, which means you have to pay your balance in full each month.  The Chase Ink Plus is a credit card, so you can carry a balance (but you shouldn’t!) from month to month.

The good thing about the Chase Ink Bold charge card is that there is no set spending limit, so you get more flexibility.  The Ink Plus has a fixed credit line.

So if you need to make large purchases (and you know you can pay it off in full), the Ink Bold might be a better card for you.

6.   Chase Ultimate Rewards Mall Bonus Points

Link:   Chase Ultimate Rewards Mall

Another great way to earn lots of Chase Ultimate Rewards points is by using the Ink cards when shopping online through the Chase Ultimate Rewards Mall.  You can earn up to 30 extra points per $1 you spend just by clicking through the mall before shopping at your favorite online stores, like JCPenney, Macy’s, or even Restaurant.com!

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Earn Extra Points at Department Stores, Florists, Travel Agencies, and More by Shopping Through the Chase Ultimate Rewards Mall

I like to use my Chase Ink card at office supply stores online (5X points per $1 you spend) but 1st go through the Chase Ultimate Rewards Mall.  You’ll get 2 to 3 extra points per $1 on top of the 5X points you get from the Ink card!

Be sure to check Evreward before deciding to shop through the Ultimate Rewards Mall.  Sometimes you can find better shopping portal deals elsewhere.

7.  Use Points for Cash Back or Travel = Flexibility

You can usually get the most out of Chase Ultimate Rewards points when you transfer them to hotel and airline partners.

But the good thing about these points is that you still have flexibility to redeem them for cash back (at 1 cent per point) or for booking paid travel through the Chase Ultimate Rewards Travel Portal (at 1.25 cents per point).

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Use Your Points to Get 20% off Travel

Suppose you need cash right away.  You could redeem 60,000 Chase Ultimate Rewards points for $600 cash back (60,000 points x 1 cent per point = $600).

Or if you can’t find an award seat or night but still have to take a trip, booking through the Chase Ultimate Rewards Travel Portal can save you money.  And in some cases, it makes more sense to book paid airline tickets instead of transferring points to an airline and looking for award seats.

For example, suppose you want to fly from Atlanta to Newark on United Airlines.  You could transfer 25,000 Chase Ultimate Rewards points to United Airlines, then book a saver award ticket (if you can find it!).

Or, you could buy a paid ticket with points through the Chase Travel Portal.  In this example, a paid ticket costs $266 or only 21,280 points!  So it’s a better deal than transferring 25,000 points to United!

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

A Better Deal: Pay With Points and Spend Only 21,280 Points, NOT 25,000 If You Transferred to United Airlines

8. Visa Savings Edge Benefits

Link:   Visa Savings Edge

Link:   My Review of Visa Savings Edge

The Chase Ink cards are now Visa cards, so you can sign-up for the Visa Savings Edge discount program to save money at certain merchants.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Visa Savings Edge Offers Discounts for Restaurants, Hotels, Business Services, Gas Stations, and More

Once you register your Ink card, the discount will be automatically applied to your statement.

And you can stack this discount with shopping portal bonuses, too!  For example, you can use your Ink card through the Ultimate Rewards Mall at Staples (office supplies) to earn a total of 7X points (5X points from card + 2X points Ultimate Rewards bonus) and get a 1% discount from Visa Savings Edge.  Not bad!

9.   Lounge Club Membership

Link:   Lounge Club

Link:   List of Lounge Club Airport Lounges

I’ve written about how to use Chase Ink cards to enter airport lounges for free.  You get a free Lounge Club membership with the  Chase Ink Bold and Chase Ink Plus cards, plus 2 free lounge visits each year.  Additional visits cost $27.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

You Can Visit Alaska Airlines Boardroom Lounge in Seattle With the Lounge Club Chase Ink Perk

While they don’t have an extensive network of lounges (especially in the US!), it’s still a great deal to get free lounge visits!  And, any authorized users on your Ink cards can get their own free Lounge Club membership and 2 free visits!

10.  Jot for Expense Management

Link:   Jot Mobile App

Jot is a free mobile app for the Ink cards that allows you to track business expenses right on your phone.  You’ll get an alert whenever a purchase is made with your Ink card, and you can take a picture of the receipt right there and make notes that sync directly with your Chase account.

Top 10 Chase Ink Card Benefits More Than Just The Increased Bonus

Technology Is Cool! Use Jot to Track Purchases and Document Receipts

If you have employees, you can set it up to alert you when they make a purchase on their Ink card (and change their spending limits if they go overboard!).  And if you don’t have a smartphone, you can still use Jot online through your Chase account to keep track of expenses.

Bottom Line

The Chase Ink Bold and Chase Ink Plus cards have a limited time increased sign-up bonus of 60,000 points after spending $5,000 in the 1st 3 months.

But there are lots of other benefits that come with having an Ink card!  Most importantly being able to get lots of Big Travel with Small Money.  My favorite Ink card perk is being able to earn lots of Chase Ultimate Rewards points and transfer them to airline and hotel partners.

What do you like best about the Ink cards?

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Editorial Disclaimer: Neither the responses below nor the editorial content on this page are provided or commissioned by the bank advertisers, and have not been reviewed, approved or otherwise endorsed by the bank advertisers. Opinions expressed here are the author’s alone, not those of the bank advertisers. It is not the bank advertisers’ responsibility to ensure all posts and/or questions are answered.

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23 responses to “Top 10 Chase Ink Card Benefits: More Than Just the Increased Bonus!

  1. If I have multiple businesses with separate EINs, can I get the bonus multiple times?

  2. Is it true that authorized users can get their own lounge club membership and 2 free visits? I was not aware of this benefit and neglected to take advantage of it.

  3. Does anyone know the maximum number of Chase cards one can have, and if business cards are counted differently than personal cards?

  4. I was told on the phone after I applied (and approved!) that this was “small business month.” I don’t believe they said week, but also wouldn’t want to throw out any incorrect info. If the Chase rep on the phone is to be believed though, and my memory serves correct, it would seem to imply that we will have the 60k bonus through all of May.

  5. Would it be wise or possible to apply and get both the Ink and Bold at the same time? I currently have the Master card version of Ink. Thanks for your time and advise. Great website.

  6. I have an Ink Plus Master Card which I applied for last year.
    My wife has the Ink Bold Visa she applied for last year as well and put me as her employee so I also have an Ink Bold.

    Can I still apply for both Ink Plus this time and Ink Bold? Or am I not eligible for any of them?

    Thanks.

  7. The pic seem to imply you can use Ink cards to buy $500 visa gift cards to Office Depot… is that still true?

    • @Miles – I’ve been able to get the bonus for 2 different businesses.

      @Karen – That’s true!

      @Andrew – It varies based on the total credit which Chase is willing to extend to you.

      @Taylor – I believe that’s true and it should be around until the end of May!

      @Kate – I’d apply for only 1 business card at a time.

      @Sun – You can still get the card if your’e an authorized user.

      @Lantean – That’s an old pic and is no longer possible.

  8. Thanks for a good reference on the benefits of the Ink cards. The one area I didn’t see is the travel benefits like trip cancellation insurance, lost luggage benefits, trip delay benefits, etc. How do they compare to the Chase Sapphire Preferred benefits?

  9. Per chase csr, only 2 free lounge club access per year per card. if you have authorized user he/she has to travel with primary holder to get a free access. Is it true?

  10. I and my wife have an MC INK Plus. We also have each 2 free access to the lounge club with that INK Plus.
    I have applied for the VISA INK Bold, can we have each another 2 free access to the lounge club with that INK Bold?

  11. It will last all month, walk into any branch they have fliers stating this.

  12. The link to the landing page/application is not working!!! Is the 60k bonus promotion over now???

  13. Have Bold M/C, Plus Visa. Chase sent letter indicating they were moving me to Visa. They also change my accnt number. But I will not receive the card until sometime in June. Can I get the Bold Visa?

  14. Can I transfer Chase Ink points to my Southwest account to be used toward my Companion Pass 110,000 point requirement?

  15. I have applied for the Chase Ink Bold back in April and saw the promotion of 60,000 points (instead of the usual 50,000 points). So I called Chase and they were able to extend the 60,000 points offer to me since my account is within 90 days of this new promotion. The representative added 10,000 points right to my account. Easy, and quick!

    • @Maria – The authorized user can sign up for his/her own Lounge Card and get access to the lounges.

      @ BTM – You can.

      @ John – It works for me!

      @Chris S – Should be possible based on reader feedback.

      @Carole – Direct transfers don’t count. But they do count if you transfer via Hyatt or Marriott.

  16. Does my authorized user get 20% travel off like I do?

  17. Pingback: Reminder: One Week Left to Apply for 60,000 Point Chase Ink Cards! | Million Mile Secrets

  18. Pingback: Last Day to Apply for Chase Ink 60,000 Point Cards! | Million Mile Secrets

  19. If I use UR Mall to buy stuff from Staples using my Chase Ink Plus card, do I get 5x + 2x points?

  20. HI Darius, I just called to sign up for lounge passes but was told as of Sept 1 2014 no more lounge passes on the Ink Plus and Bold. Also Bold isn’t offered currently on their website either.