70,000 Chase Ink Plus Points = $700 in the Bank!

Disclosure: We get a commission for links on the blog. You don’t have to use our links, but we’re very grateful when you do. American Express, Barclaycard, Capital One, Chase, Citibank and US Bank are Million Mile Secrets advertising partners. Opinions expressed here are the author's alone, and have not been reviewed, approved or endorsed by our partners. Here’s our Advertiser Disclosure.

Update:   The Chase Ink Plus 70,000 point offer is no longer available, but check Hot Deals for the latest offers!

I love to get Big Travel with Small Money, but for some folks the cash is worth more!

Although redeeming points for flights and hotels is usually the best value, but personal value can vary based on your needs.

The 70,000 Chase Ultimate Rewards points you get with the Chase Ink Plus card can be used in many ways, but the easiest way might be to get a $700 statement credit or deposit into your bank account.  And that’s OK!

Note: The Chase Ink Plus 70,000 point bonus offer ends on October 19, 2014.

70,000 Chase Ink Plus Points 700 In The Bank

Sometimes It’s Nice to Have a Little Extra Cash in Your Pocket!

How to Get a Cash Back With Chase Ultimate Rewards

Cashing out 70,000 Chase Ultimate Rewards you earn with the Chase Ink Plus card is easy!

Step 1 – Log-in and Go to Ultimate Rewards

Sign-in to your Chase Ink Plus account and click the Ultimate Rewards logo.

70,000 Chase Ink Plus Points 700 In The Bank

Click on the Ultimate Rewards Logo to Use Your Points

Step 2 – Select Cash Back and Your Redemption Method

Click “Cash Back.”

70,000 Chase Ink Plus Points 700 In The Bank

Choose “Cash Back” From the Menu at the Top of the Screen

Decide whether you want to receive your cash back as a statement credit or deposited into your bank account.

70,000 Chase Ink Plus Points 700 In The Bank

Then Enter the Amount You Want to Redeem!

You Can Get More Value With Airline & Hotel Partners!

You can get the most value out of Chase Ultimate Rewards points by redeeming for travel.  For example, you can transfer 70,000 points to United Airlines towards a 1-way First Class flight to Kauai and you’d still have 20,000 points left over!

70,000 Chase Ink Plus Points 700 In The Bank

Without Points, a 1-Way First Class Ticket to Kauai Could Cost You ~$2,000!

Or you could also transfer your Chase Ultimate Rewards Points to Hyatt and stay 2 nights at the Park Hyatt in Beaver Creek, Colorado.

70,000 Chase Ink Plus Points 700 In The Bank

The Park Hyatt Beaver Creek Can Cost ~$900 per Night During Ski Season!

So Why Use Chase Ultimate Rewards Points for Cash Back?

The highest dollar value may not always be the right choice.  So do what works for you!

  • Sometimes in life, unexpected expenses pop up that are more important than travel.  And if $700 helps you to pay your bills on time, then it could be worth it.
  • For folks whose travel involves cruises and road-trips, the flexibility of cash could make sense.
  • Do you have a friend who is NOT into our hobby of getting Big Travel with Small Money?  You might be able to persuade them to get the Chase Ink Plus for the $700.  Then after they have the card, you can show them how to use it for travel.  Sneaky! 😉

Bottom Line

There are lots of way to use the 70,000 Chase Ultimate Rewards points you earn with the Chase Ink Plus.  While you can get more value from transferring your points to airline and hotels partners, cash back works better for some folks.

If you want more flexibility, have trouble paying your bills, or want to add to your savings account, getting $700 in cash back is an excellent choice!

* If you liked this post, why don’t you join the 25,000+ readers who have signed-up to receive free blog posts via email (only 1 email per day!) or in an RSS reader …because then you’ll never miss another update!

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

15 responses to “70,000 Chase Ink Plus Points = $700 in the Bank!

  1. I’d love to get the card, but I already have the Bold for a business that hasn’t really taken off yet. I have a plan, have made plenty of contacts with people who agree there’s a need, and have begun preparations, but can’t really get going with generating any revenue until I retire in a year or two, due to conflict of interest concerns. How could I convince Chase that I need the Plus card with no business income and modest expenses?

  2. About the latest “shrill” headline (aka, “sales pitch”), first, it’s $700, not $750, no? “Small” editing matter. (!!) Then too, to get that that $700 “back,” you must first shell out the $95 annual fee. (!!) But $605 wouldn’t be as compelling a come-on, to get folks to sign up for another cc. (!!) “Sneaky” indeed. Yahr! (!!)

  3. Will, please go elsewhere, Troll. No one here wants to hear it.

    Daraius, good post. I feel like sometimes there is so much pressure on getting 2 cents per point, etc. from those of us who have done this for a while and want to maximize value that we overlook your very valid point – for some people $700 in their pocket may be a better option.

  4. Darius, I love your site. While I understand there is a commission for getting acquisitions for the credit card companies, which makes sense and is perfectly fine, I think leaving out the annual fee from your article is not in the spirit of your usual transparency.

  5. Daraius, I’ve been a loyal follower to your site and your site has helped me to understand the various ways to capitalize on the points system and how to use it effectively, a big thank you for your help. Only one small point of suggestion… I know you love the Chase Ink card, but the recent multiple postings/marketing on the same card is slightly distracting. Just a loyal fan’s opinion

  6. Loyal follower and this constant posting regarding this card offer has prompted my to make my first comment post. I agree with the comments above. Lately, the amount of posts for the same card have gotten out of hand and I have decided to use the links provided from other travel blogs and not this one for my credit card applications.

  7. Daraius….I’ve been following these posts….many thanks!!! I applied a week ago, got turned down (I have 2 other recent Chase inquiries within the past 60 days). I called to follow-up, and after minutes of consideration, I was still declined. They wanted to see payment history on the new cards that I just got from Chase.
    Then over the weekend, my wife applied for the card…..she was advised to call on Monday morning, and she did so. She talked to Chase today at 8am…got approved after 2 minutes of being on hold. She has not had any recent credit inquiries.

  8. I agree with the above posters. Those that read the site understood from the first post that 70K is a nice deal, but the daily reminders to make more money on links leaves us tired and disappointed. Bottom line: enough, we get it.

  9. another in agreement. enough with the chase ink card shilling.

  10. I agree as above. Been following the blog for a long time and it’s frustrating to visit everyday and to see the same ink offer rewritten. To his defense thepointsguy is doing the same thing so the comission must be nice.

  11. Why not mention the 95dollar annual fee that must be paid upfront?

    It is still a decent deal once you meet the spend amount you’ll get a minimum of 750.00 (-95) = 655.00 in cash and have 12 months to earn more by shopping at office stores and paying cell phone/cable bills for max earnings.

  12. Hey D–

    Is it true that Amex Serve no longer accepts Chase cards for the online CC upload?

    PS– These other fruitloops can stop complaining anytime. MMS is just describing other ways to use potential UR points. If you don’t like the post, don’t read it.

  13. I appreciate your posts, I have been a loyal follower of this blog and learnt a lot of travel tips. I agree with the other comments here, I am disappointed to see posts every day about Chase Ink Plus. Please stop it, it will alienate a lot of users who are visiting your blog regularly for new content.

  14. Haha, Sneaky!!! I love that strategy to convince my friends to get into the game.

  15. Hi Darius,
    Thank you for your most helpful posts. I am not sure if you have mentioned it or not, but please note the important offer details before applying. The conditions preclude us from applying for this card, as we have received previous bonuses within the past 24 months. Copied from the application “OfferDetails” :
    “This new cardmember bonus offer is not available to either (i) current cardmembers of this business credit card, or (ii) previous cardmembers of this business credit card who received a new cardmember bonus for this business credit card within the last 24 months.”