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For a limited time, the sign-up bonus on the Chase Ink Plus Business Credit Card has been increased to 60,000 Chase Ultimate Rewards points after you spend $5,000 in new purchases in the 1st 3 months of opening your account.
The increased bonus has a listed end-date of March 1, 2015. Normally, the sign-up bonus is 50,000 points after meeting minimum spending requirements, so this is a good deal.
Emily and I don’t earn a commission for this offer, but we’ll always tell you about the best deals!
60,000 points is worth $750 in travel when redeemed through the Chase Ultimate Rewards travel portal. And potentially much more if you transfer them to airline, hotel, and rail partners.
What’s the Deal?
Link: Chase Ink Plus
You’ll earn 60,000 Chase Ultimate Rewards points after you spend $5,000 in new purchases in the 1st 3 months of opening your account. And you’ll get:
- 5 points for every $1 you spend at office supply stores and cellular phone, landline, internet and cable TV (to a maximum of $50,000 in combined purchases per account anniversary year)
- 2 points for every $1 you spend on gas and hotels
- 1 points for every $1 you spend on everything else
- No foreign transaction fees
- Points never expire and can be transferred to United Airlines, Singapore Airlines, British Airways, Virgin Atlantic, Hyatt, Marriott, IHG, Ritz-Carlton, Korean Air, and Southwest
The annual fee of $95 is NOT waived for the 1st year. But I’ll gladly pay $95 for 60,000 Chase Ultimate Rewards points!
That said, some folks report getting the 60,000 mile offer in their Chase branch with the annual fee waived for the 1st year. So it’s worth checking if you have a branch nearby.
Even if you don’t think you have a business, you can still apply. Many folks qualify for business cards even though they don’t realize it! If you sell items on eBay, provide childcare for others, have a blog, or are just starting your business, you could be eligible.
And you’re not required to have a business EIN (Employer Identification Number) to qualify for the card. You can apply as a sole proprietor using your SSN.
The Chase Ink Plus was once a MasterCard, but is now issued as a Visa. Folks report that the Visa cards are considered different products, so it may be possible to get the Visa version of the Chase Ink Plus.
And you’ll get additional discounts through the Visa Savings Edge program.
What Can You Do With 60,000 Points?
Emily and I have gotten lots of Big Travel With Small Money using Chase Ultimate Rewards points!
Chase Ultimate Rewards points are worth 1.25 cents each when redeemed for travel on the Chase Ultimate Rewards travel portal. So 60,000 points is worth $750 in travel when used this way.
But you usually get more value out of Chase Ultimate Rewards points when you transfer them to airline, hotel, and rail partners, like Hyatt, United Airlines, or Southwest.
60,000 points is more than enough for:
- 2 domestic coach round-trip award tickets on United Airlines (with 10,000 miles left over)
- 2 nights at a top-tier Hyatt, like the Park Hyatt New York
- ~$858 worth of Southwest airfare (60,000 points x ~1.43 cents per point)
That’s a lot of travel from just 1 credit card sign-up bonus!
And the Ink Plus is of 1 of the 3 cards (Sapphire Preferred and Ink Bold are the others) that allow you to combine all your Chase Ultimate Rewards points together to transfer to partner airlines and hotels.
Until March 1, 2015, the sign-up bonus on the Chase Ink Plus card has increased to 60,000 Chase Ultimate Rewards points after you spend $5,000 in new purchases in the 1st 3 months of opening your account.
We don’t earn a commission from the increased bonus offer, but Emily and I will always share the best deals with you!
You can use the points for $750 worth of travel through the Chase Ultimate Rewards travel portal, or transfer them to airline, hotel, and rail partners for even more value.
What would you do with 60,000 Chase Ultimate Rewards points?