Chase Offering 75,000 Points On Ink Cash And Ink Unlimited (Highest Welcome Bonus Ever)

Over the past several weeks, we’ve seen several banks add additional perks to already lucrative cards. We’ve even seen several banks even offer increased welcome bonuses.

Well, we can now add two more Chase cards to that list…

$750 (OR 75,000 UR POINTS) ON TWO CARDS

Chase just increased the welcome bonus on two, no annual fee business credit cards – the Chase Ink Business Cash and the Chase Ink Business Unlimited.

Both cards offer different perks so let’s look at them individually… 

Ink Business Cash Credit Card – You will earn a $750 cash back welcome bonus on this card after you spend $7,500 on purchases in the first 6 months after account opening.

Return On Spend: 5% cash back on the first $25,000 of combined purchases per cardmember year on office supply stores, internet, cable TV, mobile phones, and landlines. Additionally, 2% cash back on the first $25,000 of combined purchases per cardmember year on restaurants and gas stations.
Ink Business Unlimited Credit Card – You will earn a $750 cash back welcome bonus on this card after you spend $7,500 on purchases in the first 6 months after account opening.

Return on spend: unlimited 1.5% cash back per dollar spent on every purchase.

BASICS OF THE INK CASH & INK UNLIMITED

These two cards are considered separate products, so you’re eligible to apply, obtain both welcome bonuses, and hold both the Ink Cash and the Ink Unlimited.

BONUSES MARKETED AS $750

On the surface, both the Ink Cash and Ink Unlimited are simply cash back cards and points can be redeemed for a penny each.

In other words, if you have either the Ink Cash or the Ink Unlimited and DO NOT have any other Chase Ultimate Reward points earning card, when you meet the minimum spend on the Ink Cash or Ink Unlimited, it will be reflected in your Chase account as 75,000 points. If you decide to redeem the 75,000 points for statement credit, travel purchase, or gift card, you’ll get a penny of value per point, thus 75,000 points = $750.

However, it is possible to get much more value out of these that initial welcome bonus.

OBTAINING MORE VALUE FROM INK POINTS

The great news is that you can do significantly better than one cent per point if you have one of the three following cards that earn Ultimate Rewards points:

Chase Sapphire Preferred Card – This is my favorite beginners travel rewards card and it currently has a welcome bonus of 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening.
Chase Sapphire Reserve Card – The current welcome bonus is 50,000 points after you spend $4,000 on purchases in the first 3 months from account opening.
Ink Business Preferred Card – The current welcome bonus is 100,000 points after you spend $15,000 on purchases in the first 3 months from account opening.

POOLING POINTS

This is where it gets good! If you have one of the three aforementioned cards you have the ability to transfer and pool your points across cards.

For example, you can move your points from the Ink Cash to the Chase Sapphire Preferred Card (and vice versa) or the Ink Cash to the Chase Sapphire Reserve Card (and vice versa).

That move alone increases the value of your points by 25-50%, and you can potentially get even more value out of your points by transferring them to one of the Ultimate Rewards airline or hotel partners (which is my preferred redemption).

EXAMPLE EXAMPLE EXAMPLE

Let’s say that you already have the Chase Sapphire Preferred card in your wallet and have obtained the current 60,000 welcome bonus.

Let’s now say that you applied and obtained the welcome bonus for the Ink Cash card ($750). You could:

  • Move the 60,000 Sapphire points to the Ink Cash card and “cash out” $1350 ($600 + $750) or;
  • Move the $750 from the Ink Cash card to the Sapphire and have a (minimum) total of 135,000 points (60,000 + 75,000)

FINAL STAMP

The ability to redeem your points towards a travel purchase has the potential to be exciting but what I’d be most excited about is the ability to transfer the points at a 1:1 ratio to any of Chase’s airline and hotel partners, which wouldn’t be possible directly from the Ink Cash or Ink Unlimited.

Personally, I think the Ink Cash and the Ink Unlimited have the best welcome bonuses of any no annual fee credit cards, assuming you know how to redeem them. While a $750 bonus is good, 75,000 points and being able to transfer points to a travel partner, is even better.

Pro-Tip: Chase points transfer to travel partners at 1:1 therefore…
75,000 Chase Points = 75,000 United Miles
75,000 Chase Points = 75,000 Hyatt Points
75,000 Chase Points = 75,000 British Airway Miles

…so you may want to re-read THIS BLOG, THIS BLOG, OR THIS BLOG again.

Are you planning to apply for either Ink card?

p.s. If you’re wondering if you can apply for a Business card, yes you can! …READ THIS.

Let’s get straight to the point…some of the links on this site pay 1TattedPassport a referral bonus for anyone that is approved. For our complete advertising policy and details about our partners, please click HERE. Although using the links are completely optional, we are eternally grateful when you do.

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