Deadline for Ink Plus and Ink Bold increased sign up bonus is May 31st

Word is out that the increased sign up bonus for the Chase Ink Plus and Ink Bold business cards is May 31st, 2014. The usual bonus is 50,000 points after spending $5,000 within the first 3 months of card membership, but for limited time the sign up bonus is 60,000 Ultimate Rewards points, so if you were planning on getting the card, the time is now. The annual fee is waived for the first year.

Ink-cardsUltimate Reward points are very valuable, as they are flexible points that transfer 1:1 to several programs, including United, Marriott, British Airways, Hyatt, Southwest, IHG, and now even Singapore Airlines’ Krisflyer program, among others. I get a lot of points off this card every month by leveraging the 5x per dollar spent at office supplies stores by purchasing many gift cards at Office Depot, Office Max and Staples. For instance, I have a Southwest flight coming up that cost me $434 roundtrip. Instead of paying for the flight with my Sapphire Preferred card and earning 2 points per dollar (868 points), I went to Staples, bought $400 worth of Southwest gift cards, paid with my Ink Plus card and earned 2,000 Ultimate Reward points for using the card at an office supplies store, plus the additional 68 points I earned from paying the remaining $34 balance with my Sapphire Preferred card. So I earned an additional 1,200 points on the same transaction just by taking advantage of the 5x bonus category spending.

You can get this card even if you don’t have a “real” business, as we describe in this prior post.

Remember that the Chase Ink Plus and Ink Bold cards are considered different products for purposes of the sign up bonus, so you can still get in on this offer if you have only one of these cards by getting the other. The only difference is that the Ink Plus is a credit card (you have the option to pay over time, although not recommended) and the Ink Bold is a charge card (you must pay the balance in full each month). You can apply directly with Chase if you’re interested in getting this offer.

 

Disclosure: We do not receive any form of commission or other compensation if you are approved for any of these cards using the link above, which is Chase’s own credit card public link.

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