Update: The credit card links are now changed to all reflect the 50K offers.
I posted a couple days ago that new sign-up offers are now available directly from Chase for the various credit and charge cards in the Chase Ink family. For the most part, this is really good news because the minimum spending requirement to get the full 50,000 Ultimate Rewards points on the Ink Plus Business Card and Ink Bold Charge Card has reduced from $10,000 within three months, to $5,000 within three months. This brings it into a more attainable range for many people.
However, the new sign-up offers aren’t 100% good news for everyone, especially given some of the developments in the miles and points world over the weekend that may make hitting spending requirements slightly more difficult than it was even a few days ago. While it is now theoretically 50% easier to get the full 50,000 point bonus, you will get no bonus points with the new offer if you can’t meet the spending requirement. The old offer awarded 25,000 Ultimate Rewards points on the first use of the card, and the second 25,000 points after hitting the $10,000 spending requirement. If you are not able to hit a $5,000 spending requirement on the new offer then you don’t get any sign-up bonus points. Because of that, the old offer may suit some people’s spending habits better.
Additionally, the Ink Cash Business Card and Ink Classic Business offers are also becoming more attainable with the spending requirement dropping from $5,000 to $3,000 in the first three months, but the total bonus itself is also decreasing from 25,000 points to 20,000 points. The old offer awarded 10,000 points on first purchase and 15,000 additional after spending $5,000 in the first three months. The new offer awards 20,000 points after spending $3,000. So, the old offer on those cards may be better for some people as well.
My own affiliate links are scheduled to still display the old offers until some time on Tuesday, so if you think that one of the old offers will better suit your needs, you still have a little bit of time to apply. After that time I must delete links to the old offers, and will then have the new offers with the reduced spending requirement. If you want to get in on the “new” reduced spending requirement offers right now, then head to the Chase website to apply.
Whether obtained under the old or the new offer, the Chase Ink Bold and Chase Ink Plus remain my absolute favorite rewards cards on the market. Being able to earn 5x Ultimate Reward points for cell phone, cable, landline phone, internet, and at office supply stores continues to be a very easy way to earn lots of Ultimate Rewards points each month without even having to try very hard. You currently have a unique opportunity to have access to both the old and new offers at the same time, so decide which one (if either) makes the most sense for your family.
Disclosure: I do receive a commission if you are approved for a card using one of my affiliate links. I do not get a commission if you apply using the Chase site. Either way, congrats on getting a great card, and thanks for your support.