As I mentioned last week, Chase has adjusted the terms of the sign-up bonus for the Chase Ink Bold card on their website, whereby the minimum spend requirement to earn the 50,000 Ultimate Rewards points went from $5,000 in three months to $10,000 in three months, as seen below:
Affiliate links, like mine, continued to show the lower minimum spend requirement of $5,000. Unfortunately, though, I’ve just received word that our links will be deactivated at 10AM ET tomorrow.
If you’ve been thinking about getting the card, this would be a great time to do so. I doubt we’ll see the sign-up bonus go any higher than 50,000 Ultimate Rewards points in the near future, and Ultimate Rewards points are arguably the most valuable points currency out there. They can be transferred to United and Hyatt, as well as several other airline and hotel partners.
Just keep in mind this is a business card, which can actually work to your advantage, since Chase has no problem approving a personal and business card on the same day or in close succession (sometimes they don’t have a problem approving multiple personal applications either, but it seems to vary).
The card offers 5x points on business expenses (office supply stores, and on cellular phone, landline, internet, and cable TV services) and 2x points on gas and hotels. Furthermore, the card comes with no foreign transaction fees. So the card actually complements the Chase Sapphire Preferred® Card very nicely, which offers double points on dining and travel. Between the two cards you have bonus points covered for dining, travel, gas, and businesses expenses.
Lastly, it’s worth keeping in mind that Chase rebranded the Ink Bold card last November, changing up some of the benefits. As a result, if you applied before then you can actually apply for the card again and once again earn the bonus. I’ve actually been lazy and haven’t applied for the new Chase Ink Bold card yet (since I assume they might make me cancel my old card), as I still have the old one from before they switched it over. So I’m applying today as well.
(In the interest of full disclosure, I do earn a referral bonus for anyone that signs up through the above links. It’s the best available offer, and of course I’m very appreciative of your support, regardless of whether or not you use my links)