Important update: These offers will be available to business managed customers, these customers are managed by business relationship managers and as such most readers will NOT be eligible for these offers.
The Offer
- Beginning March 12, the signup bonus on the Chase INK Cash will be $500 after spending $3,000 within three months.
This change is for branch applications only. The online offer will remain the same at $200 or $300.
[Image removed at the request of Chase]
Card Details
- No annual fee
Card earns at the following rates:
- 5% cash back on the first $25,000 spend in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year
- 2% cash back on the first $25,000 spend in combined purchases at gas stations & restaurants
- 1% cash back on all other purchases
Our Verdict
The INK Cash is on-and-off at $300 in-branch, but a $500 offer is very rare for a no-annual-fee card. This is the first time I recall a public offer at that rate, though it’s limited to branch-only applications.
Note the picture above indicates that the $500 offer will be a targeted offer only available to Business Managed customers. I’m pretty sure (but not positive) this just means that you’ll need a dedicated business banker to get the offer for you; not all Chase bankers deal with business products.
Applying in-branch might sound like a drag, but the truth is that for many of use our only hope is to go to a branch and see if we got pre-approved for the card since the INK Preferred card is effected by 5/24. Check out these 23 things to know about Chase credit card before applying.
Also noted in the photo above is that the INK Preferred card will increase on March 12. We wrote about that in a dedicated post. Hopefully, if you go into a branch you’ll be pre-approved for at least one of these cards.
Huge thanks goes to D. who let us know about this. Please send us tips and info to [email protected] or [email protected] or both. Thanks.
