It’s my understanding that the new Chase Ink Preferred card will be launching tomorrow and the Chase Ink Plus card will be discontinued. If you’re interested in picking up a Chase Ink Plus, then I’d do it now. Just keep in mind that the Chase 5/24 rule applies to the card, so most people won’t be eligible.
I suspect it’ll still be possible to product change to this card (as that’s still possible with the regular Chase Sapphire card that was discontinued a long time ago), so the play for some people would be to get the Chase Ink Preferred for the 80,000 point sign up bonus and then try to product change to the Ink Plus for the 5x points at office supply stores.
Also remember that when the Chase Ink Preferred does launch, the annual fee will be waived in branch (and not online). Going in branch will also give you a chance to look for pre-approved offers, these bypass the 5/24 rule and you can read more about this here.
