Chase currently has two increased business credit card offers in the branch:
- Chase INK Preferred 100,000 In-Branch Offer Starting March 12 [Update Inside]
- Chase INK Cash $500 In-Branch Offer Starting March 12 [Update Inside]
The problem with both of these offers is that they are supposed to be for business managed clients. To be considered a business managed client, you need to have an assigned Business Relationship Manager (I believe this requires business revenue of at least $500,000, but possibly six figures is required).
Unfortunately this means most readers won’t be eligible but reader A B found a work around. It seems the bonus works in two ways:
- If you’re a business managed client you can sign up through any banker and receive the bonus as your account is tagged as BMC.
- If you apply through a Business Relationship Manager you’ll get the increased bonuses even if you’re not a business managed client as it has them as the one originating the application.
Business Relationship Managers have that title on their business card, not every branch has one of these managers but you might be able to call ahead to make an appointment with one. As you can see from the disclosure below, reader A B was able to successfully get the bonus attached to their account by doing this. As always, your mileage may vary.
Keep in mind these cards are subject to the Chase 5/24 rule. If you’re thinking about applying, make sure you read through these things you should know about Chase first. Also remember the annual fee on this card is no longer waived in the branch.
Chase Private Client customers can also get a 60,000 point offer on the Chase Sapphire Reserve (everybody else is limited to 50,000 now).
Tried applying in-branch. Met with a BRM a couple days ago, I was told I was pre-approved, and in the end I got denied (8/24). It’s an online application. I forgot about the Paper/Email Application earlier.
I reached out to the BRM again, this time he sent me a DocuSign application. Giving it a 2nd try now. Will probably get another Hard Inquiry. Bummer. Will update if in the end I get approved/declined again.
Please update us on this. Thanks!
I submitted my DocuSign App last Friday, so it’ll probably take a few days at least till I hear back. Many recent data points show that DocuSign Apps don’t bypass 5/24 anymore so I don’t want to get my hopes up.
Plus, in addition to being 8/24 or 9/24, I have so many inquiries in the past 6, 12, and 24 months.
But will definitely update once I hear back.
Any update?
I’m leaning towards getting the Chase Ink Preferred for business, and will call tomorrow to make an appt with a BRM. Also considering the Chase Freedom Unlimited card for the cash back as a business card as I use credit a lot for inventory purchases online. Just trying to decide the best one to get now that I’m under 5/24. Have Discover and enjoying the 5% back now (only up to $1,500 I believe though).
Just hope they won’t hold it against me for closing a bank account with them 6 mths ago..
She will call reconsideration. For now my friend was rejected in Branch application with the Business Relationship Managers. Only 5/24 the letter stated too many accounts were opened within 24 months!
Is it true? They said they cannot reconsider the application because too many cards were opened within 24 months (5/24)
Still works with Business Relationship Manager! Approved 100,000 points!
NYC – they pulled experian even so it was frozen, they told me to lift it, I asked if they can pull other bureau, they said they randomly make first pull – and after that you must lift the bureau that they firstly tried to pull from (Maybe CSR just making it up?!)
Have business checking! Approved for $25,000. 4/24. Got pre-approval in branch.
Thanks for the tip, I can confirm the 100k bonus worked for me! I did have to schedule an appointment with a Business Relationship Manager as mentioned.
What is the likelihood of Chase opening a second business card? I currently have an INK+ card. Also not under 5/24 yet so I would likely have to wait for that or hope for pre approval in branch, but I am far from a branch and it may not even work.
Pretty good. I have gotten several 2nd Chase Biz cards while having a 1st Chase Biz card open. Usually they were for a different business.
But you cannot get bonus again on the same card if you already got bonus within 24 months? Let’s say I got INK CASH card and 50,000 points, then apply and approved for another INK CASH in 8 months, will I be eligible for 50,000 bonus points again?
Confirmed receipt of 100k bonus via Chase SM yesterday. No prior business relationship with Chase (although I do have several personal cc’s through them), $5k annual business income. Lady in branch sent application to her BRM after I asked her about the higher offer.
DP: opened a Chase prem+ account for $300 bonus, asked about CIP 100K, was referred to BRM who was absent that afternoon. She calls me in next day, asks for my EIN (as proof of biz), applies for card with 100K. No idea about 5/24 cause I’m nowhere near. I’m assuming you need EIN? She also asked for proof of gross so I brought in my biz tax filings.
DP – I was targeted with the 100k offer when I went in branch yesterday. My normal banker had to refer me to the BRM on duty but he was very much willing to check for me. To his surprise, I was targeted and eventually approved via a call into Chase recon. Through the conversation, he did tip me off that the 100k offer was to go public in a few days as well. This banker that helped me was also a points/miles enthusiast.
Note: I do not generate anywhere near the level of revenue or volume required based on the normal Business Managed Customer requirements.
Are you post 5/24?
No I was at 4/24 before applying yesterday.
Dave what’s your business revenue? thanks
Does this mean, even “pre-approved in the branch” applications are getting rejected (which required you to call Recon?)
There’s more than one “pre-approval” in branch. Sometimes it’s not a true pre-qual, and sometimes it’s just a “you’re invited to apply” which means nothing. If the banker tells you it’s a fixed rate (prime + 20%) it’s a true pre-qual. If it’s a range, like 20-30% and sometimes it will say +prime, then it’s not as much of a sure thing as the fixed rate is.
Thanks, fingers crossed it goes public.
Looks like someone else is also getting info that this may be going public soon…
https://www.reddit.com/r/churning/comments/61dlvu/chase_ink_preferred_100k_bonus/
This is really interesting – your experience, with the banker alluding to an imminent public 100k offer, is the only such data I’ve read to that effect (and it would be awesome if it did happen). Did the banker give any amount of detail?
Thanks for the Hope-ium. My Man goes 4/24 in a few weeks. Fingers crossed the 100k goes public. For once that Damn Chase Rule might work in our favor – forced us to wait for a better offer! He was denied the Sapphire Reserve 100k, because of the Damn Rule.
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That’s because we’re the customers 😉 And I wouldn’t have it any other way, I love this site.
$10k/year?!?!