Update: The final page of the application now shows this language.
Chase currently offers two Chase Ink business cards:
- Chase Ink Cash ($300 sign up bonus after $3,000 in spend)
- Chase Ink Preferred (80,000 points after $5,000 in spend. Keep in mind this 100,000 offer also doesn’t include the 24 month language according to readers)
Normally Chase offers contain the following language:
If it’s been more than 24 months since you’ve received a sign up bonus for a card then you’re eligible for the sign up bonus again
Currently when applying through the Chase site (referral links do contain this language), these cards do not contain that language. That means if you’ve received the bonus within the last 24 months you should still be able to get the bonus on this card. Keep in mind that the other restrictive Chase rule (5/24) still applies to this card, so most people still won’t be eligible.
This is actually huge if you’re under 5/24 though, not only can you get the bonus again but as these are Chase business cards they do not count towards your 5/24 total. Keep in mind that you won’t be approved for the card if you already hold it and it’s usually a good idea to wait between closing and opening a new account. I’d also recommend double checking to ensure this language hasn’t been added before applying.
Hat tip to /r/churning
View Comments (20)
Does in branch pre approval contain 24 month language?
I received the 100k offer in branch today
I noticed on Andrew's screen shot that it says that you cannot use this card for personal expenses. Is that true? I wanted to use this for a trip. How would they know whether its family or business?
Looks like this post is not true. If you actually do an app for the CIP, on the final screen it lists a number of certifications you must complete. Among them is the following:
"I understand that any new cardmember bonus offers for this product are not available to either current or previous cardmembers of this product who received a new cardmember bonus for this product in the last 24 months."
In this instance, cardmember is clearly the individual, not the business.
Updated post, that wasn't showing before.
Here's a link to a screencap of the app: http://i.imgur.com/TOk4qJ8.png
Did you use a link from the regular Chase site or a referral link?
Regular Chase site.
all CHASE (not co-branded) cards;
if you get approved you get the bonus
My referral link doesn't contain the 24 month language. I clicked a couple of links via ranked and they also don't have the 24 mo language on them. Unless I'm blind, might want to update
Data Point: Chase will approve you for more than one CIP as long as they are for different businesses. 1 CIP Approval in February and 1 approval in May for CIP for a different business w/ different EIN.
DP: Applied for in branch Ink cash 500 offer. At 5/24. got approved.
Chase ink preferred does not count in 5/24? Then why you need to be under 4/24?
It does not count towards your 5/24 total. The rule still applies to the card though.
That's great! BUT, a word of reminder for all (like me) that are expecting their referrals to post sometime in the near future. If we close our Ink Preferred cards now in order to apply again for it, I think we won't get the generous bonus :/
I guess we can't get it all...although we are obligated to try!