The Offer
- Signup for the INK Plus business credit card from Chase and receive a 60,000 point bonus after spending $5,000 within the first 3 months
- Signup for the INK Cash business credit card from Chase and receive $300 bonus points after spending  $3,000 within the first 3 months
The Fine Print
- INK Cash has no annual fee
- INK Plus has a $95 annual fee, not waived the first year
Our Verdict
The standard bonus is 25k on the Cash and 50k on the Plus with the annual fee waived for the first year. The Cash increase is a straight up extra 5,000 points while the Plus increase is an extra 10,000 points for the cost of the $95 annual fee which isn’t waived under this offer. That’s a good deal but not huge.
Note that in the past it was possible to get the 60,000 point bonus in-branch with the annual fee waived for the first year; you can try seeing if that offer is available now in-branch as well. It’s also worth noting that in the past there have been 70k INK Plus offers for in-branch applications.
In previous INK bonus increases, it was possible to get the higher bonus using a referral link as well (which would net the referrer a 5k bonus as well), but Demflyers reports that this isn’t working this time and the referral link on the INK card is still just the regular 50k.
HT: Frequentmiler
Churners Note
It’s important to remember  that Chase has been cracking down on credit card churners and they typically won’t approve for the Sapphire or Freedom cards someone whose credit reports shows more than 5 new credit cards within the past 24-months, see Chase Credit Card Churning – Living with the New Reality.
With regards to the INK cards the rules appear to be more relaxed and it may be possible to get approved. The advice usually given is not to call in if your application goes into pending; just wait it out and you may get approved despite numerous new accounts. (Once you get a denial in the mail it can’t hurt to call in at that time, but don’t call in before they rendered a decision unless they tell you to.)
Things to keep in mind when applying for a Chase credit card:
- Chase will match you for the higher signup bonus if you recently applied at a lower bonus if you recently applied for the 50k/25k offers, send them an SM to get a match
- If you apply for multiple Chase cards in one day, the hard inquiries will be combined including personal and business cards
- Chase will expedite your cards with 1-2 day shipping, just ask them
- Chase reconsideration numbers
- 21 Things Everybody Should Know About Chase
