Update: According to the official media team with Chase, this will be a targeted offer.
I’ve included rumor in the title out of caution, but this information is pretty firm.
Chase will be increasing the signup bonus on the Ink Preferred from 80,000 Ultimate Rewards points to 100,000 UR points sometime in the next five months (either this quarter or the next). The specific timing of the change is uncertain and subject to change, but the earliest potential starting date would be in late February.
There’s no reason to think that the Ink Preferred’s 5/24 status will be changed, so most of us are still SOL outside of in branch pre-approvals that avoid 5/24 (which do work for business cards–but you almost certainly need a Chase business checking account).
If you are not subject to 5/24 and are considering signing up for the Ink Preferred soon, it might be worth your while to hold off just a tad and see what further information pops up. For those that recently applied, it’s worth remembering that Chase are usually good about matching higher sign up bonuses (normally, it needs to be within 90 days though). So fingers crossed it’s increased sooner rather than later. We’ll keep you updated with any further news.
You can read our review of the Ink Preferred here. You can drop comments & questions below.
h/t extremely reliable, but anonymous source

