Update 4/15/21: This offer has been sent out again, unsure of end date. Hat tip to Elef S
The Offer
No direct link to offer, target offer sent out via snail mail
- Chase is offering a bonus of up to $2,000 on the Chase Ink Business Unlimited. Bonus is broken down as follows:
- Earn $500 after spending $3,000 in the first three months of account opening
- Earn $1,500 after spending a total of $50,000 in the first six months of account opening
Card Details
- No annual fee
- Card earns 1.5x points on all purchases
- Chase 5/24 rule does apply to this card
Our Verdict
If you spent a total of $50,000 you’d earn $2,000/200,000 points from the sign up bonus and then another $750/75,000 points from the standard 1.5x earning rate. Works out to be 5.5x per dollar spent. Great deal if you’re a big spender and can hit the minimum spend requirements. Standard bonus on this card is $500 after $3,000 in spend.
Hat tip to Walter Credit
- Update 11/17/20: This offer has been sent out again, unsure of end date. Hat tip to 1DarkShadowBlade.
- Update 7/15/19: Another round of these has gone out. Not sure what the end date is this time. Hat tip to URtheoneforme
Can I walk into a Chase branch and apply with a BRM?
Im looking for better redemption rates for UR points earned with an ink card. Would I be able to transfer UR points from Ink business card into personal sapphire card, if I open one? or other ideas? thanks!
Yes you can transfer them for sure.
William Charles, this needs an update. Standard offer is now $750/$7,500
This needs an update in the form of verification in the form of a photo.
The news last fall was not a mail offer at all. Somebody received that offer in branch from a BRM.
Will chase match 750/7.5k/3mo to the 2k/50k/6mo offer if the Ink card is already opened? William Charles
Only way to know is to try
Haven’t actually opened it yet. Debating whether it’s worth the risk to try to stack this with referral.
For those interested, this is still available through BRM.
Do they need some invite code or can I just ask for the offer?
William Charles According to the poster it is only through a BRM. I just confirmed with my BRM that I have the 125,000 offer for 50k spend on top of the 75,000 offer for 7.5k spend for the Ink Unlimited yet I have not received anything in the mail.
I came here to say the same thing. People should not get their hopes up when opening their mailboxes. Call it an in-branch offer for people with a business relationship.
With estimated tax payments this is doable. Getting targeted and being under 5/24… that’s the challenge.
Must be nice to have 50k worth of estimated tax payments.
After hitting the signup bonus you’re left with the decision of whether or not doing an additional 47k for 1.5k cashback bonus. That actually works out to be ~4.7% cashback including the 1.5% base rate and the bonus.
4.7x (+3.2x) is not great, because it’s a low return for a SUB and you need to hit the $47k. 4.7x on ANY amount of spend would be good but still nowhere near the typical 10-20+% returns of a new SUB. The only saving grace is that this deal is on a single card.
For a single card usually it’s 50,000 points with 5K spend.
50K spend on few cards can generate 500,000 points or $5000 equivalent approximately.
This $2000 doesn’t sound attractive at all requiring such a huge spend…….
DoC – I got the impression from last time that this was – highly – targeted?
It’s a beast of an offer, but probably irrelevant to almost everyone. I would be tempted to give it a shot if I got the mailer.
Would be worth checking with a BRM.
It’s not irrelevant to those of us with a business. You know, the type of client that Chase wants to attract with this card. I did a similar offer with Cap 1 Spark before. The bigger problem is that Chase has been stingy with their CL lately, so $50k spend may require cycling numerous times, which Chase frowns upon.
I didn’t make myself clear, I guess. Chase likes me just fine as a client and the total spend isn’t the issue in my case. It’s irrelevant if this is targeted in a way that very few folks actually get the offer.
You’re suggesting that if Chase approved you for the card, it would probably keep the CL so low that you couldn’t get the SUB w/out a lot of cycling? That doesn’t make much sense.
Why doesn’t that make sense ? Happens all the time. We had a 3k limit on the 7.5k spend offer for the chase Ink Unlimited. And I’ve had two cards with only 1k limits on 3k and 5k spend requirements on my recent USB cards.
SWEET BABY JEBUZ