Update: This deal has now expired. All links revert to the original 50,000 point offer.
[Application link: Chase Ink Plus (Business)]
60,000 Ultimate Rewards points are available for a limited time with the Chase Ink Plus credit card. This immediately rates as the best deal out there - the offer ends May 25. Here are the details:
- 60,000 Ultimate Rewards points after spending $5,000 in 3 months
- $95 annual fee
- 5 points per $1 spent on office supply, cell phone, landline, internet and cable services
- 2 points per $1 spent on gas and hotels
- 1 point per $1 spent everywhere else
- Ultimate Rewards benefits (transferable to major airlines/hotels, 20% discount when booked through Ultimate Rewards, exclusive offers, etc.)
- No foreign transaction fees
- Approval difficulty: Hard (700+ credit score with good income)
- Churn status: Moderate (can be reapplied for after 24 months)
As I said above, this immediately becomes the best points offer currently on the market and one I highly encourage you to apply for, even for the smallest of businesses. There are a few reasons I recommend this so strongly: Chase has among the best customer service out there for a national bank, their website and mobile application are top notch and they have physical branches everywhere (for the rare time you actually go in). But the #1 reason that this is one of my top cards is the flexibility of the Ultimate Rewards platform. Transfer partners include major airlines like United, Southwest and British Airways, and major hotels like Hyatt, Marriott and InterContinental Hotels Group (IHG). See a list of benefits and travel partners below.
In addition to transfer partners, the Ultimate Rewards platform has their own built-in tool to book travel. And when you use the platform you receive a 20% discount on your points, so a $1,000 booking (100,000 points) would cost 80,000 points. I haven’t used the booking tool much as I’ve typically found better use of the miles by transferring to airlines or hotels. But that isn’t always the case and the added option is a big selling point. As a final note, booking through their internal tool will still allow you to earn frequent flyer miles on the airline – so you can use miles to earn miles.
The main reason you won’t apply? You don’t think you have a business. My take: at the very least, look at my top 5 mistakes to avoid when applying for a new cardto see why that may not be the case. These 60,000 points are up for grabs if you have any form of alternative income that could be considered a business. As a reminder, having a business with as little revenue as a few hundred dollars – combined with the usual high credit score, solid income, and low debt – can result in an approval.
Photos credit to Chase.