Huge 160K Bonus for Chase Ink Preferred Card
We have seen some big bonuses in the past for the Chase Ink Preferred card, such as 100K and even 120K. But now there’s a new highest ever bonus that was sent out by mail to some people, as Doctor of Credit reports. The offer is not for everyone, as it requires a huge amount of spending. But if you’re able to spend that $50K that is required, you could end up with an extra 210K points or even more, in your account.
- Earn 80,000 BONUS POINTS after you spend $5,000 on purchases in the first 3 months from account opening.
- Plus an additional 80,000 BONUS POINTS after you spend $50,000 on purchases in the first 6 months from account opening.
$95 annual fee not waived. Offer valid until December 2nd, 2019.
- Earn 3 points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year:
- Travel, including airfare, hotels, rental cars, train tickets and taxis
- Shipping purchases
- Internet, cable and phone services
- Advertising purchases made with social media sites and search engines
- Earn unlimited 1 point per dollar on all other purchases
- Cell Phone Protection — up to $600 per claim
- No foreign transaction fees
- Employee cards at no additional cost
Applying for the Card
Chase business cards do not report to your personal credit report, so will not affect your Chase 5/25 status. But, this card falls under the 5/24 rule itself, so it will be out of reach for many people. Even if you received the offer, you still can not get around this rule.
The regular offer for the Chase Ink Preferred Business Card is 80,000 Ultimate Rewards points. This targeted offer includes that bonus, but it also gives you the opportunity to earn another 80K if you can manage to spend $50K within six months. That’s a pretty good deal, especially if some of it is in categories that earn 3X. That’s a similar structure to the new Capital One Spark bonuses that give you $2,000 or 200K Capital One points instead.
Anyone got this offer in the mail?