November 12th, 2012
Update: These changes will happen tomorrow morning.
If you want the better expiring 25K Ink Classic or Ink Cash bonus offers, or if you want a business card offer that gives points after the first purchase, or if you want to attempt a double bonus you’ll want to apply now. Otherwise my links will be updated at some point tomorrow with the new offers, as described below.
Originally posted on 11/10:
I recently wrote about the advantages to using business cards over consumer cards and how anyone can get a business card.
On Tuesday my Ink links will switch over to new offers, as follows.
Currently my links for the no annual fee Ink Classic and Ink Cash cards offer 10,000 bonus points after your first purchase and another 15,000 bonus points for spending $5,000 in 3 months.
On Tuesday that will change to 20,000 points for spending $3,000 in 3 months.
So with those cards if you just want to spend $1 or if you can do $5,000 in spending you will want to apply by Monday to get in on the current offer as you will be better off the way it is now.
If you can hack $3,000 but not $5,000 you’ll want to hold off for sometime on Tuesday when they switch over.
Currently my links for the premium cards with $95 annual fees (the fee is waived for the first year), Ink Bold and Ink Plus offer 25,000 bonus points after your first purchase and another 25,000 bonus points for spending $10,000 in 3 months.
On Tuesday that will change to 50,000 points for spending $5,000 in 3 months.
So with those cards if you just want to spend $1 you will want to apply by Monday to get in on the current offer.
If you can hack $5,000 of spending you’ll want to hold off for sometime on Tuesday when they switch over.
If you have already applied for the current offer and want the new offer then you can call Chase and ask them to send a request to their marketing department to be matched to the new public offer. They should send you a letter confirming the match. This method usually works for better for matching than sending a secure message. If you do send a secure message you will probably have to resend the request and ask for it to be looked over by a supervisor who can approve a match to a public offer. It may help to wait until Tuesday when the new offer is implemented systemwide, including in their retail branches.
I signed up myself for 3 Chase business cards via 3BM last week and got all of them approved already via Chase Business Reconsideration (800-453-9719) by shifting around credit lines, so I’ll update how that matching works for out for me. There was just 1 credit pull made.
Need help meeting a spend hurdle? Don’t forget that you send $1,000/month via your credit card to anyone for free via Amazon Payments. And they can send it back to you via their credit card or via a 3rd party who can put $1,000 on their card and send it back to you.
And of course you can stock up on gift cards to stores like Amazon or just a prepaid credit card (prepaid credit cards carry a fee of about 1%) at office supply stores on Ink cards and earn 5 miles for every dollar you spend. At a value of about 1.9 cents per Ultimate Rewards point that’s like a 9.5% rebate. Office supply stores like Office Max, Office Depot, and Staples all have large gift card sections and they even have occasional weekly promotions to buy gift cards, so check your Sunday circulars.
Don’t have the money right now to pay off all those gift cards that you’re stocking up on to meet a spending threshold? Obviously don’t spend more than your needs, but all of the Ink cards besides the Bold card have 6 months of 0% interest on purchases (and balance transfers) and as a business card that balance won’t even show up on your credit report, so it won’t hurt you like it would on a consumer card! Just be sure that you’ll have the funds to cover your purchases in 6 months before they start charging interest. And of course you will have to make the minimum payments as well.