This Is Why You Should Have An Ink Cash Card: 75K Bonus And Earning 5 Points Per Dollar On Amazon+More; Master List Of Gift Cards Earning 5x

By far one of my most valuable cards and one of the main reasons I stick with chase despite the horrific phone customer service.
Great educational post.

Staples in-store currently advertising 25% off Safeway, among others. But no Safeway cards in my Boston-Area store…probably find them on the Left Coast.

For all other purchases it will be 1 point per dollar so effectively it’s better with freedom unlimited for day to do purchases.

Do you get 2x at Costco Gas?

Aside from the Amazon 5% back, is there a reason to get this card if I already have the Chase Ink Preferred?

I downgraded my Biz Ink (annual fee) card to a non-AF card, called 521 or something. Does that earn 5 points per D on Amazon?

Where in the terms and conditions does it state that you earn 5% at Amazon??

You didn’t discuss downside of using giftcard. Purchase protection is always a must have for me, return protection can be useful, and other benefits which you miss out on

How do you get 2 cents out of each mile? is that just with a good redemption?

I have the card but am not getting the 5 chase points per dollar spent on amazon what am i doing wrong?

“You can receive a signup bonus on each type of Ink card once every 24 months for each business that you manage.”
Doesn’t say anything about 24 months in offer terms.

where is 5 points per dollar at amazon ? i only seem to be getting 1 point since forever

Applied online and got denied, can i try somewhere else ?

When purchased gift cards, is it possible for people to somehow hack the numbers and use your gift card? If so, is there anyway to get the money back?

If I got the ink preferred with sign up bonus a year ago will I be able to get the signup bonus on the Ink cash?

I still have two of the Ink Business Plus which gives 5X points up to $50,000.00. Would you agree it’s worth holding on to them as Ink Cash is capped at $20,000.00?

Can i downgrade a Chase ink prefered to a chase ink cash

thanks for the info really helpful! you wrote that with the sapphire preferred card you can redeem 500 points for 750 towards travel how do i do that?

Does the chase portal offer identical pricing and options for airline travel as if I were instead purchasing directly with google flights or other OTAs?

I evaluate The Chase points for 1.25×5=6.5 so I will rather go with the simply cash back from Amex that has a 50K Cap (instead of 25 Cap) and only earn 5% cashback.

Once points are transferred to the Sapphire reserve/preferred, Ink preferred, can the points no longer be cashed out for cash?
I’m not much of a traveller, so trying to think what other value I can get by transferring the points and making them worth more

Hi Dan,

I have an old ink plus, that has a cap for 5% at 50K.

Wondering if it’s worth the $95 AF.

I usually don’t get to 25k.

Are there any other benefits to having the ink plus?

And can I downgrade to the ink cash no AF, or would that require a new application and credit pull?

Thanks!

Or can i open 2 ink cash back cards on the same business? I should have a total of 50k cap

Thanks for the post!
I’m considering between this card and the ink business preferred.
Although the preferred has a $95 AF but for that you get additional 30k points which is worth $300-$450
Interesting, Why do they name it Cash Back if you receive UR like the preferred?

if I downgrade me preferred for an INK cash, can I still apply for the card and get sign up bonus?

if i dont have any business at all(not even selling on amazon) am i allowed to get this card?

Amtrak GC @ Staples.com

Aren’t you getting the same 5% by amazon with the Amex amazon card? without having to buy gift cards?

Hi Dan.
Is it worth to open a business credit card to do balance transfer from a high APR on a personal credit card?
Second q. I opened a Wells Fargo credit card thinking also to do balance transfer and they gave me $1500 max. I spoke to recon 2 times and they say since you are new to us we need to build a relation. Does it sound right?
Thanks for your hard work on helping all of us.

in your points expiration post when you write ba points need 1 point redeemed to extend expiration do member to member transfers under the same household account extend expiration?

Staples sells shell gcs which are great to use in combo with S&S/giant gaspoints

sorry sorry.. just a bit confused.
i’m an avid amazon shopper.. let’s say i but a $500 amazon gift card at staples. get 2500 points. Apply the gift card to my amazon account. Per your post “Those stores sell Amazon gift cards that you can save to your Amazon account and stack together for future purchases.Personally I view that as getting 10% back on my Amazon spending”
Do you get points when you use ur amazon gift card balance?? how are you figuring 10% on amazon spending? (i normally use the amazon card for 5% back)

I actually don’t value these specific spending categories very highly (I don’t spend much on Amazon), and although the 0% apr in this case is highly valuable, for me it’s not.
In my opinion, this card and the ink business unlimited is worth it for the 50k UR points with no annual fee. Other than the longtime Sapphire Preferred offer, that has since changed, this seems like the highest value of points you can get on a no annual fee card.

So the rumors never panned out?
Do you expect them to?
Do you think theh may offer a different benefit to outweigh the possible cutting of 0% APR?

Can someone have more than one Ink Cash cards?

How does the chase ink cash compare to the Bonvoy business card in terms of earning Marriott points per dollar spent? And can the Marriott points transferred from chase be redeemed for all airlines and hotels partnered with Bonvoy?

@Dan Super elementary/random question: If I could earn 2.4% on my savings – what is the detriment to me using this cards, throwing the money in savings and paying it off before the interest starts accruing? I am super organized with my money so I do not think I am at risk of not having the cash and I assume my credit score will recover once the balance is paid in full. Am I missing something?

I got the Ink Business Preffered within the last year(july/august).. My wife has the Reserve.. So would i be able to apply for the ink cash now and then downgrade the ink business when the annual fee hits into the ink business unlimited or just close it as I have the Chase freedom unlimited already… And if the reserve is under my wife’s personal account would i be able to transfer my ink business points to her reserve?

Can I have ink unlimited and ink cash for the same business?

Dan, you say it won’t hurt your credit score, since it’s a business cc, but will it hurt your business credit? What about if it’s sole proprietorship?

can you HUCA the recon department?

If only they had a personal card for us lowly wage-earners.

Hey dan thanks to you i have recently opened a chase business ink cash card and I’m not so great at the organizing aspect and not a big traveller. With that being said if we can’t take advantage of the 5 points per Dollar category would it be better to use the capital one spark 2% cash back ? I have that card also as well as the freedom and downgraded the sapphire few years ago.

Also I’m trying to locate the amazon gift cards from office and staples are they only available at certain retail stores ? Have you had any luck narrowing down certain locations that do? If so how did you locate (aside from just popping in)

Your help is much appreciated.

Another loyal fan bh’

Chag Sameach

JD_thatsme

“If you’re like me and you run more than one business, you can signup for multiple of the same card for each business to manage each businesses expenses separately.”
I own a couple of businesses/LLC’S I opened up a while ago the ink cash card as a sole proprietor in order not to have to mess with the paperwork, how should I go about opening another card for another business, Should I submit with a Business name/Tax Id or personal name/social?

understood that its a much easier application/approval if on social with the paperwork etc.

Thanks I appreciate it, Chag Kasher Vesameach

What does the “account anniversary year” terminology mean? Does that mean you don’t get the bonus points for the first year? Or do you only get them at the end of the year?

Probably worth noting that I purchased an iTunes gift card from Staples today, only to realize that it’s the physical card, and I’m waiting for it to be delivered. The eGift card section on staples’s website does not have iTunes. Not horrible, but good to know.

Foddy! I got the text for this post at the moment i was checking out in staples with $400 Amazon gc’s using my ink card.

If I open this card as Sole Partnership, will I be able to manage it online together with all my other cards or I have to a separate online account for business cards?

I applied at a chase branch for a business card and they refused me because I applied for too many chase cards. To add insult to injury my personal credit got a hard pull. When I called two different times asking why if my business is a corporation did my personal credit get accessed both times I called I was told that only very large companies don’t get their personal credit checked. I’ve been following you for a while and you are very insistent that it is not the case. Where did I go wrong?
Thanks.

Dan with all the respect its nice to get 5 % back on all these stores however if everytime i wanted to buy something i would run to office max my family would starve the thing your not calculating is that this takes a tremendous amount of effort and exhaustion if you focus your mind in the right things you should be able to make more parnassah in the time it takes to do this narish kyten your the best dan and your posts are great for good deals but this one…….

Hi dan you should add quill.com as getting 5%back its like staples and Office Depot.

Probably a bit dense today, but how is 5 points on Amazon card purchases = 10% and not 5%?

“Earning 5 Chase Ultimate Rewards points per dollar on all of your Amazon purchases is pretty sweet! I accomplish that by using my Ink Cash card to buy Amazon gift cards from Office Max, Office Depot, or Staples and then saving the gift cards to my Amazon account where they stack together and never expire. Personally I view that as getting 10% back on my Amazon spending, which makes Ink Cash much stronger than using Amazon’s own credit card for Amazon purchases.”

Staples has a 2k limit if i do it in seperate purchases are they going to cancel the order?

Is this a world card or has overseas charges?

Hi Dan, I was just told by a banker in branch at Chase that if you apply as a sole proprietor only using your ssn, it will go on your personal report and be counted towards 5/24. I just requested a copy of my TransUnion personal credit report and do see a Chase ink preferred card I opened a few months back showing up just as the other personal ones with the only noticeable difference being the fact that its called an “authorized account” as opposed to the personal cards which are called “individual account”. Can it be that it’s still not counted or do I just have bad luck and I’m an exception?

So sorry never mind I made a mistake. I was wrong. It was a different card. Should’ve known. the same banker told me there was no more ink cash card as of the last month…

Authorized account is an authorized user.

Dan,
I just applied for a chase ink business cash card. I’m a therapist and wrote “sole proprietor” and applied with my name and social as tax ID. Is it a bad sign if they said they have to look into it more? I haven’t opened or named myself as authorized user on more than 3 cards in the past several years and my credit is excellent.

Everyone PLEASE USE EXTREME CAUTION WHEN LOADING LARGE AMOUNTS OF AMAZON GIFT CARDS ONTO YOUR ACCOUNT I LOST OVER 1500$ (Altogether from two accounts )FROM THAT .Amazon confiscated the gift card balance and won’t give it back

Dan-maybe I’m wrong, but I think your math isn’t quite right. Here’s what you wrote:

“You can also buy a $300 Visa gift card from Staples.com for $308.95. The 1,545 points you’ll earn from the purchase are worth between $23.17 (at a value of 1.5 cents per point) and $30.84 (at a value of 2 cents per point).”

I think you forgot to subtract $8.95 from the $23.17. Yes, your points are worth $23.17, but you paid $308.95 to get only $300 worth of mdse. You lost $8.95 on that deal. But made $23.17. Net benefit to you was only $14.22. And 14.22 /1545 points comes to less than 1 cent per point (actually .92 of a cent)! Not that great a deal, really. Thoughts ???

I just missed the 3 month spend threshold on my Ink Preferred. Has anyone had experience chatting and getting the bonus points? I spoke to the banker in the branch that I frequent who has helped me set up my accounts and he was not able to get an extension or otherwise get me the signup offer points. any ideas??

Dan, this is an AWESOME post and very easy to follow. Thanks so much for the info!

i had the the business preferred card from chase and i just did a product exchange for a business cash card and for some reason there only offering me 4 points per dollar on staples office max etc why is that

Just applied for the ink and putting in my name as business name and sole propietorship as type. Was notified by chase they need paperwork proving my business name from state office. Anyone had this? What to do?

is this card any different from the Chase Business Plus card I have?

I’ve had the Business Plus for years and want to downgrade to CASH card to avoid annual fee. I would like to apply instead to get bonus points BUT just got approved for CSR.

Since I’m right at 5/24- downgrading is the way to go, correct?

Wife has chase reserve I have the ink card. Any chance they would allow me to transfer my points into her sapphire reserve account?

Dan, would you advise to opt out of the new chase arbitration clause? Do you think there will be any repercussions?

Is it not more worth to apply for the preferred and then downgrade?
How long do you have to wait to downgrade?

It seems this card true benefits is only worthwhile if your a head of household with a family and will be doing a significant amount of annual spending and you will be able to take advantage of all these spending areas.
Otherwise the hustle of getting all these gift cards to use towards Amazon (etc) spending seems impractical if one only spends annually for one person.

Is it possible to get approved for this card if I have the Ink Unlimited? I’m good with 5/24

If I downgrade from my ink will I get the signup bonus and if I don’t get the bonus and downgrade anyways will I get the bonus when I apply?

I have been looking for amazon gc’s every time I”m in staples. They never have! I can’t find on the website either. My location is Brooklyn, NY. Does it make sense that they are not selling because they rather not send customers to a competitor or is it that DansDeals followers are beating me there and they get sold out quickly??

staples online wont let me check out with a staples GC if i’m buying a southwest GC! I guess I’ll go check at the actual store…. is this new?

I already have the Ink Cash and Ink Unlimited (both $0 annual fee cards). If I get the Ink Business Preferred, can I eventually change it down to one of the no annual fee ink cards or any of the freedom cards? Does it matter that I already have all those cards??

Thanks.

Would love to have one but they closed all my chase accounts!!!

Anyone know how long after account closed by Chase I can apply to get new card? Accounts were not closed because of missed payments or credit rating. All accounts were paid on time and my credit rating is in the 800’s. Chase closed accounts according to them because I exceeded my usual spending pattern!

Can i use a business card for my everyday spending?

I have twice a week for the last month to 2 different Staples stores. Unfortunately, they never have the Amazon gift cards; which is frustrating given the thousands of dollars I spend a year on Amazon items.

I have a Chase Ink Cash card and a Chase Freedom card. If i do plan on getting one of the Sapphire cards, and would like to transfer the points. How can I do that, if my Ink business cash card is not accessible in my personal Chase portal. I have to log in to my business Chase portal?

Hi Dan, I downgraded from a different business cards to this card about a year and a half ago. I never got the bonus points for opening this card. If I close this card can I apply for it again and get the bonus point?

Hi Dan,
Can I transfer these points to ultimate rewards if my wife’s ultimate rewards account is through her business (not personal) card?
Thank you!

if i open a a new card with 0% apr and transfer a higher line of credit from my ink plus will i get the promotional apr on the whole thing

I have a Chase Ink Business Plus..is this the same as Chase Ink Cash, in terms of 5 points per dollar at Staples?

I have a Chase Ink Business Plus with a $95 yearly fee. Is there any reason to keep this, rather than one of the cards without a fee?

Great Post! Thanks.
@Dan I am currently spending approx 2 million USD online shopping. Card used so far is the Spark by Capital one which gives me 2% cashback. This will definitely give me much more however how do I go about getting past the 25k max limit for the 5% office spending?

you cant buy amazon gift cards online I see and in the stores can you pay with a cc?
and can you make the first 3-month spending with this?

I appologize if this was asked and answered – I have an Ink Business preferred that we applied for in January 2019 – We achieved our requirement to get the bonus miles. We did not know at the time about the Ink Cash that give 5 points per $ on all purchases. How can I get the Ink Cash Card 5 points per $ in addition OR instead of the Ink Bus Preferred. My Husband saw something that indicated that I can’t apply within a 24 month period of applying to another ink card. What say you Dan?

Do you need to have a Chase business account for Ink?

@dan If I want to downgrade my Ink preferred card to one without an annual fee- either the cash or unlimited card- would i not be able to get the ink cash or unlimited card sign up bonus in the future if I havent done so already?

To qualify for the sign up bonus, do you have to pay off the $3k balance on the card within the 3 months, or if just making minimum payments will I still qualify? (my card came with 0% on new purchases for a year also, so I have only been paying the minimum). Thanks!

I got the Ink Unlimited like 2 month ago, can I switch to this Ink Cash Card?

Can I have 2 ink cash cards I have 1 cash card can I downgrade the preferred?

When does this offer expire and is it usually 50K bonus?

Possibly applying for a mortgage one of these months, being its business card will that only affect me in the hard pull area. Correct? My avg score is 800 so can I afford the few points

How many percent back is 5 points?

If i or any of my household members dont have a any chase cards is this card worth it /can i transfer the points to air travel,
and how good of a credit score would i need for this card?
is there any other chase card i can apply for that would make this card worth it?
thanks

Hi Dan,

Thank you for posting this listing and always providing a great breakdown explanation of all the card benefits and offers. I signed up for this card in April and unfortunately did not reach the $3,000 spending threshold within 3 months to earn the 50k points. Is there anyway I could still recoup the points?

Thank you in advance!

hi dan thx for another great post.was wondering if i already have a sapphire reserve can i open this or the business preferred for the sign up bonus and then retain the points if i then cancel the business card.and would that affect my credit? thx

is this a preparation for the staples visa deal

Is the application site down for anyone else? I keep getting

” We appreciate your interest. Due to a system issue, the application is unavailable. Please click the button below to view alternate offers and apply online without signing into your chase.com account. Please note the terms and conditions of these offers may vary”

Can I move ink points to my reserve?

If I get 5 points for groceries from freedom and redeem it through reserve UR I get worth 1.5 but how do you get it to 10 points?

Ink q
Ink 1 downgraded for ink no fee after first year at that time got another ink issued
Now year one for ink 2 ends
Ok to downgrade to a no fee ink ?

I’ve never seen any such Amazon kindle or fire gift cards in a staples.. just the plain 100 Amazon ones

Just to clarify I just got the Chase Ink Preferred and am working toward the 80K bonus. Therefore, if I get the Chase Ink Cash Card now, I will not get the 50K bonous….correct? I have to wait 24 months?

Can buying gift cards at staples to max out the 5 points bonus category trigger a shutdown?

If I get approval for the Ink Business Cash, is there any reason to keep the Ink Business Plus that I’ve had (and used well) for years? It has a $95 annual fee and other than a higher limit on 2x and 5x spending (50k v 25K), I don’t see a difference between the 2 cards. I rarely spend the 50k and have the CSR for transfers. Is there another benefit I’m overlooking?

I’ve never seen Walgreens cards at office supply stores or grocery stores. Anyone know if this is just a policy, walgreens doesnt sell in 3rd party locations? I like the pharmacy but trying to maximize the spend there

What are the best rewards – points or cashback – if you only use consumer cards i.e. you don’t have a business?

If I purchased an iPhone through Verizon will that be considered subject to the 5% bonus?

So to recap please confirm: you need to buy amazon gift cards At Office Depot type stores to effectively get a 5% cash back, but capped at $25,000 per year.

So ultimately if you are spending more than 25k at Amazon this card is is only worth it for a short period of time let’s assume I do 25k at amazon per month.

Or am I reading this wrong?

dan… need to think about tax payments now..so using the analogy of a 10k payment cost me 187 if I use the 1.5 points I get 15k points which can be used at 1.5 reserve price of $225 – Is there any BETTER option .. small spread.. 225-187.. is the card 5x per first 20k spent still in play? No signup bonus.. may eliminate that idea,, What are your thoughts?

Hi Dan, Office Depot is running one of their $15 back on $300 of Mastercards from Dec 8-14. You are usually my go-to for those deals.
Please spread the word–thanks

Thanks and good to know. And most importantly, thank you for really transforming my life in the ability to vacation, fly and visit places we never would have otherwise. Back to more mundane things…is there a way to know when they are running those sales?

i dont see 4 bonus points added to my amazon purchases is it only for new ink cash cards?

Dan, following this post I got a new chase business cash card. Went to staples to get some gift cards however they told me I can’t use a credit card To purchase gift cards. only cash or debit card. Any advise on this?

I used to order the $300 gift cards from Staples online, until I had $5000 worth stolen somehow before they arrived at my address, and then they claimed that they had been used. I spent many hours and stressful times with chase, trying to overturn the charges, and then eventually with staples President’s office, to get assistance, as I had bought so many cards during the winter season while I was in the states. Finally got it straightened out, but I would NEVER order gift cards like visa gift cards in the mail again. Also this winter I am back and it seems it is much more difficult to use them for making money orders at Publix, they seem to be cracking down, so everything is getting more difficult.

Will I get 5% for gift cards at Staples with Chase Ink Business plus?

Dan- you mentioned in the post that you buy Amazon cards at Office Depot or Staples and get 5 points per dollar. I got that. But you said you consider them worth 10%. How is that?

How can I know which Amex cc do not effect my credit score if I pay the majority of the balance before the closing of the statement, & which ones do?

If its a personal cc, & I used more then 35% of the spenting limit, will it effect my credit score even if I pay the balance before the due date?

Even if almost the entire expense was to lay out money for the damage of a car rental that is covered by the cc, which essentialy means that they will credit me the money within the next few weeks. Will they put the 2 together, or do they immediatly report it to the credit bureaus?

Hey Dan,

Just signed up and got approved for a 50k ink business unlimited card with your link. I already have the ink cash and ink preferred, and wanted to now downgrade my current ink preferred down to another ink unlimited. When I secured message them my request, they told me that I can’t have more than one ink unlimited. Is this true , any advice you have for me? My fee just posted for the preferred and don’t want it anymore.

Any reason to use the Chase Ink credit card for Amazon.com purchases instead of the Chase Amazon Prime credit card? They both earn 5%?

How long does it take to get approved? Is it instant? Do the do a hard pull?

Just wanted to point out if you want to
Update your list for instore at staples, they sell $50 BEST BUY cards. Been probably almost 6 months now since they started this.

Best card to maximize your points! I buy $200 gift cards from staples every time they have fee waived and use them for daily expenses. I’ve already hit the annual $25K for the 5%. I then transfer the points to sapphire, and use them for travel. I’ve traveled and booked hotels multiple times for free bc of the ink points.
THANK YOU DAN!! Please keep posting whenever staples have fee waived promotion on gift cards.

Dan, if you don’t have any business cards, what would be the next best card (consumer) to use for Amazon purchases?

What do I put as the income on a business card; business income or total household income?

Why am I not getting 5x points on ink cash when i pay my Verizon cell phone bill?

Hi Dan. Thank you for all the amazing info you share we really appreciate it here in LA.
I have been approved for more then 5 credit cards in the last 24 but I have a offer that I am prequalified for the ink card. Will I automatically be denied? Please clarify..

Does it all apply across all Chase Inc cards such as amazon 5 points. I have business preferred?

Just confirmed with chase, verizon is NOT categorized as a phone bill with Visa merchant coding

Dan recommends buying Amazon gift cards with the Chase Ink Business Cash card at a Staples store, etc. in order to get the 5 points per dollar spent. Don’t I earn the same 5 reward points per dollar spent on Amazon if I use the Chase Amazon credit card? I see that all my Amazon purchases thru the Chase Amazon Prime credit card are all earning 5 reward points per dollar spent. Am I missing something about buying the Amazon gift cards at a Staples store and using those gift cards instead of the Chase Amazon Prime card? Please help me. Thanks.

Hey, Dan. You have been a blessing to my family and me since we met you in Miami in 2015. I have a question regarding my Chase Ink PLUS Card which is still grandfathered in. Is there anything that should keep me from trading this $95 annual fee card for a no-annual fee Chase Ink Cash card? Is there any sense in paying the annual fee if I get the same benefits on a new Ink Cash card? Please advise. Thanks!

Duh. But how am I supposed to get the ink card with the ridiculous 5/24 rule in place??

We need an article on how to liquidate (at no cost) visa/MasterCard gifts cards. My Walmart does not allow money order purchases using these cards.