Chase Ink Plus 60K And Ink Cash 30K Signup Limited Time Signup Bonuses Return


Still catching up on news from the past week while I was checking off bucket list items on this wild and crazy trip (Some pictures can be found on Instagram):


Related posts:
-30 Awesome Things You Can You Do With Ultimate Rewards Points
Building Credit And Credit Card FAQs: Your Questions Answered


Offer Details:

The Chase Ink Plus card is offering a 60K signup bonus for spending $5K within 3 months. The Chase Ink Cash card is offering a 30K signup bonus for spending $3K within 3 months.

The increased signup offers will run until May 25th.

It’s not difficult at all to get a value of 1.75 cents per point when using Chase Ultimate Rewards points for travel by transferring them into airline miles or hotel points. That would make the Ink Plus signup bonus worth over $1,000 and the Ink Cash signup bonus worth over $500.

You’ll also earn up to 25,000 points for the base spending depending on whether you spend in 1, 2, or 5 point per dollar categories. So after spending $5,000 on the Ink Plus card you’ll have between 65,000-85,000 Ultimate Rewards points at your disposal.

With a Target REDcard you can spend $5,000 in a single month for free.

The Ink Cash card has no annual fee but carries a 3% foreign exchange fee when used outside of the US.  If you only have the Ink Cash card you can’t transfer your points into miles, but if you or a spouse have a Sapphire Preferred or Ink Plus card than all of your points will be transferable into miles.

The Ink Plus card has a $95 annual fee. There are no foreign exchange fees on the Ink Plus card.

Insurance coverage on car rentals in every country outside of the US is primary on leisure or business rentals. Within the US coverage is primary for business rentals and secondary on leisure rentals.

Applying for a business card and the benefits of business card spending:

The Ink cards are business cards. But you may be already running a business that qualifies for a business card and there are several huge advantages that business cards have over consumer cards as you can read here.

For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can just open a business credit card for “Joe Smith Sole Proprietorship” as the business name. You don’t need to file any messy government paperwork to be allowed to do that.
Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field as well as in the social security number field.

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.

A great thing about these business cards is that they don’t report your spending on your personal credit report.

On personal cards if you spend money on your card your credit score will be hurt even if you pay your bill on time. A whopping 30% of your credit score is based on credit utilization. You can pay off your card before your statement is generated to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a few dollars to show the card is active and being paid every month.

On a business card it’s just not reported, so you can wait until the money is due without it having a negative effect on your score. Plus if you close a business card it won’t ever have an effect on your score.

0% APR:

The Ink Cash card offers 0% APR on purchases and balance transfers for 12 months, and best of all those balances won’t hurt your credit score.

Cash back:

Ink cards are now all issued as Visa cards, so you can register them for Visa Savings Edge.

With that program you earn cash back on top of points. You’ll earn 1% cash back at Chevron, and Texaco, 2% cash back at TigerDirect, 4% cash back at Alamo and National, 5% cash back at Lenovo, Sony, and several hotel brands, etc.

Bonus points:

Ink cards offer 5 points per dollar on internet/cable service and telecom purchases, so that’s a nice rebate when you purchase a new cell phone and off your cable bill.

They also earn 5 points per dollar at office supply stores. There are hundreds of gift cards sold by office supply stores.

-Upgrading on your carrier’s website to an iPhone or Galaxy? 5 points per dollar.
-Buying gift cards for gas? 5 points per dollar plus you’ll pay the lower cash rates at the pump.
-Buying gift cards for Amazon, Gap, Groupon, Kohl’s, Macy’s, Marshalls, Nordstrom, Southwest Airlines, TJMaxx, etc? 5 points per dollar.

The Ink Plus card caps those bonuses to $50K of purchases per year while the Ink Cash card caps those bonuses to $25K of purchases per year.

The Ink Plus card also offers 2 points per dollar on gas and hotels while the Ink Cash card offers 2 points per dollar on gas and dining.

Gift card uses:

Your local school or other charity will be more than happy to accept donations of Amazon gift cards for supplies or any other useful gift cards for chinese auctions, raffles, fundraisers, etc.

They will give you a tax deductible receipt for the full face value-the price you paid for the gift cards. And at the same time you’ll earn 5 points per dollar. So while doing good you can still get a nice chunk of points and you’ll save on your taxes.

Or you can use Visa gift cards for everyday spending thereby getting 5 points per dollar on everything you buy anywhere via the Visa gift cards. You can read how lucrative that can be in this post on where you should be using each of your cards.

Point Currency:

Chase Ultimate Rewards offer instant and fee-free transfers to top-notch mileage and points programs at a 1:1 ratio.

Transfer partners include:
United (Star Alliance) is still an excellent currency, even after their devaluation earlier this year. They never charge fuel surcharges, have very flexible routing rules, they allow one-way awards for half the mileage, they have short-haul awards for 10,000 miles, they allow for a stopover and an open-jaw so that you can really maximize a single award ticket into several free trips, and they have dozens of partners to fly on, most of which can be booked on their website.
British Airways (OneWorld) is awesome for short-haul awards. Just 9,000 miles for a round-trip zone 1 or 15,000 miles for zone 2 short-haul award. The zone 3 award for 25,000 miles round-trip can also be a bargain, for example a flight between the west coast and any of the Hawaiian islands or between Boston and Ireland is just 25K miles round-trip with no fuel surcharges. Flights to Israel on Air Berlin are just 60,000 miles with no fuel surcharges. They allow one-way awards for half the mileage. There are no close-in or expedite fees. You can cancel an award for as little as $5.60. Infants are only charged 10% of the miles on international trips instead of 10% of the full fare like US carriers charge. Plus they don’t collect fuel surcharges on AA/USAirways within the western hemisphere, on Qantas within Australia, on Air Berlin, Aer Lingus, Alaska, or LAN and you can transfer points to Iberia to limit fuel surcharges there as well.
You can read more in this post on everything you need to know about BA Avios. And you can see 103 places you can go to nonstop from NYC with Avios.
Korean (Skyteam) offers unbeatable first class availability (A380 First Class Trip Report here) and they also have true bargains on partner travel, just 30,000 miles to fly round-trip on Hawaiian or Alaska to Hawaii in coach or 60,000 miles in first. And it’s just 20,000 miles to fly to Alaska in coach or 40,000 miles in first. You can even get a free stopover on the way to or in Alaska! If you can find Delta saver availability you can fly to Hawaii round-trip for just 25,000 miles in coach or 45,000 miles in business.
Singapore (Star Alliance) offers private walled-in first class suites that can only be booked with their miles. A suite one-way from JFK to Europe is 57,375 miles. Travel to the US48, Hawaii, Alaska, Europe, and Israel can all be had on the cheap. There are no close-in booking fees and changes and cancellations are very cheap. Fuel surcharges apply when flying on most airlines besides United. More info here.
Southwest offers a value of about 1.7 cents per point towards award travel, though that rate can now vary. Plus you get 2 free checked bags, free flight changes or flight cancellations. and you can even get a point refund if the price of your flight goes down.
Virgin Atlantic has some niche uses with awards on Delta.
Hyatt is a very powerful hotel currency. They have a cash and points option that offers some excellent values and more importantly those stays earn points, elite stay credits, promo credits, and you can use suite upgrades on cash and point stays as well. It remains far less expensive for high-end hotel stays than any other hotel program.
You can also funnel points through Hyatt to Southwest to qualify for a free Southwest Companion Pass which gives you a free companion every time you pay for or redeem for a free ticket.
-You can also transfer points to Marriott, Ritz Carlton, Priority Club, and Amtrak. I’ve never been on an Amtrak in my life, but you can get some really nice bargains on Amtrak travel via their program.

The beauty of miles over points or cash-back:
The great thing about being able to transfer points into airlines or hotels are the incredible values you can attain.
-A coach ticket to Hawaii can cost $1,000 and a first class ticket to Hawaii can cost $3,000 but you can use 25K or 45K miles for that same ticket. If you were using Capital One points you would need 100,000-300,000 points per ticket.
-A last minute ticket or a ticket where you don’t stay for 3 nights from New York to Detroit costs $1,500 in coach but just 9,000 miles. That’s a value of 16.7 cents per mile. If you were using Capital One points you would need 150,000 points per ticket.
-A first class ticket to Asia can cost $27,000 but you can use 135,000 miles for that same ticket, a value of 20 cents per mile. If you were using Capital One points you would need 2,700,000 points per ticket.
-A night at a Park Hyatt in Paris, Sydney, or the Maldives can run $1,500 with tax but you can use 30K points for that room, a value of 5 cents per point. Or you can use less points and get even better values with cash and points. If you were using Capital One points you would need 150,000 points per night.
And that’s all besides for the fact that getting a Capital One card costs a minimum of 3 credit pulls whereas you can get several cards from other banks with just 1 credit pull.

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43 Comments On "Chase Ink Plus 60K And Ink Cash 30K Signup Limited Time Signup Bonuses Return"

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if I got the ink plus last year(still have it) can I make a new business and still get the bonus?


Sure, though getting approved for a new business is harder than for an existing business.



I thought it’s every 25 months


That’s not enforced on any Ultimate Rewards earning card.


If you apply in a chase branch they will waive the first annual fee


For the 60K offer?

You can just send an SM to match any offer that they have in-branch. And that way you can still 2BM/3BM it.


I recently (about 3 months ago) closed a Chase Ink Plus account. Would they allow me to sign up for this?


They’ll probably ask why you closed it. But if approved, you would get the points.


I also got one last year. Any reason not to close my old card and start again with a new bonus? Are they more likely to reject me that way?


I don’t believe Southwest is still 1.7 cents per point


@Dan: Chase is not enforcing the 24 month rule on any ultimate rewards points cards? Sapphire, ink etc…?


Thanks, Dan. I closed it because I missed the prior 60K offer by a week ($5,000 within 3 months and a week) and they refused to extend. Would it be wiser to wait until closer to the end of the offer period?


I find it easier to open a new card for another business.

“though that rate can now vary.”

They never have, funny how few bloggers actually try these things out instead of subscribing to group think and rehashing each others posts.

They actually give you 103 days from card approval to meet the threshold, so it was really 3 months and a week from approval you would have gotten it.

I know as I’ve tested that too 🙂


@Dan: what does 2BM/3BM mean?


If I got the InkPlus last year (still have it) can I get the InkCash now for the same business?


Always read the related post links at the top of the post.



I have 1 ink bold and 1 ink plus (1 each for 2 different businesses). Do you think they would approve an ink plus for the business that has a bold or are they too similar? TIA


Dan when should this offer last until? TIA

perpetually perplexed

what is the best way (fewest points) to get to Israel using Ultimate reward points?


If you can explain why you want both (charge vs credit, multiple clients, HSA, etc) then it’s definitely doable.

Read the post please.

@perpetually perplexed:


I already signed up for the ink card several month ago and got the 60k bonus. At the time of signup they asked for my social. If I sign up again using a new company name but with the same social, will i still get the bonus? I’m asking because I tried opening up multiple Amex Platinum cards for different businesses and they only gave me 1 welcome bonus because I had “already been welcomed”. I figure they were tracking me through my social. I don’t want that to happen again. Thoughts?


I just got my Chase Ink Plus by mail today… applied for it last Monday. Can I argue the 10k difference in points?


amex has the one time bonus rule enforced


I just signed up for the ink plus with the 50k bonus.

Can I get the 60k bonus? I am within the first month from signing up.


please advise if I can sell chase reward points for cash


I currently have a downgraded ink card, will I still be approved for the plus card?

Redmond Jennings


I just did (with the Ink Cash.) I sent a secure message today and tonight I got a reply saying they’d honor the new 30,000 bonus and to send them a message when I reach the ($3,000) threshold. I bet it would work just as well with the Ink Plus.


can i open a 3bm for 3 different businesses


@Shoshi: i did that with the freedom they compensated me with the points via secure message


@Eli: yes via sm as answered shoshi


@rich: sell miles now on top of the posts most honest and gives you the best bang for the buck


@Dan slightly off topic I did a 2bm about a month ago for a UMPE and BA. Instant approval for BA, but declined for United. 5 recon calls and a SM later I still couldnt manage the approval. Problem was too many requests for credit and short length of credit history (about a year and a half). Any recommendations as to when to reapply to maximize chances of approval?


@Israeli: forv the future if you have a chase bank account your odds are much higher in general my first
2 cards were chase they told me specifically because I have a bank account with them


I applied and was told I need to wait a few days for their decision to come in the mail. What number do I call to make the process faster?


Just applied and received the following response:
“your application needs further review. You will receive a written letter from us within 10 days”

I’m assuming that is a nice way of being rejected?


@kj: if they say they need up to 30 days then likely you would get approved now definitely not call up reconsideration department today like this you don’t get another Pull on the credit don’t give up


If I apply for the card now and activate it in 3 months from now will I have three months from then to swipe the 5k and get the pionts? (I’m in the mid of swiping out another offer)


Do I need a business for this card?


Do I get the pionts even if I don’t make a full payment by the end of 3 months?


can you explain the “you can’t change the points into miles unless you have another ink card” thanks, i am seriously wanting to apply but only if i can use it as miles


Hi Dan – I applied for the Ink Plus back in 11/2013 and received the bonus and cancelled the card 1yr later. I then applied for the Ink Bold in 5/2014 and am planning on canceling it rather shortly, before the AF kicks in.

Do you know if Chase have the same 24 month no bonus rule on the Ink Plus card? Meaning, am I going to have to say I have “another business” and use my same SS# again, or am I OK just reapplying for the Ink Plus now? Thanks!


Hi Dan – Any help on my previous question? Please LMK – Thanks!


hi dan i just applied for the chase ink but it has to be reviewed. any suggestions to make it go through ?