If you had a Chase checking account you could get a lucrative Freedom Exclusives card or Ink Bold Exclusives card. The Freedom Exclusives card offered 10 points per transaction, 5 points per dollar in rotating categories, and 10% bonus points dividend. The Ink Bold Exclusives card awards threshold bonuses so that you’d earn 1.65 points per dollar if you spend $50K annually or 1.675 points per dollar if you spend $100K annually.
I had several Freedom Exclusives cards, but Chase killed the 10 points per dollar for my Freedom cards way back in 2013, and then killed the 10% bonus in 2015, though some people continued to retain Freedom Exclusives benefits even afterward.
In 2015 Chase changed Ink Bold cards from charge cards to credit cards. Charge cards don’t have a set credit line, and it was awesome to have a Chase card like that. Unfortunately with that change Chase no longer offered any charge cards, sending many customers who needed a flexible spending limit to AMEX charge cards.
And now I got notice that my Ink Bold Exclusives Mastercard will convert to into an Ink Plus Visa in January. I already have 2 Ink Plus Visas, so why not a 3rd.
I also was notified that my Ink Classic Mastercard and my Ink Cash Mastercard will become Ink Business Cash® Credit Card Visa cards in January.
Those cards earn 5 points per dollar on spending at office supply stores and on telecom.
Unfortunately that means I’ll lose the ability to earn up to 1.675 points per dollar and I’ll lose the ability to earn 5 points per dollar on gift card purchases from CardCash and Paypal Digital Gifts via eBay.
Will you miss your Chase Ink Mastercard?