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I’ve just received word that the Ink Bold® Business Charge Card 50,000 point sign-up bonus offer will be pulled on Monday, November 28. Now, I don’t actually know if the sign-up bonus is being increased or decreased, though based on the wording of the email it sounds like the latter. I’ll certainly post an update if I hear more, as I’ve asked for clarification (though I’m not sure they’ll tell me).
The current deal offers 50,000 Ultimate Rewards points after spending $5,000 on the card within three months.
I’ve written about the Ink Bold® Business Charge Card in the past, which is a great card on many levels. For one, it’s great for high spenders since it offers threshold bonuses whereby you earn a total of 147,500 Ultimate Rewards points for $100,000 worth of spend. That’s really good, especially if most of your spend isn’t in “bonus” categories offered by other cards.
Furthermore the points can be transferred to British Airways, Continental, Hyatt, Marriott, etc. Basically they offer a ton of flexibility to transfer to some amazing programs.
I have both the Chase Sapphire Preferred® Card and Ink Bold card, but if I had neither card and were about to do a credit card “churn,” those would be my two choices, partly because these cards are keepers (the Chase Sapphire Preferred for everyone, and the Ink Bold card for those that spend a lot on their cards). Furthermore while Chase will typically only approve one personal application at a time, the Ink Bold card is a business card, so you can get approved for both cards simultaneously.
They each offer a 50,000 point sign-up bonus with no annual fees, and accrue what I consider to be the most valuable points currency, Ultimate Rewards points.
Signing up for these two credit cards alone will get you a business class ticket to Europe on Virgin Atlantic, Lufthansa, Austrian, Swiss, etc., with a stopover (and without any pesky fuel surcharges). While I realize most of you are savvy when it comes to this stuff, I love the reactions I get when I tell “normal” people how easily they can get a free business class ticket to Europe in summer for literally $100 in taxes.
So this is just a warning since I realize it’s a long weekend for most of you, but if you’ve been waiting to apply for the Ink Bold card, I’d get an application in by the end of the week. As I said I’ll be posting an update if they give me one I can share, though based on the original wording of the email I do suspect the bonus is going down.