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I’d argue the card with the single best sign-up bonus is the Chase Ink Card, which offers 50,000 Ultimate Rewards points after spending $5,000 within three months. Not only is the sign-up bonus great, but the card offers awesome long term perks, like:
- 5x points on the first $50,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services
- 2x points on the first $50,000 spent annually at gas stations and on hotels
- No foreign transaction fees
- As we discovered the other day, access to the MasterCard Easy Savings program, which can be pretty lucrative
Anyway, what’s interesting is that those cards were previously issued as MasterCards, though in the past couple of weeks they’ve started to issue them as Visa Cards instead.
The good news is that similar to the MasterCard Easy Savings program, Visa has the Visa SavingsEdge program, which offers similar benefits. Furthermore, this should also give members access to the Visa Signature Hotels program.
The question that remains to be seen is whether this is considered a “new product” or not. In other words, if you have the existing Ink MasterCards, would you be eligible for the new Ink Visa Cards? Anyone have any data points with that yet?