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Update: This offer for the Ink Plus® Business Credit Card is expired. Please check out the current list of the best current travel credit cards.
Chase currently has a very limited time offer on the Ink Plus® Business Credit Card, whereby you can get 70,000 Ultimate Rewards points after spending $5,000 within three months. The card has a $95 annual fee, which isn’t waived for the first year. While the 50,000 point offer on the card usually has the annual fee waived the first year, it’s absolutely worth paying $95 for an additional 20,000 Ultimate Rewards points.
The Chase Ink Plus has great benefits in general, and also offers the ability to earn 5x points per $1 on the first $50,000 spent at office supply stores and on cable, internet, TV, and cell phones, along with 2x points per $1 on the first $50,000 at gas stations and hotel accommodations, and 1 point per $1 on everything else.
If you were to maximize the bonus categories, you’d theoretically have 95,000 Ultimate Rewards points to work with (and that’s not even counting any you might be earning with the Chase Sapphire Preferred® Card, Chase Freedom®, or Ink Business Cash℠ Credit Card).
So what are some of the amazing things you can do with 95,000 Ultimate Rewards points?
Take 21 Domestic Economy Flights
British Airways charges just 4,500 Avios for flights of 650 miles or less. These short flights are often disproportionately expensive when paying cash, particularly at the last minute. So redeeming Avios on these routes can save you a lot of money. Also keep in mind that British Airways doesn’t charge close-in ticketing fees on award tickets, so you can book them a day before departure and pay just the government taxes.
In North America British Airways partners with American, US Airways, and Alaska Airlines, so there are tons of routes to/from New York, Philadelphia, Washington DC, Charlotte, Miami, Chicago, Dallas, Phoenix, Los Angeles, Portland, and Seattle that fall under that 650 mile marker.
Spend Seven Nights With Points + Cash at The Park Hyatt Maldives
The Park Hyatt Maldives is a Category 6 Hyatt property, which is a bit of a sweet spot in their award chart. You can redeem 25,000 points for a free night (which is still a steal in the Maldives), or use 12,500 points + $150.
So you can redeem for three free nights outright, or use the Points + Cash option to extend your stay out to a full seven nights. Hotels in the Maldives are otherwise outrageously expensive, so this is quite a good value. For example, the Park Hyatt otherwise often goes for $1,200+ per night.
Upgrade to First Class on British Airways
This one takes a few more steps, but since oneworld has had such great business class fares lately, this is a no-brainer.
British Airways charges 25,000 miles to upgrade from Club World to first class from the West Coast, or 20,000 from the East Coast.
British Airways is also great at releasing unsold first class seats to award and upgrade inventory in the days prior to departure, so this is one of the few scenarios in which I’d recommend upgrading versus a straight award ticket.
Enjoy Six Free Nights In Southeast Asia
I love traveling to Asia, and there are some fantastic Hyatt properties that are an amazing value on points. The Park Hyatt Siem Reap, Park Hyatt Saigon, and Grand Hyatt Kuala Lumpur are all Category 4 properties, so a free night is just 15,000 Gold Passport points.
These are all beautiful properties, and a bargain with your points!
Fly Business Class to Europe on Singapore Airlines
Singapore Suites has been getting all the attention this week, but Singapore Airlines also offers an incredible business class product. The seat is spacious, and the service is consistently polished. Factoring in the online discount, a business class award between the US and Europe is only 48,875 KrisFlyer miles one-way.
A round trip would be less than 98,000, and if you don’t have quite that many Ultimate Rewards points, keep in mind that American Express Membership Rewards, Starwood Preferred Guest, and premier Citi ThankYou points also transfer to Singapore KrisFlyer.
Take First Class to South America on Korean Air
I recently took advantage of this myself, and can’t say enough good things about Korean Air. The meals were tasty and everything was beautifully presented, and service was as you’d expect from a top Asian carrier.
Korean Air flies between Los Angeles and Sao Paulo, and this is hands-down the most comfortable way to get to South America.
There are so many fantastic uses of Ultimate Rewards points — these are just a few of my favorites.
The offer on the Chase Ink Plus is the best public sign-up bonus we’ve ever seen on what I’d hands down consider to be the best business credit card, so I’d absolutely take advantage of this if you haven’t already.
What about you? How are you planning to redeem your Ultimate Rewards points?
Non-Affiliate Product Disclaimer: The information for the Chase Freedom® and Ink Business Cash℠ Credit Card has been collected independently by One Mile At A Time. The card details on this page have not been reviewed or provided by the card issuer.