Chase Ink Bold/Plus: lower spend requirement for 50,000 Ultimate Rewards point sign-up bonus

In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!

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.


Earlier this week Chase modified their sign-up bonus on the Ink Plus and Ink Bold cards. Previously you earned 25,000 Ultimate Rewards points after your first purchase, and another 25,000 Ultimate Rewards points after spending $10,000 within three months. Now they’ve improved the sign-up bonus on both cards to a flat 50,000 Ultimate Rewards points after spending $5,000 on the card within three months. So essentially the minimum spend required to earn the full sign-up bonus was cut in half. While the annual fee on the card is a reasonable $95, it’s waived for the first year.

I’d argue this is one of the best all around business credit cards between the points earning opportunities, redemption opportunities, and lack of foreign transaction fees.

Basics of earning points on the card

You earn one point per dollar spent on the card, with the following additional bonuses:

  • 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 for hotel accommodations

Basics of redeeming points on the card

Ultimate Rewards has some fantastic transfer partners, including United MileagePlus, Korean Air SkyPass, Hyatt Gold Passport, and several others. I find those three to be the most valuable transfer partners, which is why I mention them specifically. United miles are probably the single most valuable mileage currency, so being able to earn United miles at a favorable ratio through credit card spend is one of the best features of this card. I love Korean Air SkyPass because they often release four first class award seats between the US and Asia, which very few other programs do. And Hyatt Gold Passport is phenomenal because of the number of aspirational properties they have at which you can redeem your points at very reasonable rates.

Alternatively you can apply points towards any “revenue” ticket at a rate of 1.25 cents per point. That means that a $625 flight will cost you 50,000 Ultimate Rewards points. This isn’t the most efficient way to use points, though it’s still a bit more lucrative than American Express’ “Pay with Points” option in most cases.


The Ink Bold/Plus are fantastic cards, and this is as good of a publicly available sign-up deal as I’ve seen on them.


(In the interest of full disclosure I earn a referral bonus for anyone approved through the above links. As always, thanks very much for your support!)

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  1. If I use any blogger’s links to get the card, it’ll be Million Mile Secrets for sharing how valuable this card can be!
    The rest of you bloggers never share the best tricks…

  2. Lucky, I understand that a personal card credit limit can be shifted to a business card credit limit, how about vice versa? I currently have 6 personal credit cards and 2 business cards with chase. My credit lines for the 6 personal have been shifted around in order to be approved and all 6 have very low limit now, while I have some room from my Ink Bold credit line ($15k) to move around. Is that doable?

  3. @Ann Go back to MMS blog. Obviously you’re not sophisticated enough for Lucky’s blog- who’s been writing and give valuable information for YEAR’s in a mature fashion. If you need arrows to figure out how to maximize your cc this is not your place.

  4. @Thanh P.

    I know your asking Lucky – however, why don’t you just call Chase and get the answer directly from the source?

  5. @David M, I would very much doubt that Chase has an official guideline for this even if they didn’t mind consumers to know. Credit risk department would know, regular CSR would not. But I can guarantee you that they definitely would not want consumers to know the specifics of criteria they use for approving credit extensions. They want ambiguity so they can fall back on either way. What I’m asking is rather based on experiences and statistics. Also I don’t like calling Chase more than I need to anyway. As if I haven’t called them enough for reconsiderations to get 8 Chase cards.

    The last time I spoke to a credit analyst for reconsideration, he insisted that he could not shift credit limit from my other personal cards to grant me my new card, and I was able to convince another credit analyst a couple days later to do the very same thing.

  6. @Thanh P – HUACA, Hang Up and Call Again, is my favorite thing to do with credit cards and booking award tickets. Might want to start closing some Chase accounts. I don’t think it will affect your score much as you are just moving one credit limit to the other.

  7. Is there any difference regarding credit score if you apply for Ink Plus vs Ink Bold? Since the Bold is a cash card and you have to pay in full every month would that be more positive on your credit score since you are not getting a new credit line? How about in terms of approval from Chase? Would a cash card be easier to be approved than a credit card?

  8. @romsdeals, I did HUACA that’s why I got the new card without having to cancel any card (though the first analyst insisted that he wasn’t going to let me do it). I don’t like cancelling credit cards if I can help it as I want to keep longer credit history for each card. It certainly won’t hurt my credit score, and it’ll help me use the age of the credit line as the leverage, and sometimes as the last weapon, in my reconsideration BS talk with Chase analysts. Besides, I have specific uses for each card.

  9. @ Ann — Thanks for letting me know. 😉

    @ Thanh P. — Ultimately this all comes down to the analyst you get, though I’ve successfully done that in the past, so I see no reason it couldn’t be repeated.

    @ Cu — Thanks!

  10. @ Santastico — Roughly 30% of your credit score is your credit utilization ratio. The Chase Ink Plus would count towards this (since it’s a credit card) while the Chase Ink Bold simply isn’t considered, since there’s no limit.

    Whether that’s a good thing or bad thing comes down to you. If you plan on paying off your balance before the statement even closes it could benefit you to have it be a credit card and count towards your credit score, since a low credit utilization ratio can help your credit score. If you plan on spending quite a bit on the card you might be best off having a charge card, since it won’t count against you.

  11. Lucky, the T&Cs of many of the business cards I’ve looked at say that you can only use the cards for business expenses. Is that something that you think someone could get tripped up on if they use the card mostly for personal, run of the mill stuff?

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