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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.
For a bit over a week now, the Chase Ink Plus has been offering a publicly available sign-up bonus of 70,000 Ultimate Rewards points after spending $5,000 within three months.
This is an incredible offer, as the highest sign-up bonus Chase has offered to the general public has been 60,000 Ultimate Rewards points. The offer was made available earlier this summer, but you could only get it by going in to a Chase branch, so this is much more convenient for many of us.
The catch with this bonus is that the $95 annual fee isn’t waived, which it otherwise has been for the first year. With an extra 20,000 Ultimate Rewards points, I would say that it is definitely worth paying the $95 annual fee.
As a refresher, the Ink Plus comes with great benefits that include the following:
- Earn 5x points per $1 on the first $50,000 spent at office supply stores and on cable, internet, TV, and cell phones.
- Earn 2x points per $1 on the first $50,000 at gas stations and hotel accommodations
- No foreign transaction fees
- 1:1 point transfer to many frequent travel programs
As far as I’m concerned this is the best sign-up bonus on the best business credit card out there.
According to The Points Guy, the offer is apparently set to end tomorrow, Friday, October 10, 2014, so if you haven’t yet signed up for the card yet I’d recommend doing so ASAP. I don’t know at what time the offer will be pulled, though it could very well be mid-day or earlier. I’m not sure whether the offer will continue to be available at Chase branches or not, though it’s certainly easier to be able to apply online.
As I’ve written about, there are many great uses of Chase Ultimate Rewards points thanks to their excellent transfer partner, including Korean Air SkyPass, Singapore Airlines KrisFlyer, etc.
Redeem Ultimate Rewards points for Korean Air first class
Absolute worst case scenario each point can be redeemed for 1.25 cents towards the cost of a travel purchase, meaning 70,000 points would earn you $875 in travel spend.
If you haven’t yet applied for the card and want to before the offer expires, now is the best time to do so!