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Chase Ink Business Card: Earn 60,000 Bonus Points After Spending $5000 in First 3 Months EXPIRED

Doatslo 648 3,489 June 15, 2013 at 09:52 PM in Finance (2) More Chase Deals
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Promoted 06-16-2013 by brisar at 07:04 AM View Original Post
Chase offers 60,000 Bonus Points with their Chase Ink Business Card after Spending $5000 in the first 3 months from account opening. Thanks Doatslo

Original Post

Edited August 5, 2013 at 12:33 PM by oFlamingo
CHASE Supports National Small Business Week

https://www.chase.com/online/business-credit-cards/ink-card-sbw.htm [linksynergy.com]

also 25K or pts or $250 for ink cash/classic no annual fee.

good for one week june 16-22
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Community Wiki

Last Edited by ubiquitous August 10, 2013 at 05:40 AM
Frequently Asked Questions

How can I reach the spending limit?

There are numerous ways to reach the spending limit. You can buy Chase Gift Cards ($500 denominations, limit of $2,500 total every 30 days, no maintenance fees, cards expire but can be replaced). You can transfer money on Amazon Payments ($1,000 monthly limit, $10,00 yearly limit, requires transferring money to a person with their own bank account and home address, no fees). You can pay bills (even in advance with some companies). Possibilities are endless. Some chose to buy vanilla gift card from office supply stores. Though there are activation fees, the 5x reward points for office supplies more than covers the fees.
Quote from whitedudesuper View Post :
Buy 5 $200 cards at staples for $1,034.75
5x points = 5173.75 points earned
cost per point = 0.672 cents per point

But 2 $500 cards at CVS for $1,007.90
1x points = 1007.90 points earned
cost per point = 0.784 cents per point

So you are better off going to staples if you are just worried about getting the most points for your buck nod


Link to Chase Gift Cards: https://www.chase.com/gift-cards (currently no activation fees)
More info here: http://millionmilesecrets.com/201...uirements/

How can I liquidate my reward earnings

There are several options to sell your points. Advertising services is not allowed on Slickdeals but there is a thread where users can share experiences with selling their points. There is some risk in taking this route, there is the possibility for account closure, lost points, ban from card company. Most have had no issues at all, but tread carefully.

More info here: http://slickdeals.net/f/4629010-Anyone-used-Rewards2Cash-com?v=1
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

1,246 Comments

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#1156
Quote from blackblaze View Post :
I was hoping it was in the wiki to see generally what they are offering for 60K worth of points. Would it vary based on when you request an offer or is it a static offering always?
In my case, I went to their website and requested a quote for the amount of points I want to redeem (a little bit more than 60k for me) and I got pretty decent rate about 1.5 cents per point. But I do think the offering might be vary if you have less than 60k or 50k to redeem. So your best bet is just to submit for quote to know for sure.
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#1157
Quote from mango316 View Post :
In my case, I went to their website and requested a quote for the amount of points I want to redeem (a little bit more than 60k for me) and I got pretty decent rate about 1.5 cents per point. But I do think the offering might be vary if you have less than 60k or 50k to redeem. So your best bet is just to submit for quote to know for sure.
So 60K equated to almost $900 payout?
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#1158
Quote from blackblaze View Post :
So 60K equated to almost $900 payout?
Yup, about there. And I think couple of people from this deal thread also mentioned that they got quoted for about 1.5/point for their points.
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#1159
Quote from mango316 View Post :
+1 http://mabrokerage.com/ Dealed with them before, they're very good! woot
these guys better than 1.5 cents per point?

that is the key question bulb
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#1160
Quote from whitedudesuper View Post :
Buy 5 $200 cards at staples for $1,034.75
5x points = 5173.75 points earned
cost per point = 0.672 cents per point

But 2 $500 cards at CVS for $1,007.90
1x points = 1007.90 points earned
cost per point = 0.784 cents per point

So you are better off going to staples if you are just worried about getting the most points for your buck nod
Are most of you using this logic?
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#1161
After you guys transfer $1k to someone with AP, how do you get it back?

Does your friend or family write you a check back, after they then transfer it to their checking account?

Or do you have a second AP account that you then transfer back to your same checking account? If you do this, does Amazon allow the same exact checking account to be linked to two different Amazon payment accounts? This seems like it would not be allowed... Confused
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#1162
Quote from whitedudesuper View Post :
After you guys transfer $1k to someone with AP, how do you get it back?

Does your friend or family write you a check back, after they then transfer it to their checking account?

Or do you have a second AP account that you then transfer back to your same checking account? If you do this, does Amazon allow the same exact checking account to be linked to two different Amazon payment accounts? This seems like it would not be allowed... Confused
people have reported success with various ways of doing it. I think the best way to do it would be to have each AP account with unique name, bank account and credit card (cards can rotate but should not be the same in the same month to minimize risk). I can be more specific thru PM if you want
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Last edited by johny3 August 15, 2013 at 08:42 AM

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#1163
Quote from whitedudesuper View Post :
Are most of you using this logic?
Nope

A lot of us are buying chase gift cards for zero fees and using them as debit cards to fund blue bird or do other things.
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#1164
Quote from johny3 View Post :
Nope

A lot of us are buying chase gift cards for zero fees and using them as debit cards to fund blue bird or do other things.
Ya I have done this too with chase gift cards, but they are only 1x points compared to 5x points with staples visa GCs
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#1165
Buy 5 $200 cards at staples for $1,034.75
5x points = 5173.75 points earned
cost per point = 0.672 cents per point

Buy 2 $500 cards at CVS for $1,007.90
1x points = 1007.90 points earned
cost per point = 0.784 cents per point

Buy 2 $500 cards at Chase for $1000.00
1x points = 1000.00 points earned
cost per point = FREE (but you can only do this once every 30 days)
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#1166
[QUOTE=whitedudesuper;61349530]Buy 5 $200 cards at staples for $1,034.75
5x points = 5173.75 points earned
cost per point = 0.672 cents per point

Buy 2 $500 cards at CVS for $1,007.90
1x points = 1007.90 points earned
cost per point = 0.784 cents per point

Buy 2 $500 cards at Chase for $1000.00
1x points = 1000.00 points earned
cost per point = FREE (but you can only do this once every 30 days)[
/QUOTE]


No, you can purchase $2700 in chase cards per CC per 30 days. 2700 points earned per month per CC. You can then put it on bluebird over 3 days for free and write yourself checks for free or mail a check to chase to pay for your cc bill. Even if you do not plan on manufacturing spend beyond the minimum spending, some would argue 2700 point + 60k points bonus for free is better than anything at cost Smilie

Or you can just do both!

ps
are the staples cards in store only? We do not have staples here Frown
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Last edited by johny3 August 15, 2013 at 07:01 PM
#1167
You can get 1.5 cents per Chase point at Miles Above Brokerage (http://mabrokerage.com/). More than rewards 2 cash, if you want cash for your points rather than flyer miles.
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Last edited by skhomer August 15, 2013 at 08:26 PM
#1168
can anyone help on how to rack up $5000. I just finished my amex and getting started to use this card. have less then a month to complete deadline. tia
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#1169
Quote from hearts2stars View Post :
can anyone help on how to rack up $5000. I just finished my amex and getting started to use this card. have less then a month to complete deadline. tia
Less than a month? That is tough.

1. Chase gift cards. You can pick up $2500 (5 x $500 gift cards)
2. Pay in advance any monthly bill you have that accepts CC (cell phone, cable, utilities, etc...) Usually you can carry a $500 credit with these people and when your new bills come out it will just take from the credit.
3. Amazon Payments
4. Buy prepaid cards from office supply store (you get 5x points but there are activation fees)
5. Buy any reliable free after rebate deal you can find. There are some going on at Newegg right now. (such as http://slickdeals.net/f/6230076-Free-After-Rebate-BitDefender-Internet-Security-2013-2-Years-3-Users?v=1)
6. Do your holiday shopping early (if you have the cash available). This has the added bonus of not having to be stressed at the last minute at holiday time.
7. If you don't have a 5% gas credit card, buy prepaid gas cards (at an office supply store if they sell them so you can get 5x points)

Good luck!
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Last edited by Killerz August 21, 2013 at 05:03 AM

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#1170
Questions: What categories of spending yield 5X points?

When I first applied for the card, here was what I learned to earn points:
"Earn 5X points per $1 on the first $50,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services.
Earn 2X points per $1 on the first $50,000 spent annually at gas stations and for hotel accommodations when purchased directly with the hotel.
Earn 1X point per $1 on all other purchases, with no limits on how much you can earn.
Points do not expire."
Speaking of cost per point, buying GC and pay $5.96 activation fee at office supply stores is still better than buy $500 vanilla reload plus $3.95 activation fee at CVS.
I also see that instead of buying GCs, I can still earn 5X points for "cellular phone, landline, internet, and cable TV services."
As a result, I'd like to pay in advance for Internet and phone services. To test if I actually earn 5X points, I tried to pay Internet and phone services for 1 month, no in advance yet.
After waiting a couple of days for the transaction to go through, I logged in and saw Chase put my my T-mobile payment in Utilities but the Internet payment (for Charter) in Miscellaneous. I edited the description and changed from "Miscellaneous" to "Utilities".
So again, the question is will I earn 5X points for that "Utilities" category or it's the best to call Chase CS directly and ask?
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