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Ink Business Cash® Credit Card: $900 Bonus Cash Back After you Spend $6,000 in the First 3 Months Expired

+74 Deal Score
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Chase is offering a $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening with the Ink Business Cash® Credit Card. No annual fee.

Thanks to Deal Editor iconian for posting this deal.

Card Details: Slickdeals may be compensated by Chase.

Original Post

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Edited March 20, 2023 at 07:44 AM by
Chase is offering a $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening with the Ink Business Cash® Credit Card. No annual fee.

Card Details:
  • OFFER ENDING SOON: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • 0% introductory APR for 12 months on purchases
  • Member FDIC

Slickdeals may be compensated by Chase.
Created 10-28-2022 at 10:58 AM by iconian | Staff
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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.

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Yes, apply as a sole proprietor with your social security number instead of an EIN and your business name the exact same as your own legal name. Zero employees. Business income can be listed as little as $1,000 (resale, babysitting whatever it is you do)

Most Ink card require a recon call or get a pop-up saying you will hear about a decision later. About 90% of people get that. Also, most get a low limit ($3-4K)

Remember the $900 comes back as points, not cash (but can be converted to cash).
Got this card mid October for the regular $750/7500 promotion. Called in today to see if I could get the $900/6000 promotion and they did it no problem, just have to have reached the 6000 threshold when calling. In case anyone is in the same situation as I was 👍🏻
No, they most certainly don't, and no, it's not income

I've got 7 figures of Chase UR points and 0 1099s.

It's not income.

The IRS agrees it's not income.

If you have to spend anything to get it, it's a REBATE, not income. Not taxable, No 1099.



Here's a bunch of sources all telling you you're wrong

https://www.cnbc.com/select/are-c...%2Dtaxable.




https://www.cnet.com/personal-fin...s-taxable/





https://calibrecpa.com/tax-regula...k-rewards/





I could list 20 more- they'd all say the same.



The only time you get a 1099 from Chase (or any bank) for CREDIT CARD BONUSES is if it's a non spending bonus


Like a referral.

And ONLY if those add up to more than $600 in a year.

NOT for signup bonuses which require spend. Which, again, are not taxable and no 1099 is issued


Also taxable would be things like offering you $ or points for opening a checking or savings account--- because you don't need to SPEND anything. So if that added up to more than $600 you'd get a 1099.


But credit card spend required signups? Not income. No 1099.

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Joined Feb 2006
R U an ultracrepidarian?
> bubble2 74,056 Posts
203,937 Reputation
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iconian | Staff
10-28-2022 at 11:18 AM.
10-28-2022 at 11:18 AM.
Reply
Joined Oct 2006
L3: Novice
> bubble2 264 Posts
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SUNSHINE Gal
11-01-2022 at 11:48 AM.
11-01-2022 at 11:48 AM.
This IS a totally different CASH card! Thanks OP!
Reply
Joined Dec 2013
L6: Expert
> bubble2 1,591 Posts
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elite-fusion
11-02-2022 at 07:46 AM.
11-02-2022 at 07:46 AM.
any ideas on how to churn the $6k?
Dont have any such large purchases coming up in the near future, so just trying to figure out what would be the best way to spend the money without really spending it lol

Paypal is one way, but it comes at a $217 cost to do so, which would essentially eat out of the $900 cash back that you'd get from this card, which in turn make is a worser deal that it actually is...

Any ideas?
1
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Joined Jun 2020
L3: Novice
> bubble2 135 Posts
30 Reputation
RlndV
11-15-2022 at 12:53 PM.
11-15-2022 at 12:53 PM.
Quote from elite-fusion :
any ideas on how to churn the $6k?
Dont have any such large purchases coming up in the near future, so just trying to figure out what would be the best way to spend the money without really spending it lol

Paypal is one way, but it comes at a $217 cost to do so, which would essentially eat out of the $900 cash back that you'd get from this card, which in turn make is a worser deal that it actually is...

Any ideas?

You should not spend more than you usually do just because of bonuses.

Otherwise there is "manufactured spending" if done carefully won't get your account shut down.
1
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Joined Feb 2021
New User
> bubble2 17 Posts
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IndigoMask5703
11-15-2022 at 06:53 PM.

Our community has rated this post as helpful. If you agree, why not thank IndigoMask5703

11-15-2022 at 06:53 PM.
Quote from elite-fusion :
any ideas on how to churn the $6k?
Dont have any such large purchases coming up in the near future, so just trying to figure out what would be the best way to spend the money without really spending it lol

Paypal is one way, but it comes at a $217 cost to do so, which would essentially eat out of the $900 cash back that you'd get from this card, which in turn make is a worser deal that it actually is...

Any ideas?

Pay your property taxes or any other big ticket items.
1
Reply
Joined Mar 2011
L10: Grand Master
> bubble2 11,063 Posts
1,208 Reputation
gibsonbass
11-15-2022 at 07:00 PM.
11-15-2022 at 07:00 PM.
Quote from elite-fusion :
any ideas on how to churn the $6k?
Dont have any such large purchases coming up in the near future, so just trying to figure out what would be the best way to spend the money without really spending it lol

Paypal is one way, but it comes at a $217 cost to do so, which would essentially eat out of the $900 cash back that you'd get from this card, which in turn make is a worser deal that it actually is...

Any ideas?
Prepay utility bill, cell phone bill, costco cashcard, property tax
1
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Joined Sep 2006
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> bubble2 851 Posts
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dingdong123
11-15-2022 at 07:16 PM.
11-15-2022 at 07:16 PM.
Anyways to apply as an individual rather than business? I have 6k spend coming up, $900 saving would be great.
2
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Joined May 2014
L6: Expert
> bubble2 1,334 Posts
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STRFSH
11-15-2022 at 07:38 PM.

Our community has rated this post as helpful. If you agree, why not thank STRFSH

11-15-2022 at 07:38 PM.
Quote from dingdong123 :
Anyways to apply as an individual rather than business? I have 6k spend coming up, $900 saving would be great.

Yes, apply as a sole proprietor with your social security number instead of an EIN and your business name the exact same as your own legal name. Zero employees. Business income can be listed as little as $1,000 (resale, babysitting whatever it is you do)

Most Ink card require a recon call or get a pop-up saying you will hear about a decision later. About 90% of people get that. Also, most get a low limit ($3-4K)

Remember the $900 comes back as points, not cash (but can be converted to cash).
3
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Last edited by STRFSH November 15, 2022 at 07:49 PM.

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Joined Aug 2017
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> bubble2 11 Posts
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DANIELP8588
11-16-2022 at 07:40 AM.
11-16-2022 at 07:40 AM.
It was $750 when I got the card 2 months ago.
Still enjoying the card and getting tons of 5% reward points at office supply stores(GCs), cell phone and internet bills.
Once you get the points, you can transfer to your personal Sapphire cards for travel redemption at rates of 1.25x or 1.5x(Reserve)
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Joined Aug 2017
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> bubble2 11 Posts
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DANIELP8588
11-16-2022 at 08:03 AM.
11-16-2022 at 08:03 AM.
Quote from gibsonbass :
Prepay utility bill, cell phone bill, costco cashcard, properPt
Quote from gibsonbass :
Prepay utility bill, cell phone bill, costco cashcard, property tax
Property tax!
I like that!!!!​
Reply
Joined Apr 2006
L7: Teacher
> bubble2 2,216 Posts
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FreeBaGeL
11-16-2022 at 08:05 AM.
11-16-2022 at 08:05 AM.
Do business apps count for the Chase 24/5 rule?
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