Ink Business Cash® Credit Card: $900 Bonus Cash Back After you Spend $6,000 in the First 3 Months
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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.
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®.
If you take advantage of an offer on our site, Slickdeals may receive a commission.
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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.
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
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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Man this is a great deal. I couldn't see anything on the offer that says you can't redeem if redeemed before. I checked the Program Agreement PDF too. Can someone please chime in if they have knowledge. I've redeemed a bonus offer from this card back in 2019.
Man this is a great deal. I couldn't see anything on the offer that says you can't redeem if redeemed before. I checked the Program Agreement PDF too. Can someone please chime in if they have knowledge. I've redeemed a bonus offer from this card back in 2019.
@MagusUnltd When you go to sign up it says you are limited to one offer for ink in the last 24 months
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).
I just applied online and got the message saying 7-10 days. Should I call the recon line during or wait? Thanks!
Could paying federal tax via Pay1040 at 1.87% be a better approach?
That's what I'm planning on doing.
Applied and got approved for $5k.
Going to call them tomorrow and have them transfer the credit allotment from one of my other Chase cards to this one.
Grabbed this card a few years ago. Used it solely to get the cash back for my internet and cell phone bills, until Verizon offered a better discount using auto pay (direct withdrawal from my bank account). Now, I rarely use it except for infrequent purchases from Staples.
Side note: Chase will not allow you to merge business and personal credit card accounts onto a single website login. You'll need to have separate logins if you have both personal and business credit cards.
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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).
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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I like that!!!!
I think this is the first time ever someone was happy to be reminded about property tax...
I like that!!!!
Yeah I never heard of paying property taxes with a credit card unless some stupid fees. People just make sh*t up.
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This card does not count toward 5/24, but you have to be at 4/24 or lower to get approved
Ever sold something on Ebay? Oh look, you have a business!
Heck, ever PLAN to sell something on ebay? Oh look, you have a business that just hasn't earned any income yet but you can certainly PLAN to....
Apply as sole proprietor, using your SSN as the tax ID.
Heck, ever PLAN to sell something on ebay? Oh look, you have a business that just hasn't earned any income yet but you can certainly PLAN to....
Apply as sole proprietor, using your SSN as the tax ID.
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).
I just applied online and got the message saying 7-10 days. Should I call the recon line during or wait? Thanks!
That's what I'm planning on doing.
Applied and got approved for $5k.
Going to call them tomorrow and have them transfer the credit allotment from one of my other Chase cards to this one.
Sign up for a Slickdeals account to remove this ad.
Side note: Chase will not allow you to merge business and personal credit card accounts onto a single website login. You'll need to have separate logins if you have both personal and business credit cards.