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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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Deal
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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 Dec 2014
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> bubble2 7,653 Posts
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someoneslick
12-07-2022 at 02:58 PM.
12-07-2022 at 02:58 PM.
This is so frustrating. All year over and over threads on non-business card great welcome bonuses and same with checking and savings accounts. Now when i want to open some nothing around.
Reply
Joined Dec 2014
L10: Grand Master
> bubble2 7,653 Posts
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someoneslick
12-07-2022 at 05:25 PM.
12-07-2022 at 05:25 PM.
Quote from CleverRoom745 :
Unfortunately the world doesn't revolve around you. When there is an offer, you need to go for it and find a way to satisfy the requirements.
yes it does. and also one would think around holidays is when best offers would be.
Reply
Joined Jun 2006
Wow Amazing Slick Deal
> bubble2 1,411 Posts
71 Reputation
mcali786
12-07-2022 at 06:26 PM.
12-07-2022 at 06:26 PM.
Received the $900 bonus, apart from the gift card promo 10%, what are good redemption options? I see we just missed the Apple event of 10% less points required but now they have Apple gift card 10% off....

Wondering if I should just redeem for statement credit!

Plus don't forget about the 0% APR for 12 months on spending 6K to get these points Wink
Reply
Joined Aug 2004
L5: Journeyman
> bubble2 840 Posts
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dealkk
12-08-2022 at 08:20 AM.
12-08-2022 at 08:20 AM.
I have chase business unlimited right now, do you think i am qualified for this?
Reply
Joined Nov 2008
L2: Beginner
> bubble2 96 Posts
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almondjoy247
12-08-2022 at 02:00 PM.
12-08-2022 at 02:00 PM.
I guess we can also prepay taxes with a small fee.
Reply
Joined Sep 2015
L3: Novice
> bubble2 160 Posts
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curmathew
12-09-2022 at 06:08 PM.
12-09-2022 at 06:08 PM.
Quote from SensibleBuffalo396 :
thank)s. But I guess they will simply decline the application if I input 0 or $100 annual revenue
I put in $0 revenue and got approved 1 month ago ($800 offer back then) w/o recon. My version of the story is that I'm preparing for a YouTube or TikTok business but just not get any income yet.
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Joined Sep 2015
L3: Novice
> bubble2 160 Posts
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curmathew
12-09-2022 at 06:44 PM.
12-09-2022 at 06:44 PM.
Quote from flashburn2012 :
How are people transferring points to their Sapphire card? It seems like the business account is completely separate from everything else.
If you have separated personal and business logins, call Chase and ask them to link your personal profile into your business login. After that, you will still have 2 logins, but the business one can see both your personal and business accounts, and you can transfer points from there.
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Joined Sep 2009
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> bubble2 15,327 Posts
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Knightshade
12-09-2022 at 06:52 PM.
12-09-2022 at 06:52 PM.
Quote from mcali786 :
Received the $900 bonus, apart from the gift card promo 10%, what are good redemption options? I see we just missed the Apple event of 10% less points required but now they have Apple gift card 10% off....

Wondering if I should just redeem for statement credit!

Plus don't forget about the 0% APR for 12 months on spending 6K to get these points Wink

Since this is really 90,000 UR points the best redemptions, by FAR, is transfers to chase travel partners (airlines and Hyatt in particular)

But you need at least 1 annual-fee chase card to do that, Still, you can pretty easily get north of 2 cents a point that way (or 4-5 cents for premium airline bookings) rather than just 1-1.1 cents for various cash/gift card options.
Reply
Joined Sep 2015
L3: Novice
> bubble2 160 Posts
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curmathew
12-09-2022 at 06:57 PM.
12-09-2022 at 06:57 PM.
Quote from mcali786 :
Received the $900 bonus, apart from the gift card promo 10%, what are good redemption options? I see we just missed the Apple event of 10% less points required but now they have Apple gift card 10% off....

Wondering if I should just redeem for statement credit!

Plus don't forget about the 0% APR for 12 months on spending 6K to get these points
Don't redeem them for statement credit. Get one of the Chase Sapphire cards and you can convert the cash bonus to MR points ($900 = 90k points). Those MR points can transfer 1:1 to airline mileage, or 1pt=1.25/1.5 ct when you book flight or hotel using Chase's portal, which make your $900 worth $1125 or $1350, depending on which Sapphire card you have.

The Sapphire cards have annual fee but also come with high welcome bonus, and you can close the card after redeeming the points and after one year.
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Joined Dec 2010
L3: Novice
> bubble2 138 Posts
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dakaz
12-09-2022 at 07:06 PM.
12-09-2022 at 07:06 PM.
Quote from dealkk :
I have chase business unlimited right now, do you think i am qualified for this?
Yes but be prepared for them to call you and ask how you want to split the credit line
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Joined Dec 2010
L3: Novice
> bubble2 138 Posts
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dakaz
12-09-2022 at 07:10 PM.
12-09-2022 at 07:10 PM.
Quote from curmathew :
Don't redeem them for statement credit. Get one of the Chase Sapphire cards and you can convert the cash bonus to MR points ($900 = 90k points). Those MR points can transfer 1:1 to airline mileage, or 1pt=1.25/1.5 ct when you book flight or hotel using Chase's portal, which make your $900 worth $1125 or $1350, depending on which Sapphire card you have.

The Sapphire cards have annual fee but also come with high welcome bonus, and you can close the card after redeeming the points and after one year.
Just to prevent confusion, Chase issues Ultimate Rewards (UR) while Amex issues Membership Rewards (MR).
Reply
Joined Jun 2006
Wow Amazing Slick Deal
> bubble2 1,411 Posts
71 Reputation
mcali786
12-09-2022 at 09:44 PM.
12-09-2022 at 09:44 PM.
Quote from curmathew :
Don't redeem them for statement credit. Get one of the Chase Sapphire cards and you can convert the cash bonus to MR points ($900 = 90k points). Those MR points can transfer 1:1 to airline mileage, or 1pt=1.25/1.5 ct when you book flight or hotel using Chase's portal, which make your $900 worth $1125 or $1350, depending on which Sapphire card you have.

The Sapphire cards have annual fee but also come with high welcome bonus, and you can close the card after redeeming the points and after one year.
Apprecite the write-up and repped but I'm not eligible for a Chase Fee card, (actually Reserve and Preferred comes up as pre-approved) but I've had the preferred 2years ago, when I called to confirm if I can apply, rep said no, 4 years wait.

Too bad you can't simply transfer to airline/hotel from INK Business card (eiither cash/unlimited version).
Reply
Joined Aug 2009
L6: Expert
> bubble2 1,655 Posts
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shystalips
12-10-2022 at 03:13 AM.
12-10-2022 at 03:13 AM.
[QUOTE=mcali786;160095379]Received the $900 bonus, apart from the gift card promo 10%, what are good redemption options? I see we just missed the Apple event of 10% less points required but now they have Apple gift card 10% off....

Wondering if I should just redeem for statement credit!
Reply
Last edited by shystalips February 22, 2023 at 08:03 AM.
Joined Nov 2008
L2: Beginner
> bubble2 96 Posts
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almondjoy247
12-10-2022 at 06:02 AM.
12-10-2022 at 06:02 AM.
Quote from shystalips :
DO NOT just redeem for statement credit if you have one of the sapphire cards. There are a ton of transfer partners for higher redemptions. That and many of us jedi's know there are ways (that I would rather not mention here) to get that increased 1.25 or 1.5x redemption for cashApplause

repped… can you please let me know the ways to make use of sapphire points instead of statement credit?
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Joined Aug 2009
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> bubble2 1,655 Posts
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shystalips
12-10-2022 at 06:13 AM.
12-10-2022 at 06:13 AM.
Message sent
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