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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
If you take advantage of an offer on our site, Slickdeals may receive a commission.
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.

390 Comments

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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 Aug 2009
L6: Expert
> bubble2 1,655 Posts
1,166 Reputation
shystalips
12-10-2022 at 06:14 AM.
12-10-2022 at 06:14 AM.
Quote from almondjoy247 :
repped… can you please let me know the ways to make use of sapphire points instead of statement credit?

Message sent
Reply
Joined May 2013
New User
> bubble2 15 Posts
10 Reputation
KCHEN10102010
12-10-2022 at 03:46 PM.
12-10-2022 at 03:46 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?
Simply paying 2 payments of property taxes of your house will be more than 6K. It will cost about 4% fee abour 2 to 3 hundred dollars but you will net $900-300=$600. Still a deal!
Reply
Joined Jun 2006
Wow Amazing Slick Deal
> bubble2 1,411 Posts
71 Reputation
mcali786
12-10-2022 at 10:33 PM.
12-10-2022 at 10:33 PM.
Quote from shystalips :
Message sent
can you send me please too?
Reply
Joined Apr 2015
L2: Beginner
> bubble2 50 Posts
10 Reputation
ashvaksyed
12-11-2022 at 08:36 PM.
12-11-2022 at 08:36 PM.
Can we pay tuition fee with this card?
Reply
Joined Feb 2008
L2: Beginner
> bubble2 62 Posts
36 Reputation
runnerx
12-11-2022 at 08:41 PM.
12-11-2022 at 08:41 PM.
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

I would like to know too.
Reply
Joined Apr 2015
L2: Beginner
> bubble2 50 Posts
10 Reputation
ashvaksyed
12-11-2022 at 08:42 PM.
12-11-2022 at 08:42 PM.
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

I would like to know. Can please share more details?
Reply
Joined Jan 2007
L5: Journeyman
> bubble2 523 Posts
60 Reputation
djfeltl
12-13-2022 at 08:52 PM.
12-13-2022 at 08:52 PM.
Quote from ChoosyBeggar :
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.
Not true. I have my personal sapphire reserve and two business inks on one. Your personal merges to the business sign on. I also had them align all three to one due date.
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Joined Dec 2008
L4: Apprentice
> bubble2 358 Posts
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vmehta2
12-14-2022 at 04:44 PM.
12-14-2022 at 04:44 PM.
Has anyone got approval as Sole proprietor for 90k offer? I got "In Review" message. Should I do anything? I have a business card from Amex.
Reply
Joined Oct 2011
L2: Beginner
> bubble2 48 Posts
20 Reputation
mirek
12-14-2022 at 08:28 PM.
12-14-2022 at 08:28 PM.
annual fee?
Reply
Joined Dec 2014
New User
> bubble2 14 Posts
10 Reputation
shp5068
12-14-2022 at 09:12 PM.
12-14-2022 at 09:12 PM.
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
Can you share the details with me as well?
Reply
Joined Nov 2011
L5: Journeyman
> bubble2 619 Posts
34 Reputation
aopluu
12-14-2022 at 09:25 PM.
12-14-2022 at 09:25 PM.
I had chase ink unlimited , cash before (applied mrore than 4 yr ago), all closed last year & this year.

Does Ink has any clock requirement (24/48 months) like citi, or AMEX life time language terms? can I churn these cards again?

I read offer terms, looks like not mention anything about that. Wanna double check if anyone had experiences.


thanks
Reply
Joined Apr 2009
L9: Master
> bubble2 4,177 Posts
538 Reputation
emofals
12-14-2022 at 10:15 PM.
12-14-2022 at 10:15 PM.
Quote from shystalips :
Message sent
send me as well?
Reply
Joined Oct 2007
L5: Journeyman
> bubble2 728 Posts
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Importdude
12-14-2022 at 10:47 PM.
12-14-2022 at 10:47 PM.
ouch applied thru the phone via business banker and got 30 day email
Reply
Joined Dec 2016
L2: Beginner
> bubble2 80 Posts
46 Reputation
risri89
12-14-2022 at 10:57 PM.
12-14-2022 at 10:57 PM.
Quote from desitoyota :
I have couple of rental properties and I lease them through property management. Does it count as business to apply for this card?
And the combined rent on these two, I get around 48k/year. So shall I put the revenue as 48k? The net cash flow is less as I pay mortgage and taxes and fees on these.
Any help will be appreciated

Desi ji
Even if you put 1000 income its fine. Just apply as sole proprietor with your ssn

Saanu bhi edda hi kidda
Reply

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Joined Dec 2016
New User
> bubble2 8 Posts
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kdsoukup
12-16-2022 at 06:20 AM.
12-16-2022 at 06:20 AM.
Quote from STRFSH :
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).
Silly question. The "$900 comes back as points, not cash (but can be converted to cash)" statement-- those points can be converted to cash and withdrawn iao $900? Or less than $900?
Thanks!
Reply
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