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Ink Business Cash® Credit Card: $900 Bonus Cash Back After you Spend $6,000 in the First 3 Months Expired
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.
Thanks to Deal Editor iconian for posting this deal.
Card Details: Slickdeals may be compensated by Chase.
Original Post
Written by
Edited March 20, 2023
at 08:44 AM
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:
Slickdeals may be compensated by Chase.
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 11:58 AM
by iconian | Staff
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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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Pretty standard... not that instant approval for biz cards with Chase never happens, but it's uncommon.
Follow the flow-chart here
https://imgur.com/a/oXlPW
Follow the flow-chart here
https://imgur.com/a/oXlPW
You can take it as $900 cash but value is a lot lower than if used for travel- which if you hold any paid chase card would be 25-50% more on the low end (via travel portal) or 200-500% more on the higher end (hyatt or premium airfare bookings via point transfers)
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I am on the west coast.
I applied, under review with approval email 0.5 seconds later.
Dang I did not get approval yet. Wonder what I did wrong. Credit score is great and already a chase customer
I have had a southwest business card with chase prior and hold a few Amex business cards. My business is over 12 years old if that makes a difference
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Yes. There is no restriction on how you spend $6k.