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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 07:44 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 10:58 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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I'm also looking for this… anyone?
No - Visa cards cannot be used to pay your mortgage.
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yes, open 2 PayPal accounts and send yourself an advance. then transfer free to your bank and online bill pay or mail a check
Hm, what about the PayPal fees?
I tried to apply individually (with ssn) and was denied for not having banking with Chase and having opened too many cards in the last 2 years. Tried with an EIN and both Chase inks went through. Ymmv
My wife just got this card last month and her credit is around ~730.
3% (approximation of Paypal fees when sending money using credit card) of $6000 = $180.
$900 - $180 = $720
Sending money to yourself however is very problematic and if Chase catches you doing this, it won't be a good result.
Is that how you met your bonus qualification requirements? If yes,If they ever catch on to you (and they almost always do auditing), consider loosing all your chase cards.
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There is a 2.95% fee for using a credit card for my township, but I am still $800+ ahead.