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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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If you have a family or friend who you trust you can net up to 115k. I just got referral from my parents and they will give me the $40k. Got approved instantly with a "sole proprietorship"
$$$
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?
Buy items with tax exempt ID. Then sell to cashout wholesalers at cost.
I just received the Ink Business Unlimited® Credit Card today. Thinking of applying for one for my wife. Opinions on getting a 2nd Unlimited, vs. applying for the Ink Business Cash® Credit Card from this thread? I guess it might be good to have 1 of each...
my first CC in college was $100limit from Chase.
I just received the Ink Business Unlimited® Credit Card today. Thinking of applying for one for my wife. Opinions on getting a 2nd Unlimited, vs. applying for the Ink Business Cash® Credit Card from this thread? I guess it might be good to have 1 of each...
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How do you freeze credit with all 3 agency and how do you thaw before a new application. TIA
https://www.nerdwallet.
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