Chase is offering 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening with the Ink Business Preferred® Credit Card. The annual fee is $95.
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Card Details:
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Edited July 12, 2024
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Chase is offering 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening with the Ink Business Preferred® Credit Card. The annual fee is $95.
Card Details:
Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 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.
Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
Points are worth 25% more when you redeem for travel through Chase Travel℠
Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Member FDIC
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Also you can make estimated payments on your federal tax I believe it's 1.87% fee then reduce your withholdings to pay less to account for estimated payment. Otherwise get it back next year as refund etc..
Ever have an IDEA for a business but haven't done anything with it yet? Look, you have a business!
Apply as a sole proprietorship, the business name is the same as your name, the EIN is your SSN.
You can do considerably better than 3 cents a point with most business and first class airline transfers (a booking to Japan earlier this year in business was about 7.4 cents a point for me for example though this is toward the high end)
Also I'd double check your "normally" results- 3 cents is high for typical Hyatt use, 2-2.5 is more typical.
Mind you- Hyatt is still worth doing compared to the portal or PYB or taking it as cash-- and even usually beats coach airfare values--- but typically is inferior to biz/first plane tickets via transfers.
How much are you spending that you're earning 3 million UR every year?
This is actually a much LOWER spend that it has been for most of the last couple years- normally it's been 15k for this card.
https://www.doctorofcre
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BTW, wife has no fee Ink cards, both cash and unlimited, can she refer me for this card? or you have to have the same card to refer to someone? Thanks again.
Haven't really explored the Chase UR portal for anything but hotels. Chase leverages Expedia for that. My experience has been the UR points are best maximized for overseas travel in conjunction with the Reserve 1.5 valuation. Spent a month in Italy and Asia and used less than 200K UR points all for stays in some decent hotels.
That's assuming you are otherwise qualified to get the card (below 5/24, below 2/30, and haven't gotten a bonus for the specific new card you are applying for in the last 24 months)
I've gotten SUBs on the Ink preferred, the ink cash, the ink unlimited, and then the ink preferred a second time (more than 24 months after the first ink preferred bonus) for example.... that's on top of SUBs for the business Marriott card and any number of personal chase cards.
Sign up bonus
Ohhh....cool...Newbie here... Ty. I got all the points for my business unlimited. Maybe a good time to get more points on this business preferred.
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You can refer anybody (though there's a cap to how many per year you can benefit from- I think it's 5--- also if you exceed $600 in value in referral bonuses from the same bank (60k pts as Chase reckons it) you might get a 1099)
Because they have direct cash equivalent value (ie you can get $1 cash for each 100 points directly if you wish)-- and unlike sign up bonuses requiring minimum spend, referral bonuses are income and thus taxable.
And yes I'm sure- it's been widely reported for years.... USUALLY they only do it for $600 (60k points) or more, but sometimes have done it for less.
https://onemileatatime.
https://www.doctorofcre
https://www.reddit.com/r/CreditCa...s_in
Ok, but the IRS is who you should be mad at then....they're the ones who make the rules on this.
If you get a bonus that requires a specific spend- that is NOT taxable, because IRS considers it a rebate on your spending.
If you get a bonus that does NOT require any spend- that IS taxable--- this applies to things like new bank account bonuses, new brokerage bonuses, and credit card referral bonuses.... If the bonus is something other than straight cash the gifter of the bonus must assign it a cash equivalent value for tax purposes on the 1099 they file... (though again if the value is under $600 they don't technically need to file a 1099, and don't always do so... YOU are still supposed to report it yourself, but few do)
In this case chase assigns 1 cent a point... because that is the literal cash value of the points.
It's worse for other such rewards who sometimes assign a cash value higher than you can directly get as-cash for their points. In that case you can dispute the value with the IRS... article on that here:
https://viewfromthewing
But you'd be unlikely to get anywhere with Chase UR, since as I said, they're reporting literal cash value.
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Where do you see CSR 90K in-branch offer? Do you mean CSP?