70,000 Point Chase Ink Plus Credit Card Offer!!!

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UPDATE: This offer has expired. To see the most up to date offer for this credit card you can check out the promotions page.

This is a limited time promotion where the Ink Plus® Business Credit Card is offering an additional 20,000 points for new applicants who meet the minimum spend requirements. You can now earn 70,000 Ultimate Reward points after spending $5,000 on the card within the first three months. This is the highest online offer I’ve seen for this card possibly ever. Unfortunately though, this offer does not waive the annual fee for the first year, which is $95 a year.

  • Key Link: Ink Plus® Business Credit Card

Chase Ink Plus

This is a HUGE bonus for this card and a rare opportunity to earn this number of Chase Ultimate Reward points on a single credit card sign up. Also, a year ago Chase started issuing Visa’s or this credit card, not MasterNew applicants of this card will also receive a Visa, not a MasterCard as it has been in the past (this changed back in the Fall of 2013). This means you will have access to the Visa Savings Edge Program

Chase Ultimate Rewards are one of my favorite currencies as the program is very flexible. You can either use your points through the travel portal or transfer them to partner loyalty programs at a 1:1 ratio (with no fee!). These partners include:

  • United
  • British Airways
  • Korean Airways
  • Southwest
  • Virgin Atlantic
  • Hyatt
  • InterContinental Hotels Group
  • Marriott
  • Ritz Carlton
  • Amtrak

How would I value 70,000 Chase Ultimate Reward points?

I’d personally value 70,000 Chase UR points at about $1,700. My personal favorite transfer value is to Hyatt, United, and British Airways. With these three partners I can get at least 2 cents per point. Of course it all depends on how you value your points, but if you’d prefer to use the “Pay for travel” option, points from a Chase Ink Plus account can be redeemed with 1 point = 1.25 cents towards the purchase of travel. This means that 70,000 points is equal to a minimum of $875!

Is 20,000 more points worth paying the annual fee the first year?

As I mentioned above, this offer is 20,000 more then the normal offer. Typically you get 50,000 points after meeting the minimum spend requirements, but for a limited time you can earn 70,000. The minimum spend requirement has stayed the same, but the key difference is that with this 70,000 point offer is that the annual fee of $95/year is not waived the first year. In the paragraph I talked about the “Pay for Points” option where you get 1.25 cents per point. This is the minimum value you should be getting for your points through this card. With that option, that means the 20,000 extra points is valued at a flat $250. This is clearly higher than the $95 annual fee making the 70,000 point offer significantly better. And for those that value their points at 2 cents per point, the extra 20,000 points is giving you another $400 in value.

What are the other benefits of these cards?

With this card you earn a nice number of bonus points with popular spend categories:

  • Chase 5x points per $1 on business expenses up to a maximum of 200,000 bonus points/$50,000 spent (business expenses include: wireless communication services, cable and satellite television and radio services, office supply stores and wholesale distributors of office supplies)
  • 2x points per $1 at gas stations, hotels and motels up to a maximum of 50,000 bonus points/$50,000 spent
  • 1x points per $1 on all other purchases – no limit on points you can earn

Do I need to have a registered business to apply for the card? The short answer is no. You are able to apply for a card as a “Sole Proprietorship” and use your social security number. If you have any side businesses, even if they are not registered businesses, you can apply for a business card and use your name as the business name, if you want. For example, I applied and got approved for the Chase Ink Plus card prior to filling out all the paper for Deals We Like.

Overall, I highly recommend this card. If you’ve been following this blog you are probably already well aware that the 5x points at office supply stores is huge! Remember, many office supply stores, such as Staples and Office Depot, sell many other items other then pens and paper! You can purchase iPads, paper towels, diapers, other merchant gift cards (i.e., Marriott, Southwest, Amazon.com, Bed Bath and Beyond, etc.). I even see that they are selling a hair straightening iron through Staples.com which will get you the 5x points! Being able to get 5x points on those purchases, plus your entire cell phone, cable, and internet bill is great!

If you are new to the Chase Ultimate Rewards program, you can read more about it in this prior blog series.

Key Links: 

  • Ink Plus® Business Credit Card – 70,000 bonus points after you spend $5,000 in the first 3 months; $95 annual fee

The responses below 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.


  1. I’d be happy to refer you — have 7 referrals available! Email me at lwolfwalker at Hotmail dot com with your name and email address. A bonus for you and one for me — the best of both worlds! Thanks!

    • @Matt – Chase is flagging the accounts that are really really abusing the applying and canceling. Those that apply for MANY cards a year then cancel all prior to the first year hitting. Although there is no hard amount, if you casually apply for credit cards you are fine.

  2. Hi Everyone — I have 5 referrals available too. Email me at justindstern at gmail with your name and address and I’ll forward you a referral ASAP!

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