Potential Changes to the Chase Ink Bold Card – Increase Minimum Spend Requirements

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It looks like the Chase Ink Bold card will be following in its footsteps of its sister card, the Chase Sapphire Preferred, and altering its promotion slightly. While the Sapphire Preferred card actually lowered its bonus from 50k to 40k two weeks ago (prior blog post), it looks like the Ink Bold will be keeping the same 50k bonus, but will be increasing the minimum spend requirements to earn the bonus points.

Starting tomorrow, April 18th, speculation is saying that the minimum spend will be doubling from $5,000 to $10,000. This amount must be met within the first three months of having the card, which is a pretty significant increase and for many will be hard to meet (it will most likely be 25,000 points after your first spend and another 25,000 points after $10k). As of right now though, you can still apply for the card under the current terms of the $5,000 spend needed. From my contacts at Chase, this link will still be active until 10am EST April 18th. If you’ve been on the fence with this card, now is a time to decide if it is the right card for you. I actually just signed my mom up for this card last week as my family has a very high monthly cable/internet/phone bill and will receive 5x points!

You can read a more detailed post of the Chase Ink Bold card here, but just to quickly recap:

  • Earn 50,000 Chase Ultimate Reward points after spending $5,000 on the card within the first three months
  • Annual fee of $95 is waived for the first year (read more about downgrading after year 1 to avoid the annual fee)
  • Earn up to 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)
  • Earn 2x points per $1 at gas stations, hotels and motels up to a maximum of 50,000 bonus points/$50,000 spent
  • Earn 1x points per $1 on all other purchases
  • No foreign transaction fees
  • Free additional cards (the primarily card holder will receive all the points)
  • Airport lounge access to over 350 VIP lounges worldwide. First two visits per year are free, then $27 per person.

If you aren’t too familiar with this card, this card earns Chase Ultimate Reward points which can be transferred to many partner loyalty programs at a 1:1 rate, including: United, British Airways, Korean Airways, Southwest, Hyatt, Priority Club, Marriott, Ritz Carlton, and Amtrak (read more about best airline and hotel redemptions). I am a huge fan of the Chase Ultimate Rewards program, and this card, especially when combined with the Chase Sapphire Preferred and Chase Freedom combo, can provide you with some of the best free travel options (read more about this trifecta).

To fully understand the benefits of this Chase Ultimate Rewards program, I strongly suggest reading the series I recently put together around this program and the affiliated cards. Reading this will be able to tell you whether or not this is the right card for you to travel for free and the best strategy to get the biggest bang for your buck.

Here is everything you need to know about the card and the program to redeem for free travel!

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  1. […] The New Chase Ink Bold credit card officially turned its minimum spend requirements to earn the 50,000 bonus points. For new applicants going forward, you will now receive 25,000 points after your first purchase and an additional 25,000 points after you spend $10,000 on the card within the first three months. Credit card application link. Blog Post […]


  1. Im new to getting biz credit cards but is it okay to charge the home Internet and cable on the biz card? I thought biz spending could only be on the biz card.

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