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These offers have expired – congrats to those who got in on the increased bonuses!
Two of my favorite rewards credit cards, the Ink Plus and the Ink Cash business cards from Chase, both have increased sign-up bonuses that are advertized to end today, Monday May 25th. Getting the largest sign-up bonus for the card you want is a key part of any good miles and points strategy, so I highly recommend applying for cards you want when bonuses are higher than normal, like now.
What is particularly good about these two cards is that not only are the sign-up bonuses increased for one more day, but they are cards with very strong ongoing earning power thanks to some 5x bonus categories.
Ink Cash® Business Credit Card: 30,000 points after spending $3,000 in the first three months, no annual fee
The limited time bonus offer on the Ink Cash gives $300 bonus cash (aka 30,000 points) after you spend $3,000 on purchases in the first 3 months. This is an increase over the usual $200 in bonus cash after you spend $3,000 in the first 3 months. What is absolutely great about this card is that it has no annual fee and it still gives 5x points at office supply stores and on cellular phone, landline, internet and cable TV services just like the Ink Plus. The only difference in that respect is that the cap with the Ink Cash is 5x on the first $25,000 spent each year instead of the first $50,000.
It also gives 2x points at gas stations and restaurants on the first $25,000 spent in those categories each anniversary year. You will see this card advertised as a cash back card, but the reality is that if you or your spouse also have the Ink Plus, Ink Bold, or Chase Sapphire Preferred card that you can use the points earned as transferable points to Ultimate Rewards partners like United, Hyatt, Southwest, Singapore, Marriott, and more (just like with the Chase Freedom).
This card can make more sense for some than the Ink Plus since it has no annual fee, still earns 5x, and the points can transfer to hotel and airline partners as long as you also have a card that earns full Ultimate Reward like the Chase Sapphire Preferred® Card. To put it another way, while the Ink Plus clearly has the higher sign-up bonus, but the Ink Cash may actually be better for many of us to keep for the long term thanks to having no annual fee.
Ink Plus Business Card: 60,000 points after spending $5,000 in the first three months, $95 annual fee
The sign-up bonus on the Ink Plus is also increased 10,000 points from the regular 50,000 point level to 60,000 points after you hit $5,000 in minimum spending in the first three months. The $95 annual fee is not waived with this offer.
This card awards 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year. It also earns 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year – 1x elsewhere.
You can transfer Ultimate Reward points 1:1 to partners like United, Southwest, Hyatt, Korean, British Airways, Marriott, Singapore, and more to take advantage of all of their various award charts. You could also choose to use them at 1.25 cents per points toward travel, which means this offer is worth over $750 toward travel via Ultimate Rewards if you use points in that manner (which I would not recommend for most).
Here is a post with some ways to use Ultimate Reward points that is a little outdated, but may get your ideas flowing.
Good luck if you decide to go for either of these small business credit card, just remember the offers are said to end today so don’t delay if you want in!
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.