Note: I don’t receive referral credit on any of the cards mentioned in this post. But, I do carry multiple Chase Ink cards in my wallet and think the benefits are amongst the best on the market.
It was only a few weeks ago that there were rumors Chase was coming out with a new Ink business credit card product. I’ve been a big fan of the Chase Ink Bold (now no longer available) and Chase Ink Plus (soon to be not available) for quite some time.
Chase upped their game recently with the Chase Sapphire Reserve card for folks looking to capitalize on their personal purchases with increased earning for travel and other purchases. Now, they’re changing things up with a new Business Preferred card coming to the Ink family. I’ll be discussing the merits of that card in the future, but for now I wanted to report on an important piece of information for existing Ink cardholders.
View From The Wing is reporting that Chase will keep the 5X bonus category in place (along with all the other current benefits) for existing Ink Plus cardmembers. This is one of my heaviest leveraged categories, with all the telephone, internet and cell phone bills for the various businesses I manage getting charged to this card, earning 5 Ultimate Rewards points per dollar. I also frequently take advantage of 5X on office supplies, buying plenty of gift cards to go along with my pencils and paper clips.
In short, the newly planned Chase Ink Business Preferred Card offering 3X points on these categories would be a big loss for me. I’m glad to see that they’re keeping Ink Plus’ benefits intact.
If you don’t have the Chase Ink Plus card yet, I highly recommend it. Ultimate Rewards points transfer on a 1:1 ratio instantly to a number of popular travel providers like United Airlines, British Airways, Hyatt Hotels, Marriott, Southwest Airlines and more. Stacking up bonus points is important for folks who don’t travel for a living (and even those that do).
Apply for it now before you can’t. As I said above, I don’t earn a red nickel when you apply for this card. But, I carry it in my wallet and highly recommend it.
The post We Have Confirmation That Chase Is Keeping 5X On Ink Plus For Existing Cardmembers was published first on Pizza in Motion