BREAKING: Chase Introducing 80,000 Point Bonus Chase Ink Business Preferred Later This Year

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Last week there was a rumor that Chase would be removing 5 points per dollar earning on its Ink small business cards, but grandfathering in existing cardholders.

We know a little bit more now via Bloomberg: Later this year Chase will be introducing a new >Chase Ink Business Preferred card with:

  • 80,000-point signing bonus after $5000 spend within 3 months
  • 3 points a dollar on the first $150,000 spend on “travel, telecommunications, shipping and advertising on social-media and search engines.”
  • $0 annual fee the first year, then $95 when applying in-branch (Update: in-branch $0 fee the first year no longer available.)

That’s a strong signup bonus and I like the expanded triple points earning.

It’s not confirmed at this point whether changes will come to existing Ink cards, or whether those will be discontinued.

It seems highly unlikely to me that they would product change a no annual fee card to one with an annual fee. And if they did there would have to be plenty of advance notice.

In contrast, since the annual fees are projected to be the same, it’s easier to product change Ink Plus to this new card if they decided to go that route.

Since I have a Chase Sapphire Preferred Card, I don’t need the Ink Plus which carries an annual fee.

(HT: Everyone)

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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  1. The real question is whether or not this will be subject to 5/24. I’ve been unable and unwilling to apply for the Reserve card because I’m over that limit. This would be a nice substitute if it’s not subject to those rules.

  2. @jW HPN – why on earth wouldn’t it be subject to 5/24? Chase has continually shown that it’s tired of churners like us. CSR was subject to 5/24 except for a lucky few who applied within minutes of the app being mistakenly posted.

    The real challenge with this game is not just that it’s getting much harder to earn (AMEX 1x/lifetime, Chase 5/24, Citi every 24 months per card family, potential BofA one personal card a ta time) but it’s getting painful to burn (availability is crap even in low travel periods like Feb).

  3. The 3x on travel is interesting, but I received a “reminder notification” from Chase recently, saying that the Ink card’s travel benefits only apply when traveling on business. That is a limitation I can’t live with.

  4. TLDR; Long time user of Amex Platinum (both personal & biz) … tired/fed-up of Amex BS/Wag-the-dog … loving Chase’s Reserve and InkPlus (see tremendous value beyond the first year and will keep both) … fingers-crossed for an Ink RESERVE!

    1. Amex Platinum has been systematically whittling down the benefits with nuanced terms, e.g., the $200 airline credit limited to1 airline and that too does NOT cover common expenses on that 1 airline! Chase’s Reserve $300 & Citi’s Prestige $250 out class hands down.

    2. Amex does NOT seem to understand that its card is not accepted as it used to be both within US and definitely overseas. Plus Amex does NOT seem to realize that Costco was the tipping point – and their network does NOT even begin to compare with Visa & Master network inside US and worldwide!

    3. Instead of taking the message from Costo & CSR & Citi Prestige, they continue onwards like IBM did in the 80’s … anyone remember the original IBM PC – exactly! Think of it as Chase = HP in 2016 (see the creativity), Citi = Dell (comeback kid).

    4. While Amex focuses on advertising, trickling enhancements, and plays wag-the-dog …
    >> Chase Sapphire Reserve gives the value to its consumers and has already outclassed Amex Platinum personal
    >> Chase Ink Plus (Preferred) already bests Amex Gold
    >> Chase Ink Reserve for Business [fingers crossed] with say a 6X category + some other benefits would easily knockout Amex Platinum Business OPEN!

    5. We would not need to look beyond Chase … especially since its UR is family-friendly (transfers) and they don’t nickel-n-dime their customers, e.g., transferring miles to domestic airlines (unlike Amex)

    But to be fair the one-up that Amex has is its Centurion lounges -BUT- Chase can add more than Priority Pass Select lounges to make a point … (hint hint for Ink Reserve)

  5. I received an email to apply for the Chase Ink Preferred. I’m way over 5/24, but could this be similar to in branch qualified offers that might bypass 5/24 rules?

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