Chase is now offering a whopping 50,000 bonus points on their “Ink Bold business credit card,” up from the previous bonus offer of 25,000 points.
Ink Bold is actually a charge card, as there is no credit limit and you can’t carry a balance beyond 30 days.
This is good news for those who need purchasing power while running a business, but don’t like to be subjected to finance charges.
You’ll enjoy a flexible spending limit that automatically adjusts as your business needs change.
The downside is the annual fee of $95, but with the aggressive bonuses being offered with this credit card, it beats competitors by a mile.
How the Bonus Works
You get 25,000 bonus points after your first purchase, and if you spend $10,000 within the first 3 months your account is opened, you’ll earn another 25,000 bonus points, which makes it a total of 50,000 bonus points, good for $500 cash back or $625 towards airfare or hotel accommodations.
The points are worth 25% more when redeemed for travel, which is why you get more when redeeming them that way.
Points can be transferred to top airline and hotel partners at a 1:1 value, and you get a one-year complimentary Priority Pass™ airline lounge membership, along with trip insurance.
Bonus Points Galore
You get 1 point per dollar spent as well, so you could easily rack up 100,000 points in your first year, enough for $1,000 cash back.
You earn 2 points for each $1 in airfare and hotel purchases made through the program’s online booking tool, and 2X points for each $1 in purchases made at gas stations, hotels, motels, and travel agencies.
Additionally, you get 5X points for all wireless/telecommunications services (excluding equipment), cable and satellite television services, and radio services paid for with the Ink Bold credit card. And 5X points at office supply stores and wholesale distributors of office supplies.
And because the points never expire, you won’t have to worry about redeeming them if you’re not quite ready to use them.
So you can easily see where it’d be pretty easy to rack up a ridiculous amount of points in a hurry if you use your credit card for your business frequently.
Additionally, you get free cards for your employees, and you can set their spending limits individually to ensure they don’t get carried away on the company dime.
And you earn points on their purchases!
There’s no annual fee for the first year, a $95 savings.
Keep in mind that Ink Bold does require excellent credit in order to be approved.
If you’re interested, act now. This offer likely won’t last long!