Ink Plus better offer is on its way

Heard it from a friend who heard it from a friend who… – REO Speedwagon

I have an unconfirmed report from a person with a friend “in the know” that on November 11, the Ink Plus signup offer will improve.  Reportedly, the spend requirement to get 50,000 points will drop from the current $10K in 3 months to only $5K.  My source thinks that the Ink Bold offer may improve as well.

Reason to believe

A couple of weeks ago, the Ink Plus sign-up page temporarily showed this better offer when accessed from affiliate web sites like mine.  This proved to be an error, and Chase quickly shut down that page.  However, new sign-up offers can’t just appear out of thin air (I don’t think).  Instead, it seems likely that Chase was preparing this new offer and accidentally released it too soon.

Now, while I do believe the better offer is coming, I don’t know if November 11th is really a date set in stone.  Even if Chase has given that date to employees, that doesn’t mean things won’t change between now and then.  That being said, I have no reason to disbelieve the date, so I’d give it better than even odds.  Plus, my friend Carol will be turning 50 on that date, so that can’t be a coincidence can it?

Seeing it coming

If Chase holds true to form, affiliates (i.e. bloggers like me) will be told a day or two ahead of time that they must disable their sign-up links to the Ink Plus (and to any other card affected) on a certain date.  At that point, you’ll see a slew of blog posts contemplating the meaning of this (e.g. “Will the sign-up bonus get better or worse?”,  “Is Chase changing the bonus categories of the card?”,  etc.)*.

* Answer key: 1) Better; 2) No

Which Ink offers will change?

Immediately after the accidental launch of the new Ink Plus sign-up offer, affiliates were told to disable links to the Ink Plus, Ink Cash, and Ink Classic, but not the Ink Bold.  The next day, the links were restored.  I thought it was strange at the time that the Ink Bold was excluded.  My guess now is that the Ink Bold may be the only Ink card in which the signup offer stays the same.  Hopefully we’ll see improved offers not just for the Plus, but for the Cash and Classic cards too.  Note, again, that this is just speculation on my part.

What to do?

If you’re thinking of signing up for an Ink card, you can simply wait until November 11 (or so) and see what happens.  If you’re eager to get an Ink card right away, though, I’d recommend the Ink Plus over the others.  The reason is that the Plus is the card most likely to get a better offer, and Chase is usually very nice about letting people switch to the better offer if they applied recently.  If you’ve already signed up for the Ink Plus, wait for the better offer to appear and then call or send a secure message to Chase asking if they can switch you to that offer.

See also

About Greg The Frequent Miler

Greg is the owner, founder, and primary author of the Frequent Miler. He earns millions of points and miles each year, mostly without flying, and dedicates this blog to teaching others how to do the same.

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Comments

  1. FM, If I apply for the new Plus and get it, will I get the bonus? I already have a Plus. I am running out of spend in my 100K cap for the Bold and Plus, and I am in desperate need for some more.

  2. I applied for a Plus (I already have a Bold in a different LLC) a couple of days ago but now I wonder if I should have gone for a Bold instead. If I started with a Bold and it got phased out I could then seek a Plus. It’s just second guesses at this point because the app is in.

  3. That is also the rumored date for a change to the Chase Exclusives program, so could be a big date for some tweaks to Chase products. Fingers crossed that your rumor is true!

  4. My wife signed up for the Ink Plus during the brief window when they had the 50,000 for 5K spend offer. Now Chase is refusing to honor it, despite the screen shots I’ve sent. They know she signed up during that offer period. They say the deal is now expired (irrelevant) and that it was targeted (not true). It’s not our fault they released it early. A deal is a deal, they need to honor it.

  5. I can confirm with 100% certanty that on November 13 (November 12 is a bank holiday) that the offer will change to $5,000 spend. The marketing materials in the chase branches and internal training programs are now showing that as the bonus. So, never fear! I would, however, be weary about the “please give me the lower offer” shtick. We’ve been getting requests denied recently. Just an FYI

  6. I’ve had the Ink Bold since April, use it enough but not as often as my SPG or Sapphire. I want to go for this since I’m due a churn in November. It would make 2 biz cards plus the Sapphire in a 9 month period however. I’m wondering what my rationale is when trying to persuade Chase to hand me another. My total Chase in the past 12 mos is pretty stocked: Southwest (12 mos ago), Sapphire (9 mos ago), Ink Bold (8 mos ago) & Brit Air (6 mos). Hate to p.o. Mr. Chase.

    • Mike: You could tell Chase that you’re interested in the Plus because you may want to run a balance now and then whereas with the Bold you are required to pay in full each month.

  7. I applied online for the Chase Business Ink on October 21 and was not immediately approved. Called in on October 23 due to my becoming impatient seeing all the Vanillas disappear at my local ODs! After a half hour interview, I was told I was approved and even given my new credit limit, which I no longer remember. After not receiving the card till today (October 30), I called again and was told that my application was still pending!!

    Seems like others on FT have had the same thing happen to them, so I would warn that you might not see this card for at least 2 weeks after applying.

  8. I jumped on this offer that was available for a brief moment…the $5000 spend. I got the card last week and confirmed the offer of $5000 spend with a chase representative. Thanks for your advice!

  9. I already have an Ink Bold MC. I’m interested in geting an Ink Plus VISA.

    Any details on if that’s possible, and if so, how? Thanks!

  10. I applied online for the Chase Business Ink on October 21 and was not immediately approved. Called in on October 23 due to my becoming impatient seeing all the Vanillas disappear at my local ODs! After a half hour interview, I was told I was approved and even given my new credit limit, which I no longer remember. After not receiving the card today (October 30), I called again and was told that my application was still pending!!

    Seems like some others on FT have had the same thing happen to them, so new applicants might not see this card for at least 2 weeks after applying.

  11. My first comment did not appear hours after I posted it (as did no other comments from anyone else) so I resent when I came home again. Sorry about the double post! My internet issue or boardingarea server issue again?

  12. FM, saw ur post just a couple hours too late. I applied yesterday for the Ink Bold (using ur referral links) and called the recon line today. Was approved in a few minutes w a 10k flex spending limit. Your posts have been great and I’ve been reading them religiously. I’ve scoped out the nearest OD and will be making my first purchase soon!
    Question: when this new offer for the Plus comes out, what are the chances of them applying it to my Bold offer?

  13. Thanks FM…I might be pushing my luck trying to go for the new Plus. I might just try for the classic and cash, and giving the reason I want no annual fee to the reconsideration. I could say I want to trade my fee-based inks to the on fee-based inks. What do you think?

  14. Chase finally agreed to honor the 50,000 points for $5,000 spend Ink deal my wife signed up for. It took many many emails to Chase before they agreed, so be persistent if you are in that position!

  15. Thinking about getting one of the Ink cards after seeing the min. spend might drop. Not sure the $95 fee is worth it after the first year though.

    Is there any benefit to the Bold/Plus over the Cash with no fee annually? Looks like they both get the 5X bonus for office suppliers and internet/cable,etc.

    Guessing you can’t drop down from Bold to Cash or anything like that but trying to think of a plan of action. Obviously the bonus is better for Bold but as a keeper I’m just not sure.

    Thanks!

    • Matt: The Ink Bold and Plus have two big advantages: 1) they allow you to transfer points to loyalty programs (United, Hyatt, Amtrak, etc.); and 2) they allow up to $50K per year in 5X category spend whereas the Classic and Cash allow up to $25K. If you want to avoid the annual fee, do something like this:
      1. signup for the Ink Plus when the better offer arrives
      2. After a year, signup for the Ink Bold (to get the new bonus). Call the reconsideration line right away and offer to close the Ink Plus in favor of the Ink Bold
      3. After a year, signup for the Ink Classic. (to get the new signup bonus). Call the reconsideration line right away and offer to close the Ink Plus in favor of the Ink Bold

  16. I was approved last week for the Bold but have not received the card yet, and therefore have not activated it. If I wait to activate the card when I receive it until we know more details about this, is it possible that I may be able to have them switch me over to the Plus offer instead without having to reapply for the Plus? I guess, the easiest would be they change they offer to the Bold as well and then I just ask for the new offer instead.

  17. Wondering i just got it this month will they honor it for me and not require the 10,000 if they change it lower now to the 5,000 ?

  18. Thanks FM. I was thinking something like that might be the way to go. I forgot to mention I’ve got the Sapphire Preferred so the transferring part wasn’t an issue. But the extra bonus does look well worth the trouble to apply/cancel later on and end up with the Ink Classic. And the 50k vs. 25k spend cap isn’t an issue for me as my business is limited to odd jobs, e-selling and the wife’s new blog getting started so not a huge spender there. Thanks again and keep up the good work!

  19. went to my local OD today (in Michigan) and there were a handful of VRs for sale. When I went to the register, the cashier refused to accept CCs for it, saying that they have a new policy of only accepting debit or cash. Have traditionally never had a problem at this location, so not sure if I got a rogue cashier (she did confirm with the asst manager) – in any case, time to check another location – hoping this is not a new systemwide policy.

  20. Went to OD today and the register refused to allow credit cards for VR. Unless this is a temporary change, looks like this is dead…

  21. I feel like kicking myself – I applied for the Ink Bold just this past week and got approved. Well, on the upside, I am glad to have used FM’s affiliate link, as a way of showing my gratitude for all the helpful info.

  22. I REALLY want to apply for the Ink Plus when the new offer is available however, I have been approved for 4 Chase cards in the past 10 months… the Marriott and SWA cards in late Dec., the Priority Club in late April and the United in late Aug. How long would you recommend waiting before applying for the Ink Plus?

    • Carol H: Have you applied for many other cards recently too? Not just with Chase? If you’ve applied for, say, 3 or more, in the past 2 months, I’d recommend waiting until 3 months have gone by before doing any more applications. If the United card was your only app in August, then you should be fine. The Ink cards are business cards so they are treated differently. Plus, you can actually use your credit on your other cards as a bargaining chip. If they don’t want to approve a line for you with the Ink Plus, offer to let them take say $5K or so from a personal card’s credit line.

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