10-second tip: Chase Ink card bonus increased to 60K!

There’s been a lot of excitement about the Chase Ink cards recently, due to the fact that you can currently purchase $200 Visa gift cards online at Staples. The idea is that if you:

  1. Register your card at Visa Savings Edge (if it’s a Visa card, of course) for 1% cash back.
  2. Go through a shopping portal to earn a rebate (Swagbucks is currently offering 6x rewards for shopping at Staples, or you could try Ultimate Rewards, AAdvantage eShopping, Ebates, MileagePlus Shopping, ShopDiscover, TopCashBack…)
  3. Use a card that earns a category bonus at office supply stores such as the Ink card, which offers 5x points in this category

For each $200 Visa card you purchase, you can earn:

  • $2 from Visa Savings Edge
  • 1,200 Swagbucks (equal to $12 in Paypal credit), or the rebate of your choice.
  • 1,000 Ultimate Rewards points

Because each card has a $6.95 fee, your total profit would be $7.05 + 1,000 Ultimate Rewards points.

A sweet deal.

If you don’t yet have a Chase Ink card, you can get one now with an increased bonus. The normal bonuses on each of these cards has been increased by 10,000 points!

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Ink Bold – 60,000 bonus points (normally 50,000)

Ink Plus – 60,000 bonus points (normally 50,000)

Ink Cash – 30,000 bonus points (normally 20,000)

If you were thinking about this card anyway, this might be a good time to pounce!

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H/T Travel Summary!

Comments

  1. I can confirm that Swagbucks does NOT pay out on gift card purchases.

    Only the portion of my Staples purchase that included non-gift card items (in my case, a box of trash bags that I tossed in at the last minute) earned Swagbucks.

    • Points Pixie says:

      Emily – Thanks for letting us know! I am going to look into this further. Anyone else have this experience?

  2. technotragic says:

    How difficult has it become to apply for one of these cards without an official business and just claiming to run an eBay sole-proprietorship? I’ve heard that Chase has recently become much more strict about the approval process for business cards.

    • Points Pixie says:

      technotragic – Sorry, I don’t know the answer to that! I wouldn’t recommend applying for these cards unless you actually have a small business. However, as some businesses are TINY, if you really do have a business but don’t make much from it, you are still eligible to apply!

  3. Noooooo! I was just approved 2 days ago for this card at 50k points…I hope a call in to them will allow me to get in on it 🙁

  4. Kendra, this deal came around last year in July. I planned to switch cards (Bold to Plus) then but would consider doing it now (Bold MC to Bold Visa) if you dont think it will come around in a few months. Any intel?

    • Points Pixie says:

      Heather – I don’t have any insider intel. However, this offer does seem to roll around every year or so.

  5. I will receive the 60k plus no annual fee after I complete the 5k spend!
    All I did was tweet to them asking (Very nicely) to be moved to that new offer

  6. FYI. This same offer occurred last year between 6/12 and 6/22. So it was a bit more than 6 months.

    • Points Pixie says:

      JW – I just noticed my response was inaccurate and changed it! Thanks for the edit.

  7. Husband has a teeny, tiny business, but we have a lot of money in the bank with Chase and they are usually generous with their cards. So I went in through your link and applied for a card for him. Didn’t get instant decision, but keeping my fingers crossed.

  8. Points Pixie says:

    Anne – I’m so glad you got in on this deal! The Ink is a great card to have, plus with your knowledge, you are going to get every last dime out of that 60K bonus!! 😉

  9. I have a sole proprietorship that is in the process of becoming an LLC in Texas. I applied for the Chase Bold, but I was not approved right away. I’m crossing my fingers that I will be approved.

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