We weren’t sure whether the Chase no-fee INK Cash card would continue to be available after the imminent release of the INK Preferred card.
Viewfromthewing has now verified with Chase that the INK Cash will continue indefinitely, and will continue to offer 5x as before.
A ton of people who wanted the no-fee Cash card were wondering whether to downgrade now so as to lock in the no-fee. We now have the answer: there’s no reason to downgrade now. You should be able to continue downgrading INK Plus cards to INK Cash indefinitely.
Recap
- Chase will launch a new line of the INK called INK Preferred
- The Preferred will launch before the end of 2016
- The Preferred card will have a $95 annual fee, same as the current INK Plus card; fee will be waived the first year for in-branch applications only
- After the Preferred launches, the INK Plus will no longer be available
- The INK Cash card will still be available after the launch
Getting Ink whiplash.
Great news