Chase INK Referrals Slated To Go Down From 40k to 20k In September

The refer-a-friend bonus on the family of Chase INK cards is slated to change from the current 40,000 points per referral down to the old 20,000 points offer.

As of 9/3/2024, you’ll no longer earn 40,000 bonus points for each business. Instead, you’ll earn 20,000 bonus points for each business, up to 10, that gets approved.

The limit of 200,000 points will remain the same, and the referral total goes from 40k five times to 20k ten times.

The 40k deal started back in early 2023 and will end on September 2, 2024.

Honestly this 40k referral offer is insanely good. And it’s on top of excellent signup bonuses on the cards as well. I was able to get a few of these giant 40k bonuses by swapping referrals with my brother (we each apply using the other’s link); it really turbocharges the signup bonus.
    Chuck
  • On June 5, 2024, 00:05
Tags: bigchasechase inkreferrals

View Comments (73)

    • Anywhere from 2-4 weeks the referral points show pending, payable out on the next statement.

  • What a shame. I recently got into this spending bracket. You are some lucky SOBs. I hope it's clawed back some dinero from Chase and put it back into your pocket.

  • is this per Ink or total between all Ink cards in a calendar year? For instance can I get 200,00 referral points for each Ink Card I have or is that total for all of my ink cards?

  • Opened Ink Premier. It has kind of unusual credit line. It said I got 10k credit line and 2k flex for business limit. Do I understand it correctly that it means that the total credit line is 10k, but I can carry a balance of up to 2k and pay interest on it (I will not, of cause).

    And the most important thing I want to make sure is true for this card is that if I pay full previous statement balance every month by the due date I will not get any interest charged. Is this correct for this card?

    • You can't transfer URs from the Premier to other Chase cards, can you? But you can transfer to partners?

    • IIRC, the Premier is a charge card, so is supposed to be paid in full. So yes, your credit line is 10k and as long as you pay in full, no interest will be charged.

      Again yes, I think the Flex line means that you also have the (horrible) option to pay over time with interest.

  • fk UUUU Chase!!!! I help you Chase to increase customer base by referring more than 200 businesses. And you did this to me?!?!?!?!?

  • So I guess a referral made on Sept.2 will still be paid out 40k?
    Even if the application is approved after Sept.2

  • I currently have the Ink Chase cash product changed from the INk preferred many years ago, am I eligible for another bonus?

    • Officially, every INK card is a separate product. So if you have not received a bonus on any given product in last 24 months, and do not carry that card, you are eligible for the new card and bonus. So in your case you are "officially" eligible for the bonus on INK Preferred and INK Unlimited without even closing your INK Cash card.

      In addition to that Chase counts each business separately. So if you have a business #2, that business is eligible for all 3 INK bonuses.

      Unofficially, Chase does not apply that eligibility rule on INK cards at all. So, if you are approved for the card, you will get the bonus. With the plenty of INKs usually there is really no need to apply for exactly the same one you already have or just got the bonus on. In most cases you can pick up one you are "officially" eligible.

      Hope that helps.
      Good luck

      • Everyone refers to the "official" terms of 24 months, but I can't find that mentioned in the Chase Ink terms at all. Maybe it was removed?

        • It used to be on the application form near the submit button but I noticed it was removed earlier this year. CS reps will still mention it when asking for an offer match.

      • Thank you for your reply and really appreciate the details. The reason why I am looking at the Ink cash is the ability to spend over 6 mths for the initial bonus and a 2nd bonus after spending 6k total in 6 months. Nevertheless, I appreciate taking the time to explain the details. Much appreciate:)

  • Is this new language or has it always been there for Ink cards?

    "Chase cardmembers who currently have or have had a Chase credit card in any Rewards Program associated with this offer, may not be eligible for a second Chase credit card in the same Rewards Program. Chase cardmembers currently receiving promotional pricing, or Chase cardmembers with a history of only using their current or prior Chase card for promotional pricing offers, are not eligible for a second Chase credit card with promotional pricing."

    • @guest_1855669 - is this per Ink or total between all Ink cards in a calendar year?

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