Update 11/9/20: Deal is now publicly available. Hat tip to reader Kenny S
The Offer
- Earn a $750 cash bonus after you spend $7,500 on purchases in the first three months after account opening on the Chase Ink Cash card
Card Details
- Chase 5/24 rule applies to this card
- No annual fee
- 0% intro APR on purchases and balance transfers for the first 12 months
- Card earns at the following rates:
- 5% on the first $25,000 in combined spend at office supply stores, internet cable and phone services
- 2% on the first $25,000 in combined spend at gas stations & restaurants
- 1% cash back on all other purchases
Our Verdict
Standard online offer is currently 50,000 points. This is an extra 25,000 points but the minimum spend requirement is $7,500 instead of $3,000. Spend requirement shouldn’t matter too much for people that can spend big at office supply stores anyway. Unfortunately most people won’t be eligible due to the 5/24 rule.
Hat tip to reader Ryan
Related: Chase Matching Signup Bonuses For The New $750/75,000 INK Business Signup Offers
so I got 0% cashback for buying 8 master gift cards from Staples. After another try with VISA giftcards+some pencils, I got 5% cashback.
I had an Ink Plus for years, and product changed to Ink Cash earlier this year.
can I still apply this card again to get the bonus?
btw, now it shows $900 for $6000 spending.
Applied under personal chase login/account. result -> wait for the decision. 5 minutes later received approval email.
sort of instant approval 10/15/22 credit score 760-770, business Annual Revenue $5,000, monthly spend $1,500, sole proprietor with personal ssn.
I have 8 personal chase cards (last opened in July 2022, Had a checking/saving a couple of yers ago (closed). never had any business relationship with chase.
Alex how much limit did they give you?
I don’t know the limit. I don’t see the card in my personal Chase account and I don’t have business account yet. I cannot create a business account since I don’t know the card number yet.
I got the email:
Congratulations! Your new credit card is approved
Your new Ink Cash Business Credit Card (…xxxx) and welcome kit are on the way and should arrive in 3 to 5 business days.
There is an option on the phone system to check application status I think it will tell you your credit limit
$3k
They gave me a very similar low limit. My last business card was like 6 years back and they had given me 30k without even asking. I guess something must have changed since then : )
Just to confirm, Chase gives the $750 cashback as points, right? and then we have to get a statement credit or redeem as cash, right? I mean it doesnt come straight as cash or statement credit. thanks
Correct
thank you
so when you say statement credit- unlike pay urself back, you can apply the total 750 to credits?
Is there any way to check when did I last receive a bonus for a card? I used to have a ink business card. It no longer shows up in my online account any more and I remember keeping it for at least a year. I only canceled it when the annual fee came due. Any way to estimate if it has been over 24 months and am I safe to apply again? thanks
instant approval 9/12/22 credit score 760-780, business Annual Rev 5k, est monthly spend 1.5k, sole proprietor with ssn, have had CSP for 3 years (downgraded a year ago) had a bank account for about 2yrs (opened for a bank bonus just keep minimum in there)
Does Chase allow more than one Ink Cash per business?
Applied initially on 2/18/2022. Was first told to contact Chase to verify identity on 2/20/2022. Then was told application was denied because it was “incomplete”, which didn’t make any sense. They sent me a signature form and told me they would reconsider when I submitted it. Applied as a sole proprietor, so put the same info (name/ssn) for both the personal and business fields. Dropped the signature forum off at a chase branch on 3/3/2022. Got approved email today 3/6/2022 at 11:20pm PT – 2:20am ET, lol.
I have an existing CSP but no business banking relationship with Chase. In fact, this is my first business credit card, and while I do small amounts of business as a sole proprietor, the bonus will be met with MS.
Pulled personal Experian and Equifax, presumably this wouldn’t have happened if I applied using an EIN instead. Wondering if this means it will count towards 5/24. Was 2/24 before this.
Was approved for this as my first ever Chase card (finally fell below 5/24 for the first time). Highly recommend opening a business checking account first if you are new to Chase, good chance you’ll immediately be pre-approved.
That’s what I tried to do, and the same thought process. The checking account was denied. The card was approved. The world seems backwards sometimes.
Got approved for. Now don’t plan to spend the $7,500 now to get the bonus. What’s the best strategy for it now? Already have several Chase cards. Know if I cancel it would be a credit hit, although not on personal.
no strategy for you…what do you expect someone to say lmao. why did you get approved if you werent gonna hit the spend for hte bonus. regardless, just keep the card open. business cards dont show on your personal credit report. what a pointless comment for u to make LOL
just run up the card to hit the bonus then pay the minimum for a year. its zero apr