Increased Chase Ink SKUs to 40,000, max 200,000/year

Increased Chase Ink SKUs to 40,000, max 200,000/year

Chase today revealed the end date for the two best deals of all time on the Ink Business Cash And Unlimited Ink Company cards. You can earn a bonus of 90,000 Ultimate Rewards points with either card, when you spend $6,000 in the first 3 months. These offers end March 21, 2023 at 9:00 a.m. EST.

When the end date was announced early in the morning, strangely the referral page stopped working. It was therefore not possible to generate new references. But a few hours later, the referral page was up and running with a pleasant surprise. Referral bonuses are now doubled, but the bonus through these referrals is lower, only 75K. Find out the details of these new referral offers below.

40K ink references

You can find the referral page for all Chase credit cards here. All you need to do is enter your last name, postal code and the last four digits of the card number to generate a referral link.

Ink Bold, Ink Business Preferred and Ink Plus cardholders

Earn up to 200,000 bonus pointss: You can receive 40,000 bonus points for each business owner you refer through this Refer-A-Business offer (up to 5), who is approved for the card. The maximum bonus point accumulation for this offer is 200,000 bonus points.

Participating Chase Ink business credit cards include: Chase Ink Business Unlimited®, Chase Ink Business Preferred®, Chase Ink Business Cash®, Chase Ink Business Premier®. You can earn bonus points up to the maximum stated for each offer, however, please note that if you take advantage of more than one opportunity in a calendar year, the maximum number of bonus points that can be awarded from all offers of sponsorship is 200,000 per calendar year. .

In the event that the bonus points you earn from all referral offers exceed the limit of 200,000 per calendar year, you may receive a partial amount to maintain your total bonus at 200,000 bonus points. For example, if you have already earned 180,000 bonus points from refer-a-friend offers this calendar year and the maximum is 200,000 bonus points per calendar year, the next reward will be 20,000 even if the offer indicates 40,000.

Please allow up to 8 weeks after approval of each new cardholder for bonus points to appear in your account. You are not eligible for a referral bonus if you use your own referral URL to request another card.

Ink Business Unlimited, Ink Business Cash and Ink Business Premier cardholders

Earn up to $2,000 cash back: You can receive 40,000 bonus points, which can be redeemed for $400 cash back, for each business owner you refer through this Refer-A-Business offer (up to 5), who is approved for the map. The maximum bonus point accumulation for this offer is 200,000 bonus points (which can be redeemed for $2,000 cash back).

Participating Chase Ink business credit cards include: Chase Ink Business Unlimited®, Chase Ink Business Preferred®, Chase Ink Business Cash®, Chase Ink Business Premier®. You can earn bonus points up to the maximum stated for each offer, however, please note that if you take advantage of more than one opportunity in a calendar year, the maximum number of bonus points that can be awarded from all offers of sponsorship is 200,000 per calendar year. .

Tax implications

The value of this offer or program may result in miscellaneous income received from Chase and we may be required to send to you, and file with the IRS, a Form 1099-MISC (Miscellaneous Information) or Form 1042-S (Foreign Person’s US Source Income Subject to Withholding) for the year in which you participate and receive the benefits of the offer/program. You are responsible for any tax liability related to participation in the Offer/Program. Please consult your own tax advisor if you have any questions about how this may affect your taxes.

Old references still work

The old references still work and they show a bonus of 90,000 points for the Ink Business Cash And Unlimited Ink Company cards. But the sponsor only gets 20,000 points.

The old reference is not saved? Carefree! You may still be able to find it in your emails. Check emails sent by Chase last month with the subject “this is your invitation to earn up to 100,000 bonus points”. These emails were an invitation to refer friends and family members and included the referral link. This link shows the 90K bonus.

Best option?

If you are looking for the best point total, applying through the new referral links is the best option. You get 40,000 points from the referral and another 75,000 from the welcome bonus. That’s a total of 115,000 Ultimate Rewards points.

With old referrals you get 20,000 from the referral link and an additional 90,000 points from the sign-up bonus. That’s a total of 110,000 Ultimate Rewards points.

However, you must pay a tax on the referral bonus. So depending on your tax bracket, old references might be a better option.

Remember that you cannot use your own reference to request another card.

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TheFM

I am Dharmendra Jain, Owner of this website. In point of fact, the author, Dharmendra Jain, writes on Finance Niche, because he enjoys disseminating knowledge to people all over the globe. The author has expressed a desire to maintain communication with all of his or her devoted readers. And in order for me to be connected to the internet in the first place, it compelled me to do so.