- Ink Plus: You need to spend $5,000 within 3 months of account opening to get the 60,000 points bonus and the first year annual fee is waived, saving $95. Chase Ultimate Rewards (UR) points earned through Ink Plus can be redeemed for travel at 1.25 cents per point and the signup bonus could be worth $750. UR points can also be transferred to 10 airline/hotel partners' miles/points and your value may be even higher. Our current value for UR points is 1.5 cents per point and the signup bonus means $900 in our book.
- Ink Cash: You need to spend $3,000 within 3 months of account opening to receive $300 bonus and there is no annual fees. Even though Ink Cash is branded as a cashback card, it actually earn UR points. So you will receive 30,000 bonus UR points, which could be redeemed for $300 cash in your checking account. However, if you have a premium UR card such as Ink Plus or Sapphire Preferred, all UR points can be pooled together and the signup points from Ink Cash can then be redeemed for travel at 1.25 cents per point or transferred to airline/hotel miles/points. 30K points will then be worth $375 or $450 in our book.
Landing page for Ink Plus 60,000 points offer (working as of March 2016)
Application page for Ink Plus 60,000 points offer (expired)
Landing page for Ink Cash 30,000 points offer (back to 20K now)
Application page for Ink Cash 30,000 points offer (expired)
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