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Last week there was a rumor that Chase would be removing 5 points per dollar earning on its Ink small business cards, but grandfathering in existing cardholders.
- 80,000-point signing bonus after $5000 spend within 3 months
- 3 points a dollar on the first $150,000 spend on “travel, telecommunications, shipping and advertising on social-media and search engines.”
- $0 annual fee the first year, then $95 when applying in-branch (Update: in-branch $0 fee the first year no longer available.)
That’s a strong signup bonus and I like the expanded triple points earning.
It’s not confirmed at this point whether changes will come to existing Ink cards, or whether those will be discontinued.
It seems highly unlikely to me that they would product change a no annual fee card to one with an annual fee. And if they did there would have to be plenty of advance notice.
In contrast, since the annual fees are projected to be the same, it’s easier to product change Ink Plus to this new card if they decided to go that route.
Since I have a Chase Sapphire Preferred Card, I don’t need the Ink Plus which carries an annual fee.