Ink preferred card - Revision history

Editor at 22:27, 16 June 2021

2021-06-16T22:27:43Z

Editor at 22:17, 15 June 2021

2021-06-15T22:17:17Z

Editor at 21:22, 15 June 2021

2021-06-15T21:22:31Z

Editor at 06:27, 19 February 2021

2021-02-19T06:27:25Z

Editor: Editor moved page Ink Preferred Card to Ink preferred card without leaving a redirect

2021-02-19T04:50:34Z

Editor moved page Ink Preferred Card to Ink preferred card without leaving a redirect

Editor: /* Collecting the Signup Bonus */

2021-02-18T00:41:50Z

‎Collecting the Signup Bonus

Editor: /* Collecting the Signup Bonus */

2021-02-18T00:41:11Z

‎Collecting the Signup Bonus

Editor: /* Getting Rid of the Card */

2020-10-23T19:22:07Z

‎Getting Rid of the Card

Editor: /* Getting Rid of the Card */

2020-10-22T18:22:29Z

‎Getting Rid of the Card

Editor: /* Bonus Categories */

2020-10-19T20:31:04Z

‎Bonus Categories

@@ Line 16: / Line 16: @@
 |FTF=0
 |Credit=
-|CurrentOffer=100,000 Ultimate Rewards points with $15,000 spend.
+|CurrentOffer=100,000 Ultimate Rewards points with $15,000 spend. In-branch you may be able to get an offer that adds an additional 60,000 points with a total of $50,000 spending during the first six months.
 |CurrentOfferCustom=
 |CurrentSpend=

← Older revision		Revision as of 22:17, 15 June 2021
Line 48:		Line 48:

	'''If you advertise online, or ship products for your small business, the Ink Preferred card is indispensable, earning the highest possible reward rates in those categories. Even if you don't it is worthwhile getting this card (if you can) for its extremely lucrative signup offer'''.		'''If you advertise online, or ship products for your small business, the Ink Preferred card is indispensable, earning the highest possible reward rates in those categories. Even if you don't it is worthwhile getting this card (if you can) for its extremely lucrative signup offer'''.
		+
		+	{{Box\|Fantastic Signup Offer}}
		+	Chase is offering a heightened signup offer of 100,000 Ultimate Rewards points for this card. At a value of 1.7 cents per point, we value this offer at almost $1,500. The Sapphire Preferred offer is slightly more valuable, but harder to be eligible for. Most people (who are willing and able to get business cards) can signup for an Ink card, even if they already have one.
		+	{{/Box}}

	{{TOC\|All}}		{{TOC\|All}}

@@ Line 16: / Line 16: @@
 |FTF=0
 |Credit=
-|CurrentOffer=You might receive 100,000 point offer in-branch, through a referral link, or by calling and asking for a bonus "match".
+|CurrentOffer=100,000 Ultimate Rewards points with $15,000 spend.
 |CurrentOfferCustom=
 |CurrentSpend=

← Older revision		Revision as of 06:27, 19 February 2021
Line 1:		Line 1:
		+	{{DISPLAYTITLE: Chase Ink Preferred Card}}
	{{Page\|card\|chase cards}}		{{Page\|card\|chase cards}}

@@ Line 71: / Line 71: @@
 <ul class="bulletlist">
-<li>{{Signup Intro|high}} {{Signup Points|80000|UR|Ultimate Rewards points}} {{Signup Wrapup|highest}}. </li>
+<li>{{Signup Intro|high}} {{Signup Points|80000|UR|Ultimate Rewards points}}  </li>
-{{Signup Value|1225|5000|95}} {{Signup Variable|Ultimate Rewards points}}  {{Link|transferable points}}.
+{{Signup Value|1225|5000|95}} {{Signup Wrapup|highest}} {{Signup Variable|Ultimate Rewards points}}  {{Link|transferable points}}.
 <li>'''You might be able to get a 100,000 signup offer, by applying through a "Business Relationship Manager'''. These in-branch specialists sometimes have access to better bonus offers. Our net value for this offer would be close to $1,560!</li>

← Older revision	Revision as of 04:50, 19 February 2021
(No difference)

@@ Line 71: / Line 71: @@
 <ul class="bulletlist">
-<li>{{Signup Initial|high}} {{Signup Value|80000|point|{{Value|UR}}}} {{Signup Wrapup|highest}}. </li>
+<li>{{Signup Intro|high}} {{Signup Points|80000|UR|Ultimate Rewards points}} {{Signup Wrapup|highest}}. </li>
-{{Signup Netvalue|95|5000|1225}} {{Signup Caveat|Ultimate Rewards points}}  {{Link|transferable points}}.
+{{Signup Value|1225|5000|95}} {{Signup Variable|Ultimate Rewards points}}  {{Link|transferable points}}.
 <li>'''You might be able to get a 100,000 signup offer, by applying through a "Business Relationship Manager'''. These in-branch specialists sometimes have access to better bonus offers. Our net value for this offer would be close to $1,560!</li>
@@ Line 79: / Line 79: @@
 {{Signup Chase 5/24}}
-<li>'''You can earn signup bonuses from multiple different Chase Ultimate Rewards cards'''. You are limited to only one version of the Sapphire card (every 24 months), but there is also the Ink Cash, Ink Unlimited, Freedom, and Freedom Unlimited cards.</li>
+<li>'''You can earn signup bonuses from multiple different Chase Ultimate Rewards cards'''. You are limited to only one version of the Sapphire card (every 48 months), but there is also the Ink Cash, Ink Unlimited, Freedom, and Freedom Unlimited cards.</li>
 </ul>

@@ Line 111: / Line 111: @@
 <ul class="bulletlist">
 <li>'''You need to be careful or you could lose your Ultimate Rewards points when you cancel your card'''. Before you close your card, you need to transfer your points to another card that earns Ultimate Rewards points. You could also transfer them to the Ultimate Rewards account of another person in your household. If you can't transfer your points, you can downgrade the card instead of cancelling it, or transfer your points to your favorite travel partner.</li>
 Note that without a Sapphire Reserve, Sapphire Preferred, or Ink Preferred Card, you can't transfer your points to travel partners (or redeem them at more than 1 cent each). The points will stay in your account, you can redeem them for 1 cent each, or you can get one of these cards in the future to regain the ability to transfer them to partners.
-<li>'''We recommend downgrading your Ink Preferred Card rather than cancelling it'''. Chase's 5/24 rule can make it difficult to get a new Chase card when you want to. Keeping your card preserves the option of getting a new card through a product change, rather than a new application.</li>
+<li>'''We recommend downgrading your Ink Preferred Card rather than cancelling it'''. Chase's 5/24 rule can make it difficult to get a new Chase card when you want to. Keeping your card preserves the option of getting a new card through a product change, rather than a new application. You can product change between any of the Ink cards.</li>
 <li>'''However, if you are aggressively collecting Chase signup bonuses, you'll want to cancel extra Ink cards''' to lower your overall Chase credit limit and number of cards.</li>
 <li>{{Cancel Retention Chase}}</li>

@@ Line 110: / Line 110: @@
 === Getting Rid of the Card ===
-If you still have a significant balance of Ultimate Rewards points, make sure you keep at least one Ultimate Rewards credit card (any of the Sapphire, Freedom, or Ink cards), otherwise you will lose you points. You need to have an annual-fee-based card (Sapphire Reserve, Sapphire Preferred, or Ink Preferred) in order to transfer your points to airline and hotel partners. Alternatively, you can transfer your Ultimate Rewards points to another person in your household who has an Ultimate Rewards card.
+<ul class="bulletlist">
-If you are collecting signup bonuses, it is useful to hold onto at least a couple of business credit cards that earn Ultimate Rewards points. At some point, you are likely to be blocked from getting any new cards by the Chase 5/24 rule. If there is an existing or newly introduced Chase card that you want to get, you'll still be able to product change one of your existing cards.
+<li>'''You need to be careful or you could lose your Ultimate Rewards points when you cancel your card'''. Before you close your card, you need to transfer your points to another card that earns Ultimate Rewards points. You could also transfer them to the Ultimate Rewards account of another person in your household. If you can't transfer your points, you can downgrade the card instead of cancelling it, or transfer your points to your favorite travel partner.</li>
-If you want to stop paying annual fees, you can convert to the {{Card|InkCash|only}} (or the {{Card|InkUnlimited|only}}). The Ink Cash earns 5x Ultimate Rewards points on telecommunication services and at office supply stores. You can convert back to the Ink preferred at any time, if you need a card that lets you transfer to travel partners, or want to take advantage of the Ink Preferred's unique bonus categories.
+Note that without a Sapphire Reserve, Sapphire Preferred, or Ink Preferred Card, you can't transfer your points to travel partners (or redeem them at more than 1 cent each). The points will stay in your account, you can redeem them for 1 cent each, or you can get one of these cards in the future to regain the ability to transfer them to partners.
-{{Cancel Prorate}}
+<li>'''We recommend downgrading your Ink Preferred Card rather than cancelling it'''. Chase's 5/24 rule can make it difficult to get a new Chase card when you want to. Keeping your card preserves the option of getting a new card through a product change, rather than a new application.</li>
-If you are under the 5/24 limit and are collecting lots of Chase business cards, it can make sense to cancel some of them, to make it more likely you'll be approved, and to reduce the total number of Chase accounts you have, decreasing the risk of going for new Chase signup bonuses.
+<li>'''However, if you are aggressively collecting Chase signup bonuses, you'll want to cancel extra Ink cards''' to lower your overall Chase credit limit and number of cards.</li>
 {{/Main|card}}
 {{/Page|card}}

@@ Line 97: / Line 97: @@
 <li>{{Bonus Category|best|advertising|3x Ultimate Rewards points|{{Value|UR|3}}|The Ink Preferred|shipping}}.</li>
-<li>'''This card can be the best card for paying your cell phone bill'''. You'll earn 3x Ultimate Rewards points, valued at {{Value|UR|3}} cents per dollar, and you'll get automatic cell phone protection. But you'll only receive coverage for additional lines if they belong to employees, not family members'. {{Link|Cell phone Protection}}.</li>
+<li>'''This card can be the best card for paying your cell phone bill'''. You'll earn 3x Ultimate Rewards points, valued at {{Value|UR|3}} cents per dollar, and get automatic cell phone protection. But you'll only receive coverage for additional lines if they belong to employees, not family members'. {{Link|Cell phone Protection}}.</li>
 <li>'''The Ink Cash card is a better option for other telecommunication purchases'''. It earns 5x Ultimate Rewards points, rather than 3x points. However, since it can sometimes be hard to get both cards, your advertising and shipping purchases will determine which version makes the most sense for you. Other credit card options top out at 5% back.</li>