(Update) Chase Ink Preferred 120,000 Points Offer With $8,000 Spend Requirement

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Update 7/4/24: Deal is already live in branch, via physical mailers, via preapproval, and via floating links (use those at your own risk). A report on Reddit indicates the public availability was pushed off until July 11th. (We still don’t know if this offer will ever become available via referral links, but I’d say there’s a good chance it will at some point become available.)

Update 7/2/24: Offer now showing up in pre-approvals.

The Offer

Branch only offer until July 3, 2024; we’ll add the direct link when it becomes available

Chase is offering a special signup bonus on the INK Preferred business card:

  • Get 120,000 Ultimate Rewards bonus points when you spend $8,000 in the first three months after account opening.

Card Details

Our Verdict

We wrote about this offer a few weeks ago as a rumor, and it’s now been confirmed as already available in branch. Reports indicate it will become available online on July 3, 2024.

Over 3 years ago Chase increased the bonus offer on this card to 100,000 points, and now they’re running a in increase to 120,000 points (probably a time-limited offer). They’re keeping the lower $8,000 spend requirement which is nice.

The big question is whether referrals will update to the 120,000 offer. If that happens, this will be a historically amazing offer for someone in 2-player mode to get 160,000 Ultimate Reward points with a single signup and $8,000 of spend. Remember, referrals are paying out 40,000 points per approval until September 2024.

Another big question is whether (after publicly available) they’ll match those who signed up for the lower 100k offer. Lately they have been matching, and I think they chances are good. We’ll have to wait until July to find out.

Check out these Things to Know about Chase Credit Cards before applying. We’ll add this to our List of Best Credit Card Signup Bonuses when it becomes available online.

Related – Chase is  matching the lower spend requirement for those who signed up earlier with the higher spend requirement (YMMV).

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