New Chase Ink Bold reward structure + no foreign transaction fee
Dec 12, 2011, 8:24 pm
#46
Join Date: Dec 2006
Location: USA
Posts: 3,945
Dec 12, 2011, 9:52 pm
#47
Join Date: Mar 2007
Location: S Cal
Programs: AA Lifetime Plat, United Silver, Marriott Plat, IHG Plat
Posts: 1,142
Don't be too impatient - my app took 18 days for approval + one additional week until I received the card in the mail.
Dec 13, 2011, 1:10 pm
#48
Join Date: Feb 2008
Location: CHS
Programs: Delta, AA, BA, United, Hyatt Globalist, Hilton Honors Diamond, SPG Marriott Gold, Sixt Platinum
Posts: 1,142
approved :)
just called. got some big spending coming up that will help with the minimum spend. approved.
Last edited by mia; Dec 13, 2011 at 1:36 pm Reason: Formatting
Dec 13, 2011, 3:32 pm
#49
Join Date: Oct 2010
Location: IND
Programs: SPG Plat, WN CP, Many Others
Posts: 538
My regular personal login at Chase will not display the Ink Bold card. I called customer service, and was told that I had to use a separate business Chase login for Ink Bold. However, the CSR said that all of my personal info could be displayed under the business login if I desired. I decided to keep the personal and business logins separate.
Don't be too impatient - my app took 18 days for approval + one additional week until I received the card in the mail.
Don't be too impatient - my app took 18 days for approval + one additional week until I received the card in the mail.
Jan 5, 2012, 6:03 pm
#51
Join Date: Nov 2007
Location: PHX
Posts: 4,787
I got my card in November just before the new card was announced, and it looks as though the 20 percent bonus kicked in on my second statement. I wonder how long we'll be grandfathered for the 20 percent bonus? As long as they keep giving it, it seems like I should be using this card instead of the chase sapphire preferred for spend other than the categories that earn bonus points on sapphire -- dining and travel. The difference is 1.20 versus 1.07 for all non-bonus categories.
For the rewards mall, it seems the best tactic would be to log in using my sapphire rewards account, so that the bonus points credit to my sapphire account and thus give me the 7 percent yearly bonus, but use the ink card for actual charge, so that I get 1.20 on the purchase price.
Now, if they really do migrate to the 5-2-1 on the older Ink Bold cards and keep the 20 percent bonus, that would make this card pretty fantastic.
I'm still not yet convinced either UR card is better for general non-bonus spending than the Amex SPG, which continues to be my general spending work horse. But the 1.20 points per dollar on general spend really does bring this card very close to the 1.25 you get with SPG when converting mileage in 20k chunks.
For the rewards mall, it seems the best tactic would be to log in using my sapphire rewards account, so that the bonus points credit to my sapphire account and thus give me the 7 percent yearly bonus, but use the ink card for actual charge, so that I get 1.20 on the purchase price.
Now, if they really do migrate to the 5-2-1 on the older Ink Bold cards and keep the 20 percent bonus, that would make this card pretty fantastic.
I'm still not yet convinced either UR card is better for general non-bonus spending than the Amex SPG, which continues to be my general spending work horse. But the 1.20 points per dollar on general spend really does bring this card very close to the 1.25 you get with SPG when converting mileage in 20k chunks.
Jan 5, 2012, 8:09 pm
#52
Join Date: Aug 2011
Programs: many
Posts: 1,437
For the rewards mall, it seems the best tactic would be to log in using my sapphire rewards account, so that the bonus points credit to my sapphire account and thus give me the 7 percent yearly bonus, but use the ink card for actual charge, so that I get 1.20 on the purchase price.
Now, if they really do migrate to the 5-2-1 on the older Ink Bold cards and keep the 20 percent bonus, that would make this card pretty fantastic.
Now, if they really do migrate to the 5-2-1 on the older Ink Bold cards and keep the 20 percent bonus, that would make this card pretty fantastic.
Chance of older versions migrating to the new, very low percentage at this time.
Chance of migrating to the new version plus the 20%, less than very low.
The older version with the spending tiers plus 20, garners absolutely better reward than the new version.
The grass isnt greener on the other side!
Last edited by mia; Jan 6, 2012 at 8:01 am Reason: Formatting
Jan 6, 2012, 2:30 am
#53
Join Date: Jul 2011
Posts: 775
[QUOTE=pcharles;17757397]
I spend a lot of time outside states -- new card has no fx fee---i have old card and want new card -- two sides to every story
For the rewards mall, it seems the best tactic would be to log in using my sapphire rewards account, so that the bonus points credit to my sapphire account and thus give me the 7 percent yearly bonus, but use the ink card for actual charge, so that I get 1.20 on the purchase price.
Now, if they really do migrate to the 5-2-1 on the older Ink Bold cards and keep the 20 percent bonus, that would make this card pretty fantastic.
QUOTE]
Any proof of this tactic working?
Chance of older versions migrating to the new, very low percentage at this time.
Chance of migrating to the new version plus the 20%, less than very low.
The older version with the spending tiers plus 20, garners absolutely better reward than the new version.
The grass isnt greener on the other side!
Now, if they really do migrate to the 5-2-1 on the older Ink Bold cards and keep the 20 percent bonus, that would make this card pretty fantastic.
QUOTE]
Any proof of this tactic working?
Chance of older versions migrating to the new, very low percentage at this time.
Chance of migrating to the new version plus the 20%, less than very low.
The older version with the spending tiers plus 20, garners absolutely better reward than the new version.
The grass isnt greener on the other side!
I spend a lot of time outside states -- new card has no fx fee---i have old card and want new card -- two sides to every story
Jan 6, 2012, 10:21 am
#54
Join Date: Nov 2007
Location: PHX
Posts: 4,787
Any proof of this tactic working?
Chance of older versions migrating to the new, very low percentage at this time.
Chance of migrating to the new version plus the 20%, less than very low.
The older version with the spending tiers plus 20, garners absolutely better reward than the new version.
The grass isnt greener on the other side!
Chance of older versions migrating to the new, very low percentage at this time.
Chance of migrating to the new version plus the 20%, less than very low.
The older version with the spending tiers plus 20, garners absolutely better reward than the new version.
The grass isnt greener on the other side!
I just don't think you can say that one size fits all. Someone with 50k in business spend on telecom services would probably prefer the 200k bonus points of the new card over the 20 percent bonus of the old.
Jan 12, 2012, 1:36 am
#55
Join Date: Jul 2009
Location: RDU
Programs: Delta silver, HH silver, IHG platinum, SPG gold, AMEX platinum
Posts: 400
Small datapoint..confirmed with Chase that my AT&T Uverse (internet + cable) counts as a 5X category..so it looks like pretty much any charge in these categories qualify. Also confirmed non-gas purchases at gas stations counted for me.
As a side note, at my local Staples they had $200 visa gift cards for sell with a $7.00 surcharge. They also had BP gift card, Fandango, ToysRUs, EBAY gift cards, Southwest airlines, Marriott Gift cards, Starbucks, Home Depot/Lowes home improvement and several restaurants. Nice to have these options on this 5x card!
They were supposed to have Amazon GCs but they seemed to be out...
Now if only someone would try to combine the 5x office supply with the UR mall bonus (ie @ staples..right now 4 extra points) on a gift card purchase and report their results
As a side note, at my local Staples they had $200 visa gift cards for sell with a $7.00 surcharge. They also had BP gift card, Fandango, ToysRUs, EBAY gift cards, Southwest airlines, Marriott Gift cards, Starbucks, Home Depot/Lowes home improvement and several restaurants. Nice to have these options on this 5x card!
They were supposed to have Amazon GCs but they seemed to be out...
Now if only someone would try to combine the 5x office supply with the UR mall bonus (ie @ staples..right now 4 extra points) on a gift card purchase and report their results
Last edited by stealph; Jan 12, 2012 at 1:39 am Reason: Oh how could I forget Starbucks :)
Jan 12, 2012, 8:11 pm
#56
Join Date: Aug 2010
Programs: UA 1K, AA EXP, DL Plat, SPG Plat, Hyatt DMD
Posts: 296
Ink Bold 5X success stories?
The new 5/2/1 Ink Bold structure has only been out for a few weeks, but I was wondering if anyone has seen early success getting 5X credit for business charges beyond the standard cellphone/bundled internet?
Do all purchases at Staples, Office Max, etc count? Any reason we can't double-dip at Staples.com through Ultimate Rewards?
Do all purchases at Staples, Office Max, etc count? Any reason we can't double-dip at Staples.com through Ultimate Rewards?
Jan 13, 2012, 7:21 am
#57
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Jan 27, 2012, 5:14 am
#58
Join Date: May 2009
Location: Shanghai
Programs: BAEC (Gold), PC (Plat), HH (Gold), MR (Gold)
Posts: 2,729
I have the old INK. I wrote to Chase and asked if I could transfer to the new terms - was told 'no' as others have already reported. They said the only way I could get the new terms was to apply for the new card.
Has anyone else who already has the old card applied for the new one? I'm guessing that it's cost me a credit pull just for the 5x terms (and that's if I got approved), as I doubt they'd fork over another 50K bonus.
Has anyone else who already has the old card applied for the new one? I'm guessing that it's cost me a credit pull just for the 5x terms (and that's if I got approved), as I doubt they'd fork over another 50K bonus.
Jan 27, 2012, 7:17 am
#59
Join Date: Aug 2011
Programs: many
Posts: 1,437
I have the old INK. I wrote to Chase and asked if I could transfer to the new terms - was told 'no' as others have already reported. They said the only way I could get the new terms was to apply for the new card.
Has anyone else who already has the old card applied for the new one? I'm guessing that it's cost me a credit pull just for the 5x terms (and that's if I got approved), as I doubt they'd fork over another 50K bonus.
Has anyone else who already has the old card applied for the new one? I'm guessing that it's cost me a credit pull just for the 5x terms (and that's if I got approved), as I doubt they'd fork over another 50K bonus.
Jan 27, 2012, 9:24 am
#60
Join Date: Jul 2009
Location: RDU
Programs: Delta silver, HH silver, IHG platinum, SPG gold, AMEX platinum
Posts: 400
Doubtful you will get the bonus for the second card, your best bet is to ask CS for a response. Unfortunately that might not be definitive either, and CS loves to be conveniently unaware of any offers available online and whether or not they are applicable to you. Good luck
I don't think anyone's tried it yet (and reported..)..as always YMMV.
In the mean time, I hope to continue to get up to 20X points per purchase using GCs and the new card.
Thanks Chase!