New Chase Ink Bold reward structure + no foreign transaction fee
Nov 24, 2011, 8:58 am
#1
Original Poster
Join Date: Aug 2004
Location: YYZ
Programs: AA LT Plat, AC 25K, Marriott Plat, Hilton Diamond
Posts: 1,137
New Chase Ink Bold reward structure + no foreign transaction fee
It seems like Chase has changed the Ink Bold product slightly:
- no foreign transaction fee
- 5x points on office supply stores and cable/wireless/landline, up to $50K annually
- 2x points on gas and hotels, up to $50K annually
- no foreign transaction fee
- 5x points on office supply stores and cable/wireless/landline, up to $50K annually
- 2x points on gas and hotels, up to $50K annually
Nov 24, 2011, 8:59 am
#2
Original Poster
Join Date: Aug 2004
Location: YYZ
Programs: AA LT Plat, AC 25K, Marriott Plat, Hilton Diamond
Posts: 1,137
I called Chase about my existing Ink Bold opened last month. Was told I would be migrated to the new reward structure and no foreign transaction fee in April. That really sucks.
Nov 24, 2011, 1:55 pm
#4
Join Date: Jun 2011
Posts: 315
Anyone know how does INk Bold determine which stores qualifies as Office supply? Say if word for a Medical Practice, I buy office supplies for a Medical supplies store? Would that count?
Last edited by cazic99; Nov 24, 2011 at 3:25 pm
Nov 24, 2011, 2:20 pm
#5
Join Date: Nov 2011
Programs: Hyatt Diamond, UA Gold
Posts: 11
Just got off the phone with Chase and I figured I'd share:
The representative may have misspoken but this is what she said:
7500 bonus points for $15,000 spent (down from $25,000)
15000 bonus points for next $25,000 spent
25000 bonus points for next $50,000 spent
She did guarantee me that the threshhold bonuses still exist on the new card.
I was also told that they also no longer offer the flat 20% point bonus to Chase Checking customers (found here: https://www.chase.com/ccp/index.jsp?...98_tri_landing) by my business banker.
The representative may have misspoken but this is what she said:
7500 bonus points for $15,000 spent (down from $25,000)
15000 bonus points for next $25,000 spent
25000 bonus points for next $50,000 spent
She did guarantee me that the threshhold bonuses still exist on the new card.
I was also told that they also no longer offer the flat 20% point bonus to Chase Checking customers (found here: https://www.chase.com/ccp/index.jsp?...98_tri_landing) by my business banker.
Nov 24, 2011, 4:57 pm
#6
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,953
You will earn an additional 4 points for each $1 of net purchases made at merchants that classify their merchant location for Visa/MasterCard in any of the following categories: wireless/telecommunications services (excluding equipment such as phones and fax machines), cable and satellite television and radio services, office supply stores and wholesale distributors of office supplies. We do not determine whether merchants correctly identify and bill transactions as being made at locations in each particular category. However, we do reserve the right to determine which purchases qualify for the additional points on category purchases. Purchases not eligible to receive the additional points on category purchases include, but are not limited to, purchases made at superstores, warehouse clubs, discount stores, and their affiliates. Online and catalog purchases are not eligible to receive the additional points on category purchases unless the merchants have correctly identified and billed the transactions.
Nov 27, 2011, 1:58 pm
#7
Join Date: Aug 2011
Programs: many
Posts: 1,437
Last week I received a letter telling me my Ink Bold account has earned a free automatic upgrade to the Ink Bold (funny wording) and that will also receive the 20% more points on every dollar spent. The info pamphlet that came with that welcome letter continued to spell out the bonus spending thresholds as well as have the 20% more points both on it as card benefits.
As of the last statement, the 20% bonus has already posted, but the 7500 for the $25K spend has yet to, so I send a secure message and am awaiting a reply.
If it continues forward with both the 20% and the threshold bonuses, Chase will certainly be my best-est buddy.
As of the last statement, the 20% bonus has already posted, but the 7500 for the $25K spend has yet to, so I send a secure message and am awaiting a reply.
If it continues forward with both the 20% and the threshold bonuses, Chase will certainly be my best-est buddy.
Nov 27, 2011, 4:12 pm
#8
Join Date: May 2006
Location: Melbourne, Florida, USA
Posts: 2,983
I would say that Staples, Office Depot and Office Max definitely qualify as Office supply stores. The rest can only be determined by trial and error with small amounts. Good luck!
Nov 27, 2011, 7:12 pm
#9
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Just got off the phone with Chase and I figured I'd share:
The representative may have misspoken but this is what she said:
7500 bonus points for $15,000 spent (down from $25,000)
15000 bonus points for next $25,000 spent
25000 bonus points for next $50,000 spent
She did guarantee me that the threshhold bonuses still exist on the new card.
I was also told that they also no longer offer the flat 20% point bonus to Chase Checking customers (found here: https://www.chase.com/ccp/index.jsp?...98_tri_landing) by my business banker.
The representative may have misspoken but this is what she said:
7500 bonus points for $15,000 spent (down from $25,000)
15000 bonus points for next $25,000 spent
25000 bonus points for next $50,000 spent
She did guarantee me that the threshhold bonuses still exist on the new card.
I was also told that they also no longer offer the flat 20% point bonus to Chase Checking customers (found here: https://www.chase.com/ccp/index.jsp?...98_tri_landing) by my business banker.
Nov 28, 2011, 5:54 am
#10
Join Date: Aug 2011
Programs: many
Posts: 1,437
And, via secure message message last night, I received a response that indeed, the spending threshold bonuses were very much intact.
No mention on lowering the levels of the spend as one post had mentioned, at least not for my account.
So...
Large sign up bonus 50K (or the 80K if you were able to get it
)+
Up to 47500 additional bonus for large spending in addition to each point for purchases
+
Plus 20% more on top of that
+
No fees to transfer to desireable partners
=
Christmas came early this year, thank you Santa Chase!
Now, if Chase would offer bonuses for referrals, I could then change my signature.
Nov 28, 2011, 7:26 am
#11
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,953
Nov 28, 2011, 8:28 am
#12
Join Date: May 2006
Location: Melbourne, Florida, USA
Posts: 2,983
staples.com and officedepot.com have always qualified for me, at least as far as Amex is concerned. Chase may be a different story.
Nov 28, 2011, 11:23 am
#13
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Yes, easy way, CALL chase.
And, via secure message message last night, I received a response that indeed, the spending threshold bonuses were very much intact.
No mention on lowering the levels of the spend as one post had mentioned, at least not for my account.
So...
Large sign up bonus 50K (or the 80K if you were able to get it )
+
Up to 47500 additional bonus for large spending in addition to each point for purchases
+
Plus 20% more on top of that
+
No fees to transfer to desireable partners
=
Christmas came early this year, thank you Santa Chase!
Now, if Chase would offer bonuses for referrals, I could then change my signature.
And, via secure message message last night, I received a response that indeed, the spending threshold bonuses were very much intact.
No mention on lowering the levels of the spend as one post had mentioned, at least not for my account.
So...
Large sign up bonus 50K (or the 80K if you were able to get it
)+
Up to 47500 additional bonus for large spending in addition to each point for purchases
+
Plus 20% more on top of that
+
No fees to transfer to desireable partners
=
Christmas came early this year, thank you Santa Chase!
Now, if Chase would offer bonuses for referrals, I could then change my signature.
Nov 28, 2011, 11:41 am
#14
Join Date: Aug 2011
Programs: many
Posts: 1,437
I have written verification as of last night and saved in my SM inbox that my account will still receive the spending threshold bonuses. I've received multiple account benefits brochure information in the mail a week ago as well. Therre has been no notice of any change to my account other than I now also get the 20% additional bonus on spending. I'm riding that as far as it will allow.
As for anyone else, YMMV.
Nov 28, 2011, 12:53 pm
#15
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,953
I have exchanged several Secure Messages with Chase customer service today. Initially they were not aware of the new Ink Bold rewards structure. After I provided a link I was told that my account is not eligible for any of the features of the new program, and that I could not switch to the new program.
Negotiations continue, but my impression is that internally "Ink Bold" is not the same product as "Ink Bold 5-2-1", and the category bonuses of the "5-2-1" card will not apply to older accounts. I realize this is different from what pcharles was told, and this type of misinformation is typical of such transitions, but I doubt anyone will qualify for both the category bonuses and the threshold bonuses.
Negotiations continue, but my impression is that internally "Ink Bold" is not the same product as "Ink Bold 5-2-1", and the category bonuses of the "5-2-1" card will not apply to older accounts. I realize this is different from what pcharles was told, and this type of misinformation is typical of such transitions, but I doubt anyone will qualify for both the category bonuses and the threshold bonuses.