Go Back   FlyerTalk Forums > Miles&Points > Credit, Debit and Prepaid Card Programs > Chase | Ultimate Rewards
Sign in using an external account

Reply
 
Thread Tools Search this Thread
Old May 18, 09, 12:10 pm   #1
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
Chase Ink [Master thread]

I just got a letter from Chase telling me that my Chase Flexible Rewards Select Business Card has been "upgraded" to Ink Plus with Ultimate Rewards.

I'm guessing this isn't good news.

Some rewards are the same, supposedly, but all you see are checkboxes - no real details.

What I always use is the 1.5% cash back via check. I hope this remains.

They are adding PriorityPass for free, so that's something.

Has anyone gotten the real details here? My paperwork is very superficial.
josephstern is offline   Reply With Quote
Old May 18, 09, 12:47 pm   #2
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
Just got off the phone with someone at Chase.

As the customer service rep pointed out to me, in the fine print on the letter, it states "The $50 bonus when redeeming 10,000 points for cash back will no longer be available. Checks will now start at $50 for 5,000 points."

I didn't realize I was getting a "bonus" because that's not at all the way the website for redemptions is worded, but apparently, that's what I was getting. So it's gone.

So this card will be going from 1.5% to 1%.

Help! I need a new business card before my statement closes next month!

Points have to be redeemed before 6/30/09 to get the higher ratio. So, effectively, your statement closing date in June is your last chance to get 1.5% cash back on this card.
josephstern is offline   Reply With Quote
Old May 18, 09, 2:47 pm   #3
 
Join Date: Jan 2007
Location: Atlanta
Programs: DL GM, Mar Slv, HH Gld
Posts: 58
Chase is calling their new business card "Ink?" Yikes!

Here is a thread with some general "maximize" info across personal and business cards:

http://www.flyertalk.com/forum/other...-earnings.html

If you specifically want a business card, and only one, there aren't many great cash options out there. There are category accelerators, like Citi's AT&T business card (5X and 3X by category, 1X all other) and discount accelerators, like AX Open cards (and cash acceleration on SimplyCash). An AX SimplyCash may get you closest, but depending on your vendor mix, you may have acceptance issues.

Good luck and let us know if you switch, and to which product!
DL201******* is offline   Reply With Quote
Old May 18, 09, 3:19 pm   #4
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
My business charges are all over the map, and I'm pretty sure no category would really work for me.

I don't need a business card per se, but I'd like it to be backed up by my business, not by me personally. Is there any way to do that?

I called Schwab: personal cards only.
josephstern is offline   Reply With Quote
Old May 19, 09, 7:57 am   #5
 
Join Date: Jan 2007
Location: Atlanta
Programs: DL GM, Mar Slv, HH Gld
Posts: 58
If you want a card backed solely by the business and without personal liability, it must be a "corporate guarantee" account - not "joint and several." Few banks issue these in the small business segment. You will need to ask for it specifically and, if the issuer will take an application, they will require business financial statements, etc. If your business has solid cashflow and has been established for a while, it is possible that you can get this type of account. But keep in mind that the line may not be as high as an account with joint liability.
DL201******* is offline   Reply With Quote
Old May 19, 09, 8:29 am   #6
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
Quote:
Originally Posted by DL201******* View Post
If you want a card backed solely by the business and without personal liability, it must be a "corporate guarantee" account - not "joint and several." Few banks issue these in the small business segment. You will need to ask for it specifically and, if the issuer will take an application, they will require business financial statements, etc. If your business has solid cashflow and has been established for a while, it is possible that you can get this type of account. But keep in mind that the line may not be as high as an account with joint liability.
That's the kind of card I have now, and I had another (MBNA at the time) before this. Frankly, I don't even mind backing it up personally, I guess.

What I really want here is great cash back. I think I might need to get another Schwab for my wife, get an additional card for me, and then use that as our personal card and use my current Schwab card as the business card since it has a decent credit limit.
josephstern is offline   Reply With Quote
Old May 21, 09, 9:43 am   #7
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
Just spoke to four people at CapitolOne about potentially getting a card from them. Four!

None knew how their rewards program would potentially work - even the rewards desk - without me already having an account.

No one could tell me what cashback ratio I'd get until the account was open.

People really apply for these accounts having no idea what they'll get as rewards?
josephstern is offline   Reply With Quote
Old May 21, 09, 7:29 pm   #8
 
Join Date: Dec 2007
Programs: AA Platinum, Marriott Gold, Hertz PC
Posts: 249
Quote:
Originally Posted by josephstern View Post
No one could tell me what cashback ratio I'd get until the account was open.
It seems from their website that they only have 1 cashback card for small business and that it gives 1.25% Cashback. Is there something I'm missing here?

http://www.capitalone.com/smallbusiness/cards/

Last edited by maizenblue07; May 21, 09 at 7:46 pm..
maizenblue07 is offline   Reply With Quote
Old May 22, 09, 7:42 am   #9
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
Quote:
Originally Posted by maizenblue07 View Post
It seems from their website that they only have 1 cashback card for small business and that it gives 1.25% Cashback. Is there something I'm missing here?

http://www.capitalone.com/smallbusiness/cards/
The "double no hassle miles" card says: Redeem miles for travel, cash back, merchandise and more. So, given double miles, I wanted to know how many of those miles it takes to get each dollar of cash back. Didn't seem like an unreasonable request to me.
josephstern is offline   Reply With Quote
Old May 22, 09, 7:25 pm   #10
 
Join Date: Dec 2007
Programs: AA Platinum, Marriott Gold, Hertz PC
Posts: 249
Quote:
Originally Posted by josephstern View Post
The "double no hassle miles" card says: Redeem miles for travel, cash back, merchandise and more. So, given double miles, I wanted to know how many of those miles it takes to get each dollar of cash back. Didn't seem like an unreasonable request to me.
The double no hassle miles card that you can currently apply for on their website gives .5 cents per mile, so effectively 1% Cashback. If you want Cash it is better to go with the straight 1.25% Cashback card.
maizenblue07 is offline   Reply With Quote
Old May 22, 09, 10:34 pm   #11
 
Join Date: Jul 2006
Location: Garfield Beach
Posts: 4,348
Quote:
Originally Posted by maizenblue07 View Post
The double no hassle miles card that you can currently apply for on their website gives .5 cents per mile, so effectively 1% Cashback. If you want Cash it is better to go with the straight 1.25% Cashback card.

OK - thanks for the clarity here.

I'll find something better somewhere. 1% or even 1.25% seems pretty small - Amex Membership Rewards points would be more valuable to me. I'll either do that or a Schwab card.
josephstern is offline   Reply With Quote
Old Sep 23, 09, 7:26 am   #12
mia
FlyerTalk Evangelist, Moderator: American Express, Diners Club
 
Join Date: Jun 2003
Location: Miami & London
Programs: AA 2MM Perpetual Platinum; HH & SPG Gold
Posts: 20,291
Chase Ink

Chase is launching a series of VISA business cards, including Ink Bold a charge card linked to Ultimate Rewards. Chase asserts that this is the first pay-in-full charge card from any Mastercard or VISA issuer, but this is inaccurate. Citi's Diners Club Mastercard is a charge card.

Article here...

http://www.reuters.com/article/funds...36445620090923

Press release here...

http://www.earthtimes.org/articles/s...o,970964.shtml

Website here...

http://www.inkfromchase.com/

Last edited by mia; Sep 23, 09 at 9:34 am.. Reason: Reorganized and added link to official site
mia is online now   Reply With Quote
Old Sep 23, 09, 9:48 pm   #13
Moderator: Las Vegas
 
Join Date: Aug 2001
Programs: DL DM, AA Plat, Hilton Diamond
Posts: 12,074
Diners was first, but is moving over the the Discover brand next week.

Diners Club International tie with Mastercard ends 1 October
skofarrell is offline   Reply With Quote
Old Sep 24, 09, 6:35 am   #14
Moderator: Las Vegas
 
Join Date: Aug 2001
Programs: DL DM, AA Plat, Hilton Diamond
Posts: 12,074
Interesting.

Their their point boosts are at 25K, 50k and 100K in spend (varies by ink product).

They are also using the "Blueprint" feature on the other ink cards.

They are going after Amex's T+E market in a big way.
skofarrell is offline   Reply With Quote
Old Sep 24, 09, 8:29 am   #15
mia
FlyerTalk Evangelist, Moderator: American Express, Diners Club
 
Join Date: Jun 2003
Location: Miami & London
Programs: AA 2MM Perpetual Platinum; HH & SPG Gold
Posts: 20,291
Quote:
Originally Posted by skofarrell View Post
Diners was first, but is moving over the the Discover brand next week.
This does not affect the Diners Club Mastercards issued by Citi in the USA and Canada. The change is for visitors to North America whose Diners Club cards are issued elsewhere.
mia is online now   Reply With Quote
 
 
Reply

Bookmarks


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off
Forum Jump


All times are GMT -6. The time now is 5:54 am.




SEO by vBSEO ©2011, Crawlability, Inc.