MilesDavis11

Today I received an offer in the mail for the Ink Bold Business Card from Chase.

Details:
50,000 bonus points after first purchase
30,000 bonus points when you spend $5,000 in first 4 months
Annual fee of $95 waived for first year.



Plus, 47,500 bonus points per year including first year:
7,500 points when you spend $25,000 per year
15,000 bonus points when you spend another $25,000
25,000 bonus points when you spend an additional $50,000
(I wouldn't make any of those bonuses)

Points are worth 25% more if you book through Ultimate Rewards, so 80,000 points would be worth $1,000 in travel.


What do you think? I'm not familiar with Ultimate Rewards - is this a good value worth taking advantage of?