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Chase Ink Plus 60k
How Is This Different
Normally the public offer for the Chase Ink Plus gives 50,000 Ultimate Rewards points after $5,000 in spending during the first three months. This new offer ups the bonus to 60,000 points, however unlike to 50,000 version, the annual fee of $95 has to be paid up front.
Basically, you get 10,000 more points and pay $95. In my opinion $95 is a fair trade off for 10,000 Ultimate Rewards points (you can redeeem the points for $100 cash), but you may be able to do better.
Get the Annual Fee Waived (My In Branch Experience)
View from the Wing is reporting that Chase may be waiving the annual fee and giving 60,000 bonus points if you apply in a branch. To get confirmation, I headed down to my local Chase branch and asked about the offer. They told me that the best offer was 50,000 bonus points. *Sigh
Since the 60,000 point offer is so new, my guess is that my local branch just hadn’t been briefed on it yet. The employee did seem a little clueless, so I wouldn’t take my experience as a good data point. If you have a branch nearby, you may want to stop in or at least wait until a few data points roll in about the in-branch availability.
Recent Applicatant Match?
Last year when the offer increased in a similar way, Chase initially matched the higher bonus, but later denied matches because the increased offer requires you to pay the annual fee. If you recently applied for the 50,000 point offer with the annual fee waived, you may run into a similar issue.
If you are looking for a match, I highly suggest sending Chase a secure message as soon as possible. People who did it early on last year got matches and those who waited ended up getting denied.
The last time the bonus on the Ink Plus was 60,000 points was in May of last year, although it did go up to 70,000 points last September. If you are in the market for the card, then this may be a good time to get it since the bonus only increases once or twice a year. If you have any questions, please let me know!