This past week, Chase introduced an increased offer on their Chase Ink Business Cards, offering a lucrative 60,000 point bonus when you complete $5,000 spend in 3 months. I’ve written in the past about how great the Chase Ink Cards are and how you can earn valuable Ultimate Rewards points at an accelerated rate with 5x points per dollar spent on telecommunications, office supply stores, as well as 2x points per dollar spent at gas stations and hotels.
The Easiest 85,000 Points Earned:
After signing up for the Chase Ink Bold card and receiving it in the mail, I immediately ordered $5,000 worth of Visa Gift Cards through the Staples.com website and effectively met the spending requirement to receive my 60,000 point sign up bonus, as well as an additional 25,000 points for 5x points per dollar spent at Staples. I registered my Visa Business Card to receive an additional 1% credit that will post on my next statement.
85,000 Ultimate Reward points are almost enough for 3 nights at a Category 7 Hyatt hotel that can run up to more than $1,000 per night! It’s enough for a free roundtrip ticket to Israel or a free roundtrip ticket to Europe and a roundtrip from San Diego to New York on United. It’s enough for a one way ticket on Korean in first class to Asia, enough for multiple flights on Southwest, and enough for almost 20 short-haul flights on British Airways! Ultimate Rewards is so valuable for its flexibility and the many great airline and hotel programs that transfer at a 1:1 point ratio instantly.
Using Your Visa Gift Cards:
You can continue to earn 5x points per dollar spent at Staples (and all other office supply stores and telecommunications) up to $50,000 spend per year. That’s a potential 250,000 points if you continue to utilize the Visa Gift Cards. Once you purchase the gift cards, you will have to activate them and set up a pin for each card to be able to use them and upload them onto Evolve Money or Bluebird. Evolve Money allows you to pay off bills such as: auto loans, mortgages, property tax, insurance, and more up to $1,000 per day. You cannot pay off your credit card bill with Evolve Money. In order to pay off your credit card bills, you must upload the gift cards onto your Bluebird card at a local Walmart money machine or in-person teller at up to $2,500 per day and $5,000 per month.
Don’t wait any longer to cash in on earning valuable points fast. Earn that free trip in less than a week and make your travel experiences even more enjoyable by doing it for free!
Nice job! I just did the same, but with the 50k bonus (I just missed the 60k one by a few weeks). I found that SwagBucks also offers cash back (via PayPal) for 6%.. not much more than the Upromise one, but for those of us who (may) churn this gift card deal until it dies, 1% makes my day. Thanks for sharing!
Nice job Anthony! I’ll have to look into that SwagBucks offer and make sure you sign up your Visa business card to get another 1% back at Staples through a statement credit. I also missed the 60k bonus but I sent a private message to Chase and they were happy to honor the 60k offer so I suggest you try the same. Good luck!
Glad they took care of it for you. Fingers crossed mine goes well, too. That Visa Savings Edge is definitely something new for me to keep an eye on .. I did get the 1% for Staples, but may do a bit more perusing to see how we can maximize their benefits when stacking with others. Looking forward to many more of your great, informative posts.
Did upromise shopping portal work? Many bloggers reported that portals do NOT work with staples.com
Unfortunately, Staples has not been paying out the 3rd party shopping portal websites for visa gift cards, so most people have noted that they are not receiving any cash back from websites like Upromise. Thanks for pointing that out! You can still sign up your Ink Card for Visa Advantage and receive 1% cash back from Staples, and wait for Plink to hopefully bring Staples back as a cash back partner.