Possible reasons not to wait around if you want this excellent 100,000 point welcome offer

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Our favorite business credit card has been offering a fantastic 100,000 point welcome bonus for longer than I can remember, and amazingly, the spending needed to trigger the bonus has been at a comparatively low level since the middle of last year.

That’s all great news for miles and points collectors, but there’s something that I’ve been wondering for the past few days and that’s the reason for this article – I’m wondering if this will be the next card to see it’s fantastic offer revised.

The card and the deal

The card in question is the fantastic card_name which is currently offering successful new applicants the following deal:

bonus_miles_full

Historically, this 100,000 bonus has come with a $15,000 spending target (that’s the target that I had to hit when I got this card back in 2021), so this is the lowest level at which the target has been set for years.

Is a refresh coming?

I don’t know. I have no ‘inside information’ and I haven’t read any rumors about a refresh, so your guess is as good as mine.

I do, however, have a few good reasons for thinking that Chase may decide to refresh this offer sooner rather than later.

1. The offer of 100,000 bonus points has been around for a very long time, and the longer it hangs around, the higher the chances are that Chase will change it. Traditionally, great bonuses don’t last forever.
2. The $8,000 spending target that will trigger the current bonus has been around since the end of June last year, and that’s an incredibly long time for this card to have a spending target that’s that low. I’m struggling to believe that Chase will keep the spending target at this level for much longer.
3. In recent weeks, Chase has refreshed the offers on the card_name and card_name, and both saw their bonuses lowered. It’s therefore not unreasonable to think that the next logical step for Chase to take is for it to rethink the welcome offer on the card_name.

If this offer was to be refreshed (and as I said, I have nothing but suspicions at this point), there are three ways the refresh could go:

• The spending target could remain the same while the bonus on offer is lowered (as we’ve seen happen with two other Ink business cards recently).
• The bonus could remain the same while the spending target is increased (probably back to the $15,000 level at which it has traditionally be set).
• The bonus could be cut and the spending target increased.

If a refresh comes, the last option seems the least likely one that Chase will choose, but the other two would seem reasonable, and if I was asked to guess, I’d guess that the most likely change will be the second one – the spending target gets increased significantly.

That would allow Chase to keep an eye-catching number on it’s credit card pages while making sure that the bonus doesn’t cost it as much to pay out.

The card_name (in brief)

Annual fee: annual_fees

Cost of additional/employee cards: $0

Earnings: card_name earns 3 points per dollar on the first $150,000 spent in combined purchases in the following categories each anniversary year:

• Travel
• Shipping purchases
• Internet, cable, and phone services
• Advertising purchases made with social media sites and search engines
• Cardholders earn 1 point per dollar on all other transactions and on all transactions above the $150,000 yearly maximum.

Key benefits:

• Primary auto rental cover
• Cell Phone protection
• No foreign transaction fees
• Trip Cancellation/Trip Interruption Insurance
• Purchase protection
• Extended warranty protection
• Roadside dispatch
• Transfer points to 11 airline partners and 3 hotel partners in a 1:1 ratio (details)
• Get 1.25 cents/point in value when you spend your points on travel through the Chase Travel portal

If you’d like a full-blown review of the card_name alongside all the reasons why I think this is a great card to have, you’ll find it here.

In brief, however, these are just some of the reasons why I love this card:

• The welcome bonus is fantastic. Even if you value Ultimate Rewards points as low as 1.25 cents each* (the value you can get out of each point when booking travel through the Chase portal), this bonus is worth $1,250.
• The earning rates are strong and the travel spending category (in which this card pays out 3 points/dollar) is so broad that I’ve yet to find an example of a travel expense that doesn’t qualify for the boosted earnings.
• The card_name is one of just two cards that charge an annual fee of under $100 and that can make a number of no annual fee credit cards even better than they already are (the other card is the card_name). All the details of how this works can be found in this full review, but suffice it to say that if you value Ultimate rewards points at 1.5 cents each (as I do), this card can turn a no annual fee card into a card that offers effective rebates of up to 7.5% in select spending categories.
• The primary rental car cover and the cell phone cover are both great benefits to have and when you consider that they’re being offered in exchange for an annual fee of just annual_fees, that seems like great value.

*I don’t know of anyone who values Ultimate Rewards points at a level that’s this low.

Bottom line

The history of credit card welcome offers teaches us that fantastic deals don’t usually hang around for very long and that makes the current offer on the card_name more than a little unusual.

The fact that the 100,000 point bonus and the $8,000 spending target are both still elements of the current welcome offer surprises me, and the fact that Chase has lowered the welcome offers on two of its other Ink cards in recent weeks makes me wonder if this bonus is the next one to be refreshed.

I have no evidence or information that this welcome offer is going away anytime soon, but logic dictates that it won’t stay in its current guise for ever, and what better time for Chase to review it than when other Ink business card offers are being refreshed?

The fact is that for anyone who loves Ultimate Rewards points, this is a genuinely great card to hold and while it’s offering a welcome bonus as goods as this one, it’s a card that most Ultimate Rewards fans should be adding to their wallet if they don’t already have it.

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