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One business credit card has been offering a fantastic 100,000 point welcome bonus for over two years, so when we got a heads up (a few days ago) that the card would have its bonus refreshed, I assumed that the great deal was about to be pulled.
Amazingly (and I’m a little stunned by this), not only has the 100,000 point welcome bonus not been pulled today, it has actually been made easier to earn!
The card in brief
Annual fee: annual_fees
Cost of additional/employee cards: $0
Current welcome bonus: bonus_miles_full (more details).
Note: The old welcome bonus required $15,000 of spending.
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 Ultimate Rewards portal
Quick thoughts
If you’d like a full-blown review of the card_name together with 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. And now, the spending requirement has been dropped from $15,000 to $8,000.
- 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 annual fees of under $100 and that can make a number of no annual fee Chase 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 $95, that seems like great value.
Overall, this is by far and away my favorite Chase Business credit card as it pairs a low annual fee with strong earning rates and great benefits.
When you add to that the fact that it’s also offering a 100,000-point welcome bonus, it becomes a card that’s almost impossible for miles & points fans to ignore.
*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 once they’re gone, they often don’t return (remember the 100,000 offer that came with the card_name?) so the fact that this bonus continues to be available and has now been made easier to earn, astounds me.
For anyone who loves Ultimate Rewards points, this is a genuinely great card and I like it so much that if a draconian new rule was ever brought in that limited us to just one business card (across all card issuers), this would probably be the card that I would choose.
