Is This The Best Ever Welcome Bonus On A No Annual Fee Card?

In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out my advertiser policy for further details about our partners, including American Express, Capital One, Chase, and Citi, and thanks for your support!

The Ink Business Cash℠ Credit Card recently introduced an increased welcome bonus of 50,000 points after spending $3,000 within three months, which is significantly better than the previous bonus of 30,000 points upon completing minimum spend. This is the best public bonus we’ve ever seen on the card.

Not only is that a great bonus, but this is a card I can’t recommend applying for enough, for a variety of reasons. This includes the card’s excellent purchase protection, car rental coverage, and bonus categories. Specifically, the card offers:

  • 5x points on the first $25,000 of combined purchases per account anniversary year at office supply stores, and on internet, cable, and phone services
  • 2x points on the first $25,000 of combined purchases per account anniversary year at restaurants and gas stations

In conjunction with a card like the Chase Sapphire Reserve® Card, points earned on this card can be converted into Ultimate Rewards points that can be redeemed for 1.5 cents each towards a travel purchase, or be transferred to an airline or hotel partner, where you can get even more value.

Personally I value Ultimate Rewards points at 1.7 cents each, so to me that means the 50,000 point welcome bonus on this card is worth $850, assuming you have this card in conjunction with one earning premium Ultimate Rewards points. While we see lots of credit cards with big welcome bonuses nowadays, it’s exceedingly rare to see such big bonuses for a card that has no annual fee. Some cards have a waived annual fee for the first year, while this card never has an annual fee.

It’s only logical that generally cards with annual fees have better welcome bonuses than cards without annual fees, since they have different marketing budgets.

As I put thought into this, it occurred to me that the current 50K bonus on the Ink Business Cash℠ Credit Card may just be the best ever welcome bonus we’ve seen on a no annual fee card. It’s possible that in the history of credit cards I’m missing something, though off the top of my head I can’t think of a no annual fee card that has ever had a bonus that I value at ~$850.

If you haven’t yet applied for a Chase business card, see this post for details on how to fill out a Chase business card application, as you’re potentially eligible even if you just have a sole proprietorship.

Can anyone think of a better welcome bonus on a no annual fee card than what we’re seeing right now on the Ink Business Cash℠ Credit Card?

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Comments

  1. I get the feeling you are the real adult in the house. All these others prancing around writing all these articles about aviation but you are running the house by selling the cards.

    Any news about increased Chase shutdowns of people lately?

  2. Any truth to the rumors that Chase is going to end UR pooling from non Sapphire cards? (Freedom/CFU/Ink)

  3. @ Wes Dayhoff — Yes, it is subject to 5/24. The good news is that applying for a Chase business card typically won’t count as an additional card to your 5/24 “total,” at least.

  4. how many times have you written on this card this spring??? Honestly, I am getting sick of the same posts again and again…I hope you deliver more content since you have more people writing for you now

  5. @ken – Quit being such a douche; you’re sick of the same posts on a FREE site with applicable saving content? What an idiot

  6. Yes it is Lucky! You found the best free card with the most sign up bonus. Yea! In other news, the sun rose and set again…

  7. Did anyone have any difficulty getting this card? When my dad, who has a small vending business tried to apply they asked for alot of extra paperwork (tax form, articles of incorporation etc). He has applied for other business cards (including the Ink preferred) without having to do all of this. Very strange.

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