|Lufthansa's, a United Airlines mileage redemption partner, transatlantic business class hard product: definitely worth your $196 in credit card churning.|
Thursday, November 29, 2012
Why the Chase Ink Plus Business Card is the best credit card for churning points
Earlier this year, Chase introduced their Ink Plus Business Card, which offers a generous 50,000 point sign-up bonus. The sign-up bonus became even more lucrative this past month when Chase lowered the spending threshold requirement from $10,000 to $5,000 within the first 3 months. This is in contrast to the 40k points after $3k in purchases offered by their Sapphire Preferred card, which still stands as the best card on the market for everyday purchases. Both cards carry the same annual fee that is waived for the first year ($95), no foreign exchange transaction fees, and Ultimate Rewards points earnings which can be transferred to various frequent traveler programs at a 1:1 ratio. However, the Ink Plus card has a definitive edge when it comes to points accrual as you earn 5X at office supply stores and on cell phone, landline, Internet, and cable TV services along with 2X on gas and hotels. The Ink Plus also carries a 0% intro APR for the first 6 months. And no, you don't actually have to own a business to be eligible for the card despite its label as a "business card".