In this competitive world of credit cards, Chase is a powerhouse in offering some of the best cards. The bank’s Ultimate Rewards currency is valuable and versatile.
Recently, Chase announced a couple of offers worthy of application.
Chase INK Plus – 70000 point signup bonus (HT: Flyertalk)
You can get the Chase Ink Plus with a bonus of 70000 points. The key is that you have to apply in a Chase branch and the $95 fee is not waived. Minimum spend is $5k in 3 months.
Since the normal offer is 50,000 points with no annual fee the first year, you are essentially getting 20000 extra points for $95. You are buying the extra points for 0.475 cents per point. That is an excellent value for Ultimate Rewards Points.
As always, you can’t go wrong with 5x points at office supply stores, cable, internet and phone bills and 2x points at gas stations and hotels.
Marriott Rewards Premier Visa – 70000 point signup bonus
There’s also a public offer for 70,000 points for the Marriott Rewards Premier Visa.
There is no annual fee the first year, $85 thereafter. In addition to the 70,000 points, you get 1 free night stay at a category 1-4 location. You get 1 free night every year at a category 1-5 hotel as well. The minimum spend is $1000 in 3 months.
Looking at Marriott’s award chart, you can easily redeem for 2 nights at an upper category Marriott or even 2 nights at a lower level Ritz-Carlton.
This is certainly not a great card for everyday use. Just get the bonus and then put it away in your drawer and even consider canceling it after the first year. There are certainly better cards out there for everyday spend.