Record High Signup Bonuses on Multiple Ultimate Rewards Cards

AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.

Chase issues an extensive range of travel rewards cards — including United, Southwest, Hyatt, and even British Airways credit cards. However, none are more valuable or sought after than Chase's lineup of Ultimate Rewards cards.

Right now, several Ultimate Rewards earning cards are running record-high signup bonuses. New applicants can score up to a 100,000-point bonus from a single sign-up bonus.

The best card for you is going to depend on your travel goals and spending patterns. So, in this post, we will analyze the increased offers from Chase so you can determine which card is best for you.

Earn 100,000 Bonus Points With the Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
Annual Fee$95
Welcome Bonus Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
Our #1 recommended beginners rewards card featuring an 100,000-point signup bonus after you spend $4,000 on purchases in the first 3 months from account opening. This card comes with great benefits and earns valuable Ultimate Rewards points.
  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
  • 5X points on Lyft rides through March 2022
  • 2X points on travel and dining at restaurants worldwide
  • 1X point per dollar spent on all other purchases

If you don’t already have an Ultimate Rewards card, the Chase Sapphire Preferred® Card is easily our top recommendation of the cards featured in this post.

This card has been around for 12 years, and this is the first time we’ve seen an offer for 100,000 points. This is an incredible offer for new Sapphire Preferred cardholders, and possibly the best offer we've seen on an Ultimate Rewards card.

Cardholders earn 2X points on dining and travel purchases, can redeem points at a fixed value of 1.25¢ per point through the Chase Travel Portal, and are covered by travel and purchase protection benefits like primary auto rental insurance.

See full card review for details: Earn 100,000 Points with the Chase Sapphire Preferred® Card

$750 Cash Back Bonus on No-Annual-Fee Ink Business Cards

Ink Business Cash® Credit Card
Ink Business Cash® Credit Card
Annual Fee$0
Welcome Bonus Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
Features a $750 cash back signup bonus, and you earn 5% cash back on a select range of business expenses on the first $25,000 spent each year.
  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • 0% introductory APR for 12 months on purchases
  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • 1% cash back on all other card purchases with no limit to the amount you can earn

Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card
Annual Fee$0
Welcome Bonus Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. after you spend $7,500 on purchases in the first 3 months from account opening.
The best business card to earn Ultimate Rewards on non-bonus purchases, you receive a $750 cash back bonus after you spend $7,500 on purchases in the first 3 months from account opening. Earn 1.5% back on all business expenses.
  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase made for your business
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • 0% introductory APR for 12 months on purchases
  • Earn unlimited 1.5% cash back on every purchase made for your business

If you qualify to sign up for a small-business credit card, the two no-annual-fee Chase Ink Business cards are the perfect way to earn valuable points from your business spending.

It’s hard to overstate how unusual it is to see a bonus this valuable on cards that don’t charge an annual fee. Offers worth $200 or even $300 are common enough, but $750 cashback is off the chart. And since this bonus is issued as 75,000 Ultimate Rewards points, it could be worth $1,500 or more if you combine your points with an Ultimate Rewards card that lets you transfer points to airline and hotel partners.

The principal difference between these cards is the bonus categories. The Ink Business Cash® Credit Card earns up to 5% back on certain purchases (but only 1% on non-bonus purchases). Meanwhile, the Ink Business Unlimited® Credit Card is the everyday workhorse of the Ink family, earning 1.5% back on all purchases.

Both cards provide standout perks and benefits including primary car rental insurance for business rentals and purchase protection and cost you nothing to hold over the long term.

Compare these cards: Best-Ever $750 Cash Back Offer on No-Annual-Fee Ink Business Cards

Earn 100K Ultimate Rewards with the Ink Preferred

Ink Business Preferred® Credit Card
Ink Business Preferred® Credit Card
Annual Fee$95
Welcome Offer Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.
The most valuable Ultimate Rewards signup bonus on offer and our top pick for small business rewards cards. Business owners earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. Plus, earn up to 450,000 points per year on a wide range of 3X bonus categories.
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
  • $95 Annual Fee
  • 3X points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year
  • 1X point per $1 on all other purchases

Chase's flagship small business card, the Ink Business Preferred® Credit Card is also sporting the highest Ultimate Rewards signup bonus available.

New cardmembers earn 100,000 bonus points when they spend $15,000 in the first 3 months. Compared to the consumer Sapphire cards, it's a significant minimum spending requirement. But when you break it down into the monthly spend required to earn the bonus, it's on par with the best small business cards we've reviewed.

If you need a smaller spending requirement, check out the welcome offers you can earn spending less than $350 per month.

Similar to the no-annual-fee Ink cards, the Ink Preferred provides top-tier travel and purchase protection benefits, and features lucrative earning rates in popular business spending categories. Cardholders earn 3X points per $1 on the first $150,000 in combined spending each account anniversary year in the following categories:

travel
shipping purchases
internet, cable, and phone services
advertising purchases made with social media sites
search engines

Here's our analysis of this 100K offer: Earn 100K Ultimate Rewards with the Chase Ink Preferred

Increased 60K Bonus on Chase Sapphire Reserve®

Chase Sapphire Reserve®
Chase Sapphire Reserve®
Annual Fee$550
Welcome Bonus Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®.
Chase's flagship Ultimate Rewards card. You get a $300 travel credit, airport lounge access courtesy of a Priority Pass membership and industry-leading travel insurance benefits. New cardholders earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®.
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 60,000 points are worth $900 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✔®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • 10X points on Lyft rides through March 2022
  • 3X points on travel immediately after earning your $300 travel credit
  • 3X points on dining at restaurants
  • 1 point per $1 spent on all other purchases

The latest 60,000 point bonus is the first increased offer we've seen on the Chase Sapphire Reserve® since the 100K bonus when the card launched back in 2016.

While we don't see this offer presenting the same value as the bonus on the Sapphire Preferred. If you've had this card on your application radar waiting for an increased offer, this is the first opportunity we've seen come across the desk here at AwardWallet in almost five years.

The Chase Sapphire Reserve® comes stacked with feature benefits including a $300 annual travel credit, a full Priority Pass lounge membership, and possibly the best travel and purchase protection benefits of any rewards card available in the U.S.

See the full review for card details: Increased 60K Bonus on Visa Infinite Card

Chase Application Restrictions

All Chase cards are subject to Chase's 5/24 policy. Essentially, if you've opened 5 or more new credit cards in the previous 24 months, Chase won't approve you for a new credit card. This restriction applies to both the Sapphire and Ink business cards.

However, as business cards, the Ink cards won't count towards your 5/24 total. If you have your eye on a personal and a business Ultimate Rewards card, applying for the business card first means it won't add to your 5/24 status, leaving the door open to get a Chase personal card later.

The other rule to keep in mind is the Sapphire card restrictions. You won't be approved for a Sapphire card if you already hold one or you have received a bonus on a Sapphire card in the previous 48 months.

Our Take

The Ultimate Rewards ecosystem is one of the most powerful and flexible rewards programs. The 13 Ultimate Rewards transfer partners open luxury award travel opportunities all over the globe, while the Chase Travel Portal offers a solid outlet for using your points toward inexpensive flights and stays.

While the 100,000-point offer on the Sapphire Preferred is our pick for the best bonus on offer from Chase right now. The increased bonuses across nearly the entire portfolio of Ultimate Rewards cards present a great opportunity to boost your rewards balance and put you on the path to your next award redemption.

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

**You may receive 5 bonus AAdvantage miles for leaving a comment (Details/FAQ)

Comments

  • I remember the fever for the CSR back in 2016-2017 when it was offering 100,000 signup bonus! Clearly, Chase is working hard now to attract CSP cardholders.

  • Talchinsky says:

    I want to apply for Chase Sapphire Preferred but I don’t think I’m eligible for bonus since I have a simple Sapphire card. I’m going to see if I can transition it to a Freedom card first and then will apply. Not sure how long I should wait in between making this change and applying. Anyone else have experience in this area?

  • Emily Davidson says:

    I really wish Chase would explain why they turn people down for cards. I know two people who tried to sign up and were denied for no apparent reason, which sucks for them but also means no referral bonus….

  • Jessica Aleksandra says:

    These credit cards listed above are utterly astonshing with their overall perks and benefits for frequent flyer members out there, to say the very least. I have been an immensely loyal and long-standing client with both Chase and Amex for the last decade since I graduated from high school, and I am looking to continue for several years to come!

  • Chase is saying in a very strong way, We are back for business. 2020 was a lost year and they want to capture as much of the new business as they. can. These offers are very valuable, particularly if you can travel soon.

  • I just got Ink Business Unlimited. I’m going to see how it goes. the best thing is that it has no annual fee.

  • The Sapphire Preferred bonus looks good, but do people think it’s worth it if you rarely eat out and are expecting to be in a travel lull for several more months to a year? Without restaurant and travel purchases, does the card really bring much else to the table?

  • Jess,

    As a long term AW customer with the paid subscription I should tell you that as much as I love AwardWallet app (or the site) for managing my loyalty programs, to the same degree your blog falls short on making credit card sign up bonus recommendations.

    In this respect you are more like the TPG, you never recommend anything you do not make money on.. it is sad, because this damages your reputation. I understand that you need to make money, but hiding the better offers from your readers is a faulty practice… and AW always did so on the number of occasions. Whether you do not do your research to see what is the best offer around, or just blindly select only the offers you can make referral (click) commissions on really does not matter.

    It is very sad, especially that your app is amazing..

    In this post you managed to avoid mentioning 2 offers which are better than the ones you described.

    1) CSP – you can get the $95 AF waived, and also $50 grocery credit if apply at a Chase branch (edited for accuracy) (https://www.doctorofcredit.com/chase-sapphire-preferred-branch-offer-100000-points-50-grocery-credit-waived-annual-fee/)

    2) CSR – you may get a targeted offer for 70K, and soon that 70K offer will become a branch offer as well (https://www.doctorofcredit.com/chase-sapphire-reserve-70000-points-signup-bonus-branch-offer-begins-7-18/).

    I know those offers are not public offers available online, but leave this decision up to a reader whether to apply via your link for inferior offer, or go to the branch for a better one…

    Again, I know you need to make money, but you do it once your customers will think it is a mistake, you do it twice they will not trust your judgement in other areas too, do it third time, and you will lose your loyal readers…. money are important, but is it worth your reputation?

    Please do your due diligence, and keep your readers interests in mind, and then they will pay you back by coming to AW site to apply for cards using your links intentionally, because they would want to pay you back for your honesty… It is one thing to have an inferior offer link on the bar on the right side, and another create a special post which makes people to believe that this is actually the best offer at the moment.

    Again, thanks a lot for your application (happy to pay my subscription fee when you are doing a great job there..), but sorry, your blog (in terms of sign up offer recommendations) completely lost credibility in my eyes.

    Hope you you do not delete my comment, and may be even make a correction to your post…

    All the best.

    • Hi VL, thanks for the feedback. We appreciate your paid AwardWallet subscription and kind words about the AW product. I’m sorry you feel the blog falls short with respect to featuring the best offers.

      As a general rule, we do our best to cover better offers when they are publically available online. For example, we’ve been using a non-affiliate link for the Citi AAdvantage Platinum Select for almost a year because the 60K offer is better than our 50K affiliate offer. https://awardwallet.com/blog/citibank-american-airlines-aadvantage-platinum-select-review/.

      However, you are correct that we don’t cover offers that require visiting your bank to sign up or those that are targeted to specific individuals.

      In some cases, publishing a “better” offer for a single card might also require us to take down affiliate links for many other cards issued by the same bank. We do our best to find a balance.

      • Erik, I appreciate your honesty, and the fact that you did publish my comment instead of just deleting it.

        I understand that you have obligations in front of the banks to publish affiliated links, but at least I think you should mention, that the better offers are available (targeted or in branch, or even public). It is OK that you can not post those links, but you should at least mention that. You do not have to lead the reader somewhere else to apply, that is not expected, but at least if you would have mentioned that the better offers are available – you would come fair and honest in my eyes. No misleading, if a reader wants to look for a better offer, and how to apply for it at least he/she is informed about its existence.

        Not all will do that, for many people a simplicity applying online is way more important than spending time going to a branch, and you will see people will appreciate that. They will trust your recommendations blindly, and they will specifically come to your blog to apply from your link as a token of appreciation instead of going off a public offer page.

        I have done that many times myself.
        All the best.

        • Thanks again for your feedback. I agree with the points made above, and we’ll take them into consideration for how we manage “better-offer” situations going forward. Thank you for being an AwardWallet member.

  • Do some people just feel like swearing off these cards for good because they have simply lost most of their appetite for travels?

  • I’ve been more in the AmEx ecosystem lately (due to their compelling earn rates + bonuses) but I do have the freedom/ink cards. Haven’t had the Sapphire Preferred so picked it up for the bonus. For the Ink BCP, i actually liked the earlier offer of 80 k with 5k spend more than this 100k on 15k.

  • I’ve had the Amex Platinum for years (Member for over 40 years), and I believe it’s the best for frequent travel. I’ve had a Chase Sapphire, but dropped it 6 years ago, as it didn’t make sense to pay $500+ each for two cards.. Now that travel is starting again, I need a Visa with no foreign transaction fees. I firmly believe you should have one card on all three primary payment networks (AMEX, VISA, MC). The best deal right now appears to be the Chase Sapphire Preferred, which I picked up last week. 80,000 point bonus, long term earn isn’t bad, and it complements the Amex well. The key message is that it’s a good complement. Chase Sapphire Reserve and the AMEX Gold would be a very even match, too.

    And for MC, I use an Apple Card.

    • Thanks for taking the time to share your card portfolio. Always appreciate seeing how AW folks operate, so much so that I almost wish we could have our card array somehow displayed with our user name / profile. Would appreciate the data.

      • That would be really cool. You could then tie in what card to use for what categories you have based on what cards you have.

  • I like the Chase credit cards which can earn the Chase Ultimate Rewards. For the Chase cards with annual fees, you can transfer those Rewards to Chase travel partners. For those Chase credit cards without annual fees, like Chase Freedom, you can first transfer the Rewards to the Chase cards with annual fees of yours or your family member’s, then transfer the Rewards to the travel partners. I found this very helpful to accumulate the Chase Rewards to book family travel.

  • These offers are certainly tempting but the overall sustained lower earn rate compared to AmEx cards has resulted in putting the spend most of the times on AmEx instead of Chase. And I agree with the other comments, Chase needs to come up with better Offers in order to attract long term spend on the cards

    • JT Genter says:

      That’s really true. And it’s kinda fascinating when you take a step back and look at how Chase really launched the bonus category “war” with offering 3X on travel and dining on the CSR. But since then, Chase has been lapped by the other issuesrs.

  • I wonder how long they will have these. I am not looking to get any new cards right now. It is a nice time to have a bonus if you’re planning a trip.

  • Thanks of always tracking these signup bonuses! I was still within the blackout window (for my last chase card) when this bonus hit 80k last time, but I’ve recently cleared that window and plan to take advantage of it now.

  • Chase Ultimate Rewards is my favorite credit card currency, followed by AMEX Member Rewards.

  • The Sapphire Reserve bonus sounds somewhat enticing for someone who is outside of the 5/24 rule. However, the earnings potential just does not seem to be there. Many of my other cards give the same or better return on both dining and travel. What would be more helpful would be higher returns on dining and/or adding double/triple categories that other cards do not have. From my perspective, it would also be great if there were points/miles transfer opportunities at a value similar to the value of using the Chase portal.

  • Those are some pretty high spend limits to get the bonuses though.

  • Strongly encourage anyone who is able and can afford to get a UR card to get one or more. Best program out there IMO.

  • Gabriel santarelli says:

    Ink Business Unlimited® Credit Card sapphire option seems to be the best option. Looks to be pretty good offering. It is similar to last years chase offering with platinum. Good approach!

  • Bhikhu Shah says:

    Chase need to provide more offers like the Amex Offers, to compete effectively against Amex.

  • Chase is always my favorite card to apply and use.

    • Don Andrews says:

      Would love to downgrade my CSR and apply for CSP with 80K SUB. Do I still have time before May 23?

      • JT Genter says:

        We aren’t sure of the end dates on these offers yet. So, make sure to check back right when you’re eligible!

  • Billy Kidd says:

    which cards, if any provide a credit for TSA PRE or Global Entry

  • Can people have no business apply Ink business card? The offer looks so attractive!

    • You don’t need a formal business to qualify, could just be a gig economy job or something where you are the sole proprietor. Even if you sell on ebay as a hobby, that counts, it’s just about earning money.