Chase Ink Referral Offers

It is no secret that the Chase Ink lineup of cards (Ink Cash, Ink Unlimited & Ink Preferred) are ToP's favorite business cards. They have excellent welcome offers and some of the best earning categories on the market. The Chase Ink referral offers are also some of the most rewarding out there (although Amex has a claim at times there too).

Update 8/28/24: Reminder that this is the final days for these increased rates.

Refer A Friend Offers

Historically the Chase refer a friend offers would give you 20,000 Ultimate Rewards points when your spouse, significant other, friend etc. signed up using your personal referral link. A while back Chase decided to super size that offer though, increasing it to an insane 40,000 points! That was like giving you an $800 present (assuming 2 cents per point value) for spreading the good word. It looks like the Fast Times At Ridgemont High are coming to an end soon though.

Chase recently sent out this email about the Ink referral offers program:

As of 9/3/2024, you’ll no longer earn 40,000 bonus points for each business. Instead, you’ll earn 20,000 bonus points for each business, up to 10, that gets approved.

I will say, it was pretty cool of Chase to give us an ample heads up on the change. That is something that doesn't always happen.

Why This Doesn't Change Anything

This reduction should change anything for you though. Why? First off, you have quite a bit of time to plan if you want to take advantage of the increased 20K referral offer for your player 2 (spouse or significant other). There is no need to rush to use this, or to change up your miles and points plan or pathway. Even at 20,000 points you are still getting icing on your cake, with the welcome offer being the prize to keep the eye on. There is no need to try to hit velocity that isn't good for you, or brute force some applications, for a mere 20,000 points.

Chase Ink Referral Offers: ToP Thoughts

While it is sad seeing Chase Ink referral offers getting chopped in half, they are still some of the best refer a friend offers out there. Hey, anything is better than the nothing Citi, Bank of America and US Bank offer! It also isn't worth the panic, or rushed applications, that we saw talked about in the ToP Facebook Group. Stick to your plan and stay on the path. Deviating for a mere 20,000 points could end up costing you a whole lot more than that.