Chase Ink Bold 10 Points Per Dollar


As you probably know, the new Chase Ink Bold business credit card is a great option for credit card churning.  It offers 50,000 valuable Ultimate Rewards points after spending $5000 in three months with no annual fee the first year (For more info, please see Preparing for Miles).  Beyond simply credit card churning, though, the Ink Bold is a great option for gift card churning:

Gift Card Churning

The Ink Bold will give you 5 points for every dollar spent on office supply stores, cable and wireless service, and landline communications.  The office supply store category is especially interesting because you can use your Ink Bold at office supply stores in order to buy gift cards for other types of stores and restaurants.  In that way, you can effectively get 5 points per dollar for virtually all of your purchases!

Double Dip

If you have the Ink Bold then you also have access to the Ultimate Rewards Mall.  Here you can get extra points for clicking through the mall to online retailers.  You can easily double dip with the Ink Bold by clicking through to office supply stores such as Office Depot, OfficeMax, and Staples.  In this way, you will earn 5 points per dollar from the Ink Bold for office supply purchases, and another 3 to 5 points per dollar from the Ultimate Rewards Mall.  Until the end of January, Staples is offering 5 points per dollar through the Ultimate Rewards Mall, so you can get a total of 10 points per dollar for all Staples purchases! is one of the few online merchants I know about that sells gift cards from other merchants.  Many stores have gift card racks in their brick and mortar stores, but not online.  The interesting thing is that not only does Staples sell these cards online, but several readers have reported that they have received Ultimate Rewards Mall points from buying gift cards at  This means that, by buying gift cards at Staples through the Ultimate Rewards Mall using your Chase Ink Bold credit card, you will earn 10 points per dollar for all purchases using those gift cards!  For your convenience, here is the list of cards currently available online:


Ironically, one gift card to be wary of is the Staples gift card itself.  It can only be used in-store and not online.  So, if you buy these, make sure you plan to make purchases in person!

NOTE: I haven’t yet confirmed this double dip on my own, but since Staples is likely to reduce their Ultimate Rewards bonus starting February 1st, I thought it was important to get this information out right away.  I have heard from more than one reader that it works.

Triple Dip

In a future post I’ll show how to take this trick a step further to triple dip for as much as 20 points per dollar!

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