Last month I posted a rumor that said the sign-up offer for the Ink Plus was going to improve (see “Ink Plus better offer is on its way“). As of last night, the rumor seems to have been proven correct. On Chase’s Ink signup page, you’ll see that they now offer 50K points after $5K spend instead of $10K spend as with the previous offer. This is true for both the Ink Plus and the Ink Bold. The Ink Classic and Ink Cash spend requirements also dropped (from $5K to $3K), but so did the point bonus (from 25K to 20K).
I expect that these new offers will be available for a while. Maybe a month, or maybe until the end of the year. Really, this is just my best guess based on what little I know (which is really pretty little).
As of right now, the new offers are only available directly through Chase. Affiliate links available to bloggers (like me) still show the old offers (which could be advantageous for those who want the 25K signup offers for the Ink Cash or Ink Classic). I expect that blogger links will get updated sometime next week. While, for many people, that’s not a good reason to wait before applying, there is a reason you might want to wait a day or two, at least. Several people in the comments of this Million Mile Secrets post are reporting that they go through the entire application process only to be told in the end that the offer is no longer available. It sounds like Chase has some technical issues to clear up.
For those who signed up for the Ink Bold or Ink Plus recently and want the better offer, I’d suggest calling Chase and referring to the new public offer (which can be found here). Ask them if you can be matched to that offer. It seems to be hit or miss whether Chase is allowing the bump to the new offer.