Ink(SM) Bold with Ultimate Rewards(SM) now comes with 50,000 bonus points. These points are worth up to $625. Of course, to earn this bonus, customers must hit a spending mark, which is $5,000 within the first 3 months.

In addition to the 50,000 bonus points, customers will be able to earn up to 47,500 more bonus points each year. The following is a list of spending marks and the bonus that is offered at each level annually:

• $25,000 – 7,500 points
• Another $25,000 in spending – 15,000 more points
• Another $50,000 in spending – 25,000 more points

So, if you spend $100,000 in the first year, you will earn 97,500 bonus points. That’s a value of $975 if spent on standard items. Those points will be worth $1,218.75 if they are spent on travel through Ultimate Rewards.

Most purchases earn 1 point per dollar spent. Purchases through the Ultimate Rewards Mall qualify for up to 10 points per dollar spent. Points never expire with this card.

This is a charge card, so you won’t have to deal with APRs. There is no annual fee in the first year and it is $95 thereafter. There is a 3 percent foreign transaction fee, a late payment fee of up to $39 and a returned payment fee of $39.

Your points can be redeemed for travel, gift cards and other purchases. Additionally, they can be transferred to other rewards programs at a 1 to 1 ratio, including those of:

• Amtrak
• British Airways
• Continental Airlines
• Korean Air
• Hyatt
• Marriott
• Priority Club

In addition to the mentioned benefits of this card, there are several others that will make this card a worthwhile offer if you are in the market for such a card. If you use the mentioned airlines, hotels and/or other partners of Chase, then you’ll gain plenty of value from all those bonus points that this card offers. Additionally, the fees are low for a card that offers this much, so this is a good bet for most people. Go with this card if you travel frequently and want to accumulate a lot of points.

Apply For Ink(SM) Bold with Ultimate Rewards(SM)