Chase Ink Referral Bonus Will Drop to 20K (from 40K) in September

Chase Ink Referral Bonus Will Drop to 20K

It has been more than a year since Chase increased referral bonuses on its popular Ink Business cards to 40,000 Ultimate Rewards points. That’s double the usual referral bonus of 20,000 points and a great added bonus for those in two-player mode. 

But the party is about to end in a few months. The Chase Refer-a-Friend page now shows an end date of 9/3/2024 for the 40K referrals. 

“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.”

Currently you get 40,000 bonus points for each business, up to 5. Which means that you can earn up to 200,000 points per year. 

The good thing is that you have three months to take advantage of the 40,000 referral bonus. That will hopefully give your friends and family members enough time to become eligible for another Ink business credit card.