We’ve got some exciting news for you. The Chase Ink Business Unlimited Credit Card and the Chase Ink Business Cash Credit Card have an increased bonus offer of $750 cash back after $7,500 spend in the first 3 months.

If you head over to our list of the best credit cards you may see these advertised as $750 bonus cash, but don’t worry I’m going to show you how your bonus cash can easily become Chase Ultimate Rewards. Additionally, we’re going to take a look at a few ways to use Chase Ultimate Rewards.

Bonus Overview

Both the Chase Ink Unlimited and Chase Ink Cash have a new bonus of $750 cash back after spending $7,500 in 3 months. The spend requirement is a little higher than usual, but if you can meet it this is a great opportunity to earn some more Chase Ultimate Rewards.

Keep in mind, both of these cards are subject to the Chase 5/24 rule. If you’ve opened more than 5 cards in the past 24 months you won’t be able to receive the bonus on either of these cards. Additionally, you won’t be eligible a new card bonus if you’ve received a new bonus in the past 24 months.

If you’re eligible this is a good opportunity to earn some extra points. Keep in mind, you can get both cards if you can meet the minimum spend. Chase will typically let you apply for 2 cards every month, so if you haven’t opened any new Chase cards for awhile this is an easy way to stock up on 150,000 Ultimate Rewards.

How to Convert Cash Back to Chase Ultimate Rewards

Although the bonus is advertised as cash back, you can easily convert cash back bonuses into Chase Ultimate Rewards. The bonuses are awarded as Ultimate Rewards already, but you’re limited on how you can redeem them.

Rather than redeem them for cash back, you can simply combine the bonuses onto another Chase card that does allow you to use transfer partners.

If you already have a Chase Sapphire Preferred CardChase Sapphire Reserve, or an Ink Business Preferred Credit Card you can move the points from your new Chase Ink Unlimited or Chase Ink Cash to any of these cards and then be able to transfer them to travel partners.

Great Ways to Use Chase Ultimate Rewards

When deciding if a new card bonus is right for you, it is important to know how to use them. We’ve got a few great ways to use these bonuses. If you’re a frequent economy traveler, there’s some awesome ways to use Chase Ultimate Rewards for economy flights.

If you want to see some other ways that the 10x team loves to use Ultimate Rewards welcome bonuses, you can see how we would use 100,000 Chase Ultimate Rewards or how we would use the 60,000 point bonus from the Chase Sapphire Preferred.

One of my favorite uses of Chase Ultimate Rewards is to book hotel nights at Hyatt Hotels. Award nights start at just 5,000 points and go up to 40,000 points. Some unique properties cost a bit more, but the vast majority of hotels will fall in this range.

Offer Match

If you have recently received this card at its previous offer of $500 cash back you might be able to request an offer match to the $750 after $7,500 spend offer if you like. We have seen a handful of reports in the Insider’s Facebook Group of Chase allowing this.

Simply send a secure message via your Chase account to make the request.

Final Thoughts

It comes as no surprise that Chase Ultimate Rewards are a favorite rewards currency of many points and miles enthusiasts, and for good reason. Whether you’re looking to book flights or hotels, Chase Ultimate Rewards have you covered.

With the elevated bonuses on the Chase Ink Unlimited and Chase Ink Cash cards, you can earn over 75,000 Chase Ultimate Rewards. Simply combine the points you earn as “cash back” to a card that has access to travel partners and you’ll be well on your way to your next trip!