Chase Ink Plus Review

This is the single best business credit card for saving on a Disney vacation. Don’t be scared off too quickly by hearing it’s a business card. If you sell on eBay or Etsy, sell essential oils, have a rental house, run a website like this one, or have another kind of small side business, you’re likely to qualify as a business and be eligible for this card.

Why do we think it’s the best business card for a Disney vacation? It’s part of the Chase Ultimate Rewards family, and as a premier card, you have the ability to earn and transfer points to Hyatt, Southwest, and nine other travel partners. We especially love Hyatt and Southwest for Disney travel because their points have strong value so you can get a lot for them, and there are so many options to use them at both Disney World and Disneyland.

The Chase Ink Plus has a $95 annual fee, which is not currently waived the first year.

Sign Up Bonus (Grade: A+)

The card offers 60,000 Chase Ultimate Rewards when you spend $5,000 in the first three months on the card. Requiring $5k in spending in the first three months is on the high end of what’s typical for a card, and the annual fee is $95 right out of the gate, but 60,000 points is worth about $1,200 when transferred to Hyatt (worth about 2 cents per point). The bonus is worth about $960 when transferred to Southwest Airlines (worth about 1.6 cents per point). This could very easily cover more than a third of the cost of your Disney vacation right out of the gate.

Sign Up Bonus 60,000 Chase Ultimate Rewards
Value Per Point 2 cents
Value of Sign Up Bonus $1,200

Daily Spending (Grade: A-)

The Chase Ink Plus offers five points per dollar spent at office supply stores and on cellular phone, landline, internet and cable TV services. It also offers two points per dollar at gas stations and hotels when you book directly with the hotel, and one point on everything else. Since these points are worth as much two cents each when redeemed with Hyatt, the bonus categories can help you earn a lot of value. Office supply stores like Staples, for instance, sell gift cards to all kinds of restaurants and grocery stores. You could purchase gift cards at Staples, earning five points per dollar spent, and effectively get 10% back on your next stay at Hyatt on a Disney vacation. Check out our Top 10 for some of our favorites.

Category Points per Dollar Spent
Office Supply Stores, Cell Phone, Landline, Internet and Cable TV 5x
Gas Stations and Directly with Hotels 2x
All Other Spending 1x

Perks (Grade: B-)

No Foreign Transaction Fee – The times you do travel internationally, you’re likely to spend $1k-$2k on hotel costs, food, activities, etc. Saving the 3% some credit cards charge for foreign transaction fees, would save you $30-$60.

Insurance/Warranty Protections – This card comes with far more consumer protections than the average card. It has travel interruption/cancellation insurance, purchase protection on items purchased that are damaged or stolen in first 120 days after purchase, extended warranties on many items, and return protection if a store won’t take an item back. These could really save you if you take advantage of them, but we don’t give this a strong grade simply because most people won’t remember or make the effort.

Redeeming Points (Grade: A-)

Just the same as the Chase Sapphire Preferred, the Chase Ink Plus gives you lots of redemption options. Here are the primary ways you can redeem points:

Cash – You can redeem your points for cash at one cent per point. This is the least valuable way to redeem points, but if you’re in a pinch and need a bit of cash it’s nice to know you have this option.

Travel – When you book travel through Chase using points (the same place you earn extra points when you’re paying cash), you get a redemption rate of 1.25 cents per point. Again, this isn’t the most lucrative way to redeem points, but it can be a nice option for Disney vacation packages which includes your park tickets. One other redeeming quality for this option is that you can still earn airline miles even when you’re using your Chase Ultimate Rewards to book the flight.

Transfer – The most lucrative option is transferring Chase Ultimate Rewards to one or more of their 11 travel partners. The best for Disney travel are generally Hyatt and Southwest, although United and British Airways can be good options as well. Hyatt is probably the most valuable transfer partner at an average value of two cents per point, but having many great options helps you maximize the value because it allows you to choose between several great options.

Overall Grade: A-

The sign up bonus is hard to pass up. The opportunity to earn five points per dollar on your cell phone, cable, landline, and internet bills is huge. Many families spend several hundred dollars a month in the those categories. Add the opportunity to get five points per dollar at office supply stores where you can buy gift cards to grocery stores and restaurants, means you can earn tons and tons of points with the Chase Ink Plus. This is a card we have in our wallet and have earned and used tons of points for our Disney vacations.

Chase Ink Plus

Apply Now

  • What kind of points: Hotels, Airlines, General Travel, and Cash
  • Sign Up Bonus: 60,000 points after spending $5,000 in the first three months
  • Annual Fee: $95
  • How to Earn Points: 5x at office supply stores, cell phone, landline, internet, and cable; 2x at gas stations and directly through hotels; 1x on everything else
  • Value of a Point: 2.0 cents
  • How to Spend Points: Redeem for cash, spend through Chase travel center, transfer to airlines or hotels
  • Our favorite Use: Stays at Hyatt Regency Grand Cypress