Is the Chase Ink Bonus $750 or 75,000 Points?
If you've clicked through to apply for an Ink Business Cash or Ink Business Unlimited card, you've probably noticed something that looks like a contradiction.
Chase's page says "Earn $750 bonus cash back."
But I've been calling it a 75,000 point welcome bonus.
So which one is it?
Both. They're the same thing, just shown two different ways.
Here's the breakdown.
What's Actually Happening
When you hit the spending requirement on the Ink card, Chase deposits 75,000 Chase points into your account. That's the welcome bonus, full stop. It's points, not cash.
Chase displays that bonus to you in the form of cash back because they've made the redemption math easy: 75,000 points can be redeemed for $750 in statement credit (or check, or direct deposit) at 1 cent per point. So instead of saying "Earn 75,000 points," they say "Earn $750 bonus cash back" because the dollar number is more familiar to small business owners shopping for credit cards.
It's a marketing choice. Not a different offer.
So Why Do I Talk About It as Points?
Because the 75,000 points can be worth significantly more than $750 if you redeem them for travel instead of cashing them out.
Here's how the same 75,000 points can play out depending on what you do with them:
Cash out at 1 cent per point → $750. Same as Chase's headline.
Transfer to airline partners & redeem strategically → often 2 cents per point or more. That's $1,500 or more in travel value.
The 75K points stay 75K points. What changes is how much travel they can buy.
Why "Keep It as Points" Is Almost Always the Move
If you cash out the 75K points immediately, you're effectively choosing to take $750 over potential travel value of two or three times that much. The cash answer might be the right one for someone whose situation requires the cash flow - no shame in it - but for most people running my Ohana Program, the points side wins.
The Short Version
The Ink Business Cash & Unlimited welcome bonuses are 75,000 Chase points.
Chase displays it as "$750 cash back" because 75,000 points = $750 at the basic redemption rate.
You can take the cash, but the points can usually be worth substantially more when used for travel through transfer partners.
So when you see "$750" on Chase's page & "75,000 points" in my notes, you can relax. Same offer, different framing.
Related Questions
Important Disclosures
Educational guidance only - not financial, credit, or tax advice. Individual results vary based on card approval, spending habits, redemption choices, & timing. Approval for any credit card is subject to issuer criteria.
Hawaii Reward Travel may receive compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This is how this free program is funded. Compensation does not influence guidance. Opinions are the author's alone & have not been reviewed, endorsed, or approved by any bank, card issuer, or other entity.
