A recent email has set off alarm bells for Chase Ink Plus cardholders: the beloved 5x points earning at office supply stores may be on the chopping block. While details remain unclear, the news could signal a significant devaluation—or just a communications blunder.
Our Take
Bad news for points maximizers. If true, this is a major blow for anyone who relied on the Chase Ink Plus for 5x Ultimate Rewards at office supply stores—a benefit that made the card a legend in the rewards world. Until Chase clarifies, cardholders should brace for the worst and plan accordingly.
What Changed
- An email reportedly suggests the 5x points category at office supply stores may be removed from the Chase Ink Plus card.
- No official confirmation or effective date from Chase yet.
- The change could be a devaluation or a simple error in communication.
Who Benefits Most
- Cardholders who rarely use office supply stores: If you don't maximize the 5x category, this change may have little impact.
- Those with alternative 5x earning cards: If you hold other cards with strong bonus categories, your rewards strategy may remain intact.
- New Ink cardholders: The Ink Plus is no longer open to new applicants, so only legacy cardholders are affected.
Who Should Be Cautious
- Heavy office supply store spenders: If you spend $10,000/year at office supply stores, you could lose out on 50,000 Ultimate Rewards points—worth ~$1,025 by our valuation.
- Gift card resellers and manufactured spenders: Many relied on this 5x category for outsized points earning; this change could upend your strategy.
- Small business owners who buy supplies in bulk: Losing 5x means missing out on significant rewards for routine expenses.
What To Do Right Now
- Monitor your email and Chase account for official updates or clarification.
- Review your recent office supply store purchases to see if 5x points are still posting.
- Consider shifting spend to other cards with strong bonus categories if you rely on this benefit.
- Hold off on large office supply purchases until the situation is clarified.
- Stay tuned to trusted sources like Miles to Memories for breaking updates.
