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CardCash Chase Ink 5X Dead
The Chase Ink Plus and Chase Ink Cash cards are very popular and lucrative because they earn 5X Ultimate Rewards points on purchases at office supply stores and on cellular phone, landline, internet
and cable TV services each account anniversary year. Sometimes merchants that you normally wouldn’t expect to code as 5X do.
One of those merchants has been gift card reseller CardCash. This meant that you could buy discounted gift cards for a variety of merchants and earn 5X at the same time as well. It really was a sweet deal and apparently it is now dead.
Multiple Data Points
One of the members of the Miles to Memories Facebook group noticed that purchases after 6/14 aren’t earning 5X. Here is a screenshot that was posted in the group for a 6/14 purchase.
And here is what purchases after 6/14 look like:
While I didn’t have any purchases on 6/14 or right before, I did make a purchase from CardCash on 6/16. After seeing this I logged into my account to find:
Unfortunately the news is bad. It does appear that my purchase on June 16 also coded as only 1X. Just to make sure, I also asked PDX Deals Guy to take a look at his account and the news was the same:
It appears that beginning on June 15, 2016 CardCash stopped coding as 5X with the Chase Ink cards. Maybe this is just a fluke, but they most likely changed the way they are categorized with Visa. This is the end of a very lucrative opportunity and a sad day indeed. To learn about breaking news (both good and bad) before anyone else, join over 700 others in the Miles to Memories Facebook group.
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.