Today I moved all of the Ultimate Rewards points from my Chase Sapphire Preferred account into my Ink Bold Ultimate Rewards account. All you need to do is call customer service and the transfer happens instantly. Next I moved all of the credit from Chase Sapphire Preferred account into three of my other Chase credit card accounts. Then I closed my Chase Sapphire Preferred account to avoid the $95 annual fee.

I signed into my Chase Ink Bold account and went to Ultimate Rewards. Using my Ink Bold MasterCard I ordered a few gift cards from Staples hoping that I will earn 10x the amount of my order since Staples is having a special this month. There are no fees for the gift cards and shipping is free. One of the gift cards is for Southwest Airlines. I need to spend $50 next month to keep an old round trip award from expiring, so it will be nice to earn 500 Ultimate Rewards points for paying the Southwest fee. Then I made a purchase from Lancome earning 12 times the amount of my order from Ultimate Rewards. Also today I used my Ink Bold to pay my telephone bill earning 5 times my bill in Ultimate Rewards points. Here is the link for the Ink Bold Business MasterCard.

We purchased 3 VISA gift cards, each one for $500 with the $4.95 fee and four $45 Virgin Mobile Top-Up cards from our local Office Depot using our Ink Bold cards earning 5 times our purchase in Ultimate Rewards points. Our local Office Depot does not charge any taxes or fee when purchasing Virgin Mobile Top-Up cards.

For $100 each my husband and I both expect to earn 100,000 Ultimate Rewards points from each of our new Ink Bold MasterCards. Is that enough? Not for me I am now thinking about how we each of us will earn another 100,00 Ultimate Rewards points from the new Ink Plus. Here is the link for the new Ink Plus Business Card.

Ultimate Rewards is keeping me very busy and very happy thinking about all of the ways we will use 400,000 more Ultimate Rewards points.