When it comes to best credit cards with signup bonus, there are many different options available. One thing that many people look for in a credit card is a signup bonus. Signup bonuses are rewards that are given to new cardholders who meet certain spending requirements. These bonuses can range from cashback to travel rewards, and they can be a great way to get extra value out of your credit card. In this article, we’ll take a look at some of the best credit cards with signup bonuses.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is one of the most popular travel credit cards on the market. It offers a signup bonus of 100,000 points after you spend $4,000 in the first 3 months. These points can be redeemed for $1,250 in travel through the Chase Ultimate Rewards program. The card also earns 2x points on travel and dining purchases, and 1x point on all other purchases. The annual fee for the card is $95.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is another popular travel credit card. It offers a signup bonus of 100,000 miles after you spend $20,000 on purchases in the first 12 months, or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months. These miles can be redeemed for travel purchases at a rate of 1 cent per mile. The card also earns 2x miles on all purchases, and has no foreign transaction fees. The annual fee for the card is $95.
American Express Gold Card
The American Express Gold Card is a popular rewards credit card. It offers a signup bonus of 60,000 Membership Rewards points after you spend $4,000 in the first 6 months. These points can be redeemed for travel, gift cards, merchandise, and more. The card also earns 4x points at restaurants worldwide, 4x points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1x), 3x points on flights booked directly with airlines or on amextravel.com, and 1x points on all other purchases. The annual fee for the card is $250.
Citi Premier Card
The Citi Premier Card is a great credit card for earning ThankYou points, which can be redeemed for travel, gift cards, merchandise, and more. It offers a signup bonus of 80,000 ThankYou points after you spend $4,000 in the first 3 months. The card also earns 3x points on travel including gas stations, 2x points on dining out and entertainment, and 1x points on all other purchases. The annual fee for the card is $95.
Marriott Bonvoy Boundless Credit Card
The Marriott Bonvoy Boundless Credit Card is a hotel credit card that offers a signup bonus of 3 Free Nights after you spend $3,000 on purchases in the first 3 months from account opening, plus 10x total points per $1 spent on up to $2,500 in combined purchases at gas stations, restaurants, and grocery stores within 6 months from account opening. You’ll earn 6X Bonvoy points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy™ and 2X Bonvoy points per $1 spent on all other purchases. The annual fee for the card is $95.
Bank of America Cash Rewards Credit Card
The Bank of America Cash Rewards Credit Card is a great credit card for earning cashback. It offers a signup bonus of $200 after you spend $1,000 in the first 90 days. The card also earns 3% cashback in a category of your choice, such as gas, online shopping, dining, travel, drug stores, or home improvement/furnishings, and 2% cashback at grocery stores and wholesale clubs. All other purchases earn 1% cashback. There is no annual fee for this card.
Discover it Cash Back
The Discover it Cash Back card is another great option for earning cashback. It offers a unique signup bonus where Discover will match all the cashback you earn in your first year, effectively doubling your rewards. The card also earns 5% cashback in rotating categories each quarter, up to a quarterly maximum of $1,500 in purchases, and 1% cashback on all other purchases. There is no annual fee for this card.
Chase Freedom Flex
The Chase Freedom Flex card is a cashback credit card that offers a signup bonus of $200 after you spend $500 in the first 3 months. The card also earns 5% cashback on up to $1,500 in combined purchases in rotating bonus categories each quarter, 5% cashback on travel purchased through Chase Ultimate Rewards, 3% cashback on dining and drugstore purchases, and 1% cashback on all other purchases. There is no annual fee for this card.
Southwest Rapid Rewards Priority Credit Card
The Southwest Rapid Rewards Priority Credit Card is a great credit card for earning airline miles. It offers a signup bonus of 40,000 points after you spend $1,000 in the first 3 months. The card also earns 2x points on Southwest purchases and Rapid Rewards hotel and car rental partner purchases, and 1x points on all other purchases. The card also comes with other perks such as an annual $75 Southwest travel credit, 4 Upgraded Boardings per year when available, and 7,500 anniversary points every year. The annual fee for the card is $149.
Table showing the best credit cards with signup bonuses & ranking
| Rank | Credit Card | Signup Bonus | Annual Fee | Pros | Cons |
|---|---|---|---|---|---|
| 1 | Chase Sapphire Preferred | 100,000 points | $95 | Flexible redemption options, generous bonus, travel perks | High spending requirement to earn bonus |
| 2 | Capital One Venture Rewards | 100,000 miles | $95 | Easy to use rewards, travel benefits | Limited bonus categories |
| 3 | Citi Double Cash | $200 cash back | $0 | No annual fee, 2% cash back on all purchases | No bonus categories |
| 4 | Discover it Cash Back | Cash back match on all rewards earned in first year | $0 | No annual fee, rotating bonus categories | Limited acceptance outside of US |
| 5 | Chase Freedom Flex | $200 cash back | $0 | No annual fee, rotating bonus categories | Limited redemption options |
| 6 | Southwest Rapid Rewards Priority Credit Card | 40,000 points + $75 statement credit | $149 | Airline-specific perks, bonus points on Southwest purchases | Limited redemption options outside of Southwest |
Conclusion
There are many great credit cards out there with signup bonuses. The key is to find one that fits your spending habits and rewards preferences. Whether you’re looking for cashback, travel rewards, or hotel points, there is a card out there that can meet your needs.
FAQs
Q: Are signup bonuses worth it?
A: Yes, signup bonuses can be a great way to get extra value out of your credit card. Just make sure to read the terms and conditions carefully to make sure you can meet the spending requirements.
Q: Can I apply for multiple credit cards to earn multiple signup bonuses?
A: Yes, you can apply for multiple credit cards, but be aware that doing so can impact your credit score.
Q: How can I make sure I meet the spending requirements for a signup bonus?
A: One way is to plan ahead and use your credit card for all your everyday purchases. Just make sure to pay off your balance in full each month to avoid interest charges.
Q: Can I use my signup bonus for anything I want?
A: It depends on the card. Some cards allow you to redeem your points or miles for a variety of rewards, while others are more limited in their redemption options.
Q: Do credit cards with signup bonuses have higher annual fees?
A: Some do, but not all. Be sure to weigh the benefits of the signup bonus against the annual fee before applying for a card.
