Credit Card signup bonuses offer significant benefits. Many cards offer bonus miles or points worth $400 or more in statement credit. Other cards simply offer bonus cash or free airline tickets.
A reader named Ben wrote to me recently asking about these bonuses:
I’ve been curious about credit card sign on bonuses for a long time. I know you’ve done podcasts about cards that currently have great rewards, but I’d like to “learn to fish”. Would you do a podcast that focuses on how to do the research yourself to find the cards that are currently offering great deals (example: get 70,000 points after you spend $1,000).
Ben’s question is a good one. It can be difficult to find some of these deals. They also change frequently. In response to Ben’s question, I’ve listed below some of the more popular bonus offers currently available. Keep in mind that the terms of these deals can and do change frequently.
I’ve also recorded a podcast that walks through how to find these deals and strategies to help you get the most out of the signup bonuses.
Most Offer Other Benefits
Virtually every card on this list offers significant benefits beyond bonus points or miles. Travel rewards in particular can be generous, depending on your typical spending patterns. Many of the cards also offer a zero interest transfer deal that can run anywhere from 12 to 18 months.
Some “Gotcha” Provisions to Watch Out For
In researching the cards on this list, I was able to identify at least three recurring provisions that you need to be aware of:
- Almost all require you to spend money in order to get the bonus – This can vary from a few hundred to a few thousand dollars, depending on the card. It may not matter much, since you will likely use your card for general spending anyway. But the more generous bonuses generally come from the cards that have higher spending requirements. You’ll have to be careful that you aren’t persuaded by the spending requirements to buy items that you wouldn’t normally buy in order to meet the restriction. This can be a problem if you don’t normally shop with a credit card.
- APRs are high – The zero interest rate period is certainly attractive, but it will come to an end eventually. When it does, there are interest rates ranging from the low teens to the low 20s awaiting you.
- The offers are credit sensitive – Once again, if you read the fine print, you will see that the bonus offers will depend on your creditworthiness. If your credit falls below certain criteria, you may not get the bonus offer being promoted – or any of the other perks.
With those benefits and provisions fresh on your mind, here’s the list:
|Credit Card||Bonus||Annual Fee||Bonus Requirements|
|Barclaycard Arrival Plus World Elite MasterCard||40,000 miles||Zero in the first year, then $89/year||When you spend $3,000 on purchases in the first 90 days - enough to redeem for a $400 travel statement credit|
|Marriott Rewards Premier Credit Card||50,000 points||Zero in the first year, then $85/year||Receive 50,000 bonus points after spending $1,000 in your first 3 months from account opening|
|Capital One Venture Rewards Credit Card||40,000 miles||Zero the first year, then $59/year||One-time bonus of 40,000 miles once you spend $3,000 on purchases within the first 3 months|
|Citi AAdvantage Platinum Select MasterCard||50,000 miles||Zero in the first year, then $95/year||Earn 50,000 American Airlines AAdvantage bonus miles and two Admirals Club Passes after making $2,000 in purchases within the first 3 months|
|Citi Thank Your Premier Card||50,000 points||Zero in the first year, then $125 /year||Earn 20,000 points after $2,000 in purchases within the first 3 months of account opening, earn 30,000 points after another $3,000 in purchases within the first 3 months of your second year of being a cardmember|
|Southwest Airlines Rapid Rewards Premier Credit Card||50,000 points||$99 per year||Get 50,000 points after spending $2,000 on purchases in the first 3 months|
|The US Airways Premier World MasterCard||50,000 miles||$89 per year||Earn 50,000 bonus miles after your first purchase and payment of the $89 annual fee|
|Citi Hilton HHonors Visa Signature Card||40,000 points||No annual fee||Earn 40,000 Hilton HHonors Bonus Points after spending $1,000 within 4 months of account opening|
|Starwood Preferred Guest Credit Card||25,000 points||Zero in the first year, then $65/year||Earn up to 25,000 bonus points - 10,000 after your first purchase, then 15,000 after you spend $5,000 within the first six months|
|Chase Sapphire Preferred Card||40,000 points||Zero in the first year, then $95/year||Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate Rewards|
|The Platinum Card from American Express||40,000 points||$450/year||Earn 40,000 points after you spend $3,000 on purchases in your first 3 months; Up to a $200 Airline Fee Credit Annually
|Miles & More Premier World MasterCard||20,000 miles||$79 per year||Earn 20,000 award miles after first purchase and payment of the annual fee|
|US Bank LANPASS Visa Card||20,000||Zero the first year, then $45/year||Receive 20,000 First Use bonus miles when the first purchase is made|
|Blue Cash Preferred Card from American Express||$100 statement credit + one year of amazon prime for new members||$75 per year||Make $1,000 in purchases with your new Card in the first three months|
|British Airways Visa Signature Card||50,000 Avios||Zero in the first year, then $95/year||50,000 bonus Avios after you make $2,000 in purchases within the first 3 months|
|US Bank AeroMexico Visa||15,000 miles||Zero the first year, then $45/year||Receive 15,000 bonus miles with your first card use.|
|Blue Sky from American Express||7,500 points||No annual fee||7,500 Blue Sky points when you spend $1,000 within the first three months|
|BankAmericard Cash Rewards Credit Card||$100||No annual fee||Bonus applies after you spend $500 within three months account opening|
|Chase Freedom||$100||No annual fee||When you spend $500 within 3 months of account opening, + earn an additional $25 (2,500 Chase UR points) when you add an authorized user and they make their first purchase|
|Disney Premier Visa Card>||$100 statement credit||$49 per year||Must spend $500 within three months|