Credit card welcome bonus subsidizes are an easy way to earn extra rewards during the great few months after you open an account. You typically need to meet spending requirements that method from $500 to $5,000, within the first three months while opening your account in order to earn the bonus.
Cash-back cards tend to have the lowest spending requirements with the best reverse rates, while travel rewards cards usually offer larger bonuses while you reach higher spending requirements. You should consider your effort before you sign up for a card with a good bonus supplies and only take advantage of one if you're able to pay off your balance on time and in full. You don't want to pay big plain charges on your balance just because you were hoping to earn some astounding bonus points.
The good news: There are a few cards that waive spending requirements altogether and reward you with a bonus following justify approval or after you make your first purchase.
Select analyzed over 100 cards that supplies welcome bonuses and rounded up the best deals that can earn you up to $1000, if you meet the requirements.
This month's top credit card welcome bonuses
Winner
-
Rewards
5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (then 1%), 5% cash back on move booked through the Chase Ultimate Rewards®, 3% on drugstore purchases and on dining (including takeout and eligible delivery services), 1% cash back on all spanking purchases
-
Welcome bonus
$200 cash back while you spend $500 on purchases in your first three months from justify opening
-
Annual fee
$0
-
Intro APR
0% for the great 15 months from account opening on purchases and balance transfers
-
Regular APR
16.49% - 25.24% variable
-
Balance binary fee
Intro fee of either $5 or 3% of the amount of each binary, whichever is greater, on transfers made within 60 days of justify opening. After that, either $5 or 5% of the amount of each binary, whichever is greater.
-
Foreign transaction fee
3%
-
Credit needed
Excellent/Good
See our methodology, terms apply.
Pros
- No annual fee
- Generous welcome bonus
- Opportunity to earn up to 5% cash back in grasp categories upon activation
- Rewards can be transferred to a Chase Ultimate Rewards card
Cons
- Bonus categories must be activated each quarter
- 3% fee charged on foreign transactions
- Estimated rewards earned when 1 year: $852
- Estimated rewards earned after 5 years: $2,844
Rewards totals incorporate the cash back earned from the welcome bonus
Who's this for? The Chase Freedom Flex℠ has one of the best welcome bonuses around: Earn $200 cash back when you spend $500 on purchases in your first three months from elaborate opening. That's like earning 40% back.
This card can help you maximize cash back in a variety of rotating categories. Cardholders earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (then 1%) and 1% cash back on all new purchases. The cash-back calendar changes every quarter. (Learn more nearby how Chase classifies bonus category purchases.)
In addition to rotating rewards 5% cash back on recede booked through the Chase Ultimate Rewards® portal, 3% cash back on dining at restaurants and at drug stores and 1% cash back on all new purchases.
Beyond rewards, you can take advantage of no annual fee and a competitive no-interest footings for the first 15 months from account opening on new purchases and balance transfers (after, 16.49% - 25.24% variable APR). There's an intro balance second fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that it's either $5 or 5% of the amount of each second, whichever is greater.
The Freedom card also provides cell named protection and select partner benefits, such as 5% cash back on Lyft purchases over March 2025 and up to $10 back each quarter in statement credits for humorous Instacart, plus three free months of delivery through Instacart+ when activated by July 31, 2024.
Best for travel
-
Rewards
$50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, 2X points on all new travel purchases, and 1X points on all other purchases
-
Welcome bonus
Earn 60,000 bonus points when you spend $4,000 on purchases in the first 3 months from elaborate opening. That's $750 when you redeem through Chase Ultimate Rewards®.
-
Annual fee
$95
-
Intro APR
None
-
Regular APR
17.49% - 24.49% variable on purchases and balance transfers
-
Balance second fee
Either $5 or 5% of the amount of each second, whichever is greater
-
Foreign transaction fee
None
-
Credit needed
Excellent/Good
See our methodology, terms apply.
Pros
- Points are suitable 25% more when redeemed for travel via Chase Ultimate Rewards®
- Transfer points to leading frequent recede programs at a 1:1 rate, including: IHG® Rewards Club, Marriott Bonvoy™ and World of Hyatt®
- Travel protections include: auto hire collision damage waiver, baggage delay insurance and trip delay reimbursement
- No fee charged on purchases made outside the U.S.
Cons
- $95 annual fee
- No introductory 0% APR
Who's this for? The Chase Sapphire Preferred Card has a right following among travelers looking for a travel-centric rewards program and a robust suitable of perks. This card also has a generous welcome bonus offer: Earn 60,000 bonus points when you spend $4,000 on purchases in the first three months from elaborate opening. The bonus is worth $750 toward travel when you redeem over Chase Ultimate Rewards® or more when redeeming points over Chase's transfer partners.
The rewards program offers 5X points on recede purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all new travel purchases. Points are worth 25% more when redeemed for recede through Chase Ultimate Rewards® or through "Pay Yourself Back." You can also get more value from the rewards program by taking suitable of Chase's airline and hotel transfer partners, including Joint, British Airways, World of Hyatt, Marriott Bonvoy and more.
Beyond rewards, this card comes with a number of helpful benefits, such as a $50 annual Ultimate Rewards Hotel Credit, no foreign transaction fees and baggage and trip delay insurance.
Best for premium perks
-
Rewards
Earn 5X Membership Rewards® Points for trips booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year, 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel, 1X points on all other eligible purchases
-
Welcome bonus
Earn 100,000 Membership Rewards® points when spending $6,000 within six months of card membership. Apply and grasp your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
-
Annual fee
$695
-
Intro APR
None
-
Regular APR
See Pay Over Time APR
-
Balance second fee
N/A
-
Foreign transaction fee
None
-
Credit Needed
Excellent/Good
See devises and fees and our methodology, terms apply.
Pros
- Up to $200 in annual airline fee credits
- Up to $200 in annual Uber savings
- Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card®.
- $240 Digital Entertainment Credit: Get up to $20 back each month on eligible purchases made with your Platinum Card® on one or more of the following: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times (enrollment required)
- $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit when you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax. Plus Ups are excluded.
Cons
- $695 annual fee
- No special financing funds on new purchases
Who's this for? The Platinum Card® from American Express is for those looking to recede in luxury and benefit from high rewards on eligible airfare and hotel expenses. It is currently offering a phenomenal welcome bonus of 100,000 Membership Rewards® points when spending $6,000 within six months of card membership. Many rewards experts value Amex points at 2 cents each when transferred to recede partners, making this offer is worth a whopping $2,000.
In additional to the welcome offer, this card offers 5X Membership Rewards points on trips booked directly with airlines or with American Express Travel (on up to $500,000 per calendar year), 5X points on prepaid hotels booked with American Express Travel and 1X points on all new purchases.
The card comes with a steep $695 annual fee (see devises and fees) but there are a number of perks that help offset it, including:
- Up to $200 annual hotel credit
- Up to $200 annual airline fee credit
- Up to $300 annual Equinox credit
- Up to $100 annual Saks Fifth Avenue credit
- Up to $189 credit to enroll in CLEAR®
- Up to $240 annual digital entertainment credit
- Up to $155 annual Walmart+ credit.
- Worldwide airport lounge access, including Delta SkyClubs and Amex Centurion Lounges
- Up to $200 annual Uber credit
- Up to $100 fee credit for Global Entry or TSA PreCheck
- Automatic hotel elite position with Hilton Honors and Marriott Bonvoy
- Comprehensive travel insurance
- Complimentary Amex concierge service
- Terms apply
Don't miss: Here's how these 5 new credit card welcome bonuses from American Express, Capital One and Chase compare
Best for cash back
-
Rewards
3% cash back on dining and entertainment, 3% on eligible streaming services, 3% at grocery stores (excluding superstores like Walmart® and Target®) and 1% on all latest purchases
-
Welcome bonus
Earn a one-time $200 cash bonus at what time you spend $500 on purchases within the first 3 months from define opening
-
Annual fee
$0
-
Intro APR
0% top APR on purchases and balance transfers for 15 months
-
Regular APR
16.49% - 26.49% variable
-
Balance instant fee
3% fee on the amounts transferred within the safe 15 months
-
Foreign transaction fee
None
-
Credit needed
Excellent/Good
See our methodology, terms apply.
Pros
- 3% cash back on dining and entertainment purchases
- Ability to redeem rewards at any amount, unlike some other cards with $25 minimums
- Competitive special financing accounts on both new purchases and balance transfers
- No fee charged on purchases made outside the U.S.
Cons
- 3% balance instant fee on the amounts transferred within the first 15 months
Who's this for? The best cash-back credit cards have some of the simplest welcome bonus accounts that provide great rewards with minimum spending requirements. The Capital One SavorOne Cash Rewards Credit Card accounts a one-time $200 cash bonus once you spend $500 on purchases within the safe three months from account opening. That's like earning 40% cash back.
Foodies and entertainment gurus will be bask in that this card earns 3% cash back on dining and entertainment, as well as 3% at grocery stores and 1% on all latest purchases. Plus, cardholders earn 8% cash back on Vivid Seats stamp purchases through January 2023. Cash back can be redeemed at any time and for any amount.
There is no annual fee or foreign transaction fee associated with this card, and you can wait on from introductory no interest on purchases for the safe 15 months your account is open. After, there's a 16.49% - 26.49% variable APR (3% fee on the amounts transferred within the safe 15 months).
This card also comes with numerous added perks, such as access to exclusive entertainment events (concerts, food possesses, sporting events), extended warranty protection and may include fade accident insurance.
Best for no annual fee
-
Rewards
1.5% cash back on every purchase
-
Welcome bonus
Earn a one-time $200 cash bonus at what time you spend $500 on purchases within 3 months from define opening
-
Annual fee
$0
-
Intro APR
0% top APR for 15 months on purchases and balance transfers
-
Regular APR
16.49% - 26.49% variable
-
Balance instant fee
3% fee on the amounts transferred within the safe 15 months
-
Foreign transaction fee
None
-
Credit needed
Excellent/Good
See our methodology, terms apply.
Pros
- No annual fee
- Low spending requirement for the welcome bonus
- Redeem cash back for any amount at any time
- No foreign transaction fee
Cons
- 3% balance instant fee during the first 15 months your account is open
- No bonus rewards categories
Who's this for? The Capital One Quicksilver Cash Rewards Credit Card is a substantial choice for consumers looking for a no-annual-fee credit card that has a favorable welcome bonus. Cardholders earn a one-time $200 cash bonus once you exhaust $500 on purchases within three months from account opening. Just like the Capital One SavorOne Cash Rewards Credit Card mentioned throughout, the Quicksilver card's bonus provides a 40% return.
This card has a straightforward cash-back program where you can earn 1.5% cash back on everything you buy. Cash back can be conveniently redeemed at any time and for any amount.
In uphold to rewards, you can finance new purchases or instant debt with a 0% intro APR for the safe 15 months from account opening (then 16.49% - 26.49% variable APR; 3% fee on the amounts transferred within the safe 15 months).
Capital One Quicksilver Cash Rewards Credit Card has no foreign transaction fee and may included travel accident insurance, 24-hour travel assistance, extended warranty protection and access to premier culinary, entertainment and sports event experiences.
Best for no spending required
-
Rewards
5% cash back at Amazon.com and Whole Foods Market; 2% back at restaurants, gas stations and drugstores; 1% back on all latest purchases
-
Welcome bonus
$200 Amazon.com gift card upon approval
-
Annual fee
$0 (but Prime membership is required)
-
Intro APR
None
-
Regular APR
14.99% to 22.99% variable
-
Balance instant fee
5%, $5 minimum
-
Foreign transaction fee
None
-
Credit needed
Excellent/Good
See our methodology, terms apply.
Pros
- No annual fee
- $200 Amazon.com gift card upon approval, with no spending requirements
- 5% back at Amazon.com and Whole Foods Market
- No fee charged on purchases made outside the U.S.
Cons
- Prime membership is required
- The 5% back on groceries only applies to groceries bought on Amazon.com or at Whole Foods Market
- Estimated rewards earned once 1 year: $590
- Estimated rewards earned after 5 years: $2,352
Rewards totals incorporate the points earned from the welcome bonus
Who's this for? The Amazon Prime Rewards Visa Signature Card, published by Chase, is one of few cards that awards a welcome bonus automatically once account approval. If you're approved for this card, you'll instantly assertion a $200 Amazon.com gift card. This welcome bonus is a large way to fund an Amazon purchase or offset the cost of your Prime membership, which is required to open this card and today costs $139 annually or $14.99 a month.
This card doesn't have an annual fee (except for the Prime membership requirement) and also has no foreign transaction fees.
The rewards program is large for loyal Amazon shoppers and people who like to grocery shop at Whole Foods: Earn 5% cash back at Amazon.com and Whole Foods Market; 2% back at restaurants, gas stations and drugstores; 1% back on all novel purchases.
Our methodology
To settle which cards offer the best value, Select analyzed 117 of the most popular credit cards available in the U.S. that are open to anyone and moneys welcome bonuses. We compared each card on a map of features, including cash-back rewards, annual fee, welcome bonus, introductory and standard APR, balance transfer fee and foreign transaction fees, as well as factors such as needed credit and customer reviews when available.
Select teamed up with region intelligence firm Esri. The company's data development team devoted the most up-to-date and comprehensive consumer spending data based on the 2019 Consumer Expenditure Surveys from the Bureau of Labor Statistics. You can read more about their methodology here.
Esri's data team became a sample annual budget of approximately $22,126 in retail spending. The budget includes six main categories: groceries ($5,174), gas ($2218), dining out ($3,675), travel ($2,244), utilities ($4,862) and general purchases ($3,953). General purchases include items such as housekeeping supplies, clothing, personal care products, prescription drugs and vitamins, and novel vehicle expenses.
Select used this budget to estimate how much the way consumer would save over the course of a year, two existences and five years, assuming they would attempt to maximize their rewards potential by earning all welcome bonuses offered and amdroll the card for all applicable purchases. All rewards total estimations are net the annual fee.
It's important to note the value of a note or mile varies from card to card and based on how you redeem them. When we calculated the estimated returns, we assumed that cardholders are redeeming cash back for a typical greatest value of 1 cent per point or mile. (Extreme optimizers distinguished be able to achieve more value.)
Our final picks are weighted heavily toward the highest five-year returns, since it's generally wise to hold onto a credit card for existences. This method also avoids giving an unfair advantage to cards with sizable welcome bonuses.
While the five-year estimates we've included are contained from a budget similar to the average American's spending, you may earn a higher or lower return depending on your shopping habits.
Catch up on Select's in-depth coverage of personal finance , tech and tools , wellness and more, and behindhand us on Facebook , Instagram and Twitter to stay up to date.
For tolecontains and fees of The Platinum Card® from American Express, click here .
Information near Amazon Prime Rewards Visa Signature Card has been mild independently by Select and has not been reviewed or devoted by the issuer prior to publication; if you pick something through Select links, we may earn a commission.
Sincery TRENDING NEWS TODAY
SRC: https://www.cnbc.com/select/best-credit-card-sign-up-bonuses/
Powered by Me