The best $500 credit card bonus offer is the Capital One Venture Rewards card, which gives 50,000 miles, worth $500 in travel, for spending $3,000 in the first 3 months. Plus, you can double that amount by spending $20,000 in the first 12 months. After that, the card keeps the rewards flying with 2 miles per $1 on all purchases. There’s an annual fee of $95.
Chase Sapphire Preferred is another card worth considering for a $500+ credit card bonus. It offers 80,000 points for spending $4,000 in the first 3 months. That’s worth $1,000 when used toward travel or $800 in cash. Preferred charges an annual fee of $95.
There’s also Chase Sapphire Reserve, which charges a $550 annual fee. Its initial bonus is 50,000 points for spending $4,000 in the first 3 months. But it’s worth $750 toward travel or $600 toward cash. And the card also gives a $300 annual travel credit and a Priority Pass Select lounge membership.