What are the best cash back credit cards with a sign-up bonus? This question is about Best Cash Back Credit Cards

What are the best cash back credit cards with a sign-up bonus?

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This question is about Best Cash Back Credit Cards

Chip Lupo, Credit Card Writer

@CLoop • 02/03/22 This answer was first published on 02/03/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The best cash back credit card with a sign-up bonus is the Wells Fargo Active Cash® Card because it offers a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months of opening an account. It also offers 2% cash rewards on all purchases. The Wells Fargo Active Cash card’s annual fee is $0.

Best Cash Back Sign-Up Bonus Credit Cards

For more options, check out our editors’ picks for the best cash back cards and the best credit card sign-up bonuses overall.

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What are the best free credit cards with money as a bonus for signing up?

One of the best free credit cards with money as a bonus for signing up is the Wells Fargo Active Cash® Card. This card offers a sign-up bonus of $200 cash rewards after spending $1,000 in the first 3 months. Plus, cardholders get 2% cash rewards on purchases. The card has a $0 annual fee.

Some of the Best Free Credit Cards with Money as a Bonus… read full answer

Rates & FeesOverall: Wells Fargo Active Cash® CardWells Fargo Active Cash® CardLearn MoreLearn Moreon issuer's website
Cash Back: Bank of America® Customized Cash Rewards credit cardBank of America® Customized Cash Rewards credit cardLearn MoreLearn Moreon issuer's website
High Rewards Rate: Capital One SavorOne Cash Rewards Credit CardCapital One SavorOne Cash Rewards Credit CardLearn MoreLearn More
Rates & FeesIntro APR: U.S. Bank Cash+® Visa Signature® CardU.S. Bank Cash+® Visa Signature® CardLearn MoreLearn Moreon issuer's website

You can also check out our editors’ latest picks for the best free credit cards on the market to weigh your options.

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What is a cash bonus on a credit card?

A cash bonus on a credit card is cash back offered for new cardholders who spend a certain amount in the first few months of opening their account. Most of the time, these bonuses can be redeemed in the form of statement credit or a check.

Some of the best credit cards offering a cash bonus upon account opening are:… read full answer

Capital One Savor Cash Rewards Credit Card: $300 for spending $3,000 in the first 3 months

Wells Fargo Active Cash® Card: $200 cash rewards after spending $1,000 in the first 3 months

Blue Cash Preferred® Card from American Express: $250 statement credit for spending $3,000 in the first 6 months

Chase Freedom Flex℠: $200 for spending $500 in the first 3 months

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Which credit card is best for rewards points?

One of the best credit card for points is Chase Sapphire Reserve® because it gives 1 - 10 points per $1 spent, plus an initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months. Chase Sapphire Reserve points are worth 1.5 cents each when redeemed for Travel through Chase Ultimate Rewards Reserved.

By comparison, the average credit card point has a redemption value of around 1 cent. Just bear in mind that Chase Sapphire Reserve comes with a steep price tag, with an annual fee of $550.… read full answer

Best Credit Cards for Rewards Points

Travel Benefits: Chase Sapphire Reserve®

Initial Bonus: Chase Sapphire Preferred® Card

Gas & Groceries: Citi Rewards+® Card

Travel Rewards: U.S. Bank Altitude Reserve Visa Infinite® Card

When shopping around for a points credit card, it’s important to keep in mind that points – along with miles – can undergo devaluation, meaning they can change in value at any time. Credit card companies reserve the right to change rewards programs at their leisure, or to cancel them altogether. There are also lots of rules governing each credit card’s rewards system, so make sure you’re aware of those rules before you sign up for a card.

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