What credit cards give you money for signing up?

The best credit card for free reward money is the Capital One SavorOne Cash Rewards Credit Card because it offers an initial bonus of $200 for spending $500 in the first 3 months. Plus, you can earn 1 - 5% cash back on purchases.

Generally, the best credit cards for free reward money give a good initial bonus, above-average ongoing rewards or both. Rewards and initial bonuses are basically free money if you can get them without spending more than you normally would – and without paying interest.... read full answer

Here are the best credit cards for free reward money:

Initial Bonus: $200 for spending $500 in the first 3 months

Ongoing Rewards: 5% cash back on hotels and rental cars booked through Capital One Travel, 3% cash back on dining, entertainment, popular streaming services and grocery store purchases, along with 1% back on all other purchases (except for 8% back on Capital One Entertainment purchases and 10% back on purchases made through Uber & Uber Eats)

Annual Fee: $0 annual fee

Min. Credit Required: Good credit

Initial Bonus: $250 bonus after you spend $2,000 within 120 days

Ongoing Rewards: 6% cash back on two retailers you choose (up to $1,500 in quarterly combined purchases), 3% back on one everyday category of your choice (up to $1,500 per quarter), 5.5% back on prepaid hotel and car reservations booked in the Rewards Center, as well as 1.5% back on all other purchases

Annual Fee: $0 intro 1st year, $95 after annual fee

Min. Credit Required: Excellent credit

Initial Bonus: $200 cash rewards after spending $1,000 in the first 3 months

Ongoing Rewards: 2% cash rewards on all purchases

Annual Fee: $0 annual fee

Min. Credit Required: Good credit

Initial Bonus: $200 cash back for spending $1,000 in the first 120 days

Ongoing Rewards: 5% cash back on two categories of your choice (up to $2,000 each quarter), 5% back on prepaid air, hotel and car reservations booked in the Rewards Center, 2% on your choice of one everyday category (like gas stations, grocery stores or restaurants) and 1% on all other purchases

Annual Fee: $0 annual fee

Min. Credit Required: Good credit

Initial Bonus: $200 for spending $1,500 in the first 6 months

Ongoing Rewards: 5% cash back in your top eligible spend category each billing cycle (up to $500 spent, 1% back thereafter), as well as 1% back on all other purchases

Annual Fee: $0 annual fee

Min. Credit Required: Good credit

Overall, those looking for a big chunk of change should probably go with the biggest initial bonus, as long as you can hit the spending requirement. In that department, the U.S. Bank Shopper Cash Rewards Visa Signature® Card provide the largest payoff.

The best $200 cash back credit card is the Chase Freedom Flex℠ Card. All you have to spend is $500 in the first 3 months to qualify. In addition, the Chase Freedom Flex offers 1 - 5% cash back on purchases. And it has a $0 annual fee.

Here are some of the best $200 cash back credit cards: ... read full answer

These cards are a good way to get a hefty rebate on your purchases at the start, especially as they also have no annual fees. But it’s important to remember that initial bonuses are just that – initial. You’ll want to choose a card that provides great everyday perks even after you earn the bonus.