One of the best credit cards with cash back bonus rewards is the Blue Cash Preferred® Card from American Express. This card offers $350 statement credit for spending $3,000 in the first 6 months. Plus, the card gives 6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits.
There are plenty of credit cards that give bonus cash back rewards in certain purchase categories. Cardholders may receive extra value on gas, groceries, dining, entertainment, wholesale clubs and more. Other cards have bonus categories that change every quarter and may require activation, giving you the chance to earn big on different types of purchases every few months.
Lots of credit cards with cash back bonus rewards on purchases also offer an initial cash rewards bonus for spending a certain amount in the first few months. Plus, it’s good to remember that many credit cards without cash back bonus rates still give a solid cash back rate on all purchases.
The best cash bonus credit card offer is the Blue Cash Preferred® Card from American Express. New cardholders can now earn a $350 statement credit for spending $3,000 in the first 6 months. Blue Cash Preferred also comes with extensive ongoing rewards: 1 - 6% cash back.
There are many cash bonus credit cards that offer you money for meeting a spending requirement in the first few months. These cards are a good way to get a hefty rebate on your purchases at the start, especially if they also have … read full answerno annual fee. 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.
Here are some of the best cash bonus credit cards:
$350 statement credit for spending $3,000 in the first 6 months
6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits
5% cash back on hotels and rental cars booked through Capital One Travel, 4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on tickets from Vivid Seats and on Capital One Entertainment purchases)
5% cash back on the first $25,000 spent per year in combined purchases at office supply stores and on internet, cable and phone services; 2% cash back on the first $25,000 spent per year at gas stations and restaurants combined; and 1% back on all other purchases
Ultimately, the best cash back credit card is the one that fits your individual needs – if your spending is more even-keeled and you don’t want to worry about categories, a flat-rate cash back credit card will be the better option. Otherwise, pick the one that rewards you most in your largest spending categories.
One of the best credit cards that give a $500+ bonus for signing up is the Citi Premier® Card. This card offers 80,000 points for spending $4,000 in the first 3 months. Citi Premier® Card also awards cardholders with 1 - 3 points per $1, depending on the type of purchase. The card’s annual fee is $95.
Just bear in mind that you will need to do a little more than simply sign up to get a $500+ bonus from these cards. You will also need to meet an initial spending requirement to qualify. It is also worth noting that some of these bonuses come in the form of points or miles, but their cash value would be worth $500+.
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