However, there are several good credit cards on the market that offer bonuses. You can check out our editors’ latest picks for the best credit card sign-up bonuses to see which one better suits your needs.
The best cash bonus credit card offer is $250 statement credit for spending $3,000 in the first 6 months, which can be earned with the Blue Cash Preferred® Card from American Express. This card also offers 1 - 6% cash back on purchases.
There are many cash bonus credit cards that give 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:
The Blue Cash Preferred offers $250 statement credit for spending $3,000 in the first 6 months. Plus, you can earn 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. The card’s annual fee is $0 intro 1st yr, $95 after and you need at least good credit for approval.
The Capital One Savor offers $300 for spending $3,000 in the first 3 months. Plus, you can earn 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 Capital One Entertainment purchases and 10% back on purchases made through Uber & Uber Eats). The card’s annual fee is $95 and you need at least good credit for approval.
The Capital One Quicksilver offers $200 for spending $500 in the first 3 months. Plus, you can earn 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases. The card’s annual fee is $0 and you need at least good credit for approval.
The Wells Fargo Active Cash offers $200 cash rewards after spending $1,000 in the first 3 months. Plus, you can earn 2% cash rewards on all purchases. The card’s annual fee is $0 and you need at least good credit for approval.
The Ink Cash offers $900 for spending $6,000 in the first 3 months. Plus, you can earn 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. The card’s annual fee is $0 and you need at least good credit for approval.
The best free flight credit card is Chase Sapphire Preferred because it gives new cardholders up to 3 free flights (round-trip) between New York and Los Angeles for spending $4,000 in the first 3 months. Specifically, Sapphire Preferred’s initial bonus is 60,000 points, which is worth $750 in travel booked through Chase Ultimate Rewards. And that in turn is worth around 3-4 free flights, based on current fares. You can also transfer points at a 1:1 ratio to Chase’s 9 airline partners, including Southwest, United and JetBlue. How many free flights you can get that way depends on those transfer partners’ ticket prices.… read full answer
Chase Sapphire Preferred will also help you earn free flights over time, giving 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. And it has a $95 annual fee. But for all that if offers, Sapphire Preferred is still a general travel card. That means it lacks a lot of the perks normally found on airline-specific cards, such as free checked bags and priority boarding. The Citi / AAdvantage Platinum Select World Elite Mastercard offers both. And it gives 50,000 miles when you spend $2,500 in the first 3 months, plus 2 miles per $1 spent on American Airlines purchases, dining and gas.
Another good free flight credit card is the Capital One Venture card, which offers 75,000 miles for spending $4,000 in the first 3 months. The bonus miles are worth $750 in free flights or other travel. The annual fee is $95. Also, the co-branded United MileagePlus Explorer card gives you 60,000 miles when you spend $3,000 in the first 3 months. There’s a $0 annual fee for first year. After that, it jumps to $95.
Sometimes, airline credit cards will actually say straight up that they’ll give you free flights, rather than a certain number of miles worth a certain amount in airfare. Plus, several airline cards currently offer companion tickets – allowing a guest to travel with you for free (or close to it) – as part of your sign-up bonus, as an annual renewal bonus or both. The Platinum Delta SkyMiles card is a good example.
Free flight credit cards obviously offer a lot of perks. And while you will likely have to contend with an annual fee, the card should more than pay for itself if you travel a lot and take advantage of all the benefits at your disposal. Just make sure to pay your entire balance each month so that interest charges don’t cancel out your rewards earnings. Also, it’s worth noting that you will need good to excellent credit to qualify for most of these cards.
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