Speaking of Best Credit Card Sign Up Bonuses, with the new year here, and the start of the new decade, this is exactly the right time to consider whether you want to get a new credit card and take advantage of a sweet sign-up bonus. After all, it’s free money on some level.
Best Credit Card Sign Up Bonuses
To take advantage of the best credit card signup bonus offers, you need to have very good credit and the ability to meet a card’s minimum spend requirement within the defined time period—usually within three months of opening the account. And if you’re going to be spending all that money anyhow on holiday presents, it can really be a win-win.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card sets the standard for travel rewards by offering excellent 2x points on all travel and dining at restaurant purchases. And points are worth 25% more when you redeem travel through Chase Ultimate Rewards. That means that the killer 80,000 points sign-up bonus is worth $1,000 towards travel.
A monster of an up-front bonus. 80,000 bonus points after spending $4,000 in the first three months. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening. Points are worth 25% more when you redeem travel through Chase Ultimate Rewards.
More on Chase Sapphire Preferred Card
If you’re willing and able to spend $4,000 in three months, the Chase Sapphire Preferred Card offers a significant travel signup bonus: Earn 80,000 bonus points after you spend $4,000 on purchases in the first three months from account opening—that’s $1,000 in travel when you redeem through Chase Ultimate Rewards. Or, if you prefer cash, that’s $800 in cash. Plus earn up to $50 in statement credits towards grocery store purchases.
Points are also redeemable at face value (1:1) at certain airline and hotel and loyalty programs. After that, the Chase Sapphire Preferred Card lets you earn double points on travel and dining at restaurants worldwide and one point per dollar spent on all other purchases. It should be noted that Chase Sapphire Preferred Card has a $95 annual fee.
Capital One Venture Reward Credit Card
Capital One’s leading product is the Capital One Venture Rewards Credit Card and it shows. A one-time 100,000-mile bonus after spending $20,000 in the first 12 months is flat out AWESOME, and twice the miles per dollar spent is about as good as it gets with a travel rewards credit card.
Earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months. Double miles earned for $1 spent on all purchases and receive up to $100 application fee credit for Global Entry
The Capital One Venture Rewards Credit Card will give you a one-time bonus of 100,000 miles—worth up to $1,000 in free travel—if you spend $20,000 on purchases within the first 12 months of approval. On top of that, you’ll earn unlimited twice the miles per dollar spent on every purchase, every day. Miles are redeemable for flights on any airline or stays at any hotel. The Capital One Venture Rewards Credit Card’s annual fee is $95.