The Ultimate Guide to Credit Cards
Monday, October 18, 2021

15 Best Bank Bonus Credit Cards (2021)

Bank Bonus Credit Cards

credit card advice

Brittney Mayer
By: Brittney Mayer
Updated: April 7, 2020
Advertiser Disclosure

Every time you use your favorite credit card to make a purchase, the merchant must pay the credit card issuer a fee for the pleasure of collecting your money. While the specific fee varies by issuer, it’s generally around 2% of your purchase price — and that adds up quickly.

Because these purchasing fees are a big part of how many issuers make their money, it’s in each one’s best interest to encourage you to use its brand of card over its competitors. As the credit card market becomes increasingly saturated, however, issuers have needed to incentivize the use of their particular cards.

It was then that credit card rewards were born — and so, too, was their supersized sibling: the signup bonus. Fairly brimming with potential points and cash back, cards with succulent signup bonuses can be found from nearly every major bank. Let’s take a look at some of our experts’ top picks for the best bank bonus cards on the market today, including cash back bonuses, travel bonuses, and points bonuses.

Cash Back | Travel | Points

Top “Cash Back” Bank Signup Bonuses

The simplest of the credit card rewards, the cash back bonus is exactly what it sounds like: the bank or issuer gives you a portion of your spending back.

While this is usually a statement credit, not actual paper currency, cash back rewards are essentially like having a rebate coupon that’s good everywhere your credit card is accepted.

When it comes to finding the best cash back signup bonus, you’ll want to look at the minimum spending requirement; most signup bonuses have them. Make sure you can afford to pay off your purchases, or you may spend more on interest payments than what you receive in cash back rewards. You’ll also want to look out for annual fees, which can put a dent into any bonus.

  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Earn unlimited 1.5% cash back on all other purchases.
  • Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1.5% on all other purchases.
  • No annual fee.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
N/A
14.99% - 23.74% Variable
$0
Good/Excellent

With a minimum spending requirement attainable by most credit card users, the Chase Freedom Unlimited® has a solid signup bonus offer. You’ll also get an introductory 0% APR on new purchases, giving you a little more wiggle room to repay your purchases.

Discover it® Cash Back Review

at Discover Card'ssecure website

CASH BACK RATING

★★★★★
4.8

OVERALL RATING

4.9/5.0
  • INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back in any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • #1 Most Trusted Credit Card according to Investor’s Business Daily.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 14 months
0% for 14 months
11.99% - 22.99% Variable APR
$0
Good/Excellent

The Discover it® Cash Back did away with the spending requirement, instead offering a a unique year-end bonus that can really add up. This puts the amount of your signup bonus in your hands, and there’s no limit to how much you can earn.

Chase Freedom Flex℠ Review

at the issuer'ssecure website

CASH BACK RATING

★★★★★
4.7

OVERALL RATING

4.8/5.0
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.
  • No annual fee.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
N/A
14.99% - 23.74% Variable
$0
Good/Excellent

Those interested in the Chase Freedom Unlimited®, but whose spending fits into a few key categories, should instead look at the Chase Freedom Flex℠. The Chase Freedom Flex℠ has the same solid signup bonus offer, as well as 5% cash back in rotating categories such as groceries and gas.

4. Capital One® Savor® Cash Rewards Credit Card

This card is currently not available.

Cash Back Rating

★★★★★
N/A

OVERALL RATING

N/A
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
N/A
N/A
N/A

If your monthly spending is enough to hit the minimum requirement, the Capital One® Savor® Cash Rewards Credit Card signup bonus is a good choice. Not only is it one of the larger cash back signup offers, but the card also offers up to 4% cash back.

CASH BACK RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 14.99%-24.99% variable APR after that
  • $0 annual fee and no foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 15 months
N/A
14.99% - 24.99% (Variable)
$0
Excellent, Good

The Capital One Quicksilver Cash Rewards Credit Card has a good-sized signup bonus with a very attainable minimum spending requirement, making it a top choice for cash back signup bonus offers.

Top “Travel” Bank Signup Bonuses

Although cash may be king in many respects, when it comes to credit card rewards, it’s not always best. Anyone who travels regularly may prefer to earn miles, which often give you a greater dollar value per mile when redeemed for travel expenses like airline flights or hotel stays.

Travel rewards signup bonuses will have similar minimum spending requirements as those required for cash back bonuses, so be sure you can meet them if the bonus is your goal.

You’ll also want to make sure you can redeem your travel rewards with the specific airlines or hotel chains you use while traveling, as well as investigating the blackout dates or other availability restrictions.

AIR MILES RATING

★★★★★
4.9

OVERALL RATING

4.8/5.0
  • Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✔®
  • Redeem on travel—including flights, vacation rentals, car rentals and more. Plus transfer your miles to over 15+ travel loyalty programs
  • No foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99% - 23.99% (Variable)
$95
Excellent, Good

The rewards from your Capital One Venture Rewards Credit Card signup bonus can be redeemed in a few ways. You can redeem through Capital One® to cover eligible card purchases with any airline or hotel, so you can use your favorite brands. Or, transfer miles to a qualifying airline loyalty program to turn them into branded frequent flyer miles. The minimum spending requirement might be a little hefty for some, so make sure you don’t get in over your head.

AIR MILES RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99% - 22.99% Variable
$95
Good/Excellent

With a whopping signup bonus worth up to $0.0125 per mile when redeemed for travel, the Chase Sapphire Preferred® Card is a stellar choice and the best value of the bunch. Of course, that’s provided you comfortably meet the large spending requirement without getting stuck with a bundle of interest charges.

AIR MILES RATING

★★★★★
4.9

OVERALL RATING

4.8/5.0
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 15+ travel loyalty programs
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 months
N/A
14.99% - 24.99% (Variable)
$0
Excellent, Good

For those who like the Capital One Venture Rewards Credit Card but don’t feel they can meet the large spending requirement, the Capital One VentureOne Rewards Credit Card is a good alternative. You can get the same blackout-free redemption through Capital One, but with a slimmed down signup bonus and spending requirement.

Discover it® Miles Review

at Discover Card'ssecure website

AIR MILES RATING

★★★★★
4.9

OVERALL RATING

4.8/5.0
  • UNLIMITED BONUS: Only Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. For example, if you earn 35,000 Miles, you get 70,000 Miles.  There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match.
  • Automatically earn unlimited 1.5x Miles on every dollar of every purchase - with no annual fee.
  • Redeem Miles to pay any part of your monthly bill, including your minimum payment.
  • Turn Miles into cash in any amount, any time. Or redeem as a statement credit for travel purchases like airfare, hotels, rideshares, gas stations, restaurants and more with no blackout dates. However you redeem, Miles keep the same value. And Miles never expire.
  • No Blackout Dates. Simply pay for travel purchases like airlines, hotels, rental cars, and more with your Discover it® Miles card.
  • Discover is accepted nationwide by 99% of the places that take credit cards.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR for 14 months
10.99% Intro APR for 14 months
11.99% - 22.99% Variable APR
$0
Good/Excellent

The Discover it® Miles comes with the same twist on the signup bonus as its cash back card. It’s a generous offer that can provide a lot of miles that translate to free travel accommodations in the future.

AIR MILES RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99%-20.99% Variable
$95
Good/Excellent

With a good-sized signup bonus, the Ink Business Preferred® Credit Card can get you the most rewards when you redeem for travel through the Ultimate Rewards® portal or transfer to an eligible hotel or airline partner.

Top “Points & Rewards” Bank Signup Bonuses

Don’t want to be limited to cash back rewards, but not really into travel? Don’t fret, you still have tons of options for quality signup offers, including cards offering flexible points and unique bonuses.

Points and rewards cards offer greater versatility in the types of goodies you can redeem your rewards for, with options ranging from gift cards to your favorite stores and restaurants to brand-name merchandise direct from the issuer.

As always, keep an eye on minimum spending requirements and potential annual fees that can cut into your bonus. You’ll also want to make sure the individual rewards program offers the type of redemption options for which you’re looking.

POINTS & GIFTS RATING

★★★★★
4.8

OVERALL RATING

4.7/5.0
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99% - 22.99% Variable
$95
Good/Excellent

POINTS & GIFTS RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
16.99%-23.99% Variable
$550
Good/Excellent

Both the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® earn the popular Ultimate Rewards. And while you may get top dollar when you use your  for travel purchases, that’s not the only way to redeem your points. Your Ultimate Rewards® points can also be used for things like gift cards, or even be redeemed for cash.

POINTS & GIFTS RATING

★★★★★
4.8

OVERALL RATING

4.7/5.0
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99%-20.99% Variable
$95
Good/Excellent

The Ink Business Preferred® Credit Card card not only earns Ultimate Rewards® points, but the card also offers a significant signup bonus for those who can meet the spending requirement.

CITI® RATING

★★★★★
4.6

OVERALL RATING

4.6/5.0
  • Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards
  • The Citi Rewards+® Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
  • 0% Intro APR on balance transfers for 15 months from date of first transfer and on purchases from date of account opening. After that, the variable APR will be 13.49% - 23.49%, based on your creditworthiness. Balance transfer fee — either $5 or 3% of the amount of each transfer, whichever is greater.
  • Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases.
  • The standard variable APR for Citi Flex Plan is 13.49% - 23.49%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
  • No annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR Period 15 months on Purchases and Balance Transfers
0% Intro APR Period 15 months on Purchases and Balance Transfers
13.49% - 23.49% Variable
$0
Excellent, Good

Another incredibly flexible rewards program, the signup bonus you get from meeting the moderate spending requirement on the Citi Rewards+℠ Card can be redeemed for travel, entertainment, or retail purchases. You can even make a contribution to your favorite charity using ThankYou points.

Bank of America® Travel Rewards Credit Card Review

at Bank Of America'ssecure website

EXPERT'S RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn 25,000 online bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening – which can be redeemed for a $250 statement credit toward travel purchases
  • Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time, and no expiration on points
  • Enjoy no annual fee and no foreign transaction fees while earning points to use for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Introductory 0% APR offer on purchases, then a variable APR applies
  • Preferred Rewards members earn 25%-75% more points on every purchase. That means you could earn up to 2.62 points for every $1 you spend, everywhere, every time.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% APR for 12 billing cycles
N/A
13.99% - 23.99% Variable
$0
Excellent/Good

The Bank of America® Travel Rewards Credit Card not only offers a solid signup bonus, but it also comes with an unlimited 1.5 points for every $1 you spend — making it a simple way to earn points everyday.

The Best Way to Earn While You Spend

In today’s world, many of us would rather use plastic than paper — at least when it comes to how we make our purchases. And while rewards programs and signup bonus offers aren’t the only reasons we like to swipe when we buy, they certainly seem to be the effective incentive the issuers intended them to be.

Regardless of how sweet the deal may appear, however, remember that interest payments can add up quickly, so never spend more than you can afford to pay back in a timely manner. Signup bonuses are little good if you spend more than they’re worth trying to pay off your credit card.

Advertiser Disclosure

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