The Ultimate Guide to Credit Cards
Tuesday, July 7, 2020

12 Best Credit Card Signup Bonus Offers (2020)

12 Best Credit Card Signup Bonus Offers (2020)

credit card advice

Ashley Dull
By: Ashley Dull
Updated: February 24, 2020
Advertiser Disclosure

The best credit card signup bonuses can translate into major savings for the cardholder, whether you’re planning your next family vacation, friends weekend, or even your honeymoon.

And getting married is expensive. I know because I’m planning my own nuptials next spring. Between the obvious costs like venue and food, you don’t realize how many other less-obvious things there are to pay for, like guest favors and dress alterations, and it all adds up so quickly.

One expense we don’t have to worry about, however, is our hotel accommodations for the honeymoon because we took advantage of some great credit card signup bonuses.

I applied for the Chase Sapphire Reserve® when it was still offering the 100,000-point signup bonus, while my significant other applied for the old Marriott Rewards Premier card (no longer available), also offering a 100,000-point signup bonus at the time. Between the two cards, we earned over $2,000 in travel rewards for our honeymoon! Signup bonuses are always available — but the best ones aren’t around forever — and if you have an end goal in mind, as we did for our honeymoon, they’re easier to achieve when you select the right card.

Airline & Travel | Cash Back | Rewards | Business

Best “Airline & Travel” Card Signup Bonuses

If you’re planning a trip and want help with the cost of flights and/or hotel accommodations, a travel rewards card is a safe bet to help you meet your objective.

Some cards, like the Chase Sapphire Preferred® Card, offer points that translate to both cash back or travel rewards, so you’ve got some added flexibility. Not to mention Chase maximizes rewards when redeemed for travel through its Chase Ultimate Rewards portal (value varies by card), so you can get even more value that way, as I did with my Chase card.

Signup bonuses and spending requirements for each card are detailed below.

1

Capital One® Venture® Rewards Credit Card

This card is currently not available.

Air Miles 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

AIR MILES RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • 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
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99% - 22.99% Variable
$95
Good/Excellent
3

Discover it® Miles

This card is currently not available.

Air Miles 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

+ See More Travel Rewards Cards

Best “Cash Back” Card Signup Bonuses

Cash back is exactly what it sounds like — a percentage of your cash back on each qualifying purchase, generally between 1% and 5%.  A cash back signup bonus will award you a nice sum of money just for meeting the minimum spending requirements within the allotted time frame, usually three months after the account is opened.

CASH BACK RATING

★★★★★
4.5

OVERALL RATING

5.0/5.0
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 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!
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.99 - 23.74%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
0% Intro APR on Balance Transfers 15 months
14.99% - 23.74% Variable
$0
Good/Excellent
5

Discover it® Cash Back

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

CASH BACK RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn unlimited 1.5% cash back on all purchases.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
  • No annual fee
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% 15 Months
N/A
14.99%–23.74% Variable
$0
Good/Excellent

+ See More Cash Back Cards

Best “Rewards” Card Signup Bonuses

Rewards cards award points that can be used for travel, cash back, merchandise, gift cards, and statement credit, allowing cardholders a lot of options for how to spend their rewards. If you’re in the market for a card with a generous signup bonus, but don’t necessarily have a specific want or need for it, a generic rewards program offered through one of these cards is a good way to go.

POINTS & GIFTS RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • 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
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • 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
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
16.99%-23.99% Variable
$550
Good/Excellent

POINTS & GIFTS RATING

★★★★★
4.9

OVERALL RATING

4.8/5.0
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • 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
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.99% - 22.99% Variable
$95
Good/Excellent
9

Discover it® Miles

This card is currently not available.

Points & Gifts 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

+ See More Rewards Points Cards

Best “Business” Card Signup Bonuses

A business card can provide perks and benefits that traditional consumer cards cannot, and this extends to the signup bonus. And you don’t have to have founded a large company with hundreds of employees to qualify — if you’re a freelancer, have an Etsy store, or even sell things on eBay, you can apply for a business credit card. Most of the time your Social Security number will suffice as business verification, as an EIN (employer identification number) is not always necessary.

You can quickly obtain your new business card’s signup bonus by using it to pay for office/creative supplies, travel expenses, advertising, and any other operational costs, and enjoy the additional benefits a business card can offer you.

10

Capital One® Spark® Cash for Business

This card is currently not available.

Business 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
11

Capital One® Spark® Cash Select for Business

This card is currently not available.

Business 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
12

Capital One® Spark® Miles for Business

This card is currently not available.

Business 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

+ See More Business Cards

Earn Free Stuff from the Things You’re Already Buying

My fiancé and I signed a contract for our venue and were then put on a payment plan, so we knew we’d need a credit card on file for the automatic charges to come. Because we knew exactly how much was being withdrawn and when, putting the new card on file with our venue was a no-brainer to help us achieve our signup bonus.

Once we hit the spending minimum, the bonus was immediately credited to our account. We then started looking at hotels and getting an idea of where we could use our points, and there was no shortage of amazing options.

It’s so easy for anyone to take advantage of signup bonuses — just use the card to pay for things you’re already buying, like rent, utilities, groceries, or any upcoming large purchases, and you’ll be on your way to earning free money for travel, merchandise, statement credit, or cash in hand, and all it takes is applying for the right card.

Of course, it’s important to remember that only net new purchases will count toward the requirement for the signup bonus. Other transactions, such as balance transfers or cash advances, typically won’t qualify toward your required spend.

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