Dope Incognito

Where there's dope, there's hope

7 Best Credit Cards Sign Up Bonus Offers of September 2022

Best Credit cards sign up Bonus

The popular trend of credit card companies to offer good sign up bonus to new card holders can be an easy way to enjoy extra rewards and perks. One can find best deals in terms of cash back offers or travel rewards from some of best credit cards sign up bonus offers available in market.

 

However, it seems difficult to choose the best credit cards sign up bonus when there are so many options around you. So, to make this task smooth for you, we have prepared a list of best credit cards sign up bonus offers by comparing nearly 50 cards.

 

All you need to do is figure out which type of rewards you want to enjoy before choosing the best credit card sign up bonus offer for you. Also, we have tried to include only those cards which have annual fees as minimum as possible or no annual fee at all.

 

Here, is quick summary of our top findings for best credit cards sign up bonus offers to help you to get some extra rewards within your monthly budget spendings-

 

Sr No

Credit Card

Sign-up Bonus offer

Rewards      Rate

Annual Fees

 

1.

Chase Freedom Flex

 

 

$200

1%-5%

 

$0

2.

Amazon Prime Rewards Visa Signature Card

$100 Amazon Gift card

1%-5%

 

$0

3.

Citi Premier® Card

 

 

80,000 Thankyou points worth of $1400.

1x-3x

 

 

$95

4.

Citi® Double Cash Card

 

 

$200

 

Flat 2%

$0

5.

Capital One SavorOne Cash Rewards Credit Card

 

$200

1%-8%

 

 

$0

6.

Citi Custom Cash Card

 

20,000 Thankyou points worth of $200.

1%-5%

 

$0

7.

Blue Cash Preferred® Card from American Express

 

 

$350

1%-6%

$95 after the first year

 


Chase Freedom Flex

Best Credit cards sign up Bonus


The Chase Freedom Flex card could be a good fit for those who want to earn cash back or Ultimate Rewards points in a wide variety of categories with no annual fees.

 

This card earns cash back in the form of Ultimate Rewards points which are at a rate of 1 point per 1% and these points are worth of one cent each.

 

Annual Fee- $0

 

Initial Bonus – $200 cash back

New cardholders need to spend $500 within 3 months of opening an account to get the Chase Freedom Flex card’s, 20,000 Ultimate Rewards points initial bonus worth $200.  

 

Intro APR Offer – 0% intro APR for 15 months on purchases and balance transfers

 

Regular APR – Variable 17.24% – 25.99%

 

Other Benefits-

·       5% Bonus up to $1,500 on combined purchases in new bonus categories activated each quarter. For Quarter from July 22 to sept 2022 bonus rewards categories are-   Gas stations, Car rentals, Movie theaters, Select live entertainment.

·       5% cash back on travel purchased through Chase platform.

·       3% cash back on drugstores and dining including takeout.

·       1% cash back on all other purchases.

 

Pros

·       Substantial one-time bonus of $200 after spending just $500 in first three month for a no-annual-fee card.

·       Variety of rewards categories.

 

Cons

·       3% foreign transaction fee.

·       It is must to activate quarterly rotating 5% cash-back categories.

 

Amazon Prime Rewards Visa Signature Card

Best Credit cards sign up Bonus


Anyone with Amazon Prime membership can go for Amazon Prime Rewards Visa Signature Card as this card is no annual fee card and offers 5% cash back on purchases at Amazon and Whole foods market.

 

Every 100 points is worth $1 on Amazon.com, making each point worth one cent.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $0

 

Initial Bonus – $100 Amazon Gift card  

 

Regular APR – Variable 16.49% – 24.49%

 

Other Benefits-

·       5% cash back every time on purchase made at Amazon and Whole Foods Market

·       2% cash back on purchases at gas stations, drug stores and restaurants.

·       1% cash back on all other purchases.

·       No Foreign transaction fees.

 

Pros

·        Good cash back offers.

·       Easy redemptions options.

 

Cons

·       Requires a paid membership to have this card

·       No introductory offer on APR

 

Citi Premier® Card

Best Credit cards sign up Bonus


Citi Premier Card offers triple bonus points on major budget categories of every household- Gas, Groceries, restaurants and travel.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $95

 

Initial Bonus – 80,000 Thankyou points after you spend $4,000 in purchases on your new card within the first three months and the worth of these bonus points is approx $1400.

 

Balance Transfer – 3% to 5%.

 

Purchase Variable APR – 18.24% – 26.24%.

 

Other Benefits- Apart from 3x reward points on your air travel and hotels, user of this card can also enjoy following benefits-

·       3 reward Points per $1 spent at the supermarkets and restaurants including takeaways.

·       3 reward Points per $1 on gas stations and EV charging stations.

·       1 reward points per $1 spent on all other purchases.

·       No foreign transaction fees on purchase

 

Pros

·       Great cash-back rewards in range of 1x-3x at most of the categories including Gas stations, supermarkets, restaurants, hotels and travels.

·        welcome offer for new cardholders

 

Cons

·       $95 annual fee after the first year

·       No introductory offer on APR

 

Citi® Double Cash Card


This card is one of the most appealing cards with 2% cashback and solid reward redemption options at no annual fees.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $0

 

Initial Bonus – $200

New cardholders need to spend only $1500 within 6 months of opening an account to get initial bonus worth $200 as cash back.  

 

Regular APR – 0% intro APR offer on balance transfer for 18 months.

After the intro period 16.24%-26.24% Variable rate applies

 

Other Benefits-

·       Up to 2% cash back on all purchases (1% when you make a purchase, plus 1% as you pay that purchase off) 

·       Lost Wallet Service that replaces your card and provides you with emergency cash

 

Pros

·       No annual fee

·       0% intro APR offer period

·       Outstanding flat-rate cash-back rewards on your unlimited purchases

 

Cons

·       $25 minimum for redemption

 

Capital One SavorOne Cash Rewards Credit Card

Best Credit cards sign up Bonus


If you are in search of credit card which offers great rewards on categories like restaurant dining, grocery shopping, streaming services, entertainment, hotel and rental cars booking etc then, this no annual fee card can be best fit for you.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $0

 

Initial Bonus – $200

New cardholders need to spend only $500 within 3 months of opening an account to get initial bonus worth $200 as cash bonus.  

 

Regular APR – 0% intro APR offer on purchase and balance transfer for 15 months.

After the intro period 16.49%-26.49% Variable rate applies.

 

Other Benefits-

·       8% cash back on Capital One Entertainment purchases and on tickets purchase at Vivid Seats.

·       5% cash back on hotels and rental cars booking Capital One travel

·       3% cash back on dining, entertainment, popular streaming services, and at grocery stores.

·       1% cash back on all other purchases

·       No foreign transaction fees

·       Travel accident insurance

 

Pros

·       Generous Cash back rewards in multiple categories

·       No foreign transaction fees.

 

Cons

·       High Credit score required.

 

Citi Custom CashCard

Best Credit cards sign up Bonus


This is no annual fees card for those who want to earn lucrative rewards without giving thought on choosing a bonus spending category or activating their cash back each quarter.  

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $0

 

Initial Bonus – $200

New cardholders need to spend only $750 within 3 months of opening an account to get initial bonus worth $200 as 20,000 ThankYou points.

 

Regular APR – 0% intro APR offer on purchase and balance transfer for 15 months.

After the intro period 16.24%-26.24% Variable rate applies.

 

Other Benefits-

·       5% cash back on your highest eligible spending category each billing period up to $500.

·       1% cash back on all other purchases

 

Pros

·       Generous Cash back rewards for a no annual fees card.

·       One can max it out by always spending $500 in your top bonus category, that will get you $25 cash back per billing cycle, which can add up to $300 per year.

·       Intro APR offer

 

Cons

·       Foreign transaction fees.

 

Blue Cash Preferred® Card from American Express

Best Credit cards sign up Bonus


This card can suit most of the requirements of any household by offering rewards at different rates across multiple categories with 3% back on gas purchase made at gas stations.

 

Though Blue Cash Preferred card has $95 annual fee but if your monthly expenses are at least $350 mainly towards bonus categories offered by this card then, this card can easily help you to earn cash back rewards plus you can easily recoup the cost of your annual fee.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $95

 

Initial Bonus – $350 statement credit after you spend $3,000 in purchases on your new card within the first six months.

 

Regular APR – 0% intro APR offer on purchases and balance transfer for 12 months.

After the intro period 16.24%-27.24% Variable rate applies

 

Other Benefits-

·       6% cash back at U.S. supermarkets, select U.S. streaming subscriptions.

·         3 reward Points per $1 spent at restaurants, gas purchase and transit.

·          1 Point per $1 on all every other purchase.

 

Pros

·       Great cash-back rewards in range of 1x-6x at Gas stations, supermarkets and on select U.S. streaming services

·       Welcome offer for new cardholders

·       0% intro APR on purchases and transfers.

 

Cons

·       American Express isn’t as widely accepted as Visa or Mastercard

·       $95 annual fee after the first year

 



FAQ – Best Credit cards Sign Up Bonus

What is a credit card sign-up bonus?

 

A credit card sign-up bonus or initial bonus is a special offer available to new cardholders only. Usually, a sign-up bonus is a set amount of rewards points or cash back of certain value, such as $200 cash back or 30,000 points.

 

How do I choose the best credit cards Sign up bonus offer?

 

Here’s how to choose the best airline credit card:

·       Decide which type of rewards you need most and their practical uses in your spending requirements. If you do not travel more frequently then may be miles bonus are not as useful as for a frequent flyer. Figure out whether cashback suits your requirement or any other reward category.

 

·       Compare the cards based on annual fees and rewards rate & categories as well as sign up bonus and most importantly spending requirement to get initial bonus offers.

 

·       If a card requires more spending in less period then, it is not practical to go for that type of credit card as it encourages to impulse buying. No matter how big is initial sign up offer, do not fall for these type of bonus offer which have hard to reach purchase requirements.

 

What credit score do you need for a credit card with good sign-up bonus offer?

 

Most credit cards require credit score of 670 or higher as there are not so many offers or rewards for bad credit score.

 

Can I open multiple credit cards just for the sign-up bonus?

 

When it comes down to having multiple credit cards for enjoying sign-up bonus offers, you can have multiple cards. However, make sure annual fees should be as minimum as possible and do not hurry up to get multiple cards in same time period.

 

As all cards require minimum spending before offering the bonus to you. So, gradually go for best credit cards sign up bonus offers to enjoy rewards and cashbacks.

 

For example, if your monthly expenses are in between $150-$250, then you can complete the minimum required spending in first three months and enjoy your bonus rewards. After, using your initial bonus offered fully, then you can go for another credit card with sign up bonus offer and spending requirements under your monthly expenses.

 

Just make sure to have those cards which are no or low annual fees with good sign up bonus offer. 




Bottom line

The idea behind giving preference to low annual fee card with good sign up bonus is – as to meet the sign-up bonus criteria you need to spend first to fulfill the minimum purchase criteria within given time line. So, it is not wise to spend on hefty annual fees to enjoy some extra sign-up bonus.

 

In this post we have analyzed various cards depending on various factors like annual fees, reward points, promotional offers, APR rates etc. As always, your best bet should be to find a card that offers great bonus category rewards on the expenses you need to do most frequently.

 

Finally, if you are paying annual fees on your credit card which offers generous sign up offer, you should always review your card offerings every year before renewal due date as there might be change in your requirements and your existing card might be not as useful as it was earlier.

 

Leave a Reply

Your email address will not be published.