Free bonus when applying credit cards?

11
Pedro Greenholt asked a question: Free bonus when applying credit cards?
Asked By: Pedro Greenholt
Date created: Mon, Feb 15, 2021 10:32 AM
Date updated: Fri, Sep 30, 2022 12:36 AM

Content

Top best answers to the question «Free bonus when applying credit cards»

Summary of the best sign-up bonus credit cards

Credit CardSign-up Bonus ValueAnnual Fee
Discover it Cash BackThere is no limit to the amount Discover will match$0
Citi Premier® Card80,000 ThankYou® Points worth $800 in gift cards$95
Chase Freedom Unlimited®$200$0
Citi Custom Cashâ„  Card$200 (Cash)$0.

10 other answers

Why it's one of the best credit cards with a sign-up bonus: The IHG® Rewards Club Premier Credit Card gives 150,000 points (worth about $1,440 in IHG reservations) to new applicants who spend $3,000 within 3 months of opening an account. This card does charge an annual fee of $89, but it’s waived the first year.

Why this is one of the best credit cards with a sign-up bonus: New cardholders will receive 75,000 bonus points after making $3,000 in card purchases in the first three months. Each year after your...

Credit card bonus offers can come in the form of cash back, miles or points. For some cards, the initial point bonus will qualify them for more perks, such as the use of an airline companion pass. Types of Credit Card Bonus Offers. Credit cards that offer sign-up bonuses will offer them in two different ways, either in cash back or points/miles.

Credit card welcome bonus offers are an easy way to earn extra rewards during the first few months after you open an account. You typically need to meet spending requirements that range from $500 ...

They often come with points or cash incentives if you charge a certain amount within the initial first months, so you can profit from the arrangement. The card you’re interested in has an annual fee, but many cards waive that annual fee the first year, giving you a free ride for a year..

If you receive the welcome bonus on any of the Southwest family of personal cards — including the Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, and the Southwest Rapid Rewards® Priority Credit Card — you’re not eligible to receive the welcome bonus on the others for 24 months.

Amex now includes a “welcome bonus eligibility” checker that may pop up during your application and alert you that you’re ineligible to receive a bonus, even if on paper you’ve done everything right (you’ve never had that specific card before, etc.). You’ll find this alluded to in the card’s terms and conditions right above the line we just looked at (again, emphasis mine):

That sentence is crystal clear: if you currently have (or have had) this particular card, you are not eligible to earn the welcome bonus (currently 100,000 points after you spend $6,000 on purchases on your new card in the first six months of card membership).

If you signed up for a credit card solely for its big welcome bonus, such as the Chase Sapphire Reserve® which lets you earn 60,000 bonus points after spending $4,000 on purchases in the first ...

For most people, credit cards are the best way to earn points and miles for free travel, especially with opening bonuses. However, applying for a new credit card can be a difficult process, even for those who have been collecting points for years. When you get deeper into the hobby, you’re likely to have a large amount of credit offered to you.

Your Answer