Credit card companies roll out the red carpet to get new card members. From cash to points to miles, signup bonuses abound from top card issuers. It’s for that reason that I complied this exhaustive list of the best credit card signup bonuses, deals, and promotions of 2022.
Best Credit Card Signup Bonuses
The following credit cards offer cash or statement credit bonuses for new card members.
Blue Cash Preferred® Card from American Express—$300
- Welcome Bonus: $300
- Cash Back: 1% to 6%
- 0% Intro APR: Yes, on purchases
- Annual Fee: $0 introductory annual fee for the first year, then $95
Chase Freedom Unlimited–Up to $300
- Signup Bonus: $300
- Cash Back: 1.5% to 5%
- 0% Intro APR: Yes, on both purchases and balance transfers
- Annual Fee: $0
Citi Custom Cash Card—$200
- Signup Bonus: $200
- Cash Back: 1% to 5%
- 0% Intro APR: Yes, on both purchases and balance transfers
- Annual Fee: $0
Capital One Quicksilver Cash Rewards Credit Card—$200
- Signup Bonus: $200
- Cash Back: 1.5%
- 0% Intro APR: 0% intro on purchases, then 15.24% - 25.24% (Variable)
- Annual Fee: $0
Chase Freedom Flex—$200
- Signup Bonus: $200
- Cash Back: 1% to 5%
- 0% Intro APR: Yes, on purchases
- Annual Fee: $0
Chase Sapphire Preferred Card—80,000 Points–Editor’s Pick
- Signup Bonus: 80,000 points
- Rewards Rate: 1x to 5x + 25% bonus when redeemed for travel through Chase
- Annual Fee: $95
Chase Sapphire Reserve Card—50,000 Points
- Signup Bonus: 50,000 points
- Rewards Rate: 1x to 10x + 50% bonus when redeemed for travel through Chase
- Annual Fee: $550
Capital One Venture X Rewards Credit Card—75,000 Miles
- Signup Bonus: 75,000 miles
- Rewards Rate: 2x to 10x
- Annual Fee: $395
The Platinum Card® from American Express—100,000 Points
- Signup Bonus: 100,000 points
- Rewards Rate: 1x to 10x
- Annual Fee: $695
American Express Gold Card—60,000 Points
- Signup Bonus: 60,000 points
- Rewards Rate: 1x to 4x
- Annual Fee: $250
List of Credit Card Signup Bonuses
Listed below are all of the credit cards in our database that offer a signup or welcome bonus. Click on the card name for more details.
How to Pick The Best Credit Card Signup Offers
Credit card signup bonuses seem to get bigger each year. The top offers today can be worth $1,000 or more. As you review your options, keep several things in mind.
A signup bonus is just one factor to consider: The signup bonus, while certainly a nice perk, is only one factor to consider when comparing the cards. Other important factors include the annual fee, how you’ll earn ongoing rewards, and how you’ll redeem the rewards you earn.
A good credit score is required: Credit cards with rich signup promotions require good to excellent credit. While there’s no set rule on the credit score needed to qualify for one of these cards, one should generally aim for a FICO score of 700 or higher.
Consider the spend requirement: Most signup bonuses require new cardmembers to charge a certain amount of purchases to the card within a specified period of time to qualify for the bonus. While the amounts vary, it’s generally between $500 to $3,000 within 3 months. Further, the bigger the bonus the higher the spend requirement.
The value can depend on how you redeem the bonus: For those cards that pay the bonus in points or miles, the value can vary depending on how you redeem the rewards. In many cases, the rewards must be redeemed for travel through the credit card issuer.
FAQs
What is the best credit card signup bonus?
Arguably the best credit card signup bonus today is with the Chase Sapphire Preferred Card.
Do all credit cards offer signup bonuses?
No. It’s a common marketing strategy with a lot of credit cards, but many do not offer bonuses.
Is a welcome bonus different than a signup bonus?
No, but some credit card issuers refer to their bonus as a “welcome bonus” and others refer to it as a “signup bonus.”
Are signup bonuses worth it?
They can be if they are part of a larger credit card rewards plan. Be careful, however. Credit cards can prompt consumers to spend more money than they should, as one MIT study found.
