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.
Cash 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—$0
- Signup Bonus: $0
- Cash Back: 1.5% to 5%
- 0% Intro APR: Yes, on both purchases and balance transfers
- Annual Fee: $0
Wells Fargo Active Cash Card—$200
- Signup Bonus: $200
- Cash Back: 2%
- 0% Intro APR: Yes, on both purchases and balance transfers, then a 14.99% to 24.99% variable APR will apply
- 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: Yes, on both purchases and balance transfers
- Annual Fee: $0
Chase Freedom Flex—$200
- Signup Bonus: $200
- Cash Back: 1% to 5%
- 0% Intro APR: Yes, on purchases
- Annual Fee: $0
Travel Credit Card Signup Bonuses
These travel credit cards can be used with travel on any airline or hotel. They are not brand specific, and therefore, ideal for travelers who don’t stay with the same hotel chain and fly the same airlines on every trip.
Chase Sapphire Preferred Card—60,000 Points–Editor’s Pick
- Signup Bonus: 60,000 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 Card—100,000 Miles
- Signup Bonus: 100,000 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
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.
