If you’re someone with good credit standing, then you may be eligible to enjoy a number of great credit card signup bonuses. With benefits ranging from periods of no interest fees to cashback rewards and savings on travel expenses, signup bonuses have the potential to improve your financial standing.
By shopping around for the credit card signup bonuses that you’ll get the most out of, you can save a significant amount of money. While having a very high credit limit may pose danger, credit cards are still important for functioning in the world today. By keeping your spending between $500 and $1500, you can earn significant rewards so long as you remember to pay off your balance during each billing cycle.
Let’s take a look at some of the best credit card signup bonuses.
Capital One Venture Rewards Credit Card
If you are someone who loves to travel, then this is the credit card for you. The Capital One Venture Rewards card lets you earn two travel miles with each dollar you spend. In addition, you can earn 10 miles on each dollar that you spend on hotel accommodation.
The benefits don’t stop there. As a signup bonus, this card comes with no annual fee during the first year. Other perks include:
- Earning 50,000 miles (to the value of $500) for every $3,000 you spend in the first three months.
- A free travel credit to the value of $100 for TSA Precheck or Global Entry fees.
- Enjoy a zero percent APR for 12 months after you sign up. Once the 12 months are up, you will incur a rate varying between 15.24 percent and25 .24 percent.
- No transfer fee is required when constructing balance transfers.
Citi Simplicity Credit Card
With this credit card, you will benefit from a zero percent interest rate on all purchases during the first 12 months. In addition, if you decide to transfer your balance to another card, you will receive a zero percent introductory rate valid for the first 21 months. All transfers do, however, have to be made within four months of opening your account with either a five percent or $5 fee, depending on which is greater.
Additional benefits include:
- No annual fee
- Zero late fees
- Zero penalties arising from late payments
- The ability to choose your billing date
- Unauthorized charges carry no liability
- Fraud protection
Capital One Quicksilver Cash Rewards Credit Card
This card carries an array of signup bonuses, most notably a zero percent interest rate on both purchases and balance transfers for your first 15 months following signup. Upon expiration of this special offer, your purchases and balance transfer rates will vary between 15.24 percent and 25.24 percent. Another great perk is that for your first three months following signup, you will earn a $150 bonus after spending your first $500.
Other great benefits include:
- Zero foreign transaction fees
- No annual fee
- Cashback on any amount spent with no expiration date
- When traveling, you’ll receive travel accident insurance along with 24-hour assistance if needed
- Emergency card replacements, as well as cash advances, are always available
- Selected items that you purchase with this card will be covered by an extended warranty
- Any car rentals that are paid for with this card will be protected for theft and collision damage
Discover it Balance Transfer Credit Card
Arguably this card’s greatest reward is its cashback benefits. This card offers five percent cashback at grocery stores, gas stations, restaurants, Amazon.com, and other selected merchants, while one percent cashback is guaranteed for all other purchases. If that’s not enough reason to signup for this card, Discover will also match the total cashback that you earn throughout your first 12 months using the card. This credit card allows you to redeem your rewards at any time, while the fact that none of its rewards have an expiration date will provide you with peace of mind.
For your first six months, this card will come with a zero percent APR rate on all purchases. You will also have the option of transferring high-interest balances without interest within your first 18 billing cycles. Once your regular interest rate kicks in, you could pay anywhere from 14.24 percent to 25.24 percent depending on your credit score.
Bank of America Cash Rewards Credit Card
With this Bank of America rewards card, you can earn $200 cashback upon spending $1,000 in your first 90 days. What’s more, is that you’ll benefit from a zero percent introductory interest rate on all purchases for your first 12 months. If you decide to transfer high-interest credit card balances within your first 60 days of using this card, you can reap the benefits of Bank of America’s low APR special offer.
Upon deciding on a favorite spending category, you can enjoy a three percent cash back on all card purchases within that category. If that’s not enough, car holders also receive two percent cash back on all grocery store and wholesale club purchases. Important to note, however, is that these cashback offers only apply to the first $2,500 that you spend within each calendar quarter. Other purchases include one percent cashback.