3 Great Sign Up Bonus Cards For January 2019
Pocket Serious Cash Back Bonuses From Everyday Spending
Over the last few years, card issuers have continuously improved their credit card offers to stay competitive. A big portion of these improvements have been dedicated to the card’s sign up bonus, a reward you receive for signing up and spending a minimum amount within a certain period of time, usually 90 days.
These bonuses aren’t exactly mundane either, with some cards offering a huge $500 cash back bonus. It’s a great way to earn hundreds of dollars of rewards quickly, but these offers don’t stick around forever. Below you will find a few of our favorite offers on the market today.
Our Pick: Best All-Around Sign Up Bonus Card
The Bank of America® Cash Rewards card is our pick for easy to achieve sign up bonus rewards. With a $150 cash rewards bonus when you spend $500 in 90 days, this is the best bang-for-your-buck bonus card on the market today. Best of all, the card allows you to earn cash back rewards in common categories as long as you use it with no annual fee.
The card utilizes multiple cash back tiers geared around everyday purchases for most households with a new and improved offer: earn 3% cash back on the category of your choice. You get to choose from categories that include gas, online shopping, dining, travel, drug stores, or home improvement /furnishings. Furthermore, you can update your choice category for future purchases once each calendar month.
Being able to select the 3% category of your choice is a very unique offer. Do you have a road trip planned in the spring? An International flight in the fall? Using this card and updating the 3% category where you expect to spend in the future allows for big savings across multiple categories.
Additionally, earn 2% on grocery store and wholesale club purchases for the first $2,500 in combined choice category/grocery/wholesale club spending each quarter. All other purchases earn 1% cash back.
Finally, the card comes with an introductory 0% APR for 12 billing cycles on purchases and balance transfers. This allows you some time to pay off new purchases interest free. Simply put, this card has a great sign up bonus, long term cash back savings in common spending categories and the ability to customize how and where you earn your rewards. Keep this card in your wallet.
Our Pick: Best Sign Up Bonus Card For Dining and Entertainment
The Capital One® Savor® Cash Rewards credit card is the new kid on the block and making a big splash. You might have seen all the recent Savor commercials touting its dining and entertainment rewards and for good reason. This is our favorite dining and entertainment card with a huge $500 cash sign up bonus.
With a premium card, large bonus offers often require a high hurdle in order to earn it. The Savor card is no different. New Savor cardholders must hit a minimum spend of $3,000 in 3 months to earn the $500 bonus. Those who are frequently going out and spending on dining and entertainment will be able to hit this threshold, but lower spenders might have trouble reaching the minimum spend needed.
Savor offers a generous 4% cash back on all dining and entertainment, 2% cash back at grocery stores, and 1% on all other purchases. Additionally, Savor cardholders receive a monthly statement credit for a Postmates Unlimited monthly membership through December 2019. Plus, you still earn the 4% cash back, both on the membership fee and the orders you make through Postmates.
In short, this card is tailor-made for urbanites and millennials looking to cash in on going out. There is an annual fee of $95 for the Savor card, but it is waived for the first year. Bottom line, the huge $500 sign up bonus coupled with the cash back rewards make this card a must-have for dining and entertainment seekers.
Our Pick: Best Sign Up Bonus Card With Flat Rate Rewards
Rounding out the list is the Capital One® Quicksilver® Cash Rewards card. Quicksilver offers a reasonable $150 sign up bonus after spending $500 in 90 days. While this isn’t as high as the Savor card, it has a great feature the others don’t: unlimited 1.5% cash back on every purchase. There are no categories to keep track of or certain people this card appeals to over others.
Generally, those who like simplicity and easy to redeem rewards will appreciate the Quicksilver card. It has a little bit of everything: an easy to achieve welcome bonus, a solid rewards rate, very generous 15 months of 0% APR on both purchases and balance transfers, and no annual fee.
The Quicksilver card put Capital One on the map and made us all remember the phrase “what’s in your wallet?” They’ve sweetened the deal over the years and this is a great card to always have in your pocket.
Are you looking for more options? For our entire list of sign up bonus credit cards, click here.