Top Credit Card Bonuses Now that the Chase Sapphire Preferred Record Offer is Gone

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A credit card welcome bonus is an incentive offered by banks to entice new customers to begin spending on their cards. These typically come in the form of a lump sum of travel rewards or cash back. For consumers, it’s an excellent opportunity to jumpstart their credit card rewards journey.

The Chase Sapphire Preferred® Card card recently offered a record-breaking welcome bonus for new cardholders. However, that deal has now ended — but that doesn’t mean that there aren’t other amazing bonuses available.

However, before you select a card on a whim, it’s critical to reflect on your own financial needs, your budget and what type of rewards you desire to ensure you select the right card.

Select analyzed current welcome bonuses available to consumers in each credit card category, and found several with excellent value and features. Keep in mind that if you’re a small business owner you can find some excellent offers on small business credit cards that may be higher than the bonuses listed on personal cards below.

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Top credit card bonuses available now

The Platinum Card® from American Express

On the American Express secure site

  • Rewards

    Earn 10X points on eligible purchases on the card at restaurants worldwide and when you shop small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of card membership, 5X points on flights booked directly with airlines or with American Express Travel (starting January 1, 2021, this applies on up to $500,000 per calendar year), 5X points on prepaid hotels booked with American Express Travel, 1X points on all other purchases

  • Welcome bonus

    100,000 Membership Rewards® points after spending $6,000 within 6 months of account opening

  • Annual fee

  • Intro APR

  • Regular APR

  • Balance transfer fee

  • Foreign transaction fee

  • Credit Needed

Honorable mention: Citi Premier® Card has a welcome offer of 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first three months of account opening.

Airline miles: Delta SkyMiles® Gold American Express Card

Current welcome bonus: Earn 70,000 Bonus Miles after spending $2,000 in purchases on your new card in your first 3 months. Offer expires 11/10/2021.

The Delta SkyMiles Gold American Express Card comes with a solid welcome offer to boost your SkyMiles balance. With the card you will earn: 2X miles per dollar spent at restaurants, U.S. supermarkets, Delta Air Lines purchases and 1X mile per dollar spent on everything else.

Once you meet the minimum spend threshold, you will have at least 72,000 Delta SkyMiles. SkyMiles are generally valued at 1.2 cents per point, giving you a total value of roughly $860 towards Delta flights or travel on its partners. And with this card having a $0 introductory annual fee for the first year, then $99 (see rates and fees), you can essentially give this card a free test drive without having to worry about any upfront costs.

Delta SkyMiles® Gold American Express Card

On the American Express secure site

  • Rewards

    Earn 2X miles per dollar spent on Delta purchases, 2X miles per dollar spent at U.S. supermarkets, 2X miles per dollar spent at restaurants worldwide and 1X mile per dollar on all other eligible purchases

  • Welcome bonus

    Limited Time Offer: Earn 70,000 Bonus Miles after spending $2,000 in purchases on your new Card in your first 3 months. Offer expires 11/10/2021.

  • Annual fee

    $0 introductory annual fee for the first year, then $99

  • Intro APR

  • Regular APR

    15.74% to 24.74% variable

  • Balance transfer fee

  • Foreign transaction fees

  • Credit needed

Cash back: Blue Cash Preferred® Card from American Express

Current welcome bonus: Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first six months.

The Blue Cash Preferred® Card from American Express is an excellent choice for a cash back credit card, especially with the broad spending categories and valuable welcome offer it comes with. As you spend on the card, you will earn: 6% cash back at U.S. supermarkets (up to $6,000 per year, then 1%) and with select U.S. streaming services, 3% cash back on transit (i.e. taxis and rideshare) and at U.S. gas stations and 1% cash back on all other purchases.

Additionally, the card comes with a 0% intro APR on purchases for the first 12 months of card membership, then a variable APR, 13.99% to 23.99% (see rates and fees). This is a great strategy to finance a large purchase like an iPhone, or possibly for your upcoming holiday shopping.

After meeting the minimum spend threshold of $3,000 within the first six months, you will have at least $330 back in your pocket — a net return of 11% on your spending.

Select calculated how much the average American can earn in a year using the Blue Cash Preferred. We worked with the location intelligence firm Esri, who provided us with a sample annual spending budget of $22,126. The budget includes six main categories: groceries ($5,174), gas ($2,218), dining out ($3,675), travel ($2,244), utilities ($4,862) and general purchases ($3,953).

With these numbers in mind, the average American would earn $524 in cash back per year with the Blue Cash Preferred, and that doesn’t even include the welcome bonus.

Blue Cash Preferred® Card from American Express

On the American Express secure site

  • Rewards

    6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations, 3% cash back on transit including taxis/rideshare, parking, tolls, trains, buses and more and 1% cash back on other purchases. Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.

  • Welcome bonus

    Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.

  • Annual fee

    $0 introductory annual fee for the first year, then $95

  • Intro APR

    0% for the first 12 months on purchases, N/A for balance transfers

  • Regular APR

    13.99% to 23.99% variable

  • Balance transfer fee

  • Foreign transaction fee

  • Credit needed

0% intro APR: Wells Fargo Active Cash℠ Card

Current welcome bonus: $200 cash rewards bonus after spending $1,000 in purchases in the first three months.

A 0% intro APR credit card doesn’t have to simply be about interest-free financing on your purchases. You can also earn rewards at the same time. The Wells Fargo Active Cash℠ Card is a perfect example of this.

With this card, you will earn 2% cash back on all purchases, in addition to having an 0% intro APR for the first 15 months of card membership, after that the variable APR is 14.99% to 24.99%.

And using the same annual spending budget number above ($22,126), the average American would earn $442 in cash back using the Active Cash Card. And once you add in the $200 welcome offer, that is a cumulative $642 in the first year of spending.

Wells Fargo Active Cash℠ Card

  • Rewards

    Unlimited 2% cash rewards on purchases

  • Welcome bonus

    $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months

  • Annual fee

  • Intro APR

    0% APR on purchases and qualifying balance transfers for the first 15 months from account opening

  • Regular APR

    14.99% to 24.99% variable on purchases and balance transfers

  • Balance transfer fee

    Introductory fee of 3% ($5 minimum) for 120 days from account opening, then up to 5% ($5 minimum)

  • Foreign transaction fee

  • Credit needed

No annual fee: Blue Cash Everyday® Card from American Express

Current welcome offer: Earn a $200 statement credit after you spend $2,000 in purchases on your new card within the first six months.

A no-annual-fee credit card can be a great spending solution for someone looking for a no-frills credit card. And the Blue Cash Everyday Card from American Express is a great card for that (see rates and fees). And you can still earn a solid welcome bonus along the way.

With this card, you will earn 3% cash back at U.S. supermarkets (up to $6,000), 2% cash back at U.S. gas stations and at select department stores, and 1% cash back on all other purchases.

As for the welcome offer, you will have a minimum of $220 in rewards after meeting the minimum spend threshold. And taking the same budget example from above, the average American would earn $310 in cash back each year — giving a complete total of over $500 in cash back and rewards after the first year of card membership.

Blue Cash Everyday® Card from American Express

On the American Express secure site

  • Rewards

    3% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%), 2% cash back at U.S. gas stations and select U.S. department stores, 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits.

  • Welcome bonus

    Earn a $200 statement credit after you spend $2,000 in purchases on your new card within the first 6 months.

  • Annual fee

  • Intro APR

    0% for the first 15 months on purchases, N/A for balance transfers

  • Regular APR

    13.99% to 23.99% variable

  • Balance transfer fee

  • Foreign transaction fee

  • Credit needed

How to pick the best credit card for you

Bottom line

For rates and fees of The Platinum Card® from American Express, click here.

For rates and fees of Delta SkyMiles® Gold American Express Card, click here.

For rates and fees of Blue Cash Preferred® Card from American Express, click here.

For rates and fees of Blue Cash Everyday® Card from American Express, click here.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.

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