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Top Credit Card Signup Bonuses: How To Earn $500 Or More

If you’ve got A+ credit, banks will actually pay you to open (and use) a new credit card. If you qualify, it’s real money in your pocket just for making your everyday purchases.

The best credit card signup bonusesDo you have an excellent credit score (720 or better)?

If so, the nation’s largest banks will pull out all the stops to get your business. (Less-than-perfect credit? See other cards here.)

This month, you could pocket rewards worth $600 or more simply by applying for and using one of the following credit cards. It’s real money in your pocket. All you have to do is apply for the new card and use it for things you would already buy. Here are five cards to consider.

Chase Freedom

The Chase Freedom card offers the quickest way to the biggest cash bonus: Get a $150 bonus after you spend $500 on purchases in your first three months. You can earn an additional $25 bonus after you add an authorized user and he or she makes a purchase within the same three-month period. After the sign-up bonus, you’ll continue to earn 1 percent cash back with every purchase plus 5 percent cash back on up to $1,500 in combined purchases in bonus categories that you activate. The no annual fee Chase Freedom also comes with an introductory 0 percent APR on balance transfers and purchases for 15 months.

Learn more: See card details here

Capital One Spark Cash For Business

If you run a small business, you could snag a $500 cash bonus after you spend $4,500 on purchases in the first three months with the Capital One Spark Cash For Business Card. You’ll also earn an unlimited 2 percent cash back on every purchase, every day. Rewards don’t expire. There’s no annual fee the first year, after that a $59 annual fee applies.

Learn more: See card details here

Discover it

With the Discover it card, the more you spend the first year, the more bonus cash back you can earn. This card will DOUBLE the cash back you earn in the first year. So if you earn $100, you’ll get $200 in rewards. The no annual fee Discover it card rewards you with 1 percent cash back on all purchases plus 5 percent cash back in categories that change each quarter (up to the quarterly maximum). There’s also an introductory 0 percent APR on purchases and balance transfers for 12 months.

Learn more: See card details here

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card will give you a one-time bonus of 40,000 miles – worth up to $400 in free travel — if you spend $3,000 on purchases in the first three months. After that you’ll earn unlimited double miles on every purchase, every day. Points are redeemable for flights on any airline or stays at any hotel. The Capital One Venture Rewards Credit Card has no annual fee for the first year. After that, the card has a $59 annual fee.

Learn more: See card details here

Chase Sapphire Preferred

If you’re willing and able to spend $4,000 in three months, the Chase Sapphire Preferred Card offers the most generous bonus of the bunch: Get 50,000 bonus points when you spend $4,000 on purchases in the first three months. That’s up to $625 in travel when you redeem through Chase Ultimate Rewards. Points are also redeemable at face value (1:1) at certain airline and hotel and loyalty programs. After that, the Sapphire Preferred card gives you 2x points on travel purchases and restaurants plus 1 point per dollar spent everywhere else. The Chase Sapphire Preferred card has an introductory $0 annual fee. After the first year, the annual fee is $95.

Learn more: See card details here

Capital One Quicksilver Cash Rewards Credit Card

The Capital One Quicksilver Cash Rewards Credit Card offers another quick one-time cash bonus of $100 after you spend $500 on purchases within the first three months. After that, the card pays an unlimited 1.5 percent cash back on every purchase, every day. There’s no annual fee plus and an introductory 0 percent APR on purchases and balance transfers for a limited number of months. (See card details for the current intro APRs and other terms).

Learn more: See card details here

Not decided? See more cards:

Compare even more of the top-rated credit cards. See offers for:

Published or updated on January 15, 2016

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About Phil Villarreal

Phil Villarreal writes Funny Money weekly for Money Under 30. He lives in Tucson and works for the Arizona Daily Star. He's also an author, blogger and Twitterer.


User Generated Content Disclosure: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

  1. Pablo says:

    I have a credit rating of around 690. Even though my company gives me a corporate credit card, I still very much need another card just in case, since I travel 90% of my time Internationally.
    Is it true by where you live it can also affect your approval?
    I live in Puerto Rico but my employer is based in the US.
    Am I even more limited for approval because of my rating and where I live?

    I feel that AMEX platinum would be perfect for my needs, but I am reluctant to apply since it will hurt my rating, and I am trying to improve it. Do they have consultants which can tell me before a hard inquiry if I am probable of approval?

  2. David Weliver says:

    Both good points.

    @Bishnu, I would only worry about the credit inquiry if I knew I was going to need a mortgage or other big loan in the next 6-12 months. Otherwise, I wouldn’t worry if your credit score takes a tiny hit. Even then, hard inquiries only really become a problem when there are more a couple.

    @Tim, I agree, it’s a balancing act.

    I’ve read about some people that literarally chase every single one of these offers…they apply, make the purchases, cash in the rewards, and cut up the card. As long as they manage their credit well otherwise, their credit scores are just fine. I would never recommend that, but it has been done.

    Personally, I totally get the “fewer cards the better” argument.

    I did a swap when I applied for the Chase card…I cancelled a card I rarely used, hadn’t been open very long, and didn’t report my credit limit. Now I have four open cards, but only carry and use two of them. The others I keep them open simply because I’ve had them forever and closing them would do more damage (in the form of shortening my credit history). So 2-3 open cards is probably optimal, but if you’ve got good credit and don’t need it for anything else anytime soon, there’s probably no harm in using it to take advantage of an offer like this.

    • Tim says:


      Thanks for the info. I always like to see how other “financially savvy” people manage the number of accounts they have. I like visiting the internet “deal” sites and the people there go crazy over these offers! To me, it’s just not worth it. If I was considering the account otherwise, it becomes a nice incentive to pull the trigger.

      Speaking of Rewards offers- I’d like to point out ING’s Black Friday Saving Sale…a pretty cool idea- reward those of us who save on Black Friday- not spend! I opened their checking last year and got $125. I’m excited to see what they have going this year!


  3. Tim says:


    I’m just kind of wondering, how many credit cards is too many? I’ve got a Chase Freedom MC I like the rewards program for, and that is my main card I use. In addition to that I have a credit card through my credit union, a corporate card, and a line of credit. I also have a Home Depot Charge as interest-free offers are nice to have as projects come up around the house.

    I have toyed with the idea of getting a charge card (AmEx Zync) or another credit card (Discover More) but am hesitant- because do I really need it? I pay all my balances in full, besides the deferred interest balances, which are paid in full before the time is up.

    I’m just curious your thoughts, as the $100 offer from Discover sounds rather tempting.


  4. Bishnu says:

    Is it worth the hard inquiry?

  5. Speak Your Mind