Do 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.
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.
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.
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.
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.
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.
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).
Not decided? See more cards:
Compare even more of the top-rated credit cards. See offers for: