If you’re looking for a quick and easy way to earn a lot of travel rewards, then you should consider signing up for one of the best credit cards with a large welcome bonus. Many of these cards offer sign-up bonuses of 100,000 points or miles, which is enough to get you started on your travel rewards journey.
Instead of looking for no refusal payday loans Canada odsp on your expenses, you can use your reward points. In this article, we’ll take a look at some of the best cards currently available that offer generous sign-up bonuses.
We’ll also discuss the benefits that come with these cards after you’ve earned the welcome bonus.
Approach
While most rewards credit cards come with welcome bonuses of at least a few thousand points, there are a handful of cards that offer sign-up bonuses worth 100,000 points or more. However, not all points are created equal.
The value of a point can vary depending on the loyalty program and how you redeem it. To help you maximize the value of your points, TPG regularly updates its monthly valuations for each loyalty currency.
Share of consumers using selected online savings sites, apps, and loyalty programs to save money in Canada as of October 2020
For instance, our current valuation estimates that a Hilton Honors point is worth 0.5 cents, while a Marriott Bonvoy point is worth 0.9 cents.
When you’re comparing different rewards cards, be sure to look at the total bonus value, which takes into account TPG’s valuation of the points. With this information in hand, you’ll be able to make the best choice for your needs and maximize the value of your points.
Ink Business Premier Credit Card
The Ink Business Premier Credit Card from Chase and the Spark Travel Elite Credit Card from Capital One are both great options for small business owners who are looking to earn rewards on their business expenses.
However, there are a few key differences between the two cards that business owners should be aware of before applying.
The Ink Business Premier Credit Card offers a welcome bonus of 100,000 points, which is worth more than $1,500 when redeemed for travel through Chase Ultimate Rewards.
Spark Travel Elite Credit Card
The Spark Travel Elite Credit Card also offers a welcome bonus of 250,000 miles, which is worth more than $4,000 when redeemed for travel through Capital One’s Venture Rewards program.
However, the Ink Business Premier Credit Card has an annual fee of $95, while the Spark Travel Elite Credit Card has no annual fee.
Both cards offer great rewards earning potential and valuable welcome bonuses, so it comes down to personal preference as to which card is right for you.
If you’re looking for a card with no annual fee and the ability to earn more rewards on your business expenses, the Spark Travel Elite Credit Card from Capital One is a great option.
However, if you don’t mind paying an annual fee in exchange for a larger welcome bonus, the Ink Business Premier Credit Card from Chase may be a better choice.
Citi Prestige Card
The Citi Prestige® Card is a great option for travelers who are looking for a card with a large welcome bonus and valuable ongoing benefits. The card currently offers a welcome bonus of 75,000 points, which is worth $1,500 when redeemed for travel through Citi ThankYou Rewards.
Furthermore to the welcome bonus, the Citi Prestige® Card also offers 5x points on air travel and dining purchases, 3x points on hotel purchases, and 1x points on all other purchases.
The card also comes with a $250 annual travel credit, which can be used to offset the cost of airfare, hotels, and more.
If you’re looking for a rewards card that comes with a large welcome bonus on all other purchases.
The card also comes with a host of valuable benefits, such as $250 in annual air travel credit, free access to more than 900 airport lounges worldwide, and up to $100 in statement credits annually for Global Entry or TSA PreCheck application fees.
The Platinum Card
The Platinum Card® from American Express is a great option for travelers who are looking for a card with a large welcome bonus and valuable ongoing benefits.
The card currently offers a welcome bonus of 75,000 points, which is worth $1,500 when redeemed for travel through American Express Membership Rewards.
In addition to the welcome bonus, the Platinum Card® from American Express also offers 5x points on air travel and dining purchases, 3x points on hotel purchases, and 1x points on all other purchases.
The card also comes with a $200 annual air travel credit, which can be used to offset the cost of airfare, hotels, and more.
If you’re looking for a rewards card that comes with a large welcome bonus and valuable ongoing benefits, the Platinum Card® from American Express is a great option.
The card offers 5x points on air travel and dining purchases, 3x points on hotel purchases, and 1x points on all other purchases.
In addition to the welcome bonus, the card also comes with a $200 annual air travel credit, free access to more than 1,200 airport lounges worldwide, and up to $100 in statement credits annually for Global Entry or TSA PreCheck application fees.
Chase Sapphire Reserve
The Chase Sapphire Reserve® is a great option for travelers who are looking for a card with a large welcome bonus and valuable ongoing benefits.
The card currently offers a welcome bonus of 50,000 points, which is worth $1,000 when redeemed for travel through Chase Ultimate Rewards.
In addition to the welcome bonus, the Chase Sapphire Reserve® also offers 3x points on air travel and dining purchases and 1x points on all other purchases.
The card also comes with a $300 annual travel credit, which can be used to offset the cost of airfare, hotels, and more.
If you’re looking for a rewards card that comes with a large welcome bonus and valuable ongoing benefits, the Chase Sapphire Reserve® is a great option.
The card offers 3x points on air travel and dining purchases and 1x points on all other purchases.
In addition to the welcome bonus, the card also comes with a $300 annual travel credit, free access to more than 1,000 airport lounges worldwide, and up to $100 in statement credits annually for Global Entry or TSA PreCheck application fees.
The Bottom Line
There are many rewards credit cards that come with large welcome bonuses and valuable ongoing benefits.
If you’re looking for a card that comes with a large welcome bonus, be sure to consider the Citi Prestige® Card, The Platinum Card® from American Express, and the Chase Sapphire Reserve®.
Each of these cards offers valuable benefits that can make your travels more enjoyable.