Obviously, there’s a lot more to consider than signup bonuses when you apply for a new credit card. APR, rewards schemes, annual fees, balance transfer fees, travel perks…they all matter, and they all need to be considered before you sign your name to the dotted line. That said, there’s no doubt that a nice little signup bonus can go a long way to sweetening the deal. If you’re in the market for a new card, these are the 10 credit cards that offer the best signup bonuses in 2021.
10. Southwest Rapid Rewards Priority Credit Card
First up is the Southwest Rapid Rewards Priority Credit Card, which is currently offering the very generous signup bonus of 40,000 points after you spend $1,000 on purchases in the first 3 months. The good times don’t end there. As well as boasting a very solid points program that entitles you to 3X points on dining, 2 points per $1 spent on Southwest purchases, and 1 point per $1 spent on all other purchases, the card also offers 3,000 bonus points on the anniversary of your account membership. Unlike some cards, there are no blackout dates for redeeming the points, and they never expire.
9. Southwest Rapid Rewards Plus Credit Card
Another Southwest card now, this time the Southwest Rapid Rewards Plus Credit Card. If you’re a frequent flier with Southwest, it’s well worth considering – and not only for the 40,000 points you’ll earn if you spend $1,000 in purchases in the first 3 months. Like the Southwest Rapid Rewards Priority Credit Card, the ongoing points scheme is solid, offering 3X points on dining, 2 points for every $1 you spend on Southwest purchases and Rapid Rewards hotel and car rental partner purchases, and 1 point per dollar on everything else. You’ll also qualify for a Companion Pass, which lets you bring a companion with you for free (excluding taxes and fees) on any Southwest flight you purchase, plus 3000 bonus points on your account anniversary.
8. Blue Cash Preferred from American Express
Sign up to the Blue Cash Preferred today, and you’ll qualify for a handsome $150 statement credit when you spend $3,000 in purchases in the first 6 months. If that wasn’t enough, you’ll also get 20% back on all Amazon.com purchases you make on the card for the first 6 months. Factor in some excellent cash back rewards – 6% on supermarkets, 3% at gas stations, and 1% on all other purchases – .and a reasonable annual fee of $95 (which gets waived in the first year) and you can see why wallethacks.com has named it one of the best credit card signup offers of 2021.
7. Citi / AAdvantage Platinum Select World Elite Mastercard
Named by US News as having one of the best credit card signup offers of 2021, the Citi / AAdvantage Platinum Select World Elite Mastercard offers new cardholders the incredibly generous signup bonus of 50,000 American Airlines AAdvantage bonus miles when they spend $2,500 in purchases within the first 90 days of account opening. Additional perks include no foreign transaction fees, a points scheme that lets you earn 2 AAdvantage miles for every $1 spent at gas stations, restaurants, and eligible American Airlines purchases, and a bunch of on-flight perks. If you’re a frequent flier with American Airlines, it makes a sound option.
6. Marriott Bonvoy Boundless
If you’re loyal to the Marriott Bonvoy brand and want a hotel card that will earn you big rewards from the word go, the Marriott Bonvoy Boundless makes a wise choice. As a thank you for signing up, you’ll get 3 free nights (each of which is valued at 50,000 points) plus 10x points on eligible purchases in select categories. On your account anniversary, you’ll get another free night for each year that you continue to renew the card. Automatic Silver elite status comes with the card, but if you want to upgrade to Gold status, simply use it for $35,000 worth of purchases each account year.
5. Capital One Quicksilver Cash Rewards Credit Card
Spend just $500 on your Capital One Quicksilver Cash Rewards Credit Card within the first three months of account opening, and you’ll be rewarded with a $200 statement credit. If that wasn’t enough to make you sign on the dotted line, you’ll also qualify for an unlimited 1.5% cash back on all purchases you make for the life of the card. There’s $0 annual fee and a 0% intro APR on purchases for 15 months.
4. U.S. Bank Altitude Connect Visa Signature Card
Providing you send $3000 in the first 120 days of opening your account, the U.S. Bank Altitude Connect Visa Signature Card will reward you with 50,000 points with an equivalent value of $500. You can redeem the points for gift cards, cash back, travel purchases, or as statement credits. The annual fee is $95, but the cost is waived for the first year.
3. Chase Sapphire Reserve
Named as one of CNBC’s top cards for signup bonuses, the Chase Sapphire Reserve offers new cardholders 60,000 Ultimate Rewards points (which is equal to around $800) when they spend $4,000 in purchases within the first three months. After that, you’ll continue to benefit from a solid points program that offers 10x points on hotels and car rentals purchased through Chase Ultimate Rewards, 5x points on air travel, 3x points on other travel, and 1x on all other purchases. There’s also a bunch of other travel perks such as $300 in travel credit and up to $100 application reimbursement for Global Entry or TSA PreCheck. With an annual fee of $550, it’s not the cheapest card on the market, but it’s definitely one of the most generous.
2. Chase Freedom Flex
Whereas the spending requirements for some cards can make the bonuses all but pointless, the Chase Freedom Flex takes a more reasonable approach. Spend just $500 in the first 90 days after account opening, and you’ll get an incredible $200 of that back. Beyond the initial benefits, the card offers an attractive cash back scheme and a very competitive 15-month no-interest period. Best of all, there’s no annual fee.
1. Chase Sapphire Preferred Card
If the 60,000 bonus points offered by Chase Sapphire Reserve struck you as generous, the 100,000 Ultimate Rewards points offered by the Chase Sapphire Preferred Card is likely to leave you speechless. On top of the incredibly handsome signup bonus, you’ll also benefit from a very respectable ongoing rewards program and plenty of travel perks. The annual fee is a very reasonable $95.