Many of you must be thinking that by providing sign up bonuses, credit card companies are trying to lure you into buying a credit card. This is partially true. But if you buy the right credit card at the right time, you can make some remarkable cash savings.
Here are the 5 best credit card sign up bonuses of 2019
1. Capital One® Venture® Rewards Credit Card
Capital One® Venture® provides a good credit card sign up bonus compared to others. They reward you in the form of miles. You get 2X miles every time you make a purchase with your credit card and 10X miles on thousands of hotels who have partnered when them.
You get an intro bonus of 50,000 miles on net spending of $3000 from the date of opening the account. Knowing this, you can purchase the Capital One® Venture® Rewards Credit Card before a vacation or a trip to a distant country. In addition, there is no annual fee for the first and you never have to worry about foreign transaction fees.
2. Ink Business Unlimited℠ Credit Card
Ink Business Unlimited℠ is a credit card by JP Morgan Chase providing lots of sign up bonuses. You get an intro bonus of $500 every time you spend $3000 in the first three months. Imagine making a truckload of savings by using this credit card for a trip or an important event like a wedding. After three months, you can get decent cash back of 1.5 % every time you purchase something with the credit card. JP Morgan Chase provides unbeatable value to its customers.
3. Wells Fargo Cash Wise Visa® Card
With Wells Fargo Cash Wise Visa® Card you can earn $200 cash back every time you spend $1000 in the initial three months. This credit card provides good sign up bonuses for someone who is not looking to spend big. It is best for fresh graduates or students as they don’t charge an annual fee and 0% APR for the first year from its purchase.
4. Bank of America® Cash Rewards credit card
For those who have a decent credit score, purchasing Bank of America® Cash Rewards credit card can turn out to be a fantastic bargain. Like other credit card companies, Bank of America also provides an intro bonus of $200 every time you spend $1000 within the first three months of account opening.
5. Wells Fargo Propel American Express® Card
You’ll never find another bargain like this one! Wells Fargo Propel American Express® provides good sign up bonuses for people who are looking to use it for a long trip or a vacation. You will get $300 intro bonus when you spend $3000 in the first three months. Moreover, you get 3X points every time you use your card to eat out, order in food, at gas stations, rideshares, flights, and hotels.
It’s important to know how much debt you need before buying a credit card with a sign-up bonus. Moreover, don’t overspend or underspend within the first three months of purchasing the credit card. This way you can get the best out of your credit card.