Best Credit Card Bonuses and Deals This Week: June 7, 2021
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It’s a fantastic time to consider opening a new credit card, as issuers continue to launch elevated offers and promotions geared toward those who are planning travel now that the world is opening up again.
Some cards have boosted their welcome offers to over 100,000 points, including a number of unprecedented bonuses that won’t be around forever. One of the most compelling offers we’ve ever seen landed last week — a massive, record-high bonus of 100,000 points after you spend $4,000 on purchases in the first three months of opening the Chase Sapphire Preferred® Card.
Taking advantage of an increased credit card bonus now can set you up with points you can use for flights, hotels, and more when you’re finally ready to hit the road.
Here are some of the best credit card offers to consider this week.
Regular APR
15.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5}-22.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Variable
Pros
- High sign-up bonus starts you off with lots of points
- Strong travel coverage
Cons
- Doesn’t offer a Global Entry/TSA PreCheck application fee credit
- Best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,250 when you redeem through Chase Ultimate Rewards®.
- Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
- Get 25{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
- With Pay Yourself Back℠, your points are worth 25{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Read Our Review
Transferable credit card points are best if you value flexibility because there are so many ways to redeem them. With programs like American Express Membership Rewards, Chase Ultimate Rewards, Citi ThankYou Rewards, and Capital One Rewards, you’ve got options that include:
If you’ve been on the fence about applying for the Chase Sapphire Preferred® Card — one of the very best rewards credit cards, especially if you’re new to travel points and miles — now is the time to pull the trigger. The card is offering a staggering 100,000 points after you spend $4,000 on purchases in the first three months of account opening.
Read more: Chase Sapphire Preferred card review
That’s worth $1,000 in cash back, $1,250 in travel booked through Chase or for statement credits toward eligible purchases through Pay Yourself back, and potentially much more if you transfer to Chase’s airline and hotel partners for award travel.
Another top pick this week is one of the best cards with premium travel and shopping benefits, The Platinum Card® from American Express. You can currently earn 75,000 points after you spend at least $5,000 in your first 6 months of card membership — here’s our Amex Platinum card review for all the details.
Capital One miles recently became even more useful with the addition of four new transfer partners and airport lounges coming later this year. You could get at least $1,000 in travel from the 100,000-mile welcome bonus on the Capital One Venture Rewards Credit Card — and potentially even more value if you transfer miles to airline and hotel partners for award travel.
Read more: Amex and Chase points are the two most valuable types of credit card rewards — here are their biggest differences
And don’t overlook our under-the-radar pick — the Citi Premier® Card. Along with a substantial welcome bonus, the card offers excellent earnings in categories that fit well whether you’re sticking close to home or on the road. You’ll earn 3x points on air travel, gas stations, restaurants, supermarkets, and hotels, and 1 point per dollar on everything else.
Regular APR
15.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5}–20.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} variable APR
Credit Score
Good to Excellent
Featured Reward
100,000 points after spending $15,000 on purchases in the first 3 months from account opening
Pros
- High sign-up bonus
- Offers 3x bonus points on several spending categories, including travel and advertising purchases
- Includes comprehensive travel coverage
Cons
- Welcome bonus has a very high minimum spending requirement
- Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
- With Zero Liability you won’t be held responsible for unauthorized charges made with your card or account information
- Redeem points for cash back, gift cards, travel and more – your points don’t expire as long as your account is open
- Points are worth 25{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account
- $95 Annual Fee
Read Our Review
If you’re a small-business owner, opening a small-business credit card can offer a lot of benefits. Keeping your business and personal expenses separate makes it easier to keep track of expenses, and many cards offer bonus points, miles, or cash back in popular business spending categories.
Read more: The best small-business credit cards of 2021
You don’t have to own a full-time business or make millions to be eligible to apply — even if you’re a freelancer or have a side gig, you could qualify for a small-business card. The Business Platinum Card® from American Express and Ink Business Preferred® Credit Card are both offering 100,000 points after meeting minimum spending requirements, and, depending on how you redeem them, you could get a value of $1,800 or more from these bonuses.
Annual Fee
$95 (waived the first year)
Regular APR
13.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} to 23.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} variable APR
Featured Reward
20{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} back on Amazon.com purchases (up to $200 back) in your first 6 months of Card Membership, plus $150 back as a statement credit after you spend $3,000 on the Card within the first 6 months
Intro APR
0{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} intro APR on purchases for 12 months from account opening
Pros
- Generous bonus rewards, especially at U.S. supermarkets
- One of a small handful of credit cards that offer bonus rewards on select streaming services
- Intro APR offer
Cons
- Unlike many other cash-back cards, it charges an annual fee
- If you spend more than $6,000 at US supermarkets each year, you’ll want to use another card once you reach that cap
- Earn 20{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} back on Amazon.com purchases on the Card within the first 6 months of Card Membership, up to $200 back.
- Plus, earn $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive cash back in the form of statement credits.
- $0 intro annual fee for the first year, then $95.
- 6{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5}).
- 6{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Cash Back on select U.S. streaming subscriptions.
- 3{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
- 1{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Cash Back on other purchases.
- Low intro APR: 0{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} for 12 months on purchases from the date of account opening, then a variable rate, 13.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} to 23.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5}
- Plan It® gives the option to select purchases of $100 or more to split up into monthly payments with a fixed fee.
- Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
- Terms Apply.
Read Our Review
Our top pick for the best cash-back credit card overall, the Citi® Double Cash Card, doesn’t currently offer a welcome bonus. And other excellent options, like the Chase Freedom Flex℠ and Chase Freedom Unlimited®, aren’t exclusively cash-back cards (though they’re marketed that way).
Read more: The best cash back credit cards of 2021
You’ll also earn 6{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} cash back on your first $6,000 in U.S. supermarket spending each year (then 1{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} back), 6{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} cash back on select U.S. streaming services, 3{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} back on U.S. gas stations and transit, and 1{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} back on all other eligible purchases (cash back is earned in the form of Rewards Dollars).
Regular APR
16.49{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} – 23.49{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Variable
Credit Score
Good to Excellent
Featured Reward
80,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open, plus an additional 20,000 bonus miles after you spend $10,000 in the first 6 months
Pros
- Substantial sign-up bonus of up to 100,000 miles
- A free first and second checked bag can save you and a companion up to $320 round-trip
- Up to $125 in annual credits toward United purchases can offset half the annual fee
- 5,000-mile award flight credit can help you stretch your United miles
Cons
- High $250 annual fee
- Card doesn’t offer United Club lounge access or passes
- Earn 80k bonus miles after you spend $5,000 on purchases in the first 3 months your account is open. Plus, an additional 20k bonus miles after you spend $10,000 in the first 6 months
- $250 Annual Fee
- Earn 3X miles on United® purchases, 2X miles at restaurants, on select streaming services & all other travel, 1X on all other purchases
- Earn 3X miles on United Airlines purchases
- Earn 2X miles at restaurants and on select streaming services
- Earn 2X miles on all other travel
- Earn 1X mile on all other purchases
- Each year, receive a $125 credit on United® purchases and two 5k-mile anniversary award flight credits. Terms apply.
If you’re a United Airlines flyer, you’re spoiled for choice right now with a whopping five Chase United credit cards with increased bonuses to pick from. Because United miles don’t expire, it’s a great time to earn more United MileagePlus miles for a trip when you’re ready to travel again.
Read more: The best airline credit cards of 2021
This includes the new New United Quest℠ Card, which is a great option if you check luggage on United flights frequently — it offers two free checked bags for yourself and a companion when you use the card to pay for your ticket (or the taxes and fees on an award ticket).
Meanwhile, Southwest fans have another reason to look at the three personal Southwest cards. The Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, and Southwest Rapid Rewards® Priority Credit Card are each offering an increased bonus of 65,000 points after you spend $2,000 on purchases in the first 3 months.
Annual Fee
$89 (waived the first year)
Regular APR
15.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} – 22.99{ffe0afc3723be1abfdcff2272b490245f37403ad5880287a5cb59aa23febe4c5} Variable
Credit Score
Good to Excellent
Featured Reward
150,000 bonus points after spending $3,000 on purchases within the first three months of account opening
Pros
- Anniversary reward night can be worth more than the annual fee
Cons
- Could offer better rewards on non-IHG purchases
- Earn 150,000 bonus points after spending $3,000 on purchases within the first three months of account opening
- Enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a reward night when you redeem points for any stay of 4 or more nights
- Earn up to 25 points total per $1 spent when you stay at an IHG hotel
- Earn 2 points per $1 spent on purchases at gas stations, grocery stores, and restaurants. Earn 1 point per $1 spent on all other purchases
- Platinum Elite status as long as you remain a Premier card member
- Global Entry or TSA Pre✓® Fee Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
- IHG Rewards Club Bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
Read Our Review
Several hotel credit cards are offering increased bonuses — including all-time-high points offers on the IHG® Rewards Club Premier Credit Card, Hilton Honors American Express Card, and Hilton Honors American Express Surpass® Card
.
Read more: The best hotel credit cards of 2021
There’s also a limited-time 100,000-point offer on the Marriott Bonvoy Boundless™ Credit Card to consider. Keep in mind that most hotel chains, including Marriott and Hilton, have temporarily paused points expiration due to the pandemic, so there’s no harm in earning points now for a vacation down the road.
Jasmin Baron is an associate editor at Personal Finance Insider, where she helps readers maximize rewards and find the best credit cards to fit their lifestyles. She has covered credit cards, points and miles, and loyalty programs for over seven years, and she’s a Certified Educator in Personal Finance (CEPF).
