August 17, 2022

Best Credit Card Deals and Bonuses This Week: July 11, 2022

If you’re planning a late-summer road trip or looking ahead to Thanksgiving travels, now’s the…

Best Credit Card Deals and Bonuses This Week: July 11, 2022

If you’re planning a late-summer road trip or looking ahead to Thanksgiving travels, now’s the time to open a new credit card to earn rewards you can use to offset your expenses.

We’re currently seeing elevated bonuses from Chase, American Express, and Citi, and there are dozens of other lucrative offers currently available. These include increased bonuses and even brand-new cards from major card issuers.

Many of these credit cards are offering record-high welcome bonuses of 100,000 points or more — but some are only available for a limited time.

Credit card news this week

It’s your very last chance to earn the near-record-high bonuses on three Southwest personal cards. Until today, July 11, the Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, and Southwest Rapid Rewards® Priority Credit Card have welcome bonus offers of 75,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening. That’s worth $1,050 in flights, based on Insider’s valuations, and points you earn from these cards count toward the Southwest Companion Pass. 

If you’re looking to earn the most cash back from your Amazon Prime Day shopping, the Amazon Prime Rewards Visa Signature Card is worth a look. It’s currently offering an elevated bonus of a $200 Amazon gift card instantly upon approval for a limited time, and cardholders with an eligible Amazon Prime Membership can earn 6% back on Amazon purchases on


Prime Day

. Here’s our Amazon credit card review with all the details.

Chase has sweetened the welcome bonus offer on the IHG® Rewards Premier Credit Card. New cardholders can now earn 140,000 bonus points and 1 free night after spending $3,000 on purchases in the first 3 months from account opening. The points from the bonus are worth around $980, based on Insider’s valuations, and the free night is valid at hotels that cost up to 40,000 points (worth up to $280 according to our valuations). You can find out more in our IHG Rewards Premier card review.

If you’re not loyal to a single hotel program, the new elevated welcome bonus offer on the Hotels.com®️ Rewards Visa®️ Credit Card could be a better fit. You can now earn 2 reward nights (each worth up to $125) after spending $1,000 on purchases in the first 3 months from account opening and a third reward night (worth up to $125) after spending $4,000 on total purchases in the first 6 months from account opening. Be sure to read our Hotels.com credit card review to see if it’s right for you.

Here are some of the best credit card offers to consider this week.

Flexible rewards credit card bonuses


Regular APR


17.49% – 25.49% Variable


Recommended Credit Score


Good to Excellent


Regular APR


17.49% – 25.49% Variable


Recommended Credit Score


Good to Excellent

More Information

  • For a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • Earn 1 Point per $1 spent on all other purchases
  • Annual Hotel Savings Benefit
  • 80,000 Points are redeemable for $800 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases

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:

  • Transferring points to airline and hotel partners
  • Redeeming points directly for travel at a fixed rate
  • Turning points into cash back or statement credits
  • Cashing in points for gift cards, merchandise, and more

The Chase Sapphire Preferred® Card has long been one of the most popular travel rewards cards. New cardholders can earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening — an excellent value for a modest $95 annual fee. 

The Chase Sapphire Preferred® Card comes with outstanding travel and purchase protections, along with useful perks that include up to $50 in annual credits toward hotels booked through Chase and a 10% points bonus on your account anniversary. Here’s our full Chase Sapphire Preferred review for all the details.

However, if you’re looking for a premium card, the Chase Sapphire Reserve® is worth considering with its lucrative new offer to earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. You can find out more in our Chase Sapphire Reserve review.

If you missed out on the 100,000-mile Capital One Venture X Rewards Credit Card bonus that ended recently, there’s still good reason to consider the card. The new offer to earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening is worth $750 in travel when you redeem miles at a rate of 1 cent each to erase eligible travel bookings. But you could potentially get even more value when you transfer Capital One miles to airline and hotel partners for award travel.

Our favorite under-the-radar card is the Citi Premier® Card. It offers excellent earnings in categories that fit well whether you’re sticking close to home or on the road — 3x points on air travel, gas stations, restaurants, supermarkets, and hotels, and 1 point per dollar on everything else. Right now it’s offering a record-high bonus of 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening (worth $1,280 based on Insider’s valuations).

Another excellent deal is one of the best cards with premium travel and shopping benefits, The Platinum Card® from American Express
. You can currently earn 100,000 Membership Rewards points after you spend $6,000 in your first 6 months of card membership — here’s our Amex Platinum card review to learn more.

Small-business credit card bonuses


Regular APR


16.74%–21.74% variable APR


Recommended Credit Score


Good to Excellent


Regular APR


16.74%–21.74% variable APR


Recommended Credit Score


Good to Excellent

More Information

  • 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% 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.

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.

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 six-figure bonuses after meeting minimum spending requirements, and, depending on how you redeem them, you could get a value of $2,160 for the The Business Platinum Card® from American Express and $1,800 for the Ink Business Preferred® Credit Card.

Cash-back credit card bonuses


Regular APR


15.49% – 25.49% Variable


Recommended Credit Score


Good to Excellent


Regular APR


15.49% – 25.49% Variable


Recommended Credit Score


Good to Excellent

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

Read Our Review
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More Information

  • Earn a $350 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a fixed monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% intro APR for 12 months on purchases from the date of account opening, then a variable rate, 15.49% to 25.49%
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • $95 Annual Fee.
  • Terms Apply.
  • See Rates & Fees

Our top pick for the best cash-back credit card overall, the Wells Fargo Active Cash® Card, is a good pick if you prefer a strong 2% cash rewards rate on your purchases. Other excellent options, like the Chase Freedom Flex℠, Chase Freedom Unlimited®, and the Citi Custom Cash℠ Card, aren’t exclusively cash-back cards (though they’re marketed that way) — and they, too, are worth considering.

But right now, the Blue Cash Preferred® Card from American Express has an elevated welcome bonus offer that can help you offset some of your upcoming expenses. New cardholders can earn a $350 statement credit after you spend $3,000 in purchases on your new card within the first 6 months from account opening. 

You’ll also earn 6% cash back on your first $6,000 in U.S. supermarket spending each year (then 1% back), 6% cash back on select U.S.


streaming

services, 3% back on U.S. gas stations and transit, and 1% back on all other eligible purchases (cash back is earned in the form of Rewards Dollars). 

Airline credit card bonuses


Regular APR


17.24% – 24.24% Variable


Recommended Credit Score


Good to Excellent


Regular APR


17.24% – 24.24% Variable


Recommended Credit Score


Good to Excellent

Pros

  • Substantial sign-up bonus of up to 80,000 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

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More Information

  • Earn 80,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open.
  • $250 Annual Fee
  • Earn 3x miles on United® purchases, 2x miles on dining, select streaming services & all other travel, 1x on all other purchases
  • Earn 3x miles on United® purchases
  • Earn 2x miles on dining and 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.

A whopping six Delta credit cards are offering excellent elevated welcome bonus offers for a limited time. Delta miles don’t expire, so even if you don’t have immediate travel plans, it’s a good time to stock up:

  • Delta SkyMiles® Gold American Express Card — 70,000 bonus miles after you spend $2,000 in purchases on your new card in your first 3 months (offer ends 8/3/22) 
  • Delta SkyMiles® Platinum American Express Card — 90,000 bonus miles after you spend $3,000 in purchases on your new card in your first 3 months (offer ends 8/3/22) 
  • Delta SkyMiles® Reserve American Express Card — 100,000 bonus miles after you spend $5,000 in purchases on your new card in your first 3 months (offer ends 8/3/22) 
  • Delta SkyMiles® Gold Business American Express Card — 75,000 bonus miles after spending $3,000 in purchases on your new card in your first 3 months of card membership (offer expires 8/3/22) 
  • Delta SkyMiles® Platinum Business American Express Card — 100,000 bonus miles after spending $4,000 in purchases on your new card in your first 3 months of card membership (offer expires 8/3/22) 
  • Delta SkyMiles® Reserve Business American Express Card — 110,000 bonus miles after spending $6,000 in purchases on your new card in your first 3 months of card membership (offer expires 8/3/22)

If you fly United often, the new offer on the United Quest℠ Card is worth considering: 80,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open. The United℠ Explorer Card and its elevated welcome bonus offer are also great deal for casual and frequent United travelers. This card comes with a free checked bag on United flights (when you use the card to pay for your ticket), priority boarding, two one-time United Club passes each year, and excellent travel and purchase protections. 

Be sure to check out the new intro offer on the three personal Southwest cards. For a limited time, you can earn 75,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening. If you’re trying to earn the Southwest Companion Pass in 2022, these welcome bonus offers can get you halfway to the 125,000 points you’ll need to qualify.

The new Aeroplan® Credit Card isn’t just for Air Canada flyers — along with a hefty welcome bonus offer, it comes with great bonus categories, spending bonuses, and will soon offer the unique ability to redeem up to 50,000 Aeroplan points per year at a rate of 1.25 cents apiece toward any travel purchase through Chase Pay Yourself Back.

Hotel credit card bonuses


Regular APR


16.74% – 23.74% Variable


Recommended Credit Score


Good to Excellent


Regular APR


16.74% – 23.74% Variable


Recommended Credit Score


Good to Excellent

More Information

  • Earn 140,000 Bonus Points + 1 Free Night after spending $3,000 on purchases in the first 3 months from 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 3 or more nights
  • Earn up to 26 points total per $1 spent when you stay at an IHG hotel
  • Earn 5 points per $1 spent on purchases on travel, gas stations, and restaurants. Earn 3 points per $1 spent on all other purchases
  • Platinum Elite status as long as you remain a Premier card member
  • Global Entry, TSA PreCheck® or NEXUS Statement Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
  • IHG Rewards bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®

IHG fans now have three co-branded credit cards to choose from, and they’re all offering excellent bonuses:

  • IHG® Rewards Premier Credit Card — 140,000 bonus points and 1 free night after spending $3,000 on purchases in the first 3 months from account opening (elevated offer)
  • IHG® Rewards Traveler Credit Card — 80,000 bonus points after spending $2,000 on purchases within the first three months of account opening
  • IHG® Rewards Premier Business Credit Card — 140,000 bonus points after spending $3,000 on purchases in the first 3 months from account opening (new card)

The Marriott Bonvoy Boundless® Credit Card currently offers a welcome bonus offer of 5 free nights (each worth up to 50,000 points) after spending $5,000 on purchases in your first 3 months from account opening. Insider estimates that Marriott points are worth 0.7 cents each, making this bonus potentially worth $1,750. Plus, now that Marriott allows members to top-up reward certificates with up to 15,000 points, these certificates are much more versatile — and therefore valuable.

If you prefer a no-annual-fee card, the new Marriott Bonvoy Bold® Credit Card offer is worth a look. New cardholders can earn 60,000 bonus points after you spend $2,000 on purchases in your first 3 months from your account opening — worth $420 based on Insider’s valuations.

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. Additionally, Hilton permanently extended its points expiration window to 24 months (from 15 months).