August 11, 2022

Best Credit Card Deals and Bonuses This Week: May 16, 2022

As airfare and hotel costs are increasing with the busy summer travel season approaching, it’s…

Best Credit Card Deals and Bonuses This Week: May 16, 2022

As airfare and hotel costs are increasing with the busy summer travel season approaching, it’s an excellent time to boost your points, miles, and cash back balances by opening a new credit card. There are dozens of lucrative offers currently available — including increased bonuses and even brand-new cards from major card issuers. Many are record-high welcome bonuses of 100,000 points or more — but some are only available for a limited time.

There are only a couple of days left to take advantage of elevated bonuses on two Amex Marriott cards. Until May 18, 2022, the premium Marriott Bonvoy Brilliant™ American Express® Card is offering 100,000 bonus points and 1 Free Night Award after making $5,000 in purchases on your new card within the first 3 months. And if you’re a small-business owner, be sure to check out the Marriott Bonvoy Business™ American Express® Card, which is offering 100,000 bonus points after using your card to make $5,000 in eligible purchases within the first 3 months of card membership (offer ends 5/18/22). 

If you have any Aeroplan credit card, including the Aeroplan® Credit Card from Chase,  you can now take advantage of a promotion to extend your Aeroplan elite status through the end of 2023 by spending on your card. This comes on the heels of another offer for cardholders to get a 10% bonus on Ultimate Rewards transfers to Aeroplan through the end of 2023.

Hyatt aficionados now have even more options for redeeming points with the addition of 52 more all-inclusive resorts to the brand’s portfolio. You can earn Hyatt points directly from The World Of Hyatt Credit Card
and World of Hyatt Business Credit Card, or transfer Chase Ultimate Rewards points at a 1:1 ratio to Hyatt with cards like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or Ink Business Preferred® Credit Card.

The return of a huge offer on the much-loved Chase Sapphire Preferred® Card comes at a great time for folks who are looking to book travel later this year. For a limited time, you can earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s worth $800 in cash back, $1,000 in travel booked through Chase, or $1,440 or more when you transfer points to Chase’s airline and hotel partners for award travel.

Don’t forget about the excellent offer on The Platinum Card® from American Express
to earn 100,000 Membership Rewards points after you spend $6,000 in your first 6 months of card membership. Amex has added numerous new benefits that can more than offset the annual fee — including statement credits for Walmart+ membership** and SoulCycle at-home bike purchases. Most recently, the Amex Platinum added Disney+, Hulu, and ESPN+ to its roster of


streaming

services eligible for its digital subscription credit**.

The Business Platinum Card® from American Express
got a makeover, too, adding an elevated welcome bonus of 120,000 Membership Rewards® points after spending $15,000 on eligible purchases with your card within the first 3 months of card membership and new or improved statement credits for wireless, Indeed, Adobe, and Dell purchases.

As new offers keep rolling out, you’ve got an excellent opportunity to take advantage of an increased credit card bonus now, so you’re set up with points you can use for travel whenever you’re ready to hit the road again.

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

Flexible rewards credit card bonuses


Regular APR


See Pay Over Time APR


Recommended Credit Score


Good to Excellent


Regular APR


See Pay Over Time APR


Recommended Credit Score


Good to Excellent

Pros

  • Long list of travel benefits, including airport lounge access and complimentary elite status with Hilton and Marriott (enrollment required)
  • Annual statement credits with Saks and Uber

Cons

  • Bonus categories leave something to be desired
  • One of the highest annual fees among premium travel cards

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More Information

  • Earn 100,000 Membership Rewards® points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 back each month on eligible purchases made with your Platinum Card® on one or more of the following: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. There are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.

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, and right now it’s got a bonus that’s 20,000 points higher than the usual offer. New cardholders can earn 80,000 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.

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. 

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


16.24%–21.24% variable APR


Recommended Credit Score


Good to Excellent


Regular APR


16.24%–21.24% 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 $1,250 for the Ink Business Preferred® Credit Card.

Cash-back credit card bonuses


Annual Fee


$0 intro for the first year, then $95


Regular APR


14.74% – 24.74% Variable


Recommended Credit Score


Good to Excellent


Annual Fee


$0 intro for the first year, then $95


Regular APR


14.74% – 24.74% 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

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More Information

  • Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • $0 intro annual fee for the first year, then $95.
  • 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 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% for 12 months on purchases from the date of account opening, then a variable rate, 14.74% to 24.74%
  • 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.
  • Terms Apply.

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℠, Chase Freedom Unlimited®, and the Citi Custom Cash℠ Card, aren’t exclusively cash-back cards (though they’re marketed that way).

Right now, the Blue Cash Preferred® Card from American Express has an elevated welcome bonus that can help you offset some of your upcoming expenses. New cardholders can earn a $300 statement credit after spending $3,000 in purchases on your new card within the first 6 months. 

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


Annual Fee


$0 intro annual fee for the first year, then $95


Regular APR


16.74% to 23.74% Variable


Recommended Credit Score


Good to Excellent


Annual Fee


$0 intro annual fee for the first year, then $95


Regular APR


16.74% to 23.74% Variable


Recommended Credit Score


Good to Excellent

Pros

  • Annual fee is waived the first year
  • Earns bonus miles on several purchase categories, including dining
  • Includes an application fee credit for Global Entry or TSA PreCheck
  • Gets you a free checked bag on United when you pay with the card

Cons

  • Not the most rewarding card for most non-United travel purchases


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More Information

  • Earn up to 70,000 bonus miles. Earn 60,000 bonus miles after you spend $3,000 on purchases in the first 3 months your account is open. Plus, earn an additional 10,000 miles after you spend $6,000 total on purchases in the first 6 months your account is open.
  • $0 introductory annual fee for the first year, then $95.
  • Earn 2 miles per $1 spent on dining, hotel stays, and United® purchases
  • Up to $100 Global Entry or TSA PreCheck® fee Credit
  • 25% back on United® inflight purchases
  • Check your first bag for free (a savings of up to $140 per roundtrip) when you use your card to purchase your ticket
  • Enjoy priority boarding privileges and visit the United ClubSM with 2 one-time passes each year for your anniversary
  • Earn 2 miles per $1 spent on dining including eligible delivery services

The United℠ Explorer Card and its elevated welcome bonus are a 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. 

The new Aeroplan® Credit Card isn’t just for Air Canada flyers — along with a hefty welcome bonus, 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


16.49% – 25.49% Variable APR


Recommended Credit Score


Good to Excellent


Regular APR


16.49% – 25.49% Variable APR


Recommended Credit Score


Good to Excellent

More Information

  • Earn 100,000 Marriott Bonvoy bonus points and 1 Free Night Award after you use your new Card to make $5,000 in purchases within the first 3 months.
  • Enjoy up to $300 in statement credits each year of Card Membership for eligible purchases at hotels participating in the Marriott Bonvoy™ program.
  • Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. 3 points at U.S. restaurants and on flights booked directly with airlines. 2 points on all other eligible purchases.
  • Receive 1 Free Night Award every year after your Card renewal month. Award can be used for one night (redemption level at or under 50,000 Marriott Bonvoy points) at a participating hotel. Certain hotels have resort fees.
  • Enjoy unlimited airport lounge visits when you enroll in Priority Pass™ Select membership.
  • No Foreign Transaction Fees.
  • $450 Annual Fee.
  • Terms Apply.
  • See Rates & Fees

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 after spending $3,000 on purchases in the first 3 months from account opening
  • IHG® Rewards Traveler Credit Card — 120,000 bonus points after spending $2,000 on purchases within the first three months of account opening (all-time-high offer)
  • 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)

There are also several great options for folks who stay with Marriott hotels. The premium Marriott Bonvoy Brilliant™ American Express® Card just launched a compelling new bonus of 100,000 bonus points and 1 Free Night Award after making $5,000 in purchases on your new card within the first 3 months. The free night that comes with the bonus is valid at Marriott Bonvoy properties that cost up to 85,000 points.

This card is best suited to frequent travelers because it comes with upscale perks including up to $300 in annual statement credits toward purchases at participating Marriott Bonvoy properties, Gold elite status, and airport lounge access. There’s a $450 annual fee (See Rates).

The Marriott Bonvoy Boundless® Credit Card currently offers a welcome bonus of 3 free nights (each worth up to 50,000 points) after spending $3,000 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 $1,050. 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.

Small-business owners who like Marriott can also consider the Marriott Bonvoy Business™ American Express® Card, with a bonus of 100,000 bonus points after using your card to make $5,000 in eligible purchases within the first 3 months of card membership (offer ends 5/18/22). 

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).