Best Credit Card Offers Right Now [January 2022]
I receive compensation for content and many links on this blog. Citibank is an advertising…
I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available — instead focusing on miles, points, and cash back (and currencies that can be converted into the same). Terms apply to the offers and benefits listed on this page.
The biggest credit card offers are the quickest, easiest way to earn a large amount of miles and jump start your travel. These are the most lucrative. There are several new best-ever and limited-time offers that have come out over the last several weeks. Many of the offers on this list are new.
Every month I post what I find are the biggest credit card offers out there. Some of last month’s biggest credit card offers are gone or changed. What excites me is that card rewards really seem to be on the upswing in a big way. Now is the time to apply.
Here’s the current up to date list of biggest credit card offers right now – the most lucrative bonuses available. And here are easy ways to meet the minimum spend required by some of the offers.
Here are the cards I consider to be the biggest credit card offers with rich bonuses right now:
Earning is 3 Points per $1 spent at Restaurants and Supermarkets, 3 Points per $1 spent at Gas Stations, Air Travel and Hotels; 1 Point per $1 spent on all other purchases. Points can be transferred to a variety of airline frequent flyer programs. And once per calendar year you can receive $100 off a single hotel stay of $500 or more (excluding taxes and fees) booked through thankyou.com (also new).
This card’s Citibank ThankYou points transfer to:
- Star Alliance: Singapore Airlines KrisFlyer, EVA Air Infinity MileageLands, Thai Airways Royal Orchid Plus, Turkish Airlines Miles&Smiles, Avianca LifeMiles
- SkyTeam: Air France-KLM
- oneworld: Cathay Pacific Asia Miles, Malaysia Airlines Enrich, Qatar Airways Privilege Club, Qantas Frequent Flyer
- Non-alliance: Etihad Airways Guest, Virgin Atlantic Flying Club, jetBlue, InterMiles (formerly JetPrivilege)
- Hotels: Choice Privileges, Wyndham Rewards
You get a free first and second checked bag on United; Premier Access like priority check-in, security, boarding; eligibility for elite upgrades on award tickets, including for companions; a 10% discount on certain economy award tickets; IHG One Rewards Platinum status; and a 10,000 mile bonus with joining CLEAR.
The card comes with elite status through December 2023 ($15k annual spend keeps it) and $50,000 spend in a year bumps you up a level from whatever you earn for the next calendar year.
They’re introducing Pay Yourself Back with the card starting this year allowing members to apply points towards travel expenses charged to the card at 1.25 cents apiece in value up to 50,000 points per calendar year.
It earns 3 points per dollar on the first $150,000 spent each year on travel — that’s airlines, hotels, rental cars, tolls, even Uber — and shipping and advertising on social media and search engines, so great for anyone who advertises on Facebook or Twitter, or who spends money advertising with Google. It also comes with $600 protection against theft or damage when you use it to pay your cell phone.
- The Ink Business Unlimited® Credit Card has an initial bonus offer to earn $$900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.
Your ongoing spend will earn unlimited 1.5% cash back on every purchase made for your business.
- The Ink Business Cash® Credit Card has an offer to earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.
Ongoing earn is rich especially 5x categories: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; earn 1% cash back on all other card purchases with no limit to the amount you can earn.
Think of both of these offers as 90,000 points, which – if you have an Ultimate Rewards card whose points transfer to airline miles and hotel points – can be combined into one of Chase’s annual fee Ultimate Rewards products, and then transferred to a variety of loyalty program partners.
The card earns unlimited 2X miles on purchases – and 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel.
You’ll receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you’ll get our best prices on thousands of options. And you’ll get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary. With this card you can access the Capital One Lounge as well as Priority Pass lounges.
You can also always check to see if you’re targeted for an even bigger offer using the CardMatch tool.
The card is clearly worth getting on the basis of this new offer alone. However I keep my card and consider it worth the annual fee (See rates and fees) based on up to a $200 annual Uber credit; up to $200 annual airline fee credit (Southwest has been my airline of choice for this, enrollment required); up to $100 annual Saks credit (enrollment required, up to $50 semi-annually); and lounge access (Centurion, Delta, Priority Pass which cardmembers need to request, Plaza Premium) and Hilton and Marriott Gold statuses, which you can register for. Plus there’s a slate of new additional benefits.
The card offers first checked bag on domestic American Airlines itineraries. There’s preferred boarding on American Airlines flights as well. And each eligible mile earned from purchases also earns a Loyalty Point towards elite status.
Points transfer to United, Hyatt, Southwest, British Airways, Virgin Atlantic, Singapore Airlines, JetBlue, Air France KLM, Emirates, JetBlue, Iberia, Aer Lingus, Marriott Rewards, and IHG One Rewards. Probably the best all-around credit card, certainly for getting started in the hobby, and with a great initial bonus.
In fact since it seems easier to get approved for than Reserve, a great strategy if you want Sapphire Reserve is to get the Sapphire Preferred card and ask Chase to product change in a year. In general Chase doesn’t approve this card for folks who have signed up for 5 or more new card accounts in the past 24 months, it’s the first card you should apply for. (The same applies to the rest of the Chase cards on this list, too.)
The card comes with one Free Night Award each year after card renewal month that can be used for one night (redemption level at or under 85,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy. This is up from a 50,000 point free night certificate previously. And you receive up to $300 per calendar year (up to $25 back per month) for dining purchases at restaurants worldwide and up to a $100 property credit for qualifying charges at Ritz-Carlton or St. Regis properties (requires booking direct with applicable rate for a 2+ night stay, and is based on the member rate).
In other words it’s a great card even aside from the initial bonus however right now there’s a best-ever bonus for the card. In the past there’s been a standard 35,000 point offer, and there have been targeted and referral offers that would come and go for more. But right now American Express has a big 60,000 point offer which is amazing: Earn 60,000 Membership Rewards points after $4,000 spend on eligible purchases within the first 6 months.
This is a $250 annual fee card (see rates and fees). I value Membership Rewards points at 1.8 cents apiece, largely because of their wide array of transfer partners many of which offer exceptional value:
- Star Alliance: Aeroplan, ANA, Singapore, Avianca
- oneworld: AsiaMiles, British Airways, Iberia, Qantas
- SkyTeam: Aeromexico,Air France KLM, Delta
- Non-alliance: Etihad, Emirates, Hawaiian, JetBlue, Aer Lingus, Virgin Atlantic
- Hotels: Choice, Hilton, Marriott
The card earns More Rewards: Get 4X Membership Rewards® points on the 2 select categories where your business spent the most each month. 1X is earned for other purchases. 4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year. Terms apply. Eligible categories are: airfare purchased directly from airlines; U.S. purchases for advertising in select media; U.S. purchases at gas stations; U.S. purchases for shipping; U.S. computer hardware, software, and cloud computing purchases made directly from select providers.
This is a $295 annual fee card. Terms apply. See rates and fees.
Every calendar year you make $30,000 in purchases on your British Airways Visa card, you’ll earn a Travel Together Ticket good for two years (which can now be used for 50% off a solo traveler’s Avios required for an award if you prefer that over 100% off of a companion). Cardholders receive a 10% off British Airways flights starting in the US when you book through the website provided in your welcome materials.
Chase issues not just the British Airways card but also sister Aer Lingus and Iberia products and they each have similar bonus offers.
- Aer Lingus Visa Signature® Card has an offer to earn up to 100,000 Avios. Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening and earn an additional 25,000 Avios after you spend $20,000 in the first 12 months of account opening.
- Iberia Visa Signature® Card has an offer to earn up to 100,000 Avios. Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening and earn an additional 25,000 Avios after you spend $20,000 in the first 12 months of account opening.
Active Avios accounts can transfer points between them, so it’s possible to pool points across the Iberia, British Airways and Aer Lingus programs.
Think there’s a card that belongs on this list but isn’t here, leave a comment!