Best Credit Card Sign-Up Bonuses for April 2020 - Test

Methodology

Forbes compared the top rewards and travel credit cards available today to come up with this ranking of the best credit card welcome bonuses. Beyond the bonus itself, we compared rewards programs to make sure we chose cards with a valuable points redemption rate. We also spent time comparing credit cards in terms of their annual fees, mostly to make sure any fees charged were justifiable based on cardholder benefits offered. We came up with a list of the top credit card offers with welcome bonuses that are easy to earn and valuable for most consumers.

Most frequently asked questions

How credit cards work ?

The idea behind credit cards is simple: When you use a credit card, you are borrowing money to pay for something. Later on, you must repay what your borrowed. If you take time to pay it back (rather than pay it in full when your credit card statement comes), you’ll be charged interest. The whole credit cards industry rests on this basic premise.

A basic credit card transaction works like this:

What's the difference between Visa and Mastercard?

This is one of the most common questions about credit card companies. Just about every place that takes credit cards takes both Visa and Mastercard, with only a couple of exceptions (such as Visa-only Costco), so consumers are left wondering whether there’s a difference at all.

The most important thing to remember is that neither Visa nor Mastercard issues credit cards. These companies are just payment networks that process transactions. Most of the benefits that come with a card are provided by the card issuer, not the network. And since their acceptance rates are nearly identical, you’re better off focusing on the features of individual cards rather than which network they operate on. Read more about Visa vs. Mastercard.

What's the lowest interest rate on any credit card?

If the goal is realistic, the final step is establishing a time frame for achieving it. Using this process to set money goals for yourself can act as an incentive to break away from the paycheck to paycheck mold and improve your financial situation.

How many credit cards should you have?

If the goal is realistic, the final step is establishing a time frame for achieving it. Using this process to set money goals for yourself can act as an incentive to break away from the paycheck to paycheck mold and improve your financial situation.If the goal is realistic, the final step is establishing a time frame for achieving it. Using this process to set money goals for yourself can act as an incentive to break away from the paycheck to paycheck mold and improve your financial situation.

What's the best credit card company?

HTML Table

If the goal is realistic, the final step is establishing a time frame for achieving it. Using this process to set money goals for yourself can act as an incentive to break away from the paycheck to paycheck mold and improve your financial situation.

Company	Contact	Country	Country	Country	Country	Country	Country
Alfreds Futterkiste	Maria Anders	Germany	Alfreds Futterkiste	Maria Anders	Germany	Maria Anders	Germany
Centro comercial Moctezuma	Francisco Chang	Mexico	Alfreds Futterkiste	Maria Anders	Germany	Maria Anders	Germany
Ernst Handel	Roland Mendel	Austria	Alfreds Futterkiste	Maria Anders	Germany	Maria Anders	Germany
Island Trading	Maria Anders	Germany	Helen Bennett	UK	Alfreds Futterkiste	Maria Anders	Germany
Laughing Bacchus Winecellars	Yoshi Tannamuri	Canada	Alfreds Futterkiste	Maria Anders	Germany	Maria Anders	Germany
Magazzini Alimentari Riuniti	Giovanni Rovelli	Italy	Alfreds Futterkiste	Maria Anders	Germany	Maria Anders	Germany

Which is the best Credit card?

Sapphire Chase is one of the best credit card with good apr and good credit.

Best Credit Card Sign-Up Bonuses

The Chase Sapphire Reserve® offers 50,000 Chase Ultimate Rewards points when you spend $4,000 on your card within three months of account opening. These points can be worth more if you transfer them to airline and hotel partners, but you’ll be able to redeem them for $750 in travel through the Chase portal.

Rewards: Earn 3 Ultimate Rewards points per dollar spent on travel and dining and 1 Ultimate Rewards point per dollar on all other purchases, as well as 10 points per dollar on Lyft purchases

Welcome Offer: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

Annual Fee: $450

Benefits and Drawbacks: While the Chase Sapphire Reserve® does charge a $550 annual fee, you receive a ton of valuable perks including airport lounge access, a $300 annual travel credit, and a credit up to $100 for TSA PreCheck or Global Entry. You also get a DashPass membership that includes free delivery with DoorDash on orders of $12 or more, and you get $120 in DoorDash credits—$60 in 2020 and $60 in 2021.

This bonus is worth a minimum of $750 when you redeem your points for travel, but you could get more value our of your rewards if you transfer them to Chase’s travel partners like Southwest, United MileagePlus, Marriott Bonvoy and World of Hyatt. You can cash in points for gift cards, merchandise or statement credits at a rate of one cent per point, making the bonus worth $500 for these options.

As a final thought for this card, we like the fact you earn 3 Ultimate Rewards points per dollar on travel and dining in addition to 1 Ultimate Rewards point on other purchases. This rewards rate bonus can help you rack up points fast, and there are no limits on the bonus points you can

How to Pick the Best Credit Card Sign-Up Bonus

The welcome bonuses we highlighted above are the best ones available right now, but you can’t earn them all—and especially not all at once. These tips can help you figure out which signup bonus to pursue right away.

Compare cards in terms of their minimum spending requirements. You should figure out how much you normally spend on plastic each month before you sign up for a card in order to earn a welcome bonus. Where some cards require you to spend thousands of dollars to earn their bonuses within three months, others have much lower thresholds to meet. You’ll want to make sure you can earn a bonus through regular, organic spending or the effort won’t be worth it. After all, you don’t want to be stuck in a position where you have to buy stuff you don’t need to earn a welcome bonus.
Figure out the type of rewards you want to earn. Also compare cards in terms of their rewards programs. Do you want to earn rewards for travel or cash-back and gift cards? Some flexible rewards credit cards let you earn points that can be redeemed for several options, so make sure to check.
Look at annual fees. Also see how cards stack up in terms of their annual fees. Cards with higher fees tend to have a lot of perks that make the annual fee worth it, but you’ll need to think over the benefits and how you could potentially use them. If in doubt, consider rewards credit cards with a low annual fee or no annual fee.
Decide whether you want a personal card or a business credit card. Finally, decide whether you want a personal credit card or a business credit card that earns cash back or travel rewards. You can also pick up both types of cards for their welcome bonuses, but you’ll want to stagger them so you’re not stuck meeting multiple minimum spending requirements at once.