Best Credit Card Welcome Bonuses Right Now

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Rewards credit cards don’t just offer you valuable points, miles and cash back when you make new purchases — these cards can also give you welcome bonuses that can be worth hundreds of dollars in points, miles or cash back. And these days, that flexibility is key.

To receive these one-time bonuses, you must open a new account and meet a minimum spending requirement. Sometimes, there are multiple spending requirements to receive the complete amount of points or miles.

Card issuers offer these attractive welcome bonuses as an incentive to get you to try their products, with the hope that you’ll decide to be a long-term customer.

Top Credit Card Welcome Bonuses: Team Clark’s Picks

I’ve looked at all of the cards offered by the major card issuers and narrowed them down to the best welcome bonus offers available now:

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  1. Capital One Savor Cash Rewards Credit Card
  2. Blue Cash Preferred from American Express
  3. Chase Sapphire Preferred
  4. Citi Premier Card
  5. American Express Gold Card
  6. Bank of America Premium Rewards

Remember, rewards credit cards are for people who avoid interest charges by always paying their statement balance in full.

If you ever need to carry a balance, then you shouldn’t worry about earning rewards and should instead focus on finding a low-interest credit card. This aligns with Clark’s credit card philosophy.

You should also avoid using a credit card to make unnecessary purchases or incur debt, especially in pursuit of a bonus.

Some of the credit cards with the best welcome offers also have annual fees, which may be waived for the first year. I recommend giving these cards a fair chance to earn your business.

When the annual fee comes due, decide whether the card should be a long-term part of your wallet.

If you decide not to keep it, card issuers will always waive the annual fee if you close your account within 30 days of it being billed, and they may even offer to waive it if you agree to keep your account open.

Read on to compare our picks for best credit card welcome bonuses and let us know your favorite in the comments below…

Capital One® Savor® Cash Rewards Credit Card

A great card for those who spend enough on takeout dining and entertainment to justify the annual fee.
Welcome bonus $300 after spending $3,000 on purchases within three months of account opening
Rewards
  • 4% cash back or dining and entertainment
  • 2% at grocery stores
  • 1% elsewhere
Annual fee $95, waived the first year
Advantages
  • Huge welcome bonus
  • High rates of cash back on dining and at grocery stores
Drawbacks
  • High annual fee
  • 1% cash back outside of bonus categories

Learn More: Capital One Savor Cash Rewards


Blue Cash Preferred<sup>®</sup> Card

Blue Cash Preferred® Card from American Express

This card offers the highest rate of cash back at US supermarkets and on some streaming entertainment purchases. 
Welcome bonus Earn a $250 statement credit after spending $1,000 on purchases within three months of account opening
Rewards
  • 6% cash back on up to $6,000 spent each year at US supermarkets
  • Unlimited 6% cash back on purchases from select US streaming services
  • 3% cash back at U.S. gas stations and on transit purchases
Annual fee $95
Advantages
  • Strong welcome bonus
  • High rates of cash back at supermarkets, on streaming purchases, gas and transit
Drawbacks
  • Annual fee
  • 1% cash back outside of bonus categories

Learn More: Blue Cash Preferred® Card from American Express


Chase Sapphire Preferred

A popular travel rewards card that offers you valuable rewards that can be transferred to airline miles and hotel points, or redeemed for cash back. 
Welcome bonus 60,000 bonus points after spending $4,000 on purchases within three months of account opening; points are worth $600 in cash back or $750 in travel reservations
Rewards
  • 2x points for all travel and dining purchases, 1x elsewhere
  • Points can be redeemed for 1.25 cents each for travel booked through Chase, or transferred to airline and hotel partners
Annual fee $95
Advantages
  • Excellent value when used for travel and dining (including takeout)
  • Great flexibility to realize plenty of value from airline and hotel partners
Drawbacks $95 annual fee

Learn More: Chase Sapphire Preferred


Citi Premier Card

Citi Premier Card

This card offers ThankYou points, which can be redeemed for loan repayments, gift cards and travel. 
Welcome bonus Earn 60,000 bonus points after spending $4,000 on new purchases within three months of account opening.
Rewards
  • 3x points on travel including gas
  • 2x at restaurants (including takeout and delivery, plus entertainment.
  • 1x points on all other purchases
Annual fee $95
Advantages
  • These points are flexible and can be redeemed for gift cards, merchandise and loan repayments, not just travel
  • Strong bonus categories for restaurants and gas
  • Points can be transferred to airline miles if needed in the future
Drawbacks $95 annual fee

Learn More: Citi Premier Card


American Express<sup>®</sup> Gold Card

American Express Gold Card

This card offers a strong sign-up bonus, great rewards for groceries and benefits for takeout and delivery. 
Welcome bonus Earn 35,000 points after spending $4,000 on new purchases within three months of account opening.
Rewards
  • Earn 4x at restaurants, including takeout and delivery
  • Earn 4x on up to $25,000 spent each year at US supermarkets
  • $120 in dining credits each year, including with Grubhub and Seamless
Annual fee  $250
Advantages
  • Valuable welcome bonus
  • Strong rewards for spending on dining and groceries
  • Points are very flexible
Drawbacks $250 annual fee

Learn More: American Express Gold Card


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Bank of America Premium Rewards

This card offers points that can be redeemed for either cash back or travel statement credits.
Welcome bonus Earn 50,000 points, worth $500 in cash back, after spending $3,000 on purchases within 90 days of account opening
Rewards
  • Earn 2x points on travel and dining
  • 1.5x points elsewhere
Annual fee $95
Advantages
  • Welcome bonus worth $500 in cash back
  • Strong rewards for non-bonus purchases
  • Even better rewards for Bank of America Preferred Rewards members
Drawbacks Annual fee

Learn More: Bank of America Premium Rewards

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