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The best credit card signup bonuses come in several different flavors: cash back, gift cards, merchandise, or travel. But regardless of which type you prefer, the earning process is relatively the same: you have to meet a minimum spending requirement. Read our list of top credit card signup bonuses from each category of rewards cards to find the signup bonus that will benefit you the most, and apply online in minutes.

Summary

Best credit card signup bonus offers (2017)

The Simple Dollar’s best credit card signup bonus offers of 2017

Best overall

Chase Sapphire Preferred® Card
Redeem for... Statement credit, airfare, hotels, cruises, and more
Reward details 2X points on travel & dining; 1X on everything else

Signup bonus 50,000 points
Annual Fee $95 (Waived first year)
Highlights Provided by Chase Show Highlights
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
  • Issuer: Chase
  • Rewards Details: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
  • Sign Up Bonus: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Annual Fee: Introductory Annual Fee of $0 the first year, then $95
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 25.99% Variable
  • Foreign Transaction Fee: $0
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 16.99% - 23.99% Variable
  • Penalty APR: None

Our two cents

Who should get it

You want the most flexible redemption options possible. With the Chase Sapphire Preferred® Card, you can redeem points for cash back or gift cards at a value of one cent per point. Points can also be transferred to one of eleven hotel and airline partners (including United and Marriott) at a 1:1 ratio. Thirdly, you can turn points into travel via Chase Ultimate Rewards® to get a 25% points bonus. No other card offers this many redemption options at such a high value overall.

How to use it
  • Earn 2X points on travel and dining worldwide; 1X points per dollar on all other purchases.
  • Spend $4,000 on purchases within the first three months of opening your account to earn 50,000 bonus points ($625 toward travel when you redeem through Chase Ultimate Rewards®).
  • Transfer your points to 11 leading airline and hotel loyalty programs, or redeem them for travel, cash back, statement credits, gift cards, and more.
  • Pair it with the Chase Freedom® to maximize your earning potential and earn Chase Ultimate Rewards® travel rewards as fast as possible.
Consider this

This card comes with a $95 annual fee (waived the first year). If you aren’t willing to pay an annual fee, the Discover it® Miles, which has no annual fee or foreign transaction fees, could be a great alternative. Its reward structure is pretty straightforward: unlimited 1.5X miles per $1 you spend — that’s extra beneficial if your focus is to save miles to spend on travel, rather than earning points while you travel.

Why you'll love it

The Chase Sapphire Preferred® Card is the Swiss Army Knife® of credit cards with a focus on travel and dining. Plus, it has one of the most generous signup bonuses available. If you spend at least $4,000 on purchases within the first three months of opening your account, you’ll be rewarded with 50,000 points, which equates to $625 toward travel – as long as you redeem those points via Chase Ultimate Rewards® (which is a travel booking hub similar to Expedia or Kayak).

Start your application now

Best for everyday rewards

Blue Cash Preferred® Card from American Express
See Rates & Fees
Redeem for... Reward dollars that can be redeemed as a statement credit
Reward details 6% at U.S. supermarkets (for the first $6,000, then 1%); 3% at U.S. gas stations; 1% on other purchases (Terms apply)

Signup bonus $150
Annual Fee Special Offer: $0 intro annual fee for the first year of Card Membership, then $95.
Highlights Provided by American Express Show Highlights
  • $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • Special Offer: $0 intro annual fee for the first year of Card Membership, then $95.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) – that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.
  • See Rates & Fees
  • Issuer: American Express
  • Rewards Details: 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) – that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • Annual Fee: See Details
  • Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 26.24%
  • Foreign Transaction Fee: 2.7% of each transaction after conversion to US dollars.
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 13.99% - 24.99% Variable
  • Penalty APR: 29.99%

Our two cents

Who should get it

You spend a lot on groceries and gas. If you’re always running to the grocery store or filling up your tank, it’s difficult to find a better card than the Blue Cash Preferred® Card from American Express. With this card, you’ll earn a whoppping 6% cash back at U.S. supermarkets (for the first $6,000, then 1%) and 3% cash back at U.S. gas stations. Even if you only used the card for $6,000 worth of groceries, you’ll get $360 back in the form of a statement credit that you can use to cover any purchase you want — and that’s a great deal.

How to use it
  • Focus your spending at U.S. supermarkets and earn 6% cash back on up to $6,000 per year in purchases, then 1%.
  • Earn 3% cash back at U.S gas stations and select U.S. department stores, then 1% on everything else.
  • Redeem Rewards Dollars for statement credits, gift cards, and merchandise.
  • Spend $1,000 in purchases within the first three months to get the $150 statement credit that can be applied toward your balance.
Consider this

It’s important to note that the $95 annual fee on this card is waived the first year. (Compare with the Blue Cash Everyday® Card from American Express. It doesn’t have an annual fee, but the cash back percentage is lower.) Also, keep in mind you can only redeem your points for cash back as a statement credit. If your goal is earning points for travel, you might be better off with a different card.

Why you'll love it

If you buy a lot of groceries and gas, you’ll love the Blue Cash Preferred® Card from American Express. Not only does it have extremely high rewards rates for both categories; cardholders get to take advantage of extended warranty and purchase protection perks. And if you spend $1,000 on purchases in the first three months — one of the lower minimum spending requirements out there — you’ll receive a $150 statement credit signup bonus.

Start your application now

Best for luxury travelers

The Platinum Card® from American Express
See Rates & Fees
Redeem for... Statement credit, airfare, hotels, cruises, and more
Reward details 5X points for flights (Terms apply)

Signup bonus 60,000 points
Annual Fee $550
Highlights Provided by American Express Show Highlights
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • New! Up to $200 Uber Savings Annually.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More. Terms Apply.
  • $200 Airline Fee Credit, up to $200 a year in baggage fees and more at one airline. Terms Apply.
  • Terms Apply.
  • See Rates & Fees
  • Issuer: American Express
  • Sign Up Bonus: Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Annual Fee: See Details
  • Balance Transfer Fee: N/A*
  • Cash Advance APR: N/A
  • Foreign Transaction Fee: None
  • Introductory APR: See Details
  • Introductory Balance Transfer APR: N/A*
  • Ongoing APR: N/A
  • Penalty APR: N/A

Our two cents

Who should get it

Between earning 5x points per dollar spent on airfare, the $200 airline fee credit, and premium airport lounge access, it’s hard to imagine a better option for globetrotters than The Platinum Card® from American Express.

How to use it
  • Earn 5X Membership Rewards® points on flights booked directly with airlines or American Express; eligible hotels booked on amextravel.com.
  • Use it to access and enjoy over 1,000 proprietary airport lounges around the world — including the luxurious Amex Centurion lounges.
  • Redeem Membership Rewards® points for airfare, hotels, gift cards, merchandise, and more.
  • Enjoy complimentary WiFi access at Boingo locations worldwide.
Consider this

The Platinum Card® from American Express comes with a steep $550 annual fee that may be hard to justify if you don’t travel very often. Make sure you’ll use this card’s generous travel benefits before you sign up.

Why you'll love it

The Platinum Card® from American Express comes with some of the most luxurious travel perks out there, including access to esteemed Amex Centurion lounges all over the world. We’re talking about a family room where you can relax in between flights, shower suites, and premium bars. You’ll also receive automatic Hilton Honors Gold status, which will make nights at a Hilton hotel that much more enjoyable — we’re talking about guaranteed discounts on rates, late check outs, and complimentary WiFi access.

Start your application now

Best hotel card

Starwood Preferred Guest® Credit Card from American Express
See Rates & Fees
Redeem for... Hotel nights, flights, and hotel + air packages
Reward details 2 Starpoints for purchases made at SPG® and Marriott Rewards® properties; 1 Starpoint on everything else. (Terms Apply)

Signup bonus 25,000 points
Annual Fee $95 (Waived first year)
Highlights Provided by American Express Show Highlights
  • Earn 25,000 bonus Starpoints® after you use your new Card to make $3,000 in purchases within the first 3 months.
  • Earn 2 Starpoints® for each dollar of eligible purchases spent on the Card at participating SPG® & Marriott Rewards® hotels. Earn 1 Starpoint for all other purchases.
  • No Foreign Transaction Fees on International purchases.
  • Redeem Starpoints® at over 1,300 participating hotels and resorts in over 100 countries and for flights on more than 150 airlines with SPG flights, all with no blackout dates.
  • $0 introductory annual fee for the first year, then $95.
  • Terms Apply.
  • See Rates & Fees
  • Issuer: American Express
  • Sign Up Bonus: Earn 25,000 bonus Starpoints® after you use your new Card to make $3,000 in purchases within the first 3 months.
  • Annual Fee: See Details
  • Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 26.24%
  • Foreign Transaction Fee: None
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 16.24% - 20.24% Variable See Rates & Fees
  • Penalty APR: 29.99%

Our two cents

Who should get it

The Starwood Preferred Guest® Credit Card from American Express makes sense if you’re loyal customer at SPG® or Marriott Rewards® properties. (If you’re a Starwood Preferred Guest member, you can earn rewards even faster.) This card is also a solid option for those who are members of other travel loyalty programs, because Startpoints® are transferrable to a slew of partners, including Delta and United, at a 1:1 rate.

How to use it
  • Use this card at participating SPG® & Marriott Rewards® hotels to earn 2 Starpoints® per dollar. (Earn 1 Starpoint for all other purchases.)
  • Spend $3,000 in purchases within the first 3 months to get 25,000 bonus Starpoints®.
  • Redeem Starpoints® for hotels and airfare via SPG flights, all with no blackout dates.
Consider this

While this card has a respectable signup bonus, it also comes with a $95 annual fee, which is waived for the first year. The Chase Freedom®, on the other hand, doesn’t have an annual fee, and earns a 5% cash back on rotating categories. What’s even better, is that you can also redeem your earnings for travel via Chase Ultimate Rewards® and get a 25% points bonus.

Why you'll love it

Versatility is the name of the game with the Starwood Preferred Guest® Credit Card from American Express. This card lets you redeem your points for free hotel stays at SPG® or Marriott Rewards® properties, cash in for a Nights & Flights package, or transfer to popular airline loyalty partners. Not to mention, you’ll earn a 25,000 Starpoints® signup bonus if you spend at least $3,000 on purchases within the first three months — that’s enough for two free nights at an SPG® category 4 hotel.

Start your application now

Great for budget travelers

IHG® Rewards Club Select Credit Card
Redeem for... Free hotel stays
Reward details 5X points at IHG hotels; 2X points at gas stations, grocery stores, and restaurants; 1X points on everything else

Signup bonus 80,000 points
Annual Fee $0 introductory annual fee the first year, then $49
Highlights Provided by Chase Show Highlights
  • Earn 80,000 bonus points after spending $1,000 on purchases within the first three months of account opening
  • Enjoy a Free Night after each account anniversary year at over 5,200 hotels worldwide
  • Earn 5 points per $1 spent when you stay at an IHG hotel
  • Earn 2 points per $1 spent on purchases at gas stations, grocery stores, and restaurants
  • IHG Rewards Club Bonus points are redeemable at hotels such as InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts and Holiday Inn®
  • Platinum Elite status as long as you're a Select credit cardmember
  • Automatic 10% points rebate on redemptions
  • $0 Introductory Annual Fee for the first year, then $49 a year
  • Issuer: Chase
  • Rewards Details: Earn 5 points per $1 spent when you stay at an IHG hotel. Earn 2 points per $1 spent on purchases at gas stations, grocery stores, and restaurants. Earn 1 point per $1 spent on all other purchases.
  • Sign Up Bonus: Earn 80,000 bonus points after spending $1,000 on purchases within the first three months of account opening
  • Annual Fee: $0 introductory annual fee the first year, then $49
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 25.99% Variable
  • Foreign Transaction Fee: $0
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 16.99% - 23.99% Variable
  • Penalty APR: None

Our two cents

Who should get it

Want to spread your points across higher-end and family-friendly properties? We recommend the IHG® Rewards Club Select Credit Card. Earn free nights at resorts that span from the InterContinental Bora Bora Thalasso Spa all the way down to the Holiday Inn Express in your hometown.

How to use it
  • Earn 5 points per dollar when you stay at an IHG hotel; 2 points per dollar on purchases at gas stations, grocery stores, and restaurants.
  • Spend $1,000 on purchases within the first three months to get a whopping 80,000 bonus points.
  • Redeem points for nights at any IHG hotel.
  • Enjoy one free night after each account anniversary.
Consider this

While this credit card is ideal for hotel stays, you don’t have a lot of flexibility in how you redeem. You can cash in your points for merchandise and other perks, but you can’t transfer them to airline loyalty programs, and the exchange rate is low compared to the rest of the industry. If that bums you out, consider the Chase Sapphire Preferred® Card. It has extremely flexible travel rewards and cardholders can transfer points to a variety of airline and hotel partners.

Why you'll love it

With the IHG® Rewards Club Select Credit Card, you can cash in your points for high-end hotels, small town motels, and all-inclusive properties in tropical climates. As an added bonus, having this credit card gives you automatic Platinum status with IHG and a free night at any IHG property each year on your cardmember anniversary.

Start your application now

Easy-to-earn signup bonus

Chase Freedom®
Redeem for... Statement credits, gift cards, travel, and Amazon purchases
Reward details 5X points in rotating categories; 1X points on everything else

Signup bonus $150
Annual Fee $0
Highlights Provided by Chase Show Highlights
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter like gas stations, restaurants and drugstores
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.99-24.74%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee
  • Issuer: Chase
  • Rewards Details: Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Unlimited 1% cash back on all other purchases.
  • Sign Up Bonus: Earn a $150 Bonus after spending $500 on purchases in your first 3 months from account opening.
  • Annual Fee: $0
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 25.99% Variable
  • Foreign Transaction Fee: 3% of each transaction in U.S. dollars
  • Introductory APR: 0%
  • Introductory APR Period: 15 months
  • Introductory Balance Transfer APR: 0%
  • Introductory Balance Transfer Period: 15 Months
  • Ongoing APR: 15.99% - 24.74% Variable
  • Penalty APR: None

Our two cents

Who should get it

The Chase Freedom® offers significant rewards potential — if you can maximize certain bonus categories. With the ability to earn 5% on rotating categories, the points you’ll earn will add up quick! Make sure to check out our post on Chase Freedom categories for 2017 for details on this year’s selections.

How to use it
  • Earn 5% cash back on rotating bonus categories (on up to $1,500 each quarter) every quarter and 1% cash back on everything else.
  • Spend $500 on purchases in the first three months to get a $150 bonus.
  • Combine it with the Chase Sapphire Preferred® Card to earn Chase Ultimate Rewards® make the most of all your purchases and earn Chase Ultimate Rewards® as quickly as possible.
Consider this

Huge 5% cash back categories are great, as long as you don’t mind adjusting your spend every quarter. If a flat rate card is more up your alley, the Chase Freedom Unlimited℠ has unlimited 1.5% cash back on all purchases. And to top things off, it’s a great complimentary card to the Chase Sapphire Preferred® Card too!

Why you'll love it

You’ll love the Chase Freedom® because rewards are easy and the card comes without an annual fee. Earn unlimited rewards without paying for the privilege, then cash them in for travel, cash back, gift cards, or merchandise. You can also use your points to pay for purchases on Amazon.com.

Start your application now

Flexible travel rewards

Capital One® Venture® Rewards Credit Card
Redeem for... Hotels, airfare, train tickets, and more
Reward details 2X points on all purchases

Signup bonus 40,000 miles
Annual Fee $0 intro for first year; $59 after that
Highlights Provided by Capital One Show Highlights
  • Enjoy a one-time bonus of 40,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $400 in travel
  • Earn unlimited 2X miles per dollar on every purchase, every day
  • Fly any airline, stay at any hotel, anytime
  • Travel when you want with no blackout dates
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $59 after that
  • Get a metal Venture Card when you apply today
  • Issuer: Capital One
  • Rewards Details: 2 Miles per dollar on every purchase, every day. 40000 Miles once you spend $3,000 on purchases within 3 months from account opening.
  • Annual Fee: $0 intro for first year; $59 after that
  • Balance Transfer Fee: $0
  • Cash Advance APR: 23.99% (Variable)
  • Foreign Transaction Fee: None
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 13.99% - 23.99% (Variable)
  • Penalty APR: None

Our two cents

Who should get it

Consider the Capital One® Venture® Rewards Credit Card if you’re tired of jumping through loyalty program hoops. Once you have the points you need, you can book any type of travel—then use your points to cover the purchase. It’s as simple as that.

How to use it
  • Earn a flat, unlimited 2X miles per dollar on all purchases.
  • Get a one-time 40,000 mile bonus after spending at least $3,000 on purchases within the first three months.
  • Redeem points for airfare and hotels via Orbitz, or cash back.
Consider this

While you can redeem your points for any type of travel, you can’t transfer your points to any hotel or airline loyalty programs. Also, keep in mind that this card comes with a $59 annual fee ( waived for the first year).

Why you'll love it

With the Capital One® Venture® Rewards Credit Card, redeeming points for travel is a breeze. Shop around for the best travel deals, then book with any airline or hotel chain. Since you’re not using points specific to travel brands, you won’t have to worry about blackout dates or award availability.

Start your application now

Best business card

Ink Business Preferred℠ Credit Card
Redeem for... Statement credit, airfare, hotels, cruises, and more
Reward details 3X points in select categories; 1X points on everything else (Terms apply)

Signup bonus 80,000 points
Annual Fee $95
Highlights Provided by Chase Show Highlights
  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent in select categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee
  • Issuer: Chase
  • Rewards Details: Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.
  • Sign Up Bonus: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
  • Annual Fee: $95
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 25.99% Variable
  • Foreign Transaction Fee: $0
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 16.99% - 21.99% Variable
  • Penalty APR: None

Our two cents

Who should get it

If you run an online business of any kind, check out the Ink Business Preferred℠ Credit Card. You’ll earn 3x points per $1 spent on the first $150,000 on internet, phone, shipping, social media and search engine advertising, and travel. You can also pool your points with those earned through other Chase credit cards for even more rewards over time, which makes this card ideal for existing Chase customers.

How to use it
  • Earn 3X points per dollar on up to $150,000 spend in select categories (then 1X points per dollar) and unlimited 1X points per dollar on everything else.
  • Spend $5,000 or more on purchases in the first three months to earn $1,000 toward travel when redeemed via Chase Ultimate Rewards® — that’s 80,000 bonus points.
  • Redeem points for travel, gift cards, cash back, and more. And remember: Points are worth 25% more when redeemed through Chase Ultimate Rewards®.
  • Outfit your employees with personal cards at no additional cost.
Consider this

While earning 3x points is ideal, it’s important to note that the bonus points only apply to the first $150,000 in combined purchases in select categories each account anniversary year. This card also comes with a $95 annual fee, so plan accordingly.

Why you'll love it

The Ink Business Preferred℠ Credit Card offers a huge signup bonus and diverse points redemption options. Cash in your points for travel through the Chase Ultimate Rewards® portal, and you’ll score a 20 percent discount right away. Or you can transfer points to popular travel partners like Southwest Airlines, British Airways, Hyatt, and Marriott at a 1:1 ratio. As a final option, you can also redeem your points for a statement credit or gift cards.

Start your application now

Flexible cash back business rewards

SimplyCash® Plus Business Credit Card from American Express
See Rates & Fees
Redeem for... Statement credits
Reward details 5% in select categories; 3% on category you choose; 1% on all other purchases (Terms apply)

Signup bonus $400
Annual Fee $0
Highlights Provided by American Express Show Highlights
  • Special Offer: Earn up to $400 cash back
  • Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Plus, earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
  • No Annual Fee. Plus, more buying power and more cash back. Get cash back on business purchases, even those above your credit limit.
  • 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • 3% on the category of your choice from a list of eight and 1% cash back on other purchases.
  • 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% applies thereafter. Cash back received is automatically credited to your statement.
  • Terms and limitations apply
  • See Rates & Fees
  • Issuer: American Express
  • Rewards Details: Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Annual Fee: See Details
  • Cash Advance APR: See Rates & Fees
  • Foreign Transaction Fee: 2.7%
  • Introductory APR: 0%
  • Introductory APR Period: 9 months
  • Introductory Balance Transfer APR: See Rates & Fees
  • Introductory Balance Transfer Period: See Rates & Fees
  • Ongoing APR: 13.24% - 20.24% Variable See Rates & Fees
  • Penalty APR: 29.99%

Our two cents

Who should get it

The SimplyCash® Plus Business Credit Card from American Express offers big-time rewards for those who spend a lot of money on business supplies each year. You’ll earn 5% cash back on wireless phone services and at office supply stores, 3% on a category of your choosing, and 1% on all other purchases.

How to use it
  • Earn 5% cash back on eligible telephone services; 3% cash back on a category of your choice, like U.S. restaurants, U.S. shipping, hotel rooms, and U.S. gas stations. (Both rewards rates apply to the first $50,000 in purchases per calendar year. Afterward it drops to 1%.)
  • Spend $5,000 in qualifying purchases within the first six months of opening the account to get a $200 statement credit.
  • Get an additional $200 statement credit after spending more than $10,000 in qualifying purchases within the first year.
  • Redeem points for statement credits.
Consider this

If you’re a big spender, you should be aware that the 5% and 3% bonus categories only apply to your first $50,000 in category purchases each year. And remember that you can only redeem your points in the form of a statement credit.

Why you'll love it

The SimplyCash® Plus Business Credit Card from American Express makes it easy to rack up rewards through its versatile bonus categories. The fact you can select your own 3% bonus category can also be valuable if your business spending is high in certain areas. And unlike most business credit cards, there’s no an annual fee.

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Best credit card signup bonus offers (2017): summed up

Making sense of signup offers

Credit card signup bonuses come in a variety of flavors, including cash back, statement credits (which you can apply to almost any purchase on your card, depending upon the terms and conditions), and travel rewards. But regardless of the type of reward, all signup bonuses work in a similar fashion. Here are a few signup bonus fundamentals you should consider as you choose the one that benefits you the most:
  1. Signup bonuses usually have a minimum spending requirement.The majority of credit card signup bonus offers require that you hit a minimum spending requirement within a fixed amount of time after opening the account (usually three months). For example, the Chase Sapphire Preferred® Card awards 50,000 bonus points to cardholders who spend at least $4,000 within the first three months.
  2. You may have to pay an annual fee.A really generous signup bonus is often indicative of an annual fee — the fee you have to pay each year to maintain your account. These fees range anywhere from around $50 to $450, but they are oftentimes waived for the first year. If you’re considering a card with a fee, make sure to evaluate how paying the annual fee could impact the benefit of your signup bonus.
  3. There may be additional terms and conditions.On top of the minimum spending requirement (and possible fee), you might have to perform other specific tasks to qualify for your signup bonus. For example, certain co-branded hotel loyalty credit cards might require that you sign up for the loyalty program before you can begin to earn your bonus.

How to navigate credit card bonuses

Although many of the top offers are lucrative in their own right, it’s important to understand how to make the most of these offers without hurting yourself financially. Here are some basic tips that can help you do just that: Do consider how meeting a minimum spending requirement will affect your finances. Since most credit card signup bonus offers require you to spend a certain amount of money on the card within a limited time, it’s important to make sure that the spending goal is attainable before you sign up. If your spending is relatively low, steer clear of bonus offers that ask you to spend more than you would otherwise. Do keep your overall credit health in mind. Since opening new credit cards (and closing old ones) can have a negative effect on your credit, it’s important to weigh the pros and cons of either action. In other words, sign up for cards when it’s to your benefit, but stop once you’ve reached a point where your credit score might feel a negative impact. Do pay your bill in full every month to avoid paying interest. Paying interest on your purchases while simultaneously pursuing rewards is never a good idea. If you expect you’ll need to carry a balance, you should nix the idea of trying to earn a signup bonus altogether and opt for a low-interest credit card instead. Do use your credit card as part of a comprehensive financial plan. Without a plan, a new credit card could wreak havoc on your finances. Before you sign up for a new credit card, you should put a plan in place to make sure your new line of credit is working in your favor. Do pursue signup bonuses with a strategy in mind. A hefty signup bonus won’t do you much good if you don’t know how to use it. Before you pick one bonus over another, make sure to explore each loyalty program so you know what your points will be worth. These posts can help: Don’t open too many cards just for the signup bonus. As we’ve written before, getting a new card will result in a hard inquiry with at least one of the three credit reporting agencies. While one hard inquiry might have minimum impact on your credit score, having several could cause your score to tumble substantially. So while you may earn more rewards by signing up for a handful of offers at once, you could potentially hurt your credit. Don’t commit to a minimum spending requirement you can’t handle. When choosing among credit card signup bonus offers, it’s important to consider how meeting any applicable minimum spending requirement will work with your “real-life” finances. For example, if you don’t normally spend $3,000 on regular bills and expenses during a three-month period, what makes you think you can do it safely to earn a signup bonus? If the minimum spending requirement on a card puts it out of your comfort zone, you’ll be better off if you opt out instead of signing up. Don’t carry a balance or pay interest. For some people, credit cards are a tool of mass destruction. And no matter how hard they try not to, they always manage to rack up a credit card balance that is bigger than they anticipated. If you’re one of those people – or if you just plan to carry a balance in general – you’ll be a lot better off if you steer clear of rewards cards and opt for a card with no annual fee or the lowest interest rate possible instead. Don’t forget to factor in annual fees. While some cards offer crazy-huge signup bonus offers, many offer correspondingly large annual fees. In order to extract the most value out of any offer, it’s important to understand your card’s annual fee, when it’s due, and how it related to the overall value you receive from the card. Don’t use rewards as an excuse to overspend. If you’re someone who tends to get carried away with credit, it’s easy to see a shiny, new credit line as an excuse to overspend. You’re not doing yourself any favors if you go this route, however. By overspending to earn more rewards, you’re actually putting yourself in a worse financial position than where you started.

Pro tip

The best way to avoid losing control of your credit card spending is to live by a budget. Don’t spend more money than you have, else you risk maintaining a balance and incurring interest payments. Here’s another plus: Evaluating your budget is a great way to hone in on previous spending habits and determine which signup bonuses you could actually qualify for. Take a look at our guide to choosing the right type of budgeting system for your lifestyle and income for more information.

The bottom line

Credit cards can be a valuable tool if used wisely, and signup bonus offers can be extremely lucrative if pursued with a thoughtful strategy in mind. However, it’s important to fully understand how these offers work if you truly want to maximize them. The most important thing to remember is to use credit cards to your advantage, but don’t let them use you. If you find yourself spending more just to get a bonus, or worse, getting into debt, you’ll probably be better off avoiding credit cards and signup bonus offers altogether.

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