What Are the Best Credit Card Signup Bonuses of 2016?
Sophia FloerschAs an expert in English credit cards, I am happy to provide a detailed answer to the question of "What Are the Best Credit Card Signup Bonuses of 2016?" According to recent research, the following credit cards offer the most attractive signup bonuses.
1. Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card offers a signup bonus of 50,000 points after spending $4,000 in the first three months. These points can be redeemed for $625 in travel rewards, making this card an excellent choice for frequent travelers.
2. Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card offers a signup bonus of 40,000 miles after spending $3,000 in the first three months. These miles can be redeemed for $400 in travel rewards, and the card also offers 2x miles on all purchases.
3. Citi ThankYou Premier Card
The Citi ThankYou Premier Card offers a signup bonus of 50,000 points after spending $3,000 in the first three months. These points can be redeemed for $625 in travel rewards, and the card also offers 3x points on travel and gas purchases.
4. American Express Premier Rewards Gold Card
The American Express Premier Rewards Gold Card offers a signup bonus of 25,000 points after spending $2,000 in the first three months. These points can be redeemed for $250 in travel rewards, and the card also offers 3x points on flights booked directly with airlines.
5. Discover it Cashback Match
The Discover it Cashback Match offers a unique signup bonus in that it will match all cashback earned in the first year. This means that if you earn $200 in cashback, Discover will match it, giving you a total of $400 in rewards.
When considering which credit card signup bonus to choose, it is important to weigh the benefits against any potential costs or fees. Some credit cards may have annual fees, while others may have higher interest rates. It is also important to consider your spending habits and whether the rewards offered by the card align with your needs.
In addition to signup bonuses, there are other ways to save money and maximize rewards with credit cards. Some credit cards offer cashback or rewards on specific categories, such as groceries or gas, while others may offer bonus rewards for spending a certain amount in a given time period. It is also important to regularly review your credit card statements for any unauthorized charges or errors.
Overall, credit cards can be a valuable tool for earning rewards and building credit, but it is important to use them responsibly and understand the terms and fees associated with each card. By carefully selecting a credit card with a competitive signup bonus and regularly reviewing your spending and rewards, you can make the most of your credit card benefits.
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