My third kid is going to be born any day now and his birth will surely mean I have even less time to devote to updating this site and it really pains me when I know so many people are out there not making so much free money with so little effort. So let’s get to it. Here are the most lucrative credit card sign up bonuses out there right now. A few reminders: be aware of Chase’s 5/24 rule, don’t apply for more than one card on the same day (ideally wait 3 months or so between apps with the same bank and most certainly, do not fail to meet the minimum spend by the deadline to get a bonus.
It’s just a $50 signup bonus, but it has rotating categories during the year that get you 5% cash back. All cash back is doubled the first year so apply for this card now and if you spend way too much money on Amazon like me, use this card to load $1,500 into your Amazon account. If you do that, you are already up to a $200 bonus between the $50 signup and $150 cash back bonus. Amazon, Target and Walmart.com are the 5% categories for 2019 Q4. This card, like the Chase Freedom, has no annual fee. Both of these cards are worth getting and keeping long term solely for the rotating 5% categories. Apply for the Discover IT here.
Spend $4K in the first 3 months and get 60,000 Thank You points, good for $750 toward flights through thankyou.com. If you don’t travel much, you can cash out the points for $600 worth of gift cards. There’s an annual fee of $95 that isn’t waived. I’d cancel this one before the second year fee hits as the every day benefits aren’t great. Never cancel a card right after getting a bonus, though. Banks don’t like that. Make a note on your calendar to cancel 11 months after you open the card. Apply here.
I’m totally a Hyatt guy. Their points go way further than Hilton Honors points, but this bonus is just too big to pass up. Not to mention there are way more Hiltons than Hyatts out there so it’s important to build up a stash of Hilton points. Spend $3,000 in the first three months and get 125,000 Hilton points. Those are worth about $500-$600 bucks in hotel stays. Note there is a $95 annual fee. Apply here.
Speaking of Hyatt, this the Chase Hyatt cards gives you 25,000 Hyatt points after spending $3,000 in the first three months and another 25,000 points after a total of $6,000 in spending in the first six months. Hyatt doesn’t have the huge footprint that Hilton does, but the points go so much further. 50,000 Hyatt points can easily get you $1,000 worth of hotel stays. There’s also a $95 annual fee on this card. Unlike the Hilton that I will cancel after 11 months, I gladly pay the annual fee on this one as you get a free night in a category 1-4 hotel when your card renews. That free night is always worth way more than the fee. Apply here.
Four cards, four different banks. If you are feeling ambitious and can pull off the huge minimum spend, you could apply for all four in one day. If you are not immediately approved for a card, Google a “reconsideration” number for that bank. Often just calling and saying, “I see my application is still pending. I just wanted to see if there’s any other information you need from me.” can get you approved within minutes.