Each month, I recap some of the best credit card offers available. There are a lot of credit cards out there offering generous signup bonuses. Hopefully, this post will give you some ideas if you’re looking for your next credit card.
It’s important to note that this post is not intended to be an exhaustive list of credit cards and there may be cards that I haven’t listed that are better for you. If you want personalized advice for your situation, consider filling out my free credit card consultation form and I’ll get back to you with specific advice for your situation.
Before you get started, be sure you understand the Chase 5/24 Rule. This is an important rule that will impact your long-term strategy when it comes to which credit cards you should consider. Also, if you have a side hustle or anything that can qualify as a business, consider taking advantage of business credit cards. I would say that business credit cards are a must if you want to get into the advanced stages of credit card points and miles.
With all that said, here are some of the current best credit card offers:
Chase Sapphire Preferred and Chase Sapphire Reserve
The Chase Sapphire Cards both typically offer good signup bonuses and are the natural starting point for anyone getting into points and miles. There are two Chase Sapphire cards to know about. These include the following: The Chase Sapphire Preferred has a lower annual fee of $95 and gives you the ability to transfer your Chase Ultimate Rewards points to travel partners. It does come with a $50 travel credit that you can use on bookings in the Chase Travel Portal, as well as $10 per month that you can use on DoorDash grocery orders, so it does give you the ability to recoup your annual fee in some fashion. The Chase Sapphire Reserve has a hefty annual fee of $795. However, it does come with various credits that, while sometimes annoying to use, can help you earn the annual fee back. The best credit is the $300 travel credit, which automatically applies to any travel-related purchase. This credit is essentially as good as cash, so the card’s effective annual fee is $495. Then there are various other credits that you can use that will help you recoup your annual fee (but how well you can use these credits will depend on your specific situation). If you are considering one of the Chase Sapphire Cards, you should be aware of the Chase 5/24 Rule, which states that you are not eligible for a new Chase credit card if you’ve opened five (5) or more credit cards in the past 24 months from any bank. This only includes cards that appear on your credit report, so most business cards won’t count toward your 5/24 number. I have an in-depth post that explains how the Chase 5/24 Rule works, which you can read here. IChase used to limit customers to either the Chase Sapphire Preferred or the Chase Sapphire Reserve. However, they have removed this rule, so now you can get both cards if you’ve never earned the bonus on each respective card before. If you can, I highly recommend eventually getting both cards at some point so you can build up your Chase Ultimate Rewards points balance.Chase Ink Cards
The Chase Ink Cards are business credit cards from Chase and are my favorite cards because of the high signup bonuses and the fact that they earn Chase Ultimate Rewards points. Chase Ultimate Rewards points are usually my favorite points because of how versatile they are, especially since they can be transferred to travel partners. They’re also the only currency that transfers to Hyatt, which tends to be my favorite hotel chain. There are three types of Chase Ink Cards that I think are worthwhile. These include the following:- Chase Ink Cash
- Chase Ink Unlimited
- Chase Ink Preferred
American Express No Lifetime Language (NLL) Offers
American Express generally limits customers to one bonus for each card per lifetime, meaning, in theory, if you’ve earned the bonus on a card before, you can’t earn a bonus again on that card in the future. However, Chase regularly releases what are called No Lifetime Language offers, typically referred to as NLL offers for short. NLL offers are usually targeted, either via direct mailers in the mail or pop-ups when you log into the American Express website. Over the years, I’ve been able to earn a lot of Membership Rewards points from the American Express Business Platinum and the American Express Business Gold from targeted mailers, since each time I receive one, I’m able to open the card again and earn additional Membership Rewards Points. Unfortunately, there’s no apparent rhyme or reason as to how you get these targeted mailers, but if you do get them, I recommend taking advantage of them if you can. If you have any questions, feel free to shoot me a message.Additional Resources
- Chase 5/24 Rule – Maximize Your Travel Hacking
- What You Need To Know About The Chase One Sapphire Rule
- Business Credit Cards: The Ultimate Tool For Travel Hackers
- The “Other” Business Cards That Aren’t From Chase Or American Express
This post may contain affiliate links.
More Recommended Ebike/Scooters
Check out these other ebikes and scooters I've reviewed:
- Urban Arrow Ebike – Last year, I made one of the largest purchases I’ve ever made – I bought a $9,000 electric cargo bike from Urban Arrow. In my Urban Arrow review, I will discuss what it is and why I decided to buy this bike, as well as discuss how impactful a bike like this can be on your journey to financial independence.
- Troxus Explorer Step-Thru Ebike – The Troxus Explorer Step-Thru is a fat-tire ebike that I’ve had the pleasure of riding for a while now. It has amazing power, great looks, and awesome range. If you’re looking for a great fat-tire ebike that offers a lot for the price, the Troxus Explorer Step-Thru is definitely one for you to consider. Check out my Troxus Explorer Step-Thru Review.
- Hovsco HovBeta Ebike – The HovBeta is a folding ebike with great specs and a lot of interesting features, and importantly, it’s sold at a good price point. I’ve had a blast commuting with it and using it to do deliveries with DoorDash, Uber Eats, and Grubhub. Check out my Hovsco HovBeta Ebike Review.
- Vanpowers Manidae Ebike – The Vanpowers Manidae is a fat tire ebike that I’ve been riding as my primary winter commuting bike and have also been using it to do food delivery with apps like DoorDash, Uber Eats, and Grubhub. After clocking in a decent number of miles with this ebike, I wanted to write a post sharing what my experience with the Vanpowers Manidae ebike has been like. Check out my Vanpowers Manidae Review.
- Sohamo S3 Step-Thru Folding EBike Review – A Great Value Folding Ebike – The Sohamo S3 Step-Thru Folding Ebike is an entry-level folding ebike that offers a lot of value for the price point. I’ve been riding the Sohamo S3 for a while now, putting the bike through its paces, and I have to say, this bike has exceeded all of my expectations. Check out my Sohamo Review.
- KBO Flip Ebike – The KBO Flip is an excellent bike. I’ve had a great time riding it and think it’s a versatile bike that can be used for a lot of purposes and can fit a variety of lifestyles. It’s worked out great for me as a general commuter bike and as a food delivery bike. Check out my KBO Flip Review.
- Hiboy P7 Commuter Ebike – The Hiboy P7 is an excellent electric commuter bike that’s offered at an affordable price point. The range and speed of this bike are both very good, so you won’t have any trouble getting anywhere you need to go with it. As a food delivery vehicle, this is also good – with how much range it offers, you’ll be able to work all day on a single charge. Check out my Hiboy P7 Commuter Electric Bike Review.
- Himiway Escape Ebike – The Himiway Escape is an interesting bike for anyone looking for a moped-style ebike. If you’re a gig economy worker, the Himiway Escape is particularly interesting and it’s possible to think of it as an investment, especially if you can opt to do deliveries with the Himiway versus using a car. It’s not cheap, but you can definitely make your money back when you compare the mileage you’ll put on your car versus using an ebike. Check out my Himiway Escape Bike Review.
- Espin Sport Ebike – The Espin Sport is a good ebike for someone who is looking for an ebike that feels and rides more like a regular bike. There are many ebikes that are really only bikes in name. In reality, they’re basically electric mopeds. The Espin Sport, by contrast, is a bike you could probably ride without the battery and you’d feel like you’re just riding a regular bike. Check out my Espin Sport Review.
- Varla Eagle One Scooter – The Varla Eagle One is an excellent scooter that can make sense for a lot of people. It can work as a primary mode of transportation. You can use it to work on gig economy apps like DoorDash, Uber Eats, and Grubhub. And it can also be a recreational vehicle if you’d prefer to use it for that. Check out my Varla Eagle One Review.
- Varla Falcon Scooter – The Varla Falcon is an excellent scooter that offers a good amount of power at a lower price point compared to more powerful scooters. It’s not exactly an entry-level scooter, nor is it a high-powered scooter. I think it fits somewhere in-between those two categories – an intermediate scooter if I had to give it a category. Check out my Varla Falcon Review.
- Hiboy S2 Scooter – The Hiboy S2 is an excellent entry-level commuter scooter that's perfect for someone looking to save some money in transportation costs and improve their commute. Check out my Hiboy S2 Review.
- Hiboy S2R Scooter – The Hiboy S2R is one of the more interesting electric scooters I’ve been able to test out. It’s not a high-powered scooter, but for an everyday transport option, it’s very useful, especially given some of the unique features that it has. Indeed, for the price, the Hiboy S2R might be the best value scooter I’ve used. Check out my Hiboy S2R Review.
- Fucare H3 Scooter – The Fucare H3 is a fun scooter and I’ve enjoyed testing it out. For a daily commuter or quick trips or errands, the Fucare H3 is probably the scooter I’ll use. It’s portable and easy to maneuver, so it’s just easier to take on the road when I need it. Check out my Fucare H3 Scooter Review.
More Recommended Investing App Bonuses
For additional investing app bonuses, be sure to check out the ones below:
- M1 Finance ($75) – This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $75 for opening an account. Check out my M1 Finance Referral Bonus – Step-By-Step Guide.
- SoFi Invest ($25) – SoFi Invest is an easy brokerage account bonus that you can earn with just a few minutes of work. Use my SoFi Invest referral link, fund your SoFi Invest brokerage account with just $10 and you’ll get $25 of free stock. I also have a step-by-step guide for the SoFi Invest referral bonus.
- Robinhood (1 free stock) – Robinhood gives you a free stock valued between $2.50-$225 if you open an account using my referral link.
- Public (1 free stock) - Public gives you a free stock valued between $3-$70 if you open an account using my referral link.
More Recommended Bank Account Bonuses
If you’re looking for more easy bank bonuses, check out the below options. These bonuses are all easy to earn and have no fees or minimum balance requirements to worry about.
- Ally Bank ($100) – Of all the banks out there, Ally is, without a doubt, my favorite. At the moment, Ally is offering $100 to customers who open an eligible Ally account and meet the requirements. Here are the step-by-step directions to earn your Ally Bank referral bonus.
- Chime ($100) - Chime is a free bank account that offers a referral bonus if you use a referral link and complete a direct deposit of $200 or more. In practice, any ACH transfer into this account triggers the bonus. This bonus is easy to earn and posts instantly, so you’ll know if you met the requirements as soon as you move money into the account. I wrote a step-by-step guide on how to earn your Chime referral bonus that I recommend you check out.
- US Bank Business ($400/$1200) – This is a fairly easy bank bonus to earn, since there are no direct deposit requirements. In addition, you can open the Silver Business Checking account, which comes with no monthly fees. Check out how to earn this big bonus here.
- Current ($50) – Current is a free fintech bank that’s offering new users a $50 referral bonus after signing up for an account using a referral link. Current is an easy bonus to earn and also gives you access to three savings accounts that pay you 4% interest on up to $2,000. That means you can put away up to $6,000 earning 4% interest. That’s very good and makes Current an account I recommend to everyone. Check out my step-by-step guide on how to earn your Current Bank bonus.
- Novo Bank ($40) - Novo bank is a free business checking account that’s currently offering a $40 bonus if you open a Novo business checking account using a referral link. In addition to being a good bank bonus, Novo is also a good business checking account. It has no monthly fees or minimum balance requirements and operates a good app and website. Indeed, it’s the business checking account I currently use for this blog. Check out my post on how to easily open a Novo account.
- Varo ($25) – Varo is a free fintech banking app similar to Chime or Current. It’s currently offering a $25 bonus to new users that open a new Varo account with a referral link. The bonus for this bank is very easy to meet, all you need to do is spend $20 within 30 days of opening your Varo account. Check out my step-by-step guide to learn how to earn this bonus.
Kevin is an attorney and the blogger behind Financial Panther, a blog about personal finance, travel hacking, and side hustling using the gig economy. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer.
Kevin is passionate about earning money using the gig economy and you can see all the ways he makes extra income every month in his side hustle reports.
Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:
- SoFi Money. A really good checking account with absolutely no fees. You'll get a $25 referral bonus if you open a SoFi Money account with a referral link, and an additional $300 if you complete a direct deposit.
- 5% Savings Accounts. I'm currently getting 5.24% interest on my savings through a company called Raisin. Opening a Raisin account takes minutes to complete, it's free, and all of your funds are FDIC-insured. I explain how it works, why I'm now using it to store my emergency fund and any other cash savings I have, and why I recommend everyone check it out in this review.
- US Bank Business. US Bank is currently offering new business customers a $400/$1200 signup bonus after opening a new account and meeting certain requirements.
- M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $75 for opening an account.
- Empower. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps I use to track my financial accounts.
Feel free to send Kevin a message here.
Thank you for your posts. Very informative. Looking into Raisin.
How often do you open cards to have a 3 million balance?! How many points do you use in a year would you say?
Looks like the Southwest offer has changed. I’m seeing 40,000 points and there’s an annual fee, even for the Plus card.
Oh yeah, that offer ended earlier this month. Need to update the post.
If you’re looking for Southwest Companion Pass, then I’d recommend getting the Southwest biz cards right now.
Hi! Love your card bonus updates. I got a great Ink bonus using your link. 🙂 Can you get a Sapphire Preferred card bonus if you currently have an active Reserve card?
You’d need to downgrade the Chase Sapphire Reserve to a Chase Freedom or Freedom Unlimited, then open the Chase Sapphire Preferred.
But remember, you can only get the Chase Sapphire Preferred bonus if you haven’t gotten a bonus on either the Chase Sapphire Prefered or Chase Sapphire Reserve in the past 48 months. So once every 4 years.