Each month, I recap the best credit card offers currently available. There are a lot of credit cards out there offering generous signup bonuses. Some bonuses are better than others. Hopefully, this post will give you some ideas if you’re looking for your next credit card.
For a list of all the credit cards I recommend, check out my best credit cards page, where you can find out more credit card offers and apply for cards not listed in this post.
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 credit card rewards. Also, if you have a side hustle or anything that can qualify as a business, consider taking advantage of business credit cards. These are a great way to earn even more points and miles.
With all that said, here are some of the current best credit card offers for September 2023:
Chase Sapphire Reserve
The Chase Sapphire Reserve is offering 60,000 Chase Ultimate Rewards points after spending $4,000 in 3 months. This makes it one of the top cards I recommend for most people. The card comes with a $300 travel credit that works for almost anything related to travel, including things like parking fees and public transit fares, so the $300 travel credit is as good as cash for almost everyone. You can find the 60,000 point signup bonus at this Chase Sapphire Reserve link.
Importantly, it’s possible to double-dip the travel credit if you decide the card isn’t a long-term option for you. That means in the first year, you can always end up with a $50 net gain simply from using the travel credits.
If you are considering the Chase Sapphire Reserve, be aware of a few rules. The first is 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 that you can read here.
The second rule you need to know is the Chase One Sapphire Rule. Chase only allows you to earn the bonus on one Sapphire branded card every 48 months. Thus, if you’ve earned the bonus on either the Chase Sapphire Preferred or the Chase Sapphire Reserve in the last 48 months, you won’t be eligible for this bonus.
Chase Sapphire Preferred
The Chase Sapphire Preferred is offering 60,000 Chase Ultimate Rewards points after spending $4,000 in 3 months.
If you’re thinking about getting the Chase Sapphire Preferred, don’t forget the 5/24 rule and the One Sapphire rule.
The 60,000 Chase Ultimate Rewards points are worth $750 if redeemed in the Chase travel portal, but can be worth more if transferred to travel partners. Note that the card does come with a $95 annual fee that is not waived in the first year, but the annual fee is easily justified by the signup bonus. After a year, you can product change your card to a Chase Sapphire Reserve, assuming you want the benefits that come with the Chase Sapphire Reserve, or if you don’t need the card, product change to a no-fee card like the Chase Freedom, Chase Freedom Unlimited, or Chase Freedom Flex.
Of the two Sapphire branded cards, I’d typically recommend getting the Chase Sapphire Reserve since it gives you a travel credit to offset the annual fee.
Chase Business Cards
The Chase Ink Cash and Chase Ink Unlimited are both offering $900 (up from $750) cash back after spending $6,000 within the first three months. If you’re able to meet the minimum spend requirement and are comfortable getting business credit cards, these are the top cards I recommend.
Both the Chase Ink Cash and the Chase Ink Unlimited have no annual fees. The $6,000 spending requirement can be a bit steep for some people, but if you have large expenses coming up or have some other way to hit the minimum spending requirements, these two offers are very appealing (paying taxes is a great way to hit a large minimum spend requirement).
The Chase Ink Preferred has a 100,000 point signup bonus after spending $8,000 (used to be $15,000) within the first three months. This is also an appealing offer as the spend requirements are 7k less than they used to be. It’s worth getting if you have some large expenses to pay, so consider planning this card around those expenses (think tax payments, home renovations, etc).
If you have any questions, feel free to shoot me a message.