American Express Stock – Best Credit Card Bonuses and Deals This Week: May 17, 2021
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There’s no shortage of excellent credit card bonuses right now, as issuers continue to launch elevated offers and promotions — along with brand-new cards and reward program updates that are making it easier to earn and redeem points and miles during the pandemic. If you’re planning to open a new credit card, now is a great time to take advantage of an increased bonus.
Here are some of the best credit card offers to consider this week.
Transferable credit card points are best if you value flexibility because there are so many ways to redeem them. With programs like American Express Membership Rewards, Chase Ultimate Rewards, Citi ThankYou Rewards, and Capital One Rewards, you’ve got options that include:
Our top picks for this week include one of the best travel rewards cards for beginners — the Chase Sapphire Preferred® Card — which is offering a welcome bonus 20,000 points higher than the usual offer. If you’re looking for a card with premium travel and shopping benefits, The Platinum Card® from American Express is also an excellent choice.
Capital One miles recently became even more useful with the addition of four new transfer partners and airport lounges coming later this year. You could get at least $1,000 in travel from the 100,000-mile welcome bonus on the Capital One Venture Rewards Credit Card — and potentially even more value if you transfer miles to airline and hotel partners for award travel.
Read more: Amex and Chase points are the two most valuable types of credit card rewards — here are their biggest differences
And don’t overlook our under-the-radar pick — the Citi Premier® Card. Along with a substantial welcome bonus, the card offers excellent earnings in categories that fit well whether you’re sticking close to home or on the road. You’ll earn 3x points on air travel, gas stations, restaurants, supermarkets, and hotels, and 1 point per dollar on everything else.
14.24 – 22.24 Variable
Good to Excellent
100,000 Membership Rewards® points after you spend $15,000 on eligible purchases within your first 3 months of card membership
If you’re a small-business owner, opening a small-business credit card can offer a lot of benefits. Keeping your business and personal expenses separate makes it easier to keep track of expenses, and many cards offer bonus points, miles, or cash back in popular business spending categories.
Read more: The best small-business credit cards of 2021
You don’t have to own a full-time business or make millions to be eligible to apply — even if you’re a freelancer or have a side gig, you could qualify for a small-business card. The Business Platinum Card® from American Express and Ink Business Preferred® Credit Card are both offering 100,000 points after meeting minimum spending requirements, and, depending on how you redeem them, you could get a value of $1,800 or more from these bonuses.
$95 (waived the first year)
13.99% to 23.99% variable APR
20% back on Amazon.com purchases (up to $200 back) in your first 6 months of Card Membership, plus $150 back as a statement credit after you spend $3,000 on the Card within the first 6 months
0% intro APR on purchases for 12 months from account opening
Our top pick for the best cash-back credit card overall, the Citi® Double Cash Card, doesn’t currently offer a welcome bonus. And other excellent options, like the Chase Freedom Flex℠ and Chase Freedom Unlimited®, aren’t exclusively cash-back cards (though they’re marketed that way).
Read more: I don’t regret redeeming credit card rewards for cash back during the pandemic — here’s why I’m sticking to this strategy in 2021
Right now, the Blue Cash Preferred® Card from American Express has an elevated welcome bonus that is particularly good for those who shop at Amazon. You’ll also earn 6% cash back on your first $6,000 in U.S. supermarket spending each year (then 1% back), 6% cash back on select U.S. streaming services, 3% back on U.S. gas stations and transit, and 1% back on all other eligible purchases (cash back is earned in the form of Rewards Dollars).
16.49% – 23.49% Variable
Good to Excellent
80,000 bonus miles after you spend $5,000 on purchases in the first 3 months your account is open, plus an additional 20,000 bonus miles after you spend $10,000 in the first 6 months
If you’re a United Airlines flyer, you’re spoiled for choice right now with a whopping five Chase United credit cards with increased bonuses to pick from. Because United miles don’t expire, it’s a great time to earn more United MileagePlus miles for a trip when you’re ready to travel again.
Read more: The best airline credit cards of 2021
This includes the new New United Quest℠ Card, which is a great option if you check luggage on United flights frequently — it offers two free checked bags for yourself and a companion when you use the card to pay for your ticket (or the taxes and fees on an award ticket).
15.99% – 22.99% Variable
Good to Excellent
100,000 Bonus Points after spending $3,000 on purchases in your first 3 months from account opening
Read more: The best hotel credit cards of 2021
There’s also a limited-time 100,000-point offer on the Marriott Bonvoy Boundless™ Credit Card to consider. Keep in mind that most hotel chains, including Marriott and Hilton, have temporarily paused points expiration due to the pandemic, so there’s no harm in earning points now for a vacation down the road.
Jasmin Baron is an associate editor at Personal Finance Insider, where she helps readers maximize rewards and find the best credit cards to fit their lifestyles. She has covered credit cards, points and miles, and loyalty programs for over seven years, and she’s a Certified Educator in Personal Finance (CEPF).