Although travel cards are known for the generous welcome bonus but there are cashback credit cards offer great welcome bonuses in the range of $25-$100. After spending a certain chunk of money , cash back credit cards will let you earn bonus. The cash back credit cards are good in the long run as valuable cash rewards amps up on spending across certain categories.
Among the best cash back credit cards various offer minimal to no signup bonus while others offer moderate bonus to grab the attention of the users. The cards that charge heavy annual fees often comes with generous welcome bonus. If you are a newbie then its favorable option to look for cashback credit cards offer great welcome bonus.
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Key Points
- The welcome bonus is solely for new cardholders who want to earn rewards after spending a certain chunk of money on purchases.
- The cash back welcome bonus is one of the flashiest perk of both the annual fee and no annual fee credit cards
- It is important to comprehend the requirements of the cash back credit cards in detail to meet the certain spending limit in a prescribed time period so that you won’t miss out the chance to earn cash back welcome bonus.
Cashback credit cards offer great welcome bonus
There are numerous cards that offer cash back welcome bonus in an annual fee but there are other options as well that come with no annual cost. Let’s deep dive into the details of both these cashback credit cards offer great welcome bonus.
Cash back credit card sign up bonus with Annual fee
- Capital One Savour One Cash Rewards Credit Card– Generous cashback bonus with mediocre annual fee
- Blue Cash Preferred® from American Express – Great pick for cash back welcome bonus in a moderate annual fee
Capital One SavorOne Cash Rewards Credit Card
Annual fee
This card comes with a total annual cost of $95. If you want to earn greater cash backs then this card fir sure deserves a special place in your wallet.
Cash back welcome bonus
Being the top pick in the list of cashback credit cards offer great welcome bonus, it can earn $300 cash bonus with a spending limit of $3,000 on purchases in the first 90 days of the account opening.
Cashback Rewards
Capital One SavorOne Cash Rewards Credit Card lets you earn 4% on entertainment and dining purchases that includes streaming subscriptions as well, 3% on the U.S super markets . Along with this apart from the cash back credit card sign up bonus , it can earn you 1% cash back on all the other purchases.
Blue Cash Preferred® from American Express
Annual fee
To facilitate a large user base, this card offers $0 in the introductory year and afterwards, it charges $95.
Cash back welcome bonus
Blue Cash Preferred® from American Express is a great cash back credit card sign up bonus card that can let you earn $250 as statement credit . To earn this welcome bonus you have to make purchases of up to $3,000 in the first 6 months of the account opening.
Cashback Rewards
Through this card you can earn greater bonus on U.S supermarkets and streaming subscriptions with a total cash back of 6%. Apart from that 3% cash back on U.S gas stations and transit and 1% cashback on all the other purchases.
Best Credit Cards for Groceries for 2024
As a foodie, if you spend a considerable amount of money on groceries, Blue Cash Preferred® from American Express is the best choice. Through 6% cash back you can save a substantial amount of money with the highest rate cash back reward.
Cash back credit card sign up bonus with no Annual fee
- Wells Fargo Active Cash® Card – Great cash back with high spending power
- Chase Freedom FlexSM – Viable optionfor cash back credit card sign up bonus
- Citi Custom Cash® Card – Best welcome bonus with higher spending limit
- U.S Bank Altitude® Go Visa Signature® Card – Cash back welcome bonus as points on eligible purchases
- Navy Federal Credit Union® More Rewards American Express® Credit Card – Greater bonus points with a spending cap
- Bank of America® Customized Cash Rewards Credit Card – High cash back welcome bonus for heavy spenders
- Chase Freedom Unlimited® – Great card that offer unlimited cash back match at the end of first year
Wells Fargo Active Cash®
Annual fee
This is a no annual fee credit card so you can keep this in your wallet without the tension of paying the hefty annual fee.
Cash back welcome bonus
This cash back credit card sign up bonus offers $200 as introductory bonus with a spending limit of $500 in the first 3 months of the card membership.
Cashback Rewards
As a cash back reward card, it lets you earn unlimited 2% cash back on all purchases. As there is no particular categories to keep tabs on so you can spend freely on all the purchases.
Best no annual fee credit card
As a flat rate cash back credit card , Wells Fargo Active Cash® gained the top position in the best no annual fee credit cards. This cards gives you the flexibility to make purchases freely with its unlimited 2% cash back offer on all purchases.
Chase Freedom FlexSM
Annual fee
Chase Freedom FlexSM comes with an annual cost of $0 . You can use this card to make purchases with ease and no tension for annual fee charges.
Cash back welcome bonus
Cashback credit cards offer great welcome bonus with a lower spending limit too . As his card in the list lets you earn $200 with purchases of up to $5000 in the first 3 months of account opening.
Cashback Rewards
The cash back credit card sign up bonus is not the only thing that this card offers but it lets you earn 5% cash back on quarterly bonus categories capped with a combined spending limit of $1,500 in each quarter. Also , if you book travel through its Chase Ultimate Rewards program then you can earn 5% cash back .
Chase Freedom FlexSM offers 3% cash back on drug store and dining purchases and additionally 1% on all the other purchases. Moreover, 5% cashback is also applicable on Lyft services that are purchased through the Lyft application.
Citi Custom Cash® Card
Annual fee
With no annual fee, this card comes with a lot of perks for the users to get benefit from.
Cash back welcome bonus
Cashback credit cards offer great welcome bonus with a higher spending limit but with an extended duration of spending With the spending limit of $1,500 on purchases in the first 6 months this card can let you earn $200. This bonus can also be in the form of 20,000 ThankYou® points that can also be redeemed as $200 cash back .
Cashback Rewards
The good aspect of the card is its 5% cash back on spending of $500 in the highest spending category in each billing cycle. You can make a choice between the 10 categories that include grocery stores, streaming subscriptions, restaurants and much more. Other than the cash back credit card sign up bonus you also get 1% cash back on all the other purchases .
Citi Custom Cash® Card lets you earn the cash back in the form of ThankYou® points that can be easily redeemed as statement credit , gift cards , direct deposit , travel and can let you shop points with the Amazon.com.
U.S Bank Altitude® Go Visa Signature® Card
Annual fee
This card charges no annual fee so it deserves a special spot in your wallet.
Cash back welcome bonus
Cashback credit cards offer great welcome bonus also in the form of points that can redeemed as cash back too . Through this card you can easily earn 20,000 bonus points after making purchases of up to $1,000 in the first 3 months of card Membership.
Cashback Rewards
Other than the cash back credit card sign up bonus you get 4 points on each dollar spent ion dining , 2 points on U.S Supermarkets, gas stations, EV charging stations, and major streaming subscription . On all the other purchases you get 1 point.
Navy Federal Credit Union® More Rewards American Express® Credit Card
Annual fee
The annual fee charges of this card is $0 and it can reward you for everyday spending.
Cash back welcome bonus
Another card in the list of cashback credit cards offer great welcome bonus in the form of bonus points. Navy Federal Credit Union® More Rewards American Express® Credit Card lets you earn 20,000 points with a spending limit of $1500 in the first 3 months . In terms of cash back the reward is $200 .
Cashback Rewards
This card lets you earn 3 points on each dollar you spent on gas stations, groceries, dining and transit. As it offers the best cash back credit card sign up bonus, it also offers 1 point per dollar on every other purchase.
Bank of America® Customized Cash Rewards Credit Card
Annual fee
This card comes with $0 annual fees and is right fit for your wallet.
Cash back welcome bonus
With a spending limit of $1,000 this card offers cashback welcome bonus of $200 in the first 90- days of the account opening.
Cashback Rewards
This card can let you earn 3% cash back on the category of your choice from a long list of categories, 2% on the grocery stores and Wholesale club with a combined spending of at least $2,500 in each quarter. Also, like all the other cards this provides a cashback bonus of 1% on all purchases.
Chase Freedom Unlimited®
Annual fee
If you are considering a credit card to put in your wallet at first place then do consider this card with a total annual fee of $0.
Cashback welcome bonus
The cash back credit card sign up bonus of this card is unique as it offers unlimited cash back match at the end of the first year. As there is no limit on the amount of the cash back you can earn so you can easily rack up the rewards with your higher spending power.
Cashback Rewards
On travel that is purchase through the Chase Ultimate Rewards , this card can let you earn 5% cash back . Apart from the cash back welcome bonus there is 3% cash back on restaurants and drug stores while 1.5% cash back on all the non- bonus categories.
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Frequently Asked Questions
Which cashback credit cards with sign up bonus are good?
The cash back credit cards offer sign up bonus but the amount is not in a bigger value when compared with the travel cards. If you prefer a card with annual fee and greater cash back then the top pick is Capital One Savour One Cash Rewards Credit Card. But in case you prefer no annual fee credit card then the viable choice is Wells Fargo Active Cash® Card
How do I redeem cashback bonus?
There are multiple ways to redeem the cashback bonus that includes statement credit , direct deposit to the bank , check , gift cards and merchandise.
How the credit card welcome bonus offers work?
For majority of the credit cards you are required to spend a certain amount of money in a prescribed time frame to avail welcome bonus. If you are unable to spend it in the given time slot you will not be eligible for the sign up bonus.
