Many travel credit cards offer signup bonus that can be exchanged for free air tickets or free nights at the sponsored hotels. In addition to the signup bonus, you will also earn rewards points for every dollar spend on selected categories. The following are the top 3 travel credit cards that offer the best signup bonus in April 2017.
1. Ink Business Preferred
Ink Business Preferred offers a signup bonus of 80,000 bonus points when you spend at least $5,000 within a period of 3 months starting from the time you open the account. The 80,000 bonus points can be used to exchanged for free first class air ticket at Korean Air or business class air ticket from Singapore KrisFlyer. Every dollar that you spend on selected categories including travel, internet, hone, advertising and courier will continue to earn you 3 points until you reach $150,000 in expenses. It does not charge foreign transaction fee when you use the card for shopping in your overseas travel. Cardholders will enjoy free car rental insurance. If you use the card to pay your cell phone bills, you will get coverage for your cell phone of up to $600. The card has a $95 annual fee.
2. Chase Sapphire
Chase Sapphire is offering 50,000 bonus points for the first $4,000 that you spent within 3 months of the account opening. The 50,000 bonus points can be exchanged for a travel voucher worth $625. If you can find someone to be an authorized user on your card, you will be able to claim 5,000 bonus points. The authorized user that you add on the card must make at least one purchase in 3 months. Chase Sapphire is rewarding cardholders with 2 points per dollar spent on shopping categories such as restaurant, and travel. The points that you earn can be transferred to a number of airlines and hotels. The annual fee is free for the first year but you will get charged with a $95 fee in the following year.
3. Starwood Preferred Guest Credit Card
Starwood Preferred Guest Credit Card offers a signup bonus of 35,000 points for card holders. According to the rewards point system, you will earn the first 25,000 points for the first $3,000 you spend in the first 3 months. You also stand the opportunity to earn the other 10,000 points when you spend at least $2,000 in the first 6 months. Every dollar that you spend at the Starwood and Mariott hotels will earn you 2 points. Other purchases that you make will also earn 1 Starwood point. If the total bill of your credit card is $30,000 or more in a year, you will get 2 stays and 5 nights at a Starwood/Mariott hotel.