Here are some easy promotional offers from credit cards that have helped me save for an early retirement! I regularly supplement my income and boost my savings rate by taking care of my credit and only applying for the most lucrative offers, like the ones below. Last year I earned more than $2,500 in rewards. Updated as of July 2014.
Earn 40,000 Bonus Points, Worth $500 in Travel Rewards
The Chase Sapphire Preferred® is a rewards credit card offering new cardholders 40,000 bonus points after you spend $3,000 in purchases within the first 3 months. This is quite a good deal, as 40,000 points can be redeemed for $500 in travel when you redeem through Chase Ultimate Rewards. Earn 5,000 additional bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening. No annual fee for the first year, $95 in future years. They also now offer 2 points per dollar spent on dining at restaurants, airfare, hotels, car rentals and other travel expenses, as well as 1 point per dollar spent on all other purchases.
(This card is the “big brother” of the regular Chase Sapphire® card, where you can get 10,000 points after you spend $500 in purchases within the first 3 months, and an additional 2,500 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening. There is no annual fee in the first year or subsequent years.)
50,000 Points Worth $500 Cash, $625 in Airfare
Here’s another bonus worth $500+ for all you freelancers, consultants, and small business owners out there (even if you don’t even know it). The Ink Bold® Business Charge Card is offering 50,000 bonus points after spending $5,000 in the first 3 months your account is open. There is no annual fee for the first year, $95 after that. Also earn 5 points for every dollar on everyday business expenses on up to $50,000 in purchases.
Many people aren’t aware of the fact that they can apply for business credit cards, even if they are not a corporation or LLC. Why? Because any individual can be a business as well. The business type is called a sole proprietorship.
- Open an Ink Bold® Business Charge Card account
50,000 Bonus Points worth Multiple Hotel Stays (Up to 10 Free Nights)
The Marriott Rewards Premier Credit Card is currently offering 50,000 bonus points after spending just $2,000 in the first 3 months of Card ownership. Unlike other cards on this list, you’re not going to want to convert those points to gift cards, because you’ll lose a lot in translation. Marriott rewards points are best used to stay at Marriott hotels, and 50,000 points almost good enough for a one night stay at any Ritz Carlton hotel in the WORLD. If one night of luxury isn’t your thing, you can use the 50,000 points to stay at a Category 1 hotel for a week!
In addition to the 50,000 bonus points, new cardmembers also receive a free night’s stay at any category 1-4 hotel. That means up to 8 free nights; which is quite the sign-up reward these days. The $85 annual fee is waived for all first year cardholders.
Citi ThankYou Premier Card
Brand new, the Citi ThankYou Premier Card is currently offering 50,000 bonus ThankYou points to new customers. The bonus comes in two parts; the first (20,000 ThankYou points) when you sign up and spend $2,000 in the first three months of card ownership. The second (30,000 ThankYou points) when you spend $3,000 in the first three months of your second year of card ownership. The idea behind this from the point of view of Citi is to keep you using your ThankYou Premier Card.
ThankYou points don’t translate into your usual 100 points = $1, but when you redeem for gift cards … it does. There is also a 25% bonus when you redeem your points for travel, thus 50,000 bonus points can turn into $625 in rewards. Triple points on restaurants and entertainment, double points on airfare and single points on everything else, the Citi ThankYou Premier Card has a $125 annual fee; waived for the first year.
- Open a Citi ThankYou Premier Card account