Credit card companies aren’t shy to shell out the big bucks to entice new users whom they desire. The key targets are those with established good credit history. These people use their cards frequently and always pay their bills on time. The goal of this blog is to highlight the offers currently available, so that the right demographic can easily find the best deals to take advantage of.
This blog is created by credit card enthusiasts. We have taken advantage of such offers since our days as students and have carried onward into our days as professionals in our own career fields. Many of us have taken free (or heavily discounted) flights, hotel stays, gift cards, and cash from these promotions. We believe that taking advantage of these promotional offers is no different from getting free Amazon gift cards for test driving the new cars or waiting in line on Black Fridays. After all, we give the card issuers chance to convert us into long term users.
We hope you enjoy what we put together here and feel free to leave comments on deals and offers we may otherwise have overlooked.
Credit Card Bonus FAQ
Q. What is a credit card bonus?
We define a bonus credit card as a credit card that offers special bonus for new members. These bonuses typically include airline miles, points, or simply cash upon approval and meeting the term requirement. We track all the current offers where the bonuses with values of at least $100.
Q. What is the best bonus out there?
The answer depends on your habit and uses. Majority of these offers come in the form of gift card, airline miles, or points. So if you don’t fly a certain airline (perhaps your nearest airport is not part of their route), then the bonus is of little value to you. In other words, this is heavily dependent on whether if you can use the bonuses.
Q. Can I apply for multiple cards and take advantage of offers for multiple times?
No, credit card companies have gotten smarter and smarter over the years. They now restrict (and they do have legitimate reasons) the bonuses to be applied to first time card members who have never take advantage of the same offer or deal for that card previously.
Q. Why do I hear my friend say he’s has taken the offer twice?
One possible reason is that he canceled his own card for an extended period of time before apply for the new one. There is no confirmed length on that time period before your status resets, but our experiences tell us card companies will allow you to take advantage of the bonus if you have canceled your old card for 6 to 12 months.
Q. Is there another way to take advantage of the offers more than once?
Yes, there is a legitimate way to “double dip” on this – by using a business credit card version. Many credit cards have near identical offers for the business version and personal version, and they usually don’t restrict the number of times on the business versions. You have to be a business owner or authorized executive to apply for a business credit card under the company’s name.
Q. Do these special reward points expire?
While credit cards offer different kinds of reward systems, it all depends on what is stated under terms and conditions. Some will expire 24 to 36 months, while some will never expire. Of course, it is probably not smart to hold on to your reward points forever since they can always change (raise) the redemption cost and your reward points will depreciate as a result.