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The Best Credit Card Signup Bonuses

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The right signup bonus can easily pay for a round of international flights.

You’ll usually have to hit a spending requirement, like spending $3,000 within 3 months on your new card. If you’re planning on a big purchase already, getting a new card at the same time could give you a huge batch of points.

I’ve been thinking of switching one of my credit cards. I’m also planning on buying a new Macbook later this year. By doing both at the same time, I’ll easily walk away with 60,000 extra miles for stuff I was going to do anyway. That’s enough for round-trip tickets to Europe.

While I’m not a fan of choosing cards based on the signup bonus, it is worth looking at the best signups bonuses for the cards you already want.

The 5 Best Credit Card Signup Bonuses

Here are five of my favorite cards that offer some of the best signup bonuses.

1.Chase Sapphire Preferred

Not only does our favorite overall credit card have a great rewards program for a very reasonable annual fee, it also has a great signup bonus.

You’re eligible to receive 60,000 bonus points for spending $4,000 in the first three months. And with an annual fee of $95, it’s obtainable to many folks.

You’ll also get double points on airfare, hotels, and restaurants when using the card. If you love to eat out and travel like I do, you’ll rack up a ton of points over time.

The Chase Ultimate Rewards points program is one of the more valuable points programs too. There’s tons of partners that you can transfer points to at a 1:1 rate. This gives you a lot more flexibility than a standard airline miles program, you can find the perfect flight award across a range of airlines instead of being locked into one.

The Chase Sapphire card is one of the most popular cards of the past few years and for good reason.

*Terms apply – Learn how to apply online.

2. The World of Hyatt Credit Card

Chase World of Hyatt

The World of Hyatt credit card is primarily a hotel rewards card. If you stay in hotels frequently and want to commit to Hyatt, the World of Hyatt’s signup bonus is worth a look.

Perks include:

  • 25,000 in bonus points as long as you charge a minimum of $3,000 to your Hyatt card within the first three months
  • An additional 25,000 bonus points if you charge $6,000 in purchases within the first six months
  • Receive a free night once you earn 5,000 points
  • Get one complimentary night at a category 1-4 Hyatt property following your cardmember anniversary
  • Get two free night credits each time you make $5,000 in purchases
  • Receive 2 bonus points for every $1 spent at participating restaurants, airlines, gym memberships, and transportation

The World of Hyatt card comes with a $95 annual fee. However, cardholders who earn the maximum 50,000 bonus points within the allotted amount of time qualify for 10 free nights at a category 1 Hyatt property.

That’s a ton of perks and an amazing signup bonus for a reasonable annual fee. I’d definitely get this card if I stayed at Hyatt regularly.

*Terms apply – Learn how to apply online.

3. Capital One Savor

Savor

Travel is great, but what if you just want a credit card that gives you cash back on purchases?

If you still want a signup bonus, that won’t be easy. Many cash back cards don’t offer signup bonuses, they only have their standard cash back rewards.

Capital One Savor is one of the exceptions and is a great card on its own.

You’ll get a $300 cash bonus when you spend $3,000 within the first 3 months. Not bad.

For the cash back rewards, you’ll get 4% on entertainment and dining, 2% on groceries, and 1% on everything else.

If you’re looking to get a second card and boost your rewards, this is a perfect option. Use it for dining, entertainment, and groceries, then use your main card for everything else. Extra rewards and still really easy to follow.

All for an annual fee of $95 which is waived for the first year.

*Terms apply – Learn how to apply online.

4. Platinum Credit Card from American Express

American Express Platinum Card

The most well-known, well-respected, and perks-packed card for luxury travelers.

It comes with a 60,000 points bonus after you spend $5,000 in your first 3 months.

As for other perks, there’s plenty:

  • Uber VIP status and $200 of credits each year.
  • 5X points on flights booked directly with airlines or with American Express Travel.
  • 5X points on prepaid hotels booked on amextravel.com.
  • Access to Centurion lounges, some of the best lounges available.
  • Get free upgrades and perks at hotels through the Fine Hotels & Resorts program.
  • $200 Airline Fee Credit for purchases made with airlines (excluding tickets) at one qualifying airline.
  • $100 in statement credits each year at Saks Fifth Avenue.

The annual fee is one of the highest at $550. If you make full use of the statement credits, you’ll only pay $50 each year. That’s a great deal for the other perks.

*Terms apply – Learn how to apply online.

5. Amex Blue Cash Preferred

American Express Blue Cash Preferred

This is my other favorite cash back card with a great signup bonus. You get a $250 back if you spend only $1,000 in the first 3 months. This is a really low spending requirement for a signup bonus. If you’re on a tight budget and want a signup bonus that you can easily hit, go for this card.

It’s a strong cash back card too:

  • 6% cash back at US grocery stores on up to $6,000 per year in purchases (then 1%).
  • 6% cash back on select U.S. streaming subscriptions.
  • 3% cash back on transit (taxis/rideshare, parking, tolls, trains, buses, etc).
  • 3% cash back on gas at U.S. gas stations
  • 1% cash back on everything else.

These are some of the highest cash back rates around.

Keep in mind that this card comes with an annual fee of $95. That’s steep for a cash back card. As long as you’re maxing out the grocery benefit and using this card regularly for gas, it’s still worth it.

*Terms apply – Learn how to apply online.

How Credit Card Signup Bonuses Work

Also known as “welcome offers,” credit card signup bonuses are a way to get you in the door. They know you have a lot of options for credit cards. So they use signup bonuses to sweeten the deal.

Usually, you earn your signup bonus by charging a minimum amount to your card within a certain amount of time. It’s usually $3,000-4,000 within 3 months.

For example, a card might offer 75,000 bonus points, but only if you spend $5,000 in the first three months you have the card. If you spend just $4,500 during this time, you won’t earn the points.

Most signup bonuses are around 60,000 points. Occasionally, they’ll jump to 80,000 or even 100,000 for a short period. If you’ve been looking at a card and see an offer like this, jump on it.

Keep in mind that signup bonuses are temporary. They’ll come and go before you know it. If you were already planning on getting the card, it’s like getting free money. But if a signup bonus convinces you to get a subpar card that you’re stuck paying an annual fee on, you’ll easily pay more in fees than you got as a signup bonus.

And never stretch your spending further than you can comfortably pay off every month. Keeping a balance will negate any points or bonuses you get. Pay off your card in full every month, even during the signup period.

How to Choose The Best Credit Card Signup Bonus

Credit card signup bonuses can be a great way to earn valuable rewards, but it’s important to do your homework. Here are three things to consider.

1. Start With Cards You Really Want

Whenever I’m looking at a new card, I always start by creating a short-list of cards that would help me on an ongoing basis.

It should help me maximize rewards, get me access to new perks, or upgrade a previous card.

I factor in signup bonuses last.

This ensures that the card will fit nicely into my overall financial system and habits.

2. Check for Special Promotions

For your list of cards that you’re considering, check the signup bonuses for all of them. If I found a special promotion, I might change the order that I’m planning on getting my cards.

Let’s say I was considering an Alaska Airlines card and a Hilton card to get more perks while traveling. If Alaska was offering an elevated signup bonus, I’d probably get that card before I worried about getting the Hilton card. Or vice versa if Hilton offered an amazing signup bonus.

As a general rule, any signup bonus over 60,000 points should be considered.

3. Check Your Spending

Once you have a card and signup bonus picked out, check your spending. Can you easily pay your card off each month while going for the signup bonus?

If you hit the bonus and then carry a balance, the lender always gets the better deal. It only works in your favor if you pay off the card in full every month. Then it’s free money.

I like to break the signup bonus into monthly chunks, that tells me if it’s within my normal spending. For example, if I regularly spend about $1,000 on my credit card each month, I know I can easily handle a $3,000 spending requirement within 3 months to get a bonus. But a $4,000 spending requirement in the same timeframe would be tight.

One way to hit the spending limit more easily is to plan a larger purchase around the credit card. If you saved up for the purchase and were already planning on it, you can easily hit the spending requirement without stretching your budget. Computers, mattresses, furniture, and electronics are all great options.

If your budget looks good, get the credit card.

The Best Credit Card Signup Bonuses is a post from: I Will Teach You To Be Rich.



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My Unconventional Best Work-From-Home Gear Guide (What’s Yours?)

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I’m quite familiar with working from home in my tiny 78 sq. ft. “office”, but after looking at some online WFH gear guides recently, it’s all about standing desks, latest laptop models, and USB hubs. Eh? My desk is a basic folding table and my laptop is a 2015 Macbook Pro (with real scissor keyboard and real moving trackpad) that recently underwent DIY battery replacement surgery (way too complicated, Apple!).

My favorite WFH gear is different. Maybe yours is too? These are real things that I bought with my own money and I would buy them again if I had to do it all over again.

Quiet, Please! – 3M PELTOR X5A Over-the-Head Ear Muffs

I wear these every day to help me focus. They have the highest noise reduction rating (31 dB) available on the market. You even have to certify that you are using them for “professional/commercial use” (which I am while working for money, as far as I am concerned). At ~$30, they are also about $10 more expensive than other similar models, but I think the extra $10 is well spent to know you have the quietest experience possible. If you have kids running around the house, you need all the help you can get. They are “over ear”, which means they don’t put pressure on your ears and I can wear them for a relatively long time without discomfort. (I try to take regular breaks anyway.)

Budget Noise-canceling Headphones – Mpow H5 Active Noise Cancelling Headphones

After a certain member of the house (ahem) stole my trusty old pair of wired Bose QC25 headphones, I decided to try out a budget pair of $50 bluetooth noise-cancelling headphones. These over-hear headphones worked out quite well and I really don’t miss the old Bose ones. I’d say they are 80% as good while under 20% the price of new Bose QC35 headphones.

Note: I do own a pair of regular Airpods, which I got as a nice gift. I do like them and use them for phone calls around the house and outside, but I use the Mpow headphones while at my desk listening to music or editing things.

Dependable Printer – Brother Monochrome Laser Printer

This thing is the workhorse of my home office, and yet also the oldest electronic item here at over 10 years old. Which is rather crazy, given that it has moving parts and daily to scan PDFs, make copies, and of course print. These Brother black-and-white laser printers are like the Toyota Corollas of the printer world – cheap yet reliable. The cost per page can be very low thanks to generic toner cartridges (that link is for two of them) if you don’t mind a slight decrease in quality.

Dry Erase Whiteboard – Magnetic Dry Erase Whiteboard

Another inexpensive but important addition for a variety of reasons. Sometimes something physical is just better than the digital alternative. This one is lightweight and thus easy to remove from the wall and move it around. You can also put up complex equations or obscure drawings and put it behind you during those Zoom and Webex meetings and impress/confuse/scare your colleagues. I like these BIC markers as they are higher quality and have finer points.

Looking around my desk, other random things that I probably like more than I should are my TI-85 calculator, classroom-grade pencil sharpener, and an ancient Swingline stapler (sadly not the red 747). The only thing that I have been thinking about upgrading is my office chair. Any suggestions?



“The editorial content here is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone. This email may contain links through which we are compensated when you click on or are approved for offers.”

My Unconventional Best Work-From-Home Gear Guide (What’s Yours?) from My Money Blog.


Copyright © 2019 MyMoneyBlog.com. All Rights Reserved. Do not re-syndicate without permission.



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Best NRE FD Rates 2020 : All You Need To Know

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Non-Resident External or NRE Account can be a Savings, Recurring or Fixed Deposit Account where NRIs can deposit their foreign currencies which gets remitted to an Indian Account. An NRE account is held in Indian Rupees and is completely tax-free. In this article, we will discuss how you can select the best NRE FD and give you the best NRE FD rates in different banks in India.

NRIs cannot open a regular account that is designed for Indian Residents as per the guidelines by Foreign Exchange Management Act (FEMA) and this can attract huge penalties if breached. Also, no interest is earned if the account is closed within a year.

Benefits of an NRE FD Account

An NRE FD Account holder has the following benefits –

  • Both principal and interest earned are tax-free in India
  • Principal and interest earned are freely repatriable to account holder’s country of residence
  • High-Interest Rate
  • Can be opened jointly with other Non-Resident Indian(s)
  • Offers flexible tenures that may range from 1 year to 10 years

Best NRE FD Rates

Below is a table that compares NRE Account FD Rates across all the banks along with the tenures mentioned.

Name of the Bank Tenure
1 year 2 years 3 years 5 years
SBI 5.70% 5.70% 5.70% 5.70%
HDFC BANK 6.15% 6.15% 6.25% 6.15%
ICICI BANK 5.80% 5.80% 6.00% 6.00%
PNB 5.80% 5.80% 5.80% 5.80%
AXIS BANK 6.55% 6.65% 6.50% 6.50%
CANARA BANK 5.85% 5.85% 5.80% 5.80%
KOTAK MAHINDRA BANK 5.90% 5.90% 5.90% 5.50%
BANK OF BARODA 5.90% 5.90% 5.90% 6.15%
BANK OF INDIA 6.30% 6.25% 6.25% 6.25%
IDBI BANK 5.95% 5.85% 5.90% 6.10%
UNION BANK OF INDIA 6.75% 6.40% 6.40% 6.45%
FEDERAL BANK 6.15% 6.15% 6.25% 6.25%
INDUSIND BANK 6.65% 6.75% 6.75% 6.65%
YES BANK 7.25% 7.25% 7.25% 7.25%
CENTRAL BANK OF INDIA 5.70% 5.70% 5.70% 5.70%
INDIAN BANK 5.90% 5.80% 5.80% 5.80%
HSBC BANK 4.50% 5.00% 5.25% NA
CITIBANK 4.25% 4.25% 4.25% 4.50%
INDIAN OVERSEAS BANK 6.25% 6.30% 6.20% 6.20%
PUNJAB AND SIND BANK 5.85% 5.85% 5.85% 5.85%
UCO BANK 6.10% 6.10% 6.10% 6.05%
UNITED BANK OF INDIA 6.50% 6.25% 6.25% 6.00%
ORIENTAL BANK OF COMMERCE 6.25% 6.25% 6.25% 6.25%
DBS BANK 5.75% 5.75% 5.75% 5.75%

* IndusInd Bank provides this interest rate for 61 months and above. 

Small Finance Bank FD Rates

Our government has licensed some companies to operate as financial institutions, small finance banks for example. Though not a scheduled commercial bank, these institutes are very niche in operations Fixed deposit is one of the services offered by Small Finance Banks. Down below are some small finance banks that provide the best interest rates for an NRE FD Account.

Small Finance Bank Tenure/ FD Interest Rates
1 year 2 years 3 years 5 years
AU Small Finance Bank 7.00% 7.50% 7.77% 7.50%
ESAF Small Finance Bank 8.00% 7.75% 7.30% 7.30%
Equitas Small Finance Bank Limited 7.75% 7.45% 7.55% 6.75%
Suryodaya Small Finance Bank 8.00% 8.00% 8.25% 9.00%

Conclusion

We see that it is very tough to choose from, especially when each is better on its own. But there are certain factors you must keep in mind while going forward such as interest rate and a trustworthy long-term relationship with the bank. Also, you must check if the account can be operated from the country you live in right now. Some major banks have branches in countries like the USA, UK, and the Middle East.

The post Best NRE FD Rates 2020 : All You Need To Know appeared first on Compare & Apply Loans & Credit Cards in India- Paisabazaar.com.



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Coronavirus Stimulus Check 2020 [how much you’ll get & who qualifies]

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(The following is a transcription from a video I recorded. Please excuse any typos or errors.)

Quick little update for you.

The Senate and the White House reached an agreement on this big stimulus bill, the Trump coronavirus stimulus check for 2020.

Let me share with you who will be eligible, how much you will get, what the qualifications are, and when you can expect to receive the stimulus check from the U.S. government.

And so if you haven’t heard about this, it’s pretty cool because you’re probably going to be getting a nice fat check from the government.

Here are the details that you need to know.

It is expected to be up to $1,200 per adult and $500 per child, which is pretty fun.

These amounts are based off of your 2018 tax returns if you haven’t filed 2019 tax returns yet.

Taking Your Income Level Into Consideration

And according to this article from the Los Angeles Times, the amount received will decline gradually beginning with individuals who make $75,000 a year or married couples who make $150,000 total each year.

Individuals making $99,000, or above or couples making $198,000, or above would receive no check.

Which looks like this:

And here is another helpful breakdown of how big your stimulus check will likely be:

When will you get your check?

Stimulus Check Timeframe

The fun thing about is they’re expected to be shipping within the next few weeks.

So that’s really cool. And you don’t normally see the government move this fast on things, but the stock market’s been doing fantastic the last two days as a result of the expectation of this thing coming through.

While I’m not really excited about the long term effects of the government giving away all this money, I know a lot of people who will be excited to get a little bit of cash in their pocket.

So that’s the latest update for the Trump coronavirus stimulus check for 2020!

Let us know in the comments below what you plan to do with this Trump stimulus check that you will hopefully be receiving soon!



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