Once upon a time, the majority of loyalty-rewards points were earned for traveling. No more. Today, more points are earned for credit-card purchases than for flying or staying in hotels or, well, for anything. Which explains why today's frequent flyer programs are more accurately referred to as frequent buyer programs.
When it comes to racking up credit-card points, the single largest trove of points is likely to be the new costumer bonus offered by the card issuer to new cardholders who meet certain requirements, typically meeting a spending target within a set period.
In recent years, such new customer bonuses have occasionally topped 100,000 miles, and anything less than 50,000 miles is generally considered a yawner by consumers who zealously monitor bonus levels in pursuit of the most generous payouts. The offers are in constant flux, rising and falling as market conditions change and card issuers' goals evolve.
With that in mind, here is our monthly roundup of the biggest new customer bonuses currently on offer for some of the most popular travel-rewards charge and credit cards.
Citi / AAdvantage Platinum Select World Elite Mastercard
Welcome offer: 50,000 miles after spending $7,500 within the first three months of account opening.
Annual fee: $95, waived the first 12 months.
Comment: A popular card, linked to the world's largest airline's loyalty program.
Disclosure: Citi is an Airfarewatchdog advertiser.
Citi / AAdvantage Executive World Elite Mastercard
Welcome offer: 50,000 miles after spending $5,000 within the first three months of account opening.
Annual fee: $450.
Comment: The high-end AAdvantage card comes bundled with a long list of travel perks, including annual lounge membership.
Disclosure: Citi is an Airfarewatchdog advertiser.
British Airways Visa Signature Card
Welcome offer: 50,000 Avios after spending $3,000 within the first three months of account opening, plus an additional 25,000 points after spending $10,000 in the first year, plus an additional 25,000 points after spending $20,000 in the first year.
Annual fee: $95.
Comment: There's the potential to earn 100,000 miles after spending $20,000 within 12 months of account opening.
Gold Delta SkyMiles Credit Card from American Express
Welcome offer: 60,000 miles after spending $3,000 within the first four months of account opening.
Annual fee: $95, waived the first year.
Comment: Offer expires July 5, 2017.
Editor's Note: This offer is no longer available.
Platinum Delta SkyMiles Credit Card from American Express
Welcome offer: 70,000 miles plus 10,000 Medallion Qualification after spending $4,000 within the first four months of account opening.
Annual fee: $195.
Comment: Offer expires July 5, 2017.
Editor's Note: This offer is no longer available.
The Hyatt Credit Card from Chase
Welcome offer: Two free nights at any Hyatt hotel after spending $2,000 within the first three months of account opening, plus 5,000 points for adding an authorized user who uses the card with three months.
Annual fee: $75.
Comment: Taking advantage of the free nights at pricey Hyatt properties should more than justify the annual fee.
Editor's Note: This offer has expired and is longer available.
Marriott Rewards Premier Credit Card from Chase
Welcome offer: 80,000 points after spending $3,000 within the first three months of account opening, plus an additional 7,500 points for adding an authorized user who uses the card within three months.
Annual fee: $85.
Comment: Good program, solid card, big bonus.
Editor's Note: This offer has expired and is longer available.
The Platinum Card from American Express
Welcome offer: 60,000 Membership Rewards points after spending $5,000 within the first three months.
Annual fee: $550.
Comment: While the card's annual fee is among the very highest, it also comes bundled with a robust set of travel perks, including lounge access, up to $200 statement credit for bag fees, and five points per $1 for flights booked direct with American Express.
Chase Sapphire Preferred® Card
Welcome offer: 50,000 points after spending $4,000 within the first three months of account opening, plus an additional 5,000 points for adding an authorized user who uses the card within three months.
Annual fee: $95, waived the first year.
Comment: Ultimate Rewards points can be transferred into a number of airline and hotel programs, as well as redeemed for travel through the Ultimate Rewards portal. In the latter case, 50,000 points are worth $625.
Starwood Preferred Guest Credit Card from American Express
Welcome offer: 25,000 Starpoints after spending $3,000 within the first three months.
Annual fee: $95, waived the first year.
Comment: While the bonus itself is comparatively modest, Starwood points are among the most valuable loyalty currencies, as they're transferable to 30-plus airline frequent flyer programs, mostly on a one-to-one basis, and there's a 5,000-point bonus when transferring 20,000 points to a participating airline program.
Many of the above-listed consumer cards are also available as business cards, sometimes featuring the same bonuses. That means it's possible to double up on the bonuses if you're eligible for a business as well as a consumer card.
Editor's note: This content is not provided by any bank, credit card issuer, airline, or hotel chain. Any opinions, analyses, reviews or recommendations expressed here are those of the author's alone, and have not been reviewed, approved, or otherwise endorsed by the aforementioned entities.
