10 Best Credit Card Offers For August

In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!

Every month I make a post with what I consider to be the best credit card sign-up bonuses of the month.

While there are several excellent long standing credit card offers, the specifics of the best offers are constantly changing (be it the annual fee, minimum spend requirement, or even amount of the sign-up bonus).

If you read my blog on a daily basis then by all means skip this post, but for me it’s a useful, “current” place to refer people who ask about which cards they should sign-up for, a question I get on a daily basis.

We’ve seen some great sign-up bonuses over the past few months, including new offers being added, and others being discontinued.

With that in mind, below are what I consider to be the 10 best right now:

1. Ink Business Preferred℠ Credit Card

Current offer: 80,000 Ultimate Rewards points after spending $5,000 within three months from account opening
Annual fee: $95

Why it’s a great offer: The Ink cards have extremely generous category bonuses which help sole proprietorships and small businesses maximize points on everyday credit card spend. This card was only introduced last year, and offers 3x points on the first $150,000 spent annually in combined purchases on travel, shipping, internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year.

So this is a card that’s good for both for the sign-up bonus and for everyday spend. I value Ultimate Rewards points at ~1.7 cents each, so to me the sign-up bonus is worth ~$1,265 after subtracting the annual fee.

Korean-Air-Business-Class-747-8 - 1
Redeem Ultimate Rewards points for travel in Korean Air business class

2. Chase Sapphire Preferred® Card

Current offer: 50,000 Ultimate Rewards points after spending $4,000 within three months, plus an additional 5,000 Ultimate Rewards points when you add an authorized user to the card that makes a purchase within three months
Annual fee: $95, waived the first year

Why it’s a great offer: Ultimate Rewards points can be transferred at a 1:1 ratio to Korean Air, United, Hyatt, and many other programs. The card is also great for everyday spend given that it offers double points on dining and travel. I value the sign-up bonus on this card at ~$935.

park-hyatt-vienna-suite-9
Redeem Ultimate Rewards points for the Park Hyatt Vienna

3. The Business Gold Rewards Card from American Express OPEN 

Sign-up bonus: Earn 50,000 Membership Rewards points after spending $5,000 within the first three months
Annual fee: $175, waived the first year

Why you should consider applying: This is one of the best small business cards out there in terms of the bonus points it offers, given that you earn bonus points in the following five categories:

  • Airfare purchased directly from airlines
  • U.S. purchases for advertising in select media
  • U.S. purchases at gas stations
  • U.S. purchases for shipping
  • U.S. computer hardware, software, and cloud computing purchases made directly from select providers

You can pick in which category you want to earn 3x points, and then in the other four categories you earn 2x points.

On top of that, this is a fantastic sign-up bonus for a card that doesn’t have an annual fee the first year. I value Membership Rewards points at ~1.7 cents each, so to me the sign-up bonus is worth ~$850.


Redeem Amex points for travel in ANA first class

4. Citi Prestige® Card

Sign-up bonus: Earn 75,000 Citi ThankYou points after spending $7,500 within the first three months
Annual fee: $450

Why you should consider applying: This is a big sign-up bonus, though also a big minimum spend requirement in order to qualify for it. The good news is that the Citi Prestige Card offers lots of long term benefits, including a $250 annual airline credit, a great fourth night free hotel benefit, a Global Entry fee credit, a Priority Pass membership, and much more.


Transfer Citi ThankYou points to Etihad Guest for redemptions in the Etihad A380 Apartment

5. Citi® / AAdvantage® Executive World Elite™ Mastercard®

Sign-up bonus: Earn 75,000 American AAdvantage miles points after spending $7,500 within the first three months
Annual fee: $450

Why you should consider applying: This is the biggest sign-up bonus we’ve seen on the card in years, and this is also the best card for getting Admirals Club access nowadays. Not only does the primary cardmember get an Admirals Club membership, but you can add up to 10 authorized users at no additional cost, and each of them gets Admirals Club access. This is extremely valuable for anyone who values lounge access with American.


This card is arguably the best for getting Admirals Club access

6. Citi ThankYou® Premier Card

Sign-up bonus: Earn 50,000 ThankYou points after spending $4,000 within the first four months
Annual fee: $95 (waived the first year)

Why you should consider applying: The points earned on this card can be redeemed for 1.25 cents each towards the cost of an airline ticket, making the sign-up bonus worth a minimum of $625. Alternatively points can be transferred to any of the ThankYou airline and hotel partners, potentially allowing you to get even more value out of the points.

The card also offers a great return on spend, as it offers triple points on travel and gas, and double points on dining and entertainment. That makes it one of the most well rounded mid-range credit cards.

I value ThankYou points at ~1.5 cents each, so to me the sign-up bonus is worth $750.


Redeem ThankYou points for 1.25 cents each towards the cost of an airline ticket

7. IHG® Rewards Club Select Credit Card 

Current offer: Earn 80,000 bonus IHG Rewards Club points after spending $1,000 within three months, plus an additional 5,000 IHG Rewards Club points when you add an authorized user to the card that makes a purchase within three months
Annual fee: $49, waived the first year

Why it’s a great offer: This is one of the most well rounded hotel credit cards out there, as it offers an annual free night certificate valid at virtually any IHG property in the world, 10% off points redemptions (for a refund of up to 100,000 points per year), and IHG Rewards Club Platinum status for as long as you have the card. The card also isn’t subjected to the Chase 5/24 rule.


Redeem your annual free night certificate at the InterContinental Hong Kong

8. British Airways Visa Signature® Card

Current offer: Earn 50,000 bonus Avios after spending $3,000 within three months, plus an additional 25,000 Avios after spending $10,000 within the first year, plus an additional 25,000 Avios after spending $20,000 within the first year
Annual fee: $95

Why it’s a great offer: This sign-up bonus is great, regardless of whether you’re looking to just earn the entry level bonus of 50,000 Avios, or want to spend $20,000 on the card within the first year to earn a total of 100,000 Avios. On top of that, keep in mind that if you spend $30,000 on the card in a year you’ll earn a companion certificate, which means that a companion can fly with you for just the cost of taxes and fees on British Airways. This card also isn’t subjected to the 5/24 rule.


Redeem your British Airways Avios for travel on Aer Lingus

9. Starwood Preferred Guest® Credit Card from American Express and Starwood Preferred Guest® Business Card from American Express

Current offer: Personal — 25,000 bonus Starpoints after you spend $3,000 on purchases within the first three months; Business — 25,000 bonus Starpoints after you spend $5,000 on purchases within the first three months
Annual fee: $0 introductory annual fee for the first year, then $95

Why it’s a great offer: Starpoints remain the most valuable points currency out there to me, and are a great value for both hotel redemptions and airline mileage transfers. I value Starpoints at 2.2 cents each, so this sign-up bonus is worth $550 to me.

Le-Meridien-Paro-Bhutan - 2
Redeem Starpoints at the Le Meridien Paro

10. Barclaycard Arrival Plus™ World Elite MasterCard®

Current offer: Earn 50,000 bonus miles when you spend $3,000 on purchases in the first 90 days — that’s enough to redeem for a $500 travel statement credit; get 5% miles back to use toward your next redemption, every time you redeem for travel statement credits
Annual fee: $89, waived the first year

Why it’s a great offer: This sign-up bonus is 25% bigger than usual, and it’s the best offer we’ve ever seen on this card. This is one of the best travel cashback credit cards, as you essentially earn the equivalent of a ~2.1% return on everyday spend, which can be applied towards travel purchases. Add in the great sign-up bonus, and this is a very compelling card.


You can even redeem your Barclaycard Arrival Plus miles towards a car rental

If you have any questions or other cards you think have great sign-up bonuses, let me know in the comments section!

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Comments

  1. Interesting the Prestige wasn’t in the top 10 last month, when only TPG had an affiliate link for this same offer. Now in August it’s in the top? Why the change?

  2. Why the Sapphire Preferred over the Sapphire Reserve? Given that the real difference in annual fee is $55 it would seem a better deal. What am I missing?

  3. You’re missing the Barclay Aviator , 50k miles after first purchase with card. not minimum spend required.!!

  4. Isn’t the Delta Amex card of value….it was there some time back. Also isn’t the Amex AAdvantage card of value…….it was also there with delta card…

  5. 121pilot@ the reason that Chase Sapphire Reserve drop from the list is coming from JP Morgan Chase Co., lost profit about 2-300 millions USD on it. From quote by CEO Jamie Dimon.
    https://www.bloomberg.com/news/articles/2016-12-06/dimon-says-new-card-cuts-profit-by-up-to-300-million-in-quarter
    In the past even CSR dropped bonus from 100,000 to 50,000, all the Travel Blogger still keep saying CSR is worth than CSP by earning 3 points and other benefit such as Priority Pass & Travel credit especially you can earn 2*300 travel credit in first year of holding card so it will made you come ahead of 450USD annual fee in first year and you can downgrade CSR to Chase freedom later.
    Now, if you looking all the Travel Blog, no one promote CSR anymore. IMO, I believe it come from Chase don’t give any incentive to them for invite people to apply for CSR.

  6. The recent Barclay JetBlue card should be there, lots of value to be found in the higher 40k signup bonus

  7. @Patrick,

    So your saying Lucky isn’t promoting the CSR because It isn’t in his financial interest to do so. In other words Lucky’s credit card advice is based on what earns him the most money not what is best for his readers.

    I’d like to see Lucky respond and answer the question but I’m getting the sense he won’t.

  8. @121Pilot,
    It’s just my opinion because suddenly all travel blog drop CSR link in the same time. So, it is strange. Also, like I said, before even CSR drop bonus from 100,000 to 50,000 points, everyone still encourage to apply since for first annual year of the card you will get travel credit twice because everyone keep saying travel credit use calendar year. It mean before you will pay for renew your CSR, you will get another 300 USD for travel credit. For travel credit alone, you will get 600 USD which more that CSR annual fee. After that, you have to transfer you earning point and downgrade to non-annual fee card like Freedom Unlimited.
    So, it is look strange that everyone just turning to recommend CSP in the same time. But hey, it is only my opinion. I may be wrong, who’s know?

Leave a Reply

Your email address will not be published. Required fields are marked *