$1000 Credit Card Bonus Offers

By far, my favorite thing about credit cards is the extra perks. From the initial sign-up bonus to cash back and travel rewards, many credit card companies offer a pile of “free” money to new customers. Today, you can find $1000 credit card bonus offers, especially if you combine rewards.

Instead of focusing on the biggest overall sign-up bonus, this post features cards with the most overall earning potential. Fortunately, you don’t necessarily need excellent credit to get a high-earning credit card. While top-tier cards are definitely more exclusive, there are plenty of options for those who have average or good credit, too.

Best $1,000 Credit Card Bonus Offers

Here are our top picks for high-earning credit cards in December 2022:

1. Chase Freedom Unlimited®

Chase Freedom Unlimited® is one of my favorite entry-level rewards credit cards. There’s no annual fee, and new cardholders will earn a $200 bonus for spending just $500 or more in the first three months after opening. On top of that, the card earns 5% cash back on the first $12,000 you spend at select supermarkets every year, which equates to an additional $600 in annual earning potential.

Chase Freedom is also a great travel credit card, with 5% back on any travel purchases made through Chase Ultimate Rewards. Additionally, you get 3% cash back at restaurants, including takeout, and 3% back on drugstore purchases. Every other transaction earns a standard 1.5% cash back.

Plus, you can enjoy all of these earnings without the risk of paying interest in your first year. Chase Freedom comes with a 0% intro APR on both purchases and balance transfers, so it can serve multiple functions as your go-to credit card.

*Total based on sign-up bonus and estimated annual cash back earnings

2. Chase Freedom Flex®

Chase Freedom Flex® is a simple, no annual fee credit card that has some surprisingly high earning potential if you use it correctly. Plus, in line with its name, it comes with a bit more flexibility than the Freedom Unlimited.

With Freedom Flex, you can choose which quarterly bonus categories you earn 5% cash back in. The options include gas stations, grocery stores, and select online merchants. Otherwise, the card includes the same 5% back on Chase Ultimate Rewards purchases, plus 3% on dining and drugstore, and 1% on everything else.

Freedom Flex also shares the same initial bonus offer as Freedom Unlimited, with $200 up for grabs if you spend $500 or more in your first three months. It also offers a 0% introductory APR for 15 months.

*Total based on sign-up bonus and estimated annual cash back earnings

3. Chase Sapphire Preferred®

The Chase Sapphire Preferred® card is a premium option intended for those who spend a lot on dining and travel. There’s a $95 annual fee, but new cardholders earn 60,000 bonus points (about $750) when they spend $4,000 or more in the first three months.

The bonus itself gets you close to our $1,000 earning threshold, but you’ll blow past it when you earn unlimited 5x points on travel purchases through Chase Ultimate Rewards. Plus, you get triple points on dining out, groceries, and certain streaming services.

In general, this card is the best bet for those who want to focus their earnings on travel expenses. The points you earn carry the most value when you use them for travel, so if you’re looking for a cash rewards credit card, you can likely find a better option.

*Total based on sign-up bonus and estimated annual cash back earnings

4. Chase Sapphire Reserve®

Not only is Sapphire Reserve® one of Chase’s most popular credit cards, but it’s also one of its more exclusive ones. You’ll definitely need an excellent credit score to get it, and it comes with a steep annual fee of $550.

That said, the reason this card is so popular is that its host of rewards and perks more than cancel out the high cost. To start, there’s an 80,000-point (about $1,200) bonus up for grabs in your first three months if you spend $4,000 or more. On top of that, cardholders get a $300 statement credit each year toward airline ticket purchases.

Sapphire Reserve members also get VIP airport lounge access at more than 1,300 locations throughout the U.S., and a $100 credit toward TSA pre-check every four years. Pair all of this with 10x points on car rentals and hotel stays and 5x points on all other travel expenses, and you’re looking at possibly the best pound-for-pound travel card on the market.

*Total based on sign-up bonus, estimated annual rewards earnings, statement credits, and travel perks

5. American Express® Gold Card

Amex Gold is another great travel card, but its perks aren’t limited to flights and hotel stays. It’s a solid all-arounder that covers most of the main spending categories, so it presents value even if you aren’t traveling.

In the first six months of card membership, you’ll earn 60,000 bonus points if you spend $4,000 or more. That’ll get you off to a great start with your reward points, but you’ll add to your balance with quadruple points at restaurants and grocery stores, plus triple points for flight purchases.

The $250 fee per calendar year is somewhat steep, but you’ll cut into a good chunk of it with a $120 annual dining credit for a ton of popular delivery apps and restaurants. You also get another $120 toward Uber and UberEats each year, so if you like to eat, your annual card fee is pretty much covered.

*Total based on sign-up bonus, estimated annual rewards earnings, statement credits, and travel perks

6. The Platinum Card® from American Express

Amex Platinum is an upgraded version of its Gold Card. Its annual fee is jacked up to $695, but the initial membership bonus follows suit and goes up to 100,000 points.

However, while that bonus is nothing to scoff at, the Platinum Card keeps it coming with year-round earning. Just look at all of the statement credits that are up for grabs each year:

  • $200 toward hotel stays
  • $240 toward streaming services
  • $155+ toward Walmart purchases
  • $200 toward airline fees
  • $200 in Uber Cash
  • $300 toward Equinox membership
  • Complimentary Priority Pass membership
  • Complimentary Centurion airport lounge access

Even if you don’t qualify for the sign-up bonus for some reason, some quick math can tell you that this card still earns more than $1,000 for its members each year. And that’s before we even get to its point system.

For reward points, Platinum focuses on travel categories, with 5x points for flights and hotels purchased through the Amex portal. All other purchases won’t see a multiplier, so your best bet is to have another card for the grocery store, gas stations, and restaurants.

So, while the upfront costs of Platinum is certainly intimidating, it far outpaces Gold in terms of total earning potential. You’ll need an excellent credit history to add it to your wallet, but if you can swing it, this is one of the highest-earning cards you’ll find anywhere.

*Based on sign-up bonus, estimated annual rewards earnings, statement credits, and travel perks

7. Capital One Venture®

For folks with excellent credit, Capital One Venture is among the best overall travel cards available. Venture earns double miles on any and all purchases, and you earn 75,000 bonus miles when you sign up and spend $4,000 in your first three months.

You can use these miles to either book through Capital One Travel or reimburse yourself for travel purchased elsewhere. However, it’s in your best interest to book through Capital One, as you’ll earn 5x miles on hotels and rental cars booked through the app. The card also comes with free TSA Pre-check and no foreign transaction fees.

Venture is reasonably priced with a $95 annual fee, but you could always opt for VentureOne if you prefer a free credit card with fewer perks.

*Based on sign-up bonus, estimated annual rewards earnings, statement credits, and travel perks

8. Citi® Double Cash

Citi® Double Cash is a cash back rewards Mastercard that earns 2% on every single purchase you make. But there’s a twist. Instead of dishing out the full 2% all at once, Double Cash splits it up.

Here’s how it works: When you buy something, you automatically earn 1% cash back, then an additional 1% when you pay your bill. With this in mind, Double Cash isn’t a great card for those who tend to carry a balance.

Otherwise, Double Cash has no annual fee, no category restrictions, and no limits on how much cash back you can earn. It’s a fairly flexibile card that allows you to use your rewards how you want, from statement credits to gift cards to travel. You can even use your cash back directly on Amazon purchases.

*Based on a $50,000 projected annual spend

9. Wells Fargo Autograph℠ Card

The Wells Fargo Autograph℠ Card is a Visa Signature credit card that earns unlimited triple points on restaurants, travel, gas, and more. It comes with a 30,000-point bonus when you sign up, assuming you can spend $1,500 or more in the first three months. There’s also a 0% APR for your first year, and with no annual fee, this is one of the highest-earning free credit cards you can find.

The card also comes with a cell phone protection plan, emergency travel assistance, exclusive Wells Fargo deals, and a bunch of other convenient perks that you can expect with a card from a big issuer. You can also enjoy the other benefits that come with any Visa Signature card, like 24/7 concierge services and exclusive benefits at Visa Signature hotels.

*Based on sign-up bonus, estimated annual rewards earnings, and perks.

How Do Credit Card Bonuses Work?

Upon account opening, many credit cards come with a sign-up or welcome bonus to encourage you to start spending money right away. These credit card offers come with spending requirements, which you usually have to hit in the first three to six months of account opening as a new cardholder.

For example, a new credit card might offer a $1,000 bonus, but you’ll need to spend at least $5,000 in the first three months to qualify. The cash bonus itself could come in the form of bonus points, a statement credit, or cash back rewards.

While credit card bonus offers are exciting and a great way to differentiate between different options, they’re only a small piece of any given rewards program. In fact, the best credit cards continue to earn long after you get your welcome offer, so it’s essential to look past the upfront perks and focus on the whole picture.

How Do Credit Card Rewards Work?

Credit card rewards are anything that you get in exchange for spending money with your card. Credit card issuers include these rewards as a way to encourage consumers to sign up for credit cards and spend money. They can be reward points, cash back, travel perks, gift cards, and more. Each rewards credit card comes with different rewards and ways to earn them.

Most often, cardmembers earn rewards by making eligible purchases with their card. Each card has different bonus categories, such as grocery stores or gas stations, which increase the earning potential of your transactions.

How To Determine the Total Value Credit Card Rewards

As you think about the total value of a potential new credit card, start by looking at the associated costs and fees. These could include an annual fee, variable APR, foreign transaction fees, balance transfer fees, and more. Some of these costs, like your annual fee, are usually unavoidable. The good news is that you can avoid interest fees altogether by paying your balance in full each billing cycle.

Once you have the costs figured out, it’s time to look at how much you stand to earn. Your credit card sign-up bonus is an obvious place to start, and it’s the easiest one to track. Next up are the perks, which can range from free TSA pre-check and other travel rewards like flight upgrades. Some cards also offer discounted car rentals, free streaming services, cell phone protection plans, and more. It all depends on the card.

From there, the total value of a card will depend on how you use it. For example, a credit card might come with fixed or rotating categories, so you’ll earn more for spending at specific retailers. You also might get an increased rewards rate in your first year, so it’s important to maximize any limited-time offers.

Frequently Asked Questions

What cards give you money for signing up?

In short, most of them! If you read a lot of credit card reviews, you’ll notice a pretty common theme: credit card companies want you to sign up, and they’ll pay you to do it.

Aside from the cards mentioned above, there are a number of other credit cards with sign-up bonuses, including the Bank of America® Unlimited Cash Rewards and the Discover Marriott Bonvoy®.

Do credit cards give you free money?

Yes, in a way, but terms apply. While cash back credit cards might seem like totally free money, you’ll rarely get something for nothing. In order to earn credit card rewards, you need to spend money. The more you spend, the more you earn.

Unfortunately, the more you spend also increases your odds of getting into debt, which can quickly turn into paying interest on your outstanding balance. You should be aiming to avoid credit card debt at all costs, as it’ll completely cancel out any rewards that you may be able to earn.

How much is 75,000 miles worth?

As a general rule of thumb, one mile equals about one cent in value. At one cent per mile, 75,000 miles is worth about $750. But this really depends on the specific credit card, as well as how you plan to use your miles.

In some rewards portals and mileage programs, your points can be worth more than one cent. To truly understand how much yours are worth, you need to look at the specific rewards provider and do some calculations.

Which Credit Cards Earn $1,000 or More in Rewards?

The world is your oyster when it comes to finding credit cards that offer at least $1,000 in value. The best one for you depends on your personal finance situation, spending habits, and ability to repay your balance in full each month.

I must emphasize that again. If you don’t pay your balance in full each month, you’ll quickly erase your potential bonus value from any of the above-mentioned cards.

Furthermore, the credit cards with the best bonuses almost always require high credit scores. So you might have to start small if your credit needs some work. However, there’s no reason why you can’t get in on the action and build that score up. There are plenty of options for those in the earlier stages of their financial journey.

Now that you have a solid foundation and some ideas on where to start, it’s time to start earning. If you repay your balances on time, there’s no limit to how much you can get back.

As a credit card customer, it pays to look at the full picture before you enroll. And remember, when credit cards compete, your wallet wins.