10 Best Credit Card Offers For October 2018

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. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out my advertiser policy for further details about our partners, including American Express, Capital One, Chase, and Citi, and thanks for your support!

Update: These offers for The Business Gold Rewards Card from American Express, the Starwood Preferred Guest® Business Credit Card from American Express and the Southwest Rapid Rewards® Premier Business Credit Card have expired. Learn more about the current offers here.


Every month I make a post with what I consider to be the best credit card 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 welcome 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 apply for, a question I get on a daily basis.

This has been a great year for new credit cards being introduced, and many of them have hot welcome bonuses. 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 that help sole proprietorships and small businesses maximize points on everyday credit card spend. This card 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 welcome bonus and for everyday spend. I value Ultimate Rewards points at ~1.7 cents each, so to me the welcome bonus is worth $1,265 after subtracting the annual fee.


Redeem Ultimate Rewards points for a stay at the Park Hyatt Milan

2. CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®

Current offer: Earn 70,000 American AAdvantage miles after spending $4,000 within the first four months
Annual fee: $99, waived the first year

Why you should consider applying: We’ve never seen bigger publicly available welcome bonuses on this card, and it’s only available for a limited time. I value American miles at ~1.3 cents each, so to me the welcome bonus is worth $910.

Furthermore, the card comes with several perks that could make it worth holding onto, including free checked bags, priority boarding, etc.


R
edeem American AAdvantage miles for travel in the Etihad A380 Apartment

3. Chase Sapphire Preferred® Card

Current offer: 50,000 Ultimate Rewards points after spending $4,000 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 Singapore, 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 welcome bonus on this card at $850.


Redeem Ultimate Rewards points for the Park Hyatt Maldives

4. The Business Gold Rewards Card from American Express OPEN 

Current offer: 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 welcome 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 welcome bonus is worth $850.

ANA First Class
Redeem Amex points for travel in ANA first class

5. Ink Business Cash℠ Credit Card

Current offer: 50,000 points after spending $3,000 within three months
Annual fee: no annual fee

Why it’s a great offer: This welcome bonus was recently introduced, and is a big improvement over the previous one. Not only is the welcome bonus great, but the card also offers 5x points in useful categories, and points can be pooled with the Ultimate Rewards points earned on cards like the Chase Sapphire Reserve® CardChase Sapphire Preferred® Card, and Ink Business Preferred℠ Credit Card. Assuming you have this card in conjunction with one accruing premium Ultimate Rewards points, I value the welcome bonus on this card at $850.


Redeem Ultimate Rewards points for travel in Singapore Airlines Suites

6. Ink Business UnlimitedSM Credit Card

Current offer: 50,000 points after spending $3,000 within three months
Annual fee: no annual fee

Why it’s a great offer: This card was introduced last month, and offers a fantastic return on everyday spend and a great welcome bonus. Points earned on this card can be pooled with the Ultimate Rewards points earned on cards like the Chase Sapphire Reserve® CardChase Sapphire Preferred® Card, and Ink Business Preferred℠ Credit Card. Assuming you have this card in conjunction with one accruing premium Ultimate Rewards points, I value the welcome bonus on this card at $850.


Redeem Ultimate Rewards points for stays at the Park Hyatt Sydney

7. The World of Hyatt Credit Card

Current offer: Earn 40,000 World of Hyatt points after spending $3,000 within the first three months, plus a further 20,000 points after spending a total of $6,000 within the first six months
Annual fee: $95

Why you should consider applying: This credit card was just recently introduced, and is fantastic. It offers an anniversary free night certificate, a further free night certificate when you spend $15,000 on the card in a cardmember year, five elite qualifying nights just for having the card, a further two elite nights for every $5,000 spent on the card, and some unique bonus categories.

I value World of Hyatt points at 1.5 cents each, so to me the bonus is worth $805.

Redeem your anniversary free night certificate at the Park Hyatt Saigon

8. Starwood Preferred Guest® Business Credit Card from American Express

Current offer: 100,000 points after spending $5,000 within the first three months; expires October 31, 2018
Annual fee: $95 (waived the first year)

Why you should consider applying: I value Marriott points at 0.8 cents each, so to me this welcome bonus is worth $800. The card offers several other long term perks, including an anniversary free night certificate valid at a property costing up to 35,000 points per night, 15 elite nights towards status annually, and more.


Redeem Marriott points at the St. Regis Maldives

9. Southwest Rapid Rewards® Premier Business Credit Card

Current offer: Earn 60,000 bonus Rapid Rewards points after spending $3,000 within three months
Annual fee: $99

Why it’s a great offer: A 60,000 point welcome bonus is as good as it gets on Southwest credit cards. Rapid Rewards points can be redeemed for ~1.3 cents each towards the cost of a ticket. That means that 60,000 points can potentially get you up to $780 towards airfare on Southwest. Furthermore, these cards are great in helping you earn points towards Companion Pass, which is one of the most valuable perks in domestic travel.


60,000 points will get you a lot of travel on Southwest

10. Hilton Honors American Express Aspire Card

Current offer: Earn 150,000 Hilton Honors points after spending $4,000 within the first three months
Annual fee: $450

Why you should consider applying: While this card has a high annual fee, it comes with all kinds of benefits that more than justify it, in my opinion. This includes Hilton Honors Diamond status for as long as you have the card, an annual free weekend night reward, a $250 Hilton resort credit every cardmember year, and a $250 airline fee credit every year.


Redeem Honors points at the Hilton Tallinn

If you have any questions or other cards you think have great welcome 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. Hi Ben,
    First, I would like to congratulation to you and Ford. It’s seem like yesterday that I read about you starting date someone but feel uncomfortable to told him that you are living in the hotel.
    Time flying.
    Anyway, I am interest in new Amex Gold card since it has 4X on dining and supermarket. From searching they have some referral link that give you 50K bonus which I think I will apply. However, I use to have Amex Gold back on 1993 (I start from Green and got invitation to upgrade to Gold and upgrade again to Platinum in 1995 and keep it until now) About one lifetime bonus rule, do you thing I will eligible? or do you know how to check it?
    Also, do you have 50K bonus referral link for yourself so I can apply through your referral.

    Best,
    Kittipong

  2. @Kittipong – you can use the chat feature on Amex website and ask them if you’ve had any cards previously that would prevent you from getting the bonus. I suspect you may be far enough back that they no longer count that against your “once per lifetime” restriction.

  3. 7/10 offers only work if you own a business. Maybe it would help to have two posts, one for consumer cards and one for business owners?

  4. I figured the Ink Business Cash and Unlimited gave you $500, but the way you word it sounds like it’s 50,000 points that can be joined with an existing Ultimate Rewards account, which would be why you valued the welcome bonus at $850?

  5. Oh wow, I had basically dismissed these “cash” cards because I’m more interested in points.

    Will probably apply (once I’m out of 5/24).

    Thank you!

  6. Trinette when do think chase bank will relax 5/24 rule or will chase just relax that rule on certain products including the cc already under management? Thanks

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