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Now may seem like a strange time to apply for a new credit card. Many of us only apply for a new credit card when we can meet the signup bonus spending requirements. Because circumstances are not normal, however, several banks are extending signup bonus offers by three months to buy you more time. These card issuers are extending signup bonus requirements that might be appealing to you.
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
American Express
American Express was the first bank to start extending the welcome bonuses.
Related: Best American Express Credit Cards for Travel and Best American Express Credit Cards for Business
Best Credit Card Signup Bonus Extensions
Here are some of the cards you may focus on first thanks to the extended bonus period. Additionally, you may want to check some of the best limited-time credit card offers available.
The Platinum Card from American Express
The Platinum Card® from American Express has one of the most valuable welcome bonuses.
New The Platinum Card® from American Express cardmembers can earn 80,000 Membership Rewards® points after spending $8,000 on purchases on their new Card in the first 6 months of Card Membership.
Get the full details and learn more in our in-depth The Platinum Card from American Express review.
The annual fee is $695 (See Rates & Fees) but can be offset with the perks, which are valued at over $1,400.
The Blue Cash Preferred Card from American Express
The Blue Cash Preferred® Card from American Express is one of the best credit cards for grocery purchases and daily spend. As these are frequent purchases, you will earn cash rewards.
The welcome bonus is the ability to earn a $250 statement credit after you spend $3,000 in purchases on your new Blue Cash Preferred® Card from American Express within the first 6 months. There is a $0 intro annual fee for the first year, then $95 (See Rates & Fees).
Summary
Some banks are extending signup bonus requirements this spring, so you can still earn a signup bonus. We don’t know if banks will continue to offer extensions. Now can be an excellent time to get a bonus so you’re ready to book award travel again.
For rates and fees of The Platinum Card® from American Express, please click here.
For rates and fees of The Blue Cash Preferred® Card from American Express, please click here.
