Best credit‑card bonuses by real value
Offers as of June 25, 2026.
Ranked by first‑year net value — the bonus's cash‑equivalent value minus the annual fee — with the spend you must hit to earn it. A big headline bonus on a high‑fee, high‑spend card isn't always the best deal.
| Card | Bonus | Est. value | Annual fee | Net (yr 1) | Spend required | Ongoing |
|---|---|---|---|---|---|---|
| American Express The Platinum Card | 175,000 Membership Rewards points | $3,500 (~2¢/pt) | $895 | $2,605 | $12,000 in 6 mo | 5× flights & prepaid hotels |
| Chase Sapphire Preferred | 100,000 Ultimate Rewards points | $2,000 (~2¢/pt) | $95 | $1,905 | $5,000 in 3 mo | 2–5× travel & dining |
| Chase Sapphire Reserve | 100,000 Ultimate Rewards points | $2,000 (~2¢/pt) | $795 | $1,205 | $6,000 in 3 mo | Premium travel credits |
| Wells Fargo Autograph Journey | 60,000 points | $1,080 (~1.8¢/pt) | $95 | $985 | $4,000 in 3 mo | Travel rewards |
| Wells Fargo Active Cash | $200 cash rewards | $200 (cash) | $0 | $200 | $500 in 3 mo | 2% cash back on everything |
Point values are estimates (a reasonable redemption, not a guarantee) — your actual value depends on how you redeem. Offers change often and may vary by applicant; verify current terms with the issuer. Only worth it if you'd hit the spend without overspending, and (for fee cards) use the ongoing perks.