Best credit‑card bonuses by real value

Offers as of July 13, 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.

Chase Sapphire Preferred$905American Express The Pl…$855American Express Gold C…$675Capital One Venture Rew…$655Citi Strata Premier$505Capital One Venture X$355Capital One Savor Cash …$250Chase Sapphire Reserve$205Wells Fargo Active Cash$200
CardBonusEst. valueAnnual fee Net (yr 1)Spend requiredOngoing
Chase Sapphire Preferred 100,000 points $1,000 (1¢/pt Chase Travel base) $95 $905 $5,000 in 3 mo 3× dining & online groceries; Hyatt/United transfers
American Express The Platinum Card Up to 175,000 Membership Rewards points $1,750 (1¢/pt (Amex Travel flights)) $895 $855 $12,000 in 6 mo 5× flights; lounge access + credit bundle
American Express Gold Card Up to 100,000 Membership Rewards points $1,000 (1¢/pt (Amex Travel flights)) $325 $675 $8,000 in 6 mo 4× restaurants & US supermarkets (annual caps)
Capital One Venture Rewards 75,000 miles $750 (1¢/mi travel eraser) $95 $655 $4,000 in 3 mo Flat 2× miles on every purchase
Citi Strata Premier 60,000 ThankYou points $600 (1¢/pt ThankYou travel/cash) $95 $505 $4,000 in 3 mo 3× travel, gas, groceries, dining; $100 hotel credit
Capital One Venture X 75,000 miles $750 (1¢/mi travel eraser) $395 $355 $4,000 in 3 mo 2× everything; $300 credit + 10k anniversary miles
Capital One Savor Cash Rewards $250 cash back $250 (cash) $0 $250 $500 in 3 mo 3% dining, groceries, entertainment; no annual fee
Chase Sapphire Reserve 100,000 points $1,000 (1¢/pt Chase Travel base) $795 $205 $6,000 in 3 mo 8× Chase Travel; $300 annual travel credit
Wells Fargo Active Cash $200 cash rewards $200 (cash) $0 $200 $500 in 3 mo Flat 2% cash rewards on all purchases

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.