The 13 best increased card offers to sign up for in May

5d ago

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Editor’s note: This is The Points Guy’s permanent page with limited-time welcome offers to consider each month, so you can bookmark it and check back regularly for updates. 


Credit card sign-up bonuses and welcome offers are the quickest and easiest way to rake in lots of points and miles, so we regularly update the roundup of our favorite current offers in our best credit cards guide.

But to help you keep up with an ever-changing list of bonuses, we’ve also compiled a list here of the best card offers currently available — especially the ones that are worth an extra look right now because they are at all-time highs or may end soon.

This month, we are seeing some incredibly enticing offers for some of the best travel credit cards, including several cobranded hotel credit cards.

The ever-popular Chase Sapphire Preferred Card is currently offering 80,000 bonus points with $4,000 in spending in the first three months from account opening. That’s an outstanding offer easily worth $1,600 based on TPG valuations. However, this bonus is set to end May 31, 2022, so you only have a short time left to grab it.

There’s also a massive 100,000-point offer on The Platinum Card® from American Express after $6,000 in spending in the first six months of card membership. That’s an outstanding offer easily worth $2,000 based on TPG valuations.

Since many issuers have restrictions on how often you can earn a bonus on a card, it’s important to time your application for when there’s a good offer. Also, higher bonuses don’t always stick around for long, so if you’re considering one of these offers, you’ll want to hop on it sooner rather than later.

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In This Post

The best elevated card offers in May 2022

Card Sign-up bonus/welcome offer Welcome offer value* Annual fee 
The Platinum Card® from American Express 100,000 points after you spend $6,000 in the first six months. $2,000. $695 (see rates and fees).
Chase Sapphire Preferred Card Through May 31, 2022, earn 80,000 points after $4,000 in spending in the first three months of account opening. $1,600. $95.
Capital One Venture X Rewards Credit Card

75,000 miles after you spend $4,000 on purchases in the first three months of account opening.

$1,388 $395.
Capital One Venture Rewards Credit Card 75,000 miles after $4,000 in spend within three months of account opening.  $1,388. $95.
The Business Platinum Card® from American Express 120,000 points after you spend $15,000 on eligible purchases with the card within the first three months of card membership. $2,400. $695 (see rates and fees).
Hilton Honors American Express Surpass® Card 130,000 points after you spend $2,000 in purchases on the card in the first three months. Plus, you can earn up to $130 in statement credits on eligible purchases made on the card at any Hilton family hotel in the first 12 months of card membership. Up to $910. $95 (see rates & fees).
Hilton Honors American Express Card 100,000 points after you spend $1,000 in purchases on the card in the first three months. Plus, you can earn up to $100 in statement credits on eligible purchases made on the card at any Hilton family hotel in the first 12 months of card membership. Up to $700. $0 (see rates and fees).
The Hilton Honors American Express Business Card
130,000 points after you spend $3,000 in purchases on the card in the first three months. Plus, you can earn up to $130 in statement credits on eligible purchases made on the card at any Hilton family hotel in the first 12 months of card membership. Up to $910. $95 (see rates and fees).
IHG Rewards Premier Credit Card 140,000 bonus points after spending $3,000 on purchases in the first three months from account opening. $700. $99.
IHG  Rewards Traveler Credit Card 120,000 bonus points after spending $2,000 on purchases in the first three months from account opening. $600. $0.
IHG Rewards Premier Business Credit Card 140,000 bonus points after spending $3,000 on purchases in the first three months from account opening. $700. $99.
Ink Business Preferred Credit Card 100,000 points after you spend $15,000 on eligible purchases with the card within the first three months of card membership. $2,000. $95.
American Express® Gold Card 60,000 points after you spend $4,000 in the first six months of card membership, though you may be able to get a higher bonus through the CardMatch tool (terms apply). $1,200. $250 (see rates and fees).

* Welcome offer value is determined using TPG valuations and is not provided by nor reviewed by the issuer.

The Platinum Card® from American Express

(Photo by Ashley Kosciolek/The Points Guy)

Often referred to as the king of the premium travel rewards cards, the Amex Platinum offers a slew of benefits — along with a $695 annual fee (see rates and fees). Cardholders enjoy perks such as automatic Gold status with both Hilton Honors and Marriott Bonvoy plus access to a wide range of airport lounges, including Amex Centurion, Priority Pass and Delta Sky Club (on same-day Delta flights). On top of that, you’ll get up to $200 in annual airline fee statement credits, an up-to-$200 hotel statement credit to use toward prepaid Amex Fine Hotels + Resorts or The Hotel Collection bookings, which requires a minimum two-night stay, via Amex Travel, and an up-to-$189 Clear membership statement credit — along with numerous other perks. Enrollment is required for select benefits.

Related: It’s a ‘lifestyle’ card now: A closer look at the Amex Platinum’s 6 new benefits

Non-travel benefits include an up-to-$240 digital entertainment statement credit (split into monthly $20 credits) to use for Audible, The New York Times, SiriusXM, Peacock and services under the Disney umbrella — including Disney+, ESPN+ and Hulu.

Cardholders also receive an up-to-$155 Walmart+ credit(Plus Ups are excluded), an up-to-$300 SoulCycle bike credit and an up-to-$300 Equinox statement credit for eligible Equinox memberships (up to $25 in monthly credit). You also receive Uber VIP status and up to $200 in annual Uber Cash (split into monthly $15 credits for U.S. rides plus a $20 bonus in December). Enrollment is required for select benefits.

Finally, cardholders will enjoy enhanced earning rates on many travel purchases:

  • 5 points per dollar on flights booked directly with airlines or with Amex Travel (on up to $500,000 on these purchases per calendar year).
  • 5 points per dollar on prepaid hotels booked with Amex Travel.
  • 1 point per dollar on other eligible purchases.

Read our review of the American Express Platinum Card.


Official application link: The Platinum Card® from American Express with 100,000 points after you spend $6,000 on purchases in the first six months of card membership.


Chase Sapphire Preferred Card

(Photo by John Gribben for The Points Guy)

If you can’t quite justify a high annual fee, or you just want as many sign-up bonus points as possible, the Chase Sapphire Preferred is an ideal fit. It earns 5 points per dollar on all travel purchased through Chase Ultimate Rewards; 3 points per dollar on dining, including eligible delivery services, takeout and dining out; 3 points per dollar on select streaming services; 3 points per dollar on online grocery purchases (excluding Target, Walmart and wholesale clubs); 2 points per dollar on all other travel; and 1 point per dollar on all other purchases.

The points you earn with this card can be transferred to Chase’s airline and hotel partners or redeemed for 1.25 cents each through the Chase Ultimate Rewards portal. Benefits include a $50 annual credit on hotel stays purchased through Ultimate Rewards, at least 12 months of DashPass membership (when activated by Dec. 31, 2024), primary rental car coverage, up to $500 in trip delay reimbursement if you’re delayed more than 12 hours or overnight, up to $10,000 in trip cancellation and interruption insurance and up to $100 per day for up to five days in baggage delay reimbursement if your bag is delayed more than six hours.

Just note that the 80,000-point welcome offer is set to end May 31, 2022.

Read our review of the Chase Sapphire Preferred.


Official application link: Chase Sapphire Preferred with 80,000 points after you spend $4,000 on purchases in the first three months from account opening.


Capital One Venture X Rewards Credit Card

(Photo by John Gribben for The Points Guy)

Late last year, Capital One launched the Venture X card, the issuer’s first-ever premium rewards card. It’s one of the most exciting new travel credit cards to come around in a long time, thanks to great earning rates and incredible perks.

Aside from a hefty welcome bonus of 75,000 miles after spending $4,000 on purchases in the first three months – worth about $1,388 according to our valuations thanks to Capital One’s excellent airline and hotel transfer partners – the card gives members up to $300 back in statement credits annually for bookings made through Capital One Travel and 10,000 bonus miles every account anniversary, starting on their first anniversary (worth $100 toward travel, or $185 by our valuations).

As for earning rates, the Venture X racks up 10 miles per dollar on hotels and car rentals booked via Capital One Travel along with Turo cards, 5 miles per dollar on flights booked via Capital One Travel, and an unlimited 2 miles per dollar on everything else. Frequent travelers will also enjoy taking advantage of access to Capital One’s developing network of airport lounges as well as the ability to enroll for Priority Pass membership for entry into more than 1,300 lounge locations worldwide.

Related: The 8 most pressing questions about the new Capital One Venture X card


Official application link: Capital One Venture X Rewards Credit Card with 75,000 bonus miles after you spend $4,000 on purchases in the first three months from account opening.


Capital One Venture Rewards Credit Card

(Photo by Wyatt Smith/The Points Guy)

The Venture Rewards packs a pretty good punch for a mid-tier credit card. It earns a flat 2 miles per dollar spent on all purchases worldwide, but you can earn 5 miles per dollar on hotels and car rentals booked through Capital One Travel along with cars reserved with Turo. The miles you earn with this card can be transferred to Capital One’s 17 airline and three hotel partners or redeemed through the Capital One Travel portal.

The card stands out for offering an application fee credit for Global Entry or TSA PreCheck every four years; many other cards that offer this benefit have annual fees of $400 or more. This TSA PreCheck/Global Entry application fee credit alone is worth up to $100. There’s also a suite of travel benefits including travel accident insurance and secondary auto rental coverage. When making everyday purchases, you’ll also get extended warranty protection. The Venture Rewards doesn’t charge foreign transaction fees, so you can use the card overseas without accumulating extra charges.

Read our review of the Capital One Venture Rewards Card.


Official application link: Capital One Venture Rewards Card with 75,000 bonus miles after you spend $4,000 on purchases in the first three months from account opening.


The Business Platinum Card® from American Express

(Photo by Ryan Patterson/The Points Guy)

This business card stands out for its travel perks that can easily cover the card’s $695 annual fee (see rates and fees). Cardholders enjoy automatic Gold status in both the Hilton Honors and Marriott Bonvoy loyalty programs, along with access a wide variety of airport lounges — including Amex Centurion, Priority Pass and Delta Sky Club (when traveling on same-day Delta flights). Enrollment is required for select benefits.

Cardholders also enjoy 5 points per dollar on flights and prepaid hotels booked at American Express Travel along with 1.5 points per dollar on eligible purchases in select business categories and eligible purchases of $5,000 or more (on up to $2 million of these purchases per calendar year).

Related: Amex refreshes Business Platinum Card with new perks, higher annual fee and a 120,000-point bonus

On top of that, the card comes with up to $200 in annual airline fee statement credits and a 35% points rebate for flights booked through Amex Travel in first or business class on any airline (up to 1 million points back per calendar year), or in any class on the U.S. airline of your choice each year. Non-travel benefits include up to $400 in annual statement credits toward U.S. Dell purchases, up to $360 in credits toward Indeed, up to $150 toward select Adobe purchases and up to $120 toward wireless telephone services. Enrollment is required for select benefits.

Read our review of the American Express Business Platinum Card.


Official application link: The Business Platinum Card® from American Express with 120,000 points after you spend $15,000 on eligible purchases with the card within the first three months of card membership.


Hilton Honors American Express Surpass® Card

(Photo by Wyatt Smith/The Points Guy)

The Hilton Surpass is one of the best mid-tier hotel cards available. Its current welcome offer is very generous, given its manageable spending requirement and $95 annual fee (see rates and fees). While we’ve seen prior offers with more bonus points, the addition of up to $130 in statement credits at participating Hilton Honors properties could be a great way to offset some of your summer travel costs.

The ongoing earning rates also outrank its competition:

  • 12 points per dollar spent on eligible purchases at hotels and resorts in the Hilton portfolio (a 7.2% return based on TPG valuations).
  • 6 points per dollar spent at U.S. supermarkets, U.S. restaurants and U.S. gas stations.
  • 3 points per dollar on other eligible purchases.

Benefits include 10 Priority Pass lounge access passes each year (enrollment required), complimentary Hilton Gold elite status and a pathway to earning Diamond status. Additionally, you can earn a weekend night reward redeemable at any Hilton Honors property after you make $15,000 in purchases on your card in a calendar year.

Read our review of the Hilton Honors Surpass.


Official application link: Hilton Honors American Express Surpass Card with 130,000 bonus points after you spend $2,000 in the first three months, plus up to $130 in statement credits at any Hilton family hotel in the first 12 months of card membership.


Hilton Honors American Express Card

Zemi Beach House, LXR Hotels & Resorts
(Photo by Benji Stawski/The Points Guy)

The Hilton Honors Amex features a few notable benefits for a no-annual-fee card (see rates and fees). For starters, you’ll earn a respectable 7 points per dollar at participating Hilton properties; 5 points per dollar at U.S. restaurants, U.S. supermarkets and U.S. gas stations; and 3 points per dollar on all other eligible purchases. You’ll also get automatic Hilton Honors Silver status (with an upgrade to Gold when you spend $20,000 in a calendar year), basic travel and shopping protections and no foreign transaction fees.

But the increased welcome bonus is especially enticing. Not only can you take home 100,000 bonus points (after hitting minimum spending requirements); you’ll also enjoy up to $100 in statement credits at Hilton properties — just in time for the busy summer travel season. That’s really solid value for a card with no annual fee.

Read our review of the Hilton Honors American Express Card.


Official application link: Hilton Honors American Express Card with 100,000 bonus points after you spend $1,000 in the first three months of card membership, plus up to $100 in statement credits at any Hilton family hotel in the first 12 months of card membership.


Hilton Honors American Express Business Card

(Photo by Wyatt Smith/The Points Guy)

Many of the Hilton Business card’s benefits mirror those of the personal Surpass card. One of the card’s biggest benefits is automatic (and valuable) Hilton Honors Gold status and the ability to upgrade to Diamond status by spending $40,000 in eligible purchases in a calendar year. You’ll also get a weekend award night when you spend $15,000 on the card in a calendar year, as well as 10 Priority Pass visits a year (enrollment required).

The earning rates are also similar — though with a small-business angle:

  • 12 points per dollar spent on eligible purchases at hotels and resorts in the Hilton portfolio.
  • 6 points per dollar spent on wireless services purchased directly from U.S. service providers and on U.S. purchases for shipping, at U.S. restaurants, on flights booked directly with airlines and through Amex Travel, and on car rentals booked directly from select car rental companies.
  • 3 points per dollar on other eligible purchases.

And while the new welcome offer requires an additional $1,000 in spending to earn the full bonus compared to the Surpass, it, too, includes a free night reward — which can unlock outstanding value.

Read our review of the Hilton Amex Business Card.


Official application link: Hilton Honors American Express Business Card with 130,000 bonus points after you spend $3,000 in the first three months of card membership. Plus, earn up to $130 in statement credits on eligible purchases made on the card at any Hilton family hotel in the first 12 months of card membership.


IHG Rewards Premier Credit Card

(Photo by The Points Guy)

The IHG Premier’s perks easily offset its annual fee. As a cardholder, you’ll enjoy an annual award-night certificate worth up to 40,000 points (though you can top it off using points), automatic IHG One Rewards Platinum Elite status, a fourth-night-free reward on award stays of four or more nights, a Global Entry/TSA PreCheck fee credit of up to $100 and no foreign transaction fees. You also can also earn 10,000 bonus points and a $100 statement credit after spending $20,000 on purchases and making one additional purchase each calendar year.

The card was just refreshed in March 2022 and now offers 10 points per dollar on IHG stays, 5 points per dollar on other travel, 5 points per dollar on dining and gas stations and 3 points per dollar on all other purchases. There will soon be a new pathway to achieve higher IHG Rewards status, and you now get up to $50 in United TravelBank Cash per calendar year (after registration).

Read our review of the IHG Rewards Premier Credit Card.


Official application link: IHG Rewards Premier Credit Card with 140,000 bonus points after you spend $3,000 on purchases within the first three months of account opening.


IHG Rewards Traveler Credit Card

Kimtpon Seafire Resort on Grand Cayman (Photo by Scott Mayerowitz/The Points Guy)

The IHG Rewards Traveler Credit Card is for travelers who want to earn IHG points on their purchases without incurring an annual fee. It earns 5 points per dollar on IHG stays, 3 points per dollar on utilities, internet, cable, phone, and select streaming services purchases, 3 points per dollar on dining and gas stations, and 2 points per dollar on all other purchases.

Key benefits include automatic IHG Rewards Silver Elite status, a pathway to achieve IHG Rewards Gold status, calendar-year spending bonus and, perhaps most notably, a fourth-night-free reward on award stays of four or more nights.

Read our review of the IHG Rewards Traveler Credit Card.


Official application link: IHG Rewards Traveler Credit Card with 120,000 bonus points after you spend $2,000 on purchases within the first three months of account opening.


IHG Rewards Premier Business Credit Card

InterContinental Maldives Maamunagau
InterContinental Maldives Maamunagau (Photo by Katie Genter/The Points Guy)

This new business card has a lot of similarities to the consumer version. Aside from an identical welcome bonus, it offers all of the same key benefits, including an annual award-night certificate (worth up to 40,000 points, but you can top it off), automatic IHG Rewards Platinum Elite status with a shortcut to Diamond, a fourth-night-free reward on award stays of four or more nights, a Global Entry/TSA PreCheck fee credit, up to $50 in United Travel Bank annual credit (after registration) and the ability to earn 10,000 bonus points and a $100 statement credit after spending $20,000 on purchases and making one additional purchase each calendar year.

There are two key differences, however. First, in addition to earning 5 points per dollar on travel, dining and gas, this business card also accrues 5 points per dollar on social media and search engine advertising and at office supply stores. Secondly, business cardholders can earn an additional free night award after spending $60,000 each calendar year.


Official application link: IHG Rewards Premier Business Credit Card with 140,000 bonus points after you spend $3,000 on purchases within the first three months of account opening.


Ink Business Preferred Credit Card

(Photo by John Gribben for The Points Guy)

According to TPG’s valuations, this card’s welcome bonus alone is worth $2,000 since you can take advantage of Chase’s excellent collection of airline and hotel transfer partners. Points redeemed through the Chase travel portal are worth 1.25 cents each, which isn’t bad, either.

Another factor in this card’s favor? Its tremendous earning rates. You’ll earn 3 points per dollar across the following categories on up to $150,000 in combined purchases (1 point per dollar thereafter):

  • Travel.
  • Shipping purchases.
  • Internet, cable and phone services.
  • Advertising on social media sites and search engines.

Depending on which categories you spend in, you could earn a whopping 450,000 bonus points per year if you maxed out that $150,000 cap.

Among the Ink Business Preferred’s unsung benefits are cellphone protection, primary rental car coverage (when renting for business purposes) and other travel and purchase protections. You can also add employee cards to your account for free.

Read our full review of the Ink Business Preferred Credit Card.


Official application link: Ink Business Preferred Credit Card with 100,000 bonus points after you spend $15,000 on eligible purchases with the card within the first three months of account opening.


American Express® Gold Card

(Photo by Wyatt Smith/The Points Guy)

The Amex Gold card is a favorite of many TPG staffers thanks (in large part) to its terrific earning rates:

  • 4 points per dollar on dining at restaurants (including take out and delivery in the U.S.)
  • 4 points per dollar at U.S. supermarkets on up to $25,000 in purchases per calendar year (1 point per dollar after that).
  • 3 points per dollar on flights booked directly with airlines or through Amex Travel.
  • 1 point per dollar on all other eligible purchases.

The card also offers up to $120 in annual credit for Uber rides and Uber Eats purchases and up to $120 in statement credits for select dining purchases (enrollment is required for select benefits) — all for a manageable annual fee of $250 (see rates and fees)

And while it’s not providing a limited-time bonus for new cardmembers, you can often find elevated welcome offers through the CardMatch tool. The card currently features a public welcome offer of 60,000 points after you spend $4,000 on eligible purchases within the first six months. However, some new customers can earn a 75,000-point welcome offer via the CardMatch tool after meeting the same minimum spending requirements. Note that these elevated offers are targeted and subject to change at any time.

Finally, if you have a friend or family member who already has the Amex Gold, be sure to see if they can send you a referral link for an even higher welcome bonus.

Read our review of the American Express Gold Card.


Official application link: American Express® Gold Card with 60,000 points after you spend $4,000 in the first six months of card membership.


* Bonus offer value is based on TPG valuations and not provided by issuers. 

For rates and fees of the Amex Business Platinum card, click here.

For rates and fees of the Amex Platinum card, click here.

For rates and fees of the Amex Gold card, click here.

For rates and fees of the Hilton Surpass card, click here.

For rates and fees of the Hilton Honors Amex, click here.

For rates and fees of the Hilton Honors Business Amex, click here

Additional reporting by Eric Rosen.

Featured photo by Orli Friedman/The Points Guy.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,600

CARD HIGHLIGHTS: 3X points on dining and 2x points on travel, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Regular APR
16.24% - 23.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.