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What you actually have to spend to get some of the best credit card welcome bonus offers Posted on November 18, 2019
Last updated April 24, 2020

 

Back towards the beginning of November 2019 we had a blog post that looked at what sort of money you have lay down to get the best credit card offers out on the market. It was prompted by not one but two requests we received in one day for this very chart (thanks again to Anik D & DC!) Both those requests were in response to our monthly Top 5 welcome bonus offers for credit cardsas those monthly posts don't take spend into account. Well this new post covering the actual spend has proven so popular that I decided to make it mainstay feature here on the Rewards Canada site. The reason why is that it is easier to keep updating this page and it won't get buried pages deep on the blog. By having it here on the site it also allows for better formatting and reading than is found on the blog.

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I decided to only take a handful of the best cards and offers on the market to build this chart. As time goes along I may add more cards and also pull some off - it really depends on what the offer is on the speciifc cards at that time. The chart is in order of the least amount of spend required and if cards have the same requirement they are further sorted by listing those with the higher minimum value first. To learn more about a specific card or to apply for that card simply click on the card name under the card art to be taken to that issuer's site for the card.

Card

Welcome Bonus

Minimum spend required to actually get the full bonus **

Timeline to get bonus

Minimum Value towards travel*

Maximum Value towards travel


RBC Visa Infinite Avion
Get 35,000 Welcome Points Upon Approval $0 1 month maximum $230 No set max - could easily get above $500

HSBC World Elite Mastercard
20,000 Bonus HSBC Rewards Points.
NOTE This offer is actually provides up 60,000 point offer but that takes $5,000 in spending - here we just look at the short term approval bonus of 20,000 points
$0 6 month maximums $100 $100

WestJet RBC World Elite Mastercard
Get 250 welcome WestJet dollars + for a limited time, earn an additional 100 WestJet dollars when you make your first purchase in the first 3 months. $1 3 months maximum $231 $231

CIBC Aventura Visa Infinite Card
Earn up to 35,000 Aventura Points - Get 20,000 Aventura Points when you make your first purchase and get a 15,000 Aventura Points anniversary bonus when you have at least $10,000 in purchases within your first year
NOTE This offer is promoted as a 35,000 point offer but that takes a full year - here we just look at the short term first purchase bonus of 20,000 points
$1 1 month maximum $200 $400

MBNA Best Western Rewards Mastercard
Earn 20,000 Best Western Rewards® points†† on your first purchase $1 Anytime $160 $200+

Alaska Airlines World Elite® Mastercard®
30,000 bonus miles†† and Alaska's Famous Companion Fare™ from $121 (USD) ($99 plus taxes and fees from $22)◊◊ after you make $1,000 or more in eligible purchases within the first 90 days of your account opening. $1,000 3 months maximum $330 No set max - could easily get above $1,000

Scotia Passport Visa Infinite
3,000 bonus Scotia Rewards points when you spend $1,000 in the first three months (that’s up to $300 towards travel*)
NOTE This offer is promoted as a 40,000 point offer but that takes a full year - here we just look at the short term 3 month portion
$1,000 3 months maximum $161 $161

BMO AIR MILES Mastercard
Limited time: Get up to 800 AIR MILES Bonus Miles* $1,000 3 months maximum $88 No set max - could easily get above $150

Marriott Bonvoy™ American Express® Card
Earn 50,000 Marriott Bonvoy™ points enough for 3 free nights at a Category 2 hotel after you charge $1,500 in purchases to your Card in your first three months of Cardmembership $1,500 3 months maximum $380 No set max - could easily get above $1,000

American Express Gold Rewards Card
Earn a Welcome Bonus of 25,000 Membership Rewards® points when you charge $1,500 in purchases to your Card in your first 3 months of Cardmembership $1,500 3 months maximum $100 No set max - could easily get above $1,000

American Express AIR MILES Platinum Card
New American Express AIR MILES Platinum Credit Card Cardmembers, earn a welcome bonus of 2,000 AIR MILES®* Bonus Miles $1,500 3 months maximum $90 No set max - could easily get above $500

mbna Rewards World Elite Mastercard
Receive up to 30,000 bonus points $2,000 3 months maximum $180 $180

The Platinum Card®
New Platinum Cardmembers, earn 50,000 welcome bonus Membership Rewards® points when you charge $3,000 in purchases to your Card in your first three months of Cardmembership. Plus, you can receive an additional 10,000 Membership Rewards® points after six months of Cardmembership. You can earn up to 60,000 points in the first six months $3,000 3 months maximum $401 No set max - could easily get above $1,000

TD® Aeroplan® Visa Infinite* Card
Earn up to 30,000 Aeroplan Miles (equivalent to 2 economy short-haul roundtrip flight rewards) and first year no Annual Fee for the Primary and 1st Additional Cardholder. Conditions Apply. Must apply by May 31, 2020. $3,000 3 months maximum $360 No set max - could easily get above $1,000

BMO AIR MILES World Elite Mastercard
Get up to 3,000 AIR MILES Bonus Miles and we’ll waive the $120 annual fee for the first year $3,000 3 months maximum $315 No set max - could easily get above $500

TD® First Class Travel® Visa Infinite* Card
Earn up to 65,000 TD Points. Plus, first year no Annual Fee for the Primary and 1st Additional Cardholder. Conditions Apply. Must apply by May 31, 2020. $3,000 3 months maximum $260 $325

BMO World Elite Mastercard
Get 35,000 points when you spend $3,000 in the first three months and the $150 annual fee waived in the first year $3,000 3 months maximum $250 $250

HSBC World Elite Mastercard
60,000 Bonus HSBC Rewards Points. $5,000 6 month maximums $300 No set max - could easily get above $500

American Express Cobalt Card
In your first year as a new Cobalt Cardmember, you can earn 2,500 Membership Rewards® points for each monthly billing period in which you spend $500 in net purchases on your Card. This could add up to 30,000 points in a year $6,000 12 months minimum $300 No set max - could easily get above $500

Scotia Gold American Express Card
Earn up to 30,000 bonus Scotia Rewards points in your first year (that’s up to $300 towards travel*) $10,000 12 months maximum $180 $180

CIBC Aventura Visa Infinite Card
Earn up to 35,000 Aventura Points - Get 20,000 Aventura Points when you make your first purchase and get a 15,000 Aventura Points anniversary bonus when you have at least $10,000 in purchases within your first year $10,000 12 months minimum $230 $560

CIBC Aventura Visa Infinite Privilege Card
Earn up to 50,000 Aventura Points - Get 25,000 Aventura Points when you make your first purchase and get a 25,000 Aventura Points when you spend $3,000 per month for the first four months of having the card $12,000 4 months minimum $1 $501

Scotia Passport Visa Infinite
Earn up to 40,000 bonus Scotia Rewards points in your first year (that’s up to $400 towards travel*) $40,000 12 months maximum $261 $261
* Calculated by taking the value of the full amount of miles earned from the bonus less the annual fee(s)
** Minimum spend is calculated by using the highest possible category multiplier for earning points/miles.

Be sure to check this page frequently as it will be continually updated when new offers come out on any of the above card or other cards. I would recommened you bookmark it!



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