TwitterFacebookYouTubeInstagramRSS FeedPodcastNewsletter
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 14, 2021

 

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.

Feature continues below

Advertisement

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 15,000 Welcome Points Upon Approval $0 1 month maximum $30 No set max - could easily get above $300

WestJet RBC World Elite Mastercard
Get 350 welcome WestJet dollars when you make your first purchase in the first 3 months. $1 3 months maximum $231 $231

HSBC World Elite Mastercard
20,000 Bonus HSBC Rewards Points. $1 6 month maximum -$50 No set max - could easily get above $300

CIBC Aventura Visa Infinite Card
Get 20,000 Aventura Points when you make your first purchase.
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+

TD® Aeroplan® Visa Infinite* Card
Earn up to 20,000 Aeroplan points and a bonus Buddy PassConditions Apply. Must apply by May 30, 2021. $1,000 3 months maximum $540 No set max - could easily get above $1,000

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
30,000 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

TD® First Class Travel® Visa Infinite* Card
Apply by May 30, 2021 to get a full Annual Fee Rebate for the Primary and Additional Cardholders for the first year and up to 60,000 TD Points (a travel value of $300 when you book travel purchases through ExpediaForTD.com+) $1,500 3 months maximum $240 $300

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

Marriott Bonvoy™ American Express® Card
New Marriott Bonvoy™ American Express® Cardmembers earn 60,000 Welcome Bonus points after you charge $3,000 in net purchases to your Card in your first three months of Cardmembership* $3,000 3 months maximum $480 No set max - could easily get above $1,000

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. $3,000 3 months maximum -$199 No set max - could easily get above $1,000

BMO AIR MILES World Elite Mastercard
Get up to 2,000 AIR MILES Bonus Miles and we’ll waive the $120 annual fee for the first year $3,000 3 months maximum $220 No set max - could easily get above $500

BMO World Elite Mastercard
Get 25,000 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 $167 $167

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

Marriott Bonvoy™ American Express® Card
New Marriott Bonvoy™ American Express® Cardmembers earn 60,000 Welcome Bonus points after you charge $3,000 in net purchases to your Card in your first three months of Cardmembership* Plus, get a $120 statement credit when you charge $10,000 in net purchases to your card in your first twelve months of card membership. Offer subject to change at any time* $10,000 3 months maximum $600 No set max - could easily get above $1,000

Scotia Gold American Express Card
Earn up to 40,000 bonus Scotia Rewards points in your first year (that’s up to $300 towards travel*) $10,000 12 months maximum $280 $280

CIBC Aventura Visa Infinite Card
Earn up to 35,000 Aventura Points - Get 20,000 Aventura Points when you make your first purchase. Also, in your first year you can also earn an additional 1,250 Aventura Points each monthly statement period in which you spend at least $1,000. That’s up to 15,000 points $12,000 12 months minimum $230 $560

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 cards or other cards. I would recommened you bookmark it!



Continued reading and related articles:

Talk to us!

Do you have any questions, commnets or tips for this list? Tell us in the comments section below or join the conversation on Facebook and Twitter!

LATEST TOPICS & NEWS

REWARDS CANADA'S TOP FEATURES

SHARE THIS FEATURE


Rewards Canada can be found on the following social media channels:
FacebookTwitterYouTubeInstagram Blogger RSS Feed

Disclaimers:
Our goal at RewardsCanada.ca is to present readers with reliable financial advice and product choices that will help you achieve your financial goals.
Rewards Canada receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site.
Unless a post is clearly marked “Sponsored”, however, products mentioned in editorial articles and reviews are based on the author’s subjective assessment of their value to readers, not compensation. For full details and current product information click the Apply now link / learn more link.

Sponsored advertising. The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this TD credit card, please click on the Apply Now button.




 

FacebookTwitterYouTubeInstagramBloggerRSS Feed
About Us  Media  Consulting  Advertise  Contact Us  Terms of Use / Privacy Policy
Terms of Use / Privacy Policy ©2001 - 2021 Rewards Canada. Part of FFB Group Inc. All rights reserved.