Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.
February 10, 2025: These new cardmember offers can give you the most cash back rewards (or points that can be easily redeemed for cash back.) On this list, we include cards we found that offer a $500 or greater bonus once you subtract the card’s annual fee.
Best $500+ cash back new cardmember bonuses in February 2024
Here are the sign-up bonuses and welcome offers where you can earn $500 or more:
 Ink Business Preferred® Credit Card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. Offers great rewards on travel. Points can be redeemed for 1 cent each for cash back or used for higher-value travel redemptions through Chase Travel℠ or transfer partners. |
 Ink Business Premier® Credit Card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. Offers a great option for small business owners who want 2% cash back on every purchase and a robust set of consumer and travel benefits. Points can be redeemed for cash back. |
 Ink Business Cash® Credit Card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. An excellent card for small business owners who buy office supplies or internet/cable/phone service. |
 Ink Business Unlimited® Credit Card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. A great option for small business owners who want cash back rewards on purchases with no annual fee. |
 Business Leverage® Visa Signature® Card Annual fee: $0 intro annual fee for the first year, $95 thereafter. | Sign-up bonus: Earn up to $750 in rewards when you spend $7,500 in eligible purchases on the account owner's card within the first 120 days of opening your account. Learn how to apply. Given that other cards offer 2x or 2% rewards on every purchase with, the card isn’t terribly compelling to keep after the first year. To get maximum cash back value for your points, you must redeem them for a direct deposit into an eligible U.S. Bank account. All information about the U.S. Bank Business Leverage® Visa Signature® Card has been collected independently by cardsandpoints.com. |
 U.S. Bank Triple Cash Rewards Visa® Business Card Annual fee: $0 | Sign-up bonus: Earn $750 in cash back. Just spend $6,000 on the Account Owner's card in the first 180 days of opening your account. Learn how to apply. An option for small business owners with 3% rewards at restaurants. All information about the U.S. Bank Triple Cash Rewards Visa® Business Card has been collected independently by cardsandpoints.com. |
 Capital One Spark Cash Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. Offers unlimited 2% cash back rewards for your small business. |
 U.S. Bank Business Altitude™ Connect World Elite Mastercard® Annual fee: $0 intro annual fee for the first year, $95 thereafter. Plus, no annual fee for employee cards. | Sign-up bonus: Earn 60,000 bonus points. Just spend $6,000 on the Account Owner’s card in the first 180 days of opening your account. Learn how to apply. Great small business option offering points on 4x points a variety of travel expenses. To get maximum cash back value for your points, you must redeem them for a direct deposit into an eligible U.S. Bank account. All information about the U.S. Bank Business Altitude™ Connect World Elite Mastercard® has been collected independently by cardsandpoints.com. |
 Chase Sapphire Preferred® Card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. The Sapphire Preferred frequently offers a larger in-branch exclusive offer. See our coverage of the best Chase Sapphire Preferred bonus for updated information on that offer. A good travel credit card that offers Ultimate Rewards® points, which can be redeemed for 1 cent of cash back each or transferred to travel partners. |
 Bank of America® Premium Rewards® credit card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. An excellent card for everyday spending, travel, and dining rewards if you have at least Platinum status with Bank of America Preferred Rewards. Points can be redeemed for 1 cent of cash back each. |
 Citi Strata Premier℠ Card Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. Earns increased rewards in a number of useful travel categories, plus grocery and gas purchases. ThankYou Points® can be redeemed for 1 cent of cash back each or transferred to travel partners. |
 Capital One Spark Cash Select Annual fee: annual_fees | Sign-up bonus: bonus_miles_full Learn how to apply. Earns 1.5% cash back on every business purchase. |
 Signify Business Cash℠ Card Annual fee: $0 | Sign-up bonus: Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months. Learn how to apply. A card offering uncapped 2% rewards on business spending with no annual fee. All information about the Signify Business Cash℠ Card has been collected independently by cardsandpoints.com. |
Editor’s take: Several cards with $500+ bonuses flying under the radar
When we put together this list, we were surprised at how we found several cards that we didn’t see on other large sites. In particular the Signify Business Cash℠ Card, U.S. Bank Triple Cash Rewards Visa® Business Card, and Capital One Spark cash cards seemed to be missing from other lists published elsewhere.
Maybe this is unsurprising, since those banks either have no affiliate programs or have less-accessible affiliate programs. But it is our editorial policy to publish the best offers we know about, regardless of our affiliate relationships.
There’s plenty of reason to like many of the cards on this list. The Chase cards are great if you’re into the Ultimate Rewards® ecosystem—they offer plenty of ways to get additional value if you redeem for travel. Same with the Capital One cards. If you also hold a card that earns points, you can transfer you cash back rewards to your points-earning card, and then transfer your rewards to one of Capital One’s transfer partners. And the Bank of America card is an essential card if you’ve earned Platinum Honors or higher status with Bank of America’s Preferred Rewards program.
Why cash back over points?
For most people, we think that cash back makes the most sense, especially if you are starting out in the credit card rewards game.
Why? Cash back can be used for literally anything—travel, investing in your retirement account, augmenting your income—and cash back rewards usually don’t require you to accumulate a huge amount of rewards to cash them in. When we talk about cash back, we also include points that can be redeemed for cash back.
Now, you can get plenty of value out of transferable points, airline miles, hotel points, and other travel points, but using these often requires knowledge of how to redeem points—and some points currencies require in-depth knowledge of loyalty programs to get reasonable value redemptions. And you won’t always be able to redeem your points for the travel you want. If you have plenty of United Mileage Plus miles, but United doesn’t have award travel availability to where you want to go, your miles might be pretty worthless for the travel that you want to do.
That’s why we like cash back. After all, cash back is the most flexible point currency.
Ink Business Preferred® Credit Card
Sign-up bonus: bonus_miles_full
Learn how to apply.
Annual fee: annual_fees
About the rewards: The Ink Business Preferred® Credit Card earns Ultimate Rewards® points, which can be redeemed for one cent of cash back each, but you’ll get 25% more value from your rewards if you redeem them through Chase Travel℠. And you can get even more value if you transfer your points to travel transfer partners.
A good choice for you if: You are a small business owner, you like earning and redeeming points on travel and you want a card with good travel and consumer insurance protections built in.
Ink Business Preferred® Credit Card at a glance
Annual fee: annual_fees
Foreign transaction fee: foreign_transaction_fee
The Ink Business Preferred® Credit Card offers more points for travel purchases and gives you the ability to redeem your rewards through Chase Travel℠ for 25% more value and transfer points to travel partners.
Sign-up bonus
Best public sign-up bonus: bonus_miles_full
Learn how to apply.
With the Ink Business Preferred® Credit Card, you can redeem your points for cash back or use them for travel booked through Chase Travel℠ at 1.25 cents per point.
Rewards
- 5x on Lyft rides through March 31, 2025.
- 3x points on the first $150,000 spent in combined purchases in the following categories each account anniversary year:
- Shipping purchases.
- Advertising purchases made with social media sites and search engines.
- Internet, cable, and phone services.
- Travel.
- 1x on other purchases.
Rewards are earned as Chase Ultimate Rewards® points and can be redeemed for a variety of travel and cash back awards. Rewards are worth 25% more when redeemed for travel through Chase Travel℠.
Ultimate Rewards® can be combined across cards you hold. If you hold a premium Ultimate Rewards card, you can transfer your points to Chase’s transfer partners or use your points for increased value when you book travel through Chase Travel℠. For more about using Ultimate Rewards, check out our guide on the Ultimate Rewards program.
Benefits
Consumer insurance benefits
- Extended warranty protection.
- Purchase protection.
- Cell phone protection.
Travel insurance benefits
- Trip cancellation/interruption insurance.
- Auto rental collision damage waiver.
Ink Business Premier® Credit Card
Sign-up bonus: bonus_miles_full
Learn how to apply.
Annual fee: annual_fees
About the rewards: The Ink Business Premier® Credit Card earns cash back rewards.
A good choice for you if: You are a small business owner, and you want good travel and consumer insurance protections, coupled with the simplicity of cash back rewards everywhere. The card becomes an exceptional choice if you frequently make large purchases of $5,000 or more.
Ink Business Premier® Credit Card at a glance
Annual fee: annual_fees
Foreign transaction fee: foreign_transaction_fee
The Ink Business Premier® Credit Card is a great choice for small business owners who make large purchases and want simple-to-use cash back rewards.
Sign-up bonus
Best sign-up bonus: bonus_miles_full
Learn how to apply.
This bonus is earned as points which can be redeemed for cash back. These points cannot be transferred to other Chase cards or travel transfer partners.
Rewards
- 2.5% on large purchases of $5,000 or more.
- 2% on all other business purchases.
Rewards are earned cash back.
Benefits
Consumer insurance benefits
- Purchase protection.
- Extended warranty protection.
- Cell phone protection.
Travel insurance benefits
- Auto rental collision damage waiver.
- Travel and emergency assistance services.
Ink Business Cash® Credit Card
Sign-up bonus: bonus_miles_full
Learn how to apply.
Annual fee: annual_fees
About the rewards: The Ink Business Cash® Credit Card earns is marketed as a cash back credit card, but earns Ultimate Rewards® points behind the scenes. If you also hold a premium Ultimate Rewards® card like the Ink Business Preferred® Credit Card, you can transfer your Ink Cash points to that card and use them for more lucrative redemption options.
A good choice for you if: You are a small business owner and your spending patterns match up with the Ink Cash bonus categories: Office supply stores; internet, cable and phone services; gas stations; and restaurants.
Ink Business Cash® Credit Card at a glance
Annual fee: annual_fees
Foreign transaction fee: foreign_transaction_fee
The Ink Business Cash® Credit Card offers up to 5% cash back rewards in useful business categories like office supply stores, and internet, cable, and phone services.
Sign-up bonus
Best bonus online: bonus_miles_full
This can be by far the most lucrative Chase Ink bonus if you also have a Chase Business Checking account and use the card for your business spending. It is also the easiest Chase Ink bonus to earn.
Rewards
- 5% at office supply stores and on internet, cable, and phone services
on the first $25,000 of combined purchases each account anniversary year. - 5% on Lyft rides through March 31, 2025.
- 2% at gas stations and restaurants
on the first $25,000 of combined purchases each account anniversary year. - 1% on other purchases.
Rewards are marketed as cash back, but earned as Chase Ultimate Rewards® points.
Ultimate Rewards® can be combined across cards you hold. If you hold a premium Ultimate Rewards card, you can transfer your points to Chase’s transfer partners or use your points for increased value when you book travel through Chase Travel℠. For more about using Ultimate Rewards, check out our guide on the Ultimate Rewards program.
Benefits
Consumer insurance benefits
Travel insurance benefits
- Auto rental collision damage waiver.
- Travel and emergency assistance services.
Ink Business Unlimited® Credit Card
Sign-up bonus: bonus_miles_full
Learn how to apply.
Annual fee: annual_fees
About the rewards: The Ink Business Unlimited® Credit Card earns is marketed as a cash back credit card, but earns Ultimate Rewards® points behind the scenes. If you also hold a premium Ultimate Rewards® card like the Ink Business Preferred® Credit Card, you can transfer your Ink Unlimited points to that card and use them for more lucrative redemption options.
A good choice for you if: You are a small business owner and you want a card to use for general spending that has no annual fee.
Ink Business Cash® Credit Card at a glance
Annual fee: annual_fees
Foreign transaction fee: foreign_transaction_fee
The Ink Business Cash® Credit Card offers up to 5% cash back rewards in useful business categories like office supply stores, and internet, cable, and phone services.
Sign-up bonus
Best bonus online: bonus_miles_full
This can be by far the most lucrative Chase Ink bonus if you also have a Chase Business Checking account and use the card for your business spending. It is also the easiest Chase Ink bonus to earn.
Rewards
- 5% at office supply stores and on internet, cable, and phone services
on the first $25,000 of combined purchases each account anniversary year. - 5% on Lyft rides through March 31, 2025.
- 2% at gas stations and restaurants
on the first $25,000 of combined purchases each account anniversary year. - 1% on other purchases.
Rewards are marketed as cash back, but earned as Chase Ultimate Rewards® points.
Ultimate Rewards® can be combined across cards you hold. If you hold a premium Ultimate Rewards card, you can transfer your points to Chase’s transfer partners or use your points for increased value when you book travel through Chase Travel℠. For more about using Ultimate Rewards, check out our guide on the Ultimate Rewards program.
Benefits
Consumer insurance benefits
Travel insurance benefits
- Auto rental collision damage waiver.
- Travel and emergency assistance services.
Bottom line: Lots of opportunities to earn a huge cash back bonus
The cards on this list represent your best bet if you’re looking for a card with a large (>$500) new cardmember bonus. And with many small business cards on this list, you can earn plenty of extra points without having additional accounts showing up on your credit report.
Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.
