What a credit card sign-up bonus is and how you can benefit from one

[gdale6]

Opening up a new credit card is a great way to build credit, and sometimes you can even be rewarded for doing so.

Many credit cards offer a welcome bonus, which means new cardholders earn extra rewards, such as cash back, points or miles, when they use their card. To earn the bonus, you usually have to reach a minimum spending requirement within the first few months of opening your account. The threshold varies, but it can be anywhere from $500 to $5,000.

https://www.cnbc.com/select/what-is-credit-card-sign-up-bonus/

[Citylights18]

Espicially useful if you can time the bonus when you have big purchases planned.

What I've been doing is picking up cards in advance of travel. This way they're put to immediate use. But also picked them up as part of a long term plan to increase my point earning ability.