Top Credit Card Higher than Normal Sign Up Bonuses for July 2016

I made a small tweak to the title to avoid confusion. This list that I put together on a monthly basis is to capture all the higher than normal sign up bonuses. For all the top current credit card sign up bonus offers, you can hover over the “Top Credit Cards” in the menu bar. There you will find a drop down menu of the credit cards sorted by categories.

In terms of the current list for this month, there are quite a few changes from last month.

Strategy

Strategically, you would load most of your miles and points in the fall and part of winter for the current summer travels. Generally you want to plan at least 6 to 12 months ahead of time. So the miles and points that you load now will for trips during the coming winter or spring. Winter is always a nice time to get away from the cold if you are not as big of a fan of the weather like me. Otherwise, it doesn’t hurt to start now for next summer’s trips!

List of Top Credit Cards

For now, I have ranked the current credit cards promotions by the price of the annual fees (lowest to highest) and then in alphabetical order:

MBNA Best Western Rewards Platinum Plus MasterCard – No annual fee, earn 60,000 Best Western Rewards points after your first purchase (if you apply before July 10, 2016). Just a further breakdown of how the 60,000 points are earn:

• Earn the first 20,000 bonus points after your first purchase
• Earn the next 20,000 bonus points once you reach more than $1,000 spending
• Earn the final 20,000 bonus points after spending over $2,000

CIBC Aventura Visa Card for Business – $120 annual fee (first year free waived if you apply before November 30, 2016), earn 25,000 sign up bonus points (if you apply before November 30, 2016).

RBC Cathay Pacific Platinum Visa – $120 annual fee, earn 30,000 sign up bonus Asia Miles (if you apply before July 15, 2016). Earn the first 15,000 bonus Asia Miles upon approval and earn the additional 15,000 bonus Asia Miles after spending $7,500 in the first 3 months.

BMO Cash Back World Elite MasterCard – $120 annual fee, earn $150 cash back (if you apply between January 4, 2016 and August 31, 2016). Earn the first $50 after your first purchase and the additional $100 cash back when you spend $3,000 in the first 3 month.

National Bank World Elite MasterCard – $150 annual fee first year fee waived (if you apply before July 15, 2016 and activate before August 15, 2016), earn 30,000 (or $300) (if you sign up before July 15, 2016 and activate before August 15, 2016).

• The first 20,000 points will be awarded upon activation of the credit card and the additional 10,000 points will be awarded one year after the card is issued on the account anniversary date.

American Express AeroplanPlus Platinum Card – $499 annual fee, earn 50,000 sign up bonus Aeroplan miles (if you apply before September 30, 2016) when you spend $1,000 in the first 3 months.

American Express AeroplanPlus Reserve Card – $899 annual fee, earn 60,000 sign up bonus Aeroplan miles (if you apply before September 30, 2016) when you spend $3,000 in the first 3 months.

Conclusion

There is a nice variety of options this month. Some are expiring in the middle of the month, so if you are still contemplating, you will need to make a quick decision.

Let me know if I missed any credit cards!