Top Credit Card Higher than Normal Sign Up Bonuses for December 2016
This is the last month of a very strong year for higher than normal credit card sign up bonuses. Also not listed in my monthly lists are frequent first year fee waived promotional offers.
Of course there is still room for improvement, but compared to recent years, I really do feel that credit card companies have done well this past year. Two thumbs up overall!!
List of Top Credit Cards Sign Up Bonuses
For now, I have ranked the few credit cards promotions by the price of the annual fees (lowest to highest) and then in alphabetical order:
- BMO Air Miles MasterCard – no annual fee, earn 800 sign up bonus Air Miles (if you sign up before January 12, 2017). Earn 400 bonus miles after your first purchase and earn an additional 400 bonus miles after spending $1,000 in the first 3 months)
- BMO CashBack MasterCard – no annual fee, earn $75 cash back (if you apply before January 12, 2017). Earn $25 cash back after your first purchase and earn an additional $50 cash back after spending $1,500 in the first 3 months.
- Scotiabank Scene Visa Card – no annual fee, earn 4,000 sign up bonus Scene points (if you sign up before January 31, 2017).
- BMO SPC CashBack MasterCard – no annual fee, earn $60 cash back (if you apply before January 12, 2017). Earn $30 cash back after your first purchase and earn an additional $30 cash back after spending $1,000 in the first 3 months.
- BMO SPC Air Miles MasterCard – no annual fee, earn 500 sign up bonus Air Miles after your first purchase (if you sign up before January 12, 2017).
- Scotiabank Gold American Express Card – $99 annual fee (first year fee waived if you apply before January 31, 2017), $29 annual fee for a supplementary cardholder and earn 20,000 sign up bonus (if you apply before January 31, 2017)
- BMO Air Miles World Elite MasterCard – $120 annual fee, earn 2,000 sign up bonus Air Miles (if you apply before January 12, 2017).
- BMO CashBack World Elite MasterCard – $120 annual fee, earn $150 sign up bonus cash back (if you apply before January 12, 2017). Earn $50 cash back after your first purchase and earn an additional $100 cash back after spending$3,000 in the first 3 months.
- TD Aeroplan Visa Infinite Card – $120 annual fee (first year fee waived if you apply before March 5, 2017), earn 25,000 sign up bonus Aeroplan miles (if you apply before March 5, 2017). Earn 15,000 miles after your first purchase and earn 10,000 anniversary bonus miles when you keep your account active for 12 consecutive months.
- National Bank World Elite MasterCard – $150 annual fee, $50 for supplementary cardholders, earn 30,000 sign up bonus (if you apply before December 15, 2016).
- CIBC Aeroplan Visa Infinite Privilege Card – $399 annual fee, $99 annual fee for an authorized user and earn 50,000 sign up Aeroplan bonus miles (if you apply before February 28, 2017). Earn 25,000 miles after your first purchase, 25,000 miles when you spend $1,000 within the first 3 monthly statements. *Warning, once in a life time sign up bonus rule for this promotional offer.*
Can we see a repeat next year?
Let me know if I missed any worthy higher than normal credit card sign up bonus promotions!
Thanks for the post! I didn’t know about the Scotiabank Gold American Express Card. First year fee waived is always good to know! 🙂
Just to make sure, I guess the 20,000 signup bonus is for regular American Express Membership Rewards points that can easily be transferred 1:1 to Aeroplan?
Actually the 20,000 sign up bonus points is for Scotia Rewards. They have their own rewards program. It has nothing to do with American Express Membership Rewards.
Oops sorry, I got excited too fast!
How easy is it to cancel these cards without penalty? Do you lose the points?
It varies per credit card company. They all have their own rules.