Many of the top travel and rewards credit cards offer huge welcome bonuses to those who can meet minimum spending requirements. Take the Chase Sapphire Preferred Card, for example. This card doles out 60,000 points worth $750 in travel after you use your card for $4,000 in purchases within the first three months.
While some people can easily spend $4,000 in three months paying regular bills, others with low expenses might struggle to reach that threshold without putting a big expense like rent or mortgage payments on the card. In those cases, it can "pay" to cough up a 2.85% fee if it helps you earn a large welcome bonus.
The Capital One Venture Rewards Credit Card is another great option that comes with a one-time bonus of 60,000 miles once you spend $3,000 on purchases within three months from account opening, equal to $600 in travel.
Even if you paid all $4,000 in bills through Plastiq to earn the welcome bonus, you'd fork over $114 in fees to earn $625 in travel. Not bad at all.