Best Credit Cards of May 2023
It’s a new month! You know what that means? Updated credit card offers!
Last month, we had a lot of offers that unfortunately, ended way too soon. I have some good news for this month though — if you are ready for a new credit card, you will have so many options to choose from!
This month, we have a handful of elevated offers that you shouldn’t look past either!
Let’s dive in!
*If you think that you are not eligible for a business card, read this article!
Elevated Offers
| Card Name | Offer | Annual Fee | |
 | Capital One Venture X Rewards Credit Card | 75k Points when you spend $4,000 in 3 months | $395 |
 | Chase Sapphire Preferred® Card | 80k Points when you spend $4,000 in 3 months | $95 |
 | IHG Rewards Premier Business Credit Card | 165k Points when you spend $3,000 in 3 months | $99 |
 | The Platinum Card® from American Express | 150k Points when you spend $6,000 in 3 months | $695 |
IHG Credit Cards
IHG is offering a pretty incredible welcome bonus: 165,000 points on the IHG Rewards Premier Business Credit Card. To get this offer, you need to spend $3,000 in the first 3 months.
Frequent IHG guests can enjoy quite a few benefits by using the IHG Premier card. As an IHG Premier cardholder, you automatically receive Platinum Elite status. Another great reward perk is the the fourth-night-free offer, which lets you redeem points for award stays of four nights or more without any charge for every fourth night. You also receive a free-night certificate every year on your account anniversary, which can be used for hotels up to 40,000 points (with this, you can actually add an unlimited number of extra points to access higher-end properties).
The IHG Traveler card is a great addition to your wallet if you want to earn IHG points, but don’t want to pay an annual fee.
Other Great Offers!
Here are some of the overall best offers! I will break down the categories further for this.
Best Starter Travel Credit Card
| Card Name | Offer | Annual Fee | |
 | Chase Sapphire Preferred® Card | *Elevated* 80k Points when you spend $4,000 in 3 months | $95 |
Overall Best Travel Card
| Card Name | Offer | Annual Fee | |
 | Capital One Venture Rewards Credit Card | 75k Points when you spend $4,000 in 3 months | $95 |
| Capital One Venture X Rewards Credit Card | 75k Points when you spend $4,000 in 3 months | $395 |
Overall Best Business Travel Card
| Card Name | Offer | Annual Fee | |
 | Ink Business Cash® Credit Card | 75k Points when you spend $6,000 in 3 months | $0 |
Best Cards for Lounge Access
| Card Name | Offer | Annual Fee | |
| Capital One Venture X Rewards Credit Card | 75k Points when you spend $4,000 in 3 months | $395 |
 | Chase Sapphire Reserve® | *Elevated* 80k Points when you spend $4,000 in 3 months | $550 |
| The Platinum Card® from American Express | 150k Points when you spend $6,000 in 3 months | $695 |
Best Cards for Students/Grads
| Card Name | Offer | Annual Fee | |
 | Citi Rewards+ Student Card | 2,500 Points when you spend $500 in 3 months | $0 |
 | Chase Freedom® Student credit card | $50 when you spend $1 in 3 months | $0 |
Chase Sapphire Preferred Card
Ranked the Best Overall Starter Card, this card is great with a low annual fee, great category multipliers, and access to the Chase Travel Portal. This card also lets you convert all other Chase points (from other cards) to airline miles/points.
It allows you to earn 5 points per dollar on all travel booked through Chase Ultimate Rewards, 3 points per dollar on dining (including eligible delivery services, takeout, and dining out), 3 points per dollar on select streaming services, 3 points per dollar on online grocery purchases (with the exception of Target, Walmart, and wholesale clubs), 2 points per dollar on all other travel expenses, and 1 point per dollar on all other purchases.
For a limited time, you may be able to apply for this card in-branch for an offer of 80k bonus points when you spend $4,000 in the first 3 months. You can also be eligible for an additional 10k bonus points if you spend $6k in the first 3 months.
Capital One Venture X Rewards Credit Card
If you’re asking why the annual fee for this card is $395, let me tell you why it is worth it.
Cardholders are eligible to receive up to $300 in statement credits per year for bookings made through Capital One Travel, as well as a bonus of 10,000 miles every year on their account anniversary, beginning with their first anniversary.
In addition, you get access to priority pass lounges, capital one lounges, and even Global Entry/TSA Precheck credit. This annual fee quickly pays for itself.
Chase Sapphire Reserve
One of the best premium cards available!
This card earns 10x points/dollar spent of Lyft, Chase dining, hotel, and rental car purchases booked through the Chase travel portal, 5x points/dollar spent on airlines through the Chase travel portal, 3x points/dollar spent on all other travel, and 1x points/dollar spent on everything else.
In addition, you get access to priority pass lounges, Chase Sapphire lounges, and even a Global Entry/TSA Precheck credit.
*Please note, some of the links on this page are affiliate links for The Mobile Homie. They help support my free content at absolutely no cost to you!
