I received a notification about a $200 bonus on my credit card and I'm wondering what it implies. Is it a cash reward, a discount, or some kind of points system? How can I utilize this bonus?
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    TaegeukChampionship
    Fri Dec 06 2024
   
  
    This cash bonus is essentially cash back that is offered to new cardholders.
  
  
 
            
            
  
    
    CryptoLegend
    Fri Dec 06 2024
   
  
    To qualify for this bonus, new cardholders must spend a certain amount within the first few months of opening their account.
  
  
 
            
            
  
    
    Giuseppe
    Fri Dec 06 2024
   
  
    The specific amount required and the duration of the promotional period can vary depending on the card issuer.
  
  
 
            
            
  
    
    alexander_watson_astronaut
    Fri Dec 06 2024
   
  
    Once the spending requirement is met, the cash bonus can be redeemed in various forms.
  
  
 
            
            
  
    
    Raffaele
    Fri Dec 06 2024
   
  
    Credit card companies often provide cash bonuses to attract new customers.