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For the longest time, the signup bonus for the Arrival+ was 40,000 points for $3,000 spend, but today it was increased to 50,000 points. This can be redeemed for $500 of statement credit for travel purchases. The nice thing about the Arrival+ card is that it gives you 5% back when you redeem your points in this manner, so you actually get $525 (ish).
Though there is an annual fee of $89, it is waived for the first year. You incur no foreign transaction fees and have access to the MasterCard network for purchases, so your card will be accepted in most places.
My favorite thing about this card is that it is a Chip+PIN card, not just Chip+Signature. There are many automated systems across the world that require use of a PIN, that you wouldn’t be able to use with a Chip+Signature card. Most cards offered to US are Chip+Signature, so if you are planning international travel, it might be worth looking into!
Tip of the hat to DoctorOfCredit!