John MacGyver
May 1, 2024
Best Rewards Credit Cards May 2024
This month, from our partners, credit card companies are offering historically competitive rewards from top name credit cards. Take advantage of these amazing deals from our curated list of top cards below! Easy, Secure Application, Fast Approval!
FEATURED
Chase Freedom Unlimited (R)
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728
reviews
)
Welcome Offer
Rewards Rate
Extra Perks
Annual Fee
Credit Score Needed
Card Brand
Why We Like This Card
The Chase Freedom Unlimited® credit card is a powerful card that caters to a wide range of needs. Its standout feature is the stellar rewards program, offering top-tier cash back rates. Enjoy 5% cash back on travel purchased through Chase Travel, our premier rewards program that allows you to redeem rewards for cash back, travel, gift cards, and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases. Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases. But there's a lot more to Chase Freedom Unlimited® for consumers to like.
If you're looking for a lengthy intro APR, this card comes with 0% Intro APR on Purchases for 15 months, plus 0% Intro APR on Balance Transfers for 15 months. That makes it a great fit if you want a lengthy intro purchase APR to finance a big purchase. As if the cash back rewards and low interest rates weren't enough, cardholders will love that this card also comes with no annual fee.
Beyond the surface, there are some really enticing perks with Chase Freedom Unlimited®. While this no annual fee card mostly focuses on cash back and low interest, cardholders can use it to boost their travel rewards if they also carry the Chase Sapphire Preferred® card or Chase Sapphire Reserve® card. Many travel enthusiasts who carry one of these popular travel cards from Chase also use the Chase Freedom Unlimited® card to boost their rewards earning: Enjoy 5% cash back on travel purchased through Chase Travel, our premier rewards program that allows you to redeem rewards for cash back, travel, gift cards, and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases.
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Introducing the Chase Freedom Unlimited® Card:
- Welcome Offer: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!
- Enjoy 6.5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards, and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
- After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
- No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
- Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
- No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited card.
- Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
PROS
CONS
- Generous sign up bonus and unlimited cash back rewards
- Lengthy 0% intro APR on purchases and balance transfers
- Easily combine points with your other Chase Travel credit cards
- 3% foreign transaction fee of each transaction in U.S. dollars (higher than others)
- At 20.49% - 29.24% Variable, the ongoing APR is relatively high
FEATURED
Capital One VentureOne Rewards Credit Card
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1293
reviews
)
Welcome Offer
Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
Rewards Rate
Earn Unlimited 1.25x miles on every purchase, every day. Earn 5x miles on hotels and rental cars booked through Capital One Travel
Extra Perks
No Foreign Transaction Fees
Annual Fee
Credit Score Needed
Card Brand
Why We Like This Card
Unleashing the Travel Wonderland: The Capital One VentureOne Rewards Credit Card
In the vast landscape of credit cards, the Capital One VentureOne Rewards Credit Card emerges as a powerhouse, weaving a tapestry of travel perks and rewards without the weighty anchor of an annual fee. It's a distinct departure from the norm, where many travel-centric cards burden users with substantial yearly charges.
This card, however, redefines the game. Beyond its fee-free allure, it opens the doors to a world where earning miles and indulging in flexible redemptions incur no additional cost. The $0 annual fee is just the beginning, with the added perks of zero foreign transaction fees and an introductory APR of 0% on purchases for the initial 15 months, coupled with an identical 0% on balance transfers for the same duration. Balance transfer fee applies. The ongoing APR, a reasonable 19.99% - 29.99% (Variable), strikes a harmonious balance for cardholders.
What truly sets the Capital One VentureOne apart is its prowess in the realm of travel rewards. The earning potential is nothing short of remarkable, with 1.25 miles earned per dollar on every purchase, every day. The allure amplifies when you book hotels and rental cars through Capital One Travel, garnering a generous 5 miles per dollar. There are no confines to your mileage accumulation; the sky's the limit.
New cardholders are greeted with an enticing one-time bonus of 20,000 Miles, a reward for the first $500 spent on purchases within three months from account opening. Translating to a tangible $200 in travel, it's a head start on your journey to unparalleled adventures.
Unlike the ephemeral nature of most airline programs, the miles earned with the Capital One VentureOne are timeless. They won't expire for the life of the account, offering sustained flexibility in planning your travel escapades.
The card's ingenuity extends to the redemption arena. With unparalleled flexibility, you can seamlessly convert your miles into statement credits, unlocking the freedom to apply them to any airline, hotel, or travel purchase, including rental cars and vacation packages. Should the desire to stretch your miles even further arise, the option to transfer them to over 10+ leading travel loyalty programs adds an extra layer of strategic possibilities.
In essence, the Capital One VentureOne Rewards Credit Card beckons adventurers, offering not just a card but a portal to a world where travel perks, financial sensibility, and redemption freedom converge. It's not merely a financial tool; it's a passport to a richer, more rewarding journey.
Show Details
- Select "APPLY NOW" to apply online
- No cap on miles! Earn 1.25X miles on all your purchases.
- No foreign transaction fees and no annual fee!
- Accumulate 5X miles on hotel and rental car bookings via Capital One Travel, accessing their exclusive prices on numerous travel choices.
- Get a 20,000-mile bonus after spending $500 on purchases within 3 months from account opening, translating to $200 in travel.
- No cap on miles! Earn 1.25X miles on all your purchases.
- No limit on the amount of Miles you can earn and they never expire!
- Leverage your miles for reimbursement on any travel expense or opt to redeem them by booking a journey through Capital One Travel.
- Choose from over 15 travel loyalty programs and transfer your miles seamlessly.
- 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; 3% fee on the amounts transferred within the first 15 months
PROS
CONS
- Top tier travel perks like the ability to transfer miles to travel partners, while you pay no annual fee
- Earning is easy with unlimited 1.25 miles per dollar on every purchase, every day and 5 Miles per dollar on hotels and rental cars booked through Capital One Travel – no caps and no restrictions
- Traveling overseas is a breeze thanks to no foreign transaction fees and worldwide Mastercard® acceptance
- There is a balance transfer fee of 3% for the first 15 months or at a promotional APR that Capital One may offer you at any other time. No fee for amounts transferred at the Transfer APR
- The sister card, Capital One Venture Rewards Credit Card, offers a higher rewards rate and bigger bonus, although there is an annual fee attached
FEATURED
American Express® Gold Card
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1081
reviews
)
Welcome Offer
Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
Rewards Rate
4X Membership Rewards® points at restaurants world wide, including takeout and delivery (US Only). 4X points at U.S. supermarkets (up to $25,000 per year, then 1X). 3X points on direct airline bookings or through amextravel.com.1X point per $1 on other eligible purchases
Extra Perks
No Foreign Transaction Fees
Annual Fee
Credit Score Needed
Card Brand
Why We Like This Card
Powerful Rewards with the American Express® Gold Card
In the ever-evolving world of credit cards, it's refreshing to find one that keeps things simple and rewarding year-round. The American Express® Gold Card is a standout example, offering a consistent and substantial list of benefits.
Steadfast Rewards: Say goodbye to the hassle of rotating categories. With the American Express® Gold Card, you can expect unwavering rewards rates throughout the year. No need to strategize; just enjoy the perks.
Dining Delights: For those who appreciate the finer things in life, this card is a gem. It serves up bonus rewards points on everyday indulgences, including dining at restaurants, shopping at U.S. supermarkets, and booking flights directly with airlines. It's a recipe for rewards that aligns perfectly with a modern lifestyle.
A Price That's Worth It: The American Express® Gold Card does come with a $250 annual fee, but don't let that deter you. It's a small price to pay for the bountiful benefits it offers. From a generous new cardmember welcome offer to a buffet of travel perks and monthly dining credits, this card is designed to elevate your experience.
In conclusion, the American Express® Gold Card is a reliable companion that delivers rewards without the fuss. Its consistent rewards rates, focus on common purchases, and array of benefits make it a delectable choice for those who value simplicity and value in their credit card experience. Whether you're dining out or embarking on a journey, this card is your ticket to a more rewarding lifestyle!
Enrollment Required
Show Details
- American Express® Gold Card Rewards:
- 4X Membership Rewards® points at restaurants world wide, including takeout and delivery (US Only).
- 4X points at U.S. supermarkets (up to $25,000 per year, then 1X).
- 3X points on direct airline bookings or through amextravel.com.
- 1X point per $1 on other eligible purchases.
- American Express® Gold Card Welcome Offer:
- New cardholders can earn 60,000 Membership Rewards® points by spending $6,000 in the first six months.
- Flexibility in using MR points for travel, transfers to airline/hotel partners, and purchases on Amazon.com.
- American Express® Gold Card Travel Benefits:
- $100 hotel credit for qualifying dining, spa, and resort activities with a two-night stay at over 600 properties, when you book The Hotel Collection through American Express Travel
- No foreign transaction fees for international use, saving on fees compared to other cards.
- Rental car insurance coverage for damage/theft in covered territories. See Disclosure
- Dining benefits include up to $10 monthly statement credits at select restaurants.
- Uber Cash Credit of up to $120 per year when the card is added to an Uber account. Credited as Uber Cash not statement credit. $120 credit distributed in the from of $10 monthly credits. Only applicable to US Eats Orders and Rides.
- Gold Card needs to be added to the Uber app to receive the Uber Cash benefit
- Enrollment Required
PROS
CONS
- Earn 60,000 bonus Membership Rewards® points after you spend $6,000 on eligible purchases with your new card within the first six months of card membership.
- Very strong rewards rate for travel and dining expenses— 4x the points on restaurant purchases, plus takeout and delivery in the U.S., and earn 4x the points on U.S. supermarket purchases (up to $25,000 spent each year); 3x the points per $1 on flights booked with airlines or via AmexTravel.com; and 1x point per $1 on other eligible purchases.
- Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with your card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations (enrollment required).
- The $250 annual fee is a little on the hefty side, so cardholders should be heavier travelers to make the most of the rewards and offset the annual fee. .
FEATURED
Chase Sapphire Preferred® Card
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941
reviews
)
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
Rewards Rate
Earn 5x points on travel purchased through Chase Ultimate Rewards, Earn 3X points on dining out, Earn 3x points on select streaming services, Earn 3x points on online grocery store purchases (excluding Target, Walmart and wholesale clubs), Earn 2x points on all other travel, Earn one point per $1 spent on all other purchases worldwide
Extra Perks
No Foreign Transaction Fees
Annual Fee
Credit Score Needed
Card Brand
Why We Like This Card
Enhance Your Adventures with the Chase Sapphire Preferred® Card
For the connoisseurs of cuisine and travel enthusiasts, the Chase Sapphire Preferred® Card is more than just a credit card; it's a culinary journey and a passport to premium rewards.
Savor the Rewards: If dining out is your passion, this card is your perfect match. It's designed for those who relish every bite and appreciate earning high rewards along the way. With the Chase Sapphire Preferred®, your culinary adventures are about to become even more satisfying.
A Delicious Welcome: New cardholders are in for a treat with a mouthwatering welcome offer – earn a generous 60,000 bonus points, translating to up to $750 in travel when redeemed through the Ultimate Rewards portal. It's the appetizer that sets the stage for a rewarding relationship with this card.
Ultimate Rewards, Ultimate Value: What sets this card apart is the value it offers through the Ultimate Rewards portal. Your points are worth 25% more when redeemed here, turning every point into a flavorful reward. Whether it's flights, hotels, or other travel expenses, your points go further.
Savor the Transfer: The true gourmands of travel know the value of diversifying their rewards. That's where Chase's travel partners come into play. Your points become even more valuable when transferred, allowing you to craft your own unique experiences.
In conclusion, the Chase Sapphire Preferred® Card isn't just a credit card; it's a culinary and travel companion that rewards your passion for exploration. From the delectable welcome bonus to the enhanced value of Ultimate Rewards and the versatility of travel partners, this card is a feast for the senses and a must-have for any food-loving traveler. Don't just dine; dine smart with the Chase Sapphire Preferred® Card.
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In addition to a solid signup bonus, the Chase Sapphire Preferred® Card offers high ongoing rewards rates as well:
- Earn 5x points on travel purchased through Chase Ultimate Rewards
- Earn 3X points on dining out
- Earn 3x points on select streaming services
- Earn 3x points on online grocery store purchases (excluding Target, Walmart and wholesale clubs)
- Earn 2x points on all other travel
- Earn one point per $1 spent on all other purchases worldwide
- 25% more value for your points when you redeem for airfare, hotel stays, car rentals and cruises through Chase Ultimate Rewards
- Receive a $50 hotel credit each year for a stay booked through the Ultimate Rewards portal
- Receive an annual points bonus equal to 10% of your total purchases from the previous year
The Chase Ultimate Rewards program has also streamlined its redemption process, making it easy for cardholders to take advantage of rewards outside of travel: Exchange 5,000 rewards points for a $50 check, a $50 gift card and other eligible merchandise, etc.
PROS
CONS
- Earn 60,000 bonus points after spending $4,000 in the first 3 months from account opening. That's worth $750 toward travel when you redeem through Chase Ultimate Rewards.
- This is the perfect card for travelers who also enjoy dining out, but recent rewards updates also mean it could work well for even a casual traveler
- Chase Sapphire Preferred® Card cardholders who also hold Chase Freedom Unlimited® or any other card that utilizes the Ultimate Rewards system can combine points in one bucket, meaning your points add up more quickly.
- If you're just a casual spender, the annual fee might be difficult to offset and you might want to consider a no-annual-fee card instead.
FEATURED
Capital One Venture X Rewards Credit Card
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1095
reviews
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Welcome Offer
Earn 75,000 miles after you spend $4,000 on purchases within the first three months. This bonus is worth $750 towards travel.
Rewards Rate
Earn a healthy 2X miles on your everyday purchases as well as extra rewards on certain bookings through the Capital One Travel portal.
Extra Perks
No Foreign Transaction Fees
Annual Fee
Credit Score Needed
Card Brand
Why We Like This Card
Elevate Your Travels with the Capital One Venture X Rewards Credit Card
For globetrotters and jet-setters, choosing the right credit card can be the difference between a mundane journey and an extraordinary adventure. Enter the Capital One Venture X Rewards Credit Card, a powerful companion for the seasoned traveler.
Seamless Booking: The Capital One Venture X paves the way for a seamless travel experience. With its enhanced Capital One Travel booking platform, you're granted access to innovative features like "predictive pricing." Say goodbye to the guessing game of fare fluctuations; this card empowers you to make informed choices.
Price Protection at Your Fingertips: Imagine the peace of mind knowing that you can freeze a price and delay your booking for up to two weeks. With "price drop protection," you're in control, ensuring you get the best deal possible without the rush.
Lounge Luxury: Step into a world of opulence with access to over 1,300 lounges, including exclusive Capital One Lounges and the Partner Lounge Network. What's more, you're not alone in this journey – cardholders can extend this privilege to two accompanying guests, making travel a social affair.
Streamlined Security: Bid farewell to the long airport lines with a generous credit of up to $100 for your TSA PreCheck® or Global Entry application fee. It's a small investment that yields significant time savings and hassle reduction.
Earn and Explore: Every journey becomes more rewarding with the Capital One Venture X. Earn solid miles on every trip, ensuring that your adventures pay dividends. The best part? No foreign transaction fees for international travelers, freeing you to explore without the extra costs.
Elevate Your Stay: Elevate your hotel stays to new heights with a suite of cardholder benefits. Experience credits and room upgrades await, transforming your accommodation into a sanctuary of comfort and luxury.
In conclusion, the Capital One Venture X Rewards Credit Card isn't just a credit card; it's a ticket to a world of elevated travel experiences. With features designed to simplify booking, protect your budget, and enhance your journey, it's a must-have for those who crave both adventure and convenience. Whether you're a seasoned explorer or embarking on your first voyage, this card is your key to unlocking a world of possibilities. Bon voyage!
Show Details
- Capital One Venture X Rewards Credit Card is a premium travel card with a lower annual fee.
- Cardholders can earn a 75,000-mile welcome bonus, a 10,000-mile card anniversary bonus, and a $300 annual credit for Capital One Travel bookings.
- Enjoy unlimited lounge access for the cardholder and two guests, including Capital One Lounges and the Partner Lounge Network.
- Benefit from an enhanced "Capital One Travel" booking experience with predictive pricing models.
- The card's annual fee is $395, which is significantly lower than comparable cards like Chase Sapphire Reserve® and The Platinum Card® from American Express.
PROS
CONS
- Earn 75,000 miles after you spend $4,000 on purchases within the first three months. This bonus is worth $750 towards travel.
- Get 10,000 bonus miles every year starting on your first account anniversary.
- Earn a healthy 2X miles on your everyday purchases as well as extra rewards on certain bookings through the Capital One Travel portal.
- The annual travel credit is nice, but earning it means you'll need to do your travel bookings through the Capital One Travel portal. That makes this credit not as flexible as similar credits offered by other premium cards. Also, don't overlook the 19.99%-29.99% (Variable) APR; make sure you're paying off your balance in full every cycle.
FEATURED
The Platinum Card® from American Express
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871
reviews
)
Welcome Offer
Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership.
Rewards Rate
5X Membership Rewards® Points for flights booked directly with airlines or through American Express Travel (up to a jaw-dropping $500,000 annually) and an additional 5X points on prepaid hotel bookings via American Express Travel
Extra Perks
No Foreign Transaction Fees
Annual Fee
Credit Score Needed
Card Brand
Why We Like This Card
Unlocking the Luxuries of The Platinum Card® from American Express
In the realm of rewards products, The Platinum Card® from American Express stands as a shining example of opulence. Yes, the annual fee of $695 (see rates and fees) might raise an eyebrow, but as we delve into the treasure trove of benefits, it becomes abundantly clear that this card is worth every penny.
Welcome to the Goldmine: New cardholders are greeted with open arms and a generous welcome offer: Earn a staggering 80,000 Membership Rewards® Points after an initial expenditure of $8,000 within the first 6 months. It's a head-turning incentive that sets the tone for what's to come.
Rewarding Adventures: The Platinum Card® doesn't skimp on ongoing rewards. It showers users with 5X Membership Rewards® Points for flights booked directly with airlines or through American Express Travel (up to a jaw-dropping $500,000 annually) and an additional 5X points on prepaid hotel bookings via American Express Travel. The best part? There's no cap on your rewards, making it a dream come true for avid globetrotters.
Say Goodbye to Airline Fees: Ever felt the sting of baggage fees and more when flying? Not with this card in your wallet. Enjoy a $200 Airline Fee Credit each calendar year, covering those pesky additional costs. It's a perk that could very well help offset that annual fee.
Uber Cool Perks: Uber VIP status and complimentary U.S. rides up to $15 each month, plus an extra $20 treat in December, adds up to potential annual savings of up to $200. It's a seamless way to elevate your rideshare experience.
Hotel Heaven: Don't overlook the $200 Hotel Credit, which applies to Hotel Collection bookings (with a minimum two-night stay). It's a luxurious touch that enhances your stay without breaking the bank.
Entertainment Galore: Dive into the world of entertainment with a generous $240 Digital Entertainment Credit. You'll have the freedom to indulge in your favorite streaming services, from Disney+ to The New York Times and beyond.
And the List Goes On: These perks are just the tip of the iceberg. The Platinum Card® from American Express offers a treasure trove of additional benefits, delivering a value that far exceeds its annual fee.
In conclusion, The Platinum Card® from American Express isn't just a sophisticated financial product; it's your golden ticket to a world of luxury and convenience. While the annual fee may seem daunting, the abundant rewards and perks make it a wise investment for those who embrace the finer things in life. It's time to elevate your travel experience, and this card is your passport to extraordinary adventures.
Enrollment Required
Show Details
- Requires paying balances in full each billing period with no interest rate.
- Allows carrying a balance for certain charges but not all.
- Has no preset spending limit unless requested.
- Promotes financial discipline by requiring monthly payment.
- Helps avoid accumulating high interest payments and crippling debt.
- Benefits and Features:
- Earns 80,000 Membership Rewards points after spending $8,000 in the first six months.
- Offers 5X Membership Rewards® Points for flights booked directly with airlines or via American Express Travel (up to $500,000 per year).
- Provides 5X Membership Rewards® Points on prepaid hotels through amextravel.com and 1X point per $1 on other eligible purchases.
- Includes 24/7 Platinum Club Concierge service for travel arrangements, event tickets, and gift selection.
- Additional Value and Perks:
- Hotel credit of up to $200 for prepaid bookings at Fine Hotels + Resorts or The Hotel Collection (requires a two-night minimum stay).
- Incidental airline credit of up to $200 for pre-selected airline charges.
- Up to $189 statement credit for CLEAR Plus membership.
- Digital entertainment credit of up to $240 per year for eligible purchases.
- Equinox credit of up to $300 for eligible Equinox memberships.
- $155 Walmart+ Credit to cover the cost of a monthly Walmart+ membership.
- $100 Global Entry Credit: Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost
- Enrollment Required
PROS
CONS
- Complimentary access to hundreds of Global Lounge Collection airport lounges worldwide.
- The Platinum Card® from American Express provides up to $200 a year in statement credits to cover incidental airline charges, like baggage fees and in-flight refreshments, charged on the card with a pre-selected airline. There are also numerous other statement credit opportunities for other travel-related and even everyday charges.
- Earn 80,000 Membership Rewards® points after you spend $8,000 on purchases on your new card in your first six months of card membership.
- If you anticipate needing to carry a balance, you might want to consider something different. Unlike typical credit cards, this card allows you to carry a balance for certain charges, but not all.
- High Annual Fee
Credit card rewards are a popular incentive for many cardholders who want to earn benefits on their purchases. Whether you prefer cash back, points, or travel rewards, using a rewards credit card is ideal for those who consistently pay their balance in full each month. With numerous excellent options available, selecting the right rewards credit card can be challenging. Here are some key factors to consider when comparing rewards credit cards.
Firstly, it is crucial to note that rewards credit cards are most suitable for individuals who regularly pay off their balances. If you carry a balance, a low-interest card might be a better choice. However, for those who pay in full each month, utilizing the right rewards credit card can result in significant savings.
Cash Back Rewards Credit Cards
Among rewards credit cards, cash back is the preferred option for many consumers in the United States. Cash back rewards are straightforward—make purchases using your credit card and earn a percentage back, which can typically be redeemed as a statement credit, check, or gift cards.
Cash back cards come in various forms. Some provide a flat-rate cash back on all purchases, while others offer bonus cash back in specific spending categories. When selecting a cash back rewards card, consider your own spending habits and compare the rewards rates offered by each card.
Travel and Points Rewards Credit Cards
Although cash back is popular, many consumers prefer rewards credit cards that offer travel benefits or points. These cards often come with additional perks like no foreign transaction fees or travel-related benefits to enhance your travel experience. Some rewards cards are affiliated with specific airlines or hotels, while others offer flexible points or miles that can be redeemed for various travel purchases.
If you're interested in a points or travel rewards credit card, assess your personal preferences and prioritize the perks and benefits that matter most to you. Some of these cards offer benefits beyond earning miles or points, such as airport lounge access, priority boarding, or special travel credits, which can provide added value if utilized effectively.
Additional Considerations for Rewards Credit Cards
Regardless of the type of rewards credit card you choose, always be on the lookout for sign-up bonuses associated with the card. Cash back and travel cards often come with enticing sign-up bonuses that allow you to earn a significant reward upfront by meeting specific spending requirements. Additionally, pay attention to any annual fees associated with the cards. While high-reward and premium perks cards typically have annual fees, they can be worthwhile for frequent spenders. However, if you prefer no annual fees, there are plenty of options available that still offer excellent rewards.
For rates and fees of the American Express® Gold Card Card, please visit here
For rates and fees of The Platinum Card® from American Express, please visit here
John MacGyver
May 1, 2024