Choosing the best rewards credit card can be complex, given their various forms, differing rewards rates, and specific reward currencies. Plus, there might be particular rules attached to the process of earning and redeeming these rewards. However, not picking one could mean missing out on valuable benefits and even cash incentives. Here are the top ten recommended rewards cards:
1. CHASE SAPPHIRE PREFERRED CARD:
This card stands out by offering high rewards rates and flexible redemptions. It is ideal for frequent spenders on travel & dining, charging only a reasonable annual fee. Additionally, it offers a generous sign-up bonus, versatile redemption options, and travel benefits.
2. AMERICAN EXPRESS PLATINUM CARD:
Designed for regular travelers who want a premium experience, this card offers exclusive travel benefits along with Membership Rewards points, airport lounge access, and more.
3. CAPITAL ONE VENTURE REWARDS CREDIT CARD:
Known for its competitive travel rewards and benefits, the Capital One Venture card provides 2 – 5 miles per dollar spent on purchases. It also features an initial bonus of 75,000 miles for spending $4,000 in the first three months.
4. CITI PREMIER CARD:
This travel credit card is also excellent for earning rewards on non-travel expenditures. It provides 3X points for hotel and air travel, amongst other popular categories like dining, supermarkets, and gas stations.
5. DISCOVER IT CASH BACK:
Perfect for moderate spenders, willing to keep track of changing reward categories and spending limits. This card offers substantial rewards besides a constant 1% earning rate.
6. BANK OF AMERICA PREMIUM REWARDS CREDIT CARD:
Ideal for regular travelers who desire flexibility in credit card rewards, especially if they hold significant balances with Bank of America. The card also provides airline incidental fee credits and several travel perks.
7. WELLS FARGO ACTIVE CASH CARD:
The Active Cash Card competes with the best flat-rate cash-back cards in the market, offering an unlimited 2% cash rewards rate on purchases and no annual fee.
8. HILTON HONORS AMERICAN EXPRESS SURPASS CARD:
Tailored for regular Hilton guests, this card provides substantial Hilton-specific rewards and extra perks. However, it holds the high annual fee to match its elite status and benefits.
9. CHASE FREEDOM UNLIMITED:
This card offers a simple cash-back program featuring a standard rate on all purchases without an annual fee. Its flexible rewards and attractive welcome bonus put it amongst the best cash-back cards.
10. SOUTHWEST RAPID REWARDS PREMIER CREDIT CARD:
Ideally suited for frequent Southwest Airlines travelers, it provides bonuses like extra points and anniversary incentives, making the annual fee worthwhile.
In conclusion, when considering a credit card application, be sure to align your spending habits, travel preferences, and financial objectives with the card benefits. Also, always refer to the most recent information on the credit card issuer’s website.
