There is an array of rewards credit cards today, each with unique attributes that can make comparing them quite a task. Each card offers different earning rates and reward options, with distinct sets of rules for earning and redemption. However, not opting for a top-tier rewards credit card could mean missing out on valuable benefits or losing potential cash. Here are our top ten picks for the best rewards credit cards.
1. CHASE SAPPHIRE PREFERRED CARD: Known for its high rewards rates and flexibility in redemption, this card is ideal for frequent travelers and diners. It comes with a reasonable annual fee and provides a generous sign-up bonus and numerous travel advantages.
2. AMERICAN EXPRESS PLATINUM CARD: This card, perfect for the frequent traveler who favors luxury, offers a plethora of rewards and premium travel benefits, such as airport lounge access.
3. CAPITAL ONE VENTURE REWARDS CREDIT CARD: This premium travel card offers between 2 – 5 miles for every dollar spent on purchases, including a bonus of 75,000 miles for spending $4,000 in the first three months.
4. CITI PREMIER CARD: This robust travel card also rewards non-travel purchases. It provides multiple points on a range of top categories like hotels, air travel, restaurants, supermarkets, and gas stations.
5. DISCOVER IT CASH BACK: For moderate spenders who don’t mind tracking their quarterly spending, this no annual fee card provides enticing rewards and a regular earning rate of 1%.
6. BANK OF AMERICA PREMIUM REWARDS CREDIT CARD: Ideal for frequent travelers seeking flexibility in card rewards, it rewards well if you are already a Bank of America customer with large account balances.
7. WELLS FARGO ACTIVE CASH CARD: Offering an unlimited 2% cash rewards rate on purchases with no annual fee, this card competes well with other top flat-rate cash back cards.
8. HILTON HONORS AMERICAN EXPRESS SURPASS CARD: Perfect for regular Hilton guests, this card provides significant points on Hilton purchases and other benefits.
9. CHASE FREEDOM UNLIMITED: High on simplicity, this card grants a flat cash-back rate on all purchases and charges no annual fee.
10. SOUTHWEST RAPID REWARDS PREMIER CREDIT CARD: Ideal for Southwest Airlines loyalists, it offers benefits like bonus points and anniversary bonuses.
Ensure to assess your spending habits, travel choices, and financial objectives before applying for a card. It’s also important to verify the latest details on the respective card issuer’s website, as terms, conditions, and reward structures might have changed over time.
