There is quite a few rewards card out there which offer your great value for using the cards. These cards sometimes come with no annual fee or even charged an introductory fee. If you are looking to make spending which is funded by the rewards, then the reward credit cards are for you.
At the moment, rewards cards are so many you might not be able to choose the best which suits you. Here we take a look at the best rewards credit card for miles, points, cash back and more. Click Here to learn how to choose the right rewards credit card that suits your needs.
Best Credit Card for Travel
Capital One Venture Card Review
- Its rewards and bonuses are flexible.
- The chance to earn the rewards are simple and not complicated.
- Redeeming the points is easy to understand.
This reward card is great for those who desire to use rewards to fund most of their travel expenses. The capital one venture rewards card is not a branded rewards card. What this means is that the rewards credit card allows you to use any flight or website to book your tickets.
One great benefit of using the capital one venture card is it is quite flexible. Some might even say it is the most flexible rewards card for travel you can possibly find. You can earn 2 flier miles on every dollar of spending you make. This spending isn’t limited to a specific airline or hotel like some travel rewards card is. Should you desire it, you can redeem the miles as credit for spending you make while traveling.
To use your rewards, you just book the flight or hotel of your choice and make payments using the card. unlike most other travel reward credit cards. The annual fee for the capital one venture for the first year is waivered.
However, you must pay an annual fee of $95 after the first year. The rewards card, like most cards, also come with a sign-up bonus of 50000 miles. You get this bonus only when you have made spendings up to $3000 using the card with the first 3months.
Since this isn’t a branded card, you don’t get the offers when you have a co-branded card. Also, users of this card are unable to transfer points.
Best Credit Card for Large Sign-Up Bonus
Chase Sapphire Preferred Card Review
- You can redeem your points in form of cash for $0.01.
- You also get 25% bonus on your travel rewards.
The chase sapphire preferred card as a rewards card offers you with flexibility in earning the rewards of the card. It also offers you flexibility in redeeming your rewards. For cardholders who travel often, chase sapphire preferred card gives you pricey rewards which you can redeem easily. This rewards card can provide you with every service you need.
Chase sapphire preferred card offers a sign-up bonus which equals most of the best rewards cards out there. Should you make purchases up to $4000 within the first 90days, you get a sign-up bonus of 50000 points. Where it beats other cards is that you get an extra 5000 points when you add an authorized user.
For using the card for dining and travel, you get 2points for every dollar spent. You also get a point for using the rewards card for making other purchases. During the first year of using the rewards card, there is no annual fee charge. However, from the second year, you get charged an annual fee of $95.
If you are not the kind to spend a lot on travels and dining at restaurants, then you might not enjoy the rewards of the card. The card, also, doesn’t have the benefits that come with being a co-branded card.
Best Credit Card for Cash Back
Discover it Cashback Match Review
- You get 0% introductory APR within the first 14months of use.
- Getting the first time lets you eligible for the new card member bonus.
The Discover it – Cashback Match offers its cardholders a high cash back rate from retailers at the discover deals online mall. This cash back rate can help you save on spendings you make. In your first year of using the card, your rewards will be doubled at the end of the year.
Users of the Discover it – Cashback Match doesn’t get charge a foreign transactions fee. The credit card offers a wide bonus rewards groups which change quarterly. This rotating rewards system allows you to earn bonuses when you make payments or expenses in restaurants, gas stations and more.
The card also offers between 5% and 20% cash backs on payments of expenses made. This is only available to those who sign up for the discover deals online bonus. Your late payment fee gets to be waived the first time you miss a payment or make a late payment. On balance transfers and spendings you make within the first 14months, you get 0% APR.
You need to keep track of what spending will make you eligible for the bonus. The spending category changes each quarter.
Best Credit Card For Flat-Rate
Citi Double Cash Card Review
- There are no annual fee charges.
- The Citi Double Cash Card has a rewards rate which is on the high side.
Citi Double Cash Card allows you to earn double on spending you make using the card. One of the best things about this credit offer is there are no limits on the cashback you can earn. You are not limited to a spending category. What this means you can earn the cashback on spendings you make in restaurants gas stations and more.
It offers possibly the highest rate in the cashback credit card industry. When you make buy products on using the rewards card, you get 1% cashback. And when you successfully made repayment for the purchase you made, you get another 1% cashback.
Users of this card have more than one ways to redeem the cashback. You can redeem the cashback either as a check by mail, statement credit or even as a gift card.
With all its benefits, the Citi Double Cash rewards card has some drawbacks. It has no sign-up bonus points. So, cardholders looking for large sign-up bonuses will have to look elsewhere. The Citi Double Cash rewards credit card also charges a foreign transaction fee of 3%.
Best Credit Card for Everyday Spending
American Express Blue Cash Preferred Card Review
- An impressive cash back rate at US supermarkets.
- A good sign-up bonus.
Blue Cash Preferred Rewards Card from American Express is the credit card for those who cards for everyday spendings like gas and groceries. It also charges 0% APR on all balance transfers and purchases you make. This introductory promo only has 12months.
One of the reasons we like this rewards card is it has one of the highest rewards rates in the rewards credit card industry. You get 6% cashback rate when you make purchases from US supermarkets and 3% cashback on spendings at US gas stations and certain departmental stores.
When you make spendings on a general purchase, you get 1% cashback. The rewards card also has a sign-up bonus of $200 when you make purchases up to $1000 within the first 90days of use.
You might have issues using the card in some places because the rewards card is issued by American Express. Also, the credit card should rarely be used to make purchases because of it 2.7% foreign transaction fee.