The Best Rewards Cards
Do you have a rewards credit card but are considering other options? When it comes to credit cards, rewards matter. So much so that in a 2015 J.D. Power & Associates survey, 52% of consumers said they chose a new credit card for better rewards. But with hundreds of rewards cards out there, how can you earn more of what you want? Let’s take a look at some of the best rewards cards around!
Chase Sapphire Preferred Card
The Chase Sapphire Preferred credit card is a great option for someone who likes traveling but isn’t committed to just one airline.
Since it is not a rewards card connected to just one airline, you can take advantage of rewards wherever you use it.
With an annual fee of just $95 (waived for the first year), this rewards card offers you a nice sign-up perk.
If you spend $4,000 in the first three months you have the account, you will earn 50,000 bonus points.
But what does that do for you?
That’s $500 cash or $625 for travel! Your points are worth 25% more when you use them for travel bookings through Chase Ultimate Rewards.
Capital One Venture Rewards Card
Capital One’s Venture Rewards Card is another rewards card for those travelers at heart and is one of the best rewards cards around.
The Venture Rewards Card’s annual fee is waived during your first year but is just $59 each year after.
Travel abroad a bit? This rewards card offers no foreign transaction fees! If you’ve traveled abroad and used a card that has these fees, you know how quickly they add up!
Capital One also offers a competitive bonus program. You typically earn two miles for every dollar you spend but there is a nice introductory bonus. Spend $3,000 in your first three months with this card and you will earn a 40,000-mile bonus. (That’s $400 in travel money!)
Chase Freedom Rewards Card
But maybe traveling isn’t what you want out of your rewards card. If that’s you, take a look at Chase’s Freedom Rewards Card!
This card is focused on earning you cash back and it does it from the start. Want a nice welcome? Spend $500 in the first three months you have the account and you will earn a $150 bonus!
There is no annual fee with this card either, so you don’t have to worry about that eating into your rewards down the road.
You earn 1% cash back on all purchases but there is a 5% cash back category that rotates. This means that there will be times when you are earning five cents for every $1 you spend at the gas pump or in the grocery store. (Depending on the category that quarter, of course.)
But keep one thing to keep in mind — you have to opt-in to the bonus category each quarter so keep your eyes peeled for it!
Rewards Cards Matter
Whether you are looking to earn your next free flight, hotel stay or just put some extra cash in your pocket, rewards cards are a great way to do it!
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