A rewards card is a good option if you are looking for a new credit card. Rewards credit cards offer added benefits and earnings potential. These cards are particularly valuable if your purchases are large. For approval, it is essential to have a good credit score.
Capital One Savor Rewards card
Capital One Savor rewards cards offer high rewards rates on dining out and entertainment. The card offers a $300 cash bonus after spending $3,000 in three months. Additionally, there are no foreign transaction fees. The card also offers a range of benefits such as free emergency assistance 24 hours a day and travel insurance for accidents.
Capital One Savor rewards credit card is a great choice if you have excellent credit. It provides unlimited 4% cashback on dining out and entertainment purchases. The card offers 3% cash back on groceries, streaming services, and other purchases. You will also enjoy no foreign transaction fees, strong shopping protections, and an easy redemption process.
Citi Premier Card
Citi Premier Card offers a variety of rewards cards that allow you to earn points for travel, gift cards, merchandise, and gift cards. Its rewards rate is outstanding, at three points per dollar spent on most categories. The card comes with a $100 hotel reward and no foreign transaction fee.
The card's perks tend to be very modest. It does not have lounge access, priority boarding, or lounge access. You can still enjoy other travel benefits like access to Mastercard Luxury Hotels and Resorts. Cardholders will also receive $5 credits for each three Lyft rides that they take. Finally, the card offers three months of free DashPass membership, which saves members money on cab rides. ShopRunner membership is another benefit, worth $79, that offers two-day free shipping at hundreds.
Chase Sapphire Reserve
Chase Sapphire Reserve, a high-end credit cards with many perks, is Chase Sapphire Reserve. It lets you transfer your points directly to participating airlines. This applies to airlines such as Emirates Skywards, Air Canada Aeroplan, and others. You can also redeem your points for gift cards and merchandise. The card has an exclusive feature that allows you to transfer points into other loyalty programs. Chase Sapphire Reserve allows you to transfer points at a 1:1 ratio to other loyalty programs. You can also transfer points to selected partner airlines up to 1.5 cents a point.
The Sapphire Preferred credit card has a lower earning structure, which is another notable characteristic of this credit cards. With a better earning structure than the Sapphire Preferred, Chase Sapphire Reserve gives you more points for every dollar spent. Additional benefits include the ability to transfer your points and earning elite credit.
American Express cashback card
The American Express cash back card is a great way to earn rewards for everyday purchases. Blue Cash Everyday(r), while it comes with an annual $95 fee, earns more than 1% of all purchases in cashback rewards. You can earn up to $250 cash back per six months if you use your credit card frequently. The card is best for consumers with a 700+ credit score who use their card for gas purchases and groceries.
Because of their tangible benefits, cashback credit cards are extremely popular. If you use your card at restaurants, you'll earn cash back that can be deposited into your account. This can make them much more appealing than gas credit cards and travel rewards. Cash back cards may not be the same for everyone. Some offer cashback on all purchases and others only on certain categories. Many cards rotate their highest earning categories every quarter, which allows you to take advantage of a higher cash back rate.