A rewards card is a good option if you are looking for a new credit card. Rewards credit cards have additional benefits and the potential to earn more. These cards can be especially useful if you make large purchase on your card. To ensure you get approved for one, it's important to know about your credit history.
Capital One Savor Rewards card
Capital One Savor Rewards Card offers high rates of rewards on entertainment and dining. After you spend $3,000 within three consecutive months, the card gives you $300 cash back. 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.
The Capital One Savor rewards card is a great choice for people with excellent credit. You can get unlimited cash back up to 4% on entertainment and dining purchases. The card offers 3% cash back on groceries, streaming services, and other purchases. The card also offers no foreign transaction fees and solid protection for your shopping. It can also be easily redeemed.
Citi Premier Card
The Citi Premier Card is a versatile rewards card that lets you redeem points for merchandise, gift cards, and travel. Its rewards rate is outstanding, at three points per dollar spent on most categories. The card also offers an annual hotel benefit of $100, and has no foreign transaction fees.
Although the card has a few perks, they are very limited. The card does not offer priority boarding or lounge access. The card does offer other benefits such as access to Mastercard Luxury Hotels and Resorts. Additionally, cardholders can enjoy a $5 credit for every three Lyft rides they take. Additionally, cardholders can get three months of free DashPass membership which allows them to save money on cab rides. Another benefit is a free ShopRunner membership, which is worth $79 and offers free two-day shipping at hundreds of stores.
Chase Sapphire Reserve
Chase Sapphire Reserve is a premium credit card that offers many perks. First, you can transfer your points into participating airlines. This includes airlines such as Emirates Skywards and Air Canada Aeroplan. Redeem your points to purchase gift cards or merchandise. This card also has a unique feature that lets you transfer points to other loyalty programs. Chase Sapphire Reserve provides a 1:1 point transfer rate to many loyalty programmes. Transfer your points to certain partner airlines for as little 1.5 cents each.
Another notable feature of this credit card is that it has a higher earning structure than its Sapphire Preferred counterpart. With a better earning structure than the Sapphire Preferred, Chase Sapphire Reserve gives you more points for every dollar spent. You can also transfer your points to travel partners to earn elite credit.
American Express cashback card
American Express cashback card is a great way 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. Consumers with 700+ credit scores who use the card to purchase gas and groceries are best candidates.
Cash back credit cards are popular because they offer tangible benefits. Cash back credit cards are popular because you can earn cash back when you use your card in restaurants. This money can then be deposited into your bank account. This can make them more appealing than travel rewards or gas credit cards. You should know that not all cashback cards are created equal. Some offer cash back on all purchases, while others offer higher rates on some categories. Many cards rotate their highest earning categories every quarter, which allows you to take advantage of a higher cash back rate.