Choosing the right reward credit card can be tricky since there are many options with various benefits, rewards rates, and redemption rules. Not selecting the best one for you could mean missing out on savings and perks. Here’s a list of our top 10 recommended reward credit cards:
**Chase Sapphire Preferred Card**
The Chase Sapphire Preferred Card is a great choice for frequent travelers and those who dine out often. It offers high reward rates, flexible redemption options, a sizable sign-up bonus, travel benefits, and a reasonable annual fee.
**Pros:**
– High rewards across multiple spending areas
– Travel and shopping protections included
**Cons:**
– Annual fee
– No introductory APR offer
**American Express Platinum Card**
This card is excellent for regular travelers who enjoy luxury perks like airport lounge access. It provides a variety of rewards, including Membership Rewards points.
**Pros:**
– High reward categories
– Transfer partners available
– Luxury rewards
**Cons:**
– High annual fee of $695
– Complicated rewards program
– Requires good to excellent credit
**Capital One Venture Rewards Credit Card**
The Capital One Venture Card is a top pick for travelers, offering 2-5 miles per $1 spent and a significant initial bonus. Its simple rewards structure is a plus.
**Pros:**
– Lower annual fee compared to other cards in its category
– Easy-to-earn and redeem reward miles
**Cons:**
– Limited domestic airline and luxury hotel partners
– No hotel status benefits
**Citi Premier Card**
The Citi Premier® Card is especially good for earning rewards on everyday purchases. It provides 3X points on categories like restaurants, supermarkets, hotels, and air travel.
**Pros:**
– High rewards in key spending categories
– Rewards do not expire
**Cons:**
– Annual fee
– Requires good to excellent credit
**Discover It Cash Back**
This card is suitable for moderate spenders who can take advantage of the 5% rotating categories and keep track of quarterly spending limits.
**Pros:**
– Cashback matched at the end of the first year
– No minimum cashback redemption
**Cons:**
– $1,500 limit per quarter on 5% bonus cashback
– Bonus categories need to be activated each quarter
– Low consistent cashback rate on other purchases
**Bank of America Premium Rewards Credit Card**
This card is tailored for frequent travelers and Bank of America customers with significant account balances. It offers rewarding flexibility and premium travel protections.
**Pros:**
– High sign-up bonus
– Attractive rewards for travel and dining
– Premium travel protections
**Cons:**
– Annual fee
– Requires good to excellent credit
**Wells Fargo Active Cash Card**
This card offers a competitive flat-rate cash reward program with no annual fee, standing out among the best flat-rate cashback cards.
**Hilton Honors American Express Surpass Card**
For those who often stay at Hilton hotels, this card provides high points on Hilton purchases along with additional perks.
**Chase Freedom Unlimited**
The Chase Freedom Unlimited card offers a straightforward cash-back program without an annual fee, making it a top consideration.
**Southwest Rapid Rewards Premier Credit Card**
Perfect for frequent Southwest Airlines customers, this card offers various travel perks and rewards.
Before choosing a credit card, it’s important to evaluate your spending habits and preferences. Always check the latest information on the card issuer’s website, as reward structures and terms can change.