Choosing the right rewards credit card can be tricky due to the variety of reward rates, types, and rules. Missing out on a great card could mean missing out on valuable perks and cash back. Here’s a list of the top ten rewards credit cards we recommend:
**Chase Sapphire Preferred Card**
This card is great for those who spend a lot on travel and dining. It has a solid rewards rate and flexible redemption options, along with a reasonable annual fee and enticing sign-up bonus.
– **Pros**: High rewards in multiple spending categories, plus various travel and shopping protections.
– **Cons**: Annual fee and no introductory APR offer.
**American Express Platinum Card**
Perfect for stylish, frequent travelers, offering premium travel benefits, airport lounge access, and Membership Rewards points.
– **Pros**: Great bonus categories, transfer partners, and luxury perks.
– **Cons**: High annual fee ($695), complex rewards system, and requires excellent credit.
**Capital One Venture Rewards Credit Card**
This card competes with top-tier options, offering 2 to 5 miles per dollar spent. The straightforward rewards system lets users earn miles on every purchase.
– **Pros**: Reasonable annual fee, travel credit, and easy-to-understand rewards.
– **Cons**: Few domestic airline and high-end hotel partners, no hotel status benefits.
**Citi Premier Card**
Designed for frequent travelers, it rewards both travel and non-travel purchases.
– **Pros**: Generous reward points in selected categories, and points never expire.
– **Cons**: Annual fee and requires good to excellent credit.
**Discover It Cash Back**
Ideal for those keeping an eye on their spending with its 5% rotating categories and end-of-year cash back match.
– **Pros**: Up to 5% cash back in rotating categories, no minimum cashback redemption.
– **Cons**: Quarterly activation for categories and a low base reward rate.
**Bank of America Premium Rewards Credit Card**
Especially beneficial for Bank of America account holders with high balances, offering flexible rewards and premium travel protections.
– **Pros**: Sign-up bonus, high points on travel and dining, plus premium travel protections.
– **Cons**: Annual fee and requires good to excellent credit.
**Wells Fargo Active Cash Card**
A strong contender for flat-rate cash back cards with a 2% cashback rate and no annual fee.
– **Pros**: High rewards rate and an introductory APR period.
– **Cons**: No bonus categories.
**Hilton Honors American Express Surpass Card**
Ideal for Hilton regulars, offering significant points on Hilton purchases and additional perks.
– **Pros**: Over $600 in annual statement credits and a free standard night award.
– **Cons**: High annual fee without an initial waiver and lower reward point value than many programs.
**Chase Freedom Unlimited**
With no annual fee and a straightforward cash back program, this card is a top pick among cash-back aficionados.
– **Pros**: No annual fee, introductory APR period, and high rewards rate.
– **Cons**: Requires good to excellent credit.
**Southwest Rapid Rewards Premier Credit Card**
Best for those who fly Southwest Airlines frequently, offering bonus points, anniversary bonuses, and more.
– **Pros**: No foreign transaction fees, A-list status opportunities, no blackout dates for reward seats.
– **Cons**: High regular APR, no introductory APR offer, and annual fee.
**Conclusion**
When applying for a credit card, consider your spending habits, travel preferences, and financial goals to select the best card for you. Always check the latest terms, conditions, and reward structures on the issuer’s website since they might change.