Best Rewards Credit Cards. Choosing the best rewards credit card depends on your spending habits, priorities, and the type of rewards you value most (e.g., cash back, travel points, etc.). As of my last training cut-off in January 2023, here are some popular categories and the cards that were often mentioned as top contenders:
Best Rewards Credit Cards
- Cash Back Cards:
- Chase Freedom Flex℠: Offers rotating quarterly categories where you can earn 5% cash back (up to a quarterly maximum), plus other categories with fixed rewards rates.
- Citi® Double Cash Card: Earns 2% cash back on all purchases: 1% when you buy, and 1% as you pay.
- Travel Rewards Cards:
- Chase Sapphire Preferred® Card: Known for its generous sign-up bonus and valuable Ultimate Rewards points, which can be transferred to many airline and hotel partners.
- The Platinum Card® from American Express: Offers a variety of premium travel perks including airport lounge access and travel credits.
- Airline-Specific Cards:
- Delta SkyMiles® Gold American Express Card: Offers perks like free checked bags and priority boarding on Delta flights.
- Southwest Rapid Rewards® Priority Credit Card: Known for its rewards program which can lead to the Companion Pass.
- Hotel-Specific Cards:
- Marriott Bonvoy Boundless™ Credit Card: Offers solid rewards for spending at Marriott hotels.
- Hilton Honors American Express Surpass® Card: Provides extra points for Hilton stays and other categories.
- No Annual Fee Cards:
- Chase Freedom Unlimited®: Offers a solid flat cash back rate on all purchases with no annual fee.
- Capital One Quicksilver Cash Rewards Credit Card: Provides 1.5% cash back on every purchase.
- Business Rewards Cards:
- Ink Business Preferred® Credit Card: Offers a high rewards rate in business categories like travel and advertising.
- American Express® Business Gold Card: Adjusts its rewards to match where you spend the most each billing cycle.
- Cards for Dining and Entertainment:
- Capital One Savor Cash Rewards Credit Card: Provides high cash back rates on dining and entertainment.
- American Express® Gold Card: Offers bonus points for dining and U.S. supermarkets.
- Student Rewards Cards:
- Discover it® Student Cash Back: Offers rotating cash back categories and a good grades reward.
- Journey® Student Rewards from Capital One®: Provides cash back for all purchases with a bonus for paying on time.
It’s essential to note that the best card for you will depend on your individual needs and spending patterns. Always review the card’s terms, fees, and benefits before applying. Additionally, the credit card landscape is continuously evolving, with new offers and changes to existing cards. It would be a good idea to check the most recent reviews or comparisons online or consult with a financial advisor.
Also Checkout: Which is The Best American Express Credit Card