Consider a reward card if your goal is to get a new 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 Card offers high rates of rewards on entertainment and dining. After spending $3,000 within three months, the card will give you a $300 cash bonus. The card has no foreign transaction fees, and offers a variety of benefits including 24-hour emergency help and travel accident insurance.
For people with good credit, the Capital One Savor rewards cards is a great option. 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
Citi Premier Card allows you to use points to purchase merchandise, gift certificates, and travel. The card's rewards rate is exceptional, with three points per dollar spent in most categories. It also has a $100 hotel benefit each year and zero foreign transaction fees.
However, the card's perks can be quite modest. It does offer no lounge access and no perks like priority boarding. Other travel benefits include access to Mastercard Luxury Hotels and Resorts and lounge access. Cardholders also get $5 credits for every three Lyft ride they take. The card also offers three months of free DashPass membership. This saves members money on cab fares. 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 high-end credit card with many perks. First, you can transfer your points to participating airlines. This includes airlines such as Emirates Skywards and Air Canada Aeroplan. Your points can be used to redeem for merchandise and gift cards. The unique feature of this card allows you to transfer points to loyalty programs. Chase Sapphire Reserve has a 1:1 transfer ratio to many loyalty programs. You can also transfer points to selected partner airlines up to 1.5 cents a point.
It also offers a higher earning structure that its Sapphire Preferred counterpart. Chase Sapphire Reserve has a better earning structure that the Sapphire Preferred. This means you get more points per dollar. Additional benefits include the ability to transfer your points and earning elite credit.
American Express cashback card
American Express cashback card is a great way earn rewards for everyday purchases. The Blue Cash Everyday(r) Card has a $95 annual fee, but you'll earn more than one percent of your purchases in cash back rewards. You can earn up to $250 cash back per six months if you use your credit card frequently. Cardholders with 700+ credit rating who use their card for groceries and gas purchases are best.
Cash back credit card are very popular as they offer tangible benefits. Cash back credit cards offer tangible benefits. You'll get cash back if you use the card at restaurants. 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 allow you to benefit from a higher cashback rate by rotating the highest earning categories every quarter.