Consider a reward card if your goal is to get a new card. Rewards credit cards provide additional benefits and potential earnings. These cards are especially beneficial if large purchases are made on your card. For approval, it is essential to have a good credit score.
Capital One Savor Rewards card
The Capital One Savor rewards card offers high rewards rates on dining and entertainment. The card offers a $300 cash bonus after spending $3,000 in three months. The card has no foreign transaction fees, and offers a variety of benefits including 24-hour emergency help and travel accident insurance.
The Capital One Savor rewards card is a great choice for people with excellent credit. The card offers unlimited 4% cashback on dining and entertainment purchases. The card also gives you 3% cash back on groceries and streaming services. Other features include no foreign transaction fees, solid shopping protections, and a straightforward redemption process.
Citi Premier Card
Citi Premier Card, a multi-purpose rewards card, allows you to redeem points towards merchandise, gift cards and travel. It offers three points per dollar on most categories, which is a great rewards rate. 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 will also receive $5 credits for each three Lyft rides that they take. The card comes with three months free DashPass membership. This allows members to save money on cab fare. 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 Credit Card is a high end credit card offering many perks. First, it allows you to transfer your points to participating airlines. This applies to airlines such as Emirates Skywards, Air Canada Aeroplan, and others. You can also use your points to buy merchandise or gift cards. You can also transfer points to other loyalty programmes with this card's unique feature. The Chase Sapphire Reserve offers a 1:1 point transfer ratio to many other loyalty programs. Transfer your points to select airlines for as low as 1.5 cents per unit.
The Sapphire Preferred credit card has a lower earning structure, which is another notable characteristic of this credit cards. Chase Sapphire Reserve is a credit card that offers more points per dollar than its Sapphire Preferred counterpart. 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. Blue Cash Everyday(r), which has a $95 annual cost, will earn you more than one percent in cash back rewards for every dollar spent. Your credit card will earn you as much as $250 in cashback every six months if it is used regularly. This card is ideal for those with 700+ credit who use it for grocery and gas purchases.
Cash back credit card are very popular as they offer tangible benefits. Cash back credit cards can be used at restaurants to earn cash that you can deposit into your account. This can make them much more appealing than gas credit cards and travel rewards. However, you should be aware that not all cash back cards are the same. Some cards give cash back on all your purchases, while others provide higher rates for specific categories. You can take advantage of a higher rate of cash back by rotating your highest-earning categories each quarter.