If you're considering getting a new credit card, you should consider a rewards card. Rewards credit cards offer added benefits and earnings potential. These cards can be especially useful if you make large purchase 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. After you spend $3,000 in the first three months, you will receive a $300 cash reward. In addition, the card comes with no foreign transaction fees and provides a host of travel benefits, including free 24-hour emergency assistance 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 offers 3% cashback for groceries and streaming. Other features include no foreign transaction fees, solid shopping protections, and a straightforward redemption process.
Citi Premier Card
Citi Premier Card offers a variety of rewards cards that allow you to earn points for travel, gift cards, merchandise, and gift cards. 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.
The card's perks tend to be very 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. ShopRunner membership is available for $79 and includes free shipping within two days to hundreds of retailers.
Chase Sapphire Reserve
Chase Sapphire Reserve is a premium credit card that offers many perks. First, you can transfer your points into participating airlines. This applies to airlines like Emirates Skywards or 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. Transfer your points to certain partner airlines for as little 1.5 cents each.
It also offers a higher earning structure that its Sapphire Preferred counterpart. Chase Sapphire Reserve offers a higher earning structure than its Sapphire Preferred counterpart. You get more points for every dollar you spend. Additionally, Chase Sapphire Reserve allows you to transfer points to multiple travel partners and earn elite credit.
American Express cash back 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. If you use your credit card regularly, you can expect to earn as much as $250 in cash back every six months. Cardholders with 700+ credit rating who use their card for groceries and gas purchases are best.
Cash back credit cards are popular because they offer tangible benefits. You can redeem cash back for your card at restaurants. This could make them more attractive than other rewards cards such as gas credit or travel rewards. However, you should be aware that not all cash back cards are the same. Some offer cash back on all purchases, while others offer higher rates on some categories. You can take advantage of a higher rate of cash back by rotating your highest-earning categories each quarter.