The 10 Best Credit Cards Packed With Perks
There are many kinds of rewards credit cards, each with its own unique earning rates, reward systems, and rules. It can be challenging to compare these cards, and not choosing the right one might mean missing out on benefits or even losing money. Here’s our top 10 picks for reward credit cards.
**Chase Sapphire Preferred Card**
The Chase Sapphire Preferred Card is a great all-around choice with good reward rates and flexible redemption options. It’s ideal for people who spend frequently on travel and dining and comes with a reasonable annual fee. Its strengths include a generous sign-up bonus, many redemption options, and travel perks. However, it does have an annual fee and doesn’t offer an introductory APR.
**American Express Platinum Card**
For those who travel often and enjoy luxury, the American Express Platinum Card is worth considering. It offers top-notch travel perks, access to airport lounges, and plenty of rewards with Membership Reward points. On the downside, it has a hefty $695 annual fee and a somewhat complicated rewards system.
**Capital One Venture Rewards Credit Card**
The Capital One Venture Rewards Card is a strong travel card that holds its own against other high-end options. Users can earn miles on every purchase, with 2 to 5 miles per dollar spent. While it has a lower annual fee compared to its rivals, it lacks partnerships with domestic airlines and upscale hotels.
**Citi Premier Card**
The Citi Premier Card offers solid rewards on travel and everyday spending. It gives 3X points on travel bookings, restaurants, supermarkets, and gas stations, though it does have an annual fee.
**Discover it Cash Back Card**
Discover it Cash Back is great for moderate spenders who can track the 5% rotating bonus categories and stay within the quarterly spending cap. With no annual fee, it can provide good rewards, but the bonus cashback is limited to $1,500 per quarter.
**Bank of America Premium Rewards Credit Card**
The Bank of America Premium Rewards card is perfect for frequent travelers looking for flexible rewards. This is especially true if they have significant balances in their Bank of America accounts. However, it comes with an annual fee.
**Wells Fargo Active Cash Card**
The Wells Fargo Active Cash card offers a straightforward 2% cash back on all purchases with no annual fee. While it provides competitive cashback rates, it doesn’t have any reward categories.
**Hilton Honors American Express Surpass Card**
Designed for frequent Hilton hotel guests, the Hilton Honors American Express Surpass Card offers substantial points and additional perks for Hilton reservations. Keep in mind, there is a high annual fee and a penalty APR.
**Chase Freedom Unlimited**
Chase Freedom Unlimited offers a simple cashback program with a consistent rate on all purchases and no annual fee, although you will need excellent credit to qualify.
**Southwest Rapid Rewards Premier Credit Card**
Frequent Southwest Airlines flyers might benefit from the Southwest Rapid Rewards Premier Credit Card. It offers bonuses and anniversary rewards. However, it has a relatively high regular APR, an annual fee, and no introductory APR offer.
In conclusion, it’s important to consider your spending habits, travel preferences, and financial goals to find the best card for you. Before applying, make sure to check for any changes in terms, conditions, and reward structures on the card issuer’s website.
