Selecting the perfect rewards credit card can be challenging since they vary in earning rates, types of rewards, and rules. Missing out on the right rewards card could mean losing valuable perks and some extra cash. Here are our top 10 picks for the best rewards cards.
CHASE SAPPHIRE PREFERRED CARD
Great for those who spend a lot on travel and dining, this card offers high reward rates and flexible redemption options. It has a reasonable annual fee, attractive sign-up bonuses, travel benefits, insurance coverage, and consumer protections.
AMERICAN EXPRESS PLATINUM CARD
Ideal for frequent travelers seeking luxury, this card comes with premium travel perks, access to airport lounges, and various rewards, including Membership Rewards points. However, it has a high annual fee and requires a good-to-excellent credit score.
CAPITAL ONE VENTURE REWARDS CREDIT CARD
Known for its straightforward rewards structure, this card is excellent for premium travel. It offers a high initial points bonus and lets you earn two to five miles per dollar spent.
CITI PREMIER CARD
Perfect for those who want rewards on both travel and non-travel expenses, this card offers bonus points in multiple categories, such as hotels, air travel, dining, and gas stations.
DISCOVER IT CASH BACK
Designed for those who don’t mind tracking quarterly spending caps and activating 5% rotating categories, this card has no annual fee, which makes up for some limitations in its bonus rewards rate.
BANK OF AMERICA PREMIUM REWARDS CREDIT CARD
This card provides a great rewards system, travel perks, and credits for airline incidentals. If you’re already a Bank of America customer, it offers additional benefits that might be perfect for frequent travelers.
WELLS FARGO ACTIVE CASH CARD
With a straightforward 2% cash back rate on purchases, this card stands out as a top flat-rate cash back option with no annual fee.
HILTON HONORS AMERICAN EXPRESS SURPASS CARD
If you stay at Hilton hotels often, this card can be very rewarding. It gives plenty of points on Hilton purchases and other perks, including complimentary Diamond status.
CHASE FREEDOM UNLIMITED
This card offers a simple cash back program with a flat reward rate on all purchases and no annual fee.
SOUTHWEST RAPID REWARDS PREMIER CREDIT CARD
For frequent Southwest Airlines flyers, this card provides bonus points and annual bonuses.
BOTTOM LINE
Before deciding on any card, consider your spending habits, travel preferences, and financial goals. Make sure the card features match your needs. And always keep in mind that reward structures, terms, and conditions can change, so check the card issuer’s website for the latest information.