Consider a reward card if your goal is to get a new card. Rewards credit cards can offer additional benefits and earning potential. These cards are particularly valuable if your purchases are large. To be approved for these cards, you need to know your credit history.
Capital One Savor Rewards card
Capital One Savor Rewards Card offers high rates of rewards on entertainment and dining. After you spend $3,000 in the first three months, you will receive a $300 cash reward. You also get no foreign transaction fee and a host travel benefits like free 24-hour emergency support and travel accident coverage.
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. You also get 3% cashback on groceries and streaming services. You will also enjoy no foreign transaction fees, strong shopping protections, and an easy redemption process.
Citi Premier Card
Citi Premier Card, a multi-purpose rewards card, allows you to redeem points towards merchandise, gift cards and travel. The card's rewards rate is exceptional, with three points per dollar spent in most categories. You also get a $100 annual hotel benefit and no foreign transaction fees.
The card's perks may be 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. Finally, the card offers three months of free DashPass membership, which saves members money on cab rides. A ShopRunner membership is also available for $79, and provides free shipping to hundreds of stores.
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 such as Emirates Skywards, Air Canada Aeroplan, and others. You can also redeem your points for gift cards and merchandise. 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. Transferring points to partner airlines is possible for as little as 1.5 cents per Point.
It also offers a higher earning structure that its Sapphire Preferred counterpart. With a better earning structure than the Sapphire Preferred, Chase Sapphire Reserve gives you more points for every dollar spent. This is in addition to the fact that you can transfer your points into a variety travel partners and earn elite credits.
American Express cash back card
American Express cash back cards are a great way for you to earn rewards on everyday purchases. Blue Cash Everyday(r), although it has a $95 per year fee, you will be able to earn cash back rewards on more than one-percent of your purchases. Your credit card will earn you as much as $250 in cashback every six months if it is used regularly. 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. If you use your card at restaurants, you'll earn cash back that can be deposited into your account. 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. While some offer cash back for all purchases, others have higher rates for certain categories. Many cards have a rotating list of highest-earning card categories, which gives you the opportunity to receive a higher cashback rate.