5 Best Credit Card Rewards You Can Benefit From
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Score cash back and other perks with any of these best credit card rewards.
Let’s cash in some rewards!
When it comes to the best credit card rewards, there are tons of benefits you can reap depending on the card you choose. From travel benefits to cashback, you can enjoy some amazing bonuses while building up your credit score. As long as you’re on top of your timely payments, of course!
It’s important to note that using a credit card often can be a massive gamble if you overspend or cannot keep up with payments. Please keep this in mind and try to only spend what you can pay back, and always talk to a financial adviser if you have any questions on whether a certain credit card makes sense for you.
With so many beneficial credit cards with rewards out there, we’ve categorized each of our top choices. Note that each credit card service has a ton of different cards available.
We’re only picking five out of the hundreds available, so always do some research yourself to see which card supports your needs and benefits you the most. And please note that none of these options are sponsored or affiliated, and were simply chosen based on our research.
Here’s our picks for best credit card rewards:
- Best Travel Rewards – Capital One Venture Card
- Best No Annual Fee Option – Blue Cash Everyday American Express
- Best Cash Back Card – Citi Custom Cash Card
- Best for New or Building Credit – Discover It Secured Credit Card
- Best Overall Rewards – Chase Freedom Unlimited
Best travel rewards.
As a new cardmember, the Venture card will greet you with 60,000 bonus miles once you spend $3,000 on purchases within the first three months of your account opening. With that many miles, you can easily get a flight up to $600 in value! In addition to this, you’ll earn 2 miles per dollar with every purchase and 5 miles per dollar on hotels and rentals if you book with Capital One Travel.
With an annual fee of $95, all rewards you get with Capital One’s Venture card are straightforward and easy to redeem! If you’re looking for a $0 annual fee, check out the VentureOne card, where you’ll receive 1.25 miles per dollar and 20,000 miles if you spend $500 in the first three months of opening your card.
It’s important to note that if you’re loyal to only one airline, this card might not be best for you. It is, however, great for general travel and has rewards for tons of different airlines. Many airlines actually have their own credit cards in collaboration with trusted banks, so, if you only love one specific airline, it’s best to opt for their own branded card.
Best no annual fee credit card.
With the Blue Cash Everyday Card by American Express, you’ll pay no annual fee. You’ll also earn $250 back when you spend $2,000 within the first six months. Upon signing up, you’ll also take advantage of low APR and reduced plan fees for the first 15 months of your account when you pay large purchases in monthly installments with Plan It by American Express.
This is a great card for families too, as you’ll receive 3% cash back on groceries, 2% on gas, 2% on select department stores, and 1% on other purchases. With any American Express card, you’ll be able to redeem membership points with every Amazon purchase when you link your American Express Card to your Amazon.com account. You can sometimes pay your entire Amazon order off with points you’ve earned by paying off your credit card!
Best cash back credit card.
With a Citi Custom Cash Card, you’ll grab 5% cash back on purchases in your highest eligible spend category. This means the places you spend the most often will give you the most cash back! Talk about a card that rewards you for being, well, YOU! These eligible categories include streaming services, restaurants, grocery stores, select travel expenses, and more.
The only downside is it’s limited to up to $500 cash back. If you exceed that, you’ll just get 1% cash back. But all that said, there’s also no annual fee. 🙌
Best credit card for new or rebuilding credit.
Discover It Secured Credit Card is perfect specifically for anyone looking to start or rebuild credit. The biggest advantage is there’s no credit score required to apply, and you set your own line of credit. To apply, you submit a refundable security deposit.
That amount will be the amount of your line of credit, and the original deposit will be refunded to you after 6 consistent on-time payments throughout 6 months of good status on all credit cards you have. There’s no annual fee, and it’s a simple yet effective method to build your credit score in a timely manner.
Best overall rewards credit card.
Chase has two Freedom cards with similar benefits. With Chase Freedom Unlimited, you’ll earn 5% cash back on gas and you can get up to $6,000 back on your first year. You’ll also get a $200 bonus after spending $500 in the first three months of opening your card.
Furthermore, you’ll get over 1.5% cash back on other categories including travel, dining, drugstores, and more. Unlike other credit cards, your cash back promotions won’t expire, so you’re pretty much getting cash back for almost everything you purchase. There’s also zero annual fee and tons of protection benefits.
If you use credit cards, we hope you find these credit card rewards just as helpful as we do. And if you opt to live debt-free, go you! 🎉 Let us know in the comments any rewards you’ve received from your preferred credit cards!
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