Do you have excellent credit? If you do, then here are my three top picks for a better rewards credit card.
Bank Americard Travel Rewards® credit card offers you 1.5 points for every dollar you spend, and the points can be redeemed for nearly any travel purchase in the form of a statement credit. This card comes with a 20,000-point sign up bonus when you spend $1,000 in the first 90 days. That can be a $200 statement credit towards travel purchases, and it’s one of the few travel rewards cards with—get this – NO ANNUAL FEE! If you’re looking for a simple no annual fee card that won’t restrict your travel to certain airlines, THIS CARD IS FOR YOU.
Another top travel card, this one earns you 2 miles for every $1 spent and comes with a 40,000 mile sign up bonus after you spend $3,000 on purchases within the first 3 months – equivalent to $400 in travel. Now, it does have an annual fee of $59, but it’s waived the first year. The card allows you to fly any airline, stay at any hotel, anytime with no blackout dates a real plus for last minute travel plans. It also has zero foreign transaction fees and your miles don’t expire.
Lastly, Discover will match the cash back you’ve earned. This is the only credit card that will match your cash back at the end of the first year. So, let’s say you earned $200 in cash back from purchases in your first year, Discover will match it, making your total cash back for the year $400! The Discover it card earns 5% cash back in popular spending categories that change each quarter and 1% on all other purchases. The 5% cash back categories include things like gas, groceries, dining, and more. On top of the incredible rewards program, this card comes with 0% intro APR on purchases and balance transfers for 14 months. There is even no annual fee, no foreign transaction fees, and no late fee for your first late payment. This card is perfect for cash rewards, financing a big purchase, transferring your high interest debt, and avoiding bank fees to help you save money.
I hope this helps you with your choice of a credit card.