Consider a reward card if your goal is to get a new card. Rewards credit cards provide additional benefits and potential earnings. These cards are especially valuable if you make large purchases on your card. To ensure you get approved for one, it's important to know about your credit history.
Capital One Savor Rewards card
Capital One Savor rewards credit card offers high reward rates on entertainment and dining. The card comes with a $300 cash bonus if you spend $3,000 in three month. In addition, the card comes with no foreign transaction fees and provides a host of travel benefits, including free 24-hour emergency assistance and travel accident insurance.
Capital One Savor Rewards Card is an excellent choice for those with good credit. It gives you unlimited 4% cashback for dining and entertainment. The card also offers 3% cashback for groceries and streaming. 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. Its rewards rate is outstanding, at three points per dollar spent on most categories. You also get a $100 annual hotel benefit and no foreign transaction fees.
The card's perks may be modest. It does not have lounge access, priority boarding, or lounge access. The card does offer other benefits such as access to Mastercard Luxury Hotels and Resorts. For every three Lyft rides taken, cardholders receive a $5 credit. The card comes with three months free DashPass membership. This allows members to save money on cab fare. Another benefit is a free ShopRunner membership, which is worth $79 and offers free two-day shipping at hundreds of stores.
Chase Sapphire Reserve
Chase Sapphire Reserve, a high-end credit cards with many perks, is Chase Sapphire Reserve. First, it allows you to transfer your points to participating airlines. This includes airlines such as Emirates Skywards and Air Canada Aeroplan. Points can also be used to buy gift cards or merchandise. This card also features a unique feature, which allows you to transfer points from one loyalty program to another. Chase Sapphire Reserve allows you to transfer points at a 1:1 ratio to other loyalty programs. You can also transfer your points to select partner airlines for up to 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. Additionally, Chase Sapphire Reserve allows you to transfer points to multiple travel partners and earn elite credit.
American Express cashback card
American Express Cash Back Card is a great card to get rewards for everyday purchases. Blue Cash Everyday(r), which has a $95 annual cost, will earn you more than one percent in cash back rewards for every dollar spent. Your credit card will earn you as much as $250 in cashback every six months if it is used regularly. Consumers with 700+ credit scores who use the card to purchase gas and groceries are best candidates.
Cash back credit cards are popular because they offer tangible benefits. Cash back credit cards can be used at restaurants to earn cash that you can deposit into your account. These cards can be more attractive than gas credit cards or travel rewards. However, you should be aware that not all cash back cards are the same. Some cards offer cash back on all purchases while others offer higher rates for specific categories. Many cards have a rotating list of highest-earning card categories, which gives you the opportunity to receive a higher cashback rate.