You are going toearn kickbacks using credit cards with rewards. You can easily enjoy savings orperks which might be out of reach if you have a great credit and you don’tcarry a monthly balance on your card. There are many rewards cards that areavailable for consumers this day, it is best if you understand the types ofrewards credit cards and how you will be able to profit from using them.
Top 6 Credit Card for Reward
Chase Sapphire Preferred® Card
With this card,you will earn two points per dollar on travel and dining at restaurants and youwill earn one point per dollar on other purchases that you make with this card.You can also transfer the points to other travel partners at 1:1 rate. The cardhas a signup bonus point of 50000 points when you spend $4000 in the firstthree months that you opened your account. This bonus point worth $625 if youredeem it for travel through Chase Ultimate Rewards. There are other benefitslike trip cancellation and interruption insurance, extended warranty coverage,and auto rental collision damage waiver that you can benefit from.
Ink Business Preferred℠ Credit Card
Youare going to earn rewards for business expenses with 3 points per dollar on$150,000 that is spent on travel and select categories each year with thiscard. You will also earn one point per dollar from other purchases. There are80,000 bonus points that you will get when you spend $5000 on purchases in thefirst three months that you open your account. There are many other benefitsthat you will get like trip cancellation or interruption insurance, priceprotection, purchase protection, and roadside dispatch.
Capital One® Venture® Rewards Credit Card
Youare going to earn 2 miles per dollar on all purchases and 10 miles per dollarat hotels.com through January 2020 with this card. You will also earn 50,000miles when you spend $3000 in the first three months that you open youraccount. The annual fee for this card is $95 but it is waived in the firstyear. The card has no foreign transaction fees for this card and you will alsobe qualified to take advantage of concierge service, travel upgrades, andsavings, auto rental collision damage waiver, extended warranty coverage,shopping discounts, and emergency card replacement.
Wells Fargo Propel American Express® Card
You will earnthree points per dollar on gas, travel, dining, and popular streaming serviceswith this card. You will also earn one point per dollar on all other purchaseswhile you can also earn 30000 points signup bonus if you have spent more than$3000 in the first three months that you open your account. The card has noannual fee and zero percent introductory APR on purchases and balance transfersfor 12 months and a variable APR of 14.49 – 26.99% afterward.
Blue Cash Preferred® Card from American Express
With this card,you will earn rewards on everyday purchases as it offers 6% cash back at U.Ssupermarkets on the first $6000 spent annually and it is 1% afterward. There isalso a 3% cash back at U.S gas stations and select department stores with 1% onother purchases. The card has a welcome offer of $200 with a statement creditafter you have spent $1000 in the first three months that you opened youraccount. The card has zero percent introductory APR the first 12 months onpurchases and balance transfers and a Variable APR between 14.99 to 25.99%afterward. You will also benefit from car rental loss and damage insurance,global assistance hotline access, and travel accident insurance.
Discover it® Cash Back
With this card, you will get 5% cash back at different places each quarter like grocery stores, gas stations, Amazon.com, restaurants and many more with a quarterly maximum any time that you activate it. The cards will also match all cash back that you earned at the end of the first year for new cardholders. The card has no annual, over the limit, and foreign transaction fee. You will also get zero percent introductory APR on purchases and balance transfers with 3% balance fee. The variable APR after 14 months is 13.99 – 24.99%.