As of 2024, several credit cards stand out for their rewards programs, offering various benefits such as cash back, travel rewards, points, and perks. The best credit card for you will depend on your spending habits, lifestyle, and preferences. Here are some of the top options:
1. Chase Sapphire Preferred® Card
- Rewards: Earn 3X points on dining, including eligible delivery services, takeout, and dining out, 3X points on select streaming services, 3X points on online grocery purchases (excluding Target, Walmart, and wholesale clubs), 2X points on travel, and 1X point per dollar on all other purchases.
- Welcome Bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
- Annual Fee: $95
2. American Express® Gold Card
- Rewards: Earn 4X Membership Rewards® points at restaurants, including takeout and delivery in the U.S., and earn 4X points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X). Earn 3X points on flights booked directly with airlines or on amextravel.com.
- Welcome Bonus: Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new card within the first 6 months.
- Annual Fee: $250 (Terms Apply)
3. Citi Custom Cash℠ Card
- Rewards: Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, then 1%. Earn unlimited 1% cash back on all other purchases.
- Welcome Bonus: None
- Annual Fee: $0
4. Capital One Venture Rewards Credit Card
- Rewards: Earn unlimited 2X miles on every purchase, every day.
- Welcome Bonus: Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel.
- Annual Fee: $95
5. Blue Cash Preferred® Card from American Express
- Rewards: Earn 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses, and more), and 1% on other purchases.
- Welcome Bonus: Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
- Annual Fee: $0 introductory annual fee for the first year, then $95.
Factors to Consider:
- Annual Fee: Some cards have no annual fee, while others offer valuable perks that may justify a higher fee.
- Rewards Structure: Choose a card that aligns with your spending habits to maximize rewards.
- Welcome Bonuses: Consider the value of the introductory bonuses and whether they align with your spending ability.
- Additional Benefits: Look for benefits like travel insurance, purchase protection, and access to airport lounges, depending on your needs.
Before applying for a credit card, carefully review the terms and conditions, including interest rates and fees, to ensure it fits your financial situation and goals.