Best credit card rewards

You can read more about their methodology here. General purchases include items such as housekeeping supplies, clothing, personal care products, prescription drugs and vitamins, and other vehicle expenses. CNBC Select used this budget to estimate how much the average consumer would save over the course of a year, two years and five years, assuming they would attempt to maximize their rewards potential by earning all welcome bonuses offered and using the card for all applicable purchases.

All rewards total estimations are net the annual fee. It's important to note the value of a point or mile varies from card to card and based on how you redeem them. Extreme optimizers might be able to achieve more value.

Our final picks are weighted heavily toward the highest five-year returns since it's generally wise to hold onto a credit card for years. This method also avoids giving an unfair advantage to cards with large welcome bonuses.

While the five-year estimates we've included are derived from a budget similar to the average American's spending, you may earn a higher or lower return depending on your shopping habits.

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Sign up here. For rates and fees of the American Express® Gold Card, please click here. For rates and fees of the Blue Cash Preferred® Card from American Express, please click here. For rates and fees of The Platinum Card from American Express®, please click here. Information about Amazon credit cards has been collected independently by Select and has not been reviewed or provided by the issuer prior to publication; if you purchase something through Select links, we may earn a commission.

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product.

See the respective Guide to Benefits for details, as terms and exclusions apply. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc. Skip Navigation.

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Learn More. On the American Express secure site. Rewards 4X Membership Rewards® points at Restaurants plus takeout and delivery in the U. Uber Eats orders and U. Uber rides card must be added to Uber app to receive the Uber Cash benefit Strong rewards program with 4X points earned at restaurants and 3X points earned on flights booked directly with airlines or amextravel.

View More. On Capital One's secure site. Rewards 5 Miles per dollar on hotel and rental cars booked through Capital One Travel, 2X miles per dollar on every other purchase. On Chase's Secure site.

Rewards Enjoy 4. Pros No annual fee Rewards can be transferred to a Chase Ultimate Rewards card Generous welcome bonus. Variable APRs will not exceed gas stations and on transit. Cons 2. com and Whole Foods Market No fee charged on purchases made outside the U.

com or at Whole Foods Market. On Chase's secure site. Rewards None. Pros No annual fee Balances can be transferred within 4 months from account opening One of the longest intro periods for balance transfers.

On Discover's secure site. Pros Cash-back program Generous welcome bonus. citizen and college student to apply for this card. Discover will match all the cash back you've earned at the end of your first year.

Pros Cash-back program Generous welcome bonus Starting at seven months from account opening, Discover will automatically review your credit card account to see if you can transition to an unsecured line of credit and return your deposit.

Information about the Capital One Savor Cash Rewards Credit Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.

Benefit renews annually. Enrollment required. Plus Up Benefits not eligible. Rewards 4X points at restaurants, including takeout and delivery in the U.

Welcome bonus Earn an additional 1. Rewards 10X points on hotels and car rentals purchased through the Chase Ultimate Rewards site 10X points on Lyft rides through Mar.

Rewards 5X points on travel purchases through Chase Ultimate Rewards 5X points on Lyft rides through Mar. Cash back : Receive a percentage of spending back, directly related to how much you spent.

Points and miles : Earn points or miles on purchases. The value of one point or one mile isn't always equal to one cent. They might be worth more or less than a penny depending on the credit card you have and the way you redeem rewards. Typically, you can earn points and miles on travel rewards credit cards.

Additionally, rewards cards can be broken down into three groups based on how you earn rewards: Flat-rate rewards: This type of rewards credit card comes with a single rewards rate that applies to all purchases.

For instance, the Chase Sapphire Reserve® from our list of the best travel rewards credit cards offers 10X points on hotels and car rentals and 5X points on flights booked through Chase Ultimate Rewards, plus 3X points on dining and all other travel purchases. Any purchases outside of these categories only earn 1X points.

Rotating categories: This type of card offers a higher rewards rate in specific bonus categories that change every quarter. You need to activate the categories every quarter to earn bonus cash back. What is a rewards credit card? Are rewards credit cards worth it?

Who should apply for a rewards card? Read more. The best credit cards of We looked at the top 50 cash-back credit cards—here's the best one according to our analysis.

Here are the best travel credit cards that can save you hundreds on your next vacation. We analyzed over credit cards and these are the top sign-on bonuses to maximize your rewards. Subscribe to the CNBC Select Newsletter! Find the right savings account for you. What to know about paying taxes on sports bets Elizabeth Gravier.

Read our Citi Simplicity® Card review. Standout rewards : The Citi Simplicity Card doesn't provide any rewards, but its intro-APR period for balance transfers is exceptionally generous. The Wells Fargo Reflect® Card offers an unreasonably generous intro APR for both purchases and balance transfers.

Discover will match all the cash back earned for all new cardmembers at the end of your first year. Read our Discover it® Student Cash Back review. Unlike many student credit cards , the Discover it® Student Cash Back provides an opportunity to earn cash-back rewards while you're in college and building your credit history.

To qualify for the bonus cash back, you'll need to activate the new categories each quarter. Read our Discover it® Secured Credit Card review. Secured credit cards provide an opportunity to grow or repair your credit score, so they typically don't offer rewards or other benefits.

However, Discover it® Secured Credit Card is an exception. That's a nice return, but it's even better for the first year because Discover will match all of the cash back you earn for the first year.

If you need to relax, Capital One Savor Cash Rewards Credit Card earns cash back where it matters most. Standout rewards : Capital One Savor Cash Rewards card members earn bonus cash back on dining, entertainment , streaming services and at grocery stores.

No matter how you like to unwind, this card can make it more affordable. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.

Read our The Platinum Card® from American Express review. The Platinum Card® from American Express is a top-tier premium credit card , that's loaded with all sorts of perks. Standout rewards : If you want access to airport lounges, the Amex Platinum card is hard to beat.

Cardholders get access to Priority Pass lounges, American Express Centurion Lounges , Plaza Premium lounges, Lufthansa lounges, Escape Lounges and Delta Sky Clubs.

The American Express® Gold Card offers a stellar for dining, grocery and travel purchases, as well as statement credits that can almost entirely offset its annual fee see rates and fees.

You'll get the most value from your Membership Rewards points when redeeming for travel through transfer partners. com, Milk Bar and select Shake Shack locations enrollment required. Gold Card members can also participate in Amex Offers, which allow targeted cardholders to earn statement credits or bonus Membership Rewards® points at select retailers.

These limited-time offers are location-based and additional terms apply. The best way to use Amex points is to transfer them to an airline or hotel partner to book travel, but they can also be redeemed for statement credits, gift cards, and when checking out at retailers like Amazon.

The Capital One Venture Rewards Credit Card is a versatile and rewarding travel card with a welcome bonus that's worth taking a closer look at. Capital One miles can be used to book flights, hotels, rental cars and more directly through Capital One Travel , or to offset recent travel purchases at a fixed value of one cent per point.

Alternatively, they can be transferred to various hotel and airline partners including Accor Live Limitless, Air Canada Aeroplan, Etihad Guest and others to get even more value from your miles.

Refer to your Guide to Benefits for more details. The Chase Freedom Unlimited® Card earns a minimum of 1. Earn an additional 1. Freedom Unlimited cardholders receive three free months of DoorDash DashPass , which comes with reduced fees activate by Dec.

The Chase Sapphire Reserve® is loaded with luxury perks and valuable ongoing benefits that can easily make the annual fee worth it. This is a good way to boost the value of your Chase points. You can also take advantage of one year of free DashPass activate by Dec.

Anyone who prefers to earn cash-back rewards will want to consider the Blue Cash Preferred® Card from American Express. Cardholders can also potentially save money on their purchases by taking advantage of Amex Offers.

The Citi Double Cash® Card is a straightforward no-annual-fee cash-back card. After the intro period ends, there's a The Prime Visa has no foreign transaction fees, purchase protection and extended warranty protection. It also has valuable travel insurance including, baggage delay insurance, lost luggage reimbursement and rental car coverage.

Cardholders can also enroll for three complimentary months of DashPass activate by Dec. The Chase Sapphire Preferred® Card is an incredibly flexible travel rewards credit card that comes with useful travel and shopping protections, plus a modest annual fee.

If you earned 50, points from purchases, at the end of that year you'd receive a 5,point bonus. Cardholders can also enroll to receive one year of free DashPass membership activate by Dec.

The Citi Simplicity® Card doesn't offer any rewards but can help you pass less credit card interest. The Wells Fargo Reflect® Card is hard to beat if you want to pay less interest and pay down credit card debt faster. If you pay your monthly cell phone bill with this card, you can qualify for cell phone protection.

The Discover it® Student Cash Back card is an unusually rewarding credit card for students. You'll need to be an eligible student to qualify for this card, but it is available even if you have poor credit or a limited credit history.

Students traveling overseas can take advantage of no foreign transaction fees. The Discover it® Secured Credit Card is easier to qualify for because it requires an upfront deposit.

Plus, it has a generous rewards structure for a secured credit card. However, after seven months, Discover will automatically review your account to see if you qualify for an upgrade to an unsecured credit card.

This card has no foreign transaction fees. The Capital One Savor Cash Rewards Credit Card is one of the most rewarding options for earning cash back in categories such as entertainment and dining. Through Nov. This card also has no foreign transaction fees and grants you access to exclusive events and experiences through Capital One Entertainment and Capital One Dining.

The Platinum Card® from American Express is a premium credit card loaded with annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and more.

On top of excellent airport lounge access, cardholders can enroll for Marriott Bonvoy Gold status, Hilton Honors Gold status and rental car perks with National, Avis and Hertz.

Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress. Rewards credit cards come in all shapes and sizes, so it's important to take some time to choose the card that best matches your spending habits.

You want a card that will reward you for your everyday purchases without having to adjust your spending to maximize card rewards. You should decide if you're willing to pay an annual fee for a card since this can help narrow down choices. Make sure you do the math to see if an annual fee is within your budget and if it can be outweighed by the card's benefits.

Don't want to pay your credit card's annual fee? Here's how to ask for a retention offer. Next, you should figure out what type of rewards you want to earn and if you want a simple rewards program or one that may require some work. If you want a straightforward card, some generic rewards cards offer the same amount of rewards on all purchases, which require little planning.

Here's how credit card issuers classify purchases for bonus rewards. It's also a good idea to consider the card's welcome offer. Some of the best rewards credit cards come with large welcome bonuses for new cardholders worth hundreds of dollars.

Learn more: How to choose the best credit card in 3 easy steps. There are several different kinds of rewards cards. Rewards credit cards typically provide one of three reward structures: cash back, points or miles.

The way you earn and redeem rewards varies based on the type of credit card you open. In addition to the value of cash back, points and miles varying, redemption options also fluctuate.

You may be able to redeem for a statement credit, travel, gift card, merchandise or more, depending on the card you have. To make the most of your rewards card, you should familiarize yourself with the benefits and fees. Take note of any annual fees and the APR associated with your account, as well as the rewards rates and added perks, such as annual statement credits.

Once you're familiar with the terms of your card, you can start to take full advantage of them. If you have multiple credit cards , consider the rewards offered by each card before deciding which to use. Let's say you have the Citi Double Cash® Card and Chase Sapphire Reserve®.

Finally, pay attention to reward values when choosing redemption options. There are no bonus categories to keep track of and there is no limit to the amount of cash back you can earn.

This makes it one of the best options for earning cash back on everyday purchases. Read our Citi Simplicity® Card review. Standout benefits : The Citi Simplicity Card is one of the best options for transferring a credit card balance.

After the intro APR expires, a To qualify for the intro APR, balance transfers must be completed within the first four months of account opening. Read our Discover it® Secured Credit Card review.

The Discover it® Secured Credit Card is an excellent secured credit card to consider if your credit report has a few blemishes and your credit score is low. Standout benefits : Discover matches the cash back you earn for the first year, no matter how much or how little you spend. Plus, the card offers the ability to transition to an unsecured card starting seven months from account opening.

The Petal® 2 "Cash Back, No Fees" Visa® Credit Card is worth considering if you have no credit history, including those without a social security number , and are having difficulty getting approved for other credit cards.

Eligibility is based on factors beyond just a credit score, such as bank statements and earnings. Discover will match all the cash back earned for all new cardmembers at the end of your first year.

Read our Discover it® Student Cash Back review. The Discover it® Student Cash Back is geared toward college students who want to begin earning rewards and building credit early. Standout benefits : The Discover it Student Cash Back card comes with the same welcome offer available with many of the best Discover cards , in which Discover will match all of the rewards you earn in the first year.

The card also charges no foreign transaction fees. The Chase Freedom Unlimited® has a generous intro offer that is useful for low-spenders because there is no spending requirement to meet. The card also offers a higher-than-normal return for everyday purchases that fall outside of a bonus spending category, such as groceries.

Earn an additional 1. After that, a variable APR of This card also comes with cell phone protection. To qualify for the coverage, you'll need to pay your monthly cell phone bill with this card. The card's biggest benefit is its intro APR and balance transfer fee offers. And, as a Citi credit card , cardholders have access to exclusive events and experiences through Citi Entertainment.

The Discover it® Secured Credit Card is a top pick for those with bad credit credit scores of or lower. It earns rewards and offers a a clear path to upgrading to an unsecured credit card. Cardholders enjoy a cash-back program and no foreign transaction fees. Starting seven months from account opening, Discover will automatically review your credit card account to see if you can transition to an unsecured line of credit and return your deposit.

The Petal® 2 "Cash Back, No Fees" Visa® Credit Card , issued by WebBank, takes a unique approach to the credit card application process, judging creditworthiness on factors beyond just credit history.

It also stands out for not charging many fees associated with other cards. One of the biggest benefits of this card is its lack of fees. You'll pay no annual fee, no foreign transaction fee , no late payment fee and no returned payment fee.

Unlike many other credit-builder cards, it also doesn't require a security deposit. The Discover it® Student Cash Back is an easy-to-get card that gives students a chance to earn generous rewards and start building credit while they're still in college. The Discover it® Student Cash Back card has no foreign transaction fees , which can save you money when studying abroad or traveling internationally.

Our top recommendations for the best rewards credit card · Best for beginners: Chase Sapphire Preferred® Card · Chase Sapphire Preferred® Card · Chase Sapphire Best Rewards Credit Cards · Chase Sapphire Preferred® Card: Best for Earning Ultimate Rewards · Capital One Venture X Rewards Credit Card: Best Wells Fargo Active Cash® Card: Best for $ cash rewards bonus ; Chase Sapphire Preferred® Card: Best for Chase Ultimate Rewards® points ; U.S

Best credit card rewards - U.S. News' Best Rewards Credit Cards of February · United Gateway℠ Card · Discover it® Cash Back · Chase Freedom Unlimited® · Chase Sapphire Preferred® Our top recommendations for the best rewards credit card · Best for beginners: Chase Sapphire Preferred® Card · Chase Sapphire Preferred® Card · Chase Sapphire Best Rewards Credit Cards · Chase Sapphire Preferred® Card: Best for Earning Ultimate Rewards · Capital One Venture X Rewards Credit Card: Best Wells Fargo Active Cash® Card: Best for $ cash rewards bonus ; Chase Sapphire Preferred® Card: Best for Chase Ultimate Rewards® points ; U.S

With generous rewards that cover groceries, dining, entertainment and select travel purchases, this is one of the most versatile rewards cards. The SavorOne is an excellent option for fun-loving foodies who can take advantage of the high cash back rate in dining out as well as grocery store purchases.

Earn 2X miles on every purchase. Frequent international travelers on the hunt for an unfussy travel rewards program will likely enjoy this flat-rate rewards card. It carries one of the highest flat rewards rates you can get at gas stations without sacrificing rewards in other everyday categories or paying an annual fee.

Fancy flyers will love the premium travel benefits this card offers, including statement credits, elite hotel status at select hotels enrollment required and access to exclusive airport lounges. Cardmembers also earn extra points on flights booked directly with airlines or with American Express Travel and on prepaid hotels booked through American Express Travel.

Other purchases earn 1X points. The Citi Premier card offers 3X points on air travel, other hotels, restaurants as well as on everyday purchases at supermarkets and gas stations. This flexibility is especially great for jetsetters hoping to maximize rewards on everyday purchases as well as travel.

Its flexible and lucrative rewards structure makes this card an appealing choice for nearly anyone, particularly those who travel overseas, dine out, or order in with some frequency. The Blue Cash Preferred Card provides one of the highest cash back rates for purchases made at U.

On top of that, it also features generous cash back on everyday categories like U. gas stations and transit expenses. Anyone who spends a good bit of their budget on groceries will undoubtedly find value in the Blue Cash Preferred® Card from American Express, which offers one of the highest cash back rates on U.

supermarket purchases. With an outstanding rewards program, sign-up bonus and travel perks, this is one of the best travel cards around. Not only does the Chase Sapphire Preferred offer a valuable welcome offer, but its rewards rate for travel and restaurant purchases plus its lack of foreign transaction fees make it one of the best choices for travelers.

If you love to travel, the Capital One Venture X Rewards Credit Card delivers with unlimited miles in all purchase categories and plenty of added perks — all with a more down-to-earth annual fee compared to other premium travel credit cards. This card is ideal if your highest spending categories vary throughout the year since it offers a valuable rotating bonus category each quarter.

Plus, Discover matches all cash back earned at the end of the first year of card ownership, which could make this one of the highest sign-up bonuses around depending on your spending. This is a strong cash back rewards card with plenty of opportunities to maximize rewards, provided you enroll and plot out your spending categories in advance.

The VentureOne is a solid option for the occasional traveler. It comes with no annual fee, a sign-up bonus, and a chance to earn an unlimited 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 1.

This card has plenty of perks and just enough rewards to make it a solid option for occasional travelers looking for a travel rewards credit card with no annual fee. The Citi Custom Cash Card features a rewards program that adjusts to match your lifestyle and spending habits by offering the most generous rewards in your top eligible spending category.

This no-annual-fee card is a great choice for consumers looking for customized rewards without a big annual price-tag. For a card that charges no annual fee, the Citi Custom Cash® offers an impressively high cash back rewards rate and allows you to maximize earnings automatically in your top spending category every month.

That provides a lot of flexibility month-to-month without having to enroll in rotating categories or having to commit to a certain category indefinitely.

It features one of the most comprehensive lists of airline and hotel transfer partners on the market, offering tremendous flexibility with how you use your points. Even if you only redeem through Bilt, your points are worth 1.

The Bank of America® Customized Cash Rewards credit card gives cardholders greater flexibility. You also earn bonus rewards on purchases at wholesale clubs — another perk rarely offered. The Bank of America® Customized Cash Rewards credit card offers flexible cash back rewards without charging an annual fee, and with the potential for huge rewards boosts for existing Bank of America and Merrill account holders.

Whether you prefer to cook at home or dine out, the American Express® Gold Card offers high-value rewards for foodies who love to travel.

Given the huge array of items available on Amazon. com, plus the Amazon Fresh, Whole Foods and Chase Travel bonus categories, the Prime Visa can be an incredibly lucrative rewards card. This is one of the only cards that offers year-round cash back on U.

online retail purchases, without limiting you to just one or two brands. The Capital One SavorOne Student Cash Rewards Credit Card is packed full of features that will appeal to students and young adults. Not only do you earn boosted rewards for popular spending categories such as dining and entertainment, the card also features a welcome offer with a low spending threshold to obtain, and an opportunity for an automatic credit limit increase after six months.

The card also comes with some nice cost-saving features like no foreign transaction fees. rounds out the list of impressive features. The SavorOne Student card offers bonus categories tailored to students and strong credit building opportunities to students with no credit history required for approval.

All information about the American Express® Green Card, My GM Rewards Mastercard and the Chase Freedom Flex has been collected independently by CreditCards. com and has not been reviewed by the issuer. For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product.

See the respective Guide to Benefits for details, as terms and exclusions apply. See Rates and Fees 4. Related : Capital One SavorOne benefits guide. Related : How to maximize your Venture rewards card.

Related : Is The Platinum Card® from American Express worth the annual fee? Related : Citi Premier vs. Chase Sapphire Preferred. Related : Who should get the American Express Blue Cash Preferred?

Related : Why the CSP is a great first travel card. Related : Is the Venture X worth it? Related : Is the Citi Custom Cash worth it?

Related : Is the Bank of America Customized Cash Rewards credit card worth it? Related : Who should get the American Express Gold card? Read our Amex Green Card review. Read our U. Bank Altitude® Go Visa Signature® Card. Read our My GM Rewards® Mastercard® review. A rewards credit card is a credit card that lets you earn points, miles or cash back on your spending.

You might get rewards for specific types of purchases, like buying fuel at gas stations or groceries at supermarkets, or you might get a flat rate for all charges. Rewards credit cards create an exciting opportunity to earn something in exchange for using this type of credit card.

What you may not realize is there are multiple ways of earning and redeeming those rewards. Different rewards cards offer different types of rewards you can earn and a few different redemption options. The two most common are travel points and miles or cash back. This can be a great way to earn money for the purchases you make every day.

Plus, there are several types of cash back credit cards to consider when researching. Cash back gives you the most flexibility with your rewards. Learn how to redeem cash back. Travel credit cards reward cardholders with points or miles instead of cash. You can redeem points or miles to book travel.

There are three main types of travel credit cards. As you search for a card that best aligns with your budget and lifestyle, consider both the pros and cons of rewards credit cards. Before applying, make sure a rewards credit card is a good fit for you. The right rewards card for you will vary depending on your financial goals and habits.

So before you start comparing cards, carefully consider how you tend to spend your money. For example, a rewards rate of 3X points on travel purchases is great — but only if you regularly spend a significant amount of money on travel.

The best rewards card for you will match the way you already spend. Start by considering these card features or visiting our compare credit cards tool.

Still stuck? Check out our step-by-step guide to choosing the right credit card. The best rewards card depends on your specific needs. Choosing the best rewards card will come down to considering a few key questions and using the answers to lead you to the best card for you.

As you look at various rewards cards, consider the following;. The first step in choosing a rewards credit card is deciding what type of rewards you want most.

Not all rewards cards earn in the same categories or at the same rates, and some may be more valuable than others depending on your lifestyle. Whether you value the flexibility of cash back or want to stack up points and miles toward a trip, note the type of rewards you want most and start from there.

Knowing where you spend the majority of your money can be helpful when choosing a rewards credit card. To get the most out of a card, you should spend highly in the categories the card rewards most generously.

Take time to track your spending and get a pulse on where the money in your budget goes. Oftentimes, the most premier rewards cards with the best perks and benefits will charge an annual fee.

Credit card rewards programs come in any number of flavors, and one of them is bound to work well for you. Just remember that not every credit card from an issuer will qualify for their rewards program. Here is an overview of some popular rewards programs and how they work.

You can learn more about each one by reading our full reviews. The value of your points and miles can vary, depending on the card and how you redeem them. If you like to redeem your points for statement credits or gift cards, a card where your points are worth at least 1 cent is a safe bet.

This can give you more options when booking travel and give you a chance to redeem your points or miles for greater value.

In some cases, the right transfer partner could bump the value of your points or miles to over 2 cents. For example, with the Chase Sapphire Preferred card, your points are worth 1. But with the right high-value transfer partner, we estimate your points could be worth an average of 2 cents. Here are some of the best credit card rewards programs that offer travel cards with transferable points:.

When booking travel with airlines or hotels, you can see how much it will cost if you were to pay in cash or use your rewards.

To find the value of your points or miles, divide the cash cost of a flight or hotel stay by the cost in points or miles. This will give you the cash value of your points or miles.

But if your calculated value is less than what we estimate your points or miles should be worth, you may want to pay in cash or look for a better deal. We analyzed over credit cards to identify the best rewards credit cards currently on the market. These factors and more inform our decisions on which cards can work the best for you.

For more information on all things rewards cards, continue reading content from our credit card experts:. Your point-earning potential depends on two things: how much you spend on the card and whether it offers unlimited rewards. Some cards set no limit to the number of points you can earn at a boosted rate, while others might decrease your rewards rate after you hit a certain spending threshold.

Credit card companies use merchant category codes, or MCCs, to allocate rewards. These codes are assigned by payment networks like Visa or Mastercard, and typically apply to the business, not individual purchases.

Buying a loaf of bread at a gas station would not typically register as a grocery purchase, but rather a gas station purchase. Most rewards cards require at least good credit, which is a FICO® score of or greater. It depends on the terms and conditions of your rewards credit card.

Some credit card rewards programs will note that rewards never expire. Other programs have a defined expiration date. Ryan Noonan. Ryan Noonan Ryan Noonan is a former writer for Bankrate and CreditCards.

com and is a graduate of the School of Journalism at Ohio State University. Robert Thorpe. Robert Thorpe is an editor for CreditCards. Jason Steele.

Jason Steele is a professional journalist and credit card expert who has been contributing to online publications since He was one of the original contributors to The Points Guy, and his work has been appearing there since He has also contributed to over of the leading personal finance and travel outlets.

Jason is passionate about travel rewards credit cards, which he uses to earn rewards that he can redeem for him and his family to travel around the world.

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Instead, you'll see recommended credit ranges from the issuers listed next to cards on our site. Types of rewards credit cards Pros and cons Who should get a rewards credit card? How to choose the best rewards credit card How to maximize your rewards credit card Best rewards credit card programs Alternatives to getting a rewards card Frequently Asked Questions.

On this page Jump to Our top picks Rewards credit card details What is a rewards credit card? Best Rewards Credit Cards for February Written by: Ryan Noonan Edited by: Robert Thorpe Reviewed by: Jason Steele. Why trust us? Learn more.

Our editorial team and our expert review board provide an unbiased analysis of the products we feature. Our comparison service is compensated by our partners, and may influence where or how products are featured on the site.

Learn more about our partners and how we make money. Please note: The star-rating system on this page is based on our independent card scoring methodology and is not influenced by advertisers or card issuers. Show More Less Show More Less A rewards credit card offers a reward for each eligible dollar spent with the card, such as travel miles, cash back or points.

Best for entertainment. Capital One SavorOne Cash Rewards Credit Card. Our rating: 4. Credit card issuers have no say or influence on how we rate cards. The score seen here reflects the card's primary category rating.

For more information, you can read about how we rate our cards. Add to compare. Approval Odds serve as a guide to help you find the right credit card and will never affect your credit score.

More information Close. Apply now at Capital One's secure site. com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Editor's take. Overall rating Our rating: 4. Rewards Value: 4. Annual Percentage Rate: 1. Rewards Flexibility: 4. Features: 3. Issuer Customer Experience 4. Why we like this card With generous rewards that cover groceries, dining, entertainment and select travel purchases, this is one of the most versatile rewards cards.

Bottom Line The SavorOne is an excellent option for fun-loving foodies who can take advantage of the high cash back rate in dining out as well as grocery store purchases. Card details. Regular APR View All Capital One SavorOne Cash Rewards Credit Card Details. Best for flexible travel.

Capital One Venture Rewards Credit Card. Rewards rate 5 Miles 5 Miles per dollar on hotels and rental cars booked through Capital One Travel 2 Miles 2 Miles per dollar on every purchase, every day. Annual Percentage Rate: 4. Rewards Flexibility: 5. Issuer Customer Experience: 4.

Cons There are no domestic legacy airlines included in the list of airline partners. Miles transfer at less than ratio. Everyday purchases: Typically, cardholders earn a set number of miles for every dollar they spend.

Travel-related expenses: Many travel credit cards offer additional miles for expenses related to travel, like booking flights, hotels, or car rentals with the associated brand or partners. Dining programs: Some card issuers have dining reward programs that give extra miles when you dine at partner restaurants.

Promotional campaigns: Issuers often run limited-time offers where spending in certain categories or with certain partners can yield bonus miles. Cash back may be the most straightforward form of credit card rewards. Cash-back credit cards return a percentage of each purchase amount to you as a reward.

Rewards categories generally focus on everyday spending , like grocery stores, gas stations, and online purchases. Best for : Cash-back credit cards are ideal for individuals who value straightforward rewards and are looking for tangible, immediate returns on their spending.

They are especially beneficial for those who may not travel frequently and prefer a clear-cut, monetary reward over points or miles. Sign-up bonuses: Some cash-back cards offer a bonus cash reward for new users who spend a specific amount within the first few months. Everyday purchases: Cardholders earn a defined percentage back on all qualifying purchases.

Category-specific rewards: Many cash-back cards offer higher percentages for specific categories, such as groceries , gas, or dining. Rotating categories: Some cards offer higher cash-back rates on categories that change periodically, requiring cardholders to activate these categories to earn the bonus.

Shopping through issuer portals: Similar to points-based cards, some cash-back cards allow users to earn additional rewards by shopping through the issuer's online portal with partner retailers. You can choose the best rewards credit card for you with one question: "Which card benefits me the most?

Start by pinpointing the type of rewards that align with your lifestyle and aspirations. Are you aiming for straightforward cash back, or are you more interested in accumulating points or miles for unique experiences and travel?

A careful review of your monthly expenses will help you identify where you spend most. This insight can guide you to cards that reward those specific categories more generously.

Craft a concise list of potential cards, emphasizing those with higher rates and compelling introductory bonuses or welcome offers. This comparative approach ensures you'll get the most value for your spending. Don't immediately jump at the card with the highest welcome or introductory bonus.

These are fleeting, and after the dust settles you want a card that will benefit you now and in the future. Before diving into an application, check if you can pre qualify before you open an account.

It provides an early indication of your likelihood of approval without impacting your credit score. Comparing rewards credit cards or any credit card for that matter is a personal choice that depends on your unique finances and personal spending.

But you can start by considering these six major factors when weighing the options :. The one question you need to ask is "Will the benefits offset the cost? Before applying , it helps to have a good idea of how much you can expect to earn over time.

To do this, take your average spending and compare it to the rewards offered. For example, if you're researching a flat rate 1. While some rewards credit cards offer blanket points, miles, and cash back for every purchase, not all of them do. Some have tiered programs where you earn more in one category and less in another.

For example:. Welcome bonuses vary but typically keep the same stipulations. A new cardholder, upon approval, will be gifted a "bonus reward" either in miles, points, or cash back. If you fail to make your payments on time or don't spend the allotted amount during the introductory window, you forfeit the bonus.

Introductory APR offers will allow a free pass on incurring interest for any balances held during that period. They often apply to new purchases or balance transfers or both. But once the period expires you will incur interest charges for outstanding balances when your billing cycle ends.

And that is for rewards cards in general. If you're planning on paying off your balance every month, there is no need to worry about this interest rate. While some credit card companies don't divulge this information, it's an unwritten rule that some credit cards are gatekept for those who have:.

That being said, don't waste a hard credit inquiry on a card that is presumably out of your credit realm. A student with no established credit will have a much better chance of getting a student credit card or a secured credit card than The Platinum Card® from American Express see rates and fees.

This will let you know if you have a good chance of getting approved without a hard credit inquiry. Every swipe of your credit card can earn you a reward, but how much?

These are the five steps you can apply to almost any transaction:. Identify the reward rate: Check your credit card's terms and conditions. Determine the purchase amount: This would be the total amount you spent.

Consider any caps or limits: Some cards have a maximum reward limit per month or year. Ensure your calculated reward doesn't exceed this limit. Factor in bonuses: Some cards offer bonus points or cashback for reaching certain spending thresholds.

Fees of any kind , including an annual fee. There's no shortage of ways to redeem your credit card points. The Capital One SavorOne Rewards card ensures you get plenty of value out of your card right away with one of the highest earning rates on both dining and groceries for a card with no annual fee.

Plus, get you Uber One membership fees covered through November November 14, For more info on the SavorOne card check out our full review. The Chase Freedom® Rise card is a great option for students who are just starting out with managing their finances and credit. What good is a cash back card if managing it is a struggle?

For one, Discover ranked second overall in the J. Power U. Credit Card Satisfaction Study with a score of The study, which includes responses from nearly 28, credit card customers, ranks national card issuers based on six factors: benefits and services, communication, credit card terms, interaction, key moments, and rewards.

And if you accidentally miss a payment, Discover waives the fee the first time. A cash back credit card is a type of credit card that allows users to earn a percentage of their spending back in the form of cash rewards.

Depending on the card, cash back rewards can be a flat rate e. Some cards may also offer promotional periods with higher cash back percentages or bonuses for spending certain amounts within a specified timeframe.

Learn more about how cash back cards work. Yes many credit cards offer cash back, where you earn a percentage of your purchases back as a reward. Over time, these rewards add up and can be redeemed in various ways, such as a statement credit, check, or deposit into a bank account.

Learn more about maximizing cash back rewards. If you rely on credit cards to manage your expenses, using a cash back card is a smart way to earn money back on the spending you have to do anyway.

Apply and select your preferred metal Card design: classic Platinum Carr, Platinum x Kehinde Rewardss, or Platinum x Julie Mehretu. Disaster relief funding Discover it® Student Cash Back Best credit card rewards has no foreign transaction Same day fundingwhich can save you money when vard abroad rewaeds Best credit card rewards internationally. Read our Discover it® Student Cash Back review. This card offers the most comprehensive airport lounge access you can find. Best Credit Card Bonuses for New Cardholders From Our Partners. Pros It offers a terrific mix of value and flexibility since you can both choose your own bonus category and enjoy a flat rewards rate at grocery stores and wholesale clubs. You can cash them out at a rate of 1 cent each, transfer them to airline and hotel partners for free travel, or purchase travel through the Chase Travel Portal at a rate of 1.

Best credit card rewards - U.S. News' Best Rewards Credit Cards of February · United Gateway℠ Card · Discover it® Cash Back · Chase Freedom Unlimited® · Chase Sapphire Preferred® Our top recommendations for the best rewards credit card · Best for beginners: Chase Sapphire Preferred® Card · Chase Sapphire Preferred® Card · Chase Sapphire Best Rewards Credit Cards · Chase Sapphire Preferred® Card: Best for Earning Ultimate Rewards · Capital One Venture X Rewards Credit Card: Best Wells Fargo Active Cash® Card: Best for $ cash rewards bonus ; Chase Sapphire Preferred® Card: Best for Chase Ultimate Rewards® points ; U.S

Read our full review of the Wells Fargo Active Cash. The Blue Cash Everyday card is a good option for people who want a simple cash back structure with no annual fee.

supermarkets and U. gas stations. Read our full review of the Blue Cash Everyday Card from American Express. This is one of the most popular beginner travel rewards cards out there. This card is an ideal choice for someone who takes a few trips a year and wants to maximize their earning on travel and dining purchases.

It usually has a pretty solid sign-up bonus, with points that can be transferred to some of my favorite loyalty programs, like British Airways Executive Club and World of Hyatt. The strong earn rate on dining and travel as well as streaming services makes it a good choice for a millennial like me.

Finally, I like using this card when renting cars, as it provides primary car insurance and a little more piece of mind. The main attraction of this card is its flat earning structure of 2 miles per dollar spent on all purchases.

This card is suited to travelers who take a few trips a year and want a simple miles-earning structure with the potential to maximize their rewards. I use it to earn 2 miles per dollar on the purchases that fall outside my other cards' bonus categories.

The main competitor to this card is the Chase Sapphire Preferred Card , which earns more points on dining, streaming and online grocery purchases. However, it earns half the rate of the Venture Rewards on everyday purchases and does not include any lounge passes.

This card offers the best lounge access options of any premium travel rewards card and a high earn rate on airfare. This card is ideal for frequent travelers who spend a lot on airfare purchases and want access to a wide range of lounges along with a large number of lifestyle perks.

The lounge access options that come with the Platinum are unrivaled by competitors. And, honestly, pulling a Platinum card out of your wallet to pay for something does feel pretty fancy.

Terms, conditions and limitations apply. Visit americanexpress. Policies are underwritten by New Hampshire Insurance Company, an AIG Company. However, the Amex Platinum has better lounge access options. This is the best card for those looking to earn bonus points at U.

supermarkets and restaurants. This card is a great addition to the wallets of those who want to earn a lot of points when dining out and grocery shopping.

This is one of the best value premium travel rewards cards out there. This card is suited to frequent travelers who want lounge access and transferable miles for maximum-value travel redemptions. Cardholders enjoy a Priority Pass Select membership. I use my Venture X to earn 2 miles per dollar a 3.

Chase Ultimate Rewards points are worth slightly more than Capital One miles. Plus, it earns valuable Ultimate Rewards points on a variety of business expenses. This card is geared toward small-business owners who want to maximize points-earning on business expenses.

But, over the last year, I've found myself making it my go-to card when booking travel. After all, the Ink Business Preferred earns 3 points per dollar spent on travel and provides excellent travel protections, including trip delay protection and rental car insurance.

restaurants, and U. gas station purchases. The Citi Premier offers bonus earnings on a variety of everyday spending. This is one of the best business cards with no annual fee because it earns 1. The first two cards maximize my points-earning on things like office supply, internet and phone purchases, while the Ink Unlimited covers everything else with a flat 1.

The fact that I have the Ink Preferred means I can convert my cash back from the Ink Unlimited into more valuable Chase Ultimate Rewards points. This no-annual-fee card will stay in my wallet for years to come. The Blue Business® Plus Credit Card from American Express is the only no-annual-fee see rates and fees business credit card that can potentially be more valuable.

This is a lucrative cash-back card for those who spend a lot on groceries, gas, transit and streaming. This card is best suited to someone looking for a lot of cash back on groceries, gas, transit and streaming.

Compared to the 1. One of the simplest and most rewarding cash-back cards out there is the Citi Double Cash Card. You can even convert the cash back to ThankYou points via a linked ThankYou card, such as the Citi Prestige® Card or Citi Premier® Card see rates and fees.

The information for the Citi Prestige has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer. Paired with my other Citi cards, it unlocks huge earning potential on everyday spending.

But perhaps even better is that the Chase Freedom Unlimited can be paired with a premium Chase credit card, such as the Chase Sapphire Preferred Card or Chase Sapphire Reserve, to amp up the value of the rewards when used for travel.

In fact, it makes up one-third of what we call the Chase Trifecta. This makes it a good match for almost anyone, but especially for those who want to one day use some of their rewards for travel. It has solid bonus categories but also gives 1.

And, if you have a higher-end Chase card, you can effectively convert these cash-back earnings into fully transferable Ultimate Rewards points. The Bank of America Travel Rewards card operates similarly to the Capital One Venture Rewards Credit Card. I use this card for travel purchases where I need to pay in cash, then I can reimburse myself with the points.

The Wells Fargo Autograph is a great no-annual-fee card that offers quality earning categories and travel and shopping protection. Travel card beginners who are looking to get into points earning should consider the Wells Fargo Autograph, which offers a welcome bonus, 3 points per dollar on a variety of everyday spending categories and cellphone protection.

This card earns excellent cash back on meals, groceries and entertainment without having to pay an annual fee see rates and fees. Additionally, if you also have a card like the Capital One Venture Rewards Credit Card or Capital One Venture X Rewards Credit Card, you can transfer your cash-back rewards from the SavorOne into fully transferable miles.

This is a good starter card for enthusiastic foodies, avid streamers and regular concertgoers — especially for international travelers, since the card has no foreign transaction fees see rates and fees. S see rates and fees. Not to mention, it has an earning structure that can add up quickly for those who travel frequently.

If you want to be rewarded for travel spending with American Express Travel and want extra comfort on your trips, this card provides both. And that's even without using some of them.

By using the benefits with Priority Pass and Amex lounges, the airline incidental credits, plus the statement credits for Clear, our cellphone plan and restocking my home printer with ink and paper from Dell, I get more value out of the card than it costs to keep it.

Plus, it earns my favorite points — American Express Membership Rewards — earning 5 points per dollar spent on flights and hotels booked with Amex Travel.

If you have a business banking relationship with Capital One, consider the Capital One Venture X Business Card. It comes with a lower annual fee and access to Priority Pass lounges and Capital One Lounges.

Additionally, it earns at least 2 Capital One miles per dollar spent on all purchases. The card features a simple earning strategy, includes cellphone protection and has no annual fee.

It was a no brainer for me! New credit card users who are looking to earn cash back but want the option to transfer their cash back into travel points should consider the Citi Double Cash® Card see rates and fees.

It features a similar simple earning strategy as the Wells Fargo Active Cash but when combined with select Citi cards, the cash back can be transferred into Citi ThankYou points. This is a great card if you want to bonus cash back on groceries, gas and online shopping with no annual fee see rates and fees.

Rewards are easily redeemed at a fixed rate, eliminating guesswork on whether you're getting good value from your earnings. This is a solid cash-back card for many, especially students and credit card beginners with low monthly budgets.

If groceries, gas and online shopping are among your largest spending categories, this is a great starter card to help you dip your toes into the world of credit card rewards. If you want higher earning rates on a similar card, the Blue Cash Preferred® Card from American Express may be a better choice.

Choosing the best rewards credit card and then maximizing the rewards you earn will vary depending on your personal goal s. Thankfully, whether your goal is cash back to offset everyday expenses or points and miles that can fund your next trip, there is a card that will fit your reward strategy.

Then, you can narrow down your choices and begin looking for the best cards for your wallet. For example, if your largest spend category is dining and you are looking to earn points and miles for flights or hotels, you should consider a travel credit card that offers bonus rewards at restaurants.

How you redeem your rewards is a critical part of your reward strategy and can further increase the value of the points. Cash-back earnings typically offer a percentage of the spending back in the form of statement credits or gift cards.

Meanwhile, most travel cards allow you to earn points or miles for your spending. There are some programs — like Chase Ultimate Rewards — that allow you to pool all of your points or miles in a single account.

This allows you to effectively convert your cash-back earnings into much more flexible travel rewards. Rewards credit cards are credit cards that earn rewards, typically in the form of points, miles or cash back, on your spending that is charged to the card. There are a wide variety of rewards credit cards with an array of annual fee price points that offer all sorts of rewards currencies in various amounts on different spending categories.

There are a variety of rewards credit cards geared toward different spending categories. All of the cards listed below earn some type of rewards, but the rewards differ from card to card.

Rewards cards that earn transferable points and miles are highly valued because of their redemption flexibility. This is the most straightforward type of reward.

With a cash-back rewards card, you will earn a percentage back on each purchase that you make with the card. This reward can be redeemed for cash via a statement credit, check, etc.

The card also offers a higher rate of cash back on U. streaming subscriptions, on transit and at U. Cash back is received in the form of reward dollars that can be redeemed as a statement credit or at Amazon. com checkout. Hybrid cards are a newer type of rewards credit card.

These cards earn cash back when used alone but can be paired with other cards to convert those cash-back rewards to more valuable points.

A prime example of the type of card that can earn hybrid rewards is the Chase Freedom Unlimited. If you are a frequent traveler with a specific hotel brand or airline, a rewards card aligned with its loyalty program may be a good fit for you.

Most of the time, these cards also come with brand-specific benefits like complimentary elite status for hotel cards or priority boarding and waived fees for checked baggage for airline cards. Once you have decided on your rewards credit card and earned the welcome bonus, it is time to see what you can do with those credit card rewards.

How you should redeem your rewards will depend on the type of your rewards card and your goals. Cards that earn transferable points can provide the most valuable rewards but can also be the most difficult to utilize when learning how to redeem rewards for maximum value.

TPG also has redemption guides to help get you started with most of the main loyalty programs. Some travels are better booked with cash or with cashlike equivalent rewards. Cash-back cards offer the easiest redemption option, as it is typically a cash amount that can either be redeemed on your statement balance or directly deposited into your account.

The value of a point or mile varies widely across the many travel brands out there. TPG uses a combination of the cash cost of a mile, the average cost of awards in a given program, and our own expertise from decades of earning and redeeming rewards to determine the value of a point or mile.

There are many credit card rewards programs available, but major players in the rewards credit card space are American Express, Capital One, Chase, Citi, Wells Fargo and Bank of America.

Chase Ultimate Rewards is one of the top rewards programs for good reason. TPG values these points at an average of 2 cents each when used with travel partners such as United Airlines and Hyatt. You can also use the points at a fixed value at a rate that depends on which Chase cards you hold to book travel via the Ultimate Rewards travel portal.

Another top rewards program is American Express Membership Rewards , where points are also valued at 2 cents each when used with travel partners.

Amex has the most extensive network of airline and hotel transfer partners — 22 — of the top issuer programs, and you can sometimes find transfer bonuses available for some of these partners. There are some great transfer partners available through Citi ThankYou, including Avianca LifeMiles, Etihad Guest and Virgin Atlantic Flying Club.

The information for the Capital One Spark Miles Select for Business has been collected independently by The Points Guy. Not all rewards cards require transfer partners.

A great cash-back rewards card is a great wallet addition for people who want to keep their rewards simple but still be rewarded for everyday spending.

When you charge a purchase with a rewards credit card, you will earn rewards on your spending. You can then redeem those rewards for options such as travel, statement credits, gift cards, etc. Reward redemption options vary based on the type of rewards credit card you have.

Cash-back rewards can be redeemed via options such as a statement credit, direct deposit to your account, check, etc. Points and miles rewards are typically redeemed for flights or hotels.

Other redemption options, such as gift cards and merchandise, also exist but redeeming for travel is often the way to get maximum value out of travel-focused rewards cards. The best credit card for rewards will depend on you, your spending habits and rewards strategy. Some cards offer great cash back on grocery store purchases, while others offer bonuses for travel.

There is no rewards credit card that will be the best fit for everything. The one that will result in the best value for your goals and your spending patterns is the best rewards credit card for your wallet. Typically, the answer is no. However, bonuses you may earn outside of your own spending such as referring friends to the card may be considered taxable.

Yes, for most people. If you have a good credit score and pay off your balance every month, a rewards credit card is a great addition to your wallet. You can earn points and miles or cash back on everyday purchases you were going to make anyway. Generally, credit card rewards do not expire as long as your card is open and in good standing.

It is still good practice to check the terms and conditions of your specific rewards credit card to see if your rewards can expire. And if you ever plan to close an account, make sure to utilize all of your rewards before closing the card. The rewards credit card world can be confusing with rotating rewards, bonus categories and points and miles transfers.

Which is what makes fixed-rate rewards credit cards so valuable. With a f ixed-rate rewards credit card , you can earn flat rewards rates on all purchases without the need to track rotating categories or activate certain offers on a monthly or quarterly basis.

With this streamlined method, you can earn rewards on every purchase while maintaining an easy and straightforward reward-earning process. Many credit cards offer a bonus category , which is a spending category that earns elevated reward rates.

For example, the Amex Platinum has airfare as a bonus category and earns 5 points per dollar spent on flights booked directly with an airline or via Amex Travel. All other purchases, like dining or online shopping, earn just 1 point per dollar. Skip to content. Advertiser disclosure. Credit Cards.

By Matt Moffitt. Matt Moffitt Senior credit cards editor. Matt Moffitt is TPG's senior credit cards editor and an expert in getting the most out of credit cards and points. He has at least 25 cards in his wallet at any given time.

Originally from Sydney, he won the green card lottery and has been based in Austin since and Christina Ly. Christina Ly Credit Cards Writer. Christina Ly is a writer at TPG. She has covered credit cards and personal finance topics since joining the team in Edited by Summer Hull.

Summer Hull Director of Content. Summer Hull has been covering and using travel tips, rewards credit cards and loyalty programs for over a decade. She has flown close to a million miles, often on points and miles and with her family in tow.

Reviewed by Stanley Sanford. Stanley Sanford Senior Compliance Associate. Senior compliance associate Stanley Sanford has years of compliance experience in the credit card industry dating back to He's reviewed content for several reputable sites, including CreditCards.

com, Bankrate, CNET. and even thepointsguy. com before leading the compliance team for The Points Guy full time in early Updated Feb. At The Points Guy, our goal is to help you maximize your travel experiences while minimizing spending.

Our travel and credit cards experts share their own experiences and give honest analyses to help you make decisions that benefit you the most. While we do receive compensation through our credit card application links, ads, and clearly indicated sponsored content, our editorial content , points valuations and card analysis are entirely our own.

Chase Sapphire Preferred® Card : Best for beginner travelers. Capital One Venture Rewards Credit Card : Best for airline rewards.

The Platinum Card® from American Express : Best for luxury benefits. American Express® Gold Card : Best for dining rewards at restaurants.

Capital One Venture X Rewards Credit Card : Best for airline rewards. Ink Business Preferred® Credit Card : Best for maximizing business purchases. Citi Premier® Card : Best for starter travel.

Ink Business Unlimited® Credit Card : Best for freelancers. Blue Cash Preferred® Card from American Express : Best for U. streaming rewards. Citi Double Cash® Card : Best for no-frills cash-back rewards.

Chase Freedom Unlimited® : Best for bonus categories. Bank of America® Travel Rewards credit card : Best for travel rewards beginners. Capital One SavorOne Cash Rewards Credit Card : Best for entertainment rewards. The Business Platinum Card® from American Express : Best for travel perks.

Wells Fargo Active Cash® Card : Best for flat-rate earning. Blue Cash Everyday® Card from American Express : Best for cash back beginners.

Browse by card categories Cash Back. Best Overall. Everyday Spending. Best for beginner travelers. Chase Sapphire Preferred® Card. Compare this card.

Apply now. at Chase's secure site. Rewards rate 5x 5x on travel purchased through Chase Ultimate Rewards® 3x 3x on dining. Annual Fee. Regular APR. Recommended Credit Open Credit score description Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Why We Chose It The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit cards on the market. VIEW MORE.

Member FDIC. Best for airline rewards. Capital One Venture Rewards Credit Card. at Capital One's secure site. Rewards rate 5 Miles 5 Miles per dollar on hotels and rental cars booked through Capital One Travel 2 Miles 2 Miles per dollar on every purchase, every day.

Why We Chose It When it comes to simplicity and strong rewards, the Capital One Venture Rewards Credit Card is a solid choice for most travelers. Cons A couple of partners' transfer ratios are mediocre at a less than ratio. Capital One airline partners do not include any large U. Best for luxury benefits.

The Platinum Card® from American Express. at American Express's secure site. Why We Chose It The Amex Platinum is unmatched when it comes to travel perks and benefits. Pros The current welcome offer on this card is quite lucrative. The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway.

Seldom travelers may not get enough value to warrant the cost. The annual airline fee credit and other statement credits can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards.

Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. The Hotel Collection requires a minimum two-night stay. Enrollment required. Plus Up Benefits are excluded. Uber Cash and Uber VIP status is available to Basic Card Member only.

Learn more. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost. com on your Platinum Card®. Must charge full price of bike in one transaction.

Shipping available in the contiguous U. Enrollment Required. Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile. Terms Apply. Best for dining rewards at restaurants. American Express® Gold Card.

Rewards rate 4X Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U. Pros 4 points per dollar on dining at restaurants and U. The Citi Double Cash offers one of the best rewards rates for a credit card without an annual fee. In addition to its strong rewards, it provides a good amount of time to pay down a transferred balance from another credit card.

However, the spending threshold for its welcome bonus is higher than many of its top competitors. Learn more in our Citi Double Cash Card review. With a handful of rewards categories, this card can net you a good yield across your spending.

Its welcome bonus has a great payout compared to its spending requirement too. You can read more about it in our Chase Freedom Unlimited review. The Amex Gold Card is best for cooks and restaurant aficionados who love to travel.

That said, the Gold Card does offer a sizable welcome offer and a few annual statement credits to help partially offset that annual fee. For example, redeeming points for statement credits will net you 0. You can learn more in our American Express Gold Card review.

Read more : Best Restaurant Credit Cards. Please refer to your Guide to Benefits for more details. You can learn more in our Discover it Cash Back review. It offers rewards for an impressive spread of purchases, including restaurants, travel, popular streaming services, gas stations and phone plans.

Read more about it in our Wells Fargo Autograph review. Both paths could yield more than your average rewards redemption rate. But because of the high cost, this card should be considered only by travelers who can use everything it has to offer. Learn more in our Chase Sapphire Reserve review.

The Citi Custom Cash card offers more rewards flexibility than most credit cards, combined with one of the best cash-back rates for a credit card with no annual fee.

Eligible categories include restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs and live entertainment.

You can learn more in our Citi Custom Cash Card review. You could even use it as a travel card, thanks to its lack of foreign transaction fees.

You can read all the details in our Quicksilver Cash Rewards card review. Best suited to Delta flyers who travel at least a few times a year, the Delta SkyMiles Gold offers dining rewards and flight amenities.

Their primary use is to book airfare, so other forms of redemption may not provide the best return. That means you can earn rewards for your purchases and then pay off the balance while it accrues no interest, or use a balance transfer to get rid of some existing credit card debt. You earn 3x points at gas stations, restaurants, supermarkets, air travel and other hotels, and 1x points on all other purchases.

But you need to be careful in redeeming these rewards, as there are other ways to redeem your rewards that may net a lesser value. Check out the details in our full review of the Citi Premier Card. All in all, there is plenty of value to be had here for travelers who can use everything the card has to offer.

You can learn more about it in our Capital One Venture X card review. It provides good rewards and even a handful of perks. You can find out more information in our Capital One VentureOne Rewards review. The Blue Cash Everyday® Card from American Express offers particularly high cash-back rates across several major spending categories, especially for a card with no annual fee.

For groceries at U. supermarkets, clothes shopping at U. online retailers and gas at U. Besides the rewards, this card also offers a very competitive welcome offer and an introductory APR on purchases and balance transfers that can help spare you from interest charges. For more details, see our full review of the Blue Cash Everyday card.

A rewards credit card offers a return on the purchases you make in points, cash back or miles. You can then turn those rewards into statement credits, which will lower the overall balance of your credit account, or as direct deposits, which will increase your bank account balance.

There are other ways to redeem rewards, such as for travel or toward future purchases, depending on the card. The primary use for a rewards card is to provide a return for purchases you make regularly.

Finance a large, planned purchase with an introductory APR offer. Interest charges could wipe away your rewards if you carry a balance.

If you dine out often, for instance, a restaurant card that earns higher rewards for dining purchases might suit you best, like the American Express® Gold Card.

Also consider how you can redeem your rewards. Most rewards cards offer statement credits, but there could be other ways to redeem your rewards that will be more lucrative.

For example, you can often get more value from each point by leveraging different travel partners. Consider Capital One cards -- rather than cashing out your Capital One points as a statement credit, for example, you could transfer 35, Capital One points to Avianca LifeMiles and book a business class flight from New York City to Portugal with those points.

Travel rewards credit cards provide a way to turn your rewards -- usually earned as points or miles -- into trips. They also tend to offer a number of travel-centric perks ranging from expedited airport security, airport lounge access or waiving checked bag fees.

The Capital One Venture X Rewards Credit Card is an example of a travel credit card. Cash-back credit cards offer a straightforward return on your spending.

They usually have fewer redemption options and lower welcome bonuses but offer a simple approach to credit card rewards. The cash back can be transferred to your bank account or applied to your credit card balance.

The Citi Double Cash ® Card is one example. With the sheer number of credit cards available, it may be intimidating for people to get into. Another way to ensure you get a good value from your card is to use your rewards correctly. Another tip from credit expert Shonda Martin: Avoid retail credit cards -- or store credit cards -- like the plague.

Cards like the Citi Premier and American Express Gold Card can reward you for those purchase types. Credit card expert Gerri Detweiler agrees. While getting the highest value from rewards may take a little bit of work and time.

you can also keep it simple, Detweiler said. Just be wary of the annual percentage rate on your rewards credit card, said credit expert Beverly Harzog. But you have to be organized. The best way to maximize your rewards is to use your card to earn points on everyday expenses and then redeem your rewards in the way that provides the greatest per-point value.

In the case of travel credit cards, you could find the highest redemption value for past travel expenses or by transferring rewards to loyalty programs. For example, one quarter may include gas stations in the higher reward category and another quarter might include grocery stores.

Rewards credit cards can be great for earning a return on your spending. Similarly, a travel rewards credit card can be a great way to save time and money if you travel frequently. Remember, if you carry a balance from month to month or miss payments, fees and interest charges could quickly wipe out any rewards you may earn.

The best strategy is to treat your credit card as a debit card. We pick the Wells Fargo Active Cash® Card as the best rewards card thanks to its simple yet lucrative rewards program, lack of annual fee, useful card features and easy-to-earn welcome offer. Credit card rewards earned from spending -- whether the cash back you earn from regular purchases or a sign-up bonus you receive for meeting a spending threshold -- are generally not taxable income , as the IRS considers such rewards to be a rebate of your own money.

However, if you receive credit card rewards without having to spend money -- such as a referral bonus for referring a friend -- those rewards may be taxable.

Some credit card rewards do expire -- whether after a certain amount of time has elapsed since earning the points, after a period of account inactivity, or when you close your account. You can find out if yours will by reading the terms and conditions that come with your card.

Some issuers let you combine points across multiple credit cards in the same family, or brand, of credit cards. Amex, Citi and Capital One have similar systems. Not every credit card will let you combine points across cards, however, even if the issuer has other cards with transferable points.

Most issuers let you redeem cash back at 1 cent per point. While cash back is a more accessible concept, cash back and points both have their strengths and weaknesses. While cash back can be more universally applicable, points are often worth more in value than their cash-back equivalents.

Depending on your shopping preferences and plans, you may find points or cash back to be more valuable to you. CNET reviews credit cards by exhaustively comparing them across set criteria developed for each major category, including cash-back, welcome bonus, travel rewards and balance transfer.

For rates and fees of the Blue Cash Everyday Card from American Express, click here. For rates and fees of the Blue Cash Preferred Card from American Express, click here. For rates and fees of the American Express Gold Card, click here. For rates and fees of the Delta SkyMiles Gold American Express Card, click here.

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

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Back to Main Menu Home Equity. Back to Main Menu Mortgages. Back to Main Menu Loans. Back to Main Menu Insurance. Back to Main Menu Personal Finance. Table of Contents In this article Jump to. Best rewards credit cards What is a rewards credit card? Pros and cons of a rewards credit card How to choose the best rewards credit card Types of rewards credit cards What experts are saying about rewards credit cards How to get the most out of your credit card rewards Is a rewards credit card right for you?

Alternatives to rewards credit cards How to apply for a rewards card FAQs Other credit cards we tested Our methodology. How we rate credit cards. Advertiser Disclosure. Advertiser Disclosure CNET editors independently choose every product and service we cover.

Money Credit Cards. Written by Evan Zimmer Evan Zimmer Staff Writer. Courtney Johnston Courtney Johnston Editor. Edited by Jaclyn DeJohn Jaclyn DeJohn Editor.

Reviewed by Julia Menez Julia Menez Credit card expert and host of the Geobreeze Travel Podcast. Updated Feb. Written by Evan Zimmer, Evan Zimmer Staff Writer. CNET'S PICK. CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market.

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