As consumers increasingly opt for cashless transactions, rewards credit cards have surged in popularity. They offer a range of benefits, including cash-back, travel rewards, and points that can be redeemed for merchandise or services. However, with so many options available, choosing the right card can be overwhelming. This article will focus on six popular rewards credit cards in the U.S., offering a brief overview of their benefits.
Chase Sapphire Reserve
Chase Sapphire Reserve has become a favorite among travel enthusiasts. Cardholders earn three points per dollar spent on travel and dining worldwide, and one point per dollar on other purchases. These points can be redeemed for travel through Chase's Ultimate Rewards portal at a rate of 1.5 cents per point, giving this card a high rewards rate. Additionally, holders are privy to a $300 annual travel credit and a variety of luxury travel benefits.
American Express Gold Card
The American Express Gold Card offers lucrative rewards for foodies. Cardholders earn four points per dollar at restaurants, including takeout and delivery in the U.S., and at U.S. supermarkets (on up to $25,000 per year), three points on flights booked directly with airlines or on amextravel.com, and one point on other purchases. The card also provides up to $120 in dining credits each year at participating partners.
Citi Double Cash Card
The Citi Double Cash Card is a top-tier cash-back card. It offers an uncomplicated rewards structure, with cardholders earning 2% cash back on all purchases: 1% when they buy, and 1% as they pay off those purchases. This card is a great choice for those looking for simplicity and a solid return on all spending.
Capital One Venture Rewards Credit Card
For travelers looking for flexible rewards, the Capital One Venture Rewards Credit Card is an excellent option. Cardholders earn two miles for every dollar spent on all purchases. These miles can be redeemed for travel expenses, giving cardholders the freedom to book travel the way they want.
Discover it Cash Back
Featuring rotating categories, the Discover it Cash Back card offers 5% cash back at different places each quarter like grocery stores, restaurants, gas stations, and online shopping, up to the quarterly maximum when you activate. All other purchases earn 1% cash back. The card also features a unique bonus - Discover will match all the cash back earned at the end of the first year for new cardmembers.
Blue Cash Preferred Card from American Express
The Blue Cash Preferred Card from American Express is a top pick for families. It offers 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations and on transit, and 1% cash back on other purchases.