Savvy shoppers get rewarded for spending. Is your credit card rewarding you?
Whether you are seeking travel rewards or cash back, the right credit card can mean big savings. Consumers can even rack up credit card rewards when shopping for everyday necessities, such as gas and groceries.
When weighing the best offers in credit card rewards, it helps to define the way you will be using the card. Will you be carrying a balance or paying it off every month? How frequently do you anticipate using the credit card? Is the rewards credit card deemed for specific purposes, such as fuel expenses, travel or exclusive online purchases?
If you are shopping for a credit card that offers rewards that are useful to you, here is a list of some of the most beneficial rewards credit cards on the market.
Best Rewards Credit Cards:
For Amazon Prime members only, this card will earn its keep if you are hooked on Amazon shopping.The card comes with no annual fee, no foreign transaction fees and plenty of financial incentives. Earn five percent back on each $1 of eligible purchases at Amazon.com. Earn two percent back on purchases at restaurants, gas stations, and drugstores.
All other purchases qualify for one percent back, and the points are automatically available for use at checkout on your Amazon account. Every 100 points are equivalent to $1 towards your Amazon purchase.
If you want to setup a direct deposit, a balance of 2,000 points or more can also be redeemed as cash. You can also cash in points in exchange for travel, gift cards, products, and services. If your account is in good standing, the reward points will not expire. As a bonus, you will receive an instant $70 credit on your Amazon.com account upon credit card approval.
For those with average credit, the Capital One QuicksilverOne Cash Rewards Credit Card boasts unlimited rewards, meaning no limits on the one and a half percent cash back on all purchases. The rewards do not expire and cash back earnings do not have to reach a minimum amount to be redeemed.
The card comes with no annual fee and a zero percent intro APR for nine months. You could receive a credit limit increase by making on-time payments for the first five months.
This rewards credit card welcomes members with a bonus of 40,000 miles, upon spending $3,000 on purchases within the first three months of credit approval. The unlimited rewards rate is twice the miles per dollar on every purchase.