Got Stellar Credit? These Credit Cards Are For You
As reward credit cards continue to gain traction among consumers, banks are continually competing against one another for customers. In this case, consumers win – especially those with excellent credit ratings. The following cards offer exceptional rewards packages to those who have maintained excellent credit, especially in the areas of travel and cash back on purchases.
The Capital One Venture Rewards Card offers cardholders a 40,000 mile sign-up bonus for spending at least $3,000 in the first three months – equivalent to about $400 in free travel. Additionally, card users earn two miles for every dollar spent. Miles never expire, and there is a no fee for foreign transactions for users who spend on the card while traveling.
The BankAmericard Travel Rewards Card will earn cardholders 1.5 points for every dollar spent. Consumers who spend at least $1,000 on the card in the first 90 days are treated to a 20,000-point bonus, and points can be redeemed for any travel-related purchase. There is no annual fee, and no foreign transaction fees.
The Citi Double Cash Card gives cardholders cash back not once, but twice. Consumers earn 1 percent back on any purchase, plus an additional 1 percent back on any payment made. There are no limits on the amount of cash back earned in a calendar year, and new cardholders will also get a zero percent APR for a full 18 months.
The AmEx EveryDay Card is geared toward those who prefer cash back for grocery shopping. Two points are awarded for every dollar spent on groceries, and one point is awarded for every dollar spent on non-grocery purchases. Unique to this card is the ability to earn an additional 20 percent points bonus for reaching at least 20 transactions in any given billing cycle.
As always, it’s important to read over all the contract and reward terms prior to opening any new credit card account.
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