Rewards credit cards are great because you can earn cash, points, miles, and other benefits just from doing your regular spending. There are many different rewards credit cards out there, so be sure to keep reading to learn which one is the best option for you.
Check out our list of the best credit card bonuses here.
Table of Contents
Types of Rewards
Some credit cards allow you to earn a certain percentage back on every purchase you make, which you can redeem later for cash back. Cards that allow you to earn cash back are great because they are more flexible than earning miles or points and the value doesn’t vary.
Transferable points can be converted for maximum value to partner loyalty programs. In general, because of its redemption versatility, this form of reward holds the most appeal.
A new form of compensation has gained momentum in recent years. These hybrid cards gain money back, but when combined with other cards of the same family, you can also turn their cash rewards into more valuable point currencies.
You can earn points or miles through certain loyalty programs, usually through an airline or hotel. They also come with brand-specific advantages, such as free checked bags (airline cards) and elite status (hotel cards) for free.
The currencies of loyalty programs are not as versatile as transferable points, but can hold a lot of value. Check out a list of our favorite airline rewards credit cards. Furthermore, find a list of our best hotel credit cards.
What We Considered
These factors were taken into account when we made this list of best rewards credit cards.
- Welcome bonus
- Earning potential
- Annual fees
- Point values
- Rewards flexibility
- Rewards simplicity
- Additional benefits
- Transfer partners
- Rates & fees
The Best Rewards Credit Cards
The Chase Sapphire Preferred Card offers 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards.
You'll earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1X point per dollar spent on all other purchases.. And when you redeem your points for travel through Chase Ultimate Rewards, you'll get 25% more value!
You get unlimited deliveries with a $0 delivery fee & reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
This card carries a $95 annual fee.
The Capital One Venture Rewards Credit Card offers 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months.
You're able to earn 2X miles on every purchase, every day.
This card does come with a $95 annual fee. Enjoy no foreign transaction fees and receive up to $100 application fee credit for Global Entry or TSA Pre✔®.
The Platinum Card® from American Express offers 75,000 Membership Rewards Points after you spend $5,000 on purchases on your new Card in your first 6 months of Card Membership.
• 10X points on eligible purchases on your new Card at U.S. Gas Stations and U.S. Supermarkets, on up to $15,000 in combined purchases, during your first 6 months of Card Membership. That's an additional 9 points on top of the 1 point you earn for these purchases.
• 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel. Starting January 1, 2021, earn 5X points on up to $500,000 on these purchases per calendar year.
• 5X Membership Rewards Points on prepaid hotels booked on amextravel.com.
This card comes with an annual fee of $550 (See Rates & Fees), but you cardholders can enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member and Additional Centurion Cards only.
Plus, up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card® & receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts.
The Blue Cash Preferred® Card from American Express offers 20% back on Amazon.com purchases on the Card within the first 6 months of Card Membership, up to $200 back. Plus, earn $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive cash back in the form of statement credits.
You'll earn 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases. In addition, you'll earn 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses & more.
The card does come with a $0 introductory annual fee for one year, then $95. (See Rates & Fees)
The American Express® Gold Card offers 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
You'll have the opportunity to earn:
• 4X Membership Rewards Points on Restaurants, including takeout and delivery, plus, earn 4X points for Uber Eats purchases too.
• 4X Membership Rewards points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
This card has an annual fee of $250 with no foreign transaction fees (See Rates & Fees). Some benefits including earning up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. In addition, a $100 Airline Fee Credit: up to $100 in statement credits per calendar year for incidental fees at one selected qualifying airline. You'll also get $120 Uber Cash: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
The Capital One Savor Cash Rewards Credit Card offers a one-time $300 cash bonus after spending $3000 on purchases within the first 3 months from account opening.
You'll earn an unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Capital One cardholders get access to premium experiences in dining, entertainment and more.
This card does carry a $95 annual fee, however, there is a $0 intro annual fee for the first year.
The Citi® Double Cash Card offers you the chance to earn cash back twice. Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time.
Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will apply based on your creditworthiness. Balance Transfers do not earn cash back.
This card comes with no annual fee.
The Discover it Cash Back Card is the best card for bonus category cash rewards.
With the Capital One QuicksilverOne Cash Rewards Credit Card, you can enjoy:
Earning unlimited 1.5% cash back on every purchase, every day - and earn cash rewards without signing up for any rotating categories.
With responsible use, you can help strengthen your credit and be automatically considered for a higher credit line in as little as 6 months.
You'll be able to monitor your credit profile with the free CreditWise® app and enjoy $0 fraud liability if your card is ever lost or stolen.
This card comes with a $39 annual fee.
- The Best Hotel Credit Cards For Travel Benefits + Rewards
- The Best Travel Credit Cards: Rewards and Benefits
- Best Credit Cards For Restaurant Purchases
- Best Credit Cards for Supermarket & Grocery Store Purchases
- No Foreign Transaction Fee Credit Cards
The right card for you might not be the right one for someone else. It all depends on your spending patterns and financial goals. A travel credit card is great if you want to earn free flights and hotels. On the other hand, you should opt for a cashback card if you want to save money on everyday purchases.
For more credit cards, see our latest list of the best credit card bonuses!
|Chase Business Complete BankingSM||$300 Cash||Review|
|HSBC Premier Checking Member FDIC||$450 Cash||Review|
|HSBC Premier Checking Member FDIC||Up To $600||Review|
|Citi Priority Account Package||$700 Cash|
With required activities.
|Huntington 25 Checking||$300 Cash||Review|
|Huntington Bank Unlimited Plus Business Checking||$750 Cash||Review|
|Huntington Bank Unlimited Business Checking||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|
|TD Bank Beyond CheckingSM||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$150 Cash||Review|
|Discover Bank Cashback Debit||$360 Debit Cashback||Review|
|Wells Fargo Everyday Checking||$200 Cash||Review|
|Axos Bank Basic Business Checking||$100 Cash||Review|
|Aspiration Spend & Save||$150 Cash||Review|