There are so many rewards credit cards on offer. This makes it difficult to pick which ones that might work for you. It all depends on your spending patterns.
One thing to remember is that if you carry a balance, a rewards credit card won’t work. This is because they have high interest rates which will offset the point you make.
So, here 3 best rewards credit cards on offer for those with a credit score of 750 and above:
1: Chase Freedom
This card offers rewards in several categories. Some of these categories include gas purchases, seasonal and holiday spending. You can earn 5% during the holiday season and top rewards when using Amazon. The interest rate is 0% for 15 months and then 13.99% to 22.99% after that. There is no annual fee and the annual rebate is $330. You can also activate 5% cash back for up to $1500 in a given category.
2: Citi Double Cash
Even if it’s a new card, it offers some of the best cash-back rewards. The interest rate is 0% for 15 months and 12.99% to 22.99% thereafter. There is no annual fee while the annual rebate is $440. You earn 2% for every transaction made. Finally, once you have $25 in cash back, you can add it to your Citibank account.
3: Chase Sapphire Preferred
This card suits frequent travelers. The interest rate is 15.99% and the annual fee is $95. You get a sign-up bonus of 40000 points if you spend $4000 in the first 4 months. The annual rebate is about $371 in value. You have two options: first, transfer the points to other frequent traveler programs. Second, use the Chase Ultimate Rewards shopping portal.