The 10 Favorite Rewards Cards for People Who are Smart About Credit

child with credit card

Chase Sapphire Preferred Card

If you love to travel and have been smart with your credit, this might be the reward card for you. It does have a $95 annual fee but Chase waves the fee the first year. The regular APR for the card sits between 16 and above 23 percent. With the card you receive 50,000 bonus points after spending $4,000 in the first three months. This is worth $625 towards travel. You receive two times the points on travel and dining with one point per dollar on all other purchases. It doesn’t have a foreign transaction fee, plus you receive excellent travel protection benefits. If that isn’t enough, it comes in a nice, sleek metal card design.

Blue Cash Preferred Card from American Express

American Express is known for having some of the best customer service of any company in the credit industry. It also has some of the top reward cards. With the Blue Cash Preferred Card you will pay a $95 annual fee with a regular APR of 13 to over 23 percent. However, the card gives you $150 cash back after spending $1,000 in the first three months. With the card you earn six percent cash back at supermarkets up to $6,000 annually (you’ll be hard pressed to find anything higher than that in any other card on the market). Plus, you receive three percent cash back at gas stations and one percent cash back on everything else.

Ink Plus Business Credit Card

If you own a business, regardless of the size, this might be the card for you. It does have a $95 annual fee and a regular APR of 15 to above 19 percent, but you receive some excellent perks. After spending $5,000 in the first 90 days you’ll earn 60,000 bonus points, which equates to $750 towards travel. You will receive five points per dollar for the first $50,000 spent on tech products, two points per dollar on the first $50,000 spent on gas and hotel accommodations and one point per dollar on everything else. Plus, there is no foreign transaction fees.

The Business Gold Rewards Card From American Express OPEN

This card is a bit different form others as it is a charge card, not a credit card. This means you need to pay back the monthly balance in full, although there is a pay over time option for larger purchases. With the card there is a $175 annual fee, although it is waved the first year. Because it is a charge card there is no regular APR attached to it. You will receive 25,000 membership reward points when you spend $5,000 in the first three months. You receive three times the points for a category you pick, plus two times the points on four other categories. This way, you can tailor the card to your specific business purchasing needs. There is no foreign transaction fee and it comes with specialized monetary tracking features.

Bank of America Travel Rewards Credit Card

With this card you don’t have an annual fee while the regular APR is between 15 and above 23 percent. You earn 1.5 points per dollar spent on all purchases. You also don’t have an international foreign transaction fee. You receive 20,000 online bonus points after spending $1,000 in the first three months. This is good for $200 work of travel money. Additionally, you’ll receive 10 percent point bonus upgrade if you have an active Bank of American savings or checking account.

Platinum Delta SkyMiles Credit Card from American Express

With the AMEX Delta SkyMiles card you have an annual fee of $195 with a regular APR of over 15 percent to just over 19 percent. With the card you earn 60,000 bonus miles and 10,000 Delta Medallion Qualification Miles when making over $2,000 in purchases over the first three months. You will receive a $100 statement credit after making your first Delta purchases in the first three months, plus you can check your first bag for free. This covers the entire family. Plus, you receive Priority Boarding.

Bank of America Cash Rewards Credit Card

With this card, you won’t have to pay an annual fee while the regular APR is 13 percent to over 23 percent. You earn $100 cash reward after spending $500 in the first 90 days. This is an excellent card if you drive a good amount as you receive three percent cash back on all gas purchases, two percent at grocery stores and one percent on all other purchases. Plus, as is the case with other Bank of America credit cards, you receive a 10 percent bonus in points when you have an active account with them.

Capital One Venture Rewards Credit Card

This card comes with a $59 annual fee (waved the first year) and a regular APR of 13 to over 23 percent. You receive 40,000 miles after spending $3,000 in the first month, which is god for $400 off travel. There is also no foreign transaction fees.

Citi Hilton HHonors Visa Signature Card

Do you travel and stay with Hilton hotels? If so, this is the card for you. With no annual fee and a regular APR of 15 to over 19 percent, you receive 40,000 Hilton HHonors Bonus Points when making $1,000 in purchases over the first four months. Plus, you receive 6 HHonors points for every dollar you spend at Hilton owned hotels.

Discover it Miles

This card comes with zero annual fee and a regular APR between 11 and 23 percent. The credit card automatically matches all the miles you earn within the first year, plus you earn 1.5 miles for every dollar you spend.