Rewards credit cards are a great way to earn cashback, points, or miles for your everyday purchases. But with so many options available, it can be overwhelming to choose the best one for your needs. That’s why we’ve compiled a list of the best rewards credit cards of 2023, based on their rewards programs, sign-up bonuses, annual fees, and other features. Let’s take a closer look at each card.
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1. Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is a popular rewards credit card that offers generous rewards and perks. Cardholders earn 2X points per dollar spent on travel and dining purchases, and 1X point per dollar spent on all other purchases. Points can be redeemed for travel, cashback, or gift cards. The card also comes with a sign-up bonus of 100,000 points after spending $4,000 in the first three months, and a $95 annual fee.
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2. American Express Gold Card
The American Express Gold Card is a premium rewards credit card that offers great value for frequent travelers and foodies. Cardholders earn 4X points per dollar spent at restaurants and on up to $25,000 per year at U.S. supermarkets, 3X points per dollar spent on flights booked directly with airlines or through amextravel.com, and 1X point per dollar spent on all other purchases. Points can be redeemed for travel, statement credits, or merchandise. The card also comes with a sign-up bonus of 60,000 points after spending $4,000 in the first six months, and a $250 annual fee.
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3. Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is a popular travel rewards credit card that offers flexible rewards and no foreign transaction fees. Cardholders earn 2X miles per dollar spent on all purchases, and miles can be redeemed for travel, cashback, or gift cards. The card also comes with a sign-up bonus of 60,000 miles after spending $3,000 in the first three months, and a $95 annual fee.
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4. Citi Double Cash Card
The Citi Double Cash Card is a great cashback credit card that offers a simple and generous rewards program. Cardholders earn 1% cashback on all purchases, plus an additional 1% cashback when they pay their bill on time. There’s no annual fee, no limit on how much cashback you can earn, and cashback can be redeemed for a statement credit, check, or gift card.
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5. Discover it Cashback Credit Card
The Discover it Cashback Credit Card is a popular cashback credit card that offers rotating categories and a generous first-year bonus. Cardholders earn 5% cashback on up to $1,500 in purchases in rotating categories each quarter (activation required), and 1% cashback on all other purchases. Discover also matches all cashback earned in the first year, effectively doubling your rewards. There’s no annual fee and no foreign transaction fees.
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6. Chase Freedom Flex Credit Card
The Chase Freedom Flex Credit Card is a versatile cashback credit card that offers a variety of rewards and perks. Cardholders earn 5% cashback on up to $1,500 in purchases in rotating categories each quarter (activation required), 5% cashback on travel booked through Chase Ultimate Rewards, 3% cashback on dining and drugstore purchases, and 1% cashback on all other purchases. The card also comes with a sign-up bonus of $200 after spending $500 in the first three months, and there’s no annual fee.
U.S. News Ratings by Card Category
| Cash Back Credit Cards4.80 OUT OF 5 |
| Grocery Rewards Credit Cards4.80 OUT OF 5 |
| Gas Credit Cards4.50 OUT OF 5 |
| Cards for Excellent Credit4.33 OUT OF 5 |
| Cards for Good Credit4.33 OUT OF 5 |
| Cash Back Credit Cards | 4.80 OUT OF 5 |
| Grocery Rewards Credit Cards | 4.80 OUT OF 5 |
| Gas Credit Cards | 4.50 OUT OF 5 |
| Cards for Excellent Credit | 4.33 OUT OF 5 |
| Cards for Good Credit | 4.33 OUT OF 5 |
SEE ALL 5 CATEGORY RATINGS
Conclusion
There you have it – our top
What Are the Fees Associated With the Blue Cash Preferred Card from American Express?
- Annual fee: There is a $0 intro annual fee for the first year, then $95.
- Foreign transaction fee: 2.7% of each transaction after conversion to US dollars
- Cash advance fee: either $10 or 5% of the amount of each cash advance, whichever is greater
- Late payment fee: Up to $40.
- Returned payment fee: Up to $40.
Should You Get the Blue Cash Preferred Card from American Express?
Yes, if you:
- Spend a lot at supermarkets in the U.S. or on qualified streaming services.
- Need a 0% introductory APR on purchases.
- Like to use your rewards to pay off your credit card balance.
- Think you can earn over $95 per year in rewards to make up for the annual fee.