Updated on Oct 8, 2018

Best Rewards Cards for 2018

Maximize your rewards with the right rewards card.
Advertiser Disclosure

Independently researched content by us. Free financial advice for you. To do that, we may get compensation when you click on our partners’ products. Our lists consist of the best cards from our partners. Not all cards in the marketplace have been evaluated. View our full advertiser disclosure to learn more.

Like rewards? We do too. And 2018’s top rewards credit card offers are rife with them — travel perks, cash back, and more. Check out our list of the best rewards credit cards and apply online in minutes.

Money360's top picks for the best rewards credit cards

Learn More on Capital One's secure website

Best no intro fee rewards card

Capital One® Venture® Rewards Credit Card
Rewards Summary Unlimited 2X miles per dollar
Redeem for... Travel statement credit; travel booked through CapitalOne.com; gift cards; and more

Current Offer 50,000 miles
Annual Fee $0 intro for first year; $95 after that
Perks include
  • Complimentary concierge service
  • $0 foreign transaction fees
  • Extended warranty protection for purchases
Highlights Provided by Capital One Show Highlights
  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels; learn more at hotels.com/venture
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
  • Issuer: Capital One
  • Rewards Details: 2 Miles per dollar on every purchase, every day. 50000 Miles once you spend $3,000 on purchases within 3 months from account opening.
  • Annual Fee: $0 intro for first year; $95 after that
  • Balance Transfer Fee: $0
  • Cash Advance APR: 24.74% (Variable)
  • Foreign Transaction Fee: None
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 14.74% - 24.74% (Variable)
  • Penalty APR: None

Our two cents

Who should get it

The Capital One® Venture® Rewards Credit Card is a great choice if your goal is to earn credit card rewards you can redeem for a free or low-cost trip for yourself or your family. Every eligible purchase you make earns 2X miles per dollar that you can use to book all sorts of travel and vacation packages through CapitalOne.com.

How to use it
  • Earn unlimited 2X miles per dollar on all purchases.
  • Spend $3,000 on purchases in the first three months to get 50,000 bonus miles.
  • Redeem your miles via the Capital One Rewards Center for travel, account credits, gift cards, and more.
Consider this

This card has a relatively low annual fee, but if you don’t want a fee at all, consider the Discover it® Miles. It has a lower earning rate (1.5X miles per dollar), but otherwise it’s a comparable travel card: unlimited rewards on all purchases, no foreign transaction fees, and flexible redemption options. You also get a mile-for-mile match of the cash back you’ve earned at the end of your first year.

Why you'll love it

No matter how you use your Capital One® Venture® Rewards Credit Card, you’ll earn unlimited miles that you can redeem for a variety of travel rewards. And no matter where you go, you won’t be hit with a foreign transaction fee. Plus, it has a reasonable annual fee ($95) that’s waived for your first year.

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Most versatile

Chase Sapphire Preferred® Card
Rewards Summary 2X points on travel and restaurants worldwide; 1X points on other purchases. Terms Apply.
Redeem for... Travel, gift cards, statement credits, eDeposit

Current Offer 50,000 points
Annual Fee $95 (waived first year)
Perks include
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • 25% more value when you book travel through Chase Ultimate Rewards®
  • No blackout dates or travel restrictions
Highlights Provided by Chase Show Highlights
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
  • Issuer: Chase
  • Rewards Details: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
  • Annual Fee: $0 Intro for the First Year, then $95
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 26.74% Variable
  • Foreign Transaction Fee: $0
  • Introductory APR: N/A
  • Introductory APR Period: N/A
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 17.74% - 24.74% Variable
  • Penalty APR: None

Our two cents

Who should get it

Jetsetters will love the flexibility of the Chase Sapphire Preferred® Card. It earns unlimited points on travel and dining worldwide, and there’s no foreign transaction fee. Points are redeemable for options including discounted travel via Chase Ultimate Rewards®, and they’re transferrable to 11 top travel loyalty programs at a 1:1 ratio.

How to use it
  • Focus your spending on dining and travel purchases across the globe to earn 2X points per dollar — the earnings are unlimited, and there’s no foreign transaction fee. Use it for everything else to earn 1X point per dollar.
  • Get 50,000 bonus points (worth $625 toward travel when you redeem via Chase Ultimate Rewards®) once you spend $4,000 in purchases in the first three months of opening your account.
  • Transfer your points to 11 different top travel loyalty programs at a 1:1 ratio.
Consider this

If you don’t travel often but want to earn rewards toward travel, the Barclaycard Arrival® Plus World Elite Mastercard® might be a better pick. It earns 2X miles on all purchases, not just travel and dining. Its 60,000-mile bonus (if you spend $5,000 in the first 90 days) isn’t anything to sneeze at either — especially since this card also has flexible redemption options.

Why you'll love it

The Chase Sapphire Preferred® Card is our pick for the most versatile credit card rewards because it earns points on a wide range of travel options that aren’t usually included with travel cards and it has some of the most flexible redemption options available. You’ll also love the signup bonus: 50,000 bonus points (worth $625 toward travel via Chase Ultimate Rewards®) if you spend $4,000 on purchases within the first three months.

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Learn More on Capital One's secure website

Great all-around card

Capital One® VentureOne® Rewards Credit Card
Rewards Summary Earn 1.25X miles on every purchase
Redeem for... Travel, gift cards, and more

Current Offer 20,000 miles
Annual Fee $0
Perks include
  • Complimentary concierge service
  • $0 foreign transaction fees
  • Extended warranty protection for purchases
Highlights Provided by Capital One Show Highlights
  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn 1.25X miles on every purchase, every day and pay no annual fee. Plus earn 10X miles on thousands of hotels; learn more at hotels.com/venture
  • Fly any airline, stay at any hotel, anytime
  • Enjoy a low intro APR on purchases for 12 months; 13.74%-23.74% variable APR after that
  • Travel when you want with no blackout dates
  • No foreign transaction fees
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Issuer: Capital One
  • Rewards Details: 1.25 Miles per dollar on every purchase, every day. 20000 Miles once you spend $1,000 on purchases within 3 months from account opening.
  • Annual Fee: $0
  • Balance Transfer Fee: $0
  • Cash Advance APR: 23.74% (Variable)
  • Foreign Transaction Fee: None
  • Introductory APR: 0% intro on purchases
  • Introductory APR Period: For 12 Months
  • Introductory Balance Transfer APR: N/A
  • Introductory Balance Transfer Period: N/A
  • Ongoing APR: 13.74% - 23.74% (Variable)
  • Penalty APR: None

Our two cents

Who should get it

The Capital One® VentureOne® Rewards Credit Card is among the best credit cards for earning unlimited miles (1.25X miles per dollar) on all purchases without an annual fee. It’s also great for casual rewards credit card users who want a variety of travel redemption options, including travel statement credits (which allow you to cover certain travel expenditures that other cards won’t, like ferries and auto rentals).

How to use it
  • Use this card for all types of purchases to earn unlimited 1.25X miles per dollar.
  • Earn 20,000 bonus miles when you spend $1,000 in the first three months.
  • Take advantage of the 12-month 0% intro APR and pay off larger purchases without racking up any interest.
Consider this

If you’re willing to pay an annual fee, you could earn higher-rate rewards with another card. The Capital One® Venture® Rewards Credit Card is very similar to this card, with the exception of a higher earning rate (unlimited 2X miles per dollar) and a signup bonus that’s worth much more. Its annual fee is just $95 after your first year.

Why you'll love it

For no-fuss rewards on everything you buy, the Capital One® VentureOne® Rewards Credit Card is a sensible, affordable choice. Unlimited 1.25 miles per dollar offer decent earning potential, with plenty of flexibility at redemption. Since you can redeem miles for a travel statement credit, you can fly any airline and stay at any hotel, anytime, without taking blackout dates into account.

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Apply Now on Discover's secure website

Best cash back bonus

Discover it® Cash Back
Rewards Summary 5% cash back at different places each quarter; 1% on all other purchases.
Redeem for... Statement credits, eDeposits, gift cards, charitable donations

Current Offer First year Cashback Match™
Annual Fee $0
Perks include
  • 0% intro APR on purchases and balance transfers for 14 months and then the ongoing APR of 13.99% – 24.99% Variable APR
  • Dollar-for-dollar Cashback Match™ at the end of your first year
  • Free FICO® Credit Score
Highlights Provided by Discover Show Highlights
Card Highlights Provided by Discover:
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
  • Issuer: Discover
  • Rewards Details: 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. 1% unlimited cash back on all other purchases - automatically.
  • Annual Fee: $0
  • Balance Transfer Fee: 3%
  • Cash Advance APR: 26.99% Variable
  • Introductory APR: 0%
  • Introductory APR Period: 14 months
  • Introductory Balance Transfer APR: 0%
  • Introductory Balance Transfer Period: 14 months
  • Ongoing APR: 13.99% - 24.99% Variable

Our two cents

Who should get it

Looking for a card with no annual fee and an impressive first-year bonus? With the Discover it® Cash Back, you’ll get automatic match of all the cash back you earn in your first year.

How to use it
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. Plus, 1% unlimited cash back automatically on all other purchases.
  • Get a dollar-for-dollar match of all your first-year cash back earnings thanks to Discover’s Cashback Match™ program. (If you earn $150 cash back, you’ll get $300.)
  • Utilize the 14-month 0% intro APR to pay off purchases and balances transfers without accruing interest (then ongoing 13.99% – 24.99% Variable APR).
Consider this

The Chase Freedom® is a great alternative because you won’t have to wait all year to earn the bonus. As long as you spend $500 in purchases within the first three months, you’ll get a $150 statement credit. It earns the same high-rate rewards (5% in bonus categories on up to $1,500 per quarter) and points can be redeemed for discounted travel via Chase Ultimate Rewards®.

Why you'll love it

True to its name, the Discover it® Cash Back card will match your cash back earned at the end of your first year dollar for dollar, automatically. Another cool perk: You can use your cash back for part or all of Amazon.com purchases (redeem instantly at checkout).

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Partner Offer Apply Now on American Express's secure website

Best for gas & groceries

Blue Cash Preferred® Card from American Express
Rewards Summary 6% cash back at U.S. supermarkets (up to $6,000, then 1%)
Redeem for... Reward Dollars (redeemed as a statement credit)

Current Offer $200
Annual Fee $95
Highlights Provided by American Express Show Highlights
  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 14.99% to 25.99%.
  • Over 1.5 million more places in the U.S. started accepting American Express® Cards in 2017.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • $95 annual fee.
  • Terms Apply.
  • Issuer: American Express
  • Rewards Details: 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). Terms Apply.
  • Annual Fee: $95 See Details
  • Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 27.24% Variable
  • Foreign Transaction Fee: 2.7% of each transaction after conversion to US dollars.
  • Introductory APR: 0%
  • Introductory APR Period: 12 months
  • Introductory Balance Transfer APR: 0%
  • Introductory Balance Transfer Period: 12 months
  • Ongoing APR: 14.99% - 25.99% Variable See Rates & Fees
  • Penalty APR: 29.99% Variable

Our two cents

Who should get it

If you’re constantly making a trip to the grocery store, the Blue Cash Preferred® Card from American Express would fit well in your wallet. It earns incredibly high rewards at U.S. supermarkets: 6% for the first $6,000 in purchases per year, then 1%. Heavy commuters earn too: It also earns unlimited 3% cash back at U.S. gas stations.

How to use it
  • Use this card at U.S. supermarkets, U.S. gas stations, and select U.S. department stores (including J.C Penney, Nordstrom, and Sears) to earn substantial cash back.
  • Earn a $200 statement credit when you spend $1,000 in purchases within the first three months of opening your account.
  • Redeem your cash back as a statement credit that you can use to pay down your card balance.
Consider this

A possible sticking point with the Blue Cash Preferred® Card from American Express is its $95 annual fee. If you’d prefer an American Express rewards credit card with no annual fee, consider the Blue Cash Everyday® Card from American Express. It has a $0 annual fee — though the earning rates for groceries and gas are more modest.

Why you'll love it

The Blue Cash Preferred® Card from American Express is the among the best rewards cards for those who prefer to earn points on everyday purchases. It boasts a high earning rate on categories that are popular with frugal spenders and families — unlimited 1% cash back on all other purchases.

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Best cash back program

Chase Freedom®
Rewards Summary 5% cash back in bonus categories (up to $1,500 in combined purchases); unlimited 1% cash back on other purchases (Terms apply)
Redeem for... Cash back

Current Offer $150
Annual Fee $0
Perks include
  • 0% intro APR on purchases & balance transfers for 15 months
  • Extended warranty & purchase protection
Highlights Provided by Chase Show Highlights
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.74-25.49%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter
  • Unlimited 1% cash back on all other purchases - it's automatic
  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
  • Issuer: Chase
  • Rewards Details: Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Unlimited 1% cash back on all other purchases.
  • Annual Fee: $0
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance APR: 26.74% Variable
  • Foreign Transaction Fee: 3% of each transaction in U.S. dollars
  • Introductory APR: 0%
  • Introductory APR Period: 15 months
  • Introductory Balance Transfer APR: 0%
  • Introductory Balance Transfer Period: 15 Months
  • Ongoing APR: 16.74% - 25.49% Variable
  • Penalty APR: None

Our two cents

Who should get it

The Chase Freedom® is an excellent rewards credit card for all types of shoppers because it earns high cash back on everyday spending. It also has one of the most easy-to-earn signup bonuses on the market: spend $500 within the first three months to get a $150 bonus. Holders of the Chase Sapphire Preferred® Card can benefit by pairing their card with the Chase Freedom® too, because points are transferrable between cards.

How to use it
  • Earn 5% cash back in rotating bonus categories on up to $1,500, unlimited 1% cash back on everything else. (Previous bonus categories have included gas stations, restaurants, local commuter transportation, and drugstores.)
  • Spend over $500 on purchases within the first three months of opening your account to snag a 15,000 bonus points that can be redeemed for $150 cash back.
  • Pay attention to the bonus categories — you’ll need to activate them each month in order to earn 5% cash back.
  • Get an extra $25 bonus after adding your first authorized user and making your first purchase within the first three months.
Consider this

If you want a more flexible approach to cash back, the Chase Freedom Unlimited® earns unlimited 1.5% cash back on all purchases instead of high-reward bonus categories. What doesn’t change? The signup bonus and annual fee: Spend $500 in the first three months to earn a $150 statement credit, and there’s no annual fee.

Why you'll love it

The Chase Freedom® earns some of the highest credit card rewards in the industry — as long as you keep up with the rotating categories. It doesn’t have an annual fee, and you’ll get a 15-month 0% intro APR for purchases and balance transfers. Plus, it’s one of the only cash back cards that lets you redeem for travel (via Chase Ultimate Rewards®).

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Apply Now on Discover's secure website

Great first-year bonus

Discover it® Miles
Rewards Summary Unlimited 1.5x miles on every purchase
Redeem for... Statement credits towards travel purchases

Current Offer First year mile-for-mile match
Annual Fee $0
Perks include
  • 0% intro APR on purchases for 14 months and then the ongoing APR of 13.99% – 24.99% Variable APR
  • Free FICO® Credit Scores on monthly statements and online
Highlights Provided by Discover Show Highlights
Card Highlights Provided by Discover:
  • INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
  • Earn unlimited 1.5x Miles for every dollar spent on all purchases all with no annual fee.
  • No Blackout Dates - fly any airline, stay at any hotel.
  • Redeem your Miles as a statement credit towards travel purchases.
  • Freeze your account in seconds with an on/off switch either on the mobile app or website to prevent new purchases, cash advances, and balance transfers.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No Annual Fee.
  • Issuer: Discover
  • Rewards Details: 1.5 Miles per dollar on all purchases.
  • Annual Fee: $0
  • Balance Transfer Fee: 3%
  • Cash Advance APR: 26.99% Variable
  • Introductory APR: 0%
  • Introductory APR Period: 14 months
  • Introductory Balance Transfer APR: 10.99%
  • Introductory Balance Transfer Period: 14 months
  • Ongoing APR: 13.99% - 24.99% Variable

Our two cents

Who should get it

The Discover it® Miles offers some of the best credit card rewards if you want to redeem for statement credits toward travel purchases, all with no annual fee. This card also makes sense if you’re about to make a large purchase, thanks to its mile-for-mile match at the end of your first year.

How to use it
  • This is a great all-purpose card because it earns unlimited 1.5X miles per dollar on every purchase.
  • Discover will match your first-year earnings mile-for-mile, so use this card as much as possible to maximize your reward — and there’s no limit to how much you can earn.
  • You can redeem your miles as a statement credit to cover travel purchases such as airline tickets, hotel rooms, and car rentals.
  • Keep tabs on your FICO® credit score online for free with your Discover account.
Consider this

The flat rewards structure makes it simple to earn unlimited miles on every purchase you make. But if your spending follows certain patterns, you could earn more faster with a rewards credit card that offers more than 1.5X miles per dollar.

Why you'll love it

The Discover it® Miles offers high earning potential for those who use it on all kinds of purchases: unlimited 1.5X miles per dollar spent, with no annual fee. On top of that, Discover will match your first-year earnings mile-for-mile. Reward bonuses don’t get any easier than that.

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How Rewards Cards Work

Rewards credit cards earn points or cash back every time you use the card. Some cards earn high-rate rewards on certain purchase categories, like travel or groceries. Others earn unlimited flat-rate rewards on every dollar you spend, regardless of the category.

Branded rewards cards are a great option for loyal customers because they usually offer higher rewards rates, or premium benefits. For example, the earns 2X miles per dollar spent on Delta purchases only. But cardholders also get perks like free bag checks, priority boarding, and seat upgrades.

Earning points Redeeming points

Whether it’s points, miles, or cash back, high-rate rewards cards usually earn anywhere from 3% to 5% on rewards categories, and 1% on everything else. Flat-rate rewards cards generally earn 2%.

Remember that cards with rotating bonus rewards categories usually change each quarter. You will need to activate the bonus every quarter to take advantage of the higher rewards rate.

Credit card rewards points can be redeemed for a variety of things, including travel, vacation packages, gift cards, cash back, and statement credits.

It’s important to remember that not all card issuers value their points equally — and sometimes the value changes. For example, The Points Guy’s puts Capital One rewards at 1 cent per point, while Chase Ultimate Rewards® are valued at 2.1 cents per point.

What are credit card rewards points?

Most cards have unique names for their rewards currency. For example, Delta calls its rewards ‘Delta Skymiles’ and American Express calls them ‘Membership Rewards.’ But regardless of what they’re called, rewards are generally redeemed for two things: travel or cash back.

With travel, we’re talking about anything from points that can be redeemed for a wide range of options around the world, to miles that can only be redeemed for airfare at a handful of airlines. Cash back options are also pretty varied. Some cards earn cash back and gift cards that you can spend at certain online retailers. There are even cards for those who want the best of both worlds.

Can I get a rewards card with bad credit?

The best rewards credit cards have the nicest features — low interest rates, lucrative rewards, and great perks. They can also be tough to get.

It usually takes a credit score of around 700 or more to qualify for cards like the Chase Sapphire Preferred® Card and Capital One® Venture® Rewards Credit Card. (That’s considered “good” by FICO® and VantageScore, two of the major credit scoring models.)

If you’re in the process of building or repairing your credit, secured credit cards could be a better option. Unlike regular credit cards, secured cards require an upfront deposit. If you put down $500, then your credit limit will also be around $500, minus the fees.

Secured cards are easier to qualify for because secured cards are bankrolled by you, not the lender. But that doesn’t mean you’ll always be approved. If you have bankruptcy or multiple missed payments on your credit history, it might be harder to get approved — even for a secured credit card.

How many credit cards is too many?

It’s not really about how many cards you own, but how much you owe that matters most. Your credit utilization ratio is one of main factors that influences your credit score. As long as you keep it below 30% on individual cards and collectively across all cards, you avoid the risk of damaging your credit score.

Your credit utilization ratio is the percentage of your total active credit. For example, if you have a card with a $10,000 limit and a $2,000 balance, your credit utilization ratio is 20%.

What are rotating cash back categories?

For rewards credit cards that offer cash back, you may be able to receive extra cash back in certain categories during a set period of time. For instance, both the Discover it® Cash Back and the Chase Freedom® offer 5% cash back in rotating bonus categories up to the quarterly maximum each time you activate.

In order to receive this cash back bonus, you must activate the categories through your account, then spend up to a certain limit at the selected stores.

How to save more money by maximizing points and miles

There isn’t a one-size-fits-all card that delivers superior points or miles on every conceivable spending category and has the most flexible point redemption options.

Owning two or three cards is the right number to get the most points or miles and still keep the cards active (assuming you’re paying off the balances). You’ll be able to take advantage of the bonuses and ongoing rewards without major limitations.

Here are the best rewards credit cards

  • Capital One® Venture® Rewards Credit Card: Best no intro fee rewards card
  • Chase Sapphire Preferred® Card: Most versatile
  • Capital One® VentureOne® Rewards Credit Card: Great all-around card
  • Discover it® Cash Back: Best cash back bonus
  • Blue Cash Preferred® Card from American Express: Best for gas & groceries
  • Chase Freedom®: Best cash back program
  • Discover it® Miles: Great first-year bonus

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