The good news? Chase has a card for you. Chase offers many credit cards that are perfect for frequent flyers, foodies, and even those who spend big money at the gas pump. But which Chase card is best for you? Here are the best options:
If you charge $4,000 during the first three months after opening your account, you’ll earn a welcome bonus of 60,000 points. And on each anniversary of opening your account, you’ll earn bonus points equal to 10% of your total purchases from the previous year. If you spent $30,000 on purchases, then, you’d earn 3,000 bonus points on your anniversary. You’ll also earn $50 in statement credits each year that you can spend on hotel stays purchased through Chase Ultimate Rewards. And when you redeem your points through this rewards portal, they are worth 25% more. If you earn 60,000 points, for example, they’d be worth $750 toward travel if you redeem through Chase Ultimate Rewards. There are perks, too. For frequent travelers, the Sapphire Preferred offers baggage-delay insurance, trip-delay reimbursement, travel and emergency assistance services, and trip-cancelation insurance. You can also transfer your points to 11 airline travel partners and three hotel travel partners on a 1-to-1 basis. The card offers purchase protection and extended warranty protection. You’ll get all this with a relatively modest annual fee of $95. Pros
High welcome bonusGenerous rewards programStatement credit and bonus points each anniversary
Cons
Annual feeYou’ll need good credit to qualify
The card also offers a solid welcome bonus. You’ll earn an additional 1.5% cash back on everything you buy (up to $20,000) the first year. This is worth up to $300 cash back. Redeeming is easy, too. Cash back does not expire as long as you keep your account open, and there is no minimum needed to redeem your cash. The card also doesn’t charge an annual fee. Pros
Solid welcome offerEasy to earn cash back in several spending categoriesNo annual fee
Cons
Few additional perksNeed strong credit to qualify
You’ll also earn 5 points on air travel through Chase Ultimate Rewards, 3 on other travel and dining purchases, and 1 point on all other purchases. As you can see, the potential is there to earn plenty of rewards each month. You’ll also gain 60,000 bonus rewards points if you spend at least $4,000 with your card during the first three months of opening your account. If you redeem these rewards through Chase Ultimate Rewards, that comes out to $900 that you can use toward your travel purchases. If you’re a frequent traveler, the Sapphire Reserve comes with travel perks, too. This includes a credit to pay for Global Entry or TSA PreCheck at airports, complimentary access to airport lounges in more than 500 cities across the globe, and savings at several hotels and resorts. As an added treat, you’ll automatically receive up to $300 in statement credits on your account-opening anniversary date as a reimbursement for the travel purchases that you make with your card. Pros
Strong rewards programPlenty of travel perksGenerous welcome bonus
Cons
High annual feeNeed a high credit score to qualify
You’ll also earn cash back on purchases not in the rotating 5% categories. The Freedom Flex offers 3% back on purchases made on dining at restaurants, including takeout and with eligible delivery services, and on all drugstore purchases. You’ll earn 1% back on all other purchases. You’ll earn a $200 bonus after you spend $500 in purchases in the first three months from opening your account. You’ll also earn 5% cash back on gas station purchases of up to $6,000 in your first year with the card. Pros
Rotating 5% cash back categories3% or 1% cash back on all other purchaseNo annual fee
Cons
Only 1% cash on purchases that don’t fall into special categories5% cash back categories might not be a good fit for your spending habitsFew perks besides cash back program
You’ll earn 2 points for every dollar you charge on Southwest purchases and for each dollar spent on Rapid Rewards hotel and car rental partners. The card also rewards 2 points for every dollar you charge on local transit and commuting, including ride-sharing services, and for each dollar spent on internet, cable, phone services, and select streaming services. You’ll also earn 1 point on all other purchases you make with this card. The card offers a solid intro offer: 50,000 points if you spend $1,000 on purchases within the first three months after opening your account. On your anniversary date, you’ll earn 3,000 bonus points. Frequent flyers get extra perks, too. Cardmembers get two EarlyBird Check-Ins with Southwest Airlines each year and 25% back on in-flight purchases.This card is not free, but the annual fee of $69 is not overly excessive for a card offering these perks. Pros
Solid rewards programGenerous welcome offerNo limits on rewards
Cons
This card does charge an annual fee1 point on everyday purchases is not overly generous
Also attractive is the bonus offer of 60,000 points, and you’ll only have to charge $4,000 in the first three months of opening your account to get it. The card’s perks – such as baggage-delay insurance, trip-delay protection, and trip-cancelation insurance – also make this a winning card. If you spend most of your money at grocery stores and dining out, look for a card that provides the most rewards for those purchases. If you’re constantly charging gas purchases, look for a card that provides the most cash back or rewards pumps for fuel charges. And if you spend in a wide variety of categories each month? You might look for a card that offers higher cash-back bonuses in specific categories that rotate. Do you have a lot of existing credit card debt? If you are burdened with credit card debt, consider a credit card that offers 0% interest on balance transfers for a limited time. Many cards will let you transfer debt from other cards at an interest rate of 0% for 12 to 18 months. If you pay off this debt during that period, you’ll be able to eliminate it without paying high interest rates. Just make sure you pay off that debt before the 0% offer ends. Are you a frequent traveler? If you fly often, look for a credit card that provides miles instead of cash back. You can then use those miles to book free flights around the globe. Do you want more flexibility? If you want the option to use your rewards however you want, a card that offers cash back might be a good choice. You can usually have this cash back deposited directly into your bank accounts, use it to pay down your credit card’s balance, turn it into gift cards, or even send it to a charity. How strong is your credit score? The higher your credit score, the more likely you are to qualify for credit cards with strong rewards programs and valuable welcome bonuses. If your score is low, though, you might have to settle for a more basic card. Use that card and pay off your purchases in full each month. Over time, this record of on-time payments will help boost your credit score.
Rewards: We searched for cards that offered generous rewards programs, whether in the form of points, miles, or cash back. We only selected cards that give consumers plenty of options to earn rewards. Welcome bonuses: The top credit cards offer solid welcome bonuses, such as additional points or cash back if you use your card to make a certain amount of purchases during a set period of time. We only chose cards that had welcome bonuses that were not only valuable but reasonably attainable. Annual fees: Many of the more valuable rewards cards charge annual fees. When researching this list, we made sure that the annual fees were appropriate for the perks and rewards cardholders receive. Some cards on this list might charge high annual fees. What matters is if the rewards they offer are high enough to justify these fees. Perks: When judging a credit card, the perks it offers matter, too. We looked for cards that provide such benefits as trip-cancelation insurance, discounts on hotel stays and access to airport lounges. Ease of redeeming points and cash back: We also searched for cards that made it easy for consumers to redeem their cash back, miles, or points. This meant cards in which points and cash back don’t expire and those in which cardholders don’t need a minimum amount to cash in.
Discover it® Cash Back: This card charges no annual fee and offers 5% cash back on the first $1500 in a series of quarterly categories that rotate throughout the year, such as purchases you make at gas stations, grocery stores, restaurants and fitness clubs (activation required). You’ll earn 1% back on all other purchases.Capital One Venture X Rewards Credit Card: This credit card from Capital One gives you 10 miles on hotels and rental cars booked through Capital One Travel, five miles on flights booked through Capital One travel, and two miles on all other purchases. You can also earn 75,000 welcome miles if you spend $4,000 on purchases during the first three months of opening your account. The Venture X Rewards card isn’t free, though: the annual fee is $395.Wells Fargo Active Cash® Card: The big draw of this card? Its simplicity. You’ll earn unlimited 2% cash rewards on purchases you make. You can also earn $200 in cash rewards if you charge $1,000 during the first three months of opening your account. The card does not charge an annual fee.
