Rewards of up to $1,750 for new credit card users
In the ever-evolving landscape of credit cards, Bankrate has recently released their recommendations for the best rewards credit cards available. These cards offer a blend of rewards, travel benefits, and value for their fees.
General Travel:
The Bank of America® Premium Rewards® Elite card stands out with its 2X points on travel and dining. This card also offers perks such as $300 airline incidental credits and Priority Pass Select membership, with an annual fee of $550. Another noteworthy mention is the Chase Sapphire Reserve®, known for its high rewards value and premium travel perks.
Hotel:
The Bank of America® Premium Rewards® Elite card also includes Visa Infinite Luxury Hotel Collection perks. Additionally, luxury hotel perks are available on cards like The Platinum Card® from American Express and Chase Sapphire Reserve®.
Airline:
The New United℠ Explorer Card is named by NerdWallet as the best airline card, and it is also recommended by other expert sources. Another card offering airline-related benefits is the Bank of America® Premium Rewards® Elite, which provides $300 airline incidental credits and up to $120 credit toward Global Entry or TSA PreCheck fees.
Cash Back:
For cash back, the Chase Freedom Unlimited® is a top recommendation due to its flexible and high cash back rates. The Capital One Savor Cash Rewards Credit Card is good for food and entertainment cash back, while the Discover it® Cash Back offers rotating bonus categories.
Additional Notable Cards:
The Bank of America® Travel Rewards Card, with no annual fee, 1.5X points on all purchases, and 3X points on travel bookings through its travel center, is another card worth considering. The Capital One Venture X Rewards Credit Card is best for affordable luxury travel, with strong travel portal benefits.
Other Promotions:
Some consumers may be offered 60,000 points (worth $660) on the Alaska Airlines Visa Signature Credit Card. The Blue Cash Preferred Card from American Express offers a $250 statement credit after spending $3,000 in eligible purchases within the first six months.
The Alaska Airlines Visa Signature Credit Card offers three points for every dollar spent on Alaska Airlines travel, two points on gas, cable, streaming, and local transit, and one point on all other purchases. The Marriott Bonvoy Boundless Credit Card earns six Marriott points per dollar spent at Marriott properties, ten points for being a Marriott Bonvoy member, three points per dollar on up to $6,000 spent yearly at grocery stores, gas stations, and dining, and two points per dollar on all other spending.
The Blue Cash Preferred Card from American Express has a $0 introductory annual fee for the first year, then $95. The Alaska Airlines Visa Signature Credit Card has an annual fee of $95. The Marriott Bonvoy Boundless Credit Card has an annual fee of $95 and offers an intro bonus of five Free Night Awards after spending $5,000 on eligible purchases within three months.
Bankrate emphasises cards with no foreign transaction fees, strong welcome bonuses, and valuable travel credits as determining factors for their picks. The Bank of America® Premium Rewards® Elite card stands out across travel, hotel, and airline categories for its comprehensive perks and rewards. For cash back, Chase Freedom Unlimited® is a top recommendation due to its flexible and high cash back rates.
The Bank of America® Premium Rewards® Elite card, with its comprehensive perks and rewards, is a standout in the finance sector, offering not only benefits in travel and dining but also valuable travel credits and airline incidental credits. In the business of cash back, the Chase Freedom Unlimited® is a top recommendation, providing flexible and high cash back rates.
