Credit cards are very diverse — there are secured and unsecured credit cards. Consumers can also apply for the best travel credit cards as well if they are frequent travelers.
Depending on your lifestyle, you can apply for a rewards credit card. This will allow you to earn valuable credit card rewards points based on normal or specific purchases you make.
Unfortunately, there are thousands of rewards credit cards for good credit. If you want to take advantage of the best credit card rewards deals, then you should familiarize yourself with the top available options.
If you’re looking to compare reward credit cards, then you’ve come to the right place. This guide will explain everything you need to know about the best rewards credit cards available.
American Express® Gold Card
The American Express Gold Card is a great option if you consider yourself to be a “foodie”. This credit card offers a wide variety of valuable benefits, such as high ongoing rewards at restaurants across the world, in addition to U.S. supermarkets.
Cardholders can also take advantage of an annual dining credit, rewarding them for their loyalty and card use. Even if you don’t plan on traveling frequently, this credit card is well worth the annual fee.
Main Specifications:
- Annual Fee: $250
- Regular APR: There are specific details regarding a pay-over-time APR.
- Introductory APR: $0
- Credit Score Range: 690-850 (Good to Excellent)
- Terms Apply
Pros and Cons:
Pros:
- There is an annual dining credit
- There are also transfer partners
- No foreign transaction fees
- There are high, ongoing rewards rate in specific categories
Cons:
- There aren’t any lounge membership benefits, which is a very popular benefit for the best airline credit cards.
- American Express isn’t as widely accepted as Mastercard and Visa.
Click here to learn more and to view other options.
Blue Cash Everyday® Card from American Express
Are you looking for the perfect rewards credit card for supermarket and gas purchases? If so, look no further than American Express’ Blue Cash Everyday card. Cardholders can receive bonus rewards of 3% cash back in U.S. supermarkets when they spend up to $6,000 every year.
Cardholders can also receive 2% cash back at select U.S. department stores and gas stations — terms do apply.
Main Specifications:
- Annual Fee: $0
- Regular APR: 13.99% – 23.99% APR (Variable)
- Introductory APR: 0% APR for the first 15 months
- Credit Score Range: 690-850 (Good to Excellent)
- Terms Apply
Pros and Cons:
Pros:
- Cardholders can access bonus rewards at U.S. supermarkets and gas stations.
- There isn’t an annual fee.
- There is a bonus offer for new members.
- There is a 15-month introductory APR offer.
Cons:
- American Express isn’t as widely accepted as Mastercard and Visa.
- Cardholders must have good and excellent credit.
- There is a $25 minimum redemption for rewards.
Click here to learn more and to view other options.
Chase Freedom Unlimited®
The Chase Freedom Unlimited rewards credit card may be the most dynamic option on this list. A complete, all-in-one rewards card, this option offers new cardholders 0% APR for the first 15 months of their signing up.
With 3% cash back on restaurant purchases and 1.5% cash back for other categories, the Chase Freedom Unlimited card is one of the best contenders on the market.
Main Specifications:
- Annual Fee: $0
- Regular APR: 14.99% – 23.74% APR (Variable)
- Introductory APR: 0% APR for the first 15 months
- Credit Score Range: 690-850 (Good to Excellent)
Pros and Cons:
Pros:
- There is a high rewards rate without a minimum redemption amount.
- There isn’t an annual fee.
- Cardholders can take advantage of a 15-month 0% introductory APR period.
Cons:
- There is a foreign transaction fee.
- Cardholders must have good and excellent credit.
Click here to learn more and to view other options.
Bank of America® Customized Cash Rewards Credit Card
The Bank of America Customized Cash Rewards credit card has a lot of different caveats. While cardholders can earn rewards in very broad categories, there are spending caps that may not be too appealing for big spenders.
Cardholders can also choose their own category to earn 3% cash back, but the terms can be a bit complicated to figure out.
Main Specifications:
- Annual Fee: $0
- Regular APR: 13.99% – 23.99% APR (Variable)
- Introductory APR: 0% APR for 15 months after days within opening your account.
- Credit Score Range: 690-850 (Good to Excellent)
Pros and Cons:
Pros:
- There isn’t an annual fee.
- There is a great cash bonus offer.
- Cardholders can access valuable cash rewards.
Cons:
- If you have excellent credit and are a big spender, there are better options if you’re willing to pay an annual fee.
Click here to learn more and to view other options.
Capital One Quicksilver Cash Rewards Credit Card
This credit card single-handedly revolutionized the unlimited 1.5% on all eligible purchases. Cardholders can also redeem their rewards for cash without a minimum cash amount.
It’s never been easier to earn rewards and cash out when you’re ready with the Capital One Quicksilver Cash Rewards credit card.
Main Specifications:
- Annual Fee: $0
- Regular APR: 15.49% – 25.49% APR (Variable)
- Introductory APR: 0% APR for the first 15 months
- Credit Score Range: 690-850 (Good to Excellent)
Pros and Cons:
Pros:
- There is a high rewards rate without a minimum redemption amount.
- There aren’t any foreign transaction fees or an annual fee.
- There is an introductory APR for the first 15 months.
- There is also a sign-up bonus for new cardholders.
Cons:
- Other rewards credit cards have longer introductory APR periods.
- There aren’t any bonus reward categories.
- This card requires good and excellent credit.
Click here to learn more and to view other options.
Jasper Cash Back Mastercard®
The Jasper Mastercard was originally for immigrants to the United States to obtain financial means. Nowadays, the Jasper Cash Back Mastercard is the archetypal cash back credit card for anyone with limited or fair credit.
Main Specifications:
- Annual Fee: $0
- Regular APR: 15.49% – 24.99% APR (Variable)
- Introductory APR: $0
- Credit Score Range: 580-669 (Fair)
Pros and Cons:
Pros:
- There isn’t an annual fee.
- Your credit limit can be as much as $5,000.
- You can start with 1% cash back to start out.
Cons:
- The high APR can be problematic if you have a fair credit score.
Best Credit Card Rewards Programs: Overview
- American Express® Gold Card: Great rewards credit card for restaurant purchases.
- Blue Cash Everyday® Card from American Express: Excellent option for gas station and supermarket purchases.
- Chase Freedom Unlimited®: All-in-one rewards credit card.
- Bank of America® Customized Cash Rewards Credit Card: Offers cardholders the choice to choose a 3% cash back category.
- Capital One Quicksilver Cash Rewards Credit Card: Offering 1.5% cash back on all eligible purchases.
- Jasper Cash Back Mastercard®: Geared towards people with limited to fair credit.
Rewards Credit Cards for Good Credit: Final Verdict
Finding the right rewards credit card can definitely be challenging if you don’t know where to look. Fortunately, you can always refer to this list to apply for the right rewards credit card for your intended purpose.
