The best part of shopping or any type of purchase is getting cash back, or earning points. Before choosing a reward card, examining your needs is important.
For some, more money will be spent on groceries or other household items, for some it might be airline tickets or hotel bookings. So, it is important to narrow down your needs to pick out the right card.
Experts say that choosing the right credit card and maintaining healthy financial habits can help you earn up to $2,000 or more rewards. Surprised? Yes, you can save up a lot of points or rewards just by selecting the right credit card that could help you earn more points.
However, you do not have to stress over choosing the right credit card, because this article has come to your rescue. In this article, you will find the top reward cards for April 2024. The credit cards have been selected based on comprehensive research. So let’s dive into it.
The Best Reward Card For Dining
- Chase Sapphire Preferred ® Card
The card comes with a 60,000 welcome bonus that will be credited to your rewards after spending $4,000 on purchases in the first three months. It only costs $95 as the annual fee. Users can earn 5x points on travel, 3x points on dining, 2x points on other travel purchases, and 1x points on other purchases. It also offers many travel and shopping protections.
Pros:
- The rewards are flexible and valuable
- Ability to transfer rewards
- Allows you to make reservations without restrictions.
Cons:
- No intro APR
- Annual fee
The Best Reward Card For Grocery Shopping:
- Blue Cash Preferred® Card from American Express
This card offers a straight 6% cash back on $6,000 of annual spending on groceries purchased from supermarkets. Cardholders can also earn 3% cash back at gas stations and 1% cash back on other purchases. No annual fee is deducted for the first year, after the first year, $95 is charged.
Pros:
- High welcome bonus
- Purchase and return protection on every purchase.
- Yearly Disney Bundle credit
Cons:
- Charges fee for foreign transactions.
- Offers only a shorter APR offer.
The Best Reward Card For Online Purchases
- Prime Visa
If you apply for a Prime Visa card, you can get a $100 Amazon Gift Card immediately upon approval. It offers 5% cash back on all items purchased through Amazon or Whole Foods markets. Cardholders can also get 2% off at gas stations, restaurants, and drugstores using this card. 1% of cashback is available on all purchases.
Pros:
- No annual fee charged
- Zero charges for purchases made outside the US.
- Free $100 gift upon arrival.
Cons:
- To use this card a prime membership is required.
- 5% cash back is available on purchases made only from Amazon or Whole Foods Market
The Best Reward Card For Travel Rewards
- The Platinum Card® from American Express
The card has a flashy appearance and comes with premium benefits for all spending made on travel. $695 is the annual fee for this reward card but comes with a huge range of benefits. Users can earn 80,000 Membership Rewards points after they spend $8,000 on purchases within 6 months of the membership. Users can also get 5x reward points per dollar spent on airlines. 5x points can be redeemed on prepaid hotels booked by using this card. 2x points are eligible for all travel expenses and 1x points for all other expenses.
Pros:
- High rewards on flights and hotels booked using the card.
- Luxury benefits can be redeemed using the card.
- Airport lounge access.
Cons:
- Highly annual fee.
- Rewards outside the travel may not be good.
The Best Reward Card For Cash Back
- Chase Freedom Unlimited®
The introduction offer for this card is that users can earn an additional 1.5% cash back on every purchase. Users can also enjoy a 6.5% cash back on travel purchased through this card.
After the initial year or a spend of $20,000, users can get 5% cash back on travel, 3% cash back on drugstore purchases and dining, and 1.5% cash back on all other purchases. No minimum amount is required to redeem cash back.
Pros:
- 0% intro APR for 15 months
- No annual fee is charged.
- No minimum redemption fee.
Cons:
- A fee is levied for foreign transactions.
- The need to use a companion card to transfer points.
How Can We Maximize Credit Card Rewards?
To maximize the rewards, it is important to familiarize yourself with each card. Explore its APR, welcome bonus, and all the redeeming features.
The rewards should match your spending habits. Look at the things that you spend the most time on and choose accordingly. It is also important to remember to take advantage of the perks that your card offers, be it credits for hotel stays, travel insurance, and airport lounge access.
