Credit cards are the lifestyle these days! No one wants to see debit transactions on their account statements anymore. But how do you choose the best credit cards for you? It’s not that simple, right! You have to look into what rewards are there, how many points you get for fuel and hotels, and if splurging on clothes will get you any more brownie points. There’s a host of things to consider. What you look for is generous bonus points and exclusive benefits!
So we have gone ahead and done your work for you. Below we have discussed three amazing rewards credit cards. One of them might just be your thing:
American Express Platinum Card
This card is for those who like luxurious travel. Unlimited access to first class airport lounge is what they start from. You also get complimentary companion tickets on first class international flights, a complimentary breakfast for two and global entry! You are also treated to hotel room upgrades and airline fee reimbursements. But to avail this, you should have an excellent credit score and super high income. Well that’s how you can afford the first class international travel. Also you have to pay off all charges in full every month.
American Express Premier Rewards Gold Card
Keeping things in perspective, if you are unable to afford the American Express Platinum Card but can pay a fairly high fee for these services; this card is your thing. You must have a good to excellent credit score and balances must be paid in full each billing cycle and not each month. It takes off the pressure for a bit. The perks that you get range from exclusive travel, concierge and retail benefits to additional baggage insurance. You can avail more rewards from this card by using up the points that get accumulated real fast. You get 25,000 bonus points if you spend $2,000 or more in the first three months. The card’s annual fee is waived in the first year.
Chase Sapphire Preferred
This is a Visa credit card administered through the Chase Bank. You get 40,000 bonus points on spending $3,000 in the first three months. Think of what not you can redeem with those many points! It’s one of this biggest perks that this card has to offer. You get double points on airfare if the tickets have been purchased through the Chase website. And there are no foreign transaction fees. But you must have an excellent credit score for this card and you should be able to pay charges over time. It’s a slightly mellowed down version of the other two cards and worth a shot. If this is your first rewards card it makes for a rather cost effective decision.
To finally choose from these cards or if you have any other in mind, take a good look at your finances and then decide on what kind of payments you will be able to afford. Be extra cautious as the credit cards can make or break your credit reports.