Monday, June 17, 2019
Economy

What Are the Best Rewards Credit Cards?

Femakl hand holding a rewarss credit card at restaurant paying for meal

Many financial experts recommend using rewards credit cards as long as you have the money to pay off the balance. Paying your bills, car payments, and even housing payments with a rewards credit card and then paying off the balance with your bank is a great way to accumulate points! These cards have great benefits. The best cards also have low interest.

What Are Rewards Credit Cards?

Rewards credit cards are exactly the same as regular credit cards. You can purchase anything that accepts payment via credit card. However, each time you spend money you accumulate points. Depending on the type of card you have, you can redeem these points for flight miles, hotel stays, and other prizes.

What Are the Benefits of Rewards Credit Cards?

The most popular reward that reward cards give out are flight miles. For many cards, these flight miles can be redeemed any time you have a flight. Some cards will give you a discount on a flight if you don’t have enough miles to meet the entire flight. People love these benefits because as they accumulate points they can plan a vacation! Other cards may give out other rewards such as hotels and even 1% cash back.

What Are The Best Rewards Credit Cards?

There are several rewards credit cards which have been named the best. The top rated are the Citi Rewards Cards. They offer several great features with no annual fee! The Citi Rewards American Airlines AAdvantage MileUp℠ Card has no mileage limit and you earn miles on every dollar you spend. The Citi Rewards+℠ Card allows you to earn double points at gas stations.

Overall, rewards credit cards have many great benefits including low interest. There is a reason that many people are moving to these cards because the rewards are great!