What are the Top Credit Card Rewards in 2019?

Credit card rewards have evolved over the years, providing consumers with a plethora of options to choose from. With so many rewards programs available, it can be challenging to determine which credit card offers the best rewards. In this article, we will explore the top credit card rewards in 2019.

Cashback Rewards

Cashback rewards are a popular option amongst credit card users. This type of reward program offers a percentage of the purchase amount back to the cardholder. Some of the best cashback credit cards in 2019 include the Chase Freedom Unlimited, which offers a flat 1.5% cashback on all purchases, and the Discover it Cashback Match, which offers up to 5% cashback in rotating categories.

Travel Rewards

Travel rewards credit cards are ideal for those who love to travel and want to earn rewards while doing so. These cards offer various perks such as airline miles, hotel stays, and car rentals. One of the toptravel rewardscredit cards in 2019 is the Chase Sapphire Preferred, which offers 60,000 bonus points after spending $4,000 in the first three months of account opening. Other notable options include the Capital One Venture Rewards Credit Card and the American Express Gold Card.

Points Rewards

Points rewards credit cards allow cardholders to earn points on purchases, which can be redeemed for various rewards such as merchandise, gift cards, and travel. The bestpoints rewardscredit card in 2019 is the Chase Sapphire Preferred, which offers two points per dollar spent on travel and dining, and one point per dollar spent on other purchases. Other options include the Citi ThankYou Premier Card and the American Express Membership Rewards program.

Balance Transfer Rewards

Balance transfer rewards credit cards allow cardholders to transfer high-interest debt from one card to another with a lower interest rate. This type of card often comes with a 0% introductory APR period, allowing cardholders to pay off their debt interest-free. One of the topbalance transfer rewardscredit cards in 2019 is the Discover it Balance Transfer, which offers a 0% APR for the first 18 months and no balance transfer fee.

Applying for a Credit Card

When applying for a credit card, it is essential to consider factors such as annual fees, interest rates, and rewards programs. It is also important to understand the credit card company's policies, such as payment due dates and late payment fees. Additionally, keeping track of spending and paying off the credit card balance in full each month can help avoid interest charges and improve credit scores.

Saving Money with Credit Cards

Using credit cards to make purchases can also help save money through rewards programs and cashback offers. Taking advantage of sign-up bonuses and using credit cards for everyday purchases can accumulate rewards quickly. Additionally, paying off the balance each month can help avoid interest charges and late payment fees.

Avoiding Credit Card Fees and Risks

Credit card fees, such as annual fees and balance transfer fees, can add up quickly. It is essential to understand a credit card's terms and conditions to avoid these fees. Additionally, it is important to monitor credit card statements regularly to detect any unauthorized charges or errors.

Conclusion

Credit card rewards programs offer a variety of options for consumers to earn rewards on purchases. By understanding the different types of rewards programs and credit card terms and conditions, cardholders can make informed decisions when choosing a credit card. Additionally, using credit cards responsibly can help save money and improve credit scores.