What are the Top 10 Working Credit Cards of 2016?

As an expert in English credit cards, I am here to answer the question of "What are the Top 10 Working Credit Cards of 2016?" The following article will provide a detailed and professional description of each card, with a focus on the benefits and features that make them the best options for 2016.

1. Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is one of the best travel reward cards on the market. It offers a sign-up bonus of 50,000 points when you spend $4,000 in the first three months, which is worth $625 when redeemed for travel through Chase Ultimate Rewards. The card also offers 2x points on travel and dining purchases, and 1x point on all other purchases. With no foreign transaction fees and a $95 annual fee, this card is a great option for frequent travelers.

2. Capital One Quicksilver Cash Rewards Credit Card

The Capital One Quicksilver Cash Rewards Credit Card offers unlimited 1.5% cash back on all purchases. The card also offers a $150 cash bonus when you spend $500 in the first three months. With no annual fee and no foreign transaction fees, this card is a great option for anyone looking for a simple and straightforward cash back card.

3. Discover it Cashback Match

The Discover it Cashback Match card offers 5% cash back in rotating categories each quarter, up to $1,500 in purchases. The card also offers 1% cash back on all other purchases. Additionally, Discover will match all the cash back earned at the end of the first year. With no annual fee and no foreign transaction fees, this is a great option for those who want to maximize their cash back rewards.

4. Citi Double Cash Card

The Citi Double Cash Card offers 2% cash back on all purchases - 1% when you make the purchase and 1% when you pay it off. The card also has no annual fee and no foreign transaction fees. This is a great option for those who want to earn cash back on all purchases without worrying about rotating categories.

5. Bank of America Travel Rewards Credit Card

The Bank of America Travel Rewards Credit Card offers 1.5 points per dollar spent on all purchases, with each point worth one cent when redeemed for travel statement credits. The card also offers 20,000 bonus points after spending $1,000 in the first 90 days, which is worth $200 when redeemed for travel. With no annual fee and no foreign transaction fees, this is a great travel rewards card for those who want a simple and straightforward option.

6. American Express Blue Cash Preferred Card

The American Express Blue Cash Preferred Card offers 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases), 3% cash back at U.S. gas stations and select U.S. department stores, and 1% cash back on all other purchases. The card also offers a $250 statement credit after spending $1,000 in the first three months. With a $95 annual fee, this card is a great option for those who spend a lot on groceries and gas.

7. Chase Freedom Unlimited

The Chase Freedom Unlimited offers 1.5% cash back on all purchases, as well as a $150 bonus after spending $500 in the first three months. The card also has no annual fee and no foreign transaction fees. This is a great option for those who want a simple and straightforward cash back card.

8. Barclaycard Arrival Plus World Elite Mastercard

The Barclaycard Arrival Plus World Elite Mastercard offers 2 miles per dollar spent on all purchases, which can be redeemed for travel statement credits. The card also offers a sign-up bonus of 40,000 miles after spending $3,000 in the first 90 days, which is worth $400 in travel statement credits. With no foreign transaction fees and an $89 annual fee (waived for the first year), this card is a great option for frequent travelers.

9. Southwest Rapid Rewards Premier Credit Card

The Southwest Rapid Rewards Premier Credit Card offers 2 points per dollar spent on Southwest Airlines purchases and Rapid Rewards Hotel and Car Rental Partner purchases, and 1 point per dollar spent on all other purchases. The card also offers a sign-up bonus of 50,000 points after spending $2,000 in the first three months. With a $99 annual fee, this card is a great option for those who frequently fly with Southwest Airlines.

10. Wells Fargo Cash Wise Visa Card

The Wells Fargo Cash Wise Visa Card offers 1.5% cash back on all purchases, as well as a $200 cash rewards bonus after spending $1,000 in the first three months. The card also has no annual fee and no foreign transaction fees. This is a great option for those who want a simple and straightforward cash back card.

In summary, the Top 10 Working Credit Cards of 2016 offer a variety of benefits and features to meet the needs of different consumers. When choosing a credit card, it is important to consider your spending habits and priorities in order to find the best card for your needs. Additionally, it is important to be aware of any annual fees and foreign transaction fees that may affect the overall value of the card.

When applying for a credit card, it is important to have a good credit score in order to qualify for the best offers and rewards. Keeping a low balance and paying off your balance in full each month can help improve your credit score and avoid interest charges.

Another way to save money with credit cards is to take advantage of promotional offers and rewards programs. Many cards offer sign-up bonuses and cash back rewards on certain purchases, which can add up over time. Additionally, some cards offer discounts on travel, dining, and other purchases, which can help you save money in the long run.

Overall, credit cards can be a valuable tool for managing your finances and earning rewards. By choosing the right card and using it responsibly, you can maximize your rewards and avoid unnecessary fees and charges.