What are the Top Reward Credit Cards of 2018?

Reward credit cards are becoming increasingly popular, as more and more people are looking for ways to earn cash back, points, and other rewards for their everyday spending. In 2018, there are many credit cards that offer great rewards programs, making it difficult to choose the best one. In this article, we will discuss the top reward credit cards of 2018 and help you decide which one is right for you.

Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is a great choice for travelers, as it offers 2x points on travel and dining purchases. Cardholders also earn 1x point on all other purchases. Additionally, if you spend $4,000 in the first 3 months of opening the account, you will receive 50,000 bonus points. This card has an annual fee of $95, but it is waived for the first year.

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card is another excellent option for travelers. This card offers 2x miles on every purchase, and you can redeem your miles for travel purchases, such as flights, hotels, and rental cars. Additionally, if you spend $3,000 in the first 3 months of opening the account, you will receive 50,000 bonus miles. This card has an annual fee of $95, but it is waived for the first year.

Discover it Cashback Match

The Discover it Cashback Match card is a great choice for those who want to earn cash back on their purchases. This card offers 5% cash back on rotating categories each quarter, such as gas stations, restaurants, and Amazon.com purchases. Cardholders also earn 1% cash back on all other purchases. Additionally, at the end of your first year as a cardholder, Discover will match all of the cash back you’ve earned. This card has no annual fee.

American Express Blue Cash Preferred Card

The American Express Blue Cash Preferred Card is a good option for families, as it offers cash back on groceries, gas, and streaming services. Cardholders earn 6% cash back on up to $6,000 spent per year at U.S. supermarkets, 3% cash back on gas, and 6% cash back on select streaming services. Additionally, cardholders earn 1% cash back on all other purchases. This card has an annual fee of $95.

Citi Double Cash Card

The Citi Double Cash Card is a simple, straightforward cash back card. Cardholders earn 1% cash back on all purchases and an additional 1% cash back when they pay their balance. This card has no annual fee.

Tips for Applying for a Credit Card

When applying for a credit card, it’s important to keep a few things in mind. First, make sure that you have good credit, as this will increase your chances of being approved. Additionally, make sure that you read the terms and conditions carefully, including any fees, interest rates, and rewards programs. Finally, make sure that you use your credit card responsibly, paying off your balance in full each month to avoid interest charges.

Saving Money with Credit Cards

Credit cards can be a great way to save money if used properly. For example, many credit cards offer cash back or points for purchases, which can add up over time. Additionally, some credit cards offer discounts or other perks, such as free checked bags on flights. Finally, some credit cards offer 0% interest on balance transfers, which can help you pay off high-interest debt faster.

Avoiding Credit Card Fees and Risks

While credit cards can be a great way to earn rewards and save money, it’s important to be aware of potential fees and risks. For example, some credit cards have annual fees, which can be expensive. Additionally, if you don’t pay your balance in full each month, you may be charged interest, which can add up quickly. Finally, it’s important to be aware of potential fraud and to monitor your credit card statements regularly to ensure that there are no unauthorized charges.

Credit Card Company Recommendations

When choosing a credit card, it’s important to choose a reputable credit card company. Some popular credit card companies include Chase, Capital One, Discover, and American Express. These companies offer a variety of credit cards with different rewards programs and fees, so it’s important to do your research and choose the one that’s right for you.