Choosing the perfect credit card can seriously boost your financial rewards, especially if you’re on the hunt for the best cashback and perks in 2024. Here’s a friendly guide to the top 10 credit cards this year, each offering fantastic rewards and cashback rates tailored to different spending habits and goals:
1. Chase Sapphire Preferred® Card
Rewards: You’ll earn 2x points on travel and dining, and 1x point on everything else.
Sign-Up Bonus: Snag 60,000 points after you spend $4,000 in the first 3 months.
Annual Fee: $95
Why It’s Great: This card is perfect for those who love to travel and dine out. Your points are worth 25% more when redeemed through Chase Ultimate Rewards®, and the sign-up bonus is a great deal.
2. Blue Cash Preferred® Card from American Express
Rewards: Enjoy 6% cashback at U.S. supermarkets (up to $6,000 per year), 6% on select streaming services, 3% on transit and gas, and 1% on everything else.
Sign-Up Bonus: Get a $350 statement credit after you spend $3,000 in the first 6 months.
Annual Fee: $95
Why It’s Great: Ideal for families who spend a lot on groceries and streaming. The high cashback rates in these categories are a big plus.
3. Citi® Double Cash Card
Rewards: Earn 2% cashback on all purchases—1% when you buy and 1% when you pay.
Sign-Up Bonus: None, but it has a simple and straightforward earning structure.
Annual Fee: $0
Why It’s Great: Perfect for those who want a simple 2% cashback on everything, with no rotating categories or limits to worry about.
4. Capital One Venture Rewards Credit Card
Rewards: Earn 2x miles on every purchase.
Sign-Up Bonus: Get 75,000 miles after spending $4,000 in the first 3 months.
Annual Fee: $95
Why It’s Great: Ideal for travelers who want to earn miles on every purchase. These miles can be used for travel expenses or airline transfers.
5. Discover it® Cash Back
Rewards: Enjoy 5% cashback on rotating quarterly categories (up to $1,500 in purchases each quarter), and 1% on everything else.
Sign-Up Bonus: Discover will match all the cashback you earn in your first year.
Annual Fee: $0
Why It’s Great: The first-year cashback match is a unique feature, plus the rotating categories can earn you significant rewards if you keep track of them.
6. American Express® Gold Card
Rewards: Earn 4x points on dining (including takeout and delivery), 3x points on flights booked directly with airlines or on amextravel.com, and 1x point on other purchases.
Sign-Up Bonus: Get 60,000 points after spending $4,000 in the first 6 months.
Annual Fee: $250
Why It’s Great: A great choice for foodies and frequent travelers with its high rewards rates on dining and travel expenses.
7. Wells Fargo Active Cash® Card
Rewards: Earn 2% cashback on all purchases.
Sign-Up Bonus: Get $200 cash rewards after spending $1,000 in the first 3 months.
Annual Fee: $0
Why It’s Great: Offers a straightforward 2% cashback on everything with no annual fee—ideal for those who prefer simplicity and value.
8. Bank of America® Customized Cash Rewards Credit Card
Rewards: Get 3% cashback on a category of your choice (like gas, online shopping, dining, or travel), 2% cashback at grocery stores and wholesale clubs (on up to $2,500 in combined purchases each quarter), and 1% on everything else.
Sign-Up Bonus: Receive $200 online cash rewards after spending at least $1,000 in the first 90 days.
Annual Fee: $0
Why It’s Great: The ability to choose your top cashback category is a nice perk, along with strong rewards on groceries and daily spending.
9. U.S. Bank Altitude® Go Visa Signature® Card
Rewards: Earn 4x points on dining, 2x points on groceries, gas stations, and streaming services, and 1x point on everything else.
Sign-Up Bonus: Get 20,000 points after spending $1,000 in the first 90 days.
Annual Fee: $0
Why It’s Great: Excellent for earning points on dining and essential expenses, with no annual fee and a solid sign-up bonus.
10. HSBC Premier World Elite Mastercard®
Rewards: Earn 3x points on travel and dining, and 2x points on all other purchases.
Sign-Up Bonus: Get 100,000 points after spending $4,000 in the first 3 months.
Annual Fee: $395
Why It’s Great: Best suited for high spenders who travel frequently, with top-notch points earning rates and a generous sign-up bonus.