What Are the Top 10 Credit Cards for Savvy Spenders?

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1. Chase Sapphire Reserve

The Chase Sapphire Reserve credit card is a popular choice among savvy spenders due to its generousrewards program, which offers 3x points on travel and dining. Additionally, cardholders can earn a sign-up bonus of 50,000 points after spending $4,000 in the first three months. The card does come with a heftyannual feeof $550, but this is offset by perks such as a $300 travel credit, airport lounge access, and other travel benefits.

2. Citi Double Cash

For those who want a straightforward rewards program, the Citi Double Cash credit card is a good choice. It offers 2%cash backon all purchases - 1% when you buy and 1% when you pay your bill. There is no annual fee, and the card also offers a 0% introductory APR for 18 months on balance transfers.

3. American Express Gold Card

The American Express Gold Card is another popular choice among savvy spenders, thanks to its rewards program, which offers 4x points on dining and groceries and 3x points on flights booked directly with airlines. Cardholders can also earn a sign-up bonus of 35,000 points after spending $4,000 in the first three months. However, the card comes with a $250 annual fee.

4. Capital One Venture Rewards

The Capital One Venture Rewards credit card is a good choice for those who want a flexible rewards program. Cardholders earn 2x miles on all purchases, and miles can be redeemed for travel or transferred to partner loyalty programs. The card comes with a $95 annual fee, but this is waived for the first year.

5. Discover it Cash Back

The Discover it Cash Back credit card offers a unique rewards program, with rotating quarterly categories that earn 5% cash back, up to $1,500 in purchases. All other purchases earn 1% cash back. There is no annual fee, and Discover also offers a unique perk where they will match all cash back earned in the first year.

6. Wells Fargo Propel American Express

The Wells Fargo Propel American Express credit card offers a generous rewards program, with 3x points on dining, travel, gas, and streaming services, and 1x points on all other purchases. There is no annual fee, and cardholders can earn a sign-up bonus of 20,000 points after spending $1,000 in the first three months.

7. Bank of America Travel Rewards

For those who want a travel rewards card with no annual fee, the Bank of America Travel Rewards credit card is a good choice. Cardholders earn 1.5x points on all purchases, and points can be redeemed for travel. There is also a sign-up bonus of 25,000 points after spending $1,000 in the first three months.

8. Hilton Honors American Express

The Hilton Honors American Express credit card is a good choice for frequent travelers who want to earn rewards for hotel stays. Cardholders earn 7x points on purchases at Hilton properties, 5x points on dining, gas, and groceries, and 3x points on all other purchases. There is a $95 annual fee, but this is offset by perks such as Hilton Honors Gold status and a sign-up bonus of 75,000 points after spending $1,000 in the first three months.

9. Costco Anywhere Visa

The Costco Anywhere Visa credit card is a good choice for those who shop frequently at Costco. Cardholders earn 4% cash back on gas purchases (up to $7,000 per year), 3% cash back on dining and travel, 2% cash back at Costco, and 1% cash back on all other purchases. There is no annual fee, but a Costco membership is required.

10. Blue Cash Preferred from American Express

The Blue Cash Preferred from American Express credit card offers a generous rewards program for grocery shoppers, with 6% cash back on up to $6,000 in purchases per year at U.S. supermarkets. Cardholders also earn 6% cash back on select streaming services, 3% cash back on transit and gas purchases, and 1% cash back on all other purchases. There is a $95 annual fee, but this is offset by the rewards program.

In terms of applying for credit cards, it is important to keep in mind that each application will result in a hard inquiry on your credit report, which can temporarily lower your credit score. It is also important to read the terms and conditions carefully, including any annual fees, interest rates, and rewards programs. To save money, it is a good idea to pay your balance in full each month and avoid carrying a balance, which can result in high interest charges. Finally, it is important to monitor your credit report regularly and report any errors or fraudulent activity to the credit bureaus.