Have you worked hard to attain and maintain an excellent credit score? Having excellent credit opens the doors to some of the best credit cards out there, offering you unparalleled perks, rewards, and benefits. In this blog post, we dive into the top credit cards for those who earned an excellent credit rating and provide a comprehensive guide on how to choose the best one for you. Ready to unlock your financial potential? Let's dive in!
Best Cards For Excellent Credit Table of Contents
The Best Credit Cards for Excellent Credit
1. The Chase Sapphire Preferred Card
- Greatest for: Travel enthusiasts
- Reward rate: 2X points on dining and travel, 1X on all other purchases
- Sign-up bonus: 100,000 points after spending $4,000 in the first three months
- Annual fee: $95
The Chase Sapphire Preferred Card is a top choice for those with excellent credit who love to travel. Its generous reward rate for travel and dining purchases, along with a massive sign-up bonus, makes it an exceptional value for jet-setters.
2. The Blue Cash Preferred Card from American Express
- Greatest for: Families and everyday spending
- Reward rate: 6% cash back at U.S. supermarkets and streaming services, 3% at gas stations and transit, 1% on all other purchases
- Sign-up bonus: $300 statement credit after spending $3,000 in the first six months
- Annual fee: $95 (waived for the first year)
With generous cash back rates on everyday spending categories, the Blue Cash Preferred Card from American Express is perfect for families and those looking to maximize rewards on daily essentials.
3. The Citi Double Cash Card
- Greatest for: Simple cash back rewards
- Reward rate: 2% cash back on all purchases (1% when you buy, 1% when you pay off your balance)
- Sign-up bonus: None
- Annual fee: $0
For those who prefer a simple, no-annual-fee cash back card, the Citi Double Cash Card offers a solid 2% cash back rate on all purchases.
How to Choose the Best Card for Your Needs
When selecting the best credit card for your excellent credit, consider the following factors:
- Your spending habits – Choose a card that aligns with your most frequent purchases in order to maximize rewards.
- Annual fees – Ensure that the benefits outweigh the annual cost of owning the card.
- Sign-up bonuses – Take advantage of generous one-time offers to boost your rewards potential.
- Additional perks – Look for cards that offer premium benefits like travel insurance, extended warranty protection, and purchase protection.
Best Cards For Excellent Credit Example:
Let's say you're a young professional who loves to travel, and you typically spend around $2,000 per month on your credit card. With the Chase Sapphire Preferred Card, you could earn up to 48,000 points per year (2X points on dining and travel, 1X on all other purchases) and unlock the huge sign-up bonus of 100,000 points after spending the required amount in the first three months. That's a whopping 148,000 points in your first year alone, which could be redeemed for some incredible travel experiences or other rewards.
There you have it — our top picks for the best credit cards for those with excellent credit! With your hard-earned credit score, you now hold the keys to unlock the best financial rewards and opportunities. It's time to choose the card that works best for your lifestyle and spending habits, and make the most of the benefits and rewards you truly deserve. If you found this guide helpful, be sure to share it with friends and family who could also benefit and explore other helpful articles on Flik Eco for more personal finance and investing tips. Happy swiping and earning!
