Are you savvy with your personal finance and have managed to achieve an exceptional credit score? Kudos to you! You have qualified for some of the best credit cards out there designed to reward your financial responsibility. Let's explore the top options on the market for those with excellent credit and find out how you can leverage these high-flying cards to maximize your rewards and benefits.
Best Credit Cards For Exceptional Credit Table of Contents
What Makes a Credit Card Ideal for Exceptional Credit?
When you have excellent credit, card issuers view you as a low-risk, highly-valued customer. As such, they offer premium credit cards packed with perks, rewards, and benefits designed to keep you loyal. Here's what you can expect from the best credit cards for exceptional credit:
- Rewards: High earning potential on categories such as travel, groceries, dining, and more.
- Signup Bonuses: Substantial bonuses after meeting minimum spending requirements in the initial months.
- Perks: Complimentary access to airport lounges, elite status, and other valuable travel benefits.
- No or Low Fees: Moderate to no annual fees, low or non-existent foreign transaction fees, and other fee waivers.
- APR: Competitive and low annual percentage rates on balances, some cards may offer introductory 0% APR offers.
Top Credit Cards for Exceptional Credit
With a plethora of options, it's essential to pick a card that suits your spending habits and preferences. Here are some of the best credit cards for exceptional credit:
1. Chase Sapphire Preferred
Ideal for frequent travelers, the Chase Sapphire Preferred offers:
- 2X points on travel and dining at restaurants worldwide
- 1X point per dollar spent on all other purchases
- An impressive signup bonus after meeting the spending requirement
- Flexible redemption options, including transferring points to partnered airline and hotel loyalty programs
- Primary rental car insurance coverage and trip cancellation/interruption insurance
2. Capital One Venture
For those seeking simplicity and convenience, the Capital One Venture is an excellent choice:
- 2X miles per dollar on every purchase
- A generous signup bonus after meeting the spending requirement
- Global Entry or TSA PreCheck credit
- No foreign transaction fee
- Miles can be redeemed for any travel expenses, with no restrictions or blackout dates
3. American Express Blue Cash Preferred
A perfect fit for families and everyday spenders, the American Express Blue Cash Preferred offers:
- 6% cashback at U.S. supermarkets (on up to $6,000 per year)
- 6% cashback on select U.S. streaming subscriptions
- 3% cashback at U.S. gas stations and on transit purchases
- 1% cashback on all other purchases
- A competitive welcome offer after meeting the spending requirement
- Introductory 0% APR on purchases for a set period
Best Credit Cards For Exceptional Credit Example:
Imagine you're a travel enthusiast and you decide to apply for the Chase Sapphire Preferred credit card. You spend $4,000 in the first three months after card approval, earning the signup bonus. Throughout the year, you also spend $12,000 on travel and dining, earning 2X points on those purchases. By the end of the year, you have accumulated 40,000 points, equivalent to $500 in travel rewards when redeemed through the Chase Ultimate Rewards portal.
In addition, with the card's primary rental car insurance and trip cancellation/interruption insurance, you get more peace of mind when traveling without incurring any additional costs.
Your exceptional credit score has opened doors to premium credit cards packed with lucrative rewards and benefits. Now it's time to choose the one that complements your spending habits and preferences best. Once you have the ideal card in your wallet, you can confidently stride through your journey of personal finance while securing even more rewards and maximizing your benefits.
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