If you have excellent credit, it's time to turn that into some serious rewards! But with so many reward credit cards out there, how do you pick the best one for your spending style? Fret not! In this guide, we'll walk you through some of the best reward credit cards for excellent credit available today. We'll break down their reward structures, perks, and what makes them stand out among the crowd. So, buckle up, and let's find the perfect credit card for all your splendid spending needs!
Best Reward Credit Cards For Excellent Credit Table of Contents
The Top 4 Reward Credit Cards for Excellent Credit
1. Chase Sapphire Preferred Card
One of the best travel reward cards on the market, the Chase Sapphire Preferred Card, offers lucrative rewards for those with excellent credit. With this card, you'll enjoy:
- 2X points on travel and dining
- 1 point per $1 spent on all other purchases
- 60,000 bonus points after spending $4,000 in the first three months
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
2. American Express Gold Card
For those who love to dine out and shop for groceries, the American Express Gold Card will make an excellent choice. Here's what this card offers:
- 4X Membership Rewards points at U.S. supermarkets (on up to $25,000 per year)
- 4X points at restaurants, including takeout and delivery
- 3X points on flights booked directly with airlines or amextravel.com
- $120 annual dining credit at select restaurants
- $100 annual airline fee credit
- No foreign transaction fees
3. Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is an excellent choice for travelers who value simplicity and flexibility. Here's what this card has to offer:
- 2X miles per $1 spent on every purchase
- 60,000 bonus miles after spending $3,000 in the first three months
- Up to a $100 application fee credit for Global Entry or TSA PreCheck
- Fly any airline, stay at any hotel, anytime without blackout dates
- No foreign transaction fees
4. Blue Cash Preferred Card from American Express
If cashback rewards are what you're after, consider the Blue Cash Preferred Card from American Express. With this card, you'll enjoy:
- 6% cash back at U.S. supermarkets (on up to $6,000 per year)
- 6% cash back on select U.S. streaming subscriptions
- 3% cash back at U.S. gas stations and on transit
- 1% cash back on other purchases
- $250 statement credit after spending $1,000 in the first three months
Best Reward Credit Cards For Excellent Credit Example:
Imagine you're a frequent traveler looking to maximize your rewards. Here's how the Chase Sapphire Preferred Card could benefit you:
You spend $4,000 on the card in the first three months, earning 60,000 bonus points. Throughout the year, you spend $12,000 on travel and dining, earning 24,000 points. You also spend $8,000 on other purchases, earning 8,000 points. You now have a total of 92,000 points, which can be transferred at a 1:1 ratio to a travel partner, such as Southwest Airlines.
Assuming a point value of 1.5 cents per point when redeemed for travel through the Chase Ultimate Rewards program, your 92,000 points are worth $1,380 in travel rewards!
With excellent credit, you have access to some of the best reward credit cards in the market. Now that you know the top cards and their perks, choose the one that best fits your spending style to truly make the most of your excellent credit score. Don't forget to share this article with your friends and fellow excellent credit holders, and explore other guides on Flik Eco for all your personal finance and investing needs.
