Are you tired of being limited to average credit cards with lackluster rewards? You're not alone! Many millennials are eager to optimize their spending with rewards cards that offer great benefits. Fortunately, there are plenty of excellent options out there for those with average credit. In this guide, we'll explore some of the best rewards cards that cater specifically to those with average credit scores. Get ready to start reaping the rewards and boosting your financial journey with these top picks!
Best Rewards Cards For Average Credit Table of Contents
1. Capital One QuicksilverOne Cash Rewards Credit Card
This card is an excellent choice for individuals looking to build their credit while enjoying cashback rewards. With the QuicksilverOne, you can earn unlimited 1.5% cashback on every purchase, regardless of the category. The card also has a relatively low annual fee of $39.
Key Benefits:
- Unlimited 1.5% cash back on all purchases
- Access to a higher credit line after making your first five monthly payments on time
- No foreign transaction fees
2. Discover it Secured Card
The Discover it Secured Card is designed for people looking to build their credit while enjoying rewards. This card requires a security deposit, but in return, you'll receive 2% cashback on gas stations and restaurants (up to a quarterly maximum) and 1% cashback on all other purchases. Additionally, Discover matches all the cash back you earn during your first year.
Key Benefits:
- 2% cash back on gas and dining
- 1% cash back on all other purchases
- Cashback match for the first year
- No annual fee
3. Credit One Bank Platinum Rewards Visa
The Credit One Bank Platinum Rewards Visa is a solid choice for anyone looking to earn rewards while building their credit. You can earn 5% cashback rewards on your first $5,000 in eligible gas, grocery, internet, cable, satellite TV, and mobile phone service purchases made each year and 1% rewards on all other purchases.
Key Benefits:
- 5% cashback on select categories
- 1% cashback on all other purchases
- Flexible payment options
- Free access to credit score tracking
Best Rewards Cards For Average Credit Example:
Meet Emma, a millennial who wants to earn rewards on a credit card while building up her average credit score. Emma does plenty of research and decides that the Capital One QuicksilverOne Cash Rewards Credit Card best suits her needs, as she wants a straightforward cashback rewards program. Emma applies for the card and starts using it for her everyday expenses. After five months of making timely payments, Emma's credit limit increases, and she's able to enjoy her rewards more.
Emma's friend, Jake, decides he wants to boost his average credit score as well. He chooses the Discover it Secured Card since he likes the idea of earning 2% cash back on dining and gas expenses. Plus, the cashback match for the first year appeals to him. After responsibly using the card and making payments on time, both Emma and Jake successfully build their credit scores while enjoying the rewards their chosen cards provide.
Congratulations! You now have the knowledge and tools to choose the best rewards card designed for individuals with average credit scores. By responsibly using these cards, you'll not only reap the benefits of the rewards programs but also improve your credit score over time. So why wait? Apply for one of these top rewards cards for average credit today and unlock your financial potential. Don't forget to share this guide with friends and family who may also benefit from these excellent card options, and explore more helpful financial tips and guides on Flik Eco!
