Are you one of the lucky individuals with excellent credit? If so, it's time to take advantage of your top-notch credit score and explore the best credit card options available to you. Read on to discover the top credit cards for people with excellent credit, and how using these cards can unlock incredible benefits and rewards. Let's dive in and help you make the most of your outstanding credit history!
Credit Cards For People With Excellent Credit Table of Contents
What Qualifies as Excellent Credit?
Before we dive into the best credit cards for those with excellent credit, it's essential to know what qualifies as an excellent credit score. In general, excellent credit is defined as a FICO score of 800 or higher. Anything between 740 and 799 is generally considered to be very good credit. If your score is in this range, you have demonstrated responsible financial behavior and should have a wide variety of credit card options available to you.
Top Credit Cards for People with Excellent Credit
Now that you know what qualifies as excellent credit let's explore some of the top credit cards available to you:
1. American Express Platinum Card
- Welcome offer: 100,000 Membership Rewards points after spending $6,000 in the first six months.
- Annual fee: $695
- Rewards rate: 5x points on flights booked directly with airlines or through Amex Travel (up to $500,000 per calendar year), 5x points on prepaid hotels booked through Amex Travel, and 1x point on all other eligible purchases.
- Luxurious travel perks, including access to Centurion Lounges and Global Lounge Collection, hotel elite status, and more.
2. Chase Sapphire Reserve
- Welcome offer: 50,000 Ultimate Rewards points after spending $4,000 in the first three months.
- Annual fee: $550
- Rewards rate: 3x points on travel and dining worldwide, 1x point on all other purchases.
- Up to $300 annual travel credit, Priority Pass membership, and other premium travel perks.
3. Capital One Venture Rewards Card
- Welcome offer: 60,000 miles after spending $3,000 in the first three months.
- Annual fee: $95
- Rewards rate: 2x miles on every purchase, every day.
- Global Entry or TSA PreCheck credit, and no foreign transaction fees.
4. Citi Double Cash Card
- No welcome offer.
- Annual fee: $0
- Rewards rate: 2% cashback on all purchases (1% when you buy, 1% when you pay your balance).
- No foreign transaction fees and free access to your FICO score.
Credit Cards For People With Excellent Credit Example:
Meet Sarah, a millennial with excellent credit standing at a FICO score of 815. She wants to apply for a new credit card that aligns with her lifestyle. Between American Express Platinum and Chase Sapphire Reserve, Sarah is drawn to the Chase Sapphire Reserve. She spends more on dining out and enjoys traveling, making the 3x points on travel and dining worldwide a significant draw. Additionally, the $300 annual travel credit helps justify the annual fee for Sarah. After approval, Sarah enjoys the high-end benefits she gains from her excellent credit score and her chosen credit card.
There you have it! A comprehensive guide to the top credit cards for people with excellent credit. Remember, excellent credit opens up the door to a whole world of financial perks and rewards, so make sure to explore your options and choose the card that aligns with your needs and lifestyle. Don't forget to share this article with your friends who might also benefit from this information, and explore other guides on Flik Eco for more personal finance tips and insights. Cheers to making the most of your excellent credit!