Choosing the right credit card can be a daunting task, given the wide variety of options available in the market. That’s why we’ve put together a list of the best rewards credit cards for 2023 that you should consider having in your wallet. Whether you prefer travel-focused cards or cash back cards, there’s something for everyone on this list.
American Express Gold Card
The American Express Gold Card offers a sign-up bonus of 60,000 loyalty points after spending $4,000 in the first six months. Although the annual fee is $250, the card offers credits worth $240, reducing the annual cost to just $10. This card earns four points per dollar at restaurants worldwide, four points per dollar on groceries at U.S. supermarkets, and one point per dollar on all other purchases. It also offers various benefits, including dining credits and protections for travel and purchases.
Capital One Enjoy a
The Capital One Savor One card offers a $200 cash back bonus after spending $500 in the first three months. There’s no annual fee, and it offers 3% cash back on dining, entertainment, streaming, and grocery shopping, plus 1% cash back on all other purchases. This card also includes perks like no foreign transaction fees and 0% APR for the first 15 months.
Favorite Chase Sapphire
With a sign-up bonus of 60,000 Ultimate Rewards Points after spending $4,000 in the first three months, the Chase Sapphire Preferred Card is a great choice for travel enthusiasts. The annual fee is $95 and offers five points per dollar on travel, three points per dollar on online restaurant and grocery purchases, and one point per dollar on all other purchases. The card also provides access to a wide range of travel partners and offers various travel and purchase coverages.
Citi Personalized Money
The Citi Custom Cash card offers a $200 cash back bonus after spending $1,500 in the first six months. This card offers 5% cash back on your highest eligible spending category each billing cycle, up to $500 spent, and 1% cash back on all other purchases. There are no annual fees and a 0% APR for the first 15 months. While it doesn’t offer many additional perks, it can be paired with other Citi cards to transfer points to travel partners.
Capital One Venture
The Capital One Venture He earns ten miles per dollar on hotels and car rentals, five miles per dollar on flights booked through Capital One’s travel portal and two miles per dollar on all other purchases. Although the annual fee is $395, the card offers a $300 travel credit and a $100 birthday bonus, reducing the annual fee. It also includes various travel benefits and coverages.
Chase Liberty Flex
The Chase Freedom Flex card offers a $200 cash back bonus after spending $500 in the first three months, and it has no annual fee. This card offers 5% cash back on quarterly bonus categories, such as gas stations, grocery stores, and live shows, and 1% cash back on all other purchases. It also includes travel coverage, three months of DoorDash membership, and the ability to earn Chase Ultimate Rewards points.
Bilt MasterCard
The Bilt MasterCard is unique in that it allows rent payment without additional credit card fees or earning points. Although it doesn’t offer a sign-up bonus, it does offer one point per dollar on rent, three points per dollar on dining, and two points per dollar on travel. There are no annual fees or foreign transaction fees. The card also offers various travel coverages, Lyft credits, and the ability to redeem points with transfer partners for flights and hotels.
These 7 best rewards credit cards for 2023 fit different spending styles and offer a range of benefits. Consider your preferences and spending habits to choose the card that’s best for you. Let us know in the comments if you already own these cards or plan to get them soon. Happy to maximize the rewards and enjoy the perks!
