Searching for a bargain in 2017? Our friends from BestCreditCards.co compiled a new list of top credit cards for rewards and points, you can see their full ratings on their website or check out the abbreviated listing below. One thing that makes sense is to start the year 2017 by using your cards for your purchases and accumulating rewards points at the same time. The rewards card can help you to save a lot of money through cash back if you are able to meet their minimum points redemption requirements of the rewards program. The following are the top 5 best rewards credit cards in 2017.
1. Chase Sapphire Preferred
Chase Sapphire Preferred offers 50,000 signup bonus points which is equivalent to $625 when you spend a minimum of $4,000 within 3 months. There are 3 options when coming to redeem the 50,000 signup bonus points including airfare, hotel and cash. The annual fee for the card is $95 but it is waived in the first year. It offers 2x points on travel and restaurant purchases worldwide. Trael purchases include the accommodation and transportation fees. If you use the card for gas purchases at the local gas stations, you get to earn up to 2x points.
2. Capital One Venture Rewards
Capital One Venture Rewards offers 2x miles for every dollar you spend through the rewards program. It will reward you with 40,000 bonus miles when you make a minimum purchase worth $3,000. the 40,000 bonus miles is equivalent to a travel voucher worth $400. The annual fee for Capital One Venture Rewards is $59 but you don’t have to pay for this fee in the first year. The card is suitable for you if you like to travel or want a card that offers big sign up bonus.
3. Wells Fargo Rewards Visa Card
Wells Fargo Rewards Visa card offers new members the opportunities to earn 15,000 bonus points when they spend a minimum of $1,000. for every one dollar you spend, you will be rewarded with 5 points for 6 months after the account opening. The 15,000 bonus points can be used to redeem discount in your travel, cold hard cash or gift card. The card provides a 0% intro APR for a period of 12 months.
4. Barclay Arrival Plus
Barclay Arrival Plus offers an attractive signup bonus of 50,000 points when at least $3,000 is spent on your card balance within 90 days. The 50,000 points is equivalent to the value of $500 and you have several redemption options. The bonus points you earn can be exchanged with a statement credit, or merchandise worth $500. You can also use your bonus points to exchange for a gift card for your friend. On all the purchases you make with the card, you will earn 2x miles. The miles can be redeemed at anytime and no foreign transaction fee is charged.
5. Chase Freedom Unlimited
Chase Freedom Unlimited offers $150 bonus when your card is charged for a total amount of at least $500. it will reward you with a $25 cash back when you put someone as an authorized user on the card and make a purchase within 3 months. It offers 0% APR interest rate for 15 months and you will be charged with a variable APR rate of between 14.24% 23.24% afterwards. All purchases are eligible for a 1.5% cash back.