Our top cards like the Barclays Arrival Plus ® World Elite Mastercard ®, Venture Rewards and Chase Sapphire Preferred ® Card have general
spending rewards rates that meet this requirement.
Not exact matches
Rewards value = (
Spend in category 1 x
Rewards rate x Point value) + (
Spend in category 2 x
Rewards rate x Point value), etc. + Sign - up bonus - Annual fee
The interest
rate is the
reward for postponing the
spending decision — the higher the interest
rate, the more
spending decisions will be postponed.
From a
rewards -
rate perspective, the best card will depend on how much you
spend.
In the following table we calculated the proportionate amount of
spending you'd have to make in the 5 % categories to earn different overall
rewards rates.
This means that in the first year, the Discover it ® for Students will essentially earn you at least a 2 %
rewards rate on all
spending.
If you're looking to be more active in your
spending, using select cards on purchases that offer higher
reward rates, there are certainly alternatives that earn more cash back.
For example the Chase Sapphire Reserve ® lets users earn 3 points per $ 1
spent on all travel purchases — meaning car rentals, taxis and Airbnb purchases have a 4.5 %
rewards rate.
In that case, you're looking at pretty high
rewards rate of 2.25 % + on each dollar spent with the Travel Rewards card from Bank of A
rewards rate of 2.25 % + on each dollar
spent with the Travel
Rewards card from Bank of A
Rewards card from Bank of America.
Being able to earn at least 1.5 miles per $ 1
spent is also a huge advantage over other airline
rewards cards that have a base
rate of 1 mile per $ 1
spent.
Whenever you
spend outside the two categories mentioned, the Citi ThankYou ® Preferred earns you a
rewards rate of just 1 %.
The highest
rewards rate you can achieve with the Citi ThankYou ® Preferred Card is 2 % (which is competitive)- to get this
rate you must
spend exclusively on dining and entertainment categories.
Since you are earning 1.5 points with each dollar you
spend, the card has an effective
rewards rate of 1.5 %.
The Chase Sapphire Preferred ® Card offers better
rewards rates to those consumers whose
spending skews towards dining and travel.
With 2x points on every $ 1
spent in those categories, the Chase Sapphire Preferred ® Card offers a
rewards rate of up to 2 % (and 1 % on all other
spending).
The standout feature of the card is the 2 %
rewards rate you receive on all your
spending, which becomes a statement credit you can apply against almost any travel expense.
The Citi ® Double Cash Credit Card is among a rare breed of
rewards card that offers a high cash - back
rate on all your
spending, with no restrictions on how you
spend that money.
Finally, we applied a 2 %
rewards rate to that discretionary
spending not currently being done on a credit card.
With a flat
reward rate, you'll earn a specific number of
rewards for every dollar you
spend.
Say, the value of your points is $ 0.01 and you get 2 points for every dollar
spent, the
rewards rate is $ 0.01 x 2 = 2 %.
The Discover it ® — Cashback Match ™ currently offers some of the highest cash back
rates of any
rewards credit card, albeit not on all of your purchases or on the same
spending all the time.
This can be achieved by considering how much you
spend, and then multiplying it by the card's
rewards rate.
Most credit cards can match or beat that 2 %
rewards rate in one or two categories, but not across the board, for all
spending.
The base
rewards rates are 2 points per dollar
spent on travel and dining and 1.5 points per dollar on all other
spending.
Between the high
rewards rate on general
spending, and the ability to transfer
rewards points to airline miles, there is a lot of good value here.
Up to 10 % back on your
spending — The highest cash - back credit cards offer promotions that can help you pocket up to 10 % back, while others earn cash
rewards at
rates of 1 % to 5 %.
By entering your estimated monthly
spending, into the categories below, we will calculate for you the
reward rates you can expect out of the following credit cards.
Overall the Starwood Preferred Guest ® Credit Card from American Express is pretty much the only hotel card where the
rewards rate surpasses the Capital One ® Venture ® Rewards Credit Card both in and outside of hotel sp
rewards rate surpasses the Capital One ® Venture ®
Rewards Credit Card both in and outside of hotel sp
Rewards Credit Card both in and outside of hotel
spending.
The Chase Sapphire Preferred ® Card
rewards are earned at the
rate of 2 points for every $ 1
spent on travel or dining and 1 point for every $ 1 otherwise.
On the
reward side of things, this card provides 1 point for every $ 1
spent, which comes out to a
rewards rate of 1 %.
No matter where you
spend most of your money, you should try to get a credit card that gives a good flat
rate of
rewards, no matter where it is used.
The
rewards rate on the card is especially good for businesses that manage to
spend at least $ 1,000 on their card every month.
The fixed 1.5 %
rewards rate is great for individuals with varied
spending who want a simple
rewards credit card.
Otherwise, try this formula: Estimate how much you'll
spend and multiply it by the card's
rewards rate.
Rates can fall to 1 % if this is not the case, while the Citi ® Double Cash Credit Card's
rewards apply to all types of
spending.
On average, even if you don't optimally
spend your FlexPoints, the average
rewards rate for travel is 1.7 %, which is a good
rate when compared to the average travel credit card.
It's important to compare the
rewards rates of multiple cards to find one that maximizes your
spending.
We determined the
rewards rate on the Marriott Rewards ® Premier Credit Card to be anywhere between 0.8 % and 4 % when you use it for hotel stays - that is because you get anywhere between 1 and 5 points for every $ 1 you
rewards rate on the Marriott
Rewards ® Premier Credit Card to be anywhere between 0.8 % and 4 % when you use it for hotel stays - that is because you get anywhere between 1 and 5 points for every $ 1 you
Rewards ® Premier Credit Card to be anywhere between 0.8 % and 4 % when you use it for hotel stays - that is because you get anywhere between 1 and 5 points for every $ 1 you
spend.
The Capital One ® VentureOne ®
Rewards Credit Card is designed somewhat differently with a flat rewards rate structure of 1.25 miles per dollar spent on all cate
Rewards Credit Card is designed somewhat differently with a flat
rewards rate structure of 1.25 miles per dollar spent on all cate
rewards rate structure of 1.25 miles per dollar
spent on all categories.
The Starwood Preferred Guest ® Credit Card from American Express
rewards rate dances between 2.4 % and 4.8 % - the higher end being reserved for
spending at their properties.
All other
spending will get you a 1.6 %
rewards rate all lower.
A good cash back credit card can earn users a 2 %
rewards rate on all their
spending — this is usually a barometer used to measure a credit card's worth.
And while the Capital One ® Venture ®
Rewards Credit Card has an annual fee, if you
spend beyond a certain amount, the faster
rate of earnings will be worth it.
If you
spend more than $ 19,000, the benefit of the Venture ®
Rewards higher earnings
rate kicks in and overtakes the drag of the annual fee compared to the Quicksilver ®'s earnings
rate.
The Capital One ® Venture ®
Rewards card offers, at best, a 2 % rewards rate, and an early spend bonus worth approximately $ 500 on
Rewards card offers, at best, a 2 %
rewards rate, and an early spend bonus worth approximately $ 500 on
rewards rate, and an early
spend bonus worth approximately $ 500 on travel.
If you aim to sell articles, time
spent studying a few recent editions of whichever publication you wish to write for will
reward you with higher acceptance
rates than hope and guesswork.
It has a fairly low
rewards rate of 1.3 % on general
spending, and a great 2.6 %
rate on purchases at Amextravel.com.
Based on the cash back earned on an average family's credit card
spending, the
rewards rate for the Blue Cash Everyday ® Card from American Express is 1.7 %, while the Blue Cash Preferred ® Card from American Express
rewards rate is 2.4 %.
The premier cash back card from American Express offers a
reward of $ 250 for
spending $ 1000 within the first three months with the card which is an effective intro
rate of 25 % back.
Therefore,
spending a single dollar can earn either $ 0.0135 and $ 0.027, depending on where you
spend it — this translates to a 1.35 % and 2.7 %
rewards rate.