Rewards card allows you to grow your points as you spend money on your expenses. The rewards points is used as a reward by the credit card company to reward customers for using the card to spend money. Most cards don’t set expire dates for redeeming the rewards points so you can redeem at anytime when you are convenient. The following are the top 3 rewards cards heading into 2017 that allows you to earn cash back savings through rewards programs.
1. Chase Sapphire Preferred
Chase Sapphire Preferred offers a rewards points program where you get rewarded with 2x points when you pay for your travel and dining expenses. You will be automatically qualified for waiving of the annual fee in the first year. The card is suitable to be used for overseas shopping because it doesn’t charge any foreign transaction fee. As a new card holder, you stand a chance to earn 50,000 signup bonus points which is worth in a value of $625.
The 50,000 signup bonus can be redeemed on the requirement that your card has been charged for a total of $4,000 in purchases within a 3 months period. There is another offer where you get rewarded with 5,000 points if you are able to find an authorized user and add him onto the card within 3 months. The points can be redeemed for cash or gift card. However, you get an extra value when you redeem the points for travel related expenses.
2. Barclaycard Arrival Plus World Elite MasterCard
Barclaycard Arrival Plus World Elite MasterCard is giving cardholders the chance to redeem a signup bonus of 50,000 miles if they use their credit cards buy things worth at least $3,000 within 90 days. If you go to redeem the 50,000 bonus miles, they will give you a travel statement worth $500. every time you redeem, you will be qualified to get an additional 5% miles the next time you go to redeem the points you accumulated on the card. The card offers 2x miles on every single dollar that is spent without any requirement on spending money in certain categories. The card is offering anyone a 1 year zero percent intro period for balance transfer if they transfer the funds within a period of 45 days.
3. Discover it Cashback Match
Discover it Cashback Match is a rewards card that will reward you with 5% cash back if your expenses happen to be a rotating bonus category. The rotating bonus category changes every quarter and you can only earn 5% cash back up to the quarterly maximum. You will have to check the Discover sites to find out what is the rotating bonus category each quarter. The rewards are doubled at the end of the year so you earn a total of 10% cash back. To accumulate points in your card, you must make sure you settle the bill in full every month.
Stay tuned to Best Credit Cards 2017 for the best rewards, cash back and balance transfer credit card offers for 2017!