If You Aren’t Using 1 of These Rewards Credit Cards, You’re Doing it Wrong

All credit cards are not created equally. So if you are struggling to figure out how all of your friends manage to rack up rewards points, while you aimlessly swipe, we’re here to tell you that you are simply doing it wrong.

As a savvy, responsible adult, earning rewards for your everyday purchases seems like the obvious way to spend money, but how do you decide which credit is right for you? Decide whether gaining travel rewards or getting cash back is your top priority, then choose one of these rewards credit cards to start spending your hard-earned money the smart way.

1. Chase Sapphire Preferred — for the travelers

Chase Sapphire Preferred

Chase Sapphire Preferred | Chase

  • Zero annual fee for the first year ($95/year after)
  • Earn 50,000 points if you spend $4,000 in the first 3 months 

For the travelers, Chase Sapphire Preferred credit card is a no-brainer. But before you open an account, be sure you are prepared to spend $4,000 within the first three months, otherwise, you may miss out on the stellar 50,000 points. According to Chase, that translates to an automatic $625 worth of travel rewards. While most purchases are equivalent to one point per every dollar spent, travel and restaurant purchases earn members twice as many points per dollar. 

2. Citi Double Cash — straightforward cash-back rewards

Citi Double Cash

Citi Double Cash | Citi

  • Earn 2% cash back for every single purchase
  • No annual fee

Not everyone is lured in by travel rewards, and for those individuals, Citi Double Cash is the ideal choice. Every single purchase earns cash back for cardholders without any caps on how much can actually be earned. For every dollar swiped on the Citi card, one percent cash back is earned. Then, for every dollar paid an additional one percent cash back is recouped. Plus, no annual fees makes this card an obvious winner.

3. United MileagePlus Explorer — the airline winner

United MileagePlus Explorer

United MileagePlus Explorer | Chase

  • Earn 40,000 miles if you spend $2,000 in the first 3 months
  • Zero annual fee for the first year ($95/year after)

If United isn’t your go-to airline, consider opening an account with your preferred airline, but by all means, do not lose out on the mileage rewards. When it comes to United’s MileagePlus perks, cardholders get one free checked bag, priority boarding, and two one-time passes to the United’s lounges. Additionally, two miles are accrued for every single United airline ticket booked, along with one mile for every other purchase made with the card. You’ll be surprised how fast those miles add up.

4. American Express Platinum — for the luxury travelers

American Express Platinum

American Express Platinum | American Express

  • Earn 60,000 points if you spend $5,000 in the first 3 months
  • $550 annual fee

For the more high-end traveler, the America Express Platinum card is a clear choice. While the annual fee is steep, it pales in comparison to the benefits that come with the membership. Every single year, cardholders get $200 in Uber rides, $550 worth of fine hotels and resorts benefits, and $200 in airline fee benefits — think free baggage. Plus, cardholders rack up five times the points when booking travel directly with American Express.

5. American Express Blue Cash Preferred — the family card

American Express Blue Cash Preferred

American Express Blue Cash Preferred | American Express

  • Earn $200 in statement credits if you spend $1,000 in the first 3 months
  • $95 annual fee

The American Express Blue Cash Preferred card boasts 6% rewards for the first $6,000 spent annually, then an additional 1% on everything else purchased on the card. What’s even cooler is that 6% can be redeemed at grocery stores, restaurants, or any other retail store of preference. To boot, any purchases made at a gas station or a department store in the U.S. will earn you 3% back.

6. Discover It Cashback Match — for those with not-so-great credit

Discover It Cashback Match

Discover It Cashback Match | Discover

  • No annual fee
  • Perfect card to establish good credit

Not everyone is rolling around in perfect (or even decent) credit, which is what makes the Discover It Cashback Match card a good place to start. Here is how it works. Once approved, cardholders provide Discover with a refundable security deposit equal to the approved credit line amount. From that point, every single purchase provides cash back rewards.

Check out The Cheat Sheet on Facebook!