The best rewards credit cards typically require good to excellent credit for approval. Good credit is generally defined as a credit score of 690 or better.
Details on our picks for the best rewards credit cards Chase Sapphire Preferred® Card. Discover it® Cash Back. Capital One® Venture® Rewards Credit Card. Wells Fargo Propel American Express® Card. Chase Freedom Unlimited®. Bank of America® Cash Rewards credit card. Wells Fargo Cash Wise Visa® ...
Credit cards with grocery and gas rewards. When rewards are simply redeemed into a Bank of America checking or savings account, cardholders earn a 10% bonus, thus increasing its effective rewards rates to 3.3% on gas, 2.2% on groceries and wholesale clubs, and 1.1% on all other types of spending.
The best rewards credit card for bad credit: Discover it® Secured. Bankrate’s favorite rewards credit card for bad credit is the Discover it® Secured, which offers 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, and 1% back on all other purchases.
Credit requirements: Rewards credit cards are typically reserved for those with good to excellent credit, which means a FICO score of 670 or higher. Annual fees: Many rewards cards come with annual fees, which may be greater than any rewards you earn .