Credit card rewards can range from earning money back on purchases, such as on the American Express Blue Cash Preferred card, to travel rewards, which are found on cards such as the Chase Sapphire Preferred card, so determining which has the overall best rewards is mainly a matter of the card holder's preference. Many credit cards also have introductory offers and long running benefits, such as 0 percent annual percentage rate (APR), and no annual fees.Continue Reading
The Chase Sapphire Preferred card has a large range of benefits, many of which are travel related. As a result, this card has been rated very highly with financial sites, such as nerdwallet, especially if card holders enjoy traveling as often as possible. Rewards include no foreign transaction fees, double point earning from travel and restaurant related purchases, and no annual fees for the first year.
The Blue Cash Preferred card from American Express is better suited to consumers who enjoy earning money back for purchases. If $1,000 is spent in the first 3 months, for example, then $150 is returned to the cardholder via a statement credit. Additionally, 6 percent cash back can be earned via major supermarket purchases, and 3 percent at gas stations. The card also offers 0 percent APR on any purchases made within the first 15 months.Learn more about Credit & Lending