The best credit cards for earning rewards despite the annual fee
Credit cards can be very useful when it comes to rewards, cashback and bonuses. However, some of the best reward cards come with annual fees that may deter you from applying. If you're one of those who think that annual fees are not worth it, then think again! There are some great credit cards that offer excellent rewards and bonuses despite having an annual fee. In this article, we'll discuss some of the best credit cards for earning rewards despite the annual fee.
Chase Sapphire Preferred
The Chase Sapphire Preferred card is one of the most popular rewards credit cards that offer excellent reward points for every dollar spent. With this card, you'll earn 2x points for travel and dining expenses and 1x point for all other purchases. Moreover, the bonus points are worth 25% more when redeemed through Chase Ultimate Rewards.
The annual fee of this card is $95, but it's waived for the first year. The card also comes with additional benefits such as trip cancellation or interruption insurance, primary rental car insurance, and more. If you're a frequent traveler or a foodie, this card is definitely worth checking out.
American Express Gold Card
The American Express Gold Card is a great credit card for earning rewards on dining, groceries, and travel expenses. You can earn 4x points on US dining, 4x points at US supermarkets (up to $25,000 per year), and 3x points on flights booked through the airlines or via Amex Travel. Additionally, the annual fee of the card is $250, but it includes a $100 airline fee credit and up to $120 dining credit ($10 on select restaurants monthly).
Moreover, the Amex Gold Card offers additional benefits such as baggage insurance, purchase protection, and more. If you're a foodie and enjoy traveling, this credit card can be a great way to earn rewards and get some cashback.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is a great credit card for earning rewards on a variety of purchases. With this card, you can earn 2x miles for every dollar you spend, and you can redeem your miles for travel-related purchases including flights, hotels, rental cars, and more. Additionally, the card comes with no blackout dates or seat restrictions.
The annual fee of the Capital One Venture Rewards Credit Card is $95, but it's waived for the first year. Additionally, the card comes with benefits such as travel accident insurance, 24-hour travel assistance, and more. If you're someone who enjoys traveling and wants to earn rewards on every purchase, this credit card is definitely worth considering.
Citi Premier Card
The Citi Premier Card is an excellent credit card for earning rewards on travel, dining, and entertainment purchases. With this card, you can earn 3x points on dining, hotels, airfare, and more, and 1x point for all other purchases. Additionally, the bonus points are worth 25% more when redeemed through the ThankYou Rewards program.
The annual fee of the Citi Premier Card is $95, but it can be worth it if you're someone who enjoys dining out, traveling frequently, or attending entertainment events. The card also comes with additional benefits such as trip cancellation or interruption insurance, worldwide travel accident insurance, and more.
Conclusion
There are many great credit cards that offer excellent rewards and bonuses despite having an annual fee. If you're someone who enjoys traveling, dining out, or shopping, a credit card with an annual fee can allow you to earn more rewards and benefits on every purchase. However, it's important to consider if the annual fee is worth it for your spending habits and priorities. Always compare different credit cards and choose the one that best suits your needs and lifestyle.