2024-08-30
In a recent study by WalletHub, different credit cards were compared to which ones offer the best savings and rewards. Here's what they found:
Best Overall Card
The Wells Fargo Active Cash Card is an excellent choice for most people. It has no yearly fee, gives you 2% cash back on what you buy, and doesn't charge interest on the money you owe for the first year.
Top Card for Travel and Rewards
If you love traveling or want to get more back from your spending, the Chase Sapphire Preferred Card is a good pick.
After spending $4,000 in the first three months, you get 60,000 bonus points. These points can help lower your credit card bill or be used for booking trips.
Best for Students
Students who want to build their credit can apply for a Capital One SavorOne Student Cash Rewards.
Expect no yearly fee with this credit card, along with cash-back rewards. It is a smart option for those new to using credit.
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These credit card options were identified after comparing 1,500 credit cards. This study aims to help different types of spenders save money.
Just remember that that understanding and learning how to choose a credit card that fits your spending habits can vastly improve your finances and help you quickly achieve your financial goals.
You may view the full report here.
Comparing the Best Credit Cards for Savings and Rewards
In a recent study by WalletHub, different credit cards were compared to which ones offer the best savings and rewards. Here's what they found:
Best Overall Card
The Wells Fargo Active Cash Card is an excellent choice for most people. It has no yearly fee, gives you 2% cash back on what you buy, and doesn't charge interest on the money you owe for the first year.
Top Card for Travel and Rewards
If you love traveling or want to get more back from your spending, the Chase Sapphire Preferred Card is a good pick.
After spending $4,000 in the first three months, you get 60,000 bonus points. These points can help lower your credit card bill or be used for booking trips.
Best for Students
Students who want to build their credit can apply for a Capital One SavorOne Student Cash Rewards.
Expect no yearly fee with this credit card, along with cash-back rewards. It is a smart option for those new to using credit.
-
These credit card options were identified after comparing 1,500 credit cards. This study aims to help different types of spenders save money.
Just remember that that understanding and learning how to choose a credit card that fits your spending habits can vastly improve your finances and help you quickly achieve your financial goals.
You may view the full report here.
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