6 Hacks for Using the Citi ThankYou Points Program

Here's how to get the most out of your Citi rewards credit card points.

If you surveyed a group of people about credit cards, it’s likely they would say pretty much the same thing: Their favorite cards are part of a transferable points program. That’s because these cards tend to have the most flexibility when it comes to redeeming rewards. One of these programs is Citi ThankYou. (Full Disclosure: Citibank advertises on Credit.com, but that results in no preferential editorial treatment.)

Over the past several years, Citi has made several changes to the ThankYou program to help it keep up with Chase Ultimate Rewards and Amex Membership Rewards. Two of the most noticeable changes are the selection of credit cards that allow you to earn ThankYou points and the airline transfer partners. Let’s take a look at how you can hack your Citi ThankYou points for maximum value.

1. Transfer Points to Loyalty Partners

One area where the Citi ThankYou program has improved over the past couple of years is with the quality of transfer partners. Unless noted below all partners transfer at a 1:1 ratio.

  • Jetblue (1,000:500)
  • Cathay Pacific
  • Etihad
  • Eva Air
  • Air France/KLM
  • Garuda Indonesia
  • Malaysia Airlines
  • Quantas
  • Qatar Airways
  • Singapore Airlines
  • Thai Airways
  • Virgin Atlantic
  • Hilton (1,000:1,500)

While the list of partners continues to grow, not all of them are a good use of your points. To get the most value, you could redeem points for one of these rewards:

Continental U.S. to Hawaii on Singapore Airlines

From the United States, one of the best uses for Singapore Airlines miles is to fly to Hawaii. One-way flights in coach, business class, and first class cost 17,500, 30,000 and 40,000 miles, respectively. Compare this to United Airlines, which charges 22,500, 40,000 and 50,000 miles.

Air France/KLM Flying Blue Promo Awards

One of the best ways to use Flying Blue miles is to book their promo awards. Each month, they release new promo routes and you can save 20% to 50% off normal redemption rates.

Continental U.S. to Mexico on Air France/KLM Flying Blue

Flying Blue includes Mexico in the same flight region as the United States, which means flights cost only 12,500 miles each way in coach.

TransAtlantic in Singapore Suites

If you’re tired of always flying coach, you can splurge and spend 57,375 Singapore Krisflyer Miles to fly Singapore Suites from New York to Frankfurt, Germany. If you’d like to continue, you can go all the way to Singapore for a total of 93,500 miles. But be warned: Flying in coach might never be the same.

Use Etihad Guest Miles from New York to Brussels in Business Class

Most airlines are part of large alliances or have partner airlines. This is great for consumers because it opens up a lot of options when using your miles. If you know where to look, you can find a lot of value when flying. One of the best ways to fly to Europe is to use Etihad Guest miles to fly Brussels Airlines from New York to Brussels. Traveling round-trip in economy will cost you 21,972 miles and business class will be 36,620 miles. If you want a card that earns you direct airline miles, here are our picks for some of the best airline miles credit cards out there.

2. Book Travel on Citi Travel Center

Another way to use your ThankYou points is to book your travel through the Citi Travel Center. This is where the specific card you have will dictate the value you receive. If you have a Citi ThankYou Premier card you can redeem your points for 1.25 cents each. Through July 23, those with a Citi ThankYou Prestige card can redeem points on American Airlines for 1.6 cents each and on all other airlines for 1.33 cents. Afterward, redemptions are 1.33 cents on all airlines. For any card that is not Premier or Prestige, you can book travel at just 1 cent per point.

3. Redeem for Cash

You can redeem your points for cash, but this is a pretty weak valuation. You will only receive 0.5 cents per point, but…

4. Pay Your Mortgage or Student Loans

You’ll receive 1 cent of value when you use your points to pay off your mortgage or student loans.

5. Shopping With Points

Citi has partnered with several retailers, making it possible to shop with your points. However, values fluctuate from 0.6 cents to around 1 cent per point, so unless it’s necessary for you to redeem through shopping, there are better ways to redeem points.

6. Gift Cards

Finally, you can also redeem your points for gift cards for select retailers and restaurants. Most of the time you will be able to receive 1 cent per point with this method.

Earning Citi ThankYou Points

Earning Citi ThankYou points is fairly simple. You can use one of a few different Citi credit cards or have select Citi banking products.

Citi Prestige

When you sign up for the Citi Prestige card, you receive 40,000 ThankYou points after spending $4,000 in the first three months. Then, when you use your card for airfare or hotels, you receive 3 points per dollar. You will also receive 2 points per dollar spent at restaurants and on entertainment. Any other purchase made will earn 1 points per dollar. This card has a steep $450 annual fee, but you will receive several travel benefits, including a $250 air travel credit, which you can use for airfare, upgrades, baggage fees and more. You will also receive a $100 statement credit to cover the cost of either Global Entry or TSA Precheck. If that’s not enough, you also receive your fourth night free when booking hotels through Citi Prestige Concierge. Plus, you can travel in comfort knowing you have complimentary access to more than 900 Priority Pass Select airport lounges.

Keep in mind before signing up for this or any rewards card that your credit will need to be in very good shape to qualify. If you’re not sure where your credit stands you can get your two free credit scores, updated every 14 days, right here on Credit.com.

Citi ThankYou Premier

With the Citi ThankYou Premier card, you receive 30,000 ThankYou points after signing up and spending $3,000 in the first three months. You then earn 3 points per dollar spent on travel expenses, which includes gas. Plus, you can earn 2x points when you use your card at restaurants and on entertainment. All other purchases will earn 1x points. There is a $95 annual fee, which is waived for the first year.

Citi ThankYou Preferred

If you prefer a card with no annual fee, then the Citi ThankYou Preferred card might be the best fit. You will earn 15,000 ThankYou points after signing up and spending $1,000 in the first three months. When you use this card at restaurants and on entertainment, you receive 2x points. All other purchases earn 1x points. This card also has an introductory 0% APR on purchases and balance transfers.

Citi ThankYou Preferred Card for College Students

If you’re a college student you can also earn ThankYou points with the Citi ThankYou Preferred card for College Students. With this card, you will earn 2,500 ThankYou points after spending $500 within the first three months. When you use your card at restaurants and on entertainment, you receive 2x points. All other purchases receive 1x points. After signing up for this card you receive an introductory 0% APR for the first seven months on purchases. There is no annual fee to carry this card.

Citi Banking Accounts

While you won’t be able to earn a huge number of points through this method, you can take advantage of the banking relationships you have with Citi. Depending on the product, you could earn up to 19,200 points per year.

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At publishing time, the Citi Prestige, Citi ThankYou Premier, Citi ThankYou Preferred and Citi ThankYou Preferred for College Students cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

 

 

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How to Visit Disney World for Free (or Close To It)

Anyone with kids understands that Disney World is a vacation they need to take at least once. After all, it’s the happiest place on earth. The only problem is, the place is expensive, and it’s only getting more so. In February, Disney announced they were raising ticket prices.

Last year, Disney parks started implementing tiered admission prices based on the season. This was to help fight overcrowding at some of the busiest times of the year.

With the price increase, most Disney theme parks will see mid-tier tickets increase to $107, up from $102. Peak season tickets (think spring break, summer and Christmas break) will increase to $119 from $114. And one-day tickets for the low season will go up to $99 from $97.

Tickets for the Magic Kingdom will cost a bit more for mid-tier tickets, up from $110 to $115, but peak prices will remain unchanged at $124.

Obviously, it gets expensive for a family. Just visiting the Magic Kingdom would end up costing a family of four between $396 and $496 depending on the season. And that’s for just one day at the park. Disney does offer special discount ticket packages, however, so be sure to check out what’s on offer before booking. You might be able to get a really good deal, especially during the off-season.

Of course, there are other ways to reduce your costs for visiting the happiest place on earth. You can start by using the rewards you receive from credit cards, for starters. There are three different cards you will need to make your trip nearly free (excluding food costs).

The Flights

Southwest Airlines is a favorite for many people. They’re inexpensive, they’re friendly and the overall flying experience is considered quite pleasant. Frequently the airline runs sales with prices starting at $59 one-way, or approximately 4,130 Southwest Rapid Reward points. That means for a family of four, it’s possible to get round-trip flights for as little as 33,040 points.

To cover this expense, you can sign up for the Southwest Rapid Rewards Plus credit card. You will receive 50,000 points after you spend $2,000 within the first three months. In addition to this signup bonus, you will also receive 2 points per dollar on Southwest Airlines flights and on Rapid Rewards hotel and car rental partner purchases. For all other purchases you will receive 1 points per dollar. There is a $69 annual fee, but you will receive 3,000 bonus points on every card member anniversary.

The Hotel

A couple of years ago, Wyndham Resorts changed how many points were needed for a free night at any property. Instead of using a tiered system like other hotel brands, they moved to a flat rate. It now costs 15,000 points per night at every hotel.

Located right outside the Disney Park is the Wyndham Grand Orlando Resort Bonnet Creek. This hotel is extremely kid-friendly with multiple pools, water slides and themed rooms. There is also a free shuttle that will take you to the Disney World gates.

To cover the expense, you could sign up for the Wyndham Rewards Visa card from Barclaycard. You will receive 30,000 points after your first purchase and another 15,000 points after spending $2,000 in the first 90 days. These 45,000 points would be good enough for three free nights. If you and your spouse both sign up for this card, you could earn up to six free nights.

In addition to the points you earn after signing up, you will also receive 5 points per dollar spent at any Wyndham property. Purchases made at gas stations, grocery stores and on any utility bill will receive 2 points per dollar. All other purchases will receive 1 points per dollar. There is a $75 annual fee, but you will receive 6,000 bonus points on each anniversary.

The Theme Park

We have already talked about how expensive it can be to purchase Disney World tickets. Luckily the cost can be mostly offset by the Barclaycard Arrival Plus World Elite MasterCard. With this card you will receive 50,000 miles after spending $3,000 in the first 90 days. You will also receive 2 miles per dollar on every purchase that you make.

The points you earn are worth statement credits on any travel expense. Each mile is worth one cent each. That means the 50,000 mile signup bonus is worth $500, enough to cover the costs of four Disney theme park tickets at peak season prices. However, it’s important to understand that purchases at Disney won’t be coded as a travel expense and you won’t be able to use your miles. Instead, you would need to purchase your Disney tickets through either Expedia.com or UndercoverTourist.com.

Another perk of the Barclaycard Arrival Plus credit card is that you will receive 5% of your rewards back in your account upon redemption. That means if you redeem the 50,000 miles for Disney tickets, 2,500 miles will be put back into your account. There is an $89 annual fee with this card, but it’s waived the first year.

Being Smart About Multiple Credit Cards

One of the big things to consider before applying for multiple credit cards, is that it’s wise to space out your applications. Too many new credit requests all at once can ding your credit scores, meaning your application for your second, third or even fourth card could be declined. Plus, multiple credit cards aren’t for everyone. They mean you’ll have to keep track of multiple initial-spend requirements, plus multiple due dates for your monthly payments.

Also keep in mind that, while the rewards may be attractive, especially if you’re trying to take a free vacation, you may not want (or be able) to spend the necessary amounts to reap those rewards. It’s important to understand whether or not that kind of spending will fit within your household’s budget. The last thing you want to do is end up coming home from Disney World with debt you’ll struggle to pay off.

Whatever you decide, checking your credit scores before applying is an important step. It can help you understand whether you’ll actually qualify for the particular rewards card you have your eye on (rewards credit cards tend to require higher credit scores). You can get your two credit scores absolutely free and updated every 14 days, right here on Credit.com.

At publishing time, the BarclayCard Arrival Plus World Elite MasterCard is offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

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Dine Out Much? You Can Get 10% Cash Back With These New Amex Offers

New American Express Blue Cash Preferred and Blue Cash Every Day card members can get up to $200 cash back from dining out.

American Express is enabling anyone looking to go on a restaurant binge with its latest offer for new members of its Blue Cash Preferred and Blue Cash Everyday cards. Anyone who successfully applies for either card from Feb. 28 through May 3 will get 10% cash back on purchases at restaurants in the United States within the first six months of having the card, up to $200.

New card members can also get a welcome bonus: at least $150 for Blue Cash Preferred and at least $100 for Blue Cash Everyday, if they spend $1,000 within the first three months of opening the account. (Make sure you read the offer details for more information.) This comes as a statement credit. The restaurant cash bonuses also come in the form of statement credits that show up on monthly billing statements within eight weeks after purchase. These bonuses come on top of the existing perks of the cards, including extra cash back on purchases at supermarkets and gas stations.

To qualify for the 10% cash back on restaurant purchases, the restaurant must be located in the United States, not merely owned by a U.S. company, like say, the Hard Rock Cafe in Paris.

So how far does this bonus go? To get the full $200, you’d have to spend $2,000 at restaurants in six months.

To get there, you’d have to order the Bloomin’ Onion (at $8.99) at Outback Steakhouse 223 times (for a total of 435,742 calories) minus tax and tip. You and your family could also order the Tour of Italy — that’s a sleep-inducing combo of chicken parmigiana, lasagna classico and fettuccini alfredo — at Olive Garden 114 times to get the $200.

If you’d like to get there in a classier (and faster) way, you need only order the $55 bone-in rib-eye steak at Capital Grille 37 times. In contrast, it would take more than 500 Big Macs, at $3.99 apiece, to earn the full bonus, or 333 if you want fries and a drink — Super Size Me indeed. At Masa in New York City, where a meal for two reportedly runs about $1,500, only a single sitting might suffice.

Aiming for this bonus might not be the most frugal choice, but if, after you get the $200, you want to stretch your dollar, we came up with a few ways you can do that, like sharing your meal and ordering off the lunch menu. And if you dine out habitually, these credit cards might be for you. Of course, before you apply for any credit card, it’s important to take a look at the fees and interest rates it carries to make sure it fits your budget. You’ll also want to check your credit (you can see two of your credit scores for free every 14 days on Credit.com) to get an idea of whether or not you’ll qualify. In general, rewards credit cards tend to require good credit scores of applicants.

At publishing time, the American Express Blue Cash Preferred and Blue Cash Everyday cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

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6 Ways to Make (Legit) Money While You Sleep

You work hard for your money. Now it's time to make your money work hard for you, even when you're snoozing.

Whether you’re trying to pay off debt, top off your emergency fund or invest more, a little extra monthly income can get you there faster.

But there are only so many hours in a day — and maybe adding another side hustle to your busy schedule just isn’t possible. Wouldn’t it be great if you could somehow earn more without working additional hours or hitting up your boss for another raise? That’s what happens when you create passive income streams.

“Passive income’s great because it increases your cash flow and allows you to save [more],” says financial adviser Craig J. Ferrantino, president of Craig James Financial Services, LLC in New York. “The initial effort in some cases is minimal, and you have the ability to collect money on those efforts over a period of time.”

Of course, investing in the stock market can provide earnings over time through market returns and the magic of compounding. But there are also ways to create steady streams of passive income that pay out at regular intervals.

These efforts don’t come without risk. But with careful planning and consideration, you can lower the risks — and initial costs — and increase the potential benefits.

Here are six paths to passive income that may be worth pursuing.

1. High-Dividend Stocks

When you purchase stock in a company that pays dividends to its shareholders, you’ll start earning a percentage of the company’s profits automatically. For example, if a company pays an annualized dividend of 50 cents per share and you own 500 shares, you’ll get an extra $250 in your pocket—for doing nothing more than being a shareholder. (Most companies pay dividends on a quarterly basis, so you’d earn about 13 cents per share each quarter.)

Certain industries, like public utilities, financial services and oil, tend to pay higher dividends than others, so do your homework with resources like Yahoo! Finance’s stocks screener or by talking to an adviser.

“If you’re going after dividend income, the sweet spot is not the company that’s currently paying the highest yield, but the companies that are likely to generate growth in dividends in the coming months and years,” says Rob Brown, a Certified Financial Analyst and chief investment officer at United Capital. “Pay attention to what companies and industries are thriving now; they are most likely to raise the dividends they’re paying now in the future.”

You may also choose to reinvest your dividends, which allows you to buy more shares even without spending more money, so you can benefit more when the price rises.

One caveat: Remember that there are risks involved with investing in individual stocks—even ones with high-dividend yield—as the price of the stock can go up or down. You can lower your risk by investing in an index or other low-cost funds, which contains shares of many companies. One option is to look for dividend-paying ETFs, or exchange-traded funds, which are funds that trade like stocks.

2. Bonds

Purchasing bonds can be another good way to earn consistent passive income, though the amount you’ll receive depends on the fluctuating bond market. “Bondholders [usually] receive a check every six months for the interest earned in loaning the entity money, and, in turn, get their principal back at maturity,” Ferrantino explains.

There’s a wide variety of bonds to choose from, including U.S. Treasury bonds, municipal bonds and corporate bonds. Each has its own maturity date, minimum investment, interest rate and payout. For instance, Treasury notes mature in two to 10 years and pay interest semiannually at a fixed rate (currently about 1% to 2%, depending on term lengths, and it is exempt from state and local taxes), while corporate bonds pay taxable interest and can have maturities ranging from a few weeks to 100 years.

Before purchasing bonds, make sure you know what you’re getting into—and what you will get out of it.

3. Rental Properties

Acquiring and maintaining rental property can require a lot more investment and sweat equity than other types of passive income, both upfront and over the years (if the roof leaks or the boiler breaks down in a rental property, you’re on the hook for it). But rental properties can also provide lucrative, ongoing income for many years to come.

“Rental properties in a market you understand can be a fantastic passive investment,” says Jeffrey Zucker, a seasoned angel investor and property management entrepreneur in Chicago. “I look for large or fast-growing housing markets, where people are clamoring for affordable, nice places.”

Before purchasing a rental property, Zucker recommends comprehensive due diligence to ensure that you can cover your costs—which likely include insurance, taxes and maintenance—and turn a profit on top of that. You want to invest in a property that will draw continued interest from renters and increase in value.

He also recommends using an experienced property manager. “There are some great property management companies out there that can assist to make leasing out rental properties truly passive mailbox money,” Zucker says. “Having managed our own properties for a few years prior to partnering with a company, we learned the long hours and effort that go into maintaining properties and dealing with tenants — and how much better those who focus solely on this role are at the job.”

4. Rewards Credit Cards

This might seem like an odd addition— and this is not a strategy to pursue unless you are able to pay off your bill in full each month. However, if you can use credit responsibly and avoid racking up debt, rewards credit cards can provide easy income, thanks to perks like cash-back bonuses. For instance, use a cash back credit card for all your household expenses — and pay it off at the end of the month — and you’ll earn money simply by making necessary purchases.

“My rewards have paid for a variety of travel experiences, and I have friends that use their points to pay exclusively for a certain [budget] category, like gas or household bills. It’s nice for them to cross an expense off simply by doing all of their planned spending on the right card,” Zucker says. “Be careful though, as many of the best rewards cards have high interest rates for any carry-over debt.”

5. Peer-to-Peer Lending

Also known as “marketplace lending,” peer-to-peer lending is the practice of individuals loaning money to others in place of a bank or other financial institution. In recent years, platforms like Prosper and Lending Club have made these crowdfunded loans more widely available to borrowers and opened the possibilities for investors.

“New, technology-driven intermediaries have been coming in and replacing banks to make small loans to businesses or individuals, and they offer many comparative advantages,” Brown says.

Remember, though, that while investing through a peer-to-peer marketplace can pay off, there are still risks involved and borrowers may default on their debts. One way to protect yourself, Brown says, is by requiring that borrowers’ credit quality is above a certain level, depending on your appetite for risk. You can also reduce risk by diversifying your investment across many different loans.

6. Renting Unused Space

The sharing economy is in full force, and if you have extra space in your home or spend a lot of time out of town, you can join in and earn some extra cash. Thousands of people are renting out their homes through Airbnb, and sites like Liquid Space and Breather offer opportunities to place your office or home up for rent during daytime hours. (Airbnb hosts renting a single room in a two-bedroom home cover, on average, a whopping 81% of their rent, according to one report.)

“Any unused space is an asset worth renting out if there is demand in your market,” Zucker says. “[Online marketplaces] offer consumers easy ways to make some extra money on rooms that would otherwise be doing nothing for them.”

This article originally appeared on Grow.  

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

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The Best Rewards Credit Cards for People on a Tight Budget

Interested in a rewards credit card but don't shop that often? These cards have your number.

Everywhere you look, there are credit cards offering huge signup bonuses. Unfortunately, those cards almost always require a large initial spend. If you are on a limited budget, spending $4,000 or more over a three month period might not be an option. But that doesn’t mean there isn’t a reward card for you. There are plenty of cards available that are perfect for low spenders. Here are five of our favorites.

Chase Freedom

One of the best reward cards available right now is the Chase Freedom card . For anyone with low monthly expenses, this might be the perfect fit. You will have the chance to earn a $150 signup bonus, and you only need to spend $500 in the first three months. That should be doable for many people. Plus, if you add an authorized user, you will earn an additional $25 after they make a purchase in the same three-month period.

This card can really make a difference in your ability to earn bonus rewards. Each quarter there is a rotating set of categories, allowing you to earn 5% cash back. One quarter it might be restaurants and department stores, the next quarter it might be home improvement stores and ground transportation. Even if you don’t spend much, 5% can make your rewards add up quick. One thing to keep in mind is that there is a limit of $1,500 within the 5% categories each quarter. All other purchases will earn 1% back.

As an added bonus, this card comes with an introductory 0% APR for 15 months on purchases and balance transfers. Once the introductory period is over, the APR will change to a variable 15.49% to 24.24%, depending on your creditworthiness when you apply. (You can read more about how credit card interest works here.) This card has no annual fee.

Blue Cash Everyday Card From American Express

Even with a small budget, there is a good chance a large portion of that goes toward groceries. If so, then the Blue Cash Everyday card from American Express could be a great fit for you. You will earn 3% cash back on the first $6,000 spent each year at grocery stores. You will also receive 2% cash back at gas stations and department stores. Any other purchase you make with the card will earn 1% back.

With the Blue Cash Everyday card, you will receive a $100 signup bonus after spending $1,000 in the first three months. You will also receive an introductory 0% APR for 12 months on purchases and balance transfers. Once the introductory period has ended, the APR will become a variable 13.49% to 23.49%, based on your credit standing. This card has no annual fee.

Citi Double Cash Card

The Citi Double Cash Card is perfect for anyone who’s looking for a straightforward cash back card. There are no rotating categories or bonus rewards to remember. Every purchase you make will earn 2% back. You will earn the first 1% when you make the purchase. You will then earn a second 1% back after you pay off the purchase. One possible downside to this card is that there isn’t a signup bonus. (Full Disclosure: Citibank, Chase, American Express, US Bank and Barclaycard advertise on Credit.com, but that results in no preferential editorial treatment.) 

If you are carrying a balance on your current card, then the Citi Double Cash card might be able to save you some money. (Keep in mind you do not earn cash back on balance transfers.) You will receive an introductory 0% APR for 18 months on balance transfers. After the promotional period has ended, the APR will become a variable 13.49% to 23.49%. This card has no annual fee.

US Bank Cash+ Visa Signature Card

The US Bank Cash+ Visa Signature Card is perfect for low spenders because it gives you the ability to earn cash back on your own terms. You will be able to receive 5% back on up to $2,000 per quarter from two categories of your own choosing such as cell phone bills, movie theaters and fast food. In addition, you will be able to earn 2% cash back from an everyday spending category like groceries, gas and restaurants. All other purchases will earn 1% back.

This card offers 0% introductory APR on balance transfers for the first year. Purchases carry a variable APR of 14.49% to 23.49%, based on your creditworthiness. After that, the purchase APR will apply. This card has no annual fee.

Barclaycard CashForward World MasterCard

The Barclaycard CashForward World MasterCard is another hassle-free cash back card. With it, you will receive an unlimited 1.5% back on every purchase you make. You will also receive a 5% bonus when you cash out your earnings. This card also comes with an attainable signup bonus: You will receive $100 after spending $500 in the first three months.

Just like the other cards on this list, you will not pay an annual fee. This card offers 0% introductory APR on balance transfers for the 15 months. Purchases carry a variable APR of 15.24%, 20.24% or 25.24, based on your creditworthiness. After that, the purchase APR will apply.

At publishing time, the Chase Freedom, Blue Cash Everyday Card from American Express, Citi Double Cash and Barclaycard CashForward World MasterCard are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for these cards. However, these relationships do not result in any preferential editorial treatment. This content is not provided by the card issuers. Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuers.

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Feeling Charitable? These 5 Credit Cards Make Giving Easy

Affinity credit card programs offer a way to support the causes and charities near and dear to your heart. Here are some of the leading options.

When it comes to credit cards, there are countless options out there, whether you’re seeking to accumulate travel rewards, cash back or points for purchases.

But what if you want to do something a bit more altruistic with your credit card spending? Perhaps help save the planet, the polar bears or even the park down the street from your house?

There are a handful of credit cards designed to help you do good things for your community while you’re spending. Affinity credit card programs, as they’re often known, offer a way to support the causes and charities near and dear to your heart. Here are some options you may want to consider. (Note: It’s important you read the card details and fine print for the most current terms and conditions.)

1. Charity Charge MasterCard

Charity Charge is a unique option when it comes to credit cards designed to allow consumers to give back. Charity Charge allows you to decide which charity will be the recipient of your giving, rather than being locked into a partnership with one specific charity. In other words, you can give to a local school, a religious institution or any other charity of your choice. (You can read more about how this works here.)

“We literally have every nonprofit in the U.S. — every single one, in our system,” Stephen Garten, Charity Charge’s CEO and founder, said. Garten also noted that the company has about 1.5 million nonprofits in its database. “We’ve got card holders supporting hundreds of different nonprofits right now.” Charity Charge cardholders can select up to three charities to be the beneficiaries of the ongoing monthly donations.

Here’s how it works: The card, issued by CommerceBank, allows users to earn 1% cash back on every purchase, which can then be donated to any charity (or up to three charities) in the United States. The 1% that cardholders donate is tax deductible.

One final point worth noting: Charity Charge covers all expenses associated with processing your donations. Translation: There are no processing fees, so all the money you donate goes directly into the charity’s pocket.

2. Bank of America Susan G. Komen Card

If you’re seeking to make a contribution to breast cancer research, consider the Bank of America Susan G. Komen card.

For each new Susan G Komen card opened, the bank contributes $3 to the Texas-based foundation dedicated to education and research related to the causes, treatment and cure of breast cancer. In addition, the Komen foundation receives 0.08% of all retail purchases made with the card and $3 for each card renewal.

This card also earns you 1% cash back on purchases, 2% cash back at grocery stores and wholesale clubs and 3% cash back on gas.

3. World Wildlife Fund Card

Yet another charitable giving card from Bank of America, this one benefits an organization focused on preserving wilderness and reducing humanity’s footprint on the environment.

Founded in 1961, the World Wildlife Fund works in 100 countries protecting forests, oceans, wildlife and more.

The WWF card works in much the same way as the Komen card: The nonprofit receives $3 for each card opened, 0.08% of all net retail purchases made with the card and $3 for each annual card renewal.

4. American Express Members Give

Through the American Express Members Give program, cardholders can donate their rewards points to more than 1 million charities.

Much like Charity Charge, American Express members can give to multiple charities if they choose. The card allows members to donate to charities and nonprofits focused on health and human services, education, the environment and more. The donations are tax deductible.

5. Capital One No Hassle Giving Site

The Capital One No Hassle Giving Site is a slightly different spin on the idea of credit cards focused on giving back. Rather than offering a specific card that contributes a percentage to a particular charity, Capital One created a site that facilitates making donations to charitable organizations with your credit card. (You can see some of the best Capital One credit cards here.)

The credit card giant partnered with Network for Good and GuideStar to create its No Hassle Giving Site. Network for Good processes donations made through the site and disburses the money to the charities, while GuideStar provides the site’s database of charities. All of the charities listed are registered with the Internal Revenue Service.

Capital One credit card holders who are members of the company’s No Hassle Rewards program can also earn rewards points for their donations. And finally, when making a donation through the site, Capital One covers transaction fees, so 100% of the money you give goes to the charity.

Before Adding a New Card to Your Wallet …

It’s great that you want to find a card that can not only help you shop but also offers a reward system. But deciding which type of rewards credit card is only part of what you should think about before getting new plastic. After all, there are all types of rewards credit cards beyond the standard ones that give cash back or travel rewards, like those that reward students for good grades.And it’s perhaps most important you consider things like annual fees, interest rates and your spending habits to figure out if you can truly afford this new card. Before you apply, you’ll want to read all the fine print that comes with each card you’re considering to see what you’d be signing up for.

It’s also a good idea to review your credit, as many cards require you have a certain credit score to be eligible. (Note: Checking your own credit will not harm your scores in any way. You can see two of your credit scores for free, with updates every 14 days, on Credit.com.) Once you’ve reviewed your finances and checked your credit, you may also want to read more about the cards you’re considering. We’ve got a plethora of in-depth credit card reviews here that can help you get started.

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28 Ways to Save For This Year’s Big Adventure

Here are 28 tips for saving money on travel, starting with opening a savings account.

If it seems your friends and coworkers are always off on their next big international excursion and you’re stuck at home trying to figure out how you’re going to pay this month’s utility bill, we’ve got some good news for you. That dream of lazy days on white-sand beaches or gentle afternoons reflecting in the Louvre is actually possible, even if you think you can’t afford it.

We’ve put together 28 mostly pain-free ways to start setting aside money today so you can turn your dream vacation into reality.

Everyday Ways to Save

1. Open a vacation savings account.

Automating your savings — whether for a vacation, retirement or a down payment on your dream home — makes the process so much easier. Even if you’re only able to save $5 a week at first, you have an account established and can plunk savings from the following list of ideas in there whenever possible. And make sure it’s a free account with a low enough minimum balance requirement so that it won’t end up costing you money.

2. Save your change.

You can really up your simple savings game by using a bank service like Bank of America’s Keep the Change program, which automatically rounds up your debit card purchases to the nearest dollar and deposits the difference into your savings account.

If you’re not quite ready to take this step, you can start saving your change the old-school way by grabbing a jar and emptying the change from your pockets or wallet into it at the end of the day. Don’t hesitate to throw some paper bills in there as well.

2. Cut back on your food budget.

It’s amazing the money you can save on food with just a little advanced planning — like making a weekly menu and buying your groceries strictly around that list, cooking in batches so you have meals prepared ahead of time, eating this 16-cent breakfast and avoiding the impulse to eat out or get delivery.

3. Cut back on duplicates.

Do you really need the Oreos and the Milanos? Probably not. Still, treat yourself to some cookies, but choose one to put back.

4. Put a stop to loose spending.

A little advance planning can go a long way toward saving money. For example, shop for next year’s winter coat during this year’s winter sales. You’ll save money by avoiding impulse buys and giving yourself time to find good deals.

5. Cancel your subscriptions & memberships.

Do you actually know how much you spend each month on subscriptions to websites, like your streaming services, magazines, and the gym you swore you’d hit three times a week? Make a list, including amounts you spend each month, and then prioritize that list. Cut out anything you don’t use regularly and bank that money in your vacation account (or change jar).

6. Walk to and from work.

If you live in a walkable city, consider commuting by foot instead of by car or public transit. Not only will it save you some cash, it’s a good, healthy habit.

7. Go to the library.

Want to know what’s even better than getting the latest James Patterson book? Getting it for free. You’ll get to lose yourself in a great story, all while saving up for your own adventure.

8. Wash your car by hand.

If you use one of those automated drive-through washes, or especially a fancy handwash place, you can save a ton of money. The average drive-through costs nearly $10, and the premium carwashes can be as much as $30 for just the basic wash and vacuum. Instead, grab your hose and a bucket or, if you live in an apartment, head to one of those do-it-yourself stalls and then tuck away the savings.

9. Stay home.

It’s that simple. If your friends want to get together, ask them to come over and watch a movie, or have a potluck dinner. Even if you’re spending just $20 or $30 on a once-a-week outing, that can add up to some serious money over just a few months.

10. Make a no-gifts agreement.

The holidays can get ridiculously expensive ridiculously fast. The average American planned to spend around $929 for gifts this past holiday season, according to a report by American Research Group. Instead of spending all that money on things your friends and loved ones may not even want, see if they’ll agree to skipping the gifts this year. Maybe you could all book a holiday trip together instead. Two birds …

11. Cut back on your habits.

If you regularly drink, smoke or take illegal drugs, you probably already know these habits are expensive. For example, a pack of cigarettes can cost nearly $13 in New York, so if you’re a pack-a-day smoker, that’s more than $4,700 a year. That’s a seriously nice vacation fund, not to mention the health benefits of quitting. You can start small, too, if that’s easier.

12. Get a side gig.

If you have no interest in changing your lifestyle and spending, you could always get a second job and use those earnings for your next vacation. You could do the same if you’ve looked at your budget and there’s simply no way to cut back any more than you already have. Of course, if this is your situation, it’s probably more important that you set aside savings for possible emergencies before considering any travel savings.

13. Clip coupons & use savings apps.

You really can save a lot of money using coupons, especially if you manage to hit double or triple coupon days. And using apps or discount services can help you save on your everyday purchases as well.

14. Give yourself plenty of time to save.

All of the above can add up to some pretty dramatic savings, but you’ll still need time to accumulate enough money for a significant getaway. The farther in advance you plan your trip, the less you’ll have to cut corners to save up for it. It’s usually a lot easier to set aside $200 a month for a year than $400 a month for six months.

Ways to Leverage Your Credit

15. Get a new rewards credit card.

If you don’t already have a card that lets you earn points or cash back, now’s a great time to consider it. Even if you don’t have stellar credit, you may qualify for a card that can help make your vacation dreams a reality. Check out some of the best rewards credit cards you can get to see which best fits your spending and savings needs.

16. Improve your credit.

If you don’t qualify for the rewards cards you want, it’s time to start working on your credit. Not only can having great credit help you get the best terms on that new credit card you want for your trip, a good credit score may be able to help you save on insurance premiums and avoid paying deposits for new services. You can read more about how to quickly improve your credit score, and you can see how you’re doing by reviewing two of your credit scores for free. Not sure where to start? Take a look at this guide, which will go over steps to help you rebuild your credit.

17. Score a signup bonus.

Lots of travel rewards credit cards offer bonus miles if you spend a certain amount in your first few months. So if your wallet and credit score can handle it, consider adding one of these cards to your wallet. (Don’t get carried away, though. There are plenty of downsides to credit card churning.)

18. Transfer your credit card balances.

If you’re already carrying balances on your credit cards, getting those paid down should be a top priority. One of the easiest ways to do this is by applying for a new credit card with a 0% introductory balance transfer offer. Some cards have offers as long as 18 months. That can result in a big savings on interest.

Ways to Power Plan

19. Book smart.

Timing is everything when it comes to booking your airfare. Experts recommend booking domestic flights about six weeks out; international flights may require more lead time.

20. Score a companion pass.

Whether you’ve saved enough miles or your friend has you covered, a companion pass — offered through your rewards credit card — can save you a bundle.

21. Google flights.

Enter your destination, fare type and dates, and a number of options should pop up. The site’s also helpful for exploring nearby destinations, and you can sign up for fare alerts.

22. Check Travel.State.Gov.

Before you set your budget, visit this site to see what’s required in terms of passports, visas, vaccines, and more.

23. Visit Wiki Travel.

An excellent tool for sussing out a new place, this user-generated site can give you a sense of whether it makes sense to visit. You can see more great travel websites to bookmark here.

24. Book through your credit card issuer’s travel portal.

Most give you more bang for your buck when it comes to redeeming or earning rewards, like the Chase Sapphire Reserve, which offers 50,000 points if you spend $4,000 in your first three months — equivalent to $750 in travel booked through the Chase Ultimate Rewards portal. Or the American Express Platinum, which offers five times the points on airfare booked directly through the issuer or airline.

25. Ask hotels for a discount.

Skip the search engine and call a hotel directly to ask about their lowest nonrefundable rate. If you strike out prior to your trip, ask the concierge whether any upgrades are available when you get there.

26. Sign up for a loyalty program.

Most hotels and airlines have one, and they’re generally free to join. Rack up points where you can (say, on your flight home for the holidays) and then look into pooling them with credit card rewards to fast-track an award flight or hotel stay.

27. Prioritize your itinerary.

You can’t see and do everything at your travel destination, and trying to do so will likely only stress you out and break your budget. Prioritize the travel items on your to-do list so it’s easier to make a cut when your budget calls for it.

28. Avoid the peak season.

A quick internet search will tell you when your destination of choice is particularly popular. If the vacation you want is still possible during off-peak travel times, consider trying to go when there’s lower demand. It can help you save on travel and accommodation costs.

At publishing time, the Platinum Card from American Express is offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer. Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer.

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

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BankAmericard Travel Rewards vs. Capital One Venture Rewards: Which Card Has the Most Value?

We compare the costs and rewards two of the top travel credit cards available.

If you are looking to add a new general travel card to your wallet, then two of the best options are the BankAmericard Travel Rewards card and the Capital One Venture Rewards card. Both of these cards offer their cardholders a simple approach to earning travel rewards. Each has a flat reward rate on purchases, and neither requires you to remember a bunch of different bonus categories.

Let’s take a look at everything these cards have to offer and how they differ from each other. That way you will be able to make a decision on which card would be the best fit for you.

Comparing the Rewards

When you compare credit cards, one of the first things people consider is whether or not the cards have a signup bonus. While both the BankAmericard Travel Rewards card and the Capital One Venture card offer an attractive signup bonus, Capital One has the advantage.

With the Capital One Venture card, you will receive 40,000 miles after spending $3,000 within the first three months of being a cardmember. This is good for a $400 statement credit on a travel expense. In addition to the signup bonus, cardholders will also receive two miles per $1 spent on all purchases.

The BankAmericard Travel Rewards card offers new cardholders 20,000 points after spending $1,000 in the first 90 days. This has a value of $200 toward travel expenses. While this is half of what you can earn from the Capital One Venture card, it also requires only half the initial spend. For some, this might be easier to accomplish. To go along with the signup bonus, you will earn 1.5 points per $1 spent.

Take note, Bank of America banking customers: You have the potential to earn much richer rewards with the BankAmericard. Just for having a checking or savings account you will receive a 10% bonus on the points earned. If you are a Preferred Rewards client, with $20,000 or more in a Bank of America or Merrill Lynch investment account, then you can earn up to a 75% bonus, or 2.6 points per dollar spent.

Redemptions Made Easy

One of the reasons why both of these cards are so popular with travelers is because redemptions are so easy. The rewards you earn don’t need to be transferred to different loyalty programs, and there are no blackout dates on travel. You can simply use the rewards you have as a statement credit toward travel expenses, or you can book travel directly through the issuers’ online travel portals. No matter which way you go, the process is painless. Plus, as long as your account stays open and active, your rewards will never expire.

If for some reason you decide not to use your rewards for travel, there are other options available as well. Just keep in mind that each of these will give you a value less than the normal one-cent-per-point. You will be able to redeem rewards from the Capital One Venture Rewards card for either gift cards or cash back. The rewards you earn from the BankAmericard Travel Rewards card can be used to fund a mortgage, IRA or 529 plan with Bank of America or Merril Lynch. You can also redeem them for gift cards, cash back, or to make a charitable contribution.

How The Fees Stack Up

The Capital One Venture Rewards card might have the higher signup bonus, but it also includes a $59 annual fee (waived the first year). You would never pay an annual fee on the BankAmericard Travel Rewards card, and neither card carries foreign transaction fees.

It’s a good idea to pay off your purchases at the end of the month to avoid paying interest, but if you do need to carry a balance, then the Capital One Venture card may be a little less expensive. It’s standard purchase APR is a variable 13.49% to 23.49%, whereas the BankAmericard Travel Rewards card is 15.49% to 23.49%. The APR you receive depends on your creditworthiness. (Pro tip: Check your credit before you apply for a credit card, to get an idea how likely you are to get approved and qualify for a lower APR. You can see two of your credit scores for free on Credit.com, and they’re updated every 14 days. If your credit could use some help, check out these tips on how to quickly improve your credit score.)

Why You Might Pick the Capital One Venture Rewards Card

The Capital One Venture Rewards card is a great option for anyone wanting a general travel credit card with a simple reward system. The card has a high signup bonus, double what you would receive from the BankAmericard Travel Rewards card. Plus, you earn double points on every purchase you make.

However, even though it waives the annual fee the first year, you would need to be able to justify the $59 fee each subsequent year. At a redemption rate of 100 miles per $1 and an earnings rate of 2 miles per $1 spent, you would need to spend $2,950 on the card per year to break even. If you spend more than that each year, then this is a solid credit card to put in your wallet.

Why You Might Pick the BankAmericard Travel Rewards Card

If you are a Bank of America banking customer, then you’ll want to give serious consideration to the BankAmericard Travel Rewards card. Standard banking customer will earn a 10% bonus on the base reward rate of 1.5 miles per dollar spent. However, if you have $20,000 or more in your qualifying account, you can become a Preferred Rewards client, which allows you to earn 25% to 75% bonus, depending on your qualifying account balance. This would also be a great card to have if you’re not a big spender and can’t justify the annual fee on the Capital One Venture card.

At publishing time, the BankAmericard Travel Rewards and Capital One Venture cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

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Chase Sapphire Preferred vs Capital One Venture: Which Should You Get?

chase-sapphire-or-capitol-one-venture

When people talk about travel credit cards, the Chase Sapphire Preferred and the Capital One Venture, are almost always in the conversation. Both cards offer some of the biggest and most popular reward cards currently available and can be great options if you have excellent credit. They are also quite similar to each other. Because of that, it can be difficult to decide between the two, when looking to add a new card to your wallet.

Within this article we are going to walk you through the different parts of each card. This will help you decide which card might be the best fit for you.

Comparing the Rewards

When you sign up online for the Chase Sapphire Preferred card you will receive 50,000 Chase Ultimate Reward points after spending $4,000 in the first three months. Plus, you will receive an additional 5,000 points when you add an authorized user and they make a purchase during the same three-month period. (Note: There is a differential if you account for the Chase Sapphire card’s original 100,000 bonus points, which are still available, but only if you apply at a branch by March 12.)

When you use your card at restaurants and on travel, you will receive two times the points. Every other purchase made with this card will earn one point.

The Capital One Venture card comes with a signup bonus of 40,000 miles after spending $3,000 in the first three months. You will then earn two times the miles on every purchase you make.

Redeeming the Rewards

Chase Ultimate Reward points are a favorite for many because of how they can be redeemed. If you book travel through Chase Ultimate Rewards, your points will be worth 1.25 cents each. By going this route, you will be able to pay for portions of a trip, even if you don’t have the points to book the entire thing.

Where you will find the most value from your points, is by transferring them 1:1 to the following loyalty programs:

  • Air France/KLM Flying Blue
  • British Airways Executive Club
  • Korean Air SKYPASS
  • Singapore Airlines KrisFlyer
  • Southwest Rapid Rewards
  • United MileagePlus
  • Virgin Atlantic Flying Club
  • Hyatt Gold Passport
  • IHG Rewards Club
  • Marriott Rewards
  • Ritz-Carlton Rewards

By transferring your points to loyalty programs, many people are able to get a much higher value than 1.25 cents.

Capital One Venture miles are extremely popular with cardholders because of the flexibility they have. Each miles is worth one cent each and you can use them in a couple of different ways. You can book travel directly through Capital One, or you can book travel on your own, and then redeem your miles for a statement credit.

Both of these cards also give you option to redeem rewards for things like gift cards and merchandise, but you won’t get near the value you do when booking travel.

The Fees

Both the Chase Sapphire Reserve and the Capital One Venture card waive the annual fee the first year. Then for each subsequent year, the Chase Sapphire Preferred charges $95 and the Capital One Venture card is $59.

Both the Chase Sapphire Preferred and Capital One Venture cards do not have foreign transaction fees. That makes both of these cards perfect for travel outside the United States.

Which One Is Right for Me?

As you can see, both of these are excellent options for anyone looking to pick up a new travel credit card. Both cards offer a generous signup bonus and the ability to earn double points on purchases. When deciding which card would be the best fit for you, it will come down to redemption. If you are looking for something that is a little more flexible, then the Capital One Venture card might be best.

However if you don’t have a problem booking your travel through individual loyalty programs, and know how to search for optimal value, then the Chase Sapphire Preferred card would be a great fit.

No matter which card you decide to go with, you’re likely going to be very satisfied with your choice. Before applying, it’s a good idea to check your credit scores to make sure there aren’t any errors or surprises on your credit reports that will keep you from being approved. It’s easy to get your two free credit scores, updated every 14 days, on Credit.com.

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

At publishing time, the Capital One Venture credit card is offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

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5 Seriously Simple Cash Back Credit Cards

These simple cash back credit cards are a good fit for folks who don't like to think too long or hard about what rewards cards are in their wallet.

Keeping track of the rewards you earn with credit cards can be a real headache. Some cards offer different cash back amounts for different categories of spending. Some cards offer bonus cash back on categories that change every quarter. Unless you have the time to keep track of everything, well, then, the struggle can be real.

If you don’t want to spend too much time thinking about what rewards credit card is best to use each time you swipe, a flat-rate cash back credit card might be just what you need. These cards offer straightforward rewards programs that net you the same amount of cash-back every time you make a purchase. (Just be aware: These cards tend to require good credit, so if you’re in the market for one, you’ll want to check your scores before you apply. You can do so by viewing your free credit report snapshot, updated every 14 days, on Credit.com.)

Here are our picks for the best flat-rate cash back credit cards.

1. Citi Double Cash Card

The Citi Double Cash card is one of the leading cash back cards on the market today. You have the chance to earn up to 2% back on every purchase you make. You earn 1% when you actually make the purchases, and another 1% when you pay it off. This card also comes with a lengthy 18-month introductory 0% annual percentage rate (APR) on balance transfers. Once the introductory period is complete, the APR will change to the standard purchase APR of 13.49% to 23.49%, depending on your creditworthiness. The card carries no annual fee. (Full Disclosure: Citibank advertises on Credit.com, but that results in no preferential editorial treatment.)

The Citi Double Cash card also comes with Citi Price Reward. With this program, you can record your purchases and Citi will look for a lower price within the first 60 days. If they find one, you will receive the difference back to your account — up to $500 back per item and $2,500 per year. If you want more details about the Citi Double Cash Card, check out our full review here.

2. Chase Freedom Unlimited Card

One of the most recent additions to the Chase credit card line-up is the Chase Freedom Unlimited card. With this card, you’ll receive an unlimited 1.5% cash back on every purchase. You’ll also receive a bonus of $150 after you spend $500 in the first three months. When you add an authorized user and they make a purchase in the same three-month period, you can receive an additional $25 bonus.

This card includes an introductory 0% APR for 15 months on both purchases and balance transfers. After that, the APR will change to a variable 15.49% to 24.24%. This card has no annual fee.

3. Capital One Quicksilver Cash Rewards Card

When you use the Capital One Quicksilver Cash Rewards card, you will receive 1.5% back on any purchases that you make. Plus, there is no limit on the amount of rewards you can receive and they never expire as long as your account stays open. When you become a cardholder, you can receive a $100 bonus if you spend $500 within your first three months. In addition to having no annual fee, you can also receive an introductory 0% APR on purchases and balance transfers for the first 9 months. After that, the APR will become a variable 13.49% to 23.49%.

4. Barclaycard CashForward World MasterCard

With the Barclaycard CashForward World MasterCard, you will receive an unlimited 1.5% cash back on any purchases made. When you sign up, you will receive a $100 bonus after spending $500 in the first 90 days. Each time you redeem your rewards, you will receive a 5% bonus available on the next redemption. If you are looking to make a balance transfer, you will receive an introductory 0% APR for 15 months. Afterwards, the APR will change to a variable 15.24%, 20.24% or 25.24%. There is no annual fee with this card.

5. Capital One Spark Cash for Business

The last card that made our list is for small business owners. With this card, you will earn 2% back on every business purchase you make. You also have the opportunity to receive a $500 cash bonus after spending $4,500 in the first three months. You will be able to add employee cards at no additional costs and their spending will add to your reward total. Your purchase APR will be a variable 17.49%. There is no annual fee the first year, and then each subsequent year, it will be $59.

At publishing time, the Citi Double Cash, Chase Freedom Unlimited, Capital One Quicksilver Cash Rewards, BarclayCard CashForward World MasterCard and Capital One Spark Cash for Business credit cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

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