Many credit cards offer rewards for applicants with excellent or very high credit score. These cards will reward you for your spending.
This is how it typically works. For every dollar you spend you earn a percentage of cash back or points.
Cash back can obviously be redeemed for cash. And points can typically be redeemed for travel, airline tickets, hotel stays, events, and even merchandise.
While it is important to consider the rewards program you can not lose sight of the APR - as that will determine how much money the credit card issuer is actually making from you.
We suggest the Discover More Card. It offers no annual fee, an intro 0% for the first 12 months and then a low 10.99% APR.
You can earn up to 5% cash back with no limit on the amount of earnings. And their is 0% APR for the first 12 months on any balance transfer.
