Best Credit Card Deals (2024)
Credit cards are a convenient way to make purchases and earn rewards. One of the best ways to maximize these rewards is by taking advantage of credit card sign-up bonuses. These bonuses can range from cash back to travel points and can be worth hundreds of dollars.
In this article, we will delve into the best credit card deals available in February 2024, as recommended by financial experts and analysts. Whether you’re a frequent traveler, a cash-back enthusiast, or someone who loves premium perks, there’s a perfect credit card deal waiting for you.
Let’s explore the top options and find the ideal fit for your lifestyle and spending habits.
BEST CREDIT CARD DEAL OVERALL
The best credit card deal overall depends on your spending habits, financial goals, and preferences. Some of the top credit cards for different categories include:
Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card is an excellent credit card for earning bonus rewards on travel and dining. It is particularly valuable for individuals with a credit score of 700 or higher who enjoy traveling, are comfortable booking at least one trip through Chase, and anticipate charging more than $1,334 per month. While it comes with a $95 annual fee, the benefits make it worthwhile for those meeting these criteria.
Pros:
- 60,000 points as an initial bonus
- Up to 6.25% back when redeeming for travel
- No foreign transaction fees
Cons:
- $95 Annual fee
- 1 point per $1 base earn rate
TRAVEL DEALS
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is a travel rewards card that offers unlimited miles on every purchase, with no seat restrictions or blackout dates.
Cardholders earn 2 miles per dollar on every purchase and 5 miles per dollar on hotels and rental cars booked through Capital One Travel. The card has an annual fee of $95 and offers a one-time bonus of 75,000 miles after spending $4,000 on purchases within the first 3 months.
Pros:
- 75,000 miles initial bonus
- Unlimited 2 miles per $1 on every purchase
- Redeem for any travel-related expense
- $0 foreign transaction fee
Cons:
- Terrible cash-back redemption rate
- Not built for financing
Discover it® Miles
The Discover it® Miles credit card is a travel rewards card that offers unlimited 1.5 miles for every dollar spent on all purchases, with no annual fee. Discover also matches all the miles earned during the first year for new card members, effectively doubling the miles earned.
Cardholders can redeem miles for travel purchases, including airfare, hotels, rideshares, and more, or as a statement credit for travel expenses. The card also offers a 0% intro APR for 15 months on purchases and balance transfers, with a variable APR of 17.24%-28.24% thereafter.
Pros:
- $0 annual fee
- 1.5 miles per $1
- First-year rewards get doubled
- 0% foreign transaction fee
- Intro APRs on purchases and balance transfers
Cons:
- High regular interest rate
- Not as rewarding after the first year
Chase Sapphire Reserve®
The Chase Sapphire Reserve® is a premium credit card that offers exceptional travel rewards and benefits. Cardholders can earn 3X points on travel and dining, and 10X points on Chase Dining purchases with Ultimate Rewards®.
The card also offers a $300 annual travel credit, complimentary access to 1,300+ airport lounges worldwide with up to two guests, and 50% more value when redeeming points for travel through Chase. The annual fee for the card is $550, but the $300 travel credit and other perks can significantly reduce the cost of carrying it.
Pros:
- Initial Bonus: 60,000 points
- $300 Annual Travel Credit
- Up To 15% Back On Hotels and Car Rentals
Cons:
- High Annual Fee
- High APR
Citi Premier® Card
The Citi Premier® Card is a travel rewards credit card that offers a range of benefits and rewards for cardholders. The card has an annual fee of $95.
Some of its key features include earning 3X points on restaurants, supermarkets, gas stations, air travel, and hotels, and 1X on all other purchases, a welcome bonus of 60,000 ThankYou® Points after spending $4,000 in the first 3 months, a $100 annual hotel savings benefit, and the ability to transfer up to 100,000 points per calendar year to another Citi ThankYou account.
Pros:
- 60,000 points initial bonus
- 3 points per $1 spent on travel, gas, dining, and supermarkets (1 point per $1 on everything else)
- No foreign transaction fees
Cons:
- $95 annual fee
- No 0% intro rates
- High regular APR
CASH BACK DEALS
Wells Fargo Active Cash® Card
The Wells Fargo Active Cash® Card is a cash-back credit card that offers consistent rewards to its users. Cardholders can earn unlimited 2% cash rewards on purchases, and a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
The card has no annual fee and offers a 0% introductory APR for 15 months from account opening on purchases and qualifying balance transfers. The card also provides access to Visa Concierge and the Visa Signature Luxury Hotel Collection.
Pros:
- $200 cash reward bonus
- $0 annual fee
- 2% cash rewards on purchases
- 0% introductory APR
Cons:
- High regular APR
- Foreign transaction fee
- Balance transfer fee
Blue Cash Preferred® Card from American Express
The Blue Cash Preferred® Card from American Express is a cash-back credit card that offers rewards on groceries, streaming, gas, transit, and more. It has an annual fee of $95, but it also offers a welcome bonus of $250.
Cardholders can earn 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back on transit including taxis/rideshare, parking, tolls, trains, buses and more, and 3% cash back at U.S. gas stations.
Pros:
- $250 statement credit initial bonus offer
- Low intro APR on purchases and balance transfers
- High rewards rate
Cons:
- Annual fee starting the second year
- Above-average regular APR
- 2.7% foreign transaction fee
Chase Freedom Unlimited®
The Chase Freedom Unlimited® is a great deal as it currently offers an extra 1.5% cash back on all purchases, up to $20,000 spent in the first year. Cardholders also receive 5% cash back on travel purchased through Chase, 3% cash back at restaurants and on drugstore purchases, and 1.5% cash back on all other purchases. Additionally, the card comes with a $0 annual fee.
For financing options, new cardholders benefit from an introductory APR of 0% for 15 months on new purchases and 0% for 15 months on balance transfers.
Pros:
- Earn rate: 1.5 – 5% cash back
- 0% for 15 months on purchases and balance transfers
- $0 annual fee
Cons:
- Balance transfer fee
- Foreign transaction fee
- Potential for a high regular APR
LOW INTEREST DEALS
Wells Fargo Reflect® Card
The Wells Fargo Reflect® Card is a credit card that offers a 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers, with a variable APR of 18.24%, 24.74%, or 29.99% thereafter.
The card has no annual fee and offers cell phone protection. Balance transfers made within 120 days from account opening qualify for the introductory rate. The card does not offer any rewards or additional perks. The foreign transaction fee is 3%.
Pros:
- No membership fees
- 0% intro APR on purchases
- 0% intro APR on qualifying balance transfers
- Reports to the three major credit bureaus
Cons:
- No rewards
- No initial reward bonus
- Balance transfer fee
- High regular APR
Citi Simplicity® Card
The Citi Simplicity® Card is a credit card that offers a 0% intro APR for 21 months on balance transfers and 12 months on purchases, with a variable APR of 18.24% – 29.99% thereafter.
It has no annual fee and does not charge late fees or penalty APR for late payments. However, it does not offer rewards. The card also features a 3% foreign transaction fee.
Pros:
- 0% intro rate on balance transfers for 21 months
- 0% intro rate on new purchases for 12 months
- No annual fee
Cons:
- Balance transfer fee
- High regular APR
- No rewards
Fifth Third 1% Cash/Back Card
The Fifth Third 1% Cash/Back Card provides a low introductory interest rate for an extended period on both balance transfers and purchases, along with decent rewards on purchases.
New cardholders benefit from 0% for 21 months on transfers and 0% for 21 months on new purchases. Additionally, all purchases earn 1% cash back, and the card comes with a $0 annual fee.
Pros:
- No membership fees
- 0% intro APR on purchases
- 0% intro APR on balance transfers
- No foreign transaction fee
Cons:
- No initial reward bonus
- Balance transfer fee
- Requires excellent credit
FAQs
Q: What are the key factors to consider when looking for the best credit card deals?
The best credit card deals depend on your needs but consider interest rates, annual fees, rewards programs, and perks like cashback or travel benefits. Look for a card that aligns with your spending habits and financial goals.
Q: How can I find the best credit card deals for my specific needs?
Compare credit card offers online using reputable platforms or directly on the card issuers’ websites. Look for introductory APR, rewards structure, and any promotional offers that match your preferences.
Q: Are there any annual fees associated with the best credit card deals?
Some credit cards have annual fees, while others don’t. The best credit card deals often balance fees with benefits. Consider whether the perks and rewards outweigh any potential annual costs.
Q: What types of rewards are commonly offered with the best credit card deals?
Rewards can include cashback, travel points, miles, or specific discounts. Choose a credit card that offers rewards aligned with your spending habits and preferences.
Q: Do the best credit card deals include introductory offers or bonuses?
Yes, many credit cards offer introductory APR (Annual Percentage Rate) periods, sign-up bonuses, or initial rewards boosts. Take advantage of these to maximize the benefits of your new credit card.
Q: How can I apply for the best credit card deals?
Applying for credit card deals is typically done online through the issuer’s website. Ensure you meet the eligibility criteria, have the necessary documents ready, and understand the terms and conditions before submitting your application.
