What are the Top Credit Cards for 2021?

Credit cards have become an essential part of our daily lives. They offer a convenient and secure way to make purchases, and many come with rewards and benefits that can save you money. With so many credit card options available, it can be overwhelming to choose the right one for you. In this article, we will go over the top credit cards for 2021.

1. Chase Sapphire Preferred

The Chase Sapphire Preferred is a populartravel rewards credit cardthat offers a sign-up bonus of 100,000 points after spending $4,000 in the first three months. The card also offers 2x points on travel and dining purchases and 1x point on all other purchases. These points can be redeemed for travel, cash back, or transferred to partner airlines and hotel loyalty programs.

2. Citi Double Cash

The Citi Double Cash card is acashback credit cardthat offers 2% cash back on all purchases, 1% when you make a purchase and 1% when you pay it off. There areno annual fees, and the card offers a long introductory period of 0% APR for balance transfers.

3. American Express Platinum

The American Express Platinum card is a premium travel rewards credit card that offers a wide range of perks and benefits. The card offers a sign-up bonus of 75,000 points after spending $5,000 in the first six months, and 5x points on flights and hotels booked through the Amex Travel portal. Other benefits include access to airport lounges, hotel status upgrades, and statement credits for travel expenses.

4. Discover it Cash Back

The Discover it Cash Back card offers 5% cash back on rotating categories each quarter, such as grocery stores, gas stations, and restaurants. There is no annual fee, and the card offers a long introductory period of 0% APR for purchases and balance transfers.

5. Capital One Venture Rewards

The Capital One Venture Rewards card is a travel rewards credit card that offers a sign-up bonus of 100,000 miles after spending $20,000 in the first 12 months. The card also offers 2x miles on all purchases and no foreign transaction fees. These miles can be redeemed for travel expenses, transferred to partner airlines and hotel loyalty programs, or used for statement credits.

When choosing a credit card, it's important to consider your spending habits and financial goals. If you travel frequently, a travel rewards credit card may be the best option for you. If you prefer cashback rewards, a cashback credit card may be more suitable. Additionally, it's important to read the terms and conditions carefully to understand the fees, interest rates, and rewards.

To maximize the benefits of your credit card, it's important to pay your balance in full each month to avoid interest charges. You can also save money by taking advantage of rewards and benefits, such as cash back, statement credits, and discounts on travel expenses.

It's also important to be aware of the fees associated with credit cards, such as annual fees and foreign transaction fees. Some credit cards offer waived or reduced annual fees for the first year, so it's important to take advantage of these offers if possible. Additionally, if you plan to use your credit card internationally, look for a card that does not charge foreign transaction fees.

In conclusion, choosing the right credit card can help you save money and earn rewards. Consider your spending habits and financial goals to determine which card is best for you. Be sure to read the terms and conditions carefully and take advantage of rewards and benefits to maximize the benefits of your credit card.