Credit card industry analysts from MyRatePlan reviewed offer and information to determine what it believes to be this year’s most popular cash back credit cards
New York, NY (PRWEB) January 04, 2013
Today, MyRatePlan.com released its list of predictions for the most popular cash back rewards credit cards of 2013. Credit card industry analysts from MyRatePlan reviewed offer and information to determine what it believes to be this year’s most popular cash back credit cards. The analysts took into account rewards offerings, cash back amounts, and customer feedback in order to rank the top 3 most popular cash back rewards credit cards of the year.
Here are the predictions for the top 3 most popular cash back credit cards of 2013:
1. Discover it™ Card – The Discover it Card is the new flagship card from Discover. The Discover it Card is “out to change the way people think about credit cards.” The Discover it features no annual fee or overlimit fee in addition to no foreign transaction and no pay-by-phone fee. Also, the Discover it Card features no late fee on cardholders’ first late payment, 5% cash back on restaurants and movies through March on up to $1,500 in purchases, free sign-up, and 1% cash back on all other purchases. The Discover it Card also features a Cashback Concierge to give personalized online tours to cardholders to help them take advantage of their rewards. The Discover it card sports anytime US-based human customer service, a $0 Fraud Liability Guarantee, and 0% Intro APR on purchases and balance transfers for 14 months.
2. Chase Freedom Visa – The Chase Freedom Visa also makes this year’s list of the top cash back credit cards. The Chase Freedom Visa offers $100 bonus cash back to cardholders after they make $500 in purchases within the first 3 months of owning the card. In addition, the Chase Freedom Visa offers a 0% Intro APR for 15 months on purchases and balance transfers, as well as 5% cash back on up to $1,500 spent through March at gas stations, drug stores, and Starbucks stores. These cash back categories rotate every 3 months. The Chase Freedom Visa also offers 1% cash back on all other purchases, and features no annual fee.
3. Capital One Cash Rewards – The Capital One Cash Rewards card offers a $100 bonus to cardholders after they spend $500 on purchases within the first 3 months of having the card in addition to a 50% bonus on the cash back cardholders earn each year. The Capital One Cash Rewards card also offers 1% cash back on all purchases, no annual fee, and a 0% Intro APR on purchases and balance transfers until December 2013.
Consumers interested in applying for a new credit card can compare credit cards by different categories including cash back, rewards, annual fees, credit score, and more using MyRatePlan’s comprehensive credit card comparison tool here: http://www.myrateplan.com/creditcards/
MyRatePlan.com, founded in 1999, has been a leader in the consumer and business comparison-shopping arena for over a decade. By developing proprietary tools and calculators, and employing a full-time staff of researchers and writers, MyRatePlan aims to simplify the decision process for buyers across a number of business and household verticals including mobile phones, wireless plans, business phone service, residential phone service, credit cards, insurance, satellite and cable TV, loans, Internet service, web hosting, and more.