(PRWEB) October 08, 2013
Today, credit card rewards experts from Creditnet.com, a leading credit card comparison site that allows users to compare rewards credit cards, announced their choices for the best rewards credit cards of the year. Due to increased competition, credit card companies have recently stepped up the reward programs on the credit cards they offer in order to attract new customers. To create their annual ranking of the best rewards credit cards, the experts from Creditnet took into account a number of metrics including quality and quantity of rewards offered, interest rates, introductory offers, customer reviews, and their own expert analyses.
Here are the best rewards credit cards of 2013, according to Creditnet.com:
1) Discover it Card – The Discover it Card is this year’s choice for the best rewards credit card. With the Discover it Card, cardholders receive a whopping 5% cash back on up to $1,500 in purchases on categories that rotate throughout the year, and 1% cash back on all other purchases. In addition, cardholders also receive a 0% introductory period on both purchases and balance transfers for 14 months, which means they do not have to pay interest on purchases or transferred balances until those 14 months are up. The card also features no annual fee, no overlimit fee, no foreign transaction fees, and no late fee on the cardholder’s first late payment. Lastly, Discover will not increase the cardholder’s APR if they pay late.
2) Citi ThankYou Preferred Rewards Card – The Citi ThankYou Preferred Rewards Card is another great rewards credit card for people who really want to rack up rewards points. With the Citi ThankYou Preferred Rewards Card, cardholders can earn 20,000 bonus ThankYou Points after they spend $1,500 in the first three months that they have the card – that’s enough for $200 worth of gift cards or other rewards. The card also offers cardholders 2 points for each dollar spent on dining and entertainment, and 1 point on all other purchases, all year long. The ThankYou Points that cardholders earn never expire, and there is no limit on the amount of points one can earn. In addition, the card offers a 0% introductory APR period on both purchases and balance transfers for 12 months. Points can be redeemed for merchandise, travel rewards, gift cards, cash, and more. There is no annual fee to use the card either.
3) Barclaycard Rewards MasterCard – Excellent Credit – The Barclaycard Rewards MasterCard for Excellent Credit is another one of the best rewards credit cards of 2013. With the Barclaycard Rewards MasterCard, cardholders earn 2 points for every dollar spent on gas, groceries, and utilities, and 1 point for each dollar spent on any other purchases. The card also offers a 0% introductory APR period on both purchases and balance transfers, and does not require an annual fee to use.
One of the main reasons to get a credit card in the first place is to be able to rack up rewards in the form of points, miles, cash back, and other perks. Creditnet makes finding the best credit card simple for people of all credit scores with their innovative credit card comparison tool here: http://www.creditnet.com/credit-cards/search.