One of these credit cards even offers complimentary VIP airport lounge passes for two people, while another offers 50,000 points redeemable for $625 in hotel and airfare purchases.
New York, NY (PRWEB) January 10, 2012
DailyMarkets.com, a personal finance website based in New York that helps people save smarter and invest smarter, has just come up with a succinct list of the best Credit Cards for Excellent Credit so that US consumers who have very good to excellent credit scores can find the best credit cards with the most rewards available in the market.
Credit cards for excellent credit are mainly for people who have a credit score of 740-850. Most of these cards are rewards and travel credit cards that offer large signing bonuses and extra benefits and perks that are not offered elsewhere, with many of them offering 0% foreign transaction fee, no balance transfer fee, travel accident insurance, purchase protection, extended warranty and many more.
These credit cards offer rewards that are more lucrative than those targeted at people with lower credit scores, with some of them offering up to 50,000 bonus points within the first 3 months, and others giving large signing bonuses of 25,000 points, equivalent to $250 cash back when using the card for the first time. Many of these credit cards have no annual fee, and those that do have an annual fee offer rewards that far outweigh the annual fee.
“Banks dangle credit cards with irresistible rewards and benefits to people with excellent credit scores because these are the type of customers they seek due to their low default risk. If you have very good to excellent credit, you will have the widest selection of credit cards to choose from. Savvy consumers will be able to earn more rewards and save hundreds of dollars when making daily purchases using a rewards, cash back or travel credit card,” says Grace Cheng, founder and CEO of DailyMarkets.com. “One of these credit cards even offers complimentary VIP airport lounge passes for two people, while another offers 50,000 points redeemable for $625 in hotel and airfare purchases.”
Since the best credit cards offering rewards tend to be for people with good to excellent credit, credit card issuers have ramped up rewards, such as points, cash back or airline miles, in addition to having time-limited card promotions so as to attract more new prime customers.
“In our section featuring credit cards for excellent credit, we have listed the 7 best credit cards in the market to make it easy for you to find the best credit card that will give you the most rewards,” says Grace Cheng. “Whether you like earning cash back rewards, points, airline miles or airfare discounts, you will find a credit card that suits your lifestyle and gives you valuable extra perks.”
Apart from the section on credit cards for excellent credit, DailyMarkets.com also has a guide to the best rewards credit cards, where consumers can find a listing of credit cards that offer the best rewards program. Through this section, readers can also access the full review of each of the cards listed so that they can see the advantages and disadvantages of each card when deciding which one they want.
DailyMarkets.com also has sections featuring cash back credit cards, travel credit cards, balance transfer credit cards and many more, thus making it easier for consumers to find the card that caters to their specific needs.
Consumers can check out the Best Credit Cards section, which is the most popular section in DailyMarkets.com. This detailed guide shows the star rating of each credit card, gives readers access to the full review of each card, as well as the link to the official card issuer website to apply for the card. This time-saving section lets consumers skim through the list of credit cards without having to spend hours reading reviews and looking at credit card application pages.
DailyMarkets.com is a New York-based personal finance and investing site founded in 2008 by Grace Cheng who was named as one of the ‘new kids in cyberspace’ by Financial Times in 2007. DailyMarkets.com has an exclusive personal finance section, with a special emphasis on educating US and Canadian consumers about credit cards and helping them find the best credit card for their needs. Find the best credit card in just seconds using DailyMarkets.com’s unique Credit Card Search Wizard, which is designed to help consumers find the perfect credit card based on their spending habits. Consumers can also browse through the huge selection of credit card deals such as balance transfer cards, cash back credit cards, rewards credit cards, business credit cards, travel credit cards, air miles credit cards, student credit cards, credit cards for excellent credit and more. Consumers can also check out the list of Best Credit Cards 2012. For more information, visit DailyMarkets.com.