Some of the top perks we have discovered after extensive research include large signing bonuses and a healthy amount of cash back, advantages which benefit cardholders across the board.
New York, NY (PRWEB) May 16, 2014
Personal finance website DailyMarkets.com is proud to unveil its top 10 credit cards of 2014 in preparation for Memorial Day Weekend this May. The top ten credit cards selected by DailyMarkets.com staff writers offer an extensive range of perks such as cash back, long introductory 0% APR periods and many different rewards. All types of spenders can find tips to save money with the right credit cards and enhance their shopping experience.
CEO and co-founder of DailyMarkets.com, Grace Cheng, explains, “Our top ten credit cards of 2014 cater to all sectors of today's credit card market. From first-time student cardholders to seasoned business spenders, we have taken every demographic into account.” Not only this, Cheng continues, “Some of the top perks we have discovered after extensive research include large signing bonuses and a healthy amount of cash back, advantages which benefit cardholders across the board.”
One of the main categories when it came to this year's winners is cash back. Cash back cards allow cardholders to earn a percentage of their spent money back in the form of cash rebates, which is almost like giving the cardholder a discount on their purchases just for paying with their credit card. One of the top cards in this category rewards cardholders with the opportunity to earn $100 bonus cash back after spending just $500 within the first three months of account opening. This same card and several other cash back cards in the top ten list allow users to earn 5% cash back on rotating quarterly categories, which means that by carefully planning their spending for the next few months, cardholders can save a lot of money on their purchases. Additional benefits that come with the top cash back cards include no annual fee and free FICO score access - an extremely useful tool for monitoring personal finances.
Another major category in DailyMarkets.com’s top ten credit cards of 2014 are rewards credit cards. One of the highest-ranked no-annual-fee rewards card offers new sign-ups an impressive 20,000 bonus points when spending just $1,500 within the first three months of account opening, and allows users to earn one point for every $1 spent. Another no-annual-fee card in this category allows users to earn 10,000 bonus points after spending just $500 within the first three months of having this card, as well as an additional 2,500 bonus points after making a purchase and adding an authorized user within the first three months of card membership.
In DailyMarkets.com’s top ten list for 2014, business owners can also check out the top business credit cards that will help them save on spending. The best business credit card in the list offers a signing bonus of 60,000 bonus points when spending $5,000 in the first three months, making this signing offer one of the best, if not the best, of the current business credit cards in the market. On top of this, these selected business cards offer up to 5% cash back on office supplies, internet, phone and other important business spending categories.
Credit card users looking for cards with 0% APR will also not be disappointed by this year's top ten credit cards. Amongst those selected out of the hundreds of cards reviewed, several cards offer outstanding introductory 0% APR periods, the longest of which being 18 months on both balance transfers and purchases. Such offers can help active credit card users manage their finances better, positively impacting their future saving and spending. Another particularly advantageous card in this area offers cardholders 0% APR on both balance transfers and purchases for 15 months, while having no annual fee, thus making it ideal for those looking to consolidate their spending and any outstanding balances owed.
College students who want to start establishing a credit history while in college can check out DailyMarkets.com's top rated student credit card. An essential tool for young people who want to start building a positive credit history, this card allows cardholders to earn 5% cash back in quarterly rotating categories as well as 1% cash back on all other purchases. Students using this card can also benefit from doubling the value of their cash back by redeeming it for gift certificates through specific retail partners – an option also available with other winners in our top ten list.
These top 10 credit cards boast a whole host of perks for their users, and it is often a good idea for people to combine the advantages of more than one card by selecting several credit cards that cater to different types of needs. Besides choosing the best credit card to save money on everyday purchases, consumers can also find and compare auto insurance and mortgage rates at DailyMarkets.com.
A US personal finance website founded in 2008, DailyMarkets.com has been helping savvy consumers save the most money by reviewing the best credit cards, finding the best auto insurance, mortgage rates and coupon codes. Founded by Grace Cheng, named as one of the 'new kids in cyberspace' by Financial Times, DailyMarkets.com aims to be every consumer's one-stop website when it comes to applying for credit cards, insurance and mortgages, and getting the best promo codes. Further information can be found at DailyMarkets.com.