Best Credit Cards of 2013, According to MyRatePlan.com

Consumer credit card experts from MyRatePlan (http://www.myrateplan.com/CreditCards) have analyzed the vast majority of credit cards on the market in order to determine the best credit cards of 2013.

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This year, a whole slate of new credit cards have been launched by credit card companies, so there are plenty of great new cards that offer everything from low interest rates, introductory APR periods, rewards points, airline miles, cash back, and more

(PRWEB) April 11, 2013

Today, credit card industry experts from MyRatePlan.com, the authority credit card comparison site on the web, announced their choices for the best credit cards of 2013. This year, a whole slate of new credit cards have been launched by credit card companies, so there are plenty of great new cards that offer everything from low interest rates, introductory APR periods, rewards points, airline miles, cash back, and more. In creating their list of the best credit cards of the year, the experts took several factors into account including customer reviews, rewards offered, interest rates, consumer popularity, and their own expert opinions in order to simplify the process of selecting credit cards for consumers.

Here are the best credit cards of 2013:

1) Chase Sapphire Preferred Card – The Chase Sapphire Preferred Card is this year’s choice for the best credit card. With the Chase Sapphire Preferred Card, cardholders receive 40,000 bonus points after they spend $3,000 on purchases in the first 3 months that they have the card. Those 40,000 points are the equivalent of $500 towards travel rewards, which is one of the most valuable bonuses of any credit card on the market. In addition, cardholders earn 2 rewards points for each dollar they spend on travel and dining at restaurants, and 1 rewards point for each dollar spent on all other purchases. The card also grants a 20% discount to customers when they book airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards. Cardholders also receive a yearly rewards points bonus of 7% of the rewards points that they earned throughout the year. The card requires an annual fee of $95, but this fee is waived for the first year that they have the card.

2) Discover it Card – The Discover it Card was just recently launched by Discover in order to simplify the often-confusing credit card process. With the Discover it Card, cardholders receive a 0% introductory APR on both purchases and balance transfers for 14 months. The Discover it Card also gives cardholders 5% cash back on purchases made in rotating categories throughout the year such as restaurants, entertainment, home improvement stores, gas, and more, as well as 1% cash back on all other purchases throughout the year. In addition, Discover offers 24/7 US-based customer support, and requires no annual fee to use the card. Lastly, the card comes with a Cashback Concierge that guides free online tours to make sure cardholders receive the most rewards from their purchases.

3) Capital One Venture Rewards Card – The Venture Rewards Card from Capital One rounds out this year’s list of the best credit cards according to the experts at MyRatePlan.com. With the Capital One Venture Rewards Card, cardholders earn 10,000 bonus miles when they spend $1,000 on purchases within the first 3 months that they have the card. These 10,000 bonus miles can be immediately redeemed for $100 worth of travel rewards. In addition, the card offers 2 miles for every dollar spent on purchases throughout the year. The rewards miles earned by using the card can be redeemed for any travel expense such as airfare, transportation, hotels, and more, and there is no limit on the amount of miles that you can earn in a single year. There is a $59 annual fee to use the card, but it is waived in year one. Since the card is geared towards travelers, there is no foreign transaction fee when you use the card on purchases overseas. The card also offers Visa Signature benefits like concierge and travel upgrades, as well as travel insurance and $0 Fraud Liability if your card is lost or stolen.

“So far this year, there’s been a bunch of great new credit cards being offered that can really benefit the consumer in terms of rewards, low fees, and introductory APR periods,” explains Logan Abbott, President of MyRatePlan.com.

Individuals interested in applying for a new credit card can compare credit cards using MyRatePlan’s comprehensive credit card comparison tool here: http://www.myrateplan.com/creditcards/consumer/


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