Best Credit Cards with the Best Rewards for 2022

Posted by Host Merchant Services on July 9th, 2022

Best Travel Rewards Credit Card: Bank of America Travel Rewards Credit Card

If you travel often, using a travel rewards credit card is a great idea. You’ll get points to use on travel, lowering your out-of-pocket expenses for things like plane fare, hotels, and car rental. 

The Bank of America Travel Rewards credit card lets you use points for other ‘travel necessities’ too. They don’t limit you to hotel and plane fare, so it’s a rewarding card. You can earn 1.5 points per spent in any category. Each mile equals 1 cent toward your travel expenses.

Pros:

• Pays 25,000 bonus points if you spend ,000 in the first 90 days
• You can book your travel on any website or with any company with no blackout dates
• 0% introductory APR for 15 months

Cons:

• The rewards on travel are low (1.5 points per dollar spent) which may not be enough for frequent travelers
• The bonus is lower than many other travel cards

Best Credit Card Rewards for Average Credit: Capital One QuicksilverOne

The Capital One QuicksilverOne credit card (credit card processor hidden fees) requires only fair credit, which is usually around a 630 – 660 credit score. You can earn unlimited cash back year-round and don’t have to worry about rotating categories. If you’re looking for credit cards with the best rewards but have less than perfect credit this is your answer.

Pros:

• You can earn unlimited cash back, no caps
• You can be approved for a higher credit limit in 6 months
• It’s a great credit card to boost your credit score

Cons:

• There’s a annual fee
• The APR is high at 26.99%

Finding the best credit cards with the best rewards takes a little time. Think about where you shop most often, how much you spend, and if paying an annual fee is worth it.

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