The Best Credit Card Deals Around Now

Let’s say that you have been this wonderful model credit card customer, for as long as you can remember. You’re certainly going to appreciate how you are the new lone hope as far as the credit card companies can see. And they reserve their best rewards programs and favorable terms for you. The age of generosity at the banks and credit card companies is simply not what it used to be. They are dealing with mammoth losses from irresponsible card issuing practices, and have all kinds of new rules in place for rewarding responsible behavior. Even redeeming miles or points isn’t as much fun as it used to be. Today, if you want a credit card with something like the level of reward and satisfaction that you had in the good old days, only the very best credit card deals would even come close; even garden-variety credit cards are only going out to people with a credit score of at least 650. You need something about 740 for the good ones.

If it is travel you’re interested in, you’d be looking for a card that rewarded you with travel benefits. There aremany good ones around for travel, but Amex’s Starwood card is one of the best. They do ask you for an annual fee of $50 or so, but you can use your points to redeem at airline or hotel counters. They have alliances with more than two dozen major airlines, and you can redeem your points against miles on any one of them. You get 10,000 points just for signing on, and each dollar you spend, earns you a point. There is a 5000 point bonus for anyone who crosses 20,000 points.

Discover More gives you up to 20% cash back (can you believe that?) if you buy at some of their approved shops, and the Chase Freedom card gives you 3% cash back for six months. But before you rush out for one of these, there’s things you need to take in account. These are special cards that the credit card companies put out for the most boring and predictable customers who never carry a balance over, and always pay on time – in short, their most unprofitable customers. If you are the kind who likes to keep a hefty balance going, the most affordable cards, the best credit card deals, are probably not for you. You have to pay a high interest rate for the privilege of it. And if you do rack up a few points, don’t hold onto them for too long. They do come with expiration dates.

If cash is what does it for you, there are some excellent cash back offers out there. Amex’s Blue Cash card has one of the best credit card deals for cashback rebates. They give you 5% for purchases on necessities, groceries, gas or anything. Anything else you buy, you get 1.5% back. The best part of it is, there is no upper limit to how much you can get. Other credit cards, often do that. But there is a catch, if you’re looking for one. If you want this kind of rebate, you have to spend $6500 over the course of a year. Anything less, and you’re stuck with less than 1% in rebates. So that would put this card in the top league. If not, you would probably be better off with some of the other competing cards. The best part is, this isn’t a switch and bait proposition. Amex has had this deal on for quite a long time. So what are the competing cards in the cashback area?

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