In our book, the very best rewards credit cards available at any particular time are going to take into consideration the following: everyday rewards, bonus opportunities for new cardholders, extra perks and credits, and the card’s annual fee (if any). Here are our rewards credit card picks for this month:
- Wells Fargo Active Cash – A simple rewards formula: 2% cash back on everything you buy with the card. No annual fee. While there are other 2% “flat” cash-back credit cards on the market, this one currently wins because it also has a potential new cardholder bonus of $200.
- Citi Custom Cash Card – This rewards credit card automatically gives you 5% cash back in the spending category where you spend the most each month, and 1% cash back in all other categories. Potential 5% spending categories include: restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs, and live entertainment. Note that the 5% cash back is capped at a maximum of $500 in purchases in that category, so if you make a huge purchase in one of those categories, only the initial $500 is going to get that 5% rebate. No annual fee. Also includes a $200 bonus opportunity for new cardholders.