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The best credit cards for rewards of May 2022

Rewards credit cards give you something back for every dollar you spend — whether that’s points or miles for travel, or cash back that you can use to lower your monthly bill or to treat yourself to a splurge.

On top of that, many cards offer high welcome bonuses to new cardholders who meet a spending requirement in the first few months after opening a card, and some include benefits like travel and purchase protection. 

Here are the top rewards credit cards currently available, based on welcome bonuses, rewards earned on everyday spending, benefits, and overall value.

We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Best cash back credit card: Citi® Double Cash Card

If you prefer to earn cash back, the Citi® Double Cash Card is a good choice for value and simplicity. The card has no annual fee, and it earns 2 points per dollar (2% cash back) on every purchase (1 point when you buy, and 1 point when you pay your bill).

Read more: Guide to the best Citi credit cards

As of March 28, 2022, the Double Cash card earns Citi ThankYou points instead of cash back directly. But you can still redeem your points for cash back (as well as travel, gift cards, and more) and get the same rate of return.

While the Citi® Double Cash Card alone doesn’t offer many transfer partners, if you also have another Citi card like the Citi Premier® Card or the Citi Prestige® Card (no longer available to new applicants), you can combine your rewards between cards and transfer them to Citi’s full range of airline and hotel …read more

Source:: Business Insider

      

The best rewards credit cards of May 2022

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