Why you should get a fixed-rate rewards credit card

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For some folks, monitoring bonus classes and rotating rewards throughout a number of bank cards to earn the utmost factors and miles doable could be overwhelming.

The excellent news is that you do not have to expend a lot vitality to accrue bank card factors effectively. Mounted-rate rewards cards earn a flat charge on all purchases, and plenty of supply a decent return, simplifying the reward-earning course of in the event you’re not a fan of monitoring the place, how and which card you are utilizing to make purchases.

If you happen to like the concept of a streamlined technique for incomes money again and different rewards, these 4 playing cards exhibit the simplicity of a fixed-rate product. Plus, relying on the cardboard you select, you might also have the choice to redeem your rewards for bucket-list journey gadgets — extra on that in a bit.

Finest fixed-rate rewards playing cards

Capital One Enterprise Rewards Credit score Card


Signal-up bonus: Earn 75,000 bonus Capital One miles after spending $4,000 on the cardboard throughout the first three months of account opening. TPG valuations estimate this bonus to be value $1,388 (not offered by the issuer).

Incomes charge: Earn 2 Capital One miles per greenback on each buy.

Redemption potentialities: There are many methods to redeem Capital One miles, the way you select to redeem yours depends upon whether or not you need to use them for presents, procuring or journey.

For starters, you may redeem Capital One miles at fixed values on the following charges:

  • Journey – 1 cent per mile
  • Present playing cards – between 0.8 cents and 1 cent per mile
  • Purchasing on-line with Amazon or PayPal – 0.8 cents
  • Money again – 0.5 cents

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These are the choices for individuals who most worth simplicity. The best choice right here is redeeming your miles for journey, as you are assured to get a worth of a minimum of 1 cent per mile.

Nevertheless, in the event you’re keen to dive a bit of deeper, you will get much more returns to your miles by transferring them to airline and hotel partners. We estimate Capital One miles to be value 1.85 cents every if you redeem your rewards this fashion.

Need assistance transferring Capital One miles to companions? We have got you lined — this guide walks you thru the way to do exactly that. Plus, you can see how a lot worth there may be in utilizing your miles this fashion. If you need extra particulars about this card, our Capital One Venture card review can reply plenty of your questions.

Annual charge: $95 (rates and fees)

Software hyperlink: Capital One Venture Rewards Credit Card

Chase Freedom Limitless


Signal-up bonus: Particular supply: Chase will match all of your money again earned on the finish of your first yr.

Incomes charge: 5% again on journey bought by way of the Chase portal, 3% again on eating (together with takeout and eligible supply companies), 3% again at drugstores and 1.5% again on all different purchases.

Redemption potentialities: The Chase Freedom Limitless is a cash-back type card that technically earns Chase Final Rewards factors, not money.

You even have the flexibility to switch the rewards you earn with the Chase Freedom Limitless to varied airline and resort companions in the event you even have one of many following playing cards:

Once you use your factors on this means, TPG estimates your rewards to be value 2.05 cents every. Learn our publish on how to turn cash back into Chase points for extra particulars and take a look at our Chase Freedom Unlimited review to study extra about this card.

Annual charge: $0

Software hyperlink: Chase Freedom Unlimited

Citi® Double Money Card


Signal-up bonus: None.

Incomes charge: Earn 1% again if you make a purchase order and 1% again if you repay that buy. You may successfully get 2% again for all bills.

Redemption potentialities: Incomes 2% on every part is a stable return — and fewer playing cards are simpler than this incomes construction.

Nevertheless, just like the Chase Freedom Limitless, the rewards you earn with the Citi Double Money are much more beneficial than they seem. The cardboard really earns Citi ThankYou factors, that are value considerably greater than money if you transfer them to valuable airline partners. TPG valuations peg Citi ThankYou factors at 1.8 cents every, that means this card earns primarily 3.6% again towards journey on all purchases.

To unlock the flexibility to switch your factors, you may want one of many following playing cards:

The data for the Citi Status has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Annual charge: $0 (see rates and fees)

Software hyperlink: Citi® Double Cash Card

The Blue Enterprise® Plus Credit score Card from American Specific


Welcome bonus: Earn 15,000 factors after you spend $3,000 in purchases in your card in your first three months.

Incomes charge: Earn 2 Amex factors per greenback on the primary $50,000 in purchases every calendar yr (then 1 level per greenback for different eligible purchases).

Redemption potentialities: Just like the above playing cards, the simplest methods to redeem factors should not essentially the perfect. For instance:

  • Use Amex Pay with Points to ebook airfare by way of Amex Travel at 1 cent per level
  • Buy present playing cards for between 0.5 cents and 1 cent every (relying on the service provider)
  • Reimburse bank card prices as a press release credit score for 0.6 cents every

Once more, there may be worth in simplicity. However you will get an astronomically better return to your Amex factors by transferring them to airline and hotel partners (round 2 cents in worth per level, on common).

To study extra, try the best ways to use Amex Membership Rewards points to see how a lot worth these rewards maintain. For extra data on this particular card, our Blue Business Plus Amex review is a good useful resource and start line.

Annual charge: $0 (see rates and fees)

Software hyperlink: The Blue Business® Plus Credit Card from American Express

Backside line

If the psychological gymnastics of rotating bonus classes and promotional incomes charges aren’t your factor, a fixed-rate rewards card may be precisely what you want. You are assured to earn rewards each time you swipe with out the additional step of rifling by way of gives and activating them. Plus, with our guides on maximizing your reward earnings, there’s the potential to extend the worth of your factors by transferring or combining them with airline and resort companions.

For charges and charges of the Amex Blue Enterprise Plus card, click on here.

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