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6 Credit Cards For Excellent Credit
People with excellent credit not only have the upper hand when it comes to getting a mortgage, paying lower interest or even being accepted for a job, they also get to earn the most rewards when making purchases with their credit cards. To attract more new customers with excellent credit scores, credit card issuers in the US have created a wide range of credit cards for people with excellent credit. These high-end credit cards offer more rewards and special privileges than the cards offered to consumers with lower credit scores.
Credit cards for excellent credit are mainly for people who have a credit score of 740-850. Most of these cards are rewards and travel credit cards that offer large signing bonuses and extra benefits and perks that are not offered elsewhere, with many of them offering 0% foreign transaction fee, no balance transfer fee, travel accident insurance, purchase protection, extended warranty and many more.
For those of you who have very good to excellent credit score (740-850), I have compiled a list of the 6 best credit cards for excellent credit offering the juiciest rewards and largest signing incentives so that you can browse through them easily and find the card that will reward you most for your spending.
Here is a list of the 6 top credit cards for excellent credit:
United MileagePlus Explorer. This great airline credit card is issued by JPMorgan Chase (NYSE:JPM). Receive up to 40,000 bonus miles: Earn 25,000 miles when you use your card for the first time, 10,000 miles each year when you spend at least $25,000 and 5,000 miles when you add another cardholder onto your account within the first 2 months. Earn 2 miles for every dollar you spend on United airfare purchases and 1 mile for every other dollar you spend. Enjoy 2 United Club VIP lounge passes as well as 2 travel certificates yearly. Your first checked bag is free. $95 annual fee waived for the first year.
Chase Freedom $100. Receive $100 cash back once you spend $500 in the first 3 months. Currently the largest signing bonus in the market. Earn 5% cash back in categories that rotate quarterly and 1% cash back on everything else. Earn up to 10% cash back when shopping at Chase’s online mall. The cash back you earn never expires and there is no limit to the amount you can earn. Make use of the free Blueprint program to manage your balance payments. No annual fee. Chase Freedom even made it to DailyMarkets.com’s Best Credit Cards 2012 list.
Click here to go to the official Chase wesite to apply online for the Chase Freedom $100 now.
Chase Sapphire Preferred. Receive 40,000 bonus points when you spend $3,000 in the first 3 months. Earn up to 10 points when shopping at Chase’s online mall, 2 points when purchasing airfare online and 1 point for every other dollar you spend. Earn 7% of the points you earn annually as a yearly bonus. When redeeming your points for airfare and hotels online through Chase, they are worth 20% more. No foreign transaction fee. $95 annual fee waived the first year.
Southwest Airlines Rapid Rewards Plus Card. Earn 25,000 points when you make your first purchase. Earn 2 points for each dollar you spend on Southwest flights and partner hotels and car rentals, and 1 point on every other dollar you spend. Receive 3,000 miles every year as an anniversary bonus. Earn 1 point for every dollar of balance transfers made to this card. Your first 2 checked in bags are free. No blackout dates when booking flights. $69 annual fee waived the first year.
Capital One Venture Rewards Credit Card. This is the best rewards card from Capital One (NYSE:COF) with which you will earn 10,000 miles in the first 3 months when spending $1,000. You will also earn 2 miles for every single dollar you spend. You can earn unlimited miles that never expire. Enjoy purchase security and travel accident insurance. No balance transfer fee. You don’t have to pay foreign transaction fees. $59 annual fee waived the first year.
American Express Gold Delta Skymiles. Issued by American Express (NYSE:AXP), this card lets you earn 30,000 miles when you spend $500 within the first 3 months. Earn 2 miles for every dollar spent on Delta and Northwest airline purchases, and 1 mile for every other dollar you spend. Enjoy 20% discount on purchases made when flying on Delta airlines. Miles never expire. Your first checked in bag is free. $0 introductory annual fee the first year, a savings of $95.
I went to the Southwest Airlines Rapid Rewards Plus Card link for the the bonus and annual fee waived for 1st year, but it seems there is no waived annual fee at all, it will cost you a fee of $69!