The 5 Best Credit Cards For Cash Back, Small Business and Travel Rewards Now

The 5 Best Credit Cards For Cash Back, Small Business and Travel Rewards Now
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We’re all faced with the social and economic impact of the coronavirus outbreak — that much is clear. But the challenges will be different for each of us depending on how we live and how we make a living. That’s why we’ve combed through current credit card offers to find the best in each category — cash back, small business and travel rewards — and, yes, we are optimistic that someday life will return to normal and those rewards will be useful!

Consumer cards

Capital One® Quicksilver® Cash Rewards

Capital One

Why we like it: This card is a super straightforward offer for people looking to save on all purchases — whether you’re ordering delivery of a lifetime supply of beans or a Mother’s Day gift. Its terms are very competitive with those of the Chase Freedom card (below), with an introductory cash bonus of $150 after spending an initial $500 in the first three months of opening the account. It has other cash-back features, but there are no rotating categories to keep track of.

More highlights:

  • 1.5% cash back on every purchase — no limit
  • Pay 0% APR on purchases for an introductory period of 15 months.
  • Pay 0% APR on balance transfers for the 15-month introductory period. (Note: An initial 3% fee applies to balance transfers.)
  • No annual fee or foreign transaction fees
Click here for more details and to compare this offer with others.

Chase Freedom®

Chase

Why we like it: This card offers an uncomplicated way for frugal shoppers to save some money. First, it offers an introductory bonus of $150 after you spend $500 within the first three months of having the card.

But there’s more:

  • Each quarter, get 5% cash back on up to $1,500 worth of combined purchases in bonus categories, with new categories each quarter. Until the end of March, the categories are good ones if you’re practicing “social distancing”: internet services, select streaming services, cable and phone services and gas stations. (After April 1, categories switch to fitness club/gym memberships and grocery stores.)
  • Rack up 1% cash back on all other purchases, unlimited, for the life of the account.
  • 0% introductory APR on purchases and balance transfers for the first 15 months.
  • No annual fee
Click here for more details and to compare this offer with others.

Small-business card

Chase Ink Business Cash℠

Visa

Why we like it: If you are a business owner who would rather convert your expenses into savings, check out this cash-back card, which offers you a $500 cash bonus when you spend $3,000 within the first three months of opening the account. It doesn’t take long — even for most small businesses — to run up that much in expenses on essentials.

More highlights:

  • Get 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on phone service, cable and internet each year.
  • Get 2% cash back on the first $25,000 spent in combined purchases at restaurants and gas stations each year, and get 1% cash back on all other card purchases with no limit on the amount you can earn.
  • Pay 0% APR on purchases for the first 12 months.
  • No annual fee
Click here for more details and to compare this card with other offers.

Travel rewards cards

Chase Sapphire Preferred®

Chase

Why we like it: This card rakes in a whopping 60,000 points as a welcome bonus (worth $750 on purchases through Chase Ultimate Rewards) after you spend $4,000 within the first three months of opening the account. This is really a great deal — even after the card’s annual fee — assuming this level of spending is within your budget and you pay off the balance each month. If you like to travel — even if you’re not hitting the road during the coronavirus crisis — you can start piling up points for free travel down the road.

More highlights:

  • Earn 2 points for each dollar spent on travel and dining, and 1 point per dollar on all other purchases with this card.
  • No foreign transaction fees

Combine your Chase card rewards: Between the introductory bonus and double points for your travel and dining expenses worldwide, this card can take you far on your adventures. And if you have a Chase Freedom card, you go even farther — by transferring the rewards points earned on that card to this one.

Note: This card has a $95 annual fee.

Click here for more details and to compare this card with other offers.

Marriott Bonvoy Boundless™

Visa

Why we like it: If you’re a traveler who relishes good deals on good hotels, this offer is for you. This card rakes in 75,000 bonus points after hitting a spending threshold of $3,000 within the first three months, and then it just continues to reward the cardholder.

More highlights:

  • Earn 6 bonus points per dollar spent at hotels in Marriott’s massive network. The options for this rewards program are stunning, especially since a merger between Marriott and International Hotel Group. Under its umbrella now are the Ritz-Carlton chain, W Hotels, Westin hotels, Courtyard hotels, Residence Inns and many more.
  • Earn 2 bonus points per dollar on every other purchase with this card.
  • Get a free room night (worth up to 35,000 points) every year after your account anniversary.
  • No foreign transaction fees

Note: This card has a $95 annual fee.

Click here for details and to compare this card with other offers.

How do you use credit cards and rewards? Share with us in comments below or on our Facebook page.

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