Credit Card Rewards for the Budget-Conscious
Want to snag credit card bonuses without the burdensome spending prerequisites many cards demand? Your moderate monthly expenses shouldn’t bar you from enjoying card benefits. This guide delves into the top credit cards for those who aren’t big spenders. These cards not only boast tempting welcome bonuses but also impressive rewards schemes. A number of these also feature in our top cash-back credit card picks.
Top Cards for Moderate Spenders
Every individual has unique spending habits, but everyone deserves the perks of credit card rewards equally. Below is a curated list of cards offering bonuses tailored for those who appreciate both savings and earnings. Whether it’s for traveling perks, cash returns, or the sheer convenience of card payments, there’s a suitable card for you.
- Blue Cash Preferred® by American Express
- Offer: $250 statement credit after $3,000 purchase in first 6 months
- Features: After the first year’s waived fee, the $95 yearly charge is easily compensated by cashback from groceries alone. Enjoy 6% back at supermarkets and on certain U.S. streaming services, 3% at gas stations and for ground transit, and 1% on other purchases. Other offerings include the Pay It Plan It payment feature and exclusive access to events through American Express Experiences.
- Capital One VentureOne Rewards
- Offer: Earn 20,000 miles with a $500 spend in 3 months
- Features: Ideal for the frugal traveler, this card has no yearly fee and offers 5X miles on specific bookings. Miles don’t expire and can be used on Amazon or transferred to travel loyalty programs.
- Capital One Quicksilver Cash Rewards
- Offer: $200 cash back after a $500 spend in 3 months
- Features: With no annual fee, earn 1.5% cashback on every transaction. You can receive rewards in diverse ways, and redemption has no minimum threshold.
- Chase Freedom Unlimited
- Offer: Up to $300 cash back with added 1.5% on purchases (up to $20,000 in the first year)
- Features: This no-fee card offers varying cashback percentages across categories, with travel bookings through Chase Ultimate Rewards getting you 5% back.
- Capital One SavorOne Cash Rewards
- Offer: None
- Features: Tailored for those who dine out, get 3% back on dining and entertainment. Though superstores are excluded, the entertainment cashback range is broad.
- Discover it Cash Back Card
- Offer: Matched cash back in your first year
- Features: No limits on spending to earn cashback. With no annual fee, this card offers a variable cashback system, 24/7 customer support, and extensive safety features.
- U.S. Bank Cash Plus Card
- Offer: $200 after a $1000 spend in 120 days
- Features: Choose your cashback categories and benefit from 5% back on travel bookings via the U.S. Bank’s Rewards Travel Center.
- Chase Freedom Flex
- Offer: $200 bonus and 5% cashback in bonus categories with a $500 spend in 3 months
- Features: Enjoy a myriad of cashback opportunities with no annual fee, from bonus categories to dining and more.
- Citi Custom Cash Card
- Offer: $200 on spending $1,500 in the first six months
- Features: Enjoy a flexible cashback system with no annual fee, featuring 5% back on your most frequent spending category.
- Discover it Miles
- Offer: Matched miles in the first year with no spending threshold
- Features: A traveler’s dream, earn miles on every purchase. Miles can also be used on Amazon and PayPal or for cash, with no expiration.
Conclusion
As evident, there’s no shortage of rewarding credit cards for those with modest spending. Zero annual fees, enticing welcome offers, and up to 5% cashback make these options appealing. When choosing, factor in your spending patterns and be aware of category spending caps that might influence potential rewards.
