Why the $200+ credit card can’t be the best credit card for everyone
Posted On July 21, 2021
The most popular credit cards offer the same rewards: unlimited spending, free ATM withdrawals, and a range of low interest rates.
However, the rewards can be too good to be true, so if you want to spend the money on anything other than the ones that are mentioned above, consider one of the many cards that offer a range more in-depth and with fewer bells and whistles.
A recent study from Bankrate.com found that the rewards offered by some of the best card offers actually outweigh the rewards they offer.
This is particularly true for cards that are designed to provide a quick and easy credit score.
In the example above, the $300 Sapphire Reserve card offers 0% APR on purchases for six months, and 0% on ATM withdrawals for three months.
However if you use the card for a year, the APR drops to 0%.
If you want the best rewards, you should look into an account that offers more in the way of rewards and other perks, like a bonus or a higher interest rate.
If you’re considering a new credit card that has rewards, make sure to look for one that offers something that you want in addition to the rewards.
In fact, we’ve also found that many of the top card offers we looked at here are actually better than what you can get from credit cards that have in-app bonuses, which may offer a bigger discount or a better balance or something else.
If your goals are low cost and a lower interest rate, it may be worth the investment in getting a better card.