Barclaycard Arrival Plus.
The best rewards credit cards for summer 2017.
With the value of credit card rewards near record highs and the busy summer travel season fast approaching, WalletHub released its 2017 Credit Card Rewards Report to help consumers avoid loopholes and maximize their savings. The report analyzes all 79 of the non-cobranded rewards credit card offered by the 20 largest issuers, comparing how much the average person would earn and how difficult it would be to get full value with each.
A few highlights:
- Earning Potential: The best rewards card can yield up to $1,079 more than the worst rewards card over the first two years.
- Strategic Redemption: Redeeming for travel is still the best deal, yielding 30% more value than redeeming for merchandise, the worst option.
- Earning Policies: Capital One leads the way with no earnings limits and rewards that neither expire nor are forfeited if you miss a payment.
- Eligibility & Transparency: Navy Federal Credit Union set the clearest expectations by stating rewards terms and restrictions upfront.
The best rewards credit cards for summer 2017 are:
- Excellent Credit: Barclaycard Arrival Plus (~ $1,634 in net 2-year rewards)
- Good Credit: Capital One Venture Rewards Credit Card (~$1,482 in net 2-year rewards)
- Fair Credit: Capital One QuicksilverOne Cash Rewards Credit Card (~ $778 in net 2-year rewards)
- Bad Credit: Discover it Secured
- Students: BankAmericard Travel Rewards for Students Credit Card
- Small Business: Capital One Spark Cash for Business
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
