Credit cards offer you an opportunity to earn valuable rewards quickly. Stepping into 2024, there are many top credit cards to look out for everyday use. They provide you with the convenience of everyday purchases and act as a tool for building a good credit history.
There are several popular credit cards centered specifically on your everyday purchases, thereby helping you acquire rewards or credit points. It is essential to keep your spending within budget and pay off credit bills on time. Here are the top credit cards to check out for everyday spending in their respective category in 2024.
best credit card for everyday use
| Card | Rewards | Annual Fee | Pros | Cons |
|---|---|---|---|---|
| Chase Sapphire Preferred® Card | 2x points on travel & dining, 1x on all other purchases, points transfer to travel partners | $95 | Flexible rewards, travel perks, excellent value | High annual fee |
| Citi Double Cash Card | 2% cash back on all purchases | $0 | Simple rewards structure, high cash back rate | No travel perks, lower welcome bonus compared to other cards |
| Capital One Venture Rewards Card | 2x miles on all purchases, miles transfer to travel partners | $95 | Flexible travel rewards, no foreign transaction fees | High annual fee, lower rewards rate for specific spending categories |
| Blue Cash Preferred® Card from American Express | 6% cash back on groceries up to $6,000 per year, 4% on gas & transit, 1% on all other purchases | $95 | High rewards on groceries, gas & transit, travel perks | High annual fee, lower rewards rate for dining and other categories |
| Bank of America® Cash Rewards Credit Card | 3% cash back on gas, 2% on groceries, 1% on all other purchases | $0 | No annual fee, decent rewards on common spending categories | Lower rewards rate compared to other cards, no travel perks |
| Apple Card | 2% Daily Cash back on Apple purchases, 1% on all other purchases | $0 | Apple integration, no late fees, built-in security features | Lower rewards rate compared to other cards, limited partner network |
| Discover it® Miles | 5x miles on rotating categories each quarter, 1x on all other purchases | $0 | High bonus on rotating categories, no foreign transaction fees | Lower base rewards rate, miles have limited transferability |
Dining – Capital One® Savor® Cash Rewards Credit Card
- Earn up to 4% cash back on dining, entertainment & streaming services.
- 8% cash back on Capital One Entertainment purchase.
- 3% cash back on groceries.
- 1% on everything else you buy.
- $95 annual fee.
- Earn up to a $300 cash bonus on the spending of $3000 in the first 3 months from account opening.
Wells Fargo Reflect® Card
- 0% intro APR promotion.
- After the promotion ends, your variable APR will be 16.74% – 28.74% for purchases and balances.
- Doesn’t deliver rewards, but with the value of the intro APR promotion and interest you can save the value of cashback and points.
- $0 annual fee.
Gas – PenFed Platinum Rewards Visa Signature® Card
- Caters 5 points per $1 spent on EV charging stations and gas stations.
- Gain 3 points per $1 spent at supermarkets and restaurants, as well as on TV, radio, cable, and streaming services.
- Gain 1 point per $1 on all other spending.
- Receive 15,000 bonus points on spending $1,500 in the first 90 days of account opening.
- No annual fee.
Students – Capital One Quicksilver Student Cash Rewards Credit Card
- Offers 1.5% cash back on every purchase.
- Earn up to 5% cash back on rented cars and hotels booked by Capital One Travel.
- Earn $100 in cash back when you spend $100 in the first three months from account opening.
- No annual fee.
Groceries – Blue Cash Preferred® Card from American Express
- $0 annual fee for the first year; later on, $95 per year.
- Earn a $250 statement credit as a welcome bonus after you spend $3,000 in purchases within the first 6 months.
- 6% cash back at supermarkets.
- 6% cash back on selected streaming subscriptions.
- 3% cash back at gas stations and transit.
- 1% cash back on other purchases.
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Transit – Bank of America® Customized Cash Rewards credit card
- $0 Annual fee.
- $200 sign-up bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- Earn 3% cash back in your preferred category.
- 2% at grocery stores and wholesale clubs.
- Unlimited 1% on all other purchases.
Steps to Take Before Applying for a Credit Card
Entertainment – Capital One SavorOne Cash Rewards Credit Card
- $0 Annual fee.
- Earn a $200 sign-up cash bonus after you spend $500 on purchases within the first 3 months from account opening.
- 8% back on Capital One Entertainment purchases.
- 5% cash back on hotels and rental cars booked through Capital One Travel.
- 3% back on dining, eligible streaming services, entertainment, and purchases at grocery stores.
- 1% cash back on all other purchases.
Since credit cards strive with everyday purchasing activity, it’s a great opportunity to use them often for your purchases to maximize the rewards.
However, it’s crucial to be mindful of the fact that credit cards should work in duality with your budgeting. If you’re still thinking about which credit card you should use, the response relies on your spending habits and preferences. So, compare cards to choose the one that fits well with your financial health.
