Not all credit cards are created equally. With plenty of different uses by millions of customers who have their own particular needs, each card is designed with a particular demographic in mind. With that being said, not every card is worth your time and it is vital to compare multiple cards before making a final decision. This week, Card Hub released its report of the best cards currently on the market and what they have to offer the average consumer. The results of this report are listed below for you to consider in your credit card comparison shopping.
AmEx Blue Cash Everyday Card
The American Express Blue Cash Everyday Card is meant for use on fuel and other traditional travel expenses. You will enjoy one percent cash-back on everyday items, two percent cash-back on gasoline and three percent cash-back on department and grocery store items. On top of these perks, you will get $100 in cash back if you spend $1,000 within the first three months of owning the card. As with all cards on this list, there is no annual fee, giving you more money to spend on other things.
Pentagon Federal Credit Union Platinum Rewards Card
Do not let the name fool you: this card is not just for military brass. The Pentagon Federal Credit Union Platinum Rewards Card is accessible by anyone who joins either the National Military Family or Voices for America's Troops; the joining fee for each group is $20 and $15, respectively. The points earned from expenditures are converted into a pre-paid Visa card that you can then use wherever. You will receive 5 percent cash-back for gasoline, 3 percent for groceries and 1 percent for everything else. After your first purchase, you automatically receive 5,000 bonus points and are eligible for 20,000 more if you spend $1,000 within the first three months of owning the card.
Chase Freedom Visa
The Chase Freedom Visa Card is one of the top three picks in this category, offering perks such as up to five percent cash-back on gasoline. During the first and third quarters (Jan-Mar, Jul-Sept), you can receive five percent cash-back on up to $1500 of gasoline, while during the second and fourth quarters, you will receive one percent cash-back. There is no annual fee with this card and you can receive a $200 cash-back bonus for spending $500 in the first three months of ownership.
*This article was originally written on March 26, 2012. Though reasonable effort has been made to provide accurate and up-to-date information, please always check issuer's website for most updated terms and conditions, since information like APR changes often.