3 Rewards Credit Cards for Big Spenders
You can rack up points quickly with these cards.
If you have an excellent credit score and a willingness to spend freely, you are a prime target for reward-card issuers offering generous bounties of bonus points. You might want to take one up on its offer if you pay off your credit cards every month.
Bank of America Alaska Airlines Visa Signature (www.bankofamerica.com) charges a $75 annual fee, but in return new cardholders receive 25,000 miles, enough for a free flight anywhere Alaska Airlines flies. You earn three miles per dollar spent on flights and one mile on everything else; to qualify for another Alaska Airlines flight, figure on spending about $2,000 a month for a year on everyday purchases. You can also use points for flights on 15 partner airlines.
Sign up for the no-fee PenFed Platinum Rewards card (www.penfed.org) and you’ll receive 5,000 points after your first purchase and another 20,000 points, which are worth $200 in rewards, if you spend $1,000 in the first three months. Use your points for merchandise, travel, gift cards or prepaid Visa cards. A round-trip flight from Washington, D.C., to Los Angeles recently required about 40,000 points. You earn five points per dollar spent on gas, three points on groceries and one point on all other spending.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
With the no-fee Citi Hilton HHonors Visa Signature card (www.citibank.com), you get 40,000 bonus points after you spend $1,000 within four months. You can use points at any of the ten Hilton-brand hotels, or you can exchange them for miles with participating airline partners. You earn six points for each dollar spent at hotels; three points for supermarket, gas-station and drugstore purchases; and two points for everything else.
-
Use An iPhone? You May Be Hearing From A Class-Action Lawsuit Group
A handful of suits against the iPhone maker seek to crack down on everything from app store purchases to messaging.
By Keerthi Vedantam Published
-
Capital One/Discover: What's In Their Wallet For You?
Push back on Capital One's planned merger with Discover is growing with one group of consumer advocates calling for a public hearing.
By Keerthi Vedantam Published
-
403(b) Contribution Limits for 2024
retirement plans Teachers and nonprofit workers can contribute more to a 403(b) retirement plan in 2024 than they could in 2023.
By Jackie Stewart Published
-
Roth IRA Contribution Limits for 2024
Roth IRAs Roth IRA contribution limits have gone up for 2024. Here's what you need to know.
By Jackie Stewart Published
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to a Cheap Last-Minute Vacation
Travel Procrastinator? No matter. You can pull off a fun and memorable getaway on a moment's notice — without breaking the bank.
By Vaishali Varu Last updated
-
How Much Life Insurance Do You Need?
insurance Instead of relying on rules of thumb, you’re better off taking a systematic approach to figuring your life-insurance needs.
By Kimberly Lankford Published
-
When Is Amazon Prime Day?
Amazon Prime In 2023 Amazon had two Prime Day events — one in July and another, called Big Deal Days, in October. We expect 2024 to follow the same schedule.
By Bob Niedt Last updated
-
How to Shop for Life Insurance in 3 Easy Steps
insurance Shopping for life insurance? You may be able to estimate how much you need online, but that's just the start of your search.
By Kaitlin Pitsker Published
-
5 Ways to Shop for a Low Mortgage Rate
Becoming a Homeowner Rates are high this year, but you can still find an affordable loan.
By Daniel Bortz Published