New Perks From Our Best Rewards Cards

No annual fee, new tiered rewards and more cash back are some of the offerings.

woman on the couch online shopping with credit card in hand
(Image credit: Getty Images)

Credit card companies have been changing annual fees and beefing up rewards—or plan to roll out new cards later this year and next. Some of the changes affect some winners in our annual Best Rewards Credit Cards.

Good news for anyone considering the Alliant Cashback Visa, which won silver in our Flat-Rate Cash Back (Worth the Fee) category: There’s no longer a $99 annual fee. There’s also a new tiered rewards program with no cap on rewards. Before, rewards were capped at $250. Now you can earn either 2.5% cash back on all spending up to $10,000 (with purchases after that earning 1.5%) or 1.5% overall if you don’t qualify for tier-one rewards status. (See www.alliantcreditunion.org for details.) Current cardholders have automatically been enrolled in tier-one rewards to give them time to set up an Alliant high-rate checking account, which is a requirement to qualify for tier-one status.

Chase now allows holders of most of its co-branded travel cards to sign up for a free one-year DashPass membership that also comes with some reduced service fees. The cards on our best list eligible for the deal include the Southwest Rapid Rewards Priority Visa, Marriott Bonvoy Boundless Visa and World of Hyatt Visa.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

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.

Sign up

The Capital One SavorOne Mastercard, which took silver in our Dining Rewards category, increased cash back on grocery purchases from 2% to 3% and now pays 3% on eligible streaming services, such as Net­flix, Hulu and Disney+. Subscriptions and purchases from Amazon Prime, AT&T TV and Verizon FIOS On Demand are excluded.

The American Express Platinum card (silver in Premium Travel Rewards) is raising its annual fee to $695 on January 1. But cardholders will now get an annual statement credit of $179 for a membership to CLEAR, the airport security clearance network. Cardholders can also earn up to $240 a year on subscriptions to the New York Times, Peacock, Audible and SiriusXM, along with other perks.

Rivan V. Stinson
Ex-staff writer, Kiplinger's Personal Finance

Rivan joined Kiplinger on Leap Day 2016 as a reporter for Kiplinger's Personal Finance magazine. A Michigan native, she graduated from the University of Michigan in 2014 and from there freelanced as a local copy editor and proofreader, and served as a research assistant to a local Detroit journalist. Her work has been featured in the Ann Arbor Observer and Sage Business Researcher. She is currently assistant editor, personal finance at The Washington Post.