Compare Reward Credit Cards
Rewards credit cards are immensely popular due to their incentives driven packages. The credit card holder is rewarded for their loyalty and use of the credit cards by way of discounts, gifts and in some cases actual money. The reward credit card works by giving the card holder a percentage of all purchases made with the credit card. The higher the expenditure, the higher the size of the payment back to the credit card holder.Escape by Discover® Card
- 25,000 Bonus Miles – 1,000 Miles each month you make a purchase the first 25 months
- Unlimited Double Miles on all purchases
- Book any travel, anytime with no blackout dates or restrictions
- 2 additional Miles for every $1 you spend through ShopDiscover, our exclusive online shopping site
- Enhanced travel benefits
- Redeem for travel credits to your account, gift cards from any of our 90 brand-name Partners or cash starting at just 1,000 Miles
- $60 Annual Fee
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| 0%* | 6 months* | $60* | 3%* | Excellent |
Platinum Delta SkyMiles(R) Credit Card from American Express
- Earn 20,000 bonus SkyMiles(R) (including 5,000 Medallion Qualification Miles) after first purchase and another 2,500 for adding an Additional Cardmember
- Earn one companion Coach Class ticket each year upon renewal
- Earn at least 1 mile for every eligible dollar spent
- Miles never expire and there is no cap on the miles you can earn
- Pay with Miles: Pay for all or part of your flight with miles - and put the rest on your Card
- Express Approval. Get a decision in less than 60 seconds.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| See Terms* | See Terms* | $150 per year | See Terms* | Excellent |
Simmons First Visa® Platinum Rewards
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved
- Low 9.25% variable standard purchase APR and platinum benefits
- No balance transfer fee for balances transferred in response to this online offer
- Travel Rewards - cardholders who enroll in the program receive one point per net dollar spent
- Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions
- Other travel related options are hotels, cruises, vacation packages, car rental, and restaurants
- No Annual Fee
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | None | See Terms* | Excellent |
Platinum Card(R) from American Express
- Earn 25,000 Membership Rewards(R) bonus points when you spend $1,000 in 3 months - Redeemable for one round-trip domestic airline ticket!
- 24-hour access to Concierge service for the finest experiences in dining, entertainment, and luxury
- Fine Hotels & Resorts Program - exclusive amenities at boutique, resort, and luxury hotels around the world
- By Invitation Only(R)Events - access to exclusive, once-in-a-lifetime events
- Complimentary Airport Club Access
- The Membership Rewards First(R) program - Enjoy exclusive access to rewards and experiences featuring luxury retail, lifestyle, and world-class travel
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | $450 annual fee | See Terms* | Excellent |
IBERIABANK Visa® Platinum Card
- Variable Rate APR ranging from Prime + 5.00% thru Prime + 11.00% depending on creditworthiness and other factors
- Purchase and Cash Advance APR's may vary with the market based on the Prime Rate.
- Earn 1 bonus point for every $1 in qualifying net retail purchases
- Turn your points into hotel, gift, or experience rewards
- Travel accident coverage up to $1,000,000
- No annual membership fee
- Low Introductory APR on balance transfers for your first 6 billing cycles. Applies to balance transfers processed within three months of your account open date.
- 25 day grace period
- Online access to credit card account information
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | None | See Terms* | Excellent |
FAQs on Rewards Credit Cards
Who can apply for a Rewards Credit Card?
Anyone can, but the type of reward available is dependent on the card issuer and can be anything from tangible goods to cash.
How does one earn rewards?
The card holder receives a percentage of purchases made with the Rewards Credit Card. Each time it is used, it increases the size of the payment that will be received. Other rewards can be redeemed at differing hotels, restaurants and gas stations.
What kind of Rewards Credit Card can one get?
It all depends on the kind of incentives that appeal to the card holder, hence assessing one’s options is of the utmost importance. For example, a person who rarely travels will not benefit from benefits gained from a frequent-flyer miles.
FAQs on Cash Back Credit Cards
What points should I be aware of before applying for a Cash Back Credit Card?
Not all cards charge an annual fee, but check with the card issuer for confirmation. If the card holder is a big spender, checks should be made to see if the card offers higher payouts of varying levels as this would make sound financial sense.
How much cash can I expect to get back?
This depends on the card issuer, but cash back percentage can be anything between 0.5% and 2% of purchases made as an annual rebate. More recently, some card issuers have raised the percentage paid back up to 5%.
