Which Credit Card is Offering the Best Rewards Bonus for the 2016 Holidays

The approaching holiday season is the reason why you should grab the opportunity to use your rewards credit card to spend money and earn points at the same time. Points can be used to redeem discounts on all kinds of expenses. The following are 6 best rewards bonus credit cards for earning rewards during the holiday season in 2016.

1. Chase Sapphire Preferred Card

Chase Sapphire Preferred Card offers 2x rewards point for per dollar when you charge your card for dining or travel related expenses. Cardholders who reserve their air ticket via Chase Ultimate Rewards can earn an additional 25%. It has a 50,000 signup bonus for those who manage to spend a total of $4,000 or more in 3 months. The fifty thousand bonus points is redeemable for $625.

2. Capital One Venture Rewards

Capital One Venture Rewards allows you to earn 2 miles per dollar spent. The miles you earn can be redeemed for a wide range of travel expenses. You are not limited to any specific brand of airline or hotel when redeeming the miles. The card offers a generous sign up bonus of 40,000 bonus which is worth a travel statement credit of $400. To claim the 40,000 bonus points, your credit card statement must show that you have spent at least $3,000 in the past 3 months.

3. Chase Freedom

Chase Freedom has a list of rotating categories that offers 5% cash back. They will release the bonus rotating categories every quarter. You will get 5% cash back if your expenses falls in one of the category. You just need to spend $500 in the first 3 months to claim a $150 cash back bonuses.

4. Blue Cash Preferred Card from American Express

Blue Cash Preferred Card from American Express allows you to redeem up to 6% cash back for your grocery shopping for a maximum spending limit of $6,000. You can get 3% cash back when you stop by at the local gas station to purchase petrol. The unlimited 3% cash back is also available to cardholders who make purchases at the department stores. The card charges an expensive annual fee of a minimum of $95.

5. Discover it

Discover it provides 5% cash back for expenses in the bonus rotating categories for up to $1,500 in 3 months. It will match your cash back at the end of the year so that you earn double cash back. The Cashback Match program is only available for those who sign up for Discover It card for the first time.

6. American Express Premier Rewards Gold Card

American Express Premier Rewards Gold Card offers 3x points for cardholders who book their air ticket from the official airline site. You can earn 2x points if you charge the card at a US based restaurants, petrol station and department store. Cardholders who use to card to purchase items in other categories will earn 1x point.

Stay tuned as we begin covering the best credit cards for 2017 and help our audience uncover the most amazing credit cards and promotional offers for the new year!