Best Rewards Credit Cards: Team Clark’s Picks

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A black credit card labeled "Best Rewards Credit Cards" with options for best cash back, travel and shopping rewards
Image Credit: Clark.com

If you’re searching for the best rewards credit card, money expert Clark Howard says remember just two words: cash back!

“No one can tell you where you can and can’t spend your cash,” Clark says. “The best cards pay you 2% cash back on everything you do, automatically. It’s so simple!”

Although Clark likes cash back the best, many people prefer cards with large welcome bonuses to earn points or miles for travel.

Best Rewards Credit Cards: Team Clark’s Picks

Finding a new rewards credit card requires you to think about your spending and the rewards you want. I’ve reviewed hundreds of the latest offers and selected the best overall picks.

Table of Contents

  1. Citi Double Cash – 18 Month BT Offer
  2. Fidelity Rewards Visa Signature
  3. Costco Anywhere Visa Card By Citi
  4. Sam’s Club Mastercard
  5. Capital One Savor Cash Rewards Credit Card

Remember, rewards credit cards are for people who avoid interest charges by always paying their statement balance in full.

If you ever need to carry a balance, then you shouldn’t worry about earning rewards and instead focus on finding a low-interest credit card. This aligns with Clark’s credit card philosophy.

Read on to compare our picks for best rewards credit cards and let us know your favorite in the comments below…

Citi<sup>®</sup> Double Cash Card - 18 month BT offer

Citi Double Cash – 18 Month BT Offer

If you just want a lot of cash back on all of your purchases, this card makes sense.
Welcome bonus None
Rewards 1% cash back at the time of purchase and another 1% when you pay, for up to 2% total
Annual fee None
Advantages
  • No annual fee
  • High rate of return
Drawbacks
  • No welcome bonus
  • 3% foreign transaction fee
Learn More


Fidelity Rewards Visa Signature Card

Fidelity® Rewards Visa Signature

This card acts as a savings and investment tool, not just a cash back credit card.

Welcome bonus None
Rewards 2% cash back deposited in a qualified Fidelity savings or investment account
Annual fee None
Advantages 2% is a high rate of return for a cash back card with no annual fee
Drawbacks Must have a Fidelity account
Learn More

Costco Anywhere Visa® Card By Citi

Great card for gas, and good rewards for travel and dining, but nothing special for use at Costco or elsewhere.
Welcome bonus None
Rewards
  • 4% cash back on gas up to $7,000 annually, then it drops to 1%
  • 3% at restaurants and travel
  • 2% at Costco
  • 1% elsewhere
  • You receive a certificate for your cash back once a year
Annual fee None, with paid Costco membership
Advantages 4% cash back at gas stations and excellent returns elsewhere
Drawbacks
  • No sign-up bonus
  • Cash back is only offered as an annual credit each February and must be redeemed in-store
Learn More

Sam’s Club® Mastercard®

This card earns even better cash back on gas than the Costco card, but it offers very poor rewards for shopping at Sam’s Club itself.
Welcome bonus  $45 statement credit after opening an account and making a $45 purchase the same day
Rewards
  • 5% cash back on gas
  • 3% on travel and dining
  • 1% elsewhere
Annual fee None
Advantages High rates of cash back on gas, travel and dining
Drawbacks Mediocre cash back for shopping at Sam’s Club and other non-bonus spending
Learn More

Capital One Savor Cash Rewards Credit Card

A great card for those who spend enough on dining and entertainment to justify the annual fee.
Welcome bonus $300 after spending $3,000 on purchases within three months of account opening
Rewards
  • 4% cash back or dining and entertainment
  • 2% at grocery stores
  • 1% elsewhere
Annual fee $95, waived the first year
Advantages
  • Huge early spend bonus
  • High rates of cash back on dining and at grocery store
Drawbacks
  • High annual fee
  • 1% cash back outside of bonus categories
Learn More

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