Many American consumers now favor the use of credit cards over cash. There are several reasons for this, including safety and hassle-free transactions. Aside from bearing names, such as Gold and Platinum, there are also cards that have “Preferred” in their names. If you are planning to sign up for a new card, you can take a look at the cards below and decide whether they are appropriately named so.
Blue Cash PreferredSM Card from American Express
AMEX is a widely known name in the credit card world. The Blue Cash PreferredSM Card offers great rewards to the card holders. There are sign up bonuses, cash back incentives, and 0% intro APR. This card is one of the versions of Blue Cash. The other is Blue Cash Everyday, which has no annual fee. Although PreferredSM has an annual fee, it is a much better variety especially if you are a heavy spender or you spend at least $25 on weekly purchases. This is also the right card for you if you pay your bills on time. You can get rewards for your good behavior such as getting cash back on phone and utility bills.
Chase Sapphire PreferredSM Card
This is a premium rewards card that you should get if you are into huge bonuses and points. The moment you spend enough credits during your first three months of card ownership, you will be able to receive humongous amount of points. They can be redeemed for flight tickets. The great thing about Sapphire PreferredSM is that it provides flexibility to consumers. You can choose the kind of reward that you would like to receive. Hence, it is easy to convert your points into miles, gift cards, merchandise, and even hotel stays.
Citi ThankYou® Preferred Rewards Card
The points that you accumulate using this card are called ThankYou® Points. Citi® provides huge bonus points when you sign up for the credit card. Every dollar you spend will not go unrewarded. Plus, you also get extra points each year during the anniversary of your credit card. Points never expire and there is also no restriction on the total amount of points you collect.
Citi® Diamond Preferred® Card
If you are planning to transfer your balances to a new credit card, the Citi® Diamond Preferred® Card may be a good option. Not only does it have 0% intro APR on balance transfers but it also gives the same offer to purchases. You do not have to worry about interest rates for the rest of the introductory period. Aside from that, since this is a Diamond credit card, you get access to exclusive benefits and services. These include 24/7 concierge services, ticket presales, VIP packages, hotel and flight upgrades, and several more.
Starwood Preferred Guest® Credit Card from American Express
If you are a frequent traveler, here is a good card to consider. The Starwood Preferred Guest® Credit Card from American Express gives you the chance to get free nights at more than 1,000 hotels. There are also free flights that you can take advantage of at almost 400 airlines. You can claim your rewards anytime you wish and even boost your Starwood Preferred Guest® status to earn exclusive benefits.
Based on the features of each preferred credit card above, it is noticeable that preferred credit cards have some very enticing offers that cannot be found in other types of cards. If you want to enjoy the perks and benefits offered by preferred cards, start searching now for the one that best fits your needs and lifestyle and send in an application.
Compare the different Preferred credit cards below: