What are the Top Credit Cards for 2015?

As an expert in the field of credit cards, I am excited to share with you the top credit cards for 2015. With so many choices available, it can be overwhelming to decide which credit card is right for you. In this article, we will take a detailed look at the top credit cards for 2015 and provide valuable tips on how to maximize your savings and avoid potential risks.

1. Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is a popular choice for many consumers due to its impressive rewards program. Cardholders earn 2 points for every dollar spent on travel and restaurants and 1 point for every dollar spent on all other purchases. Additionally, new cardholders can earn 60,000 bonus points after spending $4,000 in the first 3 months of account opening. This bonus is worth up to $750 in travel rewards when redeemed through the Chase Ultimate Rewards program.

2. Citi Double Cash Card

If you are looking for a simple and straightforward rewards program, the Citi Double Cash Card is a great option. Cardholders earn 1% cash back on all purchases and an additional 1% cash back when they pay their statement balance on time. There are no annual fees with this card, making it a great choice for those who want to maximize their savings without incurring additional costs.

3. Discover it Cash Back Card

The Discover it Cash Back Card is a popular choice among consumers due to its rotating cash back categories. Cardholders can earn 5% cash back on up to $1,500 in purchases in categories that change every quarter. Additionally, cardholders can earn 1% cash back on all other purchases. There is no annual fee with this card and Discover will even match all the cash back you have earned at the end of your first year.

4. American Express Blue Cash Preferred Card

For those who spend a significant amount on groceries and gas, the American Express Blue Cash Preferred Card is a great choice. Cardholders earn 6% cash back on up to $6,000 in purchases at US supermarkets per year and 3% cash back on purchases at US gas stations and select department stores. There is an annual fee of $95 with this card, but the rewards can easily outweigh the cost.

Tips for Maximizing Your Savings

In order to maximize your savings with your credit card, it is important to pay off your balance in full each month to avoid accruing interest charges. Additionally, it is important to take advantage of any rewards programs offered by your credit card company by using your card for everyday purchases and paying attention to any rotating categories. Lastly, it is important to monitor your credit score and report any fraudulent activity on your account to your credit card company immediately.

Avoiding Potential Risks

While credit cards can offer many benefits, there are also potential risks involved. It is important to read the fine print and understand the terms and conditions of your credit card agreement. Additionally, it is important to monitor your credit score and report any fraudulent activity on your account to your credit card company immediately.

Credit Card Companies to Consider

When choosing a credit card, it is important to consider the reputation and customer service of the credit card company. Some of the top credit card companies to consider include Chase, Citi, Discover, and American Express.

In conclusion, there are many credit card options available for consumers in 2015. By understanding the rewards programs, maximizing your savings, and avoiding potential risks, you can choose the right credit card for your needs and make the most of your spending.