Best rewards credit cards for August 2021 – CNET

You can redeem your Capital One Savor rewards in the form of a statement credit or as a check, at any amount (no minimum thresholds or maximum earning caps).
If you’re planning multiple trips this year or travel more than most, a top-notch travel rewards credit card can offer you excellent savings, when used responsibly. The Chase Sapphire Reserve is a general travel rewards credit card, meaning you earn points on any travel or dining purchase, not just with a single airline, and your redemption options are much more flexible and transferable. The Chase Sapphire Reserve rewards card is even better for those who value the additional travel perks like travel insurance, hotel discounts and freebies, and lounge access. This travel card offers great value for anyone spending around ,000 or more annually on travel (flights, hotels, rental cars, trains, buses, taxis) and dining (restaurants, cafes, bars) combined.
This rewards credit card works well whether it’s the only card in your wallet or used to supplement a specific category card, like a travel credit card, which may offer higher bonuses for a particular type of purchase. It can also be useful when paired with a card that earns Chase Ultimate Reward points, because you can convert your rewards into points, which can increase their value. Keep in mind that cards that offer higher rates on certain categories — like the Capital One Savor’s 4% cash back for dining and entertainment — may offer lower rates on other categories. As such, it pays to have that flat 1.5% cash back from the Freedom Unlimited card for everyday purchases that don’t fall into other cards’ bonus categories.

The Savor card’s headline rate is the 4% you get on dining and entertainment, which includes bars and restaurants for dining and “tickets to a movie, play, concert, sporting event, tourist attraction, theme park, aquarium, zoo, dance club, pool hall or bowling alley” for entertainment. If you’re like most American consumers who spend more on dining than entertainment, then note the emphasis on that part of the bonus. 

Best overall cash-back rewards card

Best Apple rewards

New card members will receive 0 in bonus cash if you spend 0 or more during your first three months of card membership — one of the lowest bonus thresholds among the cards profiled here. Note that the 5% cash back on travel is only for trips booked through the company’s Chase Ultimate Rewards service. Though it offers a lower standard rate (1.5%) than the Citi Double Cash Card (up to 2% cash back; 1% when you buy plus 1% when you pay for those purchases), we think that flat 1.5% rate plus the higher category spending rates make it the better card overall for most people. 
To be honest, the Apple Card offers very few benefits outside of Apple purchases, but if you’re in the market for a new MacBook for a college student or upgraded iPhone, this rewards credit card does boast some impressive Apple perks. 
Points can be redeemed multiple ways: You can transfer points to one of 13 travel partners, including 10 airlines, at a redemption rate of up to 2 cents per point for a 6% total return (bear in mind you won’t always get maximum value for every trip), according to the Points Guy’s most recent valuations. You can also book travel (flights, hotels, cruises, etc) through Chase’s Ultimate Rewards portal, which will get you a rate of 1.5 cents per point, or .50 for 100 points — a return of 4.5% on travel and dining purchases (well above most airline credit cards). Another option is cash redemption at a 1-cent rate, effectively turning your card into a 3% cash back credit card for travel and dining purchases.

Best travel rewards card