Downgrade Business Gold Rewards to Blue Business Plus
Best Credit Card Offers
July 2022
Every month we share what we believe are the top credit card offers on the market according to the 10xT staff. Today we are going to take a look at the best credit card offers for the month.
We rank these offers by looking at their signup bonuses, cardholder perks, ongoing value, and any fees they may charge. And while the best offer for you will vary depending on a number of factors, we am going to rank the top offers based on the order in which we think they should be considered by the average person.
We divide these top credit offers in to two lists, one for those of you who are over 5/24 and one for those of you who are under.
You can also view our favorite card choices by category by seeing our favorite picks for airline credit cards, hotel credit cards, travel credit cards, cash back credit cards, balance transfer cards, and business cards.
Advertiser Disclosure
10xTravel is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
Editors Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Best Credit Cards Above 5/24
1. The Platinum Card® from American Express
Current Offer
100,000
Membership Rewards® Points
after you spend $6,000 on purchases in your first 6 months of Card Membership.
Annual Fee:
$695
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel on up to $500,000 on these purchases per calendar year (1x thereafter).
5X
5X Membership Rewards® Points on prepaid hotels booked on amextravel.com.
5X
Earn 1x Membership Rewards® Points on all other purchases.
1x
Like the Chase Sapphire Reserve®, the Platinum Card from American Express is another example of a high-annual fee card that comes with a ton of great benefits. You will also want to check the Card Match tool to see if you are...
2. Citi Premier® Card
Current Offer
80,000
Citi ThankYou Points
after making $4,000 in purchases with your card within the first 3 months of account opening.
Annual Fee:
$95
Terms Apply.
Earn 3x points at Restaurants
3x
Earn 3x points at Supermarkets
3x
Earn 3x points at Gas Stations
3x
Earn 3x points at Air Travel and Hotels
3x
Earn 1x points on all other purchases
1x
The Citi Premier is one of the better (and most misunderstood) travel cards on the market. This card is basically Citi's version of the Chase Sapphire Preferred. The ThankYou Points can either be used to book travel (airfare, hotels, etc.) via the...
3. Capital One Venture Rewards Credit Card
Current Offer
after you spend $4,000 on purchases within 3 months from account opening.
Annual Fee:
$95
Terms Apply.
miles on purchases with Turo
5X
miles on all purchases
2X
The Capital One Venture Rewards Credit Card is one of the most well-known cards in the travel space. Capital One recently introduced more than a dozen transfer partners, including Air Canada, Air France, Etihad, and Cathay Pacific. Points transfer to...
4. Capital One Venture X Rewards Credit Card
Current Offer
after you spend $4,000 in purchases in the first 3 months.
Annual Fee:
$395
Terms Apply.
On hotels and rental cars booked through Capital One Travel
10X
On flights booked through Capital One Travel
5X
On all other purchases
2X
There's a lot to love about the Capital One Venture X Rewards Credit Card. Sure, it might be a glorified Capital One Venture Card, but it has some compelling credits to help justify it over its little brother. You can...
5. American Express® Gold Card
Current Offer
60,000
Membership Rewards® Points
after you spend $4,000 on eligible purchases with your new Card within the first 6 months. Terms apply.
Annual Fee:
$250
4x at restaurants, plus takeout and delivery in the U.S.
4x
4x at US supermarkets, on up to $25,000 per calendar year in purchases, then 1X
4x
3x for flights booked directly with airlines or on amextravel.com
3x
1x on other eligible purchases
1x
The American Express® Gold Card shoots up the rankings this month thanks to an elevated welcome bonus! This is the highest welcome bonus we have seen on this card (publicly, anyway) for quite some time. Terms apply. Rates and fees....
6. The Business Platinum Card® from American Express
Current Offer
120,000
Membership Rewards® Points
after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of Card Membership
Annual Fee:
$695
Earn Membership Rewards® Points on flights and prepaid hotels on amextravel.com
5x
Earn 1.5X Membership Rewards® Points on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year
1.5x
Earn 1x Membership Rewards® Points on each eligible purchase
1x
The Business Platinum Card® by American Express is one of the premier business cards on the entire market, and for good reason. The card is currently offering a generous 120,000 point welcome offer, though many readers are able to find...
7. American Express® Business Gold Card
Current Offer
70,000
Membership Rewards® Points
after spending $10,000 in the first 3 months. Terms apply.
Annual Fee:
$295
Earn 4X points in the 2 select categories where you spend the most each month
4x
Earn 1x Membership Rewards® Points on all other purchases.
1x
The real benefit of the American Express® Business Gold Card is the the fact that you earn 4x points on the two categories with the highest spending each month, automatically. These categories include flights purchased directly from airlines, U.S, purchases...
8. AAdvantage Aviator Business Mastercard
Current Offer
after spending $2,000 on purchases in the first 90 days, plus a $95 statement credit
Annual Fee:
$95
Terms Apply.
miles per $1 spent with American Airlines
2x
miles per $1 spent on office supply, telecom, and car rental purchases
2x
mile per $1 on everything else
1x
A great card for loyal American Airlines customers who can qualify for business cards. Low minimum spend required to earn the bonus.
9. CitiBusiness / AAdvantage Platinum Select World Elite MasterCard
Current Offer
after $4,000 in purchases within the first 3 months of account opening.
Annual Fee:
$99 $0 for your first year, then $99.
Terms Apply.
Earn 2 miles for every $1 spent on cable and satellite providers
2x
Earn 2 miles for every $1 spent on eligible American Airlines purchases
2x
Earn 2 miles for every $1 spent at gas stations
2x
Earn 2 miles for every $1 spent on select telecommunications merchants
2x
Earn 2 miles for every $1 spent on car rentals
2x
Earn 1 mile for every $1 spent on other purchases
1x
A very typical co-brand business credit card, the CitiBusiness / AAdvantage Platinum Select Elite MasterCard comes with the usual perks of free checked bags, preferred boarding, etc. A good grab for loyal AA travelers.
10. Hilton Honors American Express Aspire Card
Current Offer
after you spend $4,000 in the first 3 months. All information about The Hilton Honors American Express Aspire Card has been collected independently by 10xTravel. The Hilton Honors American Express Aspire is no longer available through 10xTravel.
Annual Fee:
$450
Terms Apply.
Points per $1 spent on Hilton purchases
14x
Points per $1 spent on eligible airfare, car rentals, and U.S. restaurants
7x
Points per $1 on all other purchases
3x
A great choice for frequent Hilton customers thanks to the 14x points at Hilton properties, Hilton Diamond Status, resort credits and more. Note that this card has a $450 annual fee though.
11. Hilton Honors American Express Surpass® Card
Current Offer
130,000
Hilton Honors Bonus Points
after you make $2,000 in eligible purchases within the first 3 months of Card Membership.
Annual Fee:
$95
Earn 12X Hilton Honors Bonus Points for each dollar of eligible purchases charged on your Card directly with hotels and resorts within the Hilton portfolio.
12x
Earn 6X Hilton Honors Bonus Points for each dollar of eligible purchases on your Card at U.S. restaurants, U.S. supermarkets, and U.S. gas stations
6x
Earn 3X Hilton Honors Bonus Points for all other eligible purchases on your Card
3x
Overall this card is great when compared to other Hilton offers but in the middle of the pack in the world of hotel cards. Remember, these are Hilton points we are talking about so don't get too excited by the...
12. The Hilton Honors American Express Business Card
Current Offer
130,000
Hilton Honors Bonus Points
after you spend $3,000 in purchases on your card in the first 3 months.
Annual Fee:
$95
Earn 12X at hotels & resorts in the Hilton portfolio.
12x
Earn 6X at US gas stations, US purchases for shipping, on wireless telephone services purchased directly from US service providers.
6x
Earn 6X points on flights booked directly with airlines or with Amex Travel
6x
Earn 6X on car rentals booked directly from select car rental companies
6x
Earn 6X at US restaurants
6x
Earn 3X on all other eligible purchases.
3x
A great choice for business owners who find themselves staying at Hilton properties on a regular basis. This card earns 12x points on spend at Hilton properties and also comes with complimentary Hilton Gold Status. All for a reasonable $95...
13. Delta SkyMiles® Reserve Business American Express Card
Current Offer
after spending $6,000 in purchases on your new Card in your first 3 months of Card Membership. Limited time offer ends 8/3/2022.
Annual Fee:
$550
Miles per $1 spent with Delta
3x
Miles per $1 spent after you spend $150,000 in a calendar year
1.5X
Miles per $1 spent on all else
1x
High fee, high perk credit card for business owners who frequently travel with Delta. The high welcome offer and ability to earn MQMs with this card make it a very appealing for most people to at least consider trying. This...
14. Delta SkyMiles® Platinum Business American Express Card
Current Offer
after spending $4,000 in purchases on your new Card in your first 3 months of Card Membership. Limited time offer ends 8/3/2022.
Annual Fee:
$250
Earn 3 Miles on every dollar spent on eligible purchases made directly with Delta.
3x
Earn 3 Miles on every eligible dollar spent on purchases made directly with hotels.
3x
Earn 1.5 miles per dollar on single eligible purchases of $5,000 or more (that's an extra half point per dollar), up to 50,000 additional miles per year.
1.5x
Earn 1 Mile on every eligible dollar spent on other purchases.
1x
Very typical business co-brand airline credit card but with a slant toward premium travelers. Free checked bags, 3x points on purchases with the airline, etc. Right now this card has generous welcome offer that is enough to encourage just about...
15. Delta SkyMiles® Reserve American Express Card
Current Offer
after you spend $5,000 in purchases on your new Card in your first 3 months. Limited time offer ends 8/3/2022.
Annual Fee:
$550
Earn 3X Miles on Delta purchases.
3x
Earn 1X Mile on all other eligible purchases.
1x
This is the most premium Delta co-brand credit card, coming with a hefty $550 annual fee but a long list of benefits as well. This card gives you free access to Delta Sky Clubs when flying Delta and also free...
16. Hilton Honors American Express Card
Current Offer
80,000
Hilton Honors Bonus Points
after you use your new Card to make $1,000 in eligible purchases within the first 3 months of Card Membership.
Annual Fee:
$0
Earn 7X Hilton Honors Bonus Points for each dollar of eligible purchases charged directly with hotels or resorts within the Hilton portfolio.
7x
Earn 5X Hilton Honors Bonus Points for each dollar of eligible purchases at U.S. restaurants, U.S. supermarkets, and U.S. gas stations.
5x
Earn 3X Hilton Honors Bonus Points for all other eligible purchases on your Card.
3x
A very basic, no-fee Hilton card that comes with a handful of perks valuable to loyal Hilton travelers.
17. Delta SkyMiles® Platinum American Express Card
Current Offer
after you spend $3,000 in purchases on your new Card in your first 3 months. Limited time offer, ends 8/3/2022.
Annual Fee:
$250
Earn 3X Miles on Delta purchases and purchases made directly with hotels.
3x
Earn 2X Miles at restaurants worldwide, including takeout and delivery in the U.S., and at U.S. supermarkets.
2x
Earn 1X Miles on all other eligible purchases.
1x
American Express recently refreshed all of their Delta card products, including the Delta SkyMiles Platinum Card. This is the more expensive version of this popular co-brand card that comes with a handful of perks to justify the higher annual fee....
18. Delta SkyMiles® Gold Business American Express Card
Current Offer
after spending $3,000 in purchases on your new Card in your first 3 months of Card Membership. Limited time offer ends 8/3/2022.
Annual Fee:
$99 $0 for your first year, then $99.
Earn 2x miles on Delta purchases.
2x
Earn 2x miles on eligible U.S. purchases for advertising in select media.
2x
Earn 2x miles on eligible U.S. shipping purchases.
2x
Earn 2x miles on every eligible dollar spent at restaurants.
2x
Earn 1x miles back on all other purchases
1x
A very typical co-brand business card, the Delta SkyMiles Gold Business American Express Card comes with a modest annual fee (that is waived for the first year) as well as priority boarding and your first checked bag free. Overall this...
19. Delta SkyMiles® Gold American Express Card
Current Offer
after you spend $2,000 in purchases on your new Card in your first 3 months. Limited time offer ends 8/3/2022.
Annual Fee:
$99 $0 for your first year, then $99.
Earn 2x miles on Delta purchases
2x
Earn 2x miles on restaurants worldwide, including takeout and delivery in the U.S.
2x
Earn 2x miles at U.S. supermarkets
2x
Earn 1x miles back on all other eligible purchases
1x
This is one of the most popular airline credit cards on the market. It's very difficult to tell you the value of this card bonus due to the unpredictability of Delta's award redemptions. Delta does not have an award chart...
20. JetBlue Plus Card
Current Offer
After you spend $1,000 and pay the annual fee in full in 90 days.
Annual Fee:
$99
Terms Apply.
Points per $1 spent on JetBlue purchases
6x
Points per $1 spent at restaurants on grocery stores
2x
Points per $1 spent on everything else
1x
JetBlue's cobranded credit card, issued by Barclays. Overall its an ok offer for loyal JetBlue customers but keep in mind that JetBlue does not service large portions of the USA and flies very few international routes. The spending rewards on...
21. Citi® / AAdvantage® Platinum Select World Elite Mastercard
Current Offer
after $2,500 in purchases within the first 3 months of account opening.
Annual Fee:
$99 $0 for your first year, then $99.
Terms Apply.
Earn 2 miles for every $1 spent at restaurants and gas stations
2x
Earn 2 miles for every $1 spent on eligible American Airlines purchases
2x
Earn 1 mile for every $1 spent on other purchases
1x
Perhaps the most popular American Airlines branded card, the Citi AAdvantage Platinum Select MasterCard comes with priority boarding, free checked bag, savings on in-flight purchases, and a nice bonus for new card holders.
22. AAdvantage® Aviator® Red World Elite Mastercard®
Current Offer
50,000
Total AAdvantage Bonus Miles
after your first purchase and payment of the $99 annual fee
Annual Fee:
$95
Terms Apply.
AAdvantage Miles for every $1 spent with AA
2x
AAdvantage Miles on all other purchases
1x
The Barclays Aviator Card is one of two American Airlines branded cards (the other is issued by Citi). Both are very similar, and are very typical for a co-branded airline credit card. The recent launch of the AA web specials...
23. Capital One Spark Miles for Business
Current Offer
after you spend $4,500 in the first 3 months
Annual Fee:
$95 $0 for your first year, then $95.
Terms Apply.
Miles on every purchase
2x
Miles on hotel and rental car bookings made through Capital One Travel
5x
Spark Miles is basically the business version of the Capital One Venture. The two cards earn the same exact points, which can be redeemed to do the exact same things. The points can transfer to a handful of airline partners...
24. Capital One Spark Cash Plus
Current Offer
Earn $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months.
Annual Fee:
$95 $0 for your first year, then $95.
Terms Apply.
Cash Back on every purchase
2%
Perhaps the best cash back card on the market for business owners thanks to a hefty bonus and great ongoing spend earnings. Business owners can use this card to earn a flat 2% cash back on every purchase with no...
25. Marriott Bonvoy Business™ American Express® Card
Current Offer
75,000
Bonus Marriott Bonvoy Points
after you spend $3,000 on eligible purchases in the first 3 months.
Annual Fee:
$125
Earn 6X points for each dollar of eligible purchases at participating Marriott Bonvoy™ hotels.
6x
Earn 4X points for each dollar of eligible purchases at U.S. restaurants, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers & on U.S. purchases for shipping.
4x
Earn 2X points on all other eligible purchases.
2x
Easily the best business card for die-hard Marriott loyalists, the Marriott Bonvoy Business American Express card comes with a handful of benefits for a reasonable annual fee. Earn 6x points at participating Marriott Bonvoy hotels, 4x at U.S. restaurants and...
26. Marriott Bonvoy Brilliant™ American Express® Card
Current Offer
75,000
Bonus Marriott Bonvoy Points
after making $3,000 in purchases in the first 3 months.
Annual Fee:
$450
Points for every $1 spent at Marriott Bonvoy hotels
6x
Points for every $1 spent at U.S. Restaurants and flights booked directly with airlines
3x
Points for every $1 spent on all other purchases
2x
This is still the best premium card option for loyal Marriott guests looking for card perks and a decent bonus. These points can be used to book Marriott stays or transferred to 20+ airlines at a rate of 3:1, with...
27. U.S. Bank Altitude Reserve
Current Offer
after you spend $4,500 in the first 90 days
Annual Fee:
$400
Terms Apply.
Points per $1 spent on prepaid hotels and car rentals, book directly with U.S. Bank
5x
Points per $1 spent on eligible travel purchases and mobile wallet spending
3x
Points per $1 spent on takeout, food delivery, and dining purchases through December 31, 2020
3x
Points per $1 spent on all else
1x
First thing to know: You have to be a U.S. Bank Customer to get this card. Which eliminates it for a lot of people. U.S. Bank's Premium travel credit card, the Altitude Reserve comes with a handful of great perks...
28. The Blue Business® Plus Credit Card from American Express
Current Offer
15,000
Membership Rewards Points®
after you spend $3,000 in the first 3 months
Annual Fee:
$0
Earn 2X Membership Rewards® points on everyday business purchases regardless of category, up to $50,000 in spend per year
2x
Earn 1x on all purchases after that
1x
A great everyday spender for business owners because of its 2x earning rate on all purchases up to $50,000 annually (1x thereafter). Ideal for non category spending to fill in the "gaps" left by other popular business credit cards
Frequently Asked Questions
Which is the best rewards credit card?
While it may not be the one you're hoping for, the answer is "it depends." There are numerous factors that can go into choosing a credit card, including your spending habits, your travel goals and even where you live, so the best option for you could differ completely from the best option for someone else. Here are a few things to keep in mind that can help you make your selection:
Business vs. personal: What will the purpose of your credit card be? Are you looking for something to use for personal expenses or for business purchases? Business credit cards are tailored to suit business owners, with bonuses on categories associated with running a business and perks to match. Personal credit cards, on the other hand, can be more rewarding for everyday purchases.
Your credit score: Before you dive into your research, it's important to know your credit score so that you have an idea of what types of cards you might reasonably expect to get approved for. While the top rewards cards typically require stellar scores, there's a range of great options out there no matter where your score currently stands. Using your new card responsibly can also help bolster your credit score, so you may be able to aim higher next time around.
Reward type: Are you looking for cash back that will go straight into your pocket? Trying to collect frequent flier miles to use with your favorite airline? Or are you interested in diving a bit deeper and focusing on transferable points that can unlock aspirational travel experiences? Deciding what you want to earn—and how much effort you want to put into redeeming your rewards for maximum value—is crucial to narrowing down the field.
Bonus categories: Generally speaking, you'll want to look for a card that earns bonus rewards on categories where you spend the most money. Foodies might be interested in cards that earn extra points or cash back at restaurants or grocery stores, for example, while van lifers may want to net bonus points on gas. No matter where most of your money goes, you're likely to find a card (or cards) that will reward you on some of your top categories.
Other benefits: It's not all about earning, though. The great thing about rewards credit cards is that many of them come with an array of other perks, which can include lounge access, hotel status or credits to use on everything from airline fees to food delivery. If you find a card has benefits that can save you money—and you know you can put them to good use—that may be reason enough to apply.
Annual fee: Of course, those benefits don't (always) come free. For the most part, the most souped up cards also carry the highest annual fees. But that's not to say there aren't plenty of great cards out there with reasonable fees (or no fees at all!). And it's also not to say that the high-priced cards can't be well worth the money. It all depends on how much value you'll get from the card and what you're willing to pay for it.
Will taking out a rewards credit card hurt my credit score?
When used responsibly, credit cards actually help, rather than hurt, your credit score. Demonstrating over time that you can consistently make on-time payments is a great way to signal to lenders that you're trustworthy and responsible.
That said, your credit score will see a temporary ding whenever you apply for a new card. Before you do, you'll want to weigh any near-term moves you may be making that depend on your credit score—taking out a mortgage, for example.
How long should I keep my rewards credit card?
Credit card companies are getting stricter and stricter when it comes to cracking down on user behavior they classify as "gaming" the system, or opening and closing cards specifically to accrue sign-up bonuses. To keep yourself in good standing with banks, it's important to plan on keeping a card for at least a year after you open it. If you're picking a credit card that suits your needs, it's likely you'll want to keep it for much longer anyway!
Of course, card issuers are continually tweaking their products and rolling out new ones, so you may find that eventually the card you have isn't the optimal one for you or your lifestyle. It's also important to regularly audit your wallet to make sure you're getting enough value out of the card or cards you do have to justify any annual fees.
If you do find that you're ready to bid farewell to a card, we always recommend looking to downgrade a card before outright cancelling it. In general, the longer your lines of credit have been open, the better for your credit score, so cancelling can have implications there. Downgrading to no-fee card keeps the same line of credit up and running without you having to pay a dime.
How many rewards credit cards is too many?
Once again, the important thing here is to avoid engaging in any behavior that might look risky to banks. Taking out multiple cards in a manner of months? That might raise some red flags.
On the other hand, if you're using cards responsibly—spacing out applications by at least a few months, making all payments on time and keeping your cards open for at least a year—you can easily have a credit card tally into the teens and preserve an excellent credit score. In that case, it's more about personal preference and how well you can keep track of them all!
While a hard and fast limit may not exist on how many cards you have overall, some issuers have started putting their own limits on how many of their cards you can hold at once or take out in a given time period. Chase has its infamous 5/24 rule—you'll automatically be rejected for certain Chase cards you apply for if you've already taken out five cards from any issuer in the last 24 months—and American Express has a four-credit-cards-per-customer cap (and a 10-card limit for charge cards).
Is a rewards credit card worth the annual fee?
Almost every rewards card out there will offer you more than enough value to offset the annual fee. Travel cards in particular tend to offer sign-up bonuses that are big enough to redeem for international flights, providing plenty of bang for your buck. Cards commonly also come with various perks and credits that can effectively knock hundreds of dollars off the fees you pay.
The question then, becomes whether you can—and will—actually use the perks and credits in order to offset those fees. For example, the $695 Platinum Card from American Express comes packed with benefits, including up to $200 in annual Uber savings, a $200 airline fee credit, a $100 hotel credit when booking through The Hotel Collection and $100 in annual Saks credits. Those credits alone add up to more than the annual fee, but if you don't travel frequently, you might not be able to put them all to use.
It's all a matter of finding the card that works best for you. We can all but guarantee that there's a card out there that'll be worth the fee in terms of what it nets you in rewards—and if not, there are plenty of lucrative offers for fee-free cards out there, too!
Do rewards cards carry high interest rates?
Yes—and that's one key reason we recommend only taking out a card whose balance you know you can pay off in full each month. While you'll earn points or cash back from putting spend on the card, they won't wind up outweighing what you'll pay in interest if you carry a balance.
Source: https://10xtravel.com/best-credit-cards/
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