What is the best credit card to get reward points?
CREDIT cards can be helpful to spread the cost of a big purchase, or to earn reward points on everyday spending. The latter may offer points to use on flights, or cashback on your weekly food shop. We round up the best ones. Similar to a standard credit card, the reward versions give you an approved balance. But the latter go slightly further as the more you spend, the more points or cashback you receive. This type of credit card is suitable for customers who pay off their credit card in full every month and want to be rewarded for their spending. There may be certain limits on how much cashback you can receive each month - plus be aware of any monthly or annual fees. What to keep in mind about credit cards CREDIT cards can be helpful in earning rewards and boosting your credit score - but only if they're used in the right way. It is important to make your monthly repayments each month or you will be charged interest. This is known as the annual percentage rate (APR) and typically ranges from 14% to 25%. It may also be tempting to only make the minimum repayment if you are in an interest-free period, but make sure your balance is cleared by the end of the deal term or you will be charged interest on what is owed. The advertised credit limit or rate is only offered to the applicants with the best credit score, so you may actually be rejected or be offered a worse deal. Missing payments can damage your score and make it harder to access the best deals. Best credit cards for reward points  Cashback  The Chase Freedom Unlimited rewards card gives you 5% cashback on grocery store purchases on up to $12,000 spent in the first year. If you spend at least $500 on purchases in the first three months from account opening, you'll get a $200 bonus as well. You can also earn unlimited 1.5% cashback on all other purchases. Purchases can be made interest-free for 15 months after which it moves to an APR ranging from 14.99% to 23.74%. Similarly, the Wells Fargo Active Cash Card pays 2% cashback and has an interest-free spending period of 15 months. The APR move to between 14.99% and 24.99% after this. If you spend a higher $1,000 in the first three months, you'll get the same $200 cash bonus. The Bank or America Customized Cash Rewards card will let you choose the categories that you earn cashback for, giving you 3% back. Users also earn 2% on grocery store spending of up to $2,500 each quarter. Its APR ranges from 13.99% to 23.99%. Points for airlines  If you'd rather earn points for future holidays, the Chase Sapphire Preferred Card gives 2x points on dining out, takeaway and travel. You'll get 100,000 bonus points if you spend $4,000 in the first three months from account opening. Of course, this isn't suitable for everyone so make sure you don't spend more than planned or it can't be considered a good deal. The bonus points are worth $1,250 when redeemed through Chase Ultimate Rewards, but be aware of the $95 annual fee - $7.92 a month. The APR ranges between 15.99% and 22.99%. If you're keen to avoid a yearly fee, the Delta SkyMiles Blue American Express Card is suitable for travellers with Delta. It comes with no fee and you'll earn 10,000 bonus miles if you spend $500 in the first three months after opening the account. The APR ranges for this card is between 15.74% to 24.74% for purchases. We round up other top credit cards for purchases and balance transfers. Check out your refund rights if you made a purchase on your credit card during the July 4 sales. Meanwhile, Wells Fargo plans to axe personal lines of credit affecting thousands of struggling customers.