Maximize your points, cashback rewards, and save lots of money by choosing the best credit cards in the market. Our experts created a guide with great credit cards for July 2019. Check them out here:

1) Wells Fargo Propel American Express Card

• 30,000 bonus points when you spend 3,000 in purchases for the first 90 days
• 3 points per $1 spent on eating out and ordering in, gas, rideshares, and transit; flights, hotels, homestays, and car rentals; popular streaming services
• 1 point per $1 spent on other purchases
• No annual fee
• No foreign transaction fees
• 0% intro APR on purchases and balance transfers for 12 months

2) Citi Premier Card

• 60,000 bonus points after spending at least $4,000 in purchases for the first 90 days
• 3 points per $1 spent on travel (including gas stations); 2 points at restaurants and on entertainment; 1 point on all other purchases
• No foreign transaction fees
• $95 annual fee
• Redeem for $750 in airfare on any airline, anytime with no blackout dates

3) AAdvantage Aviator Red World Elite Mastercard

• 2 points per $1 spent on elegible American Airline purchases
• 1 point per $1 spent on all other purchases
• First elegible checked bag free on domestic American Airlines
• Preferred boarding
• Receive 25% on inflight food and beverage purchases
• No foreign transaction fees
• $0 Fraud liability

4) US Bank Cash+ Visa Signature Card

• 5% cash back on your first $2,000 in elegible purchases each quarter on two categories you choose
• 2% cash back on one everyday category like gas stations, grocery stores or restaurants
• $150 bonus after spending at least $500 in elegible net purchases within the first 90 days
• 0% intro APR on balance transfers for 12 months
• No annual fee

5) Capital One Savor Cash Rewards Credit Card

• No foreign transaction fees
• $0 intro annual fee, then it's $95
• $300 bonus after spending $3,000 on purchases within the first 3 months
• 4% cash back on dining and entertainment
• 2% cash back at grocery stores
• 1% cash back on all other purchases
• No minimum redemption

6) Wells Fargo Cash Wise Visa Card

• $150 cash rewards after spending at least $500 in purchases within the first 3 months
• No annual fee
• Unlimited 1.5% cash rewards on purchases
• 0% intro APR on purchases and balance transfers for 15 months
• Rewards don't expire

Advertorial Disclosure: The content of this post, which was created by our Ad Services team, has not been reviewed, approved, or endorsed by any party mentioned herein.

Credit cards can be powerful spending tools, especially when they offer points, miles, or cash back on your purchases. They also often will offer benefits like an extended warranty, car rental insurance, and price protection. But if you don’t have a credit card payoff strategy, you could be in big financial trouble. Spending more than you can afford each month will leave you carrying a balance with interest that will add up quickly. Luckily, if you keep a zero balance or an extremely low balance, time your purchases right, and know what rewards you are entitled to, the benefits of a credit card can be leveraged without you falling into debt. So what kind of strategy should you have?

Borrow Cheaply

Interest rates are beginning to creeping up on every kind of loan, but introductory low-rate credit offers can still be found.
Some consumers can successfully use these offers to pay their college tuition, consolidate debt, , or even pay off an expensive home equity line of credit.
You have to be on the lookout for the traps, of course, and these include fees that are as much as 5% on a balance transfer and skyrocketing rates if you make your payment even one hour late. Remember that maxing out a credit card can also lower your credit score, and this will result in higher rates on any other credit card balances you may be carrying. Take a lower rate when you can, but just be sure to tread carefully. When opting for a 0% introductory APR offer, be sure to pay off any balances you transfer or any new purchases before that introductory rate expires. If you’re the type of person who routinely carries a balance, check out a low-interest credit card.

So what should you do if you’re paying interest every month on your credit card balance? What’s the best balance transfer card for you? Find out below.

Watch out for fees

You’re likely thinking that a balance transfer sounds like a great idea—and it often is. But the balance transfer fee also needs to be factored into your calculations. What is a balance transfer fee? This is a charge that is imposed by the bank that’s offering the card you’re moving your current debt to. This fee will be determined by how much you’re actually transferring to the new credit card. You will often see the balance transfer fee being expressed as something like “$10 or 3% of the balance transferred, whichever is higher”. Keep in mind that balance transfer fees are also paid up front Although it may not sound like much, it can really take a bite out of your savings when you transfer a large balance. In the example we used above, you’re not really saving $1,700. Because of the $300 fee you’ll need to pay, you’re only saving $1,400. While this is still a considerable savings, it is not quite as impressive as it first seemed. Some cards not charge you a balance transfer fee at all, or they may give you a certain period of time after you open the account before you need to pay this fee.

Ready for a balance transfer? Some tips to consider

Here are some tips for balance transfer success:

• Look for a card that not only offers a 0% APR for a long period of time but also does not charge a fee.
• If you don’t have a high enough credit score to qualify for a card that meets both these criteria, you should carefully consider the cost differences between paying interest and paying a balance transfer fee. The card that will make the most sense depends on the size of your balance and how long it should take you to pay it off with your current resources.
• Be sure to pay down your debt religiously before the 0% interest period is up.
• Don’t cancel your old credit card quite yet as this could damage your credit score.
• On-time payments should be a priority. If you miss a payment, your 0% interest deal will probably be canceled.
• Be very careful about moving your credit card debt to a new card and then charging more purchases to the old card. Doing this will negate any of the benefits you received and land you in even more debt.

 

Credit cards already come with great things like low-interest rates and cash back rewards. In addition to that, there are other awesome credit card benefits you should know and take advantage of. Above of all, these perks could help you save some extra money every year.

1- Price Protection

Isn't it upsetting when you buy a product, and then you find out that they are selling it for less just a week later? With price protection, you may receive a refund if you bought the product with your credit card. Don't forget, however, that there is usually a time limit for you to use this perk.

2- Purchase Protection

Purchase protection essentially means that you get coverage if something that you have purchased with your credit card was accidentally damaged, lost or robbed. You might need your receipt and credit card statement, or a police report if your product was stolen.

3- Extended Warranty

Some card networks provide an additional extended warranty for up to a year to the manufacturer's warranty if you purchased the item with your credit card. All you have to do is show your receipt and file a claim, and then you could get a replacement, repair or refund.

4 - Return Protection

The store doesn't want to accept your return, now what do you do? If this happens, your credit card company may refund your item if you purchased the product within a specific timeframe (sometimes up to 90 days).

5 - Free Hotel Nights

If you like to get travel rewards, this is one of the best credit card benefits. Some hotel credit cards offer a free night or free nights every year to customers or as a sign-up bonus offer.

6 - Free Airport Lounge Access

Long airport layovers can be tiring and boring. With this feature, you can take advantage of the airport lounge and enjoy all the amenities it offers. Some may even let you take free guests with you.

7 - Cancellation Insurance

If something unexpected happens and the trip gets canceled, trip cancellation insurance will get you covered. Don't forget that you need to buy it with a credit card that offers this perk.

8 - Travel Accident Insurance

If you suffer an accident during your time away, your credit card may provide support to you and your beneficiaries if you used your card to pay for your travel.

9 - Lost Luggage Protection

Don't get desperate if your luggage gets lost. As long as you bought your ticket with your credit card that offers this benefit, you'll get lost luggage protection. Some cards will cover up to 3,000 dollars.

10 - No foreign transaction fees

Don't you hate it when you have to pay an extra fee for international purchases? Thankfully, there are some cards with zero foreign transaction fees so that you can save some money when you're traveling.

Read your agreement to find out additional credit card benefits

It is always important to read your credit card agreement because you might be missing out on other great perks like early access to concert tickets, car rental insurance, priority boarding and so on.