Do you love eating out? Then, you need to discover the best credit cards for restaurants and where to use them. Some regular credit cards reward you for eating out and for other purchases as well; so you don’t have to carry multiple cards for several purposes. Check out the 7 best credit cards for restaurants below;
Uber Visa | Best Credit Cards For Restaurants
The Uber Visa is arguably the best credit card for restaurants. This card pays as high as 4 percent back on dining including restaurants, takeout, bars, and even UberEATS. On top of the 4 percent rewards you earn on dining purchases, you’ll also earn 3 percent back on travel purchases, 2 percent on online purchases (including Uber rides), and 1 percent on all your other Uber Visa purchases.
A few other perks include a $50 subscription credit for online subscription services after you spend $5,000 or more on your credit card in a year; up to $600 on mobile phone protection if you pay your phone bill with your credit card; access to exclusive events; and no foreign transaction fees on purchases you make in other currencies. Unlike many other rewards, there’s no signup bonus for new cardholders.
Costco Anywhere Visa Card | Best Credit Cards For Restaurants
Earn 3 percent cash back on both restaurant and eligible travel purchases worldwide using the Costco Anywhere Visa Card. This card also offers 4 percent cash back on up to $7,000 in gas purchases each year; 2 percent on all purchases made at Costco and Costco.com; and 1 percent cash back on all your other purchases.
However, you can only redeem your rewards once a year and they can only be redeemed at Costco. If you’re a big Costco shopper or you want to use your rewards for a big purchase, then this will be a really good deal. Also, you must be a Costco member to apply for the credit card, which is issued by Citi. The current price of a membership for one is $60. Since it’s a Visa credit card, you can use the Costco Anywhere credit card anywhere Visa is accepted.
Regular APR for purchases and balance transfers is 16.74 percent and there’s no annual fee or foreign transaction.
Capital One Savor Card | Best Credit Cards For Restaurants
The Capital One Savor pays an unlimited 3 percent on dining; 2 percent on groceries; and 1 percent on all other purchases. New cardholders can earn a one-time $150 cash bonus after spending $500 on purchases in the first three months from account opening. Capital One Savor makes it easy to max out your restaurant purchases with no spending caps. There’s no limit on the rewards you can earn and you can redeem rewards in any amount.
Pricing: There’s no annual fee, plus you’ll enjoy 0 percent introductory APR on purchase and balance transfers for the first 9 months. After that, the regular APR kicks in at 15.99 percent to 24.74 percent depending on your credit history.
AARP Credit Card from Chase
The AARP Credit Card from ChaseChase pays 3 percent cash back rewards on restaurant purchases. And for every restaurant purchase, you make with your card, 10 cents will be donated to AARP Foundation in support of Drive to Hunger. On top of the 3 percent you earn on restaurant purchases, you’ll earn 3 percent cash back on gas station purchases and 1 percent cash back on all other purchases. You can earn an unlimited amount of rewards and your rewards won’t expire as long as your credit card is open and in good standing.
Earn a $200 signup bonus after you spend $500 on purchases in the first 3 months of opening your account. You can redeem your rewards as a statement credit, a direct deposit into a savings or checking account, for gift cards for brands Amazon and Starbucks, travel, or an access code for AARP membership.
Pricing: There’s no annual fee. The regular APR for purchases and balance transfers is 17.74 percent to 24.49 percent based on your creditworthiness.
U.S. Bank Cash+ Visa Card
The U.S. Bank Cash+ Visa credit card gives you the flexibility to optimize your rewards based on how you spend. Earn 5 percent cashback on your first $2,000 in combined purchases each quarter on two categories you choose. That means you can make one of your categories restaurants and earn 5 percent on up to $2,000 in restaurant purchases each quarter. You’ll also earn unlimited 2 percent cash back on one everyday category like gas or groceries and 1 percent on all other purchases.
New cardholders earn a $150 signup bonus after spending $500 in purchases within the first 90 days of account opening. There’s no annual fee and no minimum required redemption amount. You can redeem cash back in the form of a statement credit or a deposit make to a U.S. bank account. Rewards will expire 36 months after the billing cycle when you earned them.
Pricing: Enjoy a 0 percent introductory APR on balance transfers for the first 12 billing cycles on balances you transfer within the first 60 days. The regular APR is 16.24 percent to 25.74 percent based on your creditworthiness. There’s no annual fee.
Chase Sapphire Reserve Card
The Chase Sapphire Reserve Card is a premium travel rewards credit card with lots of perks like a $300 annual travel credit and a $100 application fee credit for Global Entry or PreCheck..For frequent diners, you’ll earn three points per dollar on dining worldwide. You’ll also earn three points per dollar on all your travel purchases and one point per dollar on everything else.
As a new cardholder, you can earn 50,000 bonus points after spending $4,000 on purchases in the first three months of opening your credit card. You can redeem your points for up to $750 in travel when you redeem through Chase Ultimate Rewards.
As a premium rewards credit card, the Chase Sapphire Reserve has a $450 annual fee and a $75 annual fee for any additional authorized users (you can add up to four). The APR for purchases and balance transfers is 17.49 percent to 24.49 percent based on your creditworthiness.
Discover it Secured Card
The Discover it Secured is not only great for rebuilding your credit but also offers rewards. You’ll earn 2 percent cash back for your restaurant and gas station purchases up to $1,000 in combined purchases each quarter. All your other purchases on the Discover it Secured earn 1 percent cashback. Discover will automatically match all the cashback you earn in your first year of opening your credit card.
Because it’s a secured credit card, you must make a minimum $200 security deposit to open your credit card. After eight months, you may qualify to receive a refund of your security deposit and keep your credit limit. As a Discover customer, you get free access to your FICO score and free Social Security number alerts, notifying you if your social security number is found on risky websites across the internet.
There’s no annual fee on the Discover it Secured credit card and the APR is 24.24. percent.
Do you love eating out? Then, you need to discover the best credit cards for restaurants and where to use them. Some regular credit cards reward you for.