The best credit card for couples is the Citi Double Cash Card. That’s because it’s one of the best cash back cards on the market, offering a $0 annual fee and a couple percent back on every purchase. You get 1% back on all purchases and another 1% when you pay. A cash back card solves one of the biggest logistical challenges of shared credit cards, which is how to redeem rewards. With points or miles, one person might prefer to redeem for gift cards, while another might be more interested in travel. With cash, it’s easy to split up rewards evenly, or put them toward a joint project like saving for a home.
One member of the partnership will need to be the primary cardholder, since Citi does not allow true joint accounts. But an authorized user can make purchases independently, and both parties will see information from the account on their credit reports. So for practical purposes, it’s easy to treat an authorized user as a joint accountholder.
Of course, both halves of a couple might want a travel rewards card like Capital One Venture, which offers a couple of miles per $1 spent. Or they might not have the credit standing necessary to get a top rewards card. Fortunately, there are plenty of good options to consider in most cases.
Here are the best credit cards for couples:
Cash Back: Citi Double Cash Card
No annual fee. 1% cash back everywhere, and another 1% back when you pay your bill. Good credit required.
Rewards Sharing: JetBlue Card
No annual fee. 10,000 points for spending $1,000 in your first 90 days. 3 points per $1 on JetBlue purchases, 2 at restaurants, and 1 everywhere else. You can share points with family members through Family Pooling and redeem them for JetBlue purchases. Good credit required.
Travel: Capital One Venture Credit Card
$95 annual fee, waived in the first year. 50,000 bonus miles worth $500 in travel for spending $3,000 in your first three months. 10x miles at Hotels.com, and 2x points everywhere else. Good credit required.
Building credit: Discover it Secured Credit Card
No annual fee. $200 minimum security deposit. 2% cash back on gas and restaurants for your first $1,000 per quarter in combined purchases. 1% cash back everywhere else. Discover matches all the rewards you’ve earned on your first anniversary. This card is available to people with bad credit.
Ultimately, the best credit card for couples depends on the couple’s interests, spending habits and goals. And if you’re getting a card together, it can be a good idea to take stock of your relationship. A joint account may make sense in a long-term commitment, but it’s a risky endeavor for a new relationship.