What is the best credit card for retirees?

One of the best credit cards for retirees is the AARP Credit Card. It has no annual fee and gives a $200 bonus for spending just $500 in the first 3 months. It also gets you 3 points per $1 on gas and restaurant purchases, and 1 per $1 on everything else. Plus, you can use those points to pay for your AARP membership, which provides discounts on insurance, travel, dining, phone service and more.

Other good retirement credit cards include Citi Double Cash for its consistent 2% cash back on all purchases, Capital One VentureOne for its fee-free travel rewards, and Chase Slate for getting rid of any lingering debt you might have. It all depends on whether you want to make your money stretch further, focus on vacationing, or get your financial house in order.

Here are the best credit cards for retirees:

• AARP Members – AARP Rewards Credit Card 20,000 bonus points worth $200 cash back when you spend $500 in the first 3 months. 3 points per $1 on gas station and restaurant purchases and 1 on everything else. You can spend points to pay your AARP membership or redeem for other things like gift cards and travel. No annual fee. Requires good credit.
• Consistent Cash Back – Citi Double Cash 1% cash back on every purchase, another 1% when you pay it off. 18-month 0% APR on balance transfers to help take care of any lingering loans. No annual fee. Requires good credit.
• Everyday Bonus Cash Back – Amex Blue Cash Preferred $200 statement credit when you spend $1,000 in the first 3 months. 6% cash back on up to $6,000 per year at U.S. grocery stores, 3% at U.S. gas stations and select department stores and 1% everywhere else. That’s great for everyday retiree expenses. 12-month 0% APR on purchases and balance transfers. Requires good credit.
• No Annual Fee Travel Card - Capital One VentureOne 20,000 miles, worth $200 in travel, for spending $1,000 in the first 3 months. Unlimited 10 miles per $1 spent at hotels.com/venture and 1.2 on all other purchases. Use the miles to take a trip and start enjoying your retirement. 12-month 0% APR on purchases. No annual fee. Requires good credit.
• Travel Rewards Sign-up Bonus - Chase Sapphire Preferred 50,000 points, worth $625 in travel, for spending $4,000 in the first 3 months. 2 points per $1 on travel and dining and 1 on everything else. Points worth 25% more toward travel. $95 annual fee waived the first year. Requires excellent credit.

When shopping for the ideal card for your retirement, be sure to think about what you value most. For example, you may want to kickstart your dream vacation with Capital One Venture. Or consistently save on everyday purchases with Citi Double Cash. If you have multiple things you want to focus on, like travel and financing, you can always get separate cards for those two functions.

I like the Capital One Venture Rewards Credit Card. You need to have at least good credit to get it, but you get a bonus that's equal to $500 in travel, once you spend $3,000 in purchases in the first 3 months. There's no annual fee for the first year, and the rewards rate is 2 miles per dollar spent.

It would really depend on what your plans are. Citi Double Cash is a good all-rounder, but if you're thinking of travelling, maybe something like Sapphire Preferred would work.