The best credit card for consultants is the Chase Sapphire Preferred® Card because it offers 100,000 points for spending $4,000 in the first 3 months. It also gives 2 points / $1 spent on travel and dining and 1 point / $1 on anything else you buy. Consultants tend to spend a lot of time in airplanes and hotels, after all, and the Chase Sapphire Preferred® Card’s rewards are transferrable to more than a dozen hotel and airline rewards programs at a 1:1 ratio. Those programs include Hyatt, Marriott, Southwest, United and more. The Chase Sapphire Preferred® Card has a $95 annual fee.
If you’re a self-employed consultant or running your own consulting firm, consider Ink Business Preferred® Credit Card. This card’s bonus is huge: 100,000 points for spending $15,000 in the first 3 months. You’ll also earn 3 points / $1 spent on up to $150,000 in select business categories each year. Categories include shipping costs, internet service, advertising and more. The card’s annual fee is $95.
Consultants traditionally spend a lot of money on reimbursable work expenses, so you may want a card that complements all the additional spending. For example, the Capital One® Savor® Cash Rewards Credit Card has an earning rate of 4% cash back for dining out and entertaining clients (plus 4% cash back on streaming services, 3% back at grocery stores and 1% on all other purchases). You can also earn a bonus of $300. To get it, spend $3,000 within 3 months after your account opens.
For your daily commutes and other day-to-day expenses, the Blue Cash Preferred® Card from American Express is a good choice as well. Its earning rate is 3% cash back on gas, as well as 6% on the first $6,000 spent at supermarkets each year. All other purchases give 1% cash back. Consultants who prefer straight cash back on all spending may opt for the Citi Double Cash Card. It offers 2% cash back on every purchase: 1% when you buy and an additional 1% when you pay the bill.
The best Visa travel rewards credit cards provide an opportunity to earn free flights and hotel stays as well as take advantage of benefits such as travel insurance. There may be insurance for everything from rental cars and luggage to cancelled trips and travel accidents, depending on the card. Some Visa travel credit cards also offer luxuries such as free checked bags, room/seat upgrades and airport lounge access.… read full answer
To help you start your search for a good Visa travel rewards card, WalletHub’s editors have picked out some popular offers.
Visa travel rewards credit cards enjoy worldwide acceptance, as cards on the Visa network can be used in 200+ countries and territories. Plus, most Visa travel rewards credit cards do not charge foreign transaction fees, which means you won’t pay extra for international purchases.
Each credit card company has its own rewards program. And each credit card rewards program has a unique reputation. Some are known for good customer service. Others are notable for offering rewards cards to people with less-than-good credit. You can find the latest rankings in WalletHub’s annual Credit Card Rewards Study… read full answer, which reviews major credit card rewards programs based on earning potential, eligibility, transparency and more. The study also includes scores and rankings for individual cards.
Given that your ultimate goal should be to find the single best rewards card for your needs, your focus should be more at the card level than the issuer or rewards program level. The quality of a rewards program matters in the sense that it impacts what you can redeem your earnings for and how much they’re worth when you do. But a credit card’s core terms – annual fee, rewards earning rates, etc. – are what matter most.
With that being said, the first step in choosing the right rewards program is asking yourself this question: Do I rack up 30,000+ airline miles or 20+ hotel nights per year?
If your answer is “yes,” get one of WalletHub’s best travel rewards credit cards. Most people will be better off with a card that’s equally rewarding no matter where you book travel accommodations. But if you always fly with the same airline or stay at the same hotel chain, it’s worth at least considering that company’s credit card.
If you answered “no,” we recommend getting the best cash back credit card for your spending habits. Credit card companies can easily devalue points/miles by increasing the number that you need to redeem for certain items. That makes saving them up for infrequent redemption a bit risky. But issuers can’t play the same games with cash. Cash back rewards also give you versatility in that you can redeem earnings for any type of expense by getting a statement credit.
The best hotel credit card bonus is 100,000 points by the Radisson Premier Visa Signature Credit Card. You get 100,000 points for spending $3,000 in the first 90 days. You can redeem those bonus points for up to 10 free nights at hotels around the world, starting at 9,000 points per night.… read full answer
You also get 40,000 points when you renew your card by paying the $75 annual fee. And you’ll get 10 points for every $1 spent at the Radisson Family of Hotels, as well as 1 point per $1 everywhere else.
Of course, it’s good to have a few backup options in your pocket as well.
Here are more good hotel credit card bonus offers:
Marriott Rewards Premier Credit Card: 75,000 point bonus for spending $3,000 in the first three months. That’s worth up to 10 free nights. $85 annual fee, waived the first year. 5 points per $1 at Marriott, Ritz-Carlton and Starwood hotels. 2 points per $1 on tickets purchased directly with airlines, car rental agencies and restaurants. 1 point per dollar everywhere else. 1 free night for your account anniversary. This card requires good credit.
IHG Credit Card: 60,000 point bonus for spending $1,000 in the first three months. 10% of your rewards back when you redeem, bumping your bonus to 66,000 points. That’s worth up to 6 free nights. $49 annual fee waived the first year. 5 points per $1 at IHG hotels and 2 at gas stations, department stores, and restaurants. 1 point per $1 everywhere else. This card requires good credit.
Capital One Venture: 50,000 bonus miles for spending $3,000 in the first three months. The bonus is worth $500 when redeemed for travel, including hotels. $95 annual fee, waived the first year. 10 points per $1 at Hotels.com/venture, and 2 on all other purchases. This card requires good credit.
A hotel credit card bonus can save you serious money if you’re a frequent traveler. And since all the chains behind the major hotel credit cards operate around the globe, you can redeem your points for free nights anywhere you want. Radisson operates hotels in over 50 North American locations, as well as 16 South American, and 20+ Asian and African. Marriott has 5,301 hotels around the world. And IHG operates in over 100 countries.
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