Rewards Credit Cards

Due to rising competition within the industry, credit card companies now understand the importance of their customers. That is why many credit cards are available with bonus incentives for spending, such as discounts at hotels and restaurants, low introductory rates or even cash rebates.

From frequent travelers to students, there are rewards cards designed for just about any lifestyle. There was a time when rewards cards were difficult to obtain, as they were reserved only for long-standing customers with flawless credit scores. However, with so many rewards cards now available, it is much easier for the average cardholder to qualify.

Credit Panda's Recommended Credit Card

Credit Panda recommends Capital One® No Hassle Miles(SM) Rewards - Excellent Credit as our favorite Rewards credit card.

  • 0% APR on Purchases Until September 2008. After That, Variable APR, Currently 13.40%
  • Earn Miles 25% Faster than Regular Miles Cards - for Customers with Excellent Credit
  • No Blackout Dates or Seat Restrictions
  • Earn 1.25 Miles for Each Dollar Spent on Purchases
  • No Expiration Date on Miles and No Limit on the Miles You Can Earn
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% on Purchases until September 2008

13.40% Variable

$0

Very Good

MERRILL+® Card

  • Introductory Fixed 1.9% APR on Balance Transfers and Cash Advance Checks for the First 12 Billing Cycles
  • No Annual Fee
  • Credit Line May Be as High as $250,000
  • Low 9.99% APR
  • Earn 1 Point for Every $1 Spent
  • Apply now at the Bank of America website.

Intro APR

Regular APR

Annual Fee

Credit Needed

1.9% APR for 12 Months

9.99% Fixed

$0

None

Discover® Motiva(SM) Card

  • Up to 1% Unlimited Cashback Bonus on All Other Purchases Automatically
  • 5% to 20% Cashback Bonus® at Top Online Retailers
  • Free Payment by Phone or Online-Even on Your Payment Due Date
  • Increase, Even Double, Your Rewards When You Redeem for Gift Cards from Our 100 Cashback Bonus Partners
  • Choose a Payment due Date That Meets Your Needs
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

3.9% Intro APR*

10.99% Fixed

$0

None

Total Merrill(SM) Cash Back Visa® Card

  • No Annual Fee
  • 1% Cash Back on Virtually All Purchases
  • Low 9.99% APR for Retail Purchases
  • No Annual Fee and a Low Competitive 9.99% Annual Percentage Rate (APR)
  • Credit Line may be as High as $250,000
  • Apply now at the Bank of America website.

Intro APR

Regular APR

Annual Fee

Credit Needed

1.9% APR for 12 Months

9.99% Fixed

$0

None

Bank of America Visa Signature® WorldPoints® Rewards

  • Introductory 0% APR for Cash Advance Checks and Balance Transfers through Your First 12 Billing Cycles
  • No Annual Fee
  • Absolute Fraud Protection
  • Earn 1 Point for Every $1 in Net Retail Purchases
  • Online Access and 24-Hour Service
  • Apply now at the Bank of America website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 12 Billing Cycles

9.90% / 15.99% Fixed

$0

Excellent

Brighter Planet Visa® Credit Card

  • 1,000 EarthSmart Bonus Points with First Transaction
  • 1 EarthSmart Point for Every $1 Net Retail
  • For Every Two Base Points Earned Through December 2008, Bank of America Will Make a Matching Contribution of One Additional Point
  • 1,000 EarthSmart Bonus Points for Signing up for Paperless Statements
  • Apply now at the Bank of America website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 12 Months

9.90% / 15.99% Fixed

$0

None

IberiaBank Visa® Platinum Rewards Card

  • 0% Introductory APR on Balance Transfers for Your First 6 Billing Cycles
  • No Annual Fee
  • Data
  • Earn 1 Bonus Point for Every $1 in Net Retail Purchases and Redeem Your Points for Hotel Rooms, Gourmet Dinners, Travel, and More
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

8.24% Variable

$0

Very Good

IberiaBank MasterCard® Gold Cash Back Rewards Card

  • No Limit on Cash Back; No Expiration for The Life of Your Account
  • 1% Cash Back on Everything You Buy From Day One
  • No Minimum to Redeem for Cash
  • 0% Introductory APR on Balance Transfers for Your First 6 Billing Cycles
  • No Annual Membership Fee
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

8.24% Variable

$0

Good

IberiaBank Visa® Gold Cash Back Rewards Card

  • No limit on Cash Back; No Expiration for the Life of Your Account
  • 1% Cash Back on Everything You Buy From Day One
  • No Minimum to Redeem for Cash
  • 0% Introductory APR on Balance Transfers for Your First 6 Billing Cycles
  • No Annual Membership Fee
  • Apply now at the the card issuer's website.

Intro APR

Regular APR

Annual Fee

Credit Needed

0% APR for 6 Months

8.24% Variable

$0

Good