{"id":124297,"date":"2024-09-11T01:54:17","date_gmt":"2024-09-11T01:54:17","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/09\/11\/the-best-credit-cards-to-maximize-large-purchases-the-points-guy\/"},"modified":"2024-09-11T01:54:17","modified_gmt":"2024-09-11T01:54:17","slug":"the-best-credit-cards-to-maximize-large-purchases-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/09\/11\/the-best-credit-cards-to-maximize-large-purchases-the-points-guy\/","title":{"rendered":"The best credit cards to maximize large purchases – The Points Guy"},"content":{"rendered":"


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Editor\u2019s note: This is a recurring post, regularly updated with new information and offers.<\/em><\/p>\n

One of the first lessons I learned when I got into the points and miles hobby is to put everything possible on a travel rewards card<\/a>. Simultaneously, choosing the best card is important to ensure you get the biggest bang for your buck \u2014 especially when making a large purchase.<\/p>\n

So, today, I want to discuss the most significant factors to consider the next time you plan on swiping your credit card for a significant amount of money.<\/p>\n

For starters, let\u2019s agree that the definition of a \u201clarge\u201d purchase can vary significantly from person to person. While you may not be able to charge a new car purchase to a credit card<\/a>, spending $1,000 or more on a medical bill<\/a>, a new laptop<\/a> or an essential household item may be much more common.<\/p>\n

No matter what the case, though, here\u2019s what you should consider when deciding which credit card can help you maximize large purchases.<\/p>\n

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The best cards for large purchases<\/h2>\n
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\n\n\n\n\n\n\n\n\n\n\n\n
Card<\/strong><\/th>\nWelcome offer value**<\/strong><\/th>\nRewards rate<\/strong><\/th>\nAnnual fee <\/strong><\/th>\n<\/tr>\n<\/thead>\n
Capital One Venture Rewards Credit Card<\/a><\/span><\/td>\n$1,388<\/td>\n2 miles per dollar on all purchases<\/td>\n$95 (see rates and fees<\/a>)<\/td>\n<\/tr>\n
Chase Freedom Unlimited<\/a> <\/strong><\/td>\nEarn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year), worth up to $300 cash back.<\/td>\n5% cash back on travel purchased through Chase Travel\u2120<\/p>\n

3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services<\/p>\n

1.5% cash back on all other purchases<\/p>\n

\u00a0<\/p>\n<\/td>\n

$0<\/td>\n<\/tr>\n
Citi Double Cash Card<\/a><\/span><\/strong><\/td>\n$200<\/td>\n2% cash back across all purchases \u2014 1% when you buy and another 1% when you pay your bill<\/p>\n

Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel portal through Dec. 31, 2024<\/p>\n<\/td>\n

$0 (see rates and fees<\/a>)<\/td>\n<\/tr>\n
The Business Platinum Card from American Express<\/a><\/span> <\/strong><\/td>\n$3,000<\/td>\n5 points per dollar on flights and prepaid hotels booked at Amex Travel<\/a><\/p>\n

1.5 points per dollar on eligible purchases in select business categories and eligible purchases of $5,000 or more; on up to $2 million of these purchases per calendar year<\/p>\n

1 point per dollar on other purchases<\/p>\n<\/td>\n

$695 (see rates and fees<\/a>)<\/td>\n<\/tr>\n
Ink Business Premier Credit Card<\/strong><\/a><\/td>\n$1,000<\/td>\n5% total cash back on travel purchased through Chase Ultimate Rewards<\/p>\n

2.5% total cash back on purchases of $5,000 or greater<\/p>\n

2% cash back on all other eligible purchases<\/p>\n<\/td>\n

$195<\/td>\n<\/tr>\n
American Express Gold Card<\/a><\/span> <\/strong><\/td>\n$1,300<\/td>\n4 points per dollar at U.S. supermarkets (on up to $25,000 per calendar year, then 1 point per dollar) and restaurants (on up to $50,000 per calendar year, then 1 point per dollar)<\/p>\n

3 points per dollar on flights booked directly with airlines or on amextravel.com<\/p>\n

1 point per dollar on all other spending<\/p>\n<\/td>\n

$325 (see rates and fees<\/a>)<\/td>\n<\/tr>\n
Capital One Venture X Business<\/a><\/span><\/td>\n$2,775<\/td>\n10 miles per dollar on hotels and car rentals booked through Capital One Travel<\/p>\n

5 miles per dollar on travel booked through Capital One Travel<\/p>\n

2 miles per dollar on all other purchases<\/p>\n<\/td>\n

$395 (see rates and fees<\/a>)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

** Bonus value is calculated by TPG based on our monthly valuations<\/a> and is not provided by the issuer.<\/em><\/p>\n

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Card details for the best cards for large purchases<\/h2>\n

Capital One Venture Rewards Credit Card: Best for earning flexible rewards<\/h3>\n

Annual fee:<\/strong> $95 (see rates and fees<\/a>)<\/p>\n

Welcome offer: <\/strong>Earn 75,000 bonus miles when you spend $4,000 on purchases within the first three months from account opening.<\/p>\n

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Why it\u2019s great for large purchases:<\/strong> You\u2019ll earn 2 miles per dollar across all purchases. Many large purchases, such as wedding expenses<\/a> or home renovation costs<\/a>, may not fit in a traditional bonus category, so a flat-rate card that earns across all categories can be a great option. Plus, this is an excellent card long-term for everyday spending<\/a> once you\u2019ve taken care of your large purchases. You can redeem miles at a fixed value<\/a> as a statement credit for eligible travel purchases, or you can utilize Capital One 15-plus transfer partners<\/a> to maximize redemption value<\/a>.<\/p>\n

Related: Capital One Venture review<\/a><\/strong><\/p>\n

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Apply here: Capital One Venture<\/a><\/span><\/strong><\/p>\n

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Chase Freedom Unlimited: Best for introductory APR<\/h3>\n
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