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Some of your friends may be aiming to eliminate all their credit card debt in 2020. Before you go and cut up all the plastic in your wallet, maybe consider how credit cards might be able to assist you in sticking to your New Year’s resolutions. Here are five credit cards that can help you do just that.
Credit Cards for New Year’s Resolutions
- The Blue Cash Preferred® Card from American Express
- Chase Slate Edge℠
- Chase Sapphire Preferred® Card
- The World Of Hyatt Credit Card
- Amazon Prime Rewards Visa Signature Card
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
The information for the Amazon Prime Rewards Visa Signature Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.
1. The Blue Cash Preferred Card from American Express
Health goals are a big part of New Year’s resolutions. If you have a goal of eating healthier and spending less money on fast food and junk food this year, consider The Blue Cash Preferred® Card from American Express.
It’ll earn you cash back (6%) at U.S. supermarkets, up to $6,000 per year (then 1%). The card also gives you 6% cash back on U.S. streaming subscriptions. If you’re in need of some Netflix or Hulu to watch while on the treadmill or your Peloton, you can get rewarded for that, too. The card comes with 3% cash back on transportation (trains, parking, tolls, rideshares, etc.) and at U.S. gas stations, and 1% cash back on everything else.
Cash back comes in the form of Reward Dollars that can be redeemed as a statement credit.
It’s also one of the best credit cards for groceries. Just be aware that the rewards are only able to be earned at U.S. supermarkets.
Cardholders can also enjoy $7/month back in the form of a statement credit after spending $12.99 or more each month on an eligible The Disney Bundle package (which includes Disney+, Hulu, and ESPN+) subscription with the Blue Cash Preferred Card. Enrollment required.
The welcome bonus is the ability to earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. There is a $0 intro annual fee for the first year, then $95 (See Rates & Fees).
Learn more: Cash Back Credit Cards
2. Chase Slate Edge
It’s definitely not a bad idea to reduce your debt if that is one of your New Year’s resolutions. However, doing so is much easier said than done. One card that can make it easier (yes, there is a credit card that can actually help you reduce your debt) is the Chase Slate Edge℠.
The Chase Slate Edge℠ lets you start off strong with 0% Intro APR for 18 months from account opening on purchases and balance transfers. A variable APR of 19.49% – 28.24% on balance transfers and purchases after the introductory period ends.
You can transfer balances from other cards that are potentially acquiring a lot of interest to this card. However, note that balance transfers may not be used to pay other credit cards or loans issued by Chase Bank (terms apply).
The card also does not have an annual fee. You can learn more about this card in our Chase Slate Edge review.
3. Chase Sapphire Preferred Card
If your New Year’s resolution is to travel more this year, then signing up for one of the most favored travel credit cards out there is a no-brainer. The Chase Sapphire Preferred® Card is a top pick for those looking to earn points that can be used for travel.
Plus, the Chase Ultimate Rewards portal is well-liked for its ability to give you better deals on travel redemptions, whether you’re looking to redeem points for airfare, hotels, or even cruises.
4. The World of Hyatt Credit Card
If you want to travel more and you’re looking out for your health, why not get a card that can help you do both? The World of Hyatt Credit Card is one of the very few credit cards out there that allows you to earn points on a gym or fitness membership (2x World of Hyatt points for every eligible dollar spent). In addition, you’ll also get 9x World of Hyatt points when you book Hyatt stays as a World of Hyatt member.
On top of this, the card comes with 2x points for charges made at restaurants, airline tickets purchased directly with the airlines, and transit. This is one of the best credit cards for restaurants and dining.
The annual fee is $95. Cardholders also receive 1 free night at any category 1-4 Hyatt hotel or resort after their cardmember anniversary. One of the best credit cards for free hotel nights, know that Hyatt free nights start at 5,000 points.
Additionally, cardholders can enjoy complimentary World of Hyatt Discoverist status for as long as their account is open.
You also have the opportunity to earn up to 60,000 bonus points as a signup bonus with The World of Hyatt Credit Card. Earn 30,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening. Plus, earn 2 Bonus Points per $1 spent on purchases that earn 1 Bonus Point, up to $15,000, in the first 6 months of account opening.
5. Amazon Prime Rewards Visa Signature
And for just about every New Year’s resolution you can think up, the Amazon Prime Rewards Visa Signature Card can help you accomplish it.
Want to read more? Purchase your books on Amazon, where you’ll get 5% back on Amazon purchases with your eligible Prime Membership. Want to be healthier? Buy your food at Whole Foods, where you’ll also get 5% back with your eligible Prime Membership. Want to spend more quality time with the family? Purchase a board game, movie, or just about anything else on Amazon to make it happen.
This card also comes with a 2% back on restaurant, gas station, and drug store purchases. Plus, there’s a 1% back on all other purchases. The sign-up bonus is a $70 Amazon gift card that will be awarded upon approval.
Recap of Credit Cards for New Year’s Resolutions
Sticking to those New Year’s resolutions is much easier when you have the right tools to help you. Whether you’re looking to get healthy, read more, or travel, there are plenty of options to consider. Which one do you prefer?
Credit Cards for New Year’s Resolutions
- The Blue Cash Preferred® Card from American Express – Supermarket and streaming services purchases
- Chase Slate Edge℠ – Reducing debt
- Chase Sapphire Preferred® Card – Travel more
- The World Of Hyatt Credit Card – Gym and fitness memberships
- Amazon Prime Rewards Visa Signature Card – Amazon and Whole Foods purchases
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For rates and fees of The Blue Cash Preferred® Card from American Express, please click here.
