Comments on: Low APR Credit Cards with Rewards Program? http://www.nerdwallet.com/blog/2010/low-apr-credit-cards-with-rewards-program/ Reviews and More Sun, 05 Feb 2012 22:16:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tim http://www.nerdwallet.com/blog/2010/low-apr-credit-cards-with-rewards-program/comment-page-1/#comment-201 Tim Tue, 02 Mar 2010 14:02:44 +0000 http://www.nerdwallet.com/blog/?p=517#comment-201 Hey Shawna, great question! I'm sure you're not the only one facing that issue. Two of the best cards for your situation are probably the <a href="http://www.nerdwallet.com/card-details/card-name/Discover-Escape" rel="nofollow">Discover Escape</a> and the <a href="http://www.nerdwallet.com/card-details/card-name/Discover-Miles" rel="nofollow">Discover Miles</a>. Both offer a 0% intro APR on balance transfers <i>and</i> purchases for the first six months, and both offer rewards. The <a href="http://www.nerdwallet.com/card-details/card-name/Discover-Escape" rel="nofollow">Escape</a> pays a higher reward rate but charges a $60 annual fee, while the <a href="http://www.nerdwallet.com/card-details/card-name/Discover-Miles" rel="nofollow">Miles</a> card pays a slightly lower reward but charges no annual fee. Alternatively, if you would rather not go with the <a href="http://www.nerdwallet.com/credit-card-index/card-list/Discover" rel="nofollow">Discover</a> network, your best bet is to get two separate cards. I can tell you that our most popular rewards card is the <a href="http://www.nerdwallet.com/card-details/card-name/American-Express-Blue-Cash" rel="nofollow">AmEx Blue Cash</a>, and we've got a few of our favorite balance transfer cards listed above. At the end of the day, it depends on your situation, so you should run some numbers on our <a href="http://www.nerdwallet.com/balance-transfer-credit-cards" rel="nofollow">Balance Transfer</a> page and our main <a href="http://www.nerdwallet.com/credit-cards" rel="nofollow">Rewards</a> page to see which cards rank highest for you! Hey Shawna, great question! I’m sure you’re not the only one facing that issue.

Two of the best cards for your situation are probably the Discover Escape and the Discover Miles. Both offer a 0% intro APR on balance transfers and purchases for the first six months, and both offer rewards. The Escape pays a higher reward rate but charges a $60 annual fee, while the Miles card pays a slightly lower reward but charges no annual fee.

Alternatively, if you would rather not go with the Discover network, your best bet is to get two separate cards. I can tell you that our most popular rewards card is the AmEx Blue Cash, and we’ve got a few of our favorite balance transfer cards listed above.

At the end of the day, it depends on your situation, so you should run some numbers on our Balance Transfer page and our main Rewards page to see which cards rank highest for you!

]]> By: Shawna S http://www.nerdwallet.com/blog/2010/low-apr-credit-cards-with-rewards-program/comment-page-1/#comment-196 Shawna S Mon, 01 Mar 2010 23:38:53 +0000 http://www.nerdwallet.com/blog/?p=517#comment-196 hi, I carry a balance of about $4,000 at this point, and have pretty good credit. how do I calculate whether to apply for a good balance transfer card or to try for a 1% rewards card? hi, I carry a balance of about $4,000 at this point, and have pretty good credit. how do I calculate whether to apply for a good balance transfer card or to try for a 1% rewards card?

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